Short term without a long term risk of short-term insurance or 6.8-6.9 sweets parade

Short term without the risk of a long term risk of the bottom of the fund or 6.8-6.9 hot columns of thousands of shares of the stock market to review the latest rating simulation trading client We want you! The first 2016 China Potter Rockefeller award officially started! Funds, insurance, brokerage and other financial institutions, information management capabilities which is better? Please click [vote], select the strongest institutions in your heart! [on] the bull bear is a pressing matter of the moment monetary authorities to further strengthen communication with the market, effectively guide market expectations, and the opening of the capital projects do steady lured. Bear garden since October, the RMB against the U.S. dollar continued to fall, after another fell below 6.70 and 6.75 points and headed straight for the 6.8. I believe that this trend is expected to belong to the passive devaluation of the RMB, the main reason is that the Fed’s interest rate hike is expected to push up the dollar index, but also superimposed on the current mechanism of the central parity of RMB parity. Looking ahead, and the dollar index due to resonance energy prices will continue strong, but weaker, the material is difficult to break 100 RMB exchange rate; the four quarter will show a gradual depreciation of the overall situation, the bottom is 6.8-6.9, in the long term will continue to rise steadily. The national day since the dollar index has steadily increased, and once stood on the high of 99 in February this year. Back to see this rally, mainly due to two factors: on the one hand, in September the U.S. non farm payrolls data for the fed to raise interest rates to form a strong support. Nonfarm payrolls in September 156 thousand was lower than market expectations, but the number of new jobs in the three quarter was 192 thousand months, the overall performance is good; the labor participation rate in September increased to 62.9%, for the first time jobless claims for eighty-fourth consecutive weeks of less than 300 thousand people, for the longest period since 1970. In addition, recently including the president of the Saint Louis fed many senior Fed hawkish speech also strengthened the interest rate expectations. On the other hand, the major currencies have weakened the dollar index basket. The British Prime Minister’s statement "Intralipid Europe" led directly to "flash crash", and dropping to a 31 year low; the ECB interest rate decision in October decided to keep interest rates unchanged and lead to the weak euro QE the same size; the Bank of Canada to maintain interest rates unchanged and lowered economic growth lead to sluggish cad. According to the central parity of RMB price mechanism, with the dollar gradually strengthened, the RMB devaluation will be passive, which is in line with market expectations, also indicates that China’s central bank is indeed in the "follow the rules". One is the first 13 trading days in October (as of October 26th), the RMB against the U.S. dollar depreciated by 1.4%, while the dollar index rose 3.3%, euro, pound, yen and the dollar depreciated by 3.1%, 6%, 3.1%, showed that the reference to the current pricing mechanism pricing reflects the closing price the day before the supply and demand of foreign exchange market; two is the latest the RMB exchange rate index (October 21st) CFETS, BIS and SDR reference currency basket currency RMB exchange rate index was 9 at the end of 0.27%, respectively, a slight appreciation of 0.24% and 0.76%, indicating that the existing bid mechanism realization of the RMB against a basket of currencies exchange rate stability. theory相关的主题文章: