Macro strategy Daily: the decline of five-year LPR is small, and the adjustment of mortgage interest rate needs to be implemented according to the city

Asset performance and capital changes:

China's top five commodity gains and losses: Shanghai nickel 7.74%, stainless steel 5.84%, Shanghai tin 4.13%, lpg2 55%, asphalt 2.47%; Soda ash - 0.76%, styrene - 0.67%, pulp - 0.49%, methanol - 0.46%, Ta - 0.39%

The top five (100 million yuan) of precipitation capital inflow and outflow: Shanghai nickel 9.92, Shanghai copper 8.18, Shanghai Gold 3.70, iron ore 2.87 and Shanghai zinc 2.61; Hu aluminum -1.71, thread -1.34, hot coil -0.88, methanol -0.67, pulp -0.59

Inflow and outflow of precipitation funds from the sector (RMB 100 million): non ferrous metals 37.92, Shenzhen Agricultural Products Group Co.Ltd(000061) 7.14, precious metals 5.94, energy and chemical industry 2.85, black building materials 2.65

Important news and economic data:

In January, the one-year LPR reported 3.7%, down 10 basis points; Varieties with a maturity of more than 5 years reported 4.6%, down 5 basis points.

Premier Li Keqiang chaired a plenary meeting of the State Council to discuss the government work report to be submitted to the fifth session of the 13th National People's Congress for deliberation, and to study and deploy the economic work in the first quarter.

The Ministry of housing and urban rural development plans the key work in 2022, emphasizing the need to strengthen the regulation of the real estate market, maintain the continuity and stability of regulation policies, enhance the coordination and accuracy of regulation policies, and continue to steadily implement the long-term mechanism of real estate.

The number of initial jobless claims in the United States in the week to January 15 was 286000, with an expected 220000. The previous value of 230000 was revised to 231000.

European Central Bank President Lagarde said that the current high inflation in the eurozone is temporary and will fall back within the year.

Risk tip: transmission of Omicron mutant virus

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