Commodity Market Fluctuate &Nbsp, European Debt Is Still The Main Point.

Big events such as Greece's public throw and European Central Bank's unexpected interest rate cut have repeatedly hit the market.

Recently, news about the progress of European debt has become a major factor affecting the market.

In the first half of the week, Greece announced the referendum on the aid plan, which made the market worried about the prospect of the European debt crisis. The market generally believed that the Greek referendum would bring many uncertainties to Europe and the whole world, and the global commodity market was under pressure.

In the second half of the week, with the convening of the G 20 summit, under the pressure of Germany and France, Greece will give up the referendum message, and the European Central Bank unexpectedly cut interest rates, and the commodity market will gradually rise.

From the oil market, Greece announced plans to abandon the referendum.

But oil price increases are limited by the prospect of European debt.

Mario Delagi, the new president of the European Central Bank, announced 3 days to cut interest rates by 0.25 percentage points to 1.25%, warning that Europe's economy will soon fall into a mild recession.

After the G 20 summit, German Chancellor Merkel said that the G 20 leaders failed to solve a IM F problem.