nightrushcasinonodepositbonus| Bonda Asia: Crude oil prices rebound and close higher, US dollar and Canadian dollar are under pressure and close lower

May 14thNightrushcasinonodepositbonusThe Bank of Japan announced on Monday that it would buy a smaller scale in its regular operations than on April 24.NightrushcasinonodepositbonusGovernment bonds to seek to reduce its presence in the Japanese bond market. The Bank of Japan said on Monday that it would buy 425 billion yen ($2.7 billion) of 5-10-year government bonds, up from 475.5 billion yen last month. This is the first time that purchases have been reduced since the end of December. Mitsubishi UFJ Morgan Stanley Securities (Mitsubishi UFJ Morgan Stanley Securities Co) commented that it was surprising for the Bank of Japan to reduce its purchases of JGBs. Bloomberg noted that the move could put upward pressure on Japanese bond yields, potentially narrowing the huge yield gap between Japan and the United States, which has weakened the yen. Yields on benchmark 10-year government bonds rose immediately after the BoJ's decision, while the yen regained earlier losses.

In addition, most analysts expect the Fed to cut interest rates twice this year from September and raise its inflation forecast for the second month in a row. While Fed officials have assured the market that the next step will be to cut interest rates, insufficient progress has been made in further reducing inflation and rising price expectations, raising doubts about whether the Fed will act this year. Federal fund futures contracts and economists agree that the chances of the Fed keeping interest rates unchanged until the end of the year are very low, and economists are now more confident that the Fed will wait until September to cut interest rates than they did about a month ago. Nearly 2/3 (70) of the 108 economists surveyed expect the federal funds rate to be cut to 5 for the first time in SeptemberNightrushcasinonodepositbonus.00% Mutual 5NightrushcasinonodepositbonusA range of .25%. In the survey last month, only slightly more than half of respondents expected the Fed to cut interest rates in September. Only 11 people expected the Fed to cut interest rates in July, while no one predicted a rate cut in June, compared with 26 in the April survey and four in June.

The data that need to be watched today are the final CPI annual rate in Germany in April, the unemployment rate in March in the UK, the average annual wage rate in March, including dividends, the ZEW economic climate index in Germany in May and the PPI annual rate in the United States in April.

Gold / US dollar

Gold fluctuated downwards yesterday, closing slightly lower on the daily line, and is now trading around 2344. In addition to profit-taking, the expected cooling of the Fed's interest rate cut in June also weighed on gold. However, lingering risk aversion in the market and a weaker dollar index limit gold's downside. Today, we will focus on the pressure situation near 2360, with the lower support around 2330.

USD / JPY

The dollar / yen fluctuated upwards yesterday and closed slightly higher on the Japanese line, now trading around 156.40. In addition to the expected cooling of the Bank of Japan to raise interest rates continues to provide support to the exchange rate, the expected cooling of the Fed's interest rate cut has also provided some support to the exchange rate. However, concerns about the Bank of Japan's further intervention in the foreign exchange market and the unexpected reduction in bond purchases by the Bank of Japan limit the room for appreciation. Today, we will focus on the pressure situation near 157.50, with the lower support around 155.50.

Us dollar / Canadian dollar

The US dollar / Canadian dollar fluctuated and consolidated yesterday, the daily line closed slightly lower, and the exchange rate is now trading around 1.3680. In addition to the weakness of the US dollar index, which was released in the United States a few days ago, the initial unemployment benefits data exceeded market expectations, affecting fermentation and other factors, the rebound in crude oil prices also exerted a certain pressure on the exchange rate. Today, we will focus on the pressure situation near 1.3750, with the lower support around 1.3600.

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