roulettewheelhowtoplay| Bonda Asia: Geophysical tensions reignite Gold closed slightly higher

April nineteenthRoulettewheelhowtoplayOn Thursday local time New York Fed Chairman John Williams said the Fed was in no hurry to lower central bank interest rates and that economic data would determine the timing of action. Williams said at an event held by the media that monetary policy is in a "favorable position" and that interest rates are gradually pushing US inflation closer to the central bank's goal. "Monetary policy is doing what we want to see, so I don't feel the urgency of cutting interest rates." When it comes to the possibility of the Fed raising interest rates further, Williams said this is not his "baseline scenario", but if economic data prove that such a move is necessary, it is possible. "I think it's right to focus on the 2% inflation target, because low inflation is the cornerstone of economic prosperity," Williams stressed. " Referring to the possibility of Trump's return to the White House, Williams said that no matter who enters the Oval Office, the Fed is only focused on "achieving the goal of maximizing employment and price stability."

In addition, the number of initial jobless claims in the United States remained low last week, in line with a healthy job market. The number of initial claims for unemployment benefits in the week ended April 13 was 21, according to data released by the U.S. Department of Labor on Thursday.Roulettewheelhowtoplay.20, 000, slightly lower than the 215000 expected by the market. The number of renewed jobless claims in the United States remained unchanged at 1.81 million in the week ended April 6, little changed. The number of unadjusted initial claims for unemployment benefits that did not take into account seasonal effects fell to 208509. New Jersey, Wisconsin and Pennsylvania saw the biggest declines, while California rose. In the 20 years before COVID-19 's epidemic, the average number of people claiming unemployment benefits each week was about 345000, and the number of people who renewed their claims was about 2.9 million.

The figures to watch today are the German March PPI annualized rate and the UK March quarterly adjusted monthly retail sales rate.

Gold / US dollar

Gold fluctuated upwards yesterday, closed slightly higher on the daily line, and is now trading around 2384. In addition to the short covering of gold constitutes a certain support, the revival of geopolitical tensions to stimulate the market risk aversion sentiment also constitutes a certain support for safe haven commodity gold. However, the dollar index rose on the back of good economic data and hawkish rhetoric from Fed officials, limiting gold's upside. Today, we will focus on the pressure situation near 2400, with the lower support around 2370.

USD / JPY

The dollar / yen fluctuated upwards yesterday, closed slightly higher on the Japanese line, and is now trading around 154.40. In addition to the 154.00 mark providing some support to the exchange rate, the rise of the dollar index supported by good economic data and hawkish comments of Fed officials is also an important factor supporting the rise of the exchange rate. However, fears remain that the Bank of Japan will intervene again in the foreign exchange market, limiting the room for appreciation. Today, we will focus on the pressure situation near 155.50, with the lower support around 153.50.

AUD / USD

The Australian dollar fluctuated downwards yesterday, closed slightly lower on the daily line, and is now trading around 0.6400. In addition to the US dollar index's rise in hawkish comments by Fed officials and good economic data to further cool the Fed's interest rate cut expectations is the main reason for the weakness of the Australian dollar, commodity crude oil, the decline in iron ore prices has also put some pressure on the commodity currency, the Australian dollar. Today, we will focus on the pressure situation near 0.6500, with the lower support around 0.6300.