The financial crisis swept the world, and governments all over the world rushed to enter the market. The U.S. government now claims that the 4 trillion investment plan, commonly known as the "National Ten Articles", actually doesn't have that much money left, so it is inevitable that the RMB will depreciate, issue bonds and print a lot of paper money, which means another round of inflation. The continuous daily limit of RMB in the foreign exchange market also fully verified this view. No matter whether the continuous daily limit is a market behavior or a government behavior, there is no doubt that the RMB depreciates! RMB depreciation is in line with China's interests and needs.
Before 1, RMB, GBP and Euro were all bearish, and the probability of rising was very small, among which RMB would fall the most. The euro interest rate is 2.5%, the dollar interest rate 1.0%, and the pound interest rate is 2.0%. The spread between dollar, euro and pound is narrowing. In other words, the euro and the pound still have 1-3 months to lower interest rates. In other words, the downside is limited.
Why do I say that June 5438+ 10 is bullish? Because many institutions are waiting for the annual report of the United States, especially several major industries: banks, automobiles and real estate. . . Everyone is holding a sweat. What would you do if you and I were institutions? Of course, some or even a large part of the funds were transferred to euros and pounds with relatively small risk factors, especially pounds, and I won't talk about the reasons.
Suggest that the euro should not touch him, or change the pound. Of course, the most stable thing is to buy stocks! ! Now this market is an excellent time for stock trading. I agree with the first floor that it will pay off in one year. But don't buy metal plates, it is recommended to buy electricity, medicine, telecommunications and other plates.
Supplement:
I am very happy to discuss financial issues with the fifth floor:
1. The financial crisis is insufficient circulation, that is, there is no cash, neither in the United States nor in China. You can refer to the government economic information network/,which contains the official data of China's fiscal surplus. Everyone has the same problem: no money. The country has no money, the people have no money, domestic demand cannot be pulled up, and the stimulus has no effect.
2. The current crisis is neither inflation nor austerity, but the contradiction between inflation and insufficient capital flow and the adjustment between dilemmas. Increased liquidity will lead to inflation. If inflation is not well controlled, capital flows will be even worse. If capital flows poorly, the economy will stagnate.
The demand for dollars can't be strong. If you take RMB instead of dollars, I won't take it, and the fund won't dare to take more. Because the risk is too great, only two of the five major investment banks have gone bankrupt, and whether the remaining two can persist until the annual report comes out will be known. But the data is definitely not good. It's 65438+February, 1 month. It's a miracle to score.
4. RMB is printed more. The U.S. bailout funds accounted for 6.2% of the total economy, Japanese funds accounted for 1%, and China accounted for 16.23%, with more India and more depreciation.
5. RMB depreciation is beneficial to China. China's foreign exchange reserves have increased from 200 billion to 2 trillion in a few years, which is not development but hot money. If 1: 8.27 comes in, 1: 6 or even 1: 5 goes out, how much will you lose from the exchange rate? Depreciation of exports can improve, China is playing with exports, and the depreciation of the US dollar leads to the rapid growth of US exports. For better or worse, the RMB has begun to depreciate. This is already a fact.
6. Now the economy is not better than anyone, but worse than anyone. Europe and Britain are not good, but they are better than America, especially investment banks. The market is pessimistic about the annual reports of American banks (especially investment banks), real estate, automobiles and other major industries.
Let's not complicate simple problems. It's not that complicated. The devaluation of non-American currencies conforms to the interests and laws of non-American countries. China has the largest depreciation space and China has the highest interest rate. There will be a series of interest rate cuts in the future. Americans don't want the dollar to appreciate, but this time his enemy is the whole world.