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| + | </ul>The Spanish debt worries rising, the dollar, such as currency by hedge emotional support.But this week's resolution if the Canadian economic evaluation are optimistic, Canadian dollar will be propped up. | ||
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| + | == maillotsdefootumagasin.com the other main data is in a == | ||
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| + | Moderator:This program we should first concern the United States April non-farm payrolls report performance ,at 8:30 Beijing time ,this already was first released ,the actual data values we observed in the United States in April the unemployment rate is decreased by 0,air jordan.<br>1 percentage points ,reported in 8.1% line ,and the employment population growth in 115000, before the market expected an increase of 73000 people, obtain employment population growth than expected .<br>Hong Yu ,hollister france,this data has been released this week ,is important, and this month data show the unemployment rate continued to decline ,but the population of obtain employment growth is not expected ,how to understand the data .<br>Hong Yu : the data is the United States April employment is increased by 115000 ,the unemployment rate is at 8.2% last month were developed on the basis of 0.1 percentage points down ,it was reported in 8.<br>1% ,the data in the overall performance and the last month is March data performance is very consistent ,employment growth was less than expected ,but the unemployment rate still appeared to drop posture, so that the current American employment market data from this performance, I do not think bad of a performance, with the unemployment rate continued to decline .<br>Should say overall foreign exchange market performance is relatively stable ,although the data before and after the release of before and after the twenty or thirty round of concussion,, but at least from the current performance as the whole market volatility is not very big ,we should first pay attention to data from the performance,mercurial vapor, such as a data will directly affect the whole market of the future monetary the policy anticipated ,but the unemployment rate is in constant decline, because the Federal Reserve Committee in speech process, including Federal Reserve meeting on interest rates after the statement ,repeatedly stressed that the unemployment rate ,if unemployment is not unexpected deterioration ,unemployment rate rises is changes, beauty the Fed is not easily implement QE3 policy ,so we can see that the unemployment rate is in drop ceaselessly in the process, should say this data does not improve or enhance the market for short-term executive QE3 Fed policy expectation ,so I think the data for the effects of view, should be a neutral bias ,so we should further to pay close attention to the market later in the process, to make some response ,because from 3 Monthly report ,employment growth was less than expected ,but the unemployment rate continues to decline ,we see from data published after March ,the dollar is still in an overall concussion ,April data continue to show that, without removal of the short term ,the market trend is still will be in shock pattern .<br>The data also have been published ,the market performance is relatively stable ,not everyone is worried about great fluctuation change ,how to look at the data .King pine :not very big change ,but also in the short term upper and lower amplitude bounce back and forth more, so to see ,one is his unemployment fell ,and the unemployment rate is in continuously low, in this process ,we can think the United States economy is started in the recovery ,there is the process of recovery ,but the employment population increase over the long term, the most recent year, overall up-and-up ,abercrombie and ftich,but the inside of the change is particularly large ,often occur in the process of employment population increase suddenly extremely reduced ,suggesting that in the United States of America economic recovery the contradiction is relatively large, and I think that also reflects the combination of the overall market fundamentals, also has the very basic information paradox ,which results in the market performance,hollister france, from this year since January, especially in the last 2 ,3 months ,medium-term shocks many ,but from short-term trend ,is also the last 1 ,2 week is concussion too much .<br>Hong Yu: later please to pine on overall market trends characteristics, including our operation strategy of specific programmes discuss in detail ,we pay attention to the market performance ,we see the non-farm data released has been almost 5 minutes to 6 minutes ,the foreign exchange market main non-beautiful currency against the dollar it is quite smooth ,also basically in 20 points about concussion of the process, but there is a price change should arouse our attention, the current overall change ,from the Dow index of performance, data is released ,there has been a rapid upward rise ,published data before it hit Japan low ,low of 13144 points ,but now we see that the overall trend ,the stock index futures appeared rapidly upward to a rebound ,13193, by the Dow in the data published after there has been a rapid rebound upwards, including our attention to again under the overall trend ,the dollar ,yen in data is released ,also appeared a slight rise in the market, is now reported in 80.