Ma Ning: Draghi Magic Works, Market Turns To Russia And Ukraine

Delaki, the president of the European Central Bank, is not the name of super Mario. He can always think about it. P

In recent weeks, he has spoken loudly about the bad effects of the euro's rise. The market has pushed ahead with the European Central Bank's news conference today, pushing the euro / dollar down 120 points.

Delaki always lets the market believe what he says.

Do you remember the comment that Draghi made in 2012 about "doing everything we can" and marking the end of the sovereign debt crisis? It is worth noting that the ECB needs to use its lips to make the market move in the direction of hope.

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< p > the conference is divided into two parts, making the euro a roller coaster ride.

Let's take a look at the half part of the ECB statement, which includes a lot of conventional content, "mild economic recovery", "short term a href=" //www.sjfzxm.com/news/index_cj.asp "> inflation < /a > low, but medium term inflation is still firmly controlled", but also reiterated the central bank's forward-looking guidelines and promised "interest rates will remain at current or lower levels for a long time".

The euro / dollar rise was close to the 1.4 pass.

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In the second half of the P, he was asked about the prospect of deflation, exchange rate and further policy actions when he was absorbed in the Q & a session.

Delaki said that if necessary, the European Central Bank is ready to take more actions in June to combat deflation.

He knows very well that the strong euro is pressing inflation and is not satisfied with it.

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< p > > a href= "//www.sjfzxm.com/news/index_cj.asp" > Draghi /a > although it used to indicate that the central bank is preparing for action, the fact that the earliest action may take place next month has attracted the attention of the market.

The European Central Bank will announce the latest growth of internal members and inflation forecasts at the June meeting. If the inflation rate forecast for the next 1-2 years is being revised, the ECB may have no choice but to take action to fulfill its mission, that is, to maintain price stability.

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The euro P began to drop sharply from this point.

Traders believe the ECB will take action in June, and if the market fails again, the euro will retaliate.

Before the next interest rate resolution comes, two things will be crucial: first, we see prices falling in May; two, in April, CPI is weaker than expected to lead to the ECB's internal inflation forecasts for the next two years and next year.

If so, we believe that the central bank may take more action.

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< p > May 9th will be the last trading day of this week. For the sake of a href= "//www.sjfzxm.com/news/index_cj.asp" and "global economy < /a", there are few remaining points.

Therefore, the situation in Ukraine is likely to become the focus of investors once again.

At present, the pro Russian separatists in eastern Ukraine have ignored Russian President Putin's appeal for postpone referendums, claiming that they will still hold a referendum on Sunday, and today coincides with the Soviet Union's victory over Nazi Germany. The performance of the foreign exchange market opening tonight and Monday is clearly worth the vigilance of the market participants.

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< p > there are analysts who believe that at the moment, the three suspense of concern in Ukraine is: will the eastern Donetsk state and Luhansk state hold a referendum as scheduled to decide on their future? Will the Ukraine presidential election be held at the end of the month as scheduled? Will Russia use the army to intervene directly in Ukraine's situation? These suspense concerns the future trend of Ukraine's situation and is also the focus of attention at present.

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< p > it is foreseeable that once the situation of Ukraine is upgraded again on the weekend, the risk aversion of the market will be heated up again, and the performance of the opening of the currencies next Monday is surely worth the attention of investors.

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