Qingdao International Nonferrous Metal Market Investment QQ:,:, in order to better serve the real economy and meet the needs of the spot market, after research and decision on the trading market, asphalt, aluminum, and nickel varieties will be launched online. And combined with the current non-ferrous metal spot trading, customers can freely choose transactions after applying for activation. Qingdao International Nonferrous Metals Market has launched a strong investment promotion online, with free membership units, high-quality agents and powerful investment customers in various regions across the country. Please consult QQ for details:,
First of all, the monthly industrial output rate of the Eurozone is .%, which exceeds The market expected performance of .% and the previous value of .%, combined with the economic data released in Europe in recent days, there is no doubt that the economy is strengthening. But this strength is being weighed down by the pound's fall.
Secondly, the German Economy Ministry stated that Germany’s economic growth remains weak and second-quarter growth will lag behind the strong first-quarter performance. ECB Executive Member Cole believes that the ECB is committed to playing its role in the Greek issue and hopes to take more measures to promote Greece's financial stability.
Thirdly, Morgan Stanley believes that the recent decline has obviously frightened the new British Prime Minister Theresa May, and a series of speeches and additional measures taken since then have helped the pound stabilize and rebound.
Judging from the above, the fall of the euro/investment spot precious metals has successfully attracted market focus, but there seems to be very little attention on the euro's plunge, which is somewhat unexpected. However, it is certain that investing in spot precious metals did not benefit from the fall of the euro.
BRIC’s view is that:. The exchange rate of Euro/investment spot precious metals will continue to decline, leaving room for decline. Even a rebound will not help. . The trend of the pound will also weakly retest the support formed by the previous plunge, which is a second dip, but the price is also in the process of stabilizing.
The direction and position of the future market fluctuations of each variety
According to the technical trend analysis of the investment spot precious metal index, the recent rebound breakthrough point has very strong practical significance. The big positive line cooperates with the upward shape of the technical indicators, showing a medium-term upward trend and Unchanged. The day-to-day thinking maintains a long-term upward judgment on dips. The day-to-day resistance is near . point and the support is near . point.
According to the analysis of the technical trend of Euro/investment spot precious metals, the exchange rate has fallen back to the position of .00, and has already returned to the position near the middle and month of this year. From this, we can clearly see the downward trend of breaking through the triangle after the triangle consolidation. The green column of the technical indicator M has lengthened, and the fast and slow lines have bottomed out quickly and are heading downwards. During the day, the idea is to go short on highs. The rebound resistance is near the . point, and the downward support is near the . point.
Shanghai Huatong Platinum Silver China Bank Agent