February 2016 cable raw materials (copper) monthly report

1.
Data released by data compiler Markit showed that the preliminary composite PMI of the eurozone fell to a 13-month low of 52.
7
in February from 53.
6 in January.
The Reuters poll's expectation fell to 53.
3
.

2.
The latest data released by the US Department of Commerce (DOC) shows that the revised value of US GDP in the fourth quarter increased by 1.
0% annualized and quarterly, expected to increase by 0.
4%, and the previous value increased by 0.
7%.

3.
Data released by financial data company Markit showed that the preliminary value of the US manufacturing purchasing managers' index (PMI) in February was 51.
0, the final value in January was 52.
4, and analysts expected 52.
3
.
50 is the watershed of expansion and shrinkage
.

4.
China's January CPI annual rate rose 1.
8% year-on-year to achieve four consecutive increases, while PPI annual rate fell 5.
3% year-on-year, better than expected decline of 5.
4% and previous value fell 5.
9%, but the overall performance is still unsatisfactory, indicating that China's industrial deflation is still in a state of contraction, and China's stock market closed down after the release of the data, indicating that the current market mentality is still unstable
.

5.
The latest release of China's manufacturing PMI in February both weakened, of which the official February manufacturing PMI was 49.
0, below the boom and bust line for seven consecutive months, less than the expected and previous value of 49.
4, and hit the lowest level since November 2011, while Caixin's February manufacturing PMI was 48.
0, also less than the expected and previous value of 48.
4, below the boom and bust line
for 12 consecutive months.