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Analysis Report On Important Indicators Of Foreign Exchange Market (3.10-3.14)

2014/3/10 17:08:00 86

Foreign Exchange MarketIndicatorsAnalysis Report

"P > < strong > events on Monday: euro group meeting, Philadelphia Fed chairman Proso" s speech, Chicago Federal Reserve Chairman Evans delivered a speech on current economic situation and monetary policy "/strong > /p".


< p > < strong > Monday Keywords: Japan GDP, digest non farm / weekend news and < a href= "//www.sjfzxm.com/news/index_c.asp" > China data < /a > /strong > /p >


P > March 10th (March 10th), the market will continue to digest strong US non farm employment data in February, especially Asian stock markets such as Japan.

However, the situation in Ukraine is still good and bad. At the end of the week, there was a plane crash on Malaysia's flight to Beijing, and the February trade account data released in March 8th were extremely weak, or the market's optimism was limited.

The key data in the period is the fourth quarter GDP correction in Japan, which concerns data correction. The Bank of Japan has begun a two day resolution meeting, GDP data or market expectations.

The matter was concerned about euro group meeting, Federal Reserve Proso and Evans's speech.

< /p >


< p > < strong > > events on Tuesday: the Bank of Japan ended the two day interest conference and announced the results of the resolution; the European Conference on economic and financial affairs (ECOFIN) < /strong > /p >


< p > < strong > Tuesday keyword: BoJ resolution, UK GDP < /strong > /p >


< p > Tuesday (March 11th) the market will be concerned about the results of the BoJ interest rate resolution. The market once expected that the Bank of Japan would further relax its policy before the government started the sales tax increase in April. However, the recent comments of the Bank of Japan in various aspects have suppressed this expectation. They will pay close attention to the performance of GDP data in the second quarter of 2014.

On the whole, the forecast is still more optimistic, but the relevant market materials in Japan will still be cautious about waiting for the outcome of the central bank's resolution.

If announcing the relaxation policy or releasing the information unexpectedly, the Japanese yen will be pushed up and the risk assets will be good.

In terms of data, UK industrial output and GDP forecast data are worth noting. If the data are strong, the hedging function of sterling will be further strengthened when geopolitical concerns are heating up.

< /p >


< p > < strong > > events on Wednesday: < a href= "//www.sjfzxm.com/news/index_c.asp >" ECB < /a > chief economist Prete, executive director Cole and Merck delivered keynote speech < /strong > /p >


< p > < strong > Wednesday keyword: Message surface is relatively light < /strong > < /p >


< p > Wednesday (March 12th), the market is relatively thin. It is expected that the market will pay close attention to the progress of Ukraine's situation. Once there is any trouble, the global financial market is bound to give a strong response immediately.

Only Australian housing credit, British trade accounts and industrial output can be paid attention to.

The incident concerns the three officials of the European Central Bank, Mr. Pratt, executive director Cole and Mr Merck.

< /p >


< p > < strong > > Thursday incident: the New Zealand Federal Reserve announces official target rate and policy statement, and the European Central Bank's management committee, Kali Ning and executive director Cole, address "/strong > /p".


< p > < strong > Thursday Keywords: the New Zealand Federal Reserve resolution, Japan's core machinery orders, US retail sales and small non-agricultural, China's three big data < /strong > < /p >


< p > on Thursday (March 13th), attention should be paid to the New Zealand Federal Reserve resolution. As the market anticipate that the New Zealand Federal Reserve will announce 25 basis points to 2.75% interest rate hikes, once the rate hike will become the first country to raise interest rates in the world's major economies, it will bring great benefits to the New Zealand dollar.

Data sub market time data need to focus on: Japan's core machinery orders, Australian unemployment rate, China's retail / industrial output / asset investment, are expected to bring some short-term quotes.

Europe and the United States pay close attention to the two big data of US retail sales and initial jobless claims; after the unexpectedly strong US non farm in February, the market forecast that the cold weather will not continue to spread to the US economy, and the data within the day can give further support to this view.

The incident was concerned about the ECB's speech by Li Ning and Cole.

< /p >


< p > < strong > events on Friday: < a href= "//www.sjfzxm.com/news/index_c.asp > > Japan Central Bank < /a > minutes, vice chairman of the Federal Reserve nominee Fisher" /strong > /p >


< p > < strong > Friday keyword: position adjustment, Japan Central Bank February 18th meeting minutes, University of Michigan consumer confidence index, weekend Crimea referendum < /strong > /p >


On Friday (March 14th), the market will focus on the consumer confidence index of University of Michigan in March. This data has an important forward-looking role in the economy, because consumer confidence is a leading indicator of consumer spending, and consumer spending is very much more important in economic activities than in P.

It deserves close attention.

As for the minutes released by the Bank of Japan meeting released during the Asian market period, it is expected to have a general impact, as the summary of the February 18th resolution of the Bank of Japan is released in the minutes, and in March 11th of this week, the Bank of Japan updated a resolution statement.

The incident concerns Fisher, vice presidential nominee of the Federal Reserve.

As the weekend draws near, the market will actively adjust its positions, because the referendum of Crimea in Ukraine will join Russia in March 16th, and the US Federal Reserve interest rate resolution will be weighed up a week later.

< /p >

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