<br>23 that the overall trend to look, market sentiment is appeared certain to stabilize ,At least this data to give the market the effect did not make the market risk aversion sentiment rising sign ,this fact, I think we should be divided into two aspects ,the first is the general mood of the market better hedge operations would be reduced ,including the Japanese yen for dollars such hedging currency demand short term fall ,may promote the non-beautiful currency against the dollar rose a performance, but the market will eventually because of such a data area judgement or to anticipate future Fed monetary policy adjustment ,because now the Fed years of monetary policy is expected to dollar effect is the most direct ,so said the data market will how to digest ,we will later connect the front analyst .<br>Xin Hello ,non-farm data see, we see performance data as with March data are very similar ,,employment growth was less than expected ,but the unemployment rate is still 0.1 percentage point decline ,how to interpret this data ?Xu Yaxin: first of all from this data is released we see $ ,first is the occurrence of a rapid diving trend, begins again rebound ,we see it in whole or in US dollars or subjected to strong a selling of repression, the reason is because we only see the April non-farm employment data ,we now know that the April non-farm employment data overall situation with March like this report ,the results were not expected ,but the unemployment rate in a continuous decline ,March is down to 8.<br>2% ,this time was decreased to 8.1% ,the unemployment rate of decline, in fact I have been with Hong Yu in discussing the non-agricultural employment report, have been mentioned ,such a point of view, because this is an election year in the United States ,so in theory, then we go on unemployment data ,it still has a little ,it theoretically to participate in market labor continue to decline, the denominator constant changes ,it is constantly decreasing ,we is the most critical is the data ,is the increase of employment population situation Previously ,when I remember in March, Deutsche Bank has such a report ,the report the fact until today ,we find that the United States of America is still not out of the 2010 and 2011 ,the shadow is that you can go to find the data in 2010 and 2011 ,the United States non-farm employment report in the two a year March May to June April inside into this several months, basically number is a quick dive into the 2012 ,abercrombie france,we saw the March data is not good, then we look at the data in April as if is not good ,actually this kind of momentum is the continuation of the former two momentum ,if it is correction of the data perspective, there is a relatively good news to the dollar ,the March data is now revised upwards of March ,grow 120000 ,it is fixed to 150000 people ,but the fact of the 150000 people than economists and market generally think the growth of 200000 people still have certain disparity ,we see today is 115000 people ,in fact the expected 170000 people ,the gap is relatively Is relatively large ,so now we can see the overall market situation is ,the last performance of the market with this time the market there is a very big difference ,just hung Yu has mentioned above, on an American payroll employment report was suddenly a reversal of the trend, because in February when it comes to rise in March ,the sudden appearance of a diving ,freely when the market is the most obvious manifestation of risk aversion sharply up ,so when the yen against the major currencies have soared ,but in today which everybody can see ,because the market is actually have a certain psychological preparation ,is ready for this once a blame farming is probably still continues the last month is not good, so now we are on the disk can see the dollar yen did not appear a large diving trend ,of course, the dollar yen is maintained in the trend of shock ,so from having the overall point of view, we can turn to focused on one point ,from the statement ,why did Bernanke have to to market suggests that QE3 door not closed ,from what we see today , non-farm employment report in April data I think has been a certain degree of conscripts ,,also known as the American labor market a revival of the road is not smooth ,now the market is most concerned about if the whole market of the future fed more quantitative easing is expected if the sharp rise of the QE3 ,then it is possible to shortly after the dollar the situation brings a very big downward pressure .<br>Hong Yu: actually, we in the connection process we see non-beautiful currency trend is still slightly divided ,abercrombie france,a weak currency is still relatively weak ,strong currency is relatively strong .