After the European Central Bank decided not to interest rates, the yield of euro zone government bonds changed little; The yield of German 10-year government bonds rose by 1 basis point to 2.14%.The survey shows that the European Central Bank is expected to cut interest rates for the fourth time this year to provide support for the economy, and the European Central Bank is bound to cut interest rates for the fourth time this year, loosening the troubled euro zone economy with the inflation rate approaching 2%. According to the survey, all the respondents except one analyst predicted that the European Central Bank would cut the deposit interest rate by 25 basis points to 3% again on Thursday. Only JPMorgan Chase is expected to cut interest rates by more than 50 basis points, believing that the recent data show that economic growth and inflation are weakening.The Nikkei 225 index closed up 1.21% at 39,849.14.
COMEX silver fell 1% in the day, Comex silver fell 1% in the day, and it is now reported at $32.63 per ounce.Market news: Brazilian President Lula should be able to leave the hospital early next week.COMEX silver fell 1% in the day, Comex silver fell 1% in the day, and it is now reported at $32.63 per ounce.
The offshore RMB retreated against the US dollar, and now it is reported at 7.2700.Vassilis, a foreign exchange strategist, quickly commented on the ECB's resolution: the euro fell to a new low because the ECB gave up the "restrictive policy" part of the statement, but this does not mean that the policy language is downright dovish. Bonds in the euro zone are in a moderate trend.Analyst: The interest rate of the European Central Bank will be pushed to the low end of the neutral range. Marchel Alexandrovich, an economist at Saltmarsh Economics, said that the European Central Bank cut interest rates by 25 basis points again, which is the fourth time in this easing cycle. The monetary policy statement reiterated that the Committee would not commit to a specific interest rate path in advance. However, the new forecast shows that the core inflation rate is 1.9% in 2026 and 2027, which indicates that interest rates may continue to push to the low end of the neutral range.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13