Chapter 211 One cent, one day of fun
No one can predict the trend of the stock market.
As a result, the Shanghai Composite Index opened at 3084.41 points. Under the good news, the gold and copper sectors opened high and continued to rise. Together with other sectors, they pushed the Shanghai Composite Index to 3090.05 points, setting a new high.
Is it going to break 3100 points today?
Just when everyone was optimistic, the Shanghai Composite Index was hit hard, directly turning the index into the red, and fell all the way to 3073.37 points in the afternoon, -0.21%!
In an instant, all the optimism disappeared and investors became much more sober.
Start browsing various intraday news and exchanging various gossips.
Many people tried to eat the melons from Pufa Bank, but as they ate them, they found that they were not sweet anymore, which was a slap in the face.
Because, instead of falling, Pufa Bank actually rose by 1%, which is really amazing.
Li Feng noticed a piece of news. At the GWY press conference, Xuan Changneng, deputy governor of the central bank, said that there is still room for further reduction in the statutory reserve ratio. The decline in deposit costs and the shift in monetary policy of major economies will help expand the operational autonomy of interest rate policies.
The major economy refers to the United States.
Therefore, with the shift in the Federal Reserve's monetary policy and the resulting decline in the US dollar index, my country's monetary policy will also weaken further.
But, most likely, the exchange rate will remain stable.
In other words, it is very likely that if the US dollar depreciates, the RMB will also depreciate accordingly.
There is another piece of news, that is, the Nikkei index hit a new high, up 1.6%, breaking through 40,670 points. At the same time, the yen fell below 151 against the US dollar, and the yen fell to a new low against the euro since 2008.
The more the Bank of Japan raises interest rates, the more the yen depreciates, but the more the Japanese stock market rises.
This completely subverts common economic knowledge.
No wonder Japanese bonds, US stocks and Chinese real estate are known as the three wonders of the new world.
Li Feng had studied the relationship between Japanese bonds, Japanese stocks and the Japanese yen, but he still couldn't figure it out clearly and his understanding was still inadequate.
But there is one thing he is very sure of.
That is, no matter how Japan's economy develops, it, together with South Korea, is a semi-colony of the United States, and together with Taiwan and the Philippines to the south, it forms the first island chain, clamping down on and preventing my country's rise.
This kind of restraint is not only economic, but also military and political.
As a result, in recent years, with the start of the trade war, China, Japan and South Korea have become increasingly cold politically and economically, especially in the fierce competition in automobiles, shipbuilding, panels, mobile phones and electromechanical products.
In the foreseeable future, my country will face off against Japan and South Korea in chip manufacturing.
In the foreseeable future, once these industries are conquered by our country, the economies of Japan and South Korea, the two bridgeheads set up by the United States in the Far East, will plummet.
At that time, the industrial chain built by the United States will once again be missing a key link.
Before I knew it, the lunch session started again.
After 30 minutes, everyone thought that today would probably be another negative line.
A sudden influx of capital into the broader market boosted the aluminum sector, a sector of nonferrous metals. Chalco surged, rising over 5%, breaking through the 7 yuan mark and setting a new 500-day high. Yunnan Aluminum followed closely behind, surging 3%, followed by Shenhuo Co., Ltd. and Luoyang Molybdenum Co., Ltd. The gold sector saw another upward trend...
The Shanghai Composite Index once again reached 3085 points.
The colored players were overjoyed and cheered.
Unfortunately, after just over ten minutes of joy, the Shanghai Composite Index began to fall and turn green, and non-ferrous metal stocks began to fall again.
In this fluctuating cycle of surprise and joy, the Shanghai Composite Index fluctuated around 3080 points, falling and rising again, and finally closed at 3077.11 points, down 0.08%, closing with a small negative line.
The Shanghai Composite Index is hesitating and has not yet chosen a direction.
The theme stocks are very lively, the low-altitude economy has set off a surge in limit-up stocks, the AI sector is booming, and the pork and media sectors are rising.
Old Chen watched the market for a whole day and found that he was alone.
My own base stock, after a day of weaving cloth, dropped by one cent.
He scratched his head and cursed inwardly, "One cent for a whole day's play. I might as well not even check the market!"
"It's a waste of my emotions and my energy!"
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