<br>Xu Yaxin: first of all, to affect the market is the market not as before one side ,the United States ,the future no more some performance measures ,at present is to the United States from many including consumer confidence ,including retail sales ,including manufacturing data ,it is brought to the market a greater confidence ,this point in fact from where we can see it from the road ,the United States stock constantly in innovation ,this point can actually see it, because if a country is an economy did not appear especially American economy did not appear more obvious improvement and recovery, the Dow Jones to what the United States there has recently been a rising trend ,although the United States Dow higher, should have the more of a special era background ,burberry soldes,because no matter from which angle ,will find the United States of America stock market in the future there will be a bigger upside risk ,if the United States continued economic recovery ,it is obvious that the United States ,the stock market will be higher, but on the other hand, if the United States of America and the United States real estate market has no way The shadow out of the doldrums ,markets may the future will expect the Federal Reserve may send more hard copy the behavior ,and the stock market will bring a support ,so from the current market situation, as long as the market does not offer similar such as the European debt crisis problem greatly deteriorated ,or offer the United States finally .<br>There may be a debt default ,mercurial vapor pas cher,this very big risk event, probably the market confidence and will not be significantly decreased ,that is to say the market sentiment is not easy to get very big pressure, under this kind of background ,there is a good chance that we will consider is such as hedging currency ,including the dollar ,including the Japanese yen ,including ,the next period of time is likely to be the selling pressure ,that is to say money inside, the future may not be subject to capital flow ,but relative to said comparison of high-yielding currencies even high-risk currency investment varieties ,the future may be favored by the market ,after all if from the overall ever face, throwing away the American labor market and real estate market, the other main data is in a recovery state .<br>Related articles: | ||
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</ul>The Spanish debt worries rising, the dollar, such as currency by hedge emotional support.But this week's resolution if the Canadian economic evaluation are optimistic, Canadian dollar will be propped up. | </ul>The Spanish debt worries rising, the dollar, such as currency by hedge emotional support.But this week's resolution if the Canadian economic evaluation are optimistic, Canadian dollar will be propped up. | ||
Revision as of 15:46, 27 November 2012
Several historians and anthropologists agree that the history of christmas trees begins in post-primeval instances, just as agricultural societies had been developing across the globe. Christmas did not exist. It was basically, in one particular culture or an additional, a pagan celebration of the winter solstice. The winter solstice marks the shortest day of the year which typically occurs on the 22nd or 23rd of December. The boughs of evergreen trees were brought indoors to guard inhabitants from the evil spirits that could trigger starvation and illness.
Ancient peoples also scattered evergreen boughs more than their floors, doors and around the windows. In truth, the tradition of hanging an evergreen garland comes from the tradition of hanging evergreens over the mantelpiece to preserve witches, ghosts and spirits from traveling down the chimney and into the house.
Evergreen boughs had been also employed to hold away illness. Scents such as pine, juniper and balsam are still utilised by aromatherapists nowadays to fend off illness and winter depression.
Even the ancient Egyptians were believed to play a function in the background of christmas trees. Of course there had been no evergreen forests in ancient Egypt but throughout the solstice they filled their homes with palm rushes to protect themselves from evil and celebrate the return of their Sun God Ra.
European and Mediterranean cultures also have episodes in the lengthy saga that is portion of the background of christmas trees. On the solstice, recognized as Saturnalia, the Romans decorated their residences with evergreen boughs. This honored the God Saturn whose domain was agriculture. Additional north, the Celtic Druids utilized evergreens on the darkest day of the year to symbolize eternal life. These trees were not decorated as we know them nowadays. They had been not considerably much more decorative than the well-known Charlie brown christmas tree. This is since the function of these evergreen boughs was much more protective than celebratory.
By the 12th century indoor trees had been brought inside. Nobody is confident why but originally Christmas trees have been hung upside-down from ceilings at Christmastime. This was a common custom in Central Europe. The upside down tree was noticed as both as a symbol of Christianity and a pagan symbol. At that point Christianity was not wide spread and the tree may possibly have been a nod to each pagan and Christian traditions.
It is widely believed that the history of the Christmas tree as we know it began in Germany in the sixteenth century. Even so few men and women realize that the tree was not brought inside and that in truth, the first decorated christmas tree was a pyramid made of wood. These German indoor pyramids had been decorated with boughs and candles. Usually jars of pickles have been set on the measures. The pyramid shape was not a direct inspiration from ancient Egypt but rather, the triangular shape was thought to represent the three points of the Holy Trinity - the Father, Son and Holy Spirit.
