A series of signs that the U.S. economic recovery steps is slowing down. June 1, the U.S. announced on May non-farm payrolls pretty bleak. Post the addition of 69000 and the growth rate and the lowest since May 2011. The euro zone economic data also make the situation worse. The European Union statistics bureau released the latest data shows that the eurozone jobless rate of 11% in April, the highest since the euro era record. In may the eurozone manufacturing purchasing managers' index also and the lowest since June 2009. The euro zone core countries Germany and France may manufacturing purchasing managers' index is both the lowest level in three years.
 
Recently, the news that the federal reserve could open a new round of quantitative at loose measures (QE3). Plus the shadows of the Greek exit the euro area, investors for the global economic slowdown worries intensify. This week, Australia, Canada, Britain and the European central bank will be announced by the latest interest rate decision, the market is expected to cut interest rates of the European central bank of
increasing pressure.
 
Europe and the weak economic data by the global economic slowdown signal obvious
 
The United States may non-farm payrolls after coming on stage, jpmorgan chase namely for the 2012 U.S. gross domestic product (GDP) growth expected from 2.3% down to 2.1%. The agency is expected in the second quarter the U.S. economy will grow 2.5%, the next two quarter growth of 2%.
 
Europe, rating agencies Iraq root-Jones spokesman says, the agency last Friday to the Italian ratings from BB down to B +. The rating agencies will Italy rating outlook is still as negative. The root-Jones had cut two gears will Spain rating, from the BB-fell to B.
 
In addition, last week a global manufacturing purchasing managers' index (PMI) data comprehensive fall, including Germany, Britain, Switzerland, China, France and the whole eurozone manufacturing industry, are fully into atrophy, and the global economic slowdown signal obvious.
"From May 2012, global economic recovery since the stock market innovation after high has now dropped 10%, and it was just a short break down the way." Recently, China's chief economist ZhongWei peace in a public speech, says the global stock market, there are still further down the possibility of the U.S. economic recovery of Europe debt crisis any twists and turns in any of the bad news may promote and stock market further to the downside.
 
Note that in the traditional emerging markets are the central bank euro big buyers, as they seek to fulfill foreign exchange reserves diversification, reduce the proportion of total reserves in dollars.
However, the financial times, points out that emerging market countries of the central bank in recent weeks has been selling euros to support local currency, which caused the euro dollar sharply. In may, the euro dollar rate of close to 7%, was the largest since last September the month of decline. This is because the market for Greece in the euro area increased from worries. "A year ago, the bank in help to stop the euro dollar," bank of America foreign exchange strategists Richard families kino, said, "now, foreign exchange reserves management institutions to abandon the euro, reserve growth slowing then."
 
Beijing university finance OuYangLiangYi associate professor, said the world into economic downside probability is very high, so the global economy will enter more long recession. Now finance all hope bernanke was testifying before congress, can say to release liquidity to boost confidence.
 
According to the plan, the federal reserve chairman Ben bernanke will be on June 7, the economic outlook is to testifying before congress, market experts waiting for any further to find the loose monetary policy hint.




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