Finance knows early: Focus on the Eurozone CPI and the Bank of China Quarterly Conference

Huitong.com October 17th - Monday (October 17th) will release Japan's August industrial output report, the euro zone September CPI report, the US September industrial output report; on the same day, the Bank of Japan will hold local branches Manager quarterly meeting, central bank governor Kuroda will present a speech before the start of the meeting; in addition, the Bank of England deputy governor Broadbant will deliver a speech; 1 Federal Reserve Chairman Yellen: maintaining easing policy for too long may have a price; 2 Scotland Chief Minister: Once the UK "hard Brexit", Scotland will once again hold an independent referendum; 3 Republican local headquarters was attacked, Trump said it was Hillary, and 4 US oil drillings increased to 432 last week.



[International Finance News]

★★ Overseas

1. The BRICS Joint Statement: The global economic recovery requires structural reforms, and monetary policy alone cannot make the economy continue to grow.

2. Scottish Chief Minister Sterkin said that if British Prime Minister Teresa May insisted on "hard Brexit" and Scotland was affected by the economy and employment, Scotland will hold a second independent referendum as soon as possible.

3. Thai Deputy Prime Minister Wishanu said that according to the Constitution, the chairman of the Privy Council, Bing Tingsu, has automatically become a temporary regent. The cremation ceremony of the late King Bhumibol of Thailand was held as soon as one year later, after which the crowning ceremony of the Crown Prince Maha Vajiralongong will be held.

4. Federal Reserve Chairman Yellen: You can consider temporarily maintaining a “high-pressure economy” to maintain steady growth demand and tighten the labor market; maintaining easing policy for too long may have a price, which may include financial stability and inflation; during the recovery cycle The policy seems to remain super-loose; more clear guidance may be needed, as interest rates may remain low for some time, and once the economy relapses, low interest rates alone may not be enough to stimulate growth.

5. On Saturday night (October 16th) local time, a Republican Party in North Carolina was attacked by a fire bomb at a headquarters in North Carolina. A nearby building was burnt down. The police are currently searching for the initiator of the incident. After the incident, Republican presidential candidate Trump said on social media that it was Hillary who did the incident. She used the incendiary bomb to attack the Republican headquarters in Orange County because "we won North Carolina." State". However, some commentators pointed out that this may be a bitter plan for Trump's self-directed performance. In the case that Hillary’s support rate has clearly led, she is here to play, and for Hillary, it is obviously asking for trouble.

List of overnight financial situation

★★ Forex

1. Ashoka Mody, former deputy director of the International Monetary Fund in Europe: The fall of the pound is not necessarily bad news. Brexit accidentally corrected the long-term distortion of the British economy .

2. The U.S. Treasury Department issued a semi-annual report to evaluate the exchange rate policies of the six major trading partners over the past six months. They believe that they are not “currency manipulators”, saying that China’s recent sale of a stable exchange rate for foreign reserves is abiding to the G20 summit. Commitment to “stopping competitive devaluation” .

3. On Friday, the central parity of the RMB against the US dollar was reported at 6.7157, up 139 basis points, ending at 7 consecutive landings, still below the 6.7 mark. The RMB rose 44 basis points to close at 6.7255.


★★ International Stock Market

1. Facebook has quietly signed the “Privacy Shield” sharing agreement reached by the US EU at the end of September, which allows US technology companies to transfer personal information data of EU citizens to the United States.

2. Calstrs, the second largest pension fund in the US, plans to withdraw $20 billion from external fund managers.

3. Last Friday, the three major US stock indexes closed up, and all fell last week. The Dow Jones Industrial Average closed up 39.44 points or 0.22% to 18,138.38 points, down 0.56% last week. The S&P 500 index closed up 0.43 points or 0.02% to 2132.98 points, down 0.96% last week. The Nasdaq Composite Index closed up 0.83 points or 0.02% to 5,114.16 points, down 1.48% last week.

4. Last Friday, the three major European stock indexes rose collectively, and last week they were mixed. The UK's FTSE 100 index closed up 0.51% to 7013.55 points, down 0.44% last week; Germany's DAX 30 index closed up 1.60% to 10580.38 points, up 0.85% last week; France's CAC 40 index closed up 1.49%. At 4470.92 points, it rose by 0.47% last week.

