Wang Liang: European Data Is Weak And Interest Rate Hike Is Expected To Be Delayed.

< p > this week apart from the us a href= "http:// www.sjfzxm.com/news/index_c.asp" > economic data < /a > strong accident, the euro area economic data also showed weakness, the bad data pushed up the European bond market, the German bond yield continued the recent downward trend, the ten year treasury bond yield fell 1% for the first time in history, and the Spanish and Italy bonds which were seriously damaged in the European debt crisis were also highly sought after, and the yields both fell to the historical status.

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Last week, the number of initial jobless claims (P) increased by 21 thousand to six weeks. The number of unemployed people exceeded expectations. The first application exceeded expectations, disrupting the trend of the previous week's decline to < a href= "http:// www.sjfzxm.com/news/index_c.asp" > financial crisis < /a > low.

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< p > > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > the Federal Reserve < /a > Yellen, one of the most important indicators of employment market, the number of JOLTS vacancies has reached a new high since February 2001 in June.

It reflects the expansion of the US job market and the speculation that the Fed will raise interest rates sooner than market expectations.

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According to the European Central Bank's monthly report, the European Central Bank lowered the 2014 euro area inflation rate to 0.7% in the second quarter, but maintained the GDP growth expectations in the euro area unchanged at P.

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The ECB's P reaffirmed last week's president Delagi's policy statement, saying that the exceptionally prominent geopolitical risks threatened the eurozone growth prospects and were prepared to take further action if necessary.

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< p > the French Statistical Bureau reported that the two quarter GDP grew less than zero, which was lower than the expected growth rate of 0.1% in the previous market. After the unexpected economic stagnation in the two quarter, France announced the abandonment of its deficit target in 2014, which means that France and the EU have the risk of outburst on the issue of fiscal tightening and face the continuing threat of deflation.

Like rescuing peripheral sovereign debt, the European Central Bank will be forced to implement quantitative easing to save the real economy.

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