MHMarkets：According to the CME "Fed Watch", the probability of the Fed maintaining interest rates in the range of 5.25% to 5.50% in February is 97.4%.

According to the CME “Fed Watch”, the probability of the Fed maintaining interest rates in the range of 5.25% to 5.50% in February is 97.4%.

On Wednesday (January 24), according to the CME “Fed Watch”, the probability of the Fed maintaining interest rates in the range of 5.25% to 5.50% in February is 97.4%, and the probability of a 25 basis point rate cut is 2.6%. The probability of maintaining interest rates unchanged by March is 50.7%, the probability of a cumulative 25 basis point rate cut is 48.1%, and the probability of a cumulative 50 basis point rate cut is 1.2%. After the US dollar index received support at the bottom yesterday, market price surged and broke through multiple resistance levels consecutively. At the opening of Asian market today, the US dollar index fell slightly, with the current price around 103.45. After being suppressed by resistance above yesterday, the market price of gold fell but did not experience any breakthrough. At the opening of the Asian market today, the price of gold continued to decline, with the current price around 2025.99. Yesterday, the overall trend of US crude oil was consolidation, and there was no breakthrough in market prices; The EIA released crude oil data tonight, which is expected to have an impact on the crude oil market. At the opening of the Asian market, US crude oil slightly adjusted, with the current price around 74.41. The European Central Bank's banking regulatory agency stated that in many cases, the transition to a green economy has not yet been reflected in the loan books of large banks in the Eurozone. An article published by Frank Elderson, Deputy Director of the European Central Bank's Banking Regulatory Authority, on the 23rd showed that an analysis of the 95 major financial institutions in the Eurozone showed that their loan holdings “currently largely do not align with the goals of the Paris Agreement.” This will lead to an increase in transformation risk for approximately 90% of banks. In addition, about 70% of these banks may face higher legal dispute risks. EURUSD experienced a significant drop in market prices yesterday after being suppressed by resistance above, and ultimately closed near the intraday low. At the opening of the Asian market today, EURUSD continued to rise, with the current price around 1.0865. After more hawkish signs were revealed in the outlook report of the Bank of Japan and the post meeting press conference of President Kazuo Uchida on Tuesday, Morgan Stanley Mitsubishi UFJ Securities expects the Bank of Japan to end its negative interest rate policy in March. Japan's 10-year treasury bond bond yield rose 8.5 basis points to 0.72%, which was the highest level in more than a month. After the opening of the Asian market today, the market price of USDJPY has continued to decline, with the current price around 147.89.

MHMarkets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on January 24, Beijing time.