April 2016 cable raw materials (aluminum) monthly report

1.
The latest data shows that the national manufacturing PMI fell to 50.
1 in April, lower than the market expectation of 50.
3
.
In terms of scale, large enterprises are still in the expansion range, medium-sized enterprises are at the critical point, and small enterprises have fallen sharply, below
the boom and bust point.
New orders fell slightly to 51.
0, new export orders fell back to 50.
1, and domestic and foreign demand fell back although they were still on the boom and bust line, indicating a slowdown
in demand expansion.

2.
US real GDP in the first quarter increased by 0.
5% quarter-on-quarter by 0.
5% quarter-on-quarter, lower than the expected 0.
7%, the third consecutive year of lower-than-expected reading
.
Durable goods orders in March were also significantly lower than expected
.

3.
The Federal Reserve announced that it would not raise interest rates
in April.
However, in the face of dismal economic data, the Bank of Japan unexpectedly left monetary policy unchanged, and the yen rose by about 2%
in response.

4.
Eurozone preliminary manufacturing PMI for April 51.
5, expected 51.
9, previous value 51.
6
.
Eurozone services PMI flash reading for April was 53.
2 vs 53.
3 expected and 53.
1
prior.
Eurozone preliminary composite PMI for April was 53 vs 53.
3 expected and 53.
1
prior.

5.
ECB President Mario Draghi said everything is being done to reshape inflation
.
It is hoped that German Chancellor Angela Merkel "will continue to fight for Europe.
"
In addition to savings accounts, Germany has many more options
.
ECB policy is working, and patience
is needed.