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#> ><>Sichuan Xingshu Bulk Account Opening Phone Number Manager Chen Crude oil inventories increased by 10,000 barrels that week, an increase that was lower than expected
After the data was released, oil prices rose by about .USD in the short term and then fell back. After a strong rebound, they fluctuated all the way down until they fell back to the level before the data was released.
Specific data shows that U.S. crude oil inventories increased by 10,000 barrels in the week of May, which was expected to increase by 10,000 barrels. The previous value decreased by 10,000 barrels, and the inventory increase
was lower than expected. Gasoline inventories unexpectedly decreased by 10,000 barrels, and were expected to increase by 10,000 barrels. Barrels, the previous value decreased by 10,000 barrels. Refined oil inventories surged by 10,000 barrels, the largest increase in a month. It is expected to increase by 10,000 barrels, while the previous value increased by 10,000 barrels. In addition, crude oil inventories in the Cushing region of the United States decreased by 10,000 barrels in the week ending March 1, which is expected to decrease by 10,000 barrels, and the previous value decreased by 10,000 barrels.
After the data was released, oil prices fell back from highs and then rebounded strongly. After the data was released, U.S. oil rose by about .USD per barrel in the short term, but the increase was instantly smoothed out.
Then it rebounded to .USD per barrel and then showed a volatile trend. As of Beijing time, the price of monthly crude oil futures contract fell by 0.% after the market closed, and was reported at .US$/barrel. The decline of Brent crude oil futures contract narrowed to .%, and was reported at .US$/barrel.
On Tuesday, international ratings agency Fitch said in a report that if Brexit causes the UK to lose EU market access, this may further worsen the UK's near-record current account deficit.
The global head of sovereign ratings at Fitch said that in the long term, the likely situation is that after negotiating an appropriate agreement, the UK will retain EU market access and thus retain its status as a global financial center. In this case, there may be no reason to be worried about the UK's future balance of payments.
&But another less favorable situation is that the UK loses EU market access and its global financial status will decline,” said
& direct investment may stop or reverse, and the current account deficit may It will mainly rely on foreign debt to fill it, and rising foreign debt will not be a favorable situation
&
The UK's current account deficit in the first quarter was 100 million pounds (100 million U.S. dollars), equivalent to .%, only lower than the record level of .% in the fourth quarter of last year. The full-year current account deficit was equivalent to .%, the highest level since the data began to be recorded in 2018.
The pound depreciates further
HSBC’s senior economic adviser said on Tuesday that some foreign investors invest in the UK only because the UK is a member of the EU single market
Brexit may cause the UK to lose this part of investment. If the Brexit negotiations do not progress smoothly in the later period, the risk of further depreciation of the pound will further increase.
Goldman Sachs has also stated before that the British government has not made any explanation on when Article 1 of the Lisbon Treaty (referring to the Brexit negotiations) will be triggered
If the Brexit negotiations begin, European leaders will Taking a tough negotiating stance may further erode British business confidence. Until the direction of negotiations
can be clarified and the UK can reach an agreement with the EU on trade issues, the risk for the pound will remain high in the long term.
Goldman Sachs believes that the pound against the dollar may fall to... in the next three months.
Analysts at JPMorgan Chase have also told reporters that a large amount of evidence shows that the slowdown in the British economy will continue, monetary policy may be further loosened, and the uncertainty of future Brexit negotiations may cause the pound to fall. to..
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