5. The Asia-Pacific stock market recorded a decline last week, and Samsung Electronics fell more than 7%. The Nikkei 225 index fell 0.02%, while the KLCI fell 1.52%. Samsung Electronics fell more than 7% in the week. The Taiwan Weighted Index fell by 1.09% in the week and the Australian ASX200 index fell by 0.61% in the week. The New Zealand NZSE50 index fell 0.48% on the 7334.26 points.

★★ crude oil

1. Last Friday, WTI November crude oil futures fell 0.09 US dollars or 0.2% to 50.35 US dollars / barrel, up 1.1% last week, rising for the fourth consecutive week. Brent December crude oil futures fell 0.08 US dollars or 0.2% to 51.95 US dollars / barrel, up 0.08% last week.

2. The Iranian National Oil Company intends to hold a number of rounds of tenders for Iran's oil and gas exploration and production projects, and invites comprehensive and qualified oil companies that are interested and reputable to conduct prequalification.

3. In the United States on October 14th, the total number of oilfield Baker Hughes oil wells was 432, with a previous value of 428, indicating that US oil drilling activities continue to be active.

★★ 金

1. Last Friday, COMEX December gold futures fell 2.10 US dollars or 0.2% to 1255.50 US dollars / ounce, last week, up about 0.3%, ending two consecutive weeks of decline.

2. TD Securities analysts said that the price of gold will be affected by investors' interest rate hike prospects. The more contradictory or biased economic data released by the US, the more investors have doubts about the December rate hike.


★★ Products

1. The CSRC recently approved the application for the establishment of the ethylene glycol futures of Dalian Commodity Exchange. This means that ethylene glycol futures are one step closer to the official listing.

2. On Friday, domestic commodity futures generally rose at night, and the oil sector rose sharply. Vegetable oil and palm oil rose daily, and soybean oil closed up 3.96%. Coke, coking coal and thermal coal closed up 3.77%, 4.57% and 1.00% respectively; iron ore closed up 2.55%. Soybean meal, rapeseed meal and soybeans rose by 1.08%, 1.53% and 0.71%, respectively.

★★ bond

1. Russia may borrow China's RMB for the first time before the end of 2016. This is Moscow's use of the Asian credit market to compensate for the limited availability of Western funds.

[Domestic financial news]

★★ Macro

1. Xi Jinping: The global economy is still in a dangerous recovery; the economic fundamentals of the BRICS countries remain unchanged.

2. Zhang Jun, director of the China Center for Economic Research: China's medium and long-term growth faces three major threats. It is proposed to solve the huge debt problem of state-owned enterprises through the privatization of equity.

3. The analysis of the macroeconomic situation in the third quarter will be held. Many experts expect that the economic growth in the fourth quarter will remain stable. In 2016, the economy will achieve a growth rate of 6.7%. Next year, economic growth will face greater pressure, or challenge 6.5%. The bottom line; it is difficult to make major changes in monetary policy during the year.

4. Lin Yifu: China's economic growth continues to decline mainly due to externalities and cyclicality; it is recommended to expand active fiscal policies to increase demand; moderate investment can expand demand and enable enterprises to increase profits and reduce leverage.

5. A study by The Lancet found that the one-child policy that China cancelled last year will not bring dividends in the near future, and the potential benefits of the two-child policy to the shrinking workforce and the rapidly aging population. It will take at least 20 years to feel it.

6, Haitong Jiangchao said that both the house price and the PPI are not far from the top, the house price bubble may be shattered at any time, and the bonds, bond stock assets, and innovative assets may be allocated.

7. Economic Reference: Looking forward to the fourth quarter, PPP and industrial funds will become the main force to promote investment. In addition, in the context of the fiscal balance deficit, the local fiscal revenue differentiation is obviously worthy of attention. Relevant policies to solve local financial problems through transfer payments and other measures are already in the pipeline.

8. Economic Reference: On Wednesday, the economic data for the first three quarters of 2016 will be officially announced. Many institutions predict that economic growth in the third quarter will slightly exceed market expectations, GDP growth rate is expected to be the same as the first half of the year, at 6.7%, the annual economic operation is also more optimistic, the government's development goals set at the beginning of the year can be achieved.