The particular person credited with adding lighted candles to a actual tree is Martin Luther - a German Protestant reformer who lived in the mid 1600s. The legend is that he was inspired to do so by the sight of stars in the night sky peeking by means of the limbs of an evergreen even though he was on a stroll.
The next massive development in the background of christmas trees was tinsel. Tinsel was invented in Germany around 1610. At that time, tinsel was made of real silver and it tarnished easily thanks to the smoke from the christmas tree candles. Silver was employed for tinsel appropriate up to the mid-20th century when it was replaced by aluminum.
The history of christmas trees was non-existent in America till about the 1840s. They have been sometimes displayed as curios in traveling sideshows. The christmas tree decorating ritual was deemed sacrilegious for most of the 17th and 18th century. It was observed as a mockery of the sober celebration of the birth of Christ. In truth in 1659, men and women had been fined for hanging decorations. This law continued until the 19th century when the tradition was brought a lot more into prevalent practice by German and Irish immigrants to the United States. The practice was also produced much more acceptable when Queen Victoria decided to make a right side up floor-to-ceiling xmas tree part of her dcor in 1846.
One particular distinction among European customs and American customs seemed to be that Europeans had been far more inclined to decorate their trees with food, cookies and candies (and even pickles!) whereas Americans have been much more into glitzy decorations. Also the European christmas trees tended to be shorter (three to 4 feet in height) even though the Americans favored their trees to be sky-high. Each cultures even so enjoyed decorating their trees with garlands of popcorns and electric lights.
In the 1950s America saw the advent of the very first artificial christmas trees. This event was celebrated by Charles M. Schulz famous fable about the Charlie brown Christmas tree. In this fable Charlie Brown is told by Linus, Lucy and Shroeder to go out and find the most significant flashiest aluminum tree to use as a decoration for their Christmas play. Instead Brown falls in adore with the most pathetic tree ever and finds the accurate which means of Christmas. You can get a replica of this variety of tree which is often called the "pathetic charlie brown christmas tree" on the internet. Correct to the original cartoon, the tree boasts just 1 red Christmas ball ornament on a single bare limb.
The argument about which is much better - a fake christmas tree or a true christmas tree nevertheless rages on nowadays. The most recent improvement in the history of Christmas trees is the return of the upside down christmas tree, which is disapproved by the church just as it was in the sixteenth century. If background keeps repeating itself the subsequent trend we will see in xmas trees is the ancient wooden pyramids that served as artificial trees in pagan times. Many historians and anthropologists agree that the background of christmas trees begins in post-primeval instances, just as agricultural societies were establishing across the globe. Christmas did not exist. It was basically, in a single culture or another, a pagan celebration of the winter solstice. The winter solstice marks the shortest day of the year which generally happens on the 22nd or 23rd of December. The boughs of evergreen trees had been brought indoors to safeguard inhabitants from the evil spirits that could lead to starvation and illness.
Ancient peoples also scattered evergreen boughs more than their floors, doors and close to the windows. In truth, the tradition of hanging an evergreen garland comes from the tradition of hanging evergreens more than the mantelpiece to preserve witches, ghosts and spirits from traveling down the chimney and into the residence.
Evergreen boughs have been also utilised to preserve away illness. Scents such as pine, juniper and balsam are nonetheless employed by aromatherapists nowadays to fend off illness and winter depression.
Even the ancient Egyptians had been believed to play a function in the history of christmas trees. Of program there were no evergreen forests in ancient Egypt but during the solstice they filled their properties with palm rushes to protect themselves from evil and celebrate the return of their Sun God Ra.
European and Mediterranean cultures also have episodes in the extended saga that is element of the history of christmas trees. On the solstice, identified as Saturnalia, the Romans decorated their homes with evergreen boughs. This honored the God Saturn whose domain was agriculture. Further north, the Celtic Druids employed evergreens on the darkest day of the year to symbolize eternal life. These trees had been not decorated as we know them today. They have been not considerably much more decorative than the popular Charlie brown christmas tree. This is simply because the function of these evergreen boughs was much more protective than celebratory.
