echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Cable raw materials (aluminum) weekly report (7.31-8.4)

    Cable raw materials (aluminum) weekly report (7.31-8.4)

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    First, macroeconomics

    First, macroeconomics

    Domestic: China's official second-quarter data continued to maintain strong momentum, with GDP growth remaining stable at 6.
    9%, exceeding external expectations
    .
    This is mainly due to the joint efforts of the troika that drives economic growth, especially the climbing
    rate of consumption growth.
    The Caixin China Index came in at 51.
    5 in July, down 0.
    1 percentage points
    from June.
    However, the Caixin China composite PMI still recovered to 51.
    9 in July, the highest in
    four months.
    From the data, the main driving force for the overall growth rate of China's economic activities comes from the continuous recovery of manufacturing production activities, and the growth rate of the service industry is weak
    .

    Internationally: The latest Fed interest rate decision remains unchanged as expected, and market speculation will soon begin the Fed's balance sheet reduction plan
    to gradually move away from large-scale economic stimulus.
    The specific date and whether to raise interest rates again also depends on the performance of the US economic data in the second half of
    the year.
    The data shows that the number of jobless claims in the United States (10,000) continues to fall below the 300,000 mark, and the good data on new housing starts indicate that the US economy is in a relatively stable stage
    .

    2.
    Analysis of this month's market trend

    Second, this month's market trend analysis

    (i) Market analysis

    (i) Market analysis

    12345Next View full article
    12345Next View full article
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.