FPG: With the help of the strong dollar, the market is waiting for non-agricultural employment. Latest market news: 1. [The Bank of England and the European Central Bank assisted the decline of gold] Both the Bank of England and the European Central Bank raised interest rates by 50 basis points on Thursday. The market once again interpreted the decision of the European Central Bank and the Bank of England. The U.S. dollar index rebounded and closed up 0.56% to 101.74. Comments: Due to the strength of the U.S. dollar, the spot gold impact plummeted by nearly $40 after the failure in 1960, completely erasing all the gains after the announcement of the Federal Reserve’s interest rate resolution. At present, the market is waiting for non-agricultural reports in the United States. 2. [Below $60/barrel, Western tankers increase Russian oil transportation] According to market news and Eikon data, Western tankers increased shipments of Russian crude oil in January, because the price of Moscow flagship Ural crude oil is lower than the international price ceiling of $60 per barrel. The current FOB price is $49.50 per barrel. The Russian Ministry of Energy and the Ministry of Transport declined to comment. Comment: Russia has previously said that it will not export oil to countries with price caps. But the current price makes middlemen happy. 3. [Progress of the situation in Russia and Ukraine] According to the Uyong News Agency, Israeli Prime Minister Netanyahu said in an interview with CNN that he was considering whether to provide Ukraine with an “iron dome” defense system and other matters. He also said that the United States has shipped a large amount of ammunition stored in Israel to Ukraine. Comments: Israel and Russia have always been closely linked. In Gaza, Crimea and other conflicts, both sides have also turned a blind eye, and there has been strong cooperation in the Syrian war. I believe that Israel is not a fool. Ukraine is gaining the upper hand. 4. [The new version of the 5 Australian dollar banknote will not adopt the image of a British monarch] The Bank of Australia said that King Charles III of England will not appear on the country’s latest $5 bill, but will be replaced by a relief of the indigenous culture of the country. After Eliza White II died in September 2022, Australia began to consider whether to declare a republic. Comment: Britain used to be very “strong”. It was the largest maritime power at that time, the second was the largest colonial, and the third was the first to complete the Industrial Revolution. 5. [Lavrov accused the United States of directly participating in the “North Stream” natural gas pipeline explosion] In addition, according to the Russian Satellite News Agency, Lavrov said in an interview that U.S. Deputy Secretary of State Newland applauded for the “North Creek” pipeline explosion. Fortunately, she pleaded guilty publicly. Her words showed that the United States was directly involved in the “horror”. Attack.” However, Reuters also indicated that Lavrov did not provide evidence for his claim. Comments: Neither the United States nor Russia wants to tear their faces, but both sides are infinitely testing each other’s bottom line. 6. [Trump on the 2024 Republican presidential nomination] It is reported that when asked whether he would support the “anyone” who won the Republican nomination, Trump told conservative radio host Hugh Hewitt, “It depends on the situation. The answer is the same as when I participated in the presidential primary debate in 2016. He added, “It will depend on who the nominee is.” Comment: Trump’s statement shows that if Trump does not win the nomination, he will run as a third-party candidate, which will attract a large number of Republican primary voters loyal to Trump. 7. [The United States is preparing to provide long-range rockets to Ukraine for the first time] Two U.S. government officials who do not want to be named told Reuters that of the new batch of aid to Ukraine, $1.125 billion will come from the “Ukrainian Security Assistance Initiative”, which means that the armaments assisted will be ordered from U.S. military enterprises. Instead of redeploying from the existing stocks of the U.S. military. The ordered ammunition will include “Land-fired Small Diameter Bomb (GLSDB)” for the first time. This long-range rocket has a maximum range of 150 kilometers and is suitable for the U.S. “Hemas” and M270 rocket launchers assisting Ukraine. Ukraine hopes to be used to crack down Russian arsenals in Crimea and other places and cut off Russian supply lines. Comments: The war situation of the Russo-Uzbekish War has changed beyond imagination. At present, Russia is becoming passive. Nanshi, a special analyst at FPG, believes that: As the U.S. dollar rebounded and some investors locked in profits, the price of gold fell sharply. At present, the market focus is on the non-agricultural employment report. At present, the market is expected to increase by 187,000. According to the forecasts of 22 large investment banks, most investment banks believe that the growth rate of non-agricultural growth fell further in January. If the data shows that the growth rate of non-agricultural growth in January really declined as expected by investment banks, gold is expected to be supported. Dawson, a special analyst at FPG, believes that: The outlook for inflation and interest rates in the UK is still uncertain, and it is too early to conclude that the Bank of England will soon stop raising interest rates. After the Bank of England raised interest rates by 50 basis points to 4.0%, I think it’s a little too early to say that this is the beginning of the end of the interest rate hike. Inflation is “stubbornly high” and the Bank of England is keen to emphasize that the work is far from complete. Perhaps the Bank of England is willing to let a slight but long-term recession occur to curb inflation. Therefore, investors should be patient and diverse. Today’s pound operation recommendation 1.226 shorts can enter the market, see target 1.21. Dave, a special analyst at FPG, believes that: Crude oil: Due to OPEC’s production policy, OPEC’s daily production fell by 60,000 barrels in January to 29.1 million barrels per day. On the other hand, the Bulgarian government allows the export of petroleum products produced by Russian oil to Ukraine. The European Union will ban the import of Russian petroleum products by sea from February 5, 2023 and impose price caps. Bulgaria has won the temporary exemption from the embargo because it relies heavily on the products of the Oluk Oil Company Burgas refinery. The government of Paulia said: “From February 5, 2023, the export of petroleum products to Ukraine, as well as the export to third countries of certain types of petroleum products produced by Russian oil exempted from imports.” Today’s trading strategy of crude oil can be shorted at a high point, and the first target hit a new low yesterday. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex