[on May 26 (Wednesday) the key data and financial events focus on]
1) 09:30 the bank of Japan suzuki company held a press conference and the review committee members with respect to its view of central bank stimulus effects increase speech
(2) in its New Zealand announced the fed's interest rate decision and monetary policy statement
(3) 16:00 Switzerland may credit suisse/CFA economic expectations index
22:30 (4) the United States energy information administration (EIA) on May 21, issued by the week of crude oil inventory data
(5) the next day 03:00 fed governor kua, is economic outlook address
[gold] in
Spot gold held steady at above 1895, on Tuesday (May 26) spot gold rose nearly 1%, of record since January 8, the dollar against the major currencies on Tuesday for nearly two months of decline, once its lowest since January 7, the yield on the 10-year Treasury note fell by 2.69%, fell to a two-week low, gold is the bond yields fell in response to the United States, because of the extreme dovish inflation soaring and the fed policy, real yields fell sharply, gold traders now are faced with the problem, is nominal yield can be in a long time despite soaring inflation, we think the nominal rate of return over the next few weeks are likely to chase after go up, this is a risk factor of the price in the short term, the dollar index and yield of attractiveness of the market downturn will be a boost to gold, Tuesday's U.S. consumer confidence index fell for the first time this year in May, although consumer confidence fell back, but still wandering in the outbreak period highs, as the economy slowly recovered to the level before the onset of the outbreak, rising prices and rising unemployment could dampen consumer confidence to further improve, the new home sales fell in April, the weak data further drag on the fall in the dollar, making gold price gains, on the other hand, the market to raise interest rates expected in advance again, fed vice chairman, larry to mention will probably shrink over the next several session of bond buying to discuss, this limits the gold price rise of the whole,
From a technical analysis: line level, golden sun line, date line current in the short run, above the terminal line of 5 and 10 average daily line upward run, middle line upward run, upward run MACD, KDJ up running, index is bullish, gold crossed the 1890 mark for the hit the 1900 mark, short-term dropped to 1900 above, beware of high risk, not suitable for high chase, date line overall upward pattern has not changed, the bull trend continues, the gold price shock upside, previous long wash dish is very obvious, high gold rush of 1890 defeat on Wednesday, overnight collapse in 1862 stemmed; Comex gold higher Friday 1890 plunged again retreat, but also stopped decline in 1870, present the shocks upward trend, prophase key or point of 1875 has broken a stabilizing, in theory, cycle rally has been opened again, 1890 as a key turning point in the afternoon a new round of long-short, under the shock is still in the probability is bigger, but if the breakthrough in stabilizing the price above, will open a new band long, above the reference target price is in 1920-1940 a line! Above all, today's operational Mao Shuqing suggest lower back is given priority to, more rebound is complementary, high above the initial focus on a line resistance, 1908-1913, followed by 1920 resistance, attention below 1880-1875 a line of support!
[crude]
Crude oil futures have been rising for the third straight day, but Iran's production increases make the momentum is restricted, the prospect of west Texas intermediate futures on Tuesday in the rise and fall of about $1 a barrel range, closed slightly higher, as the us summer driving season kicked off this month, the rebound in demand forecasts and signs of an improvement in liquidity in Europe that oil prices get support; At the same time, the nuclear agreement talks between Iran and other countries to continue in Vienna, may pave the way for elimination of U.S. sanctions against the country crude exports, as investors weigh the potential supply increase and expected demand rising, markets may remain volatile, diplomats can only talk with optimism, but there are still some significant obstacles to overcome, indirect talks between the United States and Iran to resume this week in Vienna, and the international atomic energy agency (IAEA) in Tehran agreed to extend the supervision on Iran's nuclear facilities agreement after negotiation recovery, analysts said, if a deal and to lift sanctions against Iran, Iran could provide about 100-2 million barrels a day of extra oil supply, prices will be in a state of wait-and-see, until the resumption of Iran's nuclear deal completed the fifth round of negotiations, the energy trader needs to know how many Iranian oil will enter the market,
From a technical analysis: the week ended May 21 API refined oil inventories fell 5.137 million barrels, gasoline inventories fell 1.986 million barrels, the week API API product stocks fell sharply than expected, receive support for crude oil, crude oil, the line shock upside, bull trend, from a high of $67.95 after the callback, continues to run, in the form of a slow rise of crude oil from the disk, the early stage of the oil prices 66.5 67.0 a line is blocked many times not to break the strong resistance range, is also the end of April, 2019 by the end of that year the resistance of the interval, the interval is not so easy to break, resistance of oil has three times this month blocked a slump in line resistance callback, 66.66 U.S. crude oil futures prices continued to rise and break through the $65.80 a barrel on Monday, oil prices in bullish channel again Tuesday's close, the push oil prices to return to the main bullish trend, oil prices are expected to rise further, and aiming at the next major bullish target at $66.80 a barrel, the higher target at $67.95 a barrel, the need to focus on is the breakthrough of resistance near 66.8 above the situation, such as can break, then will further open the space of crude oil rose, above all, today's operating Mao Shuqing Suggestions on callback to do more than give priority to, rebound short is complementary, attention above 66.8 67.3 line resistance, below 64.3 63.8 first-line support, focus on increase short term bearish mood if lost it,
