Home / Metal News / Looking ahead to today's financial data: follow the Australian Federal Reserve's interest rate resolution and release US API inventory data in the early hours of the next morning.

Looking ahead to today's financial data: follow the Australian Federal Reserve's interest rate resolution and release US API inventory data in the early hours of the next morning.

iconApr 7, 2020 00:10
Source:SMM

SMM4, March 7: today's concern about the Australian Federal Reserve's interest rate resolution, euro zone finance ministers held an emergency meeting, the Australian Federal Reserve Chairman Lowe (Philip Lowe) delivered a speech at the Chamber of Commerce dinner.

In terms of data, the monthly rate of industrial output after the February quarterly adjustment in Germany, which is generally regarded as the main indicator of manufacturing activity, is generally considered to be the main indicator of manufacturing activity. Better data will boost the euro. The steady rise in the industrial output index indicates that the economy is on the rise and the demand for means of production will increase accordingly.

China's foreign exchange reserves in March, due to the close relationship between the amount of 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 China's 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.

In the evening, JOLTs vacancies were announced in the United States in February.

The following day announced changes in API crude oil inventories in the United States for the week ended April 3, the number of which affected the price of refined oil products that could have an impact on inflation and other economic impacts. The prices of crude oil and oil products will have an important impact on the economy of the United States, a major consumer of the product, as well as on the Canadian dollar, a major crude oil exporter.

 

Important financial data for today:

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