By the 12th century indoor trees have been brought inside. Nobody is sure why but originally Christmas trees had been hung upside-down from ceilings at Christmastime. This was a well-liked custom in Central Europe. The upside down tree was observed as each as a symbol of Christianity and a pagan symbol. At that point Christianity was not wide spread and the tree may have been a nod to both pagan and Christian traditions.
It is widely believed that the background of the Christmas tree as we know it began in Germany in the sixteenth century. Even so couple of individuals understand that the tree was not brought inside and that in truth, the very first decorated christmas tree was a pyramid created of wood. These German indoor pyramids were decorated with boughs and candles. Typically jars of pickles were set on the methods. The pyramid shape was not a direct inspiration from ancient Egypt but rather, the triangular shape was thought to represent the three points of the Holy Trinity - the Father, Son and Holy Spirit.
The individual credited with adding lighted candles to a actual tree is Martin Luther - a German Protestant reformer who lived in the mid 1600s. The legend is that he was inspired to do so by the sight of stars in the evening sky peeking via the limbs of an evergreen although he was on a stroll.
The next large development in the history of christmas trees was tinsel. Tinsel was invented in Germany close to 1610. At that time, tinsel was made of actual silver and it tarnished easily thanks to the smoke from the christmas tree candles. Silver was used for tinsel appropriate up to the mid-20th century when it was replaced by aluminum.
The history of christmas trees was non-existent in America till about the 1840s. They had been at times displayed as curios in traveling sideshows. The christmas tree decorating ritual was regarded as sacrilegious for most of the 17th and 18th century. It was observed as a mockery of the sober celebration of the birth of Christ. In reality in 1659, individuals have been fined for hanging decorations. This law continued until the 19th century when the tradition was brought far more into common practice by German and Irish immigrants to the United States. The practice was also made much more acceptable when Queen Victoria decided to make a proper side up floor-to-ceiling xmas tree element of her dcor in 1846.
1 difference in between European customs and American customs seemed to be that Europeans have been much more inclined to decorate their trees with food, cookies and candies (and even pickles!) whereas Americans were a lot more into glitzy decorations. Also the European christmas trees tended to be shorter (three to 4 feet in height) although the Americans preferred their trees to be sky-high. Both cultures nevertheless enjoyed decorating their trees with garlands of popcorns and electric lights.
In the 1950s America saw the advent of the first artificial christmas trees. This occasion was celebrated by Charles M. Schulz popular fable about the Charlie brown Christmas tree. In this fable Charlie Brown is told by Linus, Lucy and Shroeder to go out and locate the most significant flashiest aluminum tree to use as a decoration for their Christmas play. Rather Brown falls in enjoy with the most pathetic tree ever and finds the correct which means of Christmas. You can get a replica of this kind of tree which is frequently referred to as the "pathetic charlie brown christmas tree" on-line. Accurate to the original cartoon, the tree boasts just one red Christmas ball ornament on a single bare limb.
The argument about which is better - a fake christmas tree or a real christmas tree nonetheless rages on nowadays. The most latest improvement in the background of Christmas trees is the return of the upside down christmas tree, which is disapproved by the church just as it was in the sixteenth century. If history keeps repeating itself the subsequent trend we will see in xmas trees is the ancient wooden pyramids that served as artificial trees in pagan times.
maillotsdefootumagasin.com Asia Pacific economic slowdown
The debt crisis and prospects,, Brent crude oil after the city below Tuesday's 99/ barrels, taking the Asia-Pacific time increase,.As of 18:57 Beijing time, July Brent crude oil futures fell 63 cents to 98.
22 U,.S. dollars / barrel,mercurial vapor, Monday prices once refresh 16 month low of $95.63 a barrel.The United States of America reported 83,air jordan.80 U.S. dollars / barrel of crude oil futures.Holland Royal shell Chief Executive Officer (CEO) Peter Voser said: "Europe into recession, Asia Pacific economic slowdown, weak global demand.
