US Economic Data Continue To Go Up.

Less than P, the US's economic figures are less than expected, forcing the US dollar to bear pressure.

Retail sales in the US grew less than market expectations in May, and the growth rate slowed for two consecutive months. After three consecutive months of growth and a rebound in the economy, consumers gasp for breath.

Data released by the US Department of Commerce (DOC) on Thursday (June 12th) showed that the US retail sales in May increased by 0.3%, an increase of 0.6% and an increase of 0.5% in the previous value.

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< p > the United States raised the number of unemployed Jin people to 317 thousand last week, but it is still below the average level from 2014 to present, indicating that the labor market in the country has been improving continuously.

Data released by the US Department of labor (DOL) on Thursday (June 12th) showed that the number of jobless claims increased by 4 thousand to 317 thousand in June 7th and 310 thousand in the United States after the weekly season adjustment. The former value was revised to 313 thousand and the initial value was 312 thousand.

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The data released by the P (Eurostat) on Thursday (June 12th) showed that the industrial output in the euro area rose in April, up two times the expected rate, driven by the production of energy and non durable goods, indicating that the region's economy continued to grow.

Specific data show that the euro area industrial output rate rose 0.8% in April, the strongest performance in five months, is expected to rise 0.4%, the former value was revised down 0.4%, the initial value was down 0.3%.

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< p > industrial output increased by 1.4% per annum in April, with an expected increase of 0.9%, a correction of 0.2% before the initial value and a decrease of 0.1% in initial value.

Europe and the US are rebounded by favorable economic data in the euro area. Europe and the United States fell back to 1.3670 a near the "href=" //www.sjfzxm.com/news/index_cj.asp, and the exchange rate is less than /a.

On Wednesday, the European Central Bank's negative interest rate policy was officially implemented, which means that the market for Euro trading may be even more significant.

Against this background, the euro is difficult to maintain its attractiveness in the medium term.

Europe and the United States rebound resistance seen below 1.3610,1.3680 support in 1.3490,1.3410 < /p >

< p > this week's Japanese a href= "//www.sjfzxm.com/news/index_cj.asp" > portfolio < /a > shows that the trend of Japanese portfolio flows shows that the trend of investors buying foreign bonds is still continuing.

Last week, Japanese investors bought a total of 1 trillion and 330 billion yen in foreign bonds, and bought nearly 2 trillion and 120 billion yen in the past four weeks.

Considering that the real yield of Japanese bonds will fall to a negative value, we expect this trend to continue.

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The outflow of capital caused by the purchase of < a href= "//www.sjfzxm.com/news/index_cj.asp" > foreign debt < /a > will further lead to the weakening of the yen, which is also the factor that we expect to go higher in the US and P.

Japan's core CPI grew by 3.2% in April, which is totally different from 0.4% in the same period last year.

Excluding the impact of the increase in consumption tax in April, the central bank's preference for measuring price levels increased by 1.5% over the same period.

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Market expectations for the Bank of Japan to ease monetary policy in the short term have cooled significantly. According to a survey by the central bank observer, the industry generally expects that the central bank will not relax monetary policy by July. Only 3 of the 33 analysts interviewed believe that the central bank will take action before this time point.

Below us and Japan, support is seen in 101.10100.60 resistance at 102.15102.70 < /p >