Shenzhen Jinliyin Precious Metals Co., Ltd.

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In addition, the US monthly BD consumer confidence index., expected, initial value. The data performance also fell short of expectations.
Better-than-expected data showed that the U.S. monthly non-manufacturing index., expected., previous value. The analysis pointed out that this data showed that the monthly service industry activity in the United States accelerated growth better than expected. The employment index edged up to .% from .%, as the data is released ahead of important non-farm payrolls data. An index above % indicates expansion in activity.
The euro hit . against the dollar, and the European Union raised its economic growth forecast for the euro zone. The euro rose against the U.S. dollar, mainly because the European Union raised its economic growth forecast for the euro zone, and the market showed optimism about the future euro zone economy. At the same time, economic data released by the United States were mixed, and expectations of weak U.S. non-farm payrolls on Friday also put pressure on the dollar and boosted the euro.
During the day, the European Union raised its forecast for the Eurozone’s D growth rate from .% to .% for 2020. The European Union raised its annual forecast for the euro area from .% to .%, with an annual increase of .%. The EU also expects annual consumer prices in the euro area to rise by .%, and lowers its annual unemployment rate forecast in the euro area from .% to .%, with the annual forecast expected to be .%.
Regarding the future economic direction of the Eurozone, the EU pointed out that the risk of direct deflation has dropped significantly, the actions of the European Central Bank have stabilized inflation expectations, and debt levels are still very high. The euro exchange rate has depreciated significantly, the economic outlook has improved significantly, and economic growth will accelerate before the end of the year. In terms of data released by the Eurozone during the day, the monthly rate of the Eurozone was .%, which was expected to be .%, and the previous value was .%. The monthly rate of the Eurozone was .%, which was expected to be .%, and the previous value was .%.
Regarding this data, market analysts believe that although the monthly rate in the Eurozone was slightly lower than expected, it still recorded growth for the second consecutive month, which indicates that it may not take too long for prices to rise in the Eurozone. This will give some comfort to the European Central Bank, which is taking unprecedented measures to prevent the euro zone from falling into deflation, because the monthly growth is a manifestation of the ECB's Q measures taking effect.