Hujiao form upside breakout, and rose sharply, the reason mainly:
Global foreign exchange market sentiment tense, which stems from Japan’s ultra-loose monetary policy and yen devaluation policy, Japan’s ultra-loose monetary policy and global currency war after the United States, Europe and loose monetary policy to resonate, and then follow the trend of other emerging market countries, The risk will be greatly increased, thus promoting the soaring Japanese rubber.
Financial the cliff short-term will hinder the recovery of the U.S. economy, but it is difficult to deal a heavy blow to the financial cliff really less negative impact on GDP for the United States, even if the government project cut a smaller impact on GDP, because government spending has less impact on the U.S. economy, the same increased The tax effect is also small. Whatever the outcome of the negotiations, the U.S. government is still able to take unconventional means to alleviate the impact of the financial cliff, the impact of fiscal austerity will be gradual, not Zhuiya.Fiscal cliff weak bearish on natural rubber.
Expected contemplated the central government in 2013 to a deficit of 1.2 trillion yuan, than the arrangements scale of 800 billion yuan in 2012 increased by 400 billion yuan, an increase of 50%. Thus our deficit rate (budget deficit share of GDP) will rise from 1.5% in 2012 to 2.1% to 2.2%.The budget deficit will be used to expand investment and expand consumption, and natural rubber constitutes bullish.
Supply and demand side, Thailand producing areas will suffer from the excessive rainfall the domestic full stop cutting, tires, automobile production and sales to grow steadily, which led to the price of natural rubber is easy to go up rather than down.
Translated by Google Translator from http://market.cria.org.cn/20/12133.html
