For decades, the entire financial world has been looking after the United States. The American economy is the strongest; the stock market is the largest; the dollar is the most needed. Unfortunately, the unipolar world does not accelerate development, but slows it down. The interesting thing is that the pandemic helped to trigger the mechanism of its destruction. China will surely overtake the US, European stocks and bonds will outdo their American counterparts, and the share of greenback in gold and currency reserves, international settlements and conversion operations will decrease. All this makes the long-term outlook for EUR/USD “bullish”.To get more news about WikiFX, you can visit wikifx news official website.
According to USB, China's economy will grow by 2.5% in 2020. Taking into account the sinking of the American GDP this year and the slower recovery in 2021-2022, China will be able to overtake the United States in the second half of the 20s. This is a very good news for the export-oriented eurozone. Of course, Washington doesn't like this and is organizing a commercial battle, shutting the Chinese consulate in Houston, in addition to the breakup of diplomatic relations, but the process cannot be stopped!
The American economy now resembles a steroid-pumped athlete. All this strong data on retail sales and other indicators against the backdrop of the labor market disaster is a direct result of fiscal and monetary stimulus, which is much greater than that in other developed countries. But there is a fierce debate over the new aid package between Republicans and Democrats, and when the bunch of money from the Fed starts looking for places to apply, the US dollar feels extremely bad.
The S&P 500 stocks have a P/E ratio at their highest level since the dot-com crisis. The bubble burst lately, and who can guarantee that this wont happen again？ US Treasury yields are hovering near record lows, and the market is clearly overbought. But once rates rise, the Fed will face financial repression. For a long time, investors had no alternatives, but after the EU approved the Franco-German proposal, they appeared.
The project is not in vain called a milestone in European history and is compared with the proposal of the American Treasury Secretary Alexander Hamilton, who proposed the idea of buying state debts at the end of the 18th century. European Commission bonds are an obligation of the EU itself, and not of its members. The bonds can be acquired by the ECB, which practically eliminates the risk of default. The market has received a reliable asset competitive with Treasuries. In addition, it received a very attractive asset in the form of bonds of the peripheral countries of the euro zone, which is competitive with the debt obligations of developing countries. These countries have reduced their loan costs by 5,510 bps since the beginning of 2019, which makes their bonds less attractive.
   
The coronavirus pandemic sent the euro-area economy into the deepest recession on record in the second quarter, taking output back to levels not seen since early 2005.To get more news about WikiFX, you can visit wikifx news official website.
Product certification is to prove that the company's products meet the requirements of a specific standard, and a third-party accreditation body verifies that a product or service meets a specific standard or other technical specifications.
Product certification is to prove that the company's products meet the requirements of a specific standard, and a third-party accreditation body verifies that a product or service meets a specific standard or other technical specifications.
Quality first, customer first" is Rifeng Cable's product quality and performance policy, insisting on fully satisfying users' performance requirements for products under the premise of ensuring stable quality. In terms of standardized production management, the company has successively passed ISO9001:2008 quality system certification and ISO14001:2004 environmental management system certification. In terms of product quality performance testing, the company has established a fully functional testing center equipped with a variety of testing equipment, with a relatively complete range of mechanical properties, electrical properties, aging performance, high and low temperature performance, physical and chemical properties, electromagnetic compatibility, combustion performance, etc. Testing instruments and measuring instruments. In addition, the company's self-developed simulation experiment equipment for construction ladder cables is the industry's leading test equipment, and has obtained an invention patent with the patent number ZL201210158101.2.
Fans have been waiting too long for the upcoming expansion of World of Warcraft, Shadowlands, which was originally scheduled for reveal Livestream in early June was delayed after the murder of George Floyd.To get more news about Buy WoW Shadowlands Gold, you can visit lootwowgold news official website. But at present, Blizzard has confirmed that fans can watch the Shadowlands Livestream on July 8, through Twitch and YouTube at 11 am, until then, the executive producer John Hight and game director Ion Hazzikostas would talk about the future development throughout World of Warcraft, who will answer questions from the audience. During the reveal event of Shadowlands, fans can get a release date and details of the new adventure. All races can play as Death Knights, interacting with dead characters and get to contribute to the story. With Shadowlands, it must introduce something new, including the newest set of Darkmoon Decks, a trinket to collect and turn into the Darkmoon Faire. There are four Darkmoon Decks to add with different usable effect, tank, caster DPS, agility/strength DPS and healers, players can gain them through Inscription Profession or completing decks. Apart from that, it also brings five new zones, a refined leveling system, as well as the roguelike-inspired Tower of the Damned, making it very different from the existing expansion, Battle for Azeroth. Due to the coronavirus, people are deliberately maintaining social distance, and Blizzard's development team has also been working from home, so there is speculation that World of Warcraft Shadowlands livestream will be delayed to a certain date, but Blizzard still insists on letting players get Shadowlands before the end of 2020. In order to make your adventure more comfortable, you don't have to complete all the quests in person, especially the simple ones.
Blizzard has officially launched the merger plan for World of Warcraft servers, soon the low-population realms will be merged with the hottest ones during the next two to three months during scheduled maintenance until it works well.To get more news about Buy WoW Gold Classic, you can visit lootwowgold news official website. World of Warcraft is one of the best PC games, and over the years, countless players have joined it and accumulated a lot of gaming experience, so this is also easy to understand that the integration of servers provides players with more opportunities, because with a large population, you can choose the ones to fight side by side among more people.Blizzard will issue a notification before each integration to let every player know, then during the maintenance period, all affected servers will be automatically merged, until the players log into the game next time, they will find that they are already in a larger realm. World of Warcraft: Shadowlands is already in preparation, and it is set to arrive before the end of 2020, before that, Blizzard will complete the integration of all servers. Blizzard maintains uninterrupted updates to World of Warcraft, allowing players to experience new content. It is expected that how it will work after the server integration, and once we have further news, we will share it with you immediately.
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