Eurozone sovereign debt crisis situation has emerged in several rounds of repeated so that commodity markets with gradual tightening the nerve, and even on some related emergency response seems to be fierce. 27 May, the United States Government prior to the next year will suspend some crude oil exploration, and United States crude oil demand to rise in March, is sufficient to let the way international oil prices rebounded to a high point in two weeks.
However, the "Euro debt crisis" still is the current international commodity market impact sources that affect at least a period of time will not go away. The next few weeks, the crisis of the latest, together with the associated with the underlying surface, numerous dynamic become commodity market continues its "stress," fluctuation in the dominant factor.
International oil prices or showed up trend
United States President Barack Obama 27, in response to the Gulf of Mexico oil spill event is committed to strengthening the oil industry regulation, including in 2011 suspended audits Alaska two areas of oil prospecting drilling applications, and prepare a new deep water well drilling ban period extended for six months. The same day, the United States energy information Administration (EIA)-published data show that the United States, the demand for crude oil, are compared by 2.1% to 1907 million barrels last year, the highest since December.
Both imply that crude oil market is moving towards a "shortage" of the message, together with the summer in the Gulf Hurricane alert neighboring expected to jointly promote the New York Mercantile Exchange July delivery on the date of the price of crude oil futures rose 4.3% during the last month fell 20 percent of background, very efficiently recover a portion of the land. Some observers believe that as the global economic recovery of oil demand increases, and the summer comes on crude oil supply links may result in shock, international oil prices likely to open up a new round of upward trend.
However, the "Euro debt crisis," the good news is the strong rebound in international oil prices of major support forces. 27, is the Western media about euro bonds can lose some major central banks supported message denied, investors will again gather up confidence, previously had 25, once fell below 1200 dollars per ounce of gold futures price New York Shangjiaosuo also successfully hold this critical price level. In addition, the most active trading in New York's turn of July delivery of copper futures close prices 2.5% to $ 3.1586 per pound.
"The impact of debt crisis" in Europe is difficult to eliminate
Central China economy and Management Institute, the international petroleum monthly law advisers warn BU if Bo said, because the sovereign debt crisis in the euro area also through the EUR/USD exchange rate changes to affect commodity markets, so their impact may be somewhat amplified; whereas, in view of the current crisis properly settled also needs a period of time, this process is repeated for the possibility does exist, commodity market investors cannot easily overlooked "Euro debt crisis". Previously, hedge fund research Inc. CEO Kenneth · Hinds in accepting securities daily reporter pointed out that the euro against the dollar by 1.34: 1 quickly reduced to 1.23: 1, came as a surprise to many hedge fund manager's expectations.
In the "European debt crisis," the influence exerted on international oil prices, the same impressive international gold also experienced similar wave process. But in this process, the gold investment value as a block of gold diving's umbrella; while on the other hand, the strong global demand for gold is expected also for the international price of gold has played a supporting role. The above factors together, the "Euro debt crisis" by euro gold futures price of interference logical chain could not be fully effective, would allow people to international gold and long-term future with more hope.
World Gold Council Chief Executive Officer (CEO), Shi anlin says global economic recovery remained as Western economies remain high and rising debt burden, and the recession fears are reproduced for the US dollar and rising stock investment risk, therefore, the prospect of gold investing in a very favourable conditions. The Agency 26, published "gold demand trends report", "the first half of 2009, the global gold jewelry industry has a lot of the original inventory release, which also fundamentally support the international medium-term upward trends in gold."
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