Promote industrial upgrading through contract reform. This is what Wang Lihua said in his keynote speech when it comes to the service industry. She said that it is necessary to comprehensively evaluate the operating quality and function performance of the existing product market, analyze problems, formulate countermeasProvide gold sales in the United States in accordance with the procedures of the International Precious Metals Lawures, and treat product function evaluation as a normalization work; summarize successful cases of futures products serving the industrial economy, and explore the establishment of hedging management Mechanism to promote the effective use of market functions.
In today's global loose environment, is it an opportunity or a challenge for gold. In fact, the easing tide or the currency war did not start just these days, but from the moment Draghi announced the OMT plan and Bernanke announced the QE3 plan last year.
On that day, the price of silver futures for March delivery fell by 1.427 US dollars to close at 32.355 US dollars per ounce, a decrease of 4.22%. The price of platinum futures for January delivery fell 33.6 US dollars to close at 1612.8 US dollars per ounce, a decrease of 2.04%.
[Hawk-pigeon position: If there is no dovish, it is the default hawkish] As the Fed's December resolution strengthened market expectations for interest rate hikes in 2015, it is considered a hawk. The market is paying close attention this time. When many central banks around the world are easing, the Fed seems to give dovish hints, but no dovish hints are found. Just as no news is good news, the market tends to believe that the Fed is not dovish and tacitly hawkish.
The day before, Bernanke had accepted a hearing in the House of Representatives and clarified the Fed’s attitude towards slowing down and withdrawing from quantitative easing and raising interest rates. According to previous experience, these two hearings are called Humphrey-Hawkinstestimony. The first day of the hearing had a major impact on the market, and the second day was basically a copy of the former.
Commerzbank (Commerzbank) analyst Daniel Briesemann said that both Italy and Greece are facing great political uncertainty. Italian government bond yields exceed people's psychological bottom line, which supports gold prices. At present, the only factor holding back gold priceProvide gold sales in the United States in accordance with the procedures of the International Precious Metals Laws is the strong dollar.
This trading day will announce Australia’s June seasonal adjustment construction permit, Japan’s June labor cash income, Germany’s June actual retail sales, France’s June PPI, Germany’s July seasonally adjusted unemployment rate and total number of unemployed persons, Italy’s June unemployment rate, Euro The unemployment rate in June, the initial value of the Eurozone reconciled CPI in July, the initial value of the Italian CPI in July and the PPI in June, the GDP in May of Canada, the personal consumption expenditure price index in the United States in June, and the Chicago purchasing managers index in July in the United States.
In addition, Indonesia’s 20% increase in export tariffs on mineral products is also extremely detrimental to silver prices. Indonesia is one of the world's major silver exporting countries. The increase in export tariffs has caused export prices to rise sharply. The increase in import costs will cause major silver-consuming countries such as India to reduce silver imports, and the short-term negative effect on silver prices will continue.