At the same time, because parts of geopolitical factors in the past few months gradually digested by the market, so the price goes low gradually.The lower price trend is expected to continue until the second half of the year,hollister.
"Days later will have the G7 (G7) conference, from the United States, Canada, Japan,, Britain, Germany, France and Italy finance ministers and bankers on debt issues, zone debt crisis struck the whole world alarm.
Global economic prospects and potential impact of deterioration, the world demand for oil, covered by Iran in western countries and the tense relationship to boost effect,hollister france.Brent was the Iran crude oil spiked to 128 U.
S. dollars / barrel.The International Atomic Energy Agency (IAEA) said Monday, the U,hollister france.N,abercrombie france. nuclear watchdog agency on Friday and Iran for a new round of negotiations,air jordan pas cher, aimed at restoring entered the Tehran nuclear research project to reach a consensus,, the investigation had been delayed.
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maillotsdefootumagasin.com Zou Chenjie
Xinhua net dispatch (Zou Chenjie) in May 22nd 08 Fitch Ratings on Tuesday will be Japan's sovereign rating lowered to A+, and maintain the negative outlooks.Fitch also cut its rating on AA and long-term foreign currency issuer default rating AA-.
Benefit known down-regulation of Japanese rating on American, European stock markets lower, giving rise, gold and fell,burberry soldes.Most foreign bodies estimated this Fitch on Japan's sovereign rating downward, the yen may not constitute a permanent damage; Japanese government bonds also had no noticeable effect; CDS recently may also expand,hollister france.
Fitch: Japan to control the bad financial shape for the degradation cause of Japan Fitch Ratings is currently the three major Rating firm in the lowest,air jordan.Fitch believes that Japan, difficult to control its bad financial situation, the Japanese financial restructuring plan is slow, the Japanese government debt at the end of 2012 to reach 239% of GDP,.
Fitch said in a statement, downgrade and negative rating outlook reflected in public debt ratio is high and rising circumstances, Japan's sovereign credit level facing increasing risks.Fitch also said, if the Japanese government can not effectively solve the financial problem, its rating may be lowered further,.
But the company says, Japanese government bonds market in the near future will not be a big crisis,air jordan pas cher.Fitch said,mercurial vapor, Japanese sovereignty financing conditions for the occurrence of large oscillations,hollister france, such as bond yields continued and increased substantially to their ratings of negative,, but Fitch does not think this is likely to happen.
Morgan Chase: degradation is unlikely to shake the Japanese government bonds to J.P. Morgan in Tokyo's chief bond strategist Takafumi Yamawaki said, Japan's downgrade of Japanese government bonds in the market may have limited effect.
He said, if Moodie and the S & P also have reduced the Japanese rating,abercrombie and ftich, will have some impact on the Japanese government bonds; but he thinks, the near future won't happen,abercrombie france.Yamawaki thinks, Fitch downgraded Japanese rating news does not affect significantly the Thursday 20 years period in Japanese government bonds auction, but the yield is low, investors demand may be weak,hollister.
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maillotsdefootumagasin.com the other main data is in a
Moderator:This program we should first concern the United States April non-farm payrolls report performance ,at 8:30 Beijing time ,this already was first released ,the actual data values we observed in the United States in April the unemployment rate is decreased by 0,air jordan.
1 percentage points ,reported in 8.1% line ,and the employment population growth in 115000, before the market expected an increase of 73000 people, obtain employment population growth than expected .
Hong Yu ,hollister france,this data has been released this week ,is important, and this month data show the unemployment rate continued to decline ,but the population of obtain employment growth is not expected ,how to understand the data .
Hong Yu : the data is the United States April employment is increased by 115000 ,the unemployment rate is at 8.2% last month were developed on the basis of 0.1 percentage points down ,it was reported in 8.
1% ,the data in the overall performance and the last month is March data performance is very consistent ,employment growth was less than expected ,but the unemployment rate still appeared to drop posture, so that the current American employment market data from this performance, I do not think bad of a performance, with the unemployment rate continued to decline .
