May 7 Morning Four Routes
Yesterday, 2️⃣ pancake (biscuit) Kongsan (a type of financial instrument) perfectly fulfilled! Around 1830, the orange Kongsan precisely reached the second target of 1760, with nearly 70 Kongsan positions accurately captured. The current market is affected by macroeconomic factors, and this morning's prices have seen a rebound from the bottom, with key market nodes expected during the day. Please pay attention to strict risk control and watch carefully in the morning.
1️⃣ Pancake: 95600-95000 range, looking at 97500-98000 range.
2️⃣ Pancake: 1790-1770 range, looking at 1840-1880 range.
Today's key economic data and events to watch: May 7, 2025, Wednesday
① To be determined: China's April foreign exchange reserves
② 09:00: State Council Information Office holds a press conference
③ 14:45: France's March trade balance
④ 17:00: Eurozone's March retail sales month-on-month
⑤ 22:30: U.S. EIA crude oil inventories for the week ending May 2
⑥ 22:30: U.S. EIA Cushing crude oil inventories for the week ending May 2
⑦ 22:30: U.S. EIA strategic petroleum reserve inventories for the week ending May 2
⑧ Next day 02:00: Federal Reserve FOMC announces interest rate decision
⑨ Next day 02:30: Federal Reserve Chairman Powell holds a press conference