美国就业数据将于今天发布

The highlight of the day will most likely be the US Employment Data, with the data expected to weaken the greenback according to analysts, yet the JOLTS job openings and ADP Non-Farm Payrolls figures, exceeded analysts’ expectations with the ADP Non-Farm Payrolls coming in at 278k whereas it was expected to be reduced to 170k.Following recent statements by Fed policymakers such as Philadelphia Fed President Harker, traders may be looking to see whether or not the Unemployment rate ticks up higher than what is anticipated by market analysts. As such, traders eagerly await the release of the data which is due during today’s American session. During Yesterday’s American session the ISM Manufacturing PMI figure for May came in lower than expected, hence spiking worries of a continued deterioration in the US economy and as such weakened the greenback against its counterparts. Furthermore, we note the fact that the US Senate voted in favour to raising the debt ceiling as was expected, thus potentially avoiding a catastrophic US default which may have been as soon as Monday. Across the pond, during yesterday’s European Session we note the release of the Eurozone’s Preliminary HICP rates, upon which it appeared that inflationary pressures in the Eurozone appear to be easing. Yet we note that ECB policymakers have re-iterated that the bank may be near its terminal rate, but it still has some way to go, as ECB President Lagarde re-iterated that “inflation is too high”. In addition to the ECB May Meeting Minutes, indicating that a number of policymakers favoured a 50-basis point hike, further supporting the common currency, as it appears that the fight against inflation still has some way to go .BOJ Governor Ueda, during today’s Asian session, hinted that the bank would maintain its ultra loose monetary policy, as the bank anticipated CPI to be noticeably reduced by the middle of this fiscal year, thus reducing the need to abandon the decades long YCC policy. Turkish President Erdogan, may appoint Darling Simsek to join the Government as Treasury Finance Minister, according to Bloomberg , hinting a return to orthodox economic policy in Turkey, which could support the Lira should the appointment be officially confirmed by the Government on Saturday.

在昨天美国时段，5月份 ISM 制造业PMI 数据低于预期, 因此加剧了对美国经济持续恶化的担忧，从而使美元兑其他货币削弱. 此外, 我们注意到美国参议院如预期的那样投票赞成提高债务上限, 从而避免了周一可能发生的美国灾难性违约. 在海峡彼岸,昨天欧洲时段，我们注意到欧元区HICP 率初值的发布, 欧元区的通货膨胀压力似乎正在得到缓解. 但我们注意到欧洲央行政策制定者再次重申央行可能接近其最终利率, 但仍有一段路要走, 因为欧洲央行主席Lagarde 再次重申“通货膨胀太高”. 此外欧洲央行5月份会议纪要显示, 一些政策制定者赞成加息50个基点, 进一步支持欧元, 因为对应对通货膨胀似乎还有一段路要走.

日本央行行长Ueda, 在今天亚洲时段, 暗示央行将保持其超宽松货币政策, 因为央行预计消费物价指数将在本财政年度中期将显著下降, 从而减少了放弃长达数十年的YCC政策的必要性. 据彭博社报道，土耳其总统Erdogan, 宣布SIMSEK 将加入政府担任财政部长, 暗示土耳其将回归正统的经济政策，如果任命得到正式确认，可能会支撑里拉.