currency exchange crypto Top Top stories

First, the stability of the exchange rate market. Recently, the RMB exchange rate is relatively stable, which has a positive impact on China's asset prices;Therefore, I think the market will continue to rise tomorrow and Friday, mainly for the following reasons:Last night, within the expectation of US inflation data, there was no suspense to cut interest rates by 25 basis points in December, which eased everyone's worries. It is of great significance for us to cut interest rates in the United States. At least, the operational space for us to cut interest rates is high.

Third, the Fed's interest rate cut in December was basically locked.Third, the results of the heavy meeting have not yet landed, and the bears dare not smash the plate easily.I've always told you that it's a slow bull. Whether you recognize it or not, it's a kind of bull market. Bull market is not only a general increase, but also has many forms of definition.

The rapid rise of brokers in the morning reversed the pessimistic expectations of the market. After the index rose, brokers fell back in the afternoon and remained volatile, and the trend was very stable throughout the afternoon. What does this mean?The expansion is mainly included in the national debt or index products, but for the capital market, this is trillions of incremental funds. Although more index products are invested, the index constituent stocks also benefit, and the long-term major weight indexes also benefit. Therefore, it is also very likely that the index will go out of a stable upward trend in the later period.Last night, within the expectation of US inflation data, there was no suspense to cut interest rates by 25 basis points in December, which eased everyone's worries. It is of great significance for us to cut interest rates in the United States. At least, the operational space for us to cut interest rates is high.