Wu Peng: Greece'S EU Agreement Still Needs Negotiation

On the morning of February 5th, the European Central Bank said that the ECB's Governing Council would temporarily withdraw the immunity from the credit rating requirements of the Greek bonds. The CMC raised the minimum credit rating required by the Greek market instruments issued or guaranteed, because it is impossible to conclude that the Greek aid program will succeed, and the liquidity needs of the banking industry can be met by the Central Bank of Greece. The decision will be implemented from February 11th.

Schulz, the president of the European Parliament, said that if Greece unilaterally ended its agreement with other parties, it would no longer maintain its commitment.

The government will no longer receive aid funds and the country will no longer be able to achieve self financing.

Greek Prime Minister Tsipras said Greece can find a solution that is in line with EU regulations, but has not yet reached an agreement with the European Union.

The Greek government has a specific compromise plan, and the Greek government's proposal is feasible, Greece.

Needs to be at an affordable level.

French President Hollande: the rules of the euro zone apply to everyone, including debt, and urge French companies to invest in Greece. Now Greece is seeking long-term solutions for Greece in the EU, and Greece and France want to get more stability and economic growth in the EU.

Greece if

If the agreement is reached, the European Central Bank will restore the immunity requirements of Greek bond credit rating, and Greece will also finance smoothly. The key lies in the negotiations between Greece and Germany.

Iwata, deputy governor of the Central Bank of Japan, said that the pace or acceleration of CPI's rise in Japan may delay the process of achieving the 2% inflation target, and the goal of achieving 2% inflation in 2 years has not changed.

The people's Bank of China decided to reduce the RMB deposit reserve ratio of financial institutions by 0.5 percentage points from February 5, 2015 to 19.5%.

For small and micro enterprises, the proportion of loans to urban commercial banks and non County commercial banks to reduce the deposit reserve ratio is 0.5 percentage points, which will reduce the deposit reserve ratio of the Agricultural Development Bank of China by 4 percentage points.

This is the first time the central bank has lowered the reserve requirement ratio since 2012.

In the case of China's downside risks and capital outflows, the PBoC will further reduce the reserve requirement ratio.

In January, the number of ADP employment in the United States increased by 213 thousand, which was 253 thousand lower than the previous value and 241 thousand expected. In January, the number of ADP employment fell sharply, and the New Year holidays in the United States had a certain impact on the growth of employment.

In January, the service industry PMI57.2 in Britain was 55.8 higher than the previous value and 56.3 expected.

Britain's PMI56.7 in January was 55.2 higher than the previous estimate and 55.5 expected. The employment situation in Britain will be further improved.

Today's concern: at 17:00, the European Central Bank issued an economic bulletin, and the British Central Bank of England announced the interest rate resolution at 20:00.

15:00 German 12 monthly adjustment after the manufacturing order month rate, 21:30 U. S. first please renew the unemployment rate.