Jin Daogui Metal: evening there FOMC meeting minutes, the London Interbank sentiment or shock

Published: 20:29:59 2015/5/20 20:29:59  Views: 6038

Yesterday, the London silver closed at $ 17.13 / ounce, the daily closing a big Yinxian. Due to higher US dollar, coupled with the large-than-expected US data, the market believes may reveal optimistic view on the economy this week, the FOMC minutes, and the Federal Reserve is expected to raise interest rates during the year, push silver down. Follow tonight's FOMC meeting minutes released early in the morning, on the market will have a great guide direction.

US April housing starts jumped to the highest in nearly seven years and a half, building permits surge, renewed hope for a rebound of the US economy which, the US Department of Commerce (DOC) released Tuesday showed, April housing starts rate increased by 20.2 %, to 113.5, the highest since November 2007 the highest expected 1.019 million, before correction for 944,000 US April building permits rose to 1(http://www.fireinews.com/).143 million, the highest since June 2008 highest renewed Fed will raise interest rates later this year, the dollar index was positive support rose to two-week highs, rose over 1%, while on Tuesday, the Dow rose, closing at a record high for the second consecutive trading day. The S & P 500 index closed down 0(Finance News http://www.fireinews.com/).06 percent, Dow Jones Industrial Average closed up 0.17 percent, the Nasdaq [microblogging] index closed down 0.17 percent.

Weak euro, the dollar further support. The European Central Bank [microblogging] executive committee Coeure said, because July and August market liquidity is low, the ECB will advance asset purchases in May and June accelerated QE, the euro intraday fell 1.7 percent against the dollar over the first quarter of this year's data showed signs of recovery as part of the European Central Bank is still insufficient, is expected to post will continue to implement quantitative easing, the euro continued to fall likely that the dollar will have the opportunity to receive further support while the price of silver or pressure.

Data released in Japan today showed that Japan's first-quarter real GDP growth of 2.4 percent qoq initial value, better than expected growth of 1.5%, also higher than the previous value increased by 1.5 percent. The Bank of Japan expects the 2015 and 2016 fiscal year, the Japanese economy will continue potential higher than the pace of growth, but growth will slow down in the 2017 fiscal year, involved in the consumption tax hike is expected and cyclical factors. Message Description Japan's economic growth is likely to slow, with Japan in the first quarter before GDP deflator index increased less than expected, short-term higher after the yen turned down.

London silver by the stronger dollar yesterday, fell below support at 17.30 after Powei down, taking nearly half of the overall increase, the overall atmosphere at the main callback Fed dovish or hawkish wording of the minutes, then the silver trend performance from today the key role in the guidelines. Four hours, Bollinger opening run, prices were under 16.95 support rail, rail currently confined 17.41, short-term shock to see.

Trading strategies,

Pressure: 17.88,18.10

Support: 16.90,16.60,16.20

16.90-17.40 low altitude

Jin Daogui Metal: evening there FOMC meeting minutes, the London Interbank sentiment or shock

Jin Daogui metal


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