29.3 C
New York
Thursday, August 11, 2022

A lot of bad press natural rubber continued to fall

Rubber on Monday, by the many negative factors suppress the role of the Shanghai rubber futures continued to fall, and hit a recent low, the macroeconomic reasons are as follows:

Moody’s Investors Service on Friday released a report, the UK “Aaa local currency and foreign currency government bond rating lowered one level, because of the weak outlook for economic growth in the country, and the debt burden is growing. Moody British debt rating lowered from “Aaa” to “Aa1”, the rating outlook to “stable” (Stable), said that British economic growth in the next few years will continue to maintain the hysteresis, due to global economic growth is expected to slow, and The British public and private sector deleveraging process is causing the pressure of the British economy. Thus constitute bad deterrent effects of natural rubber.

The European Commission released 22 winter economic forecast report that, by the debt crisis in Europe and a number of Member States to implement fiscal austerity, the euro-zone economy in 2013 will continue to shrink. The report is expected in 2013, the 17-country euro zone economy will see a negative growth of 0.3%, the EU-27 economy will grow by 0.1%. An economic forecast report released in November last year, the European Commission is expected this year, the European Union and the euro zone economy will grow by 0.4% and 0.1%. In 2012, the EU and the euro-zone economy to shrink by 0.3% and 0.5% respectively. Thus, a bearish impact on the natural rubber.

The minutes of the Fed’s latest release yixi file, sparking controversy exit the market for ultra-loose monetary policy. Recently announced an agency survey showed that the majority of the primary dealers of U.S. Treasury bonds, the Fed is expected to slow down the pace of asset purchases will begin in early 2014, is expected in January next year to stop buying mortgage-backed securities. Thus, suppression of natural rubber fell.

HSBC (HSBC) on Monday named HSBC China Manufacturing Purchasing Managers’ Index (PMI) Preview the value of the data in early February dropped to 50.4, for the four-month low, but still the fourth month in a row in the ups and downs 50 top of the line, ending value of 52.3. Markit press release and February, new export orders sub-index to initial value fell below the line ups and downs, down from the previous month-end value of 50.5 to 49.8. Thus the basis of China’s economic expansion is still not strong enough.

By the many negative factors repression, Hujiao, the decline will continue.

Translated by Google Translator from http://market.cria.org.cn/20/13026.html

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -

Latest Articles

Popular Articles