The minutes of the FED meeting, the Bank of England Governor Carney joined hands

Time:2018-07-05

  On Wednesday (July 4), due to the impact of the US Independence Day holiday, the market sentiment was light, but with the minutes of the Federal Reserve’s June meeting and the June non-farm payrolls report, the United States will impose tariffs on Chinese imports. The market is short-lived or just to meet the storm. During the review, some media members of the European Central Bank reportedly believed that the rate hike at the end of 2019 was too late. This news caused the euro to rebound rapidly against the US dollar, but the euro still has to fall back, or is affected by the heavy wait-and-see mood.

  The price of gold recorded a rise for the second consecutive day, with a cumulative increase of nearly $14 on two days. However, as the above-mentioned heavy events have been announced, the persistence of the gold price rebound remains to be tested. In terms of crude oil, both the US and the US oil both closed up. The Iranian Revolutionary Guards commander said that if the United States banned Iranian crude oil exports, it would prepare to stop the export of crude oil in the Middle East. Uncertainty in the geopolitical situation in the Middle East continues to support oil prices.

  Looking forward to Thursday, the minutes of the Fed’s June meeting will be the top priority. In addition, Bank of England Governor Carney’s speech, US ADP employment in June, and US EIA crude oil inventories in the week ending June 29 Worth investors' attention.