Should say overall foreign exchange market performance is relatively stable ,although the data before and after the release of before and after the twenty or thirty round of concussion,, but at least from the current performance as the whole market volatility is not very big ,we should first pay attention to data from the performance,mercurial vapor, such as a data will directly affect the whole market of the future monetary the policy anticipated ,but the unemployment rate is in constant decline, because the Federal Reserve Committee in speech process, including Federal Reserve meeting on interest rates after the statement ,repeatedly stressed that the unemployment rate ,if unemployment is not unexpected deterioration ,unemployment rate rises is changes, beauty the Fed is not easily implement QE3 policy ,so we can see that the unemployment rate is in drop ceaselessly in the process, should say this data does not improve or enhance the market for short-term executive QE3 Fed policy expectation ,so I think the data for the effects of view, should be a neutral bias ,so we should further to pay close attention to the market later in the process, to make some response ,because from 3 Monthly report ,employment growth was less than expected ,but the unemployment rate continues to decline ,we see from data published after March ,the dollar is still in an overall concussion ,April data continue to show that, without removal of the short term ,the market trend is still will be in shock pattern .
The data also have been published ,the market performance is relatively stable ,not everyone is worried about great fluctuation change ,how to look at the data .King pine :not very big change ,but also in the short term upper and lower amplitude bounce back and forth more, so to see ,one is his unemployment fell ,and the unemployment rate is in continuously low, in this process ,we can think the United States economy is started in the recovery ,there is the process of recovery ,but the employment population increase over the long term, the most recent year, overall up-and-up ,abercrombie and ftich,but the inside of the change is particularly large ,often occur in the process of employment population increase suddenly extremely reduced ,suggesting that in the United States of America economic recovery the contradiction is relatively large, and I think that also reflects the combination of the overall market fundamentals, also has the very basic information paradox ,which results in the market performance,hollister france, from this year since January, especially in the last 2 ,3 months ,medium-term shocks many ,but from short-term trend ,is also the last 1 ,2 week is concussion too much .
Hong Yu: later please to pine on overall market trends characteristics, including our operation strategy of specific programmes discuss in detail ,we pay attention to the market performance ,we see the non-farm data released has been almost 5 minutes to 6 minutes ,the foreign exchange market main non-beautiful currency against the dollar it is quite smooth ,also basically in 20 points about concussion of the process, but there is a price change should arouse our attention, the current overall change ,from the Dow index of performance, data is released ,there has been a rapid upward rise ,published data before it hit Japan low ,low of 13144 points ,but now we see that the overall trend ,the stock index futures appeared rapidly upward to a rebound ,13193, by the Dow in the data published after there has been a rapid rebound upwards, including our attention to again under the overall trend ,the dollar ,yen in data is released ,also appeared a slight rise in the market, is now reported in 80.
23 that the overall trend to look, market sentiment is appeared certain to stabilize ,At least this data to give the market the effect did not make the market risk aversion sentiment rising sign ,this fact, I think we should be divided into two aspects ,the first is the general mood of the market better hedge operations would be reduced ,including the Japanese yen for dollars such hedging currency demand short term fall ,may promote the non-beautiful currency against the dollar rose a performance, but the market will eventually because of such a data area judgement or to anticipate future Fed monetary policy adjustment ,because now the Fed years of monetary policy is expected to dollar effect is the most direct ,so said the data market will how to digest ,we will later connect the front analyst .
Xin Hello ,non-farm data see, we see performance data as with March data are very similar ,,employment growth was less than expected ,but the unemployment rate is still 0.1 percentage point decline ,how to interpret this data ?Xu Yaxin: first of all from this data is released we see $ ,first is the occurrence of a rapid diving trend, begins again rebound ,we see it in whole or in US dollars or subjected to strong a selling of repression, the reason is because we only see the April non-farm employment data ,we now know that the April non-farm employment data overall situation with March like this report ,the results were not expected ,but the unemployment rate in a continuous decline ,March is down to 8.
