The yields of treasury bonds in core countries such as Italy and Spain continued to rise, causing investors to worry about the debt crisis in Europe. Italian 10-year Treasury yields once again exceeded the tipping point of 7%, and fears spread again. Investors Continue to seek the US dollar as a hedge against risk targets.
Analysts said that the recent AUD/USD fell below the 20-day moving average of 1.0358, the exchange rate may further fall below the 1.0050 level and point to 0.9910, which is the 61.8% Fibonacci retracement of the 0.9388 to 1.0753 rally. Resistance is located at 1.0209.
Analysts also said that if the Australian dollar/dollar continues to decline during this period, the support is located at 1.075 and 1.0040; in the upward direction, the resistance lies at 1.0220, 1.0270 and 1.0310.
Sea Freight to Southeast Asia
Currently we mainly focus on handling the shipment from the ports of Shantou/ Shenzhen/ Guangzhou/ Xiamen/ Shanghai/ Ningbo/ Chongqing to the other ports abroad. As below, you can find the appropriate services that you need.
Â· Import/ Export shipping services
Â· Local Logistics
Â· Warehousing Arrangements and Customs Clearance
Â· Packing and Transport Insurance
Â· Air Freight
Â· Sea Freight
Â· Door to Door Service
Â· LCL Consolidation
Â· Transport , Inland Haulage
Â· Packing , Crating & Packing Materials
Â· Customs Clearing & Cross Trade
Â· Project Cargo
Major service areas: Shantou/ Chenghai /Chaoyang /Chaozhou/Jieyang
Major product scope: Ceramics/Sanitaryware/Toys/Hardware/Clothing/Mechanics/Food/Stainless steel, etc.
If your clients have the purchase orders from the above areas, we are your best choice.
Let's achieve a win-win outcome.
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