Exness: the final value of US GDP unexpectedly accelerated to shrink by 1.6%

　　 Wednesday , Powell's hawkish remarks stimulated the strong rise of the US dollar , Non US currencies are generally under pressure , Commodity performance is weak , Crude oil rose and fell , Precious metals are under pressure .

　　 Although the first quarter of the United States came out overnight GDP The final value unexpectedly accelerated and shrank 1.6%, Exceed market expectations , But then came US Federal Reserve Chairman Powell, who made hawkish remarks , Significantly positive for the US dollar .

 

　　 Powell said , The Fed needs to move interest rates into a restrictive range fairly quickly , The United States will not be allowed to transition from a low inflation environment to a high inflation environment . The biggest risk is persistent high inflation , It is not the slowdown of growth momentum brought about by the interest rate hike , The biggest mistake was the failure to restore price stability .

　　 Powell also stressed , The Fed has a way to maintain a strong labor market while , Bring inflation back to 2% The goal is .

　　 Affected by this , Overnight prices in Africa and the United States generally fell , The US dollar against the Japanese yen has further set a new record high to 137.00 mark . Given that Powell was more hawkish than the market expected , Gold has been forced lower , The market speculates that the Federal Reserve may be more aggressive and decisive in its decision to raise interest rates , This will undoubtedly challenge the US economy .

　　 meanwhile , Price pressures will be transmitted to the global demand outlook , Make it stop . Besides , There is no sign of improvement in the situation between Russia and Ukraine , The supply outlook is still at risk , Under the superposition effect, short-term negative energy prices are formed .

　　 Look ahead to the day , Fundamental star events are undoubtedly focused on the United States 5 Monthly inflation data , The market expects the United States 5 The heart of the month PCE The annual rate of price index +4.8%, Monthly rate +0.4%. If inflation data rises further , Probability will echo Powell's warning of high inflation , Guide the expectation of raising interest rates to rise again , This is for gold 、 Crude oil and other mainstream non-U.S. currencies will be a big shock .

　　 On the other hand , The United States, announced later 6 May Chicago PMI It's also worth paying attention to , The market expectation is 58, More than before 60.3 A slight decline , Depending on the market's bearish view of the U.S. economic performance .

 

　　 One hour chart , Gold fell yesterday 1812 Clean SSL Mobility , Then it bounced back to 1832 A line of , Form a trap . When it is left over from the next high formed in the previous trading day BSL After absorption , Prices quickly reversed downward , Because the main force's real intention is to short high positions , Just use BSL Match order flow delivery .

　　 Short term , Gold maintains a bearish bias , Wait for the price correction and rebound within the day, and short on the high , Focus on the overnight decline 50% Golden section bit 1823, The upper part of this water level is considered as a premium area , It belongs to the high selling area . The downward target continues to pay attention 1800-1805, The lower goal is 1780 near .