Japan And Euro GDP Contrast Big Euro Short Rally

< p > yesterday, Japan's GDP contrasted sharply with the GDP of the euro area. Japan's first quarter GDP grew strongly, and the euro area's first quarter GDP figures were not as good as expected.

In the first quarter of this year, Japan's real gross domestic product (GDP) increased by 1.5% over the previous quarter, an annual growth rate of 5.9%, expanding for the sixth consecutive quarter of the Japanese economy.

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In the first quarter of the year, the GDP quarter growth rate of P was 0.2%, with only half of the estimated value of 0.4%. This is also quite different from the state of the economic confidence index previously announced by Dafu, which disappointed market investors.

The eurozone's sluggish economic growth has also prompted the European Central Bank's previous optimism about the prospects for economic recovery, which the European Central Bank has considered the euro zone's economic growth will continue to rise after that and bring inflation back up.

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Of the 13 euro zone countries that released the first quarter of GDP on Thursday, P recorded negative growth in six countries, while GDP in one country was unchanged from the previous quarter, while only six countries recorded positive growth in GDP.

Although Germany's economic growth of 0.8% and Spain's growth rate of 0.4% is commendable, France's GDP continues to grow at zero, while Italy's 0.1% negative growth is even more worrying than Holland's unexpectedly large recession of 1.4%.

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Less than P data showed that the manufacturing output in the euro area increased by 3.7% in the first quarter of last year, and the sluggish GDP data will also force the European Central Bank to take greater action after that.

If the economic growth is not good enough to be confined to France and Italy, the ECB may be able to attribute the blame to the poor domestic economic reforms of the two countries. The overall overcapacity in the euro area is even more prominent, which will further suppress inflation prospects and highlight the need for more easing policies.

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< p > the latest survey shows that most market investors still believe that the overall inflation rate in the euro area will remain low for quite some time in the future and will only rise to 1.5% by 2016.

The recent decline in the yield of euro zone bond market has also highlighted the expectations of investors in the ECB meeting in June at the a href= "//www.sjfzxm.com/news/index_c.asp" > easing policy "/a" measures, and the low GDP data made this expectation further strengthened.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Euro > /a > further pressure. Europe and the United States yesterday tested the lowest support of 1.3650 near 1.3642, and the US economist's data were also unsatisfactory. The rebound in Europe and the United States stood at 1.3700 above. Short term support was seen in 1.3645, and further support was seen in 1.3560 resistance in 1.3780,1.3850 < /p >

Less than 7 weeks ago, the number of jobless claims in the United States dropped to its lowest level in nearly 7 years, as the labor market in the country continued to show a continuous improvement.

According to data released on Thursday by the US labor department (DOL), the number of initial jobless claims decreased by 24 thousand to 297 thousand in the US in the week of May 15th, the lowest since May 2007, and 320 thousand people were expected to be revised. The former value was revised to 321 thousand and the initial value was 319 thousand.

The US Department of labor (DOL) released data on Thursday showed that the US consumer price index rose 0.3% in April, the largest increase since June last year, with an expected growth of 0.3% and a 0.2% increase in the previous value.

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< p > data also show that the us a href= "//www.sjfzxm.com/news/index_c.asp" > CPI < /a > increased by 2% in April, the largest increase since July last year, with an expected growth of 2% and a 1.5% increase in the previous value.

The US industrial output unexpectedly fell in April, the biggest decline since August 2012, indicating that industrial production in the United States has not yet completely come out of the bad weather at the beginning of the year.

According to the data released by the Federal Reserve on Thursday, the US industrial output rate fell 0.6% in April, and is expected to be flat. In March, it revised up 0.9% and the initial value increased 0.7%.

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