Group 1 - The European Central Bank (ECB) is expected to maintain its key interest rates at 2%, 2.15%, and 2.4% during the upcoming July meeting, contrary to the trend of continuous easing over the past year [2] - Since June 2024, the ECB has cut rates eight times, totaling a reduction of 210 basis points, which is significantly higher than the rate cuts by the Federal Reserve and the Bank of England during the same period [2] - ECB officials have recently indicated a strong likelihood of pausing further rate cuts, with statements from various members suggesting that the threshold for additional cuts is very high [2] Group 2 - Federal Reserve Chair Jerome Powell will deliver welcoming remarks at a meeting focused on a comprehensive review of the capital framework for large banks, discussing topics such as Basel agreements and stress tests [4] - Market participants are particularly interested in Powell's comments regarding potential interest rate cuts and inflation outlook, as these could significantly impact the U.S. dollar index and precious metals [4] - The S&P Global will release preliminary PMI data for the U.S. manufacturing and services sectors, with manufacturing PMI expected to decrease slightly while services PMI is anticipated to increase marginally [6][7]
ATFX汇市前瞻:欧洲央行决议来袭,或效仿美联储暂停降息
Sou Hu Cai Jing·2025-07-21 09:52