The US Treasury Secretary and the Chairman of the Federal Reserve Board believe that the US economy rebounds in the third quarter, The Governor of the Bank of England believes that the UK's economic recovery is considerable

In Daily Market Review, English
23 9 月, 2020

The US Treasury Secretary and the Chairman of the Federal Reserve Board believe that the US economy rebounds in the third quarter
On the first day of the hearing of the House Financial Services Committee, US Treasury Secretary Mnuchin and Fed Chairman Powell also spoke about the latest US economic situation. They mainly talk about how to help companies tide over difficulties during the epidemic, especially small businesses, because they are still quite vulnerable at the moment. However, both Mnuchin and Powell believe that the U.S. economy has recovered from the recession caused by the epidemic and expect the U.S. economy to rebound significantly in the third quarter. However, the economic outlook affected by the epidemic is still uncertain.

The Governor of the Bank of England believes that the UK’s economic recovery is considerable
The Bank of England said in a statement after discussing interest rates last week that it is considering how to effectively implement a negative interest rate policy when necessary in the future. However, Governor Bailey (Andrew Bailey) said yesterday that the central bank’s recent policy statement did not imply that negative interest rates would be inevitable, and market participants should not over-interpret it. The recovery of the UK economy is quite rapid and impressive. The recovery in the third quarter was slightly higher than the Bank of England’s August expectations. However, the increase in the number of new crown cases in the UK has exacerbated the downside risks in the latest forecast of the UK economy.

 

—————————————————————

Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/

場外式黃金/白銀交易的風險:
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险,未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会(「证监会」)监管,因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束,包括(但不限于)客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失,或在极端情况下(例如相关市场跳空)产生更多的损失。 因此,阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险,如有需要,请向独立财务顾问寻求意见。