China trades a data not quite right implicate an international oil price to continue to fall
Posted by phonecharger on Thursday, May 31, 2012
Under the need weak environment in world, investor to Chinese economic
creation worried(MarketWatch-Virginia Harrison) because of China trade the data
isn't quite right, global economy again receives shadow.On May 10, Asian
electronics trades the crude oil forward price of time the seventh bargain day
to fall in a row.Trade time in the Asian market of the futures trading post of
New York in, the crude oil forward price womens sunglassesthat hands over to mow in June
declines 5 beautiful divide into USD 96.76 per bucket, the reduction is
0.1%.Fall in a row this time is since July, 2010 continuously time grow most of
once, the reason is the economic plight of euro area to cause energy need's
lowering, the oil price of North America market widespreadly declines.China
releases on May 10 of the trade data disappoint me and make investor to world
need under the weak environment of Chinese economy healthily produce to
worry.At the same time, according to the initial data of Chinese maritime
customs headquarters, Chinese crude oil imports the second month to fall in a
row, nevertheless because crude oil storage of demand and petroleum refine the
need of product and import quantity to be still higher than last year same
period.Because U.S. dollar revalues the ninth day in a row, the oil price bears
bigger pressure.Measure U.S. dollaroakley sunglasses cheap to exchange 6 kinds of ICEs U.S. dollar
index number reports that currency expresses to accept 80.095:00, compare
80.083 of Wednesday have ascension.Stronger U.S. dollar account the goods of
price U.S. dollar including crude oil futures to face to reduce price pressure.
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