Guosheng Securities pointed out that the closely watched interest rate discussion results of the Federal Reserve in September lowered the federal target fund interest rate range by 25 basis points to 1.75% - 2.00%. Good for the capital market, but in line with market expectations, it had little impact on the trend of US stocks on that day. Back to China, after the latest economic data were released, no corresponding measures were introduced, and the expected interest rate cut was not fulfilled, resulting in the lack of new long momentum in the stock market and the wait-and-see atmosphere began to rise. At present, we should pay attention to whether the Fed's interest rate cut will drive China's policy. Therefore, the market will not end so soon. After the strong rise in the early stage of the market and the decline in resistance, the market outlook is expected to start a periodic range shock market. From the lower track support of the oscillation section, the early upward platform broke through the 2930 area.
(Securities Times)
