Shanghai Huatong Platinum Investment Agency 85+3,

Xiamen's decline at the beginning of yesterday's European trading came from panic selling of Eurozone bonds again. Italian yields returned to % levels on Tuesday and Spanish yields rose to .%. This shows that the European Central Bank's heavy buying of Italian bonds last week has not had the effect of calming market sentiment. Subsequently, the interest rate difference between France and Germany rose to 1 basis point, and the interest rate difference between Austria and Germany rose to 0 basis point. This situation represents a situation in which the eurozone crisis has spread to the core countries rather than to the periphery. Yields in all countries in the euro zone except Germany are showing signs of surging. At the same time, France's rating has been questioned again. Last week, Moody's Ratings Company has placed France's rating on the negative watch list. The outlook for the euro zone has been further dimmed. At the same time, the euro fell again against the US dollar by .% on Tuesday.

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