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    Home > Chemicals Industry > New Chemical Materials > Cable raw materials (copper) weekly report (8.1-8.5)

    Cable raw materials (copper) weekly report (8.1-8.5)

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    First, macroeconomics

    First, macroeconomics

    In China, China's official and Caixin manufacturing PMIs fell by one rise in July, the endogenous momentum of the economy is still insufficient, and floods in many places in July also weighed
    on the manufacturing industry.
    The central bank achieved a net withdrawal of 503 billion yuan this week, continuing to achieve prudent monetary policy
    .

    In the United States, Fed Dallas President Kaplan said that even if short-term economic data is occasionally positive, on the whole, the above trend will continue to slow
    global growth for a long time.
    For the Fed, there is also little room for policy manoeuvre (room to raise interest rates) and must be more cautious
    .

    In the UK, the Bank of England cut interest rates for the first time in seven years, and the benchmark interest rate was cut by 25 basis points from 0.
    5% to 0.
    25%, in line with market expectations
    .
    At the same time, the Bank of England also expanded asset purchases by 60 billion pounds to 435 billion pounds, and the market expected to remain unchanged
    at 375 billion pounds.
    US durable goods orders for June ended at -3.
    9% month-on-month, slightly better than the expected -4%.

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