trade cryptocurrencies Top Reviews

Today, when I woke up, news came from the external market information. China's assets shrank slightly, and the Nasdaq China Jinlong Index closed down 0.74%. FTSE A50 closed down 0.01% for the night; The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing; The offshore RMB fell 212 points against the US dollar from late new york on Tuesday.Then, with the assets of China shrinking slightly, is the A-share market going to pull back today? That's what veterans see.First, in fact, after the important meeting, Hong Kong stocks, FTSE A50 index futures, NASDAQ China Jinlong index, popular Chinese stocks and other China assets can still receive a surge. Under such circumstances, the A-share market is jumping high and low, which has already frustrated investors' confidence, which has the expectation of a correction and consolidation.

What followed was that yesterday, the market actually experienced a sharp decline in volume, which was more than 420 billion yuan less than the previous trading day. This is a negative signal for most investors.

Third, if the RMB exchange rate falls and the US dollar index is strong, the RMB exchange rate will bear the pressure brought by the strong US dollar, which will bring some disturbance to the A-share market. Such disturbance will affect market sentiment and affect the return of incremental funds, which is very unfavorable for the market trend.What followed was that yesterday, the market actually experienced a sharp decline in volume, which was more than 420 billion yuan less than the previous trading day. This is a negative signal for most investors.In short, when I woke up today, I learned that China's assets have shrunk slightly. I can basically conclude that today's A-share market is not optimistic, which may indicate that today's A-share market is likely to usher in a correction. The above are personal opinions, for reference only, and do not constitute any investment advice. The stock market is risky and investment needs to be cautious.