Home / Metal News / Copper / The Prospect of Today's Financial data: focus on China's Trade account data in the morning the start of the campaign for the new leader of the Conservative Party
The Prospect of Today's Financial data: focus on China's Trade account data in the morning the start of the campaign for the new leader of the Conservative Party
Jun 10,2019 00:20CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6 10-month news: today's focus on China's trade account data and the British Conservative Party's new leader election began today.

In the morning, it was announced that the scale of social financing in China in May (100 million yuan), the annual rate of M2 money supply in China in May (%), due to the close relationship between the amount of money supply and expenditure, the supply increased, indicating an increase in future spending. It helps to accelerate China's economic growth, and Australia, as China's largest trading partner, the improvement of China's economy helps to boost Australia's exports, which in turn accelerates Australia's economic growth. As a result, an increase in the money supply is good for the Australian dollar.

China's May Trade account-RMB denominated (100 million yuan), China's May Import Annual rate-RMB denominated (%), China's May Export Annual rate-RMB denominated (%), China's May Trade account-RMB denominated (100 million yuan), China's May Import Annual rate-RMB denominated (%), The trade account reflects an important indicator of a country's export competitiveness and the strength of domestic demand.

China's foreign exchange reserves (US $100 million) in May, due to the close relationship between money supply and expenditure, an increase in supply, indicating an increase in future spending, will help accelerate China's economic growth, while Australia, China's largest trading partner, The improvement in China's economy has helped boost Australian exports, which in turn has accelerated Australian economic growth. As a result, an increase in the money supply is good for the Australian dollar.

In the evening, the vacancy of JOLTs in April in the United States was announced (10,000).

 

Today's important financial data are shown in the table below:

 

 

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

SMM reviews
exclusive reports
headlines
morning news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn