MHMarkets：The European Central Bank discusses raising interest rates by 50 basis points, Ukraine and Russia will reach an agreement to end the blockade of grain exports

Fundamental：

The final value of the CPI in the euro zone in June recorded an annual rate of 8.6%, which is expected to be 8.60% and the previous value of 8.6%. The European Central Bank on Thursday may consider doubling the 25-basis-point rate hike it planned last month, according to people familiar with the matter. The move would mark a sharp departure from the ECB's guidance that most members of the ECB's Governing Council have adhered to since its June 9 policy meeting, and would bring the ECB more in line with demands for massive rate hikes around the world.

Ukraine and Russia are close to a deal to ensure millions of tonnes of grain pass safely through the Black Sea, but remain at odds over how to ensure the safety of ports and ships on the key export route, according to people familiar with the matter. Russia and Ukraine have agreed to monitor ships traveling to and from ports, including Odessa, at two control centers, one in Istanbul and the other in the Black Sea, where they will be inspected.

Technical：

Dow: In terms of U.S. stocks, the three major stock indexes fluctuated throughout the day and closed sharply higher. The Dow initially closed up 2.43%, the Nasdaq closed up 3.11%, and the S&P 500 closed up 2.75%. The Dow bulls are strong, and the top is concerned about the support pressure position near 33240.

US dollar: The US dollar index weakened and fell more than 100 points during the day, and finally closed down 0.689% at 106.72; the 10-year US bond yield returned to above 3% and finally closed at 3.028%. The top of the dollar fell, and the bulls were cautious, focusing on the target position of 105 below.

Gold: On Monday, spot gold rose all the way at the opening, once broke through the 1720 mark and turned, and finally closed down 0.02% at $1709.99 per ounce; gold fluctuated at a low level, chasing shorts cautiously, and paying attention to the target position of 1745 above.

Crude oil: In terms of crude oil, the two crude oils rose. WTI crude oil opened in a shock and rose, and the European market turned down, briefly falling below the $100 mark, then quickly rebounded by $4, and finally closed up 1.5% at $103.19 per barrel; Brent crude oil closed at $103.19 per barrel. It rose 1.38% to $108.31 a barrel. Crude oil fluctuated, and the top was concerned about the target position near 103.

(The above analysis only represents the analyst's point of view, the foreign exchange market is risky, and investment should be cautious)