MPC members unanimously decided to maintain interest rates at 0.1% and all monetary policies unchanged
After the Bank of England’s interest rate meeting, members of the Monetary Policy Committee (MPC) decided unanimously to maintain interest rates at 0.1% and all monetary policies unchanged, in line with market expectations. The statement after the meeting pointed out that the local economic recovery is faster and earlier than the forecast in May, and that the current policy stance is appropriate. In the future, the central bank will have other tools available, including asset purchases and forward-looking guidance. If the situation worsens, the central bank will be prepared to accelerate the pace of purchasing treasury bonds.
Chinese and American officials will hold a video conference next Saturday to discuss the first trade agreement
According to data from the US Department of Agriculture, in the first half of this year, US exports of agricultural products and related products to the mainland totaled US$7.27 billion, accounting for only 20% of the total purchase target of the first phase of the Sino-US trade agreement this year. However, because soybeans are more resistant to floods and waterproofing than sandbags, they help fight the flood in the southern basin. Therefore, in order to fill the gap, the market estimates that there is still a huge demand for soybeans in the Mainland in the second half of the year. Earlier, the Wall Street Journal cited news that Chinese and American officials will hold a video conference next Saturday (15th) to evaluate the implementation of the first trade agreement, and the market is concerned about whether the agreement between the two parties can be maintained.
—————————————————————
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/
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。