2% ,this time was decreased to 8.1% ,the unemployment rate of decline, in fact I have been with Hong Yu in discussing the non-agricultural employment report, have been mentioned ,such a point of view, because this is an election year in the United States ,so in theory, then we go on unemployment data ,it still has a little ,it theoretically to participate in market labor continue to decline, the denominator constant changes ,it is constantly decreasing ,we is the most critical is the data ,is the increase of employment population situation Previously ,when I remember in March, Deutsche Bank has such a report ,the report the fact until today ,we find that the United States of America is still not out of the 2010 and 2011 ,the shadow is that you can go to find the data in 2010 and 2011 ,the United States non-farm employment report in the two a year March May to June April inside into this several months, basically number is a quick dive into the 2012 ,abercrombie france,we saw the March data is not good, then we look at the data in April as if is not good ,actually this kind of momentum is the continuation of the former two momentum ,if it is correction of the data perspective, there is a relatively good news to the dollar ,the March data is now revised upwards of March ,grow 120000 ,it is fixed to 150000 people ,but the fact of the 150000 people than economists and market generally think the growth of 200000 people still have certain disparity ,we see today is 115000 people ,in fact the expected 170000 people ,the gap is relatively Is relatively large ,so now we can see the overall market situation is ,the last performance of the market with this time the market there is a very big difference ,just hung Yu has mentioned above, on an American payroll employment report was suddenly a reversal of the trend, because in February when it comes to rise in March ,the sudden appearance of a diving ,freely when the market is the most obvious manifestation of risk aversion sharply up ,so when the yen against the major currencies have soared ,but in today which everybody can see ,because the market is actually have a certain psychological preparation ,is ready for this once a blame farming is probably still continues the last month is not good, so now we are on the disk can see the dollar yen did not appear a large diving trend ,of course, the dollar yen is maintained in the trend of shock ,so from having the overall point of view, we can turn to focused on one point ,from the statement ,why did Bernanke have to to market suggests that QE3 door not closed ,from what we see today , non-farm employment report in April data I think has been a certain degree of conscripts ,,also known as the American labor market a revival of the road is not smooth ,now the market is most concerned about if the whole market of the future fed more quantitative easing is expected if the sharp rise of the QE3 ,then it is possible to shortly after the dollar the situation brings a very big downward pressure .
Hong Yu: actually, we in the connection process we see non-beautiful currency trend is still slightly divided ,abercrombie france,a weak currency is still relatively weak ,strong currency is relatively strong .
Xu Yaxin: first of all, to affect the market is the market not as before one side ,the United States ,the future no more some performance measures ,at present is to the United States from many including consumer confidence ,including retail sales ,including manufacturing data ,it is brought to the market a greater confidence ,this point in fact from where we can see it from the road ,the United States stock constantly in innovation ,this point can actually see it, because if a country is an economy did not appear especially American economy did not appear more obvious improvement and recovery, the Dow Jones to what the United States there has recently been a rising trend ,although the United States Dow higher, should have the more of a special era background ,burberry soldes,because no matter from which angle ,will find the United States of America stock market in the future there will be a bigger upside risk ,if the United States continued economic recovery ,it is obvious that the United States ,the stock market will be higher, but on the other hand, if the United States of America and the United States real estate market has no way The shadow out of the doldrums ,markets may the future will expect the Federal Reserve may send more hard copy the behavior ,and the stock market will bring a support ,so from the current market situation, as long as the market does not offer similar such as the European debt crisis problem greatly deteriorated ,or offer the United States finally .
There may be a debt default ,mercurial vapor pas cher,this very big risk event, probably the market confidence and will not be significantly decreased ,that is to say the market sentiment is not easy to get very big pressure, under this kind of background ,there is a good chance that we will consider is such as hedging currency ,including the dollar ,including the Japanese yen ,including ,the next period of time is likely to be the selling pressure ,that is to say money inside, the future may not be subject to capital flow ,but relative to said comparison of high-yielding currencies even high-risk currency investment varieties ,the future may be favored by the market ,after all if from the overall ever face, throwing away the American labor market and real estate market, the other main data is in a recovery state .
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