There has been no progress in recent trade negotiations between the UK and the EU
In the presence of the House of Commons meeting, the Deputy Secretary of the Cabinet Office of the United Kingdom, Modangte, said that there was no progress in recent trade negotiations with the EU. The two sides still have differences in principle in fisheries and market competition regulations and standards. He emphasizes that need to speed up negotiations and reached a consensus. He also believes that Prime Minister Johnson will not ask for an extension of the transition period of the “Brexit” trade talks, because only by giving the business community a clear future can it help the British economy recover. In the near future, the market hopes that the British and European parties will accelerate the progress of negotiations and drive the performance of the British pound. However, because the differences in trade between the two sides are still large, and the outcome of the talks is still variable, it should not be overly optimistic for the time being.
The U.S. CPI rose by only 0.1% in May, the lowest since 2015
In May, the US consumer price index (CPI) rose by only 0.1% year-on-year, which was lower than the market expectation of 0.3%, a new low since September 2015, and the previous value rose by 0.3%. During the period, the core CPI excluding food and energy increased by 1.2% year-on-year, which was lower than the market expectation of 1.3%. The data reflects the Fed’s expansion of its balance sheet, which has not yet affected inflation. However, the market generally predicts that with the gradual resumption of production in the United States, the slow recovery of gasoline and aviation services, coupled with a sharp rebound in oil prices, will help to gradually lift inflation.
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。