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The Prospect of Today's Financial and Economic data: focus on OPEC+ production reduction Video Conference and China Foreign Reserve data
Apr 6,2020 00:03CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4, June 6: today's focus on OPEC+ plans to discuss new cooperation at the meeting, which will be held via video link.

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

The steady rise in the Sentix investor confidence index in the euro area in April shows that more and more investors are bullish on the euro zone economic development prospects and positive for the euro. If the data decline means that investors are pessimistic about the euro zone economic development prospects, bearish the euro.

Important financial data for today:

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