Guizhou Qianshang Bulk Commodity Trading Center

Guizhou Qianshang Bulk Commodity Trading Center investment hotline, real-time market analysis, all market breakthroughs, professional investment solutions, accurate online orders, sincerely recruiting personal agents, the company represents the manufacturing and service industries, and the UK has emerged from the short-term haze

After the monthly manufacturing industry far exceeded expectations, the UK's monthly service industry also exceeded expectations. The pound rose again after hearing the news. The weak pound has brought a large amount of export business to the UK, and the outlook for the service industry has rebounded significantly. Analysts believe that this means that the UK will be able to avoid a short-term Great Recession. With the dust settled by the new government and the central bank's stimulus policy, Uncertainty has been significantly reduced.

The expansion of economic activities slowed down, and the euro area hit a new low in a month

The economic development of the euro area remains uneven. France's monthly services and composites were both better than expected, but dragged down by Germany and Italy, the euro zone's monthly services and composites both fell short of expectations. Monthly service industry final value is expected to be the previous value. The monthly comprehensive final value is expected to be the previous value.

Strong stance: EU leaders seek to establish a monitoring mechanism for excess steel production

On the first day of the summit, without waiting for reporters to ask questions, European Commission President Juncker said that he would continue to monitor excess steel production. Anti-dumping has been carried out on production capacity, and tens of thousands of people have been laid off in the European steel industry in the past few years. This is unacceptable to us. He urged China to reduce excess steel production capacity and said China should accept global supervision on this. According to the Wall Street Journal, it will endorse the creation of a global forum on steel excess capacity.

Commodities, foreign exchange, emerging markets and others

Oil prices ride a roller coaster, pound hits weekly high

Spurred by weak non-farm payrolls on Friday Affected by the data, the U.S. dollar continued to weaken today due to a sharp rebound in the operating conditions of the British service industry. The pound/dollar hit its highest point in the week. Emerging market stock markets rose sharply. The Asia-Pacific index rose the most in the week. Oil prices were on a roller coaster due to frequent actions by Saudi Arabia and Russia.

Russia is ready to join the decision to freeze production, but Saudi Arabia says it is not necessary

The Russian Energy Minister revealed that Russia and Saudi Arabia discussed a possible production freeze plan and Russia is ready to join The decision to freeze childbirth. The Saudi Oil Minister said that Saudi Arabia and Russia have signed an agreement on crude oil cooperation, and both parties have taken major measures to restore balance to the crude oil market. However, the Saudi Oil Minister said in an interview that there is no need to freeze production at present.