ozwincasinobonuscodes| The central parity of the RMB was raised by 3 points to 7.1043! CICC: The US dollar index still has further upward risks in the short term
April 22ndOzwincasinobonuscodesThe midpoint of RMB is quoted at 7.Ozwincasinobonuscodes. 1043Ozwincasinobonuscodes, an increase of 3 points, the midpoint price was quoted at 7 in the previous trading day.Ozwincasinobonuscodes. 1046 .
What to watch this week: the inflation indicator that the Fed is most concerned about will be released, and the Bank of Japan will discuss interest rates.
This week, the United States and Europe will release important economic data, developments in the Middle East remain closely watched by the market, and the Bank of Japan will hold an interest rate meeting.
There are a lot of things to watch this week, with the purchasing managers' index (PMI) in Europe and the United States in April, and the latest US gross domestic product (GDP) and monthly rate of personal consumption expenditure (PCE) data may affect the monetary policy outlook.
At the same time, the Bank of Japan will hold an interest rate discussion meeting, and after the end of the negative interest rate cycle last month, the market now expects July to be the time window for the next rate hike. However, the yen continued to fall, with the dollar / yen at one point approaching 155.00, prompting strong warnings of intervention from Japanese officials. On the eve of the policy meeting, Tokyo's March CPI will be announced, which may have some impact on future policy expectations.
CICC: there is still a risk that the dollar index will rise further in the short term.
This week the Fed will enter a quiet period ahead of the May FOMC meeting, with the Middle East situation and US PMI and PCE inflation data becoming the focus of market attention. As current US economic data still point to later Fed interest rate cuts and higher US Treasury interest rates, and the decline in risk assets such as geographies and US stocks are also conducive to the continued impact of risk aversion, we believe that the dollar index is still at risk of further upside in the short term.