★★ Domestic stock market

1. China Science and Technology under the umbrella of Tianke, *ST沧大, Fengshen, Andisu, Tianhuayuan, Shenyang Chemical, Sinochem International, Jiangshan, Yangnong Chemical Group issued a clarification announcement, none of them Written or verbal information from any government department regarding the merger of Sinochem and China Chemical, and no such intentions have been expressed to any department or enterprise.

2. Last week (October 10 to 14), the National Small and Medium Enterprise Share Transfer System added 47 listed companies. The total number of listed companies in the New Third Board reached 9,168, with a total market capitalization of approximately 3.58 trillion.

3. According to the latest data, as of the last trading day of Japan Week on October 14, the market capitalization of the Shanghai and Shenzhen stock markets was reported to be 386.78 billion yuan, the total market value of the two cities was 498.16 billion yuan, and the average price of the two cities was 10.37 yuan, both before the National Day holiday. Increased.

4, electric soul network will be purchased on the Shanghai Stock Exchange on October 17th, stock code 603258, purchase code 732258, online issue of 24 million shares, the issue price-earnings ratio: 18.16, the issue price of 15.62 yuan, the single account purchase limit of 24,000 shares, the purchase quantity of 1000 Integer multiples.

5. The Chinese capital market, which is characterized by retailing, is shifting towards “institutionalization”. As of the end of June this year, a total of 76 fund managers accounted for more than 50% of the fund institutions, of which 41 managers accounted for more than 70% of the total, and 15 institutions accounted for more than 90%.

6. On October 16, Yunxi Group and China Construction Bank signed a market-oriented debt-to-equity investment agreement with a total amount of nearly 5 billion yuan in Beijing. On the evening of the same day, Xiye, a listed company of Yunxi Group, announced that the fund established by CCB or its related parties intends to increase its capital to Hualian Zinc and Indium, the holding subsidiary of the company, and hold no more than 15% of its shares. Tin Industry also became the first listed company to directly participate in the market-oriented debt-to-equity swap.

7. According to the data, in the third quarter, the company’s eighth largest tradable shareholder of Xinjin New City Holdings, Evergrande Life’s two products appeared in the top ten tradable shareholders of Jinzhou Pipeline, and Niu San Xia Chongyang New Black Sesame Eight major tradable shareholders, qualified foreign institutional investors (QFII) new into Senyuan Electric and many other stocks, social security funds are newly entered Wenshi shares and other stocks.

8. GF Securities: It is recommended that investors should not expect too much from the market or the White Horse stocks to “value the switch” at the end of the year; they can only find structural “valuations” in some industries with stable growth and insufficient expectations. Switching "opportunities" - continue to advise investors to focus on the two industries of chemical drugs and airports.

9. Guosen Securities: In the case of “stable price increase”, the performance of non-financial enterprises in the third and fourth quarters is expected to improve significantly, and the short-term fundamentals are temporarily worrisome; but the overseas political uncertainty, the expected change in global liquidity easing and Domestic funds are “de-familiar” and various reforms still need to be promoted. The medium- and long-term A-shares are still more worried, and the range volatility is still difficult to get rid of effectively.

10. Important announcements of listed companies: GQY Video intends to acquire online game assets, stocks are suspended; Xi'an Tourism terminates major asset restructuring; First Travel Hotel has doubled its net profit in the first three quarters of the hotel; Zhongrong Trust litigation case, the two listed companies have a market value of 9.7 billion The shares were frozen.

11. On Friday, the Shanghai Composite Index closed up 0.08% to 3063.81 points; Shenzhen Component Index fell 0.26% to 10759.28 points; the GEM index fell 0.65%. The two cities traded 43.2 billion yuan, compared with 431.8 million last day. Last week, the Shanghai Composite Index rose 1.97%, Shenzhen Component Index rose 1.8%, and the ChiNext Index rose 2.06%.

12. On Friday, Hong Kong's Hang Seng Index opened higher and closed higher , closing 0.88% higher at 23,233.31 points, down 2.59% last week. Hang Seng China Enterprises Index rose 1.11% to 9601.4 points, down 3.25% on week; Hang Seng Red Chip Index rose 0.69% Reported 3858.05 points, down 1.76%.

