Asset performance and capital changes:
China's top five commodity prices: iron ore 3.34%, Shanghai nickel 2.55%, soda ash 2.49%, thread 2.19%, stainless steel 1.91%; Pulp - 2.34%, dynamic coal - 2.29%, methanol - 1.98%, ethylene glycol - 1.69%, LPG - 0.92% precipitation capital inflow and outflow top five (100 million yuan): Shanghai nickel 9.37, thread 6.40, iron ore 4.64, soda ash 1.82, hot coil 1.54; Huyin -2.44, pulp-1.72, soybean oil-1.35, apple-1.21 and fuel oil-1.14 plate precipitation capital inflow and outflow (100 million yuan): 23.11 for non-ferrous metals, 13.64 for black building materials, 2.39 for energy and chemical industry, 2.53 for precious metals, Shenzhen Agricultural Products Group Co.Ltd(000061) - 4.10
Important news and economic data:
The general office of the State Council issued the opinions on doing a good job in cross cycle regulation and further stabilizing foreign trade. Ministry of housing and urban rural development: during the 14th Five Year Plan period, 40 key cities preliminarily plan to add 6.5 million sets (rooms) of affordable rental housing supply, which is expected to help 13 million new citizens and young people alleviate their housing difficulties. At the nomination hearing, Fed chairman Powell said that if the Fed sees that inflation lasts longer than expected, it will have to further raise interest rates over time. Balance sheet contraction may be allowed later this year, and this balance sheet reduction will be "earlier and faster" than last time.
Bostick said the Fed could easily withdraw $1.5 trillion of "excess liquidity" from the financial system and observe the market's response to further balance sheet cuts.
According to the latest global economic outlook report released by the world bank, the global economy is expected to grow by 5.5% in 2021 and 4.1% in 2022, both of which are 0.2 percentage points lower than the previous forecast.
Risk tip: transmission of Omicron mutant virus