★★ Finance

1. Fan Yifei, deputy governor of the central bank: It is very important to create an asset management company to clean up bad loans. It has played a key role in reducing the leverage ratio of enterprises; the weak economy has caused the growth of corporate leverage and non-performing loans.

2. The announcement of the tenth batch of private placements announced by the China Foundation, involving 9 companies including Shanghai Zhonghaitou Financial Holdings and Xinjiang Pan Asia Nonferrous Metals Investment. It is understood that many of these companies have had problems with redemption, and the amount of funds involved is huge.

3. Shanghai Stock Exchange: In order to fundamentally prevent and control the occurrence of misleading sales, the China Insurance Regulatory Commission plans to implement a retrospective system for insurance sales. The Interim Measures for the Backtracking Management of Insurance Sales Behavior recently began the second round of comments. According to the second draft, the "Measures" will be implemented on July 1, 2017. At the same time, there is also a matching "Insurance Sales Behavior on-Site Synchronized Recording and Video Business Specification".

4. Xinjiang Bank was approved by the China Banking Regulatory Commission for preparatory establishment. The Xinjiang Banking Regulatory Bureau said that the preparatory group has been convened and the implementation schedule for the opening of the work has been formulated, and the Xinjiang Bank is expected to open as scheduled within six months.

★★ 楼市

1. Weiye I love my family: From October 1st to 15th, a total of 1579 sets of new commercial housing in Beijing were signed, a decrease of 45% compared with the same period of last month, and a decrease of 42% compared with the same period of the first half of last year.

2. A week after the implementation of the New Deal, the subscription and transaction data of the new property in Nanjing property market fell sharply. Among them, the daily subscription volume dropped from the previous 400 sets to 104 sets, which is less than the previous 30%.

3. The mainland's land sales revenue in the first three quarters of this year has exceeded that of last year. The annual land sales revenue is expected to exceed 4 trillion yuan.

4, Guotai Junan Lin Caiyi: China's first-tier cities real estate bubble is not only, but also quite large, which can be calculated from a series of housing income ratio and capital income subsidies; property tax is an inevitable choice for China's local government fiscal revenue structure adjustment.

5. Ren Zhengping of Founder Securities: Real estate regulation has a moderately neutral impact on the stock market; stimulating real estate to China's economy is short and long, and timely regulation of real estate is short-lived for China's economy; it is expected that the real estate cycle will end, and this round of housing price rise is coming to an end.

6. Bank of America Merrill Lynch: At a time when housing prices in many cities in the Mainland are skyrocketing, interest from mainland buyers is expected to support the Hong Kong real estate market; Hong Kong’s purchase burden is 58%, while the proportion of three first-tier cities in mainland China is high. 80-124%.

★★ industry

1. Shanghai Stock Exchange: On October 17, the National Development and Reform Commission will convene a number of departments and large-scale power generation enterprises and power grid enterprises to hold a symposium to listen to the opinions and suggestions of the parties on adjusting the benchmark price of new energy. This is the second round of comments from the National Development and Reform Commission on the "Notice on Adjusting the On-grid Electricity Price of New Energy Benchmarks (Draft for Comment)."

2. Ma Feng, deputy director of the Cultural Market Department of the Ministry of Culture: In 2016, the overall revenue of the game industry is expected to exceed RMB 175 billion in the year; the Ministry of Culture will increase the training of game talents.

3. The Shenzhou 11 manned spacecraft will be launched at 7:30 on October 17. The flight crew consists of astronauts Jing Haipeng and Chen Dong . Jing Haipeng is the commander. The total flight time will be 33 days. Astronaut Chen Dong will participate in manned air flights for the first time.

4. Many national ministries and commissions are working together to promote the establishment of China's robot industry standards and testing and certification systems. The first batch of robot certification projects have been launched, and the certification marks and the first batch of certified enterprises will be officially released in the near future.

5. At the forum, the Zhejiang section of the Shanghai-Hangzhou trunk line, which was built by Kyushu Quantum, will be announced to be completed. The leaders of the department in charge of the Ministry of Industry and Information Technology are expected to attend the completion ceremony and speak.

(For more financial information, please click

Brushed Printed

shaoxing zida import&export co.,ltd. , http://www.zida-fabric.com