Macro strategy Daily: the central bank said to increase financing support, and it is expected that the credit supply will be rapid at the beginning of the year

Asset performance and capital changes:

China's top five commodity gains and losses: ethylene glycol 1.90%, eggs 1.85%, TA1 72%, crude oil 1.38%, Liandou 1.35%; Pulp - 4.42%, LPG - 4.09%, stainless steel - 3.99%, dynamic coal - 3.51%, glass - 2.53%

The top five (100 million yuan) of precipitation capital inflow and outflow: Huxi 2.72, HUNI 0.85, ethylene glycol 0.63, soybean meal 0.49 and rapeseed meal 0.47; Hutong-6.18, iron ore-2.77, soda ash-2.39, methanol-2.37, hutai-2.22

Inflow and outflow of precipitation funds from the sector (100 million yuan): non ferrous metals 9.27, precious metals -1.20, Shenzhen Agricultural Products Group Co.Ltd(000061) -1.91, black building materials -7.02, energy and chemical industry -13.13

Important news and economic data:

The State Council issued the comprehensive work plan for energy conservation and emission reduction in the 14th five year plan. By 2025, the energy consumption per unit of China's GDP will be 13.5% lower than that in 2020, and the total energy consumption will be reasonably controlled.

The business management department of the central bank held the 2022 monetary and credit work conference, which stressed that maintaining the stability of the growth of total credit should be the primary task of the current credit work, and try every means to increase the financing support for the real economy.

The initial PMI of Markit manufacturing industry in the United States in January was 55, expected to be 56.7, compared with the previous value of 57.7. The initial PMI of Markit service industry in the United States in January was 50.9, expected to be 55, and the previous value was 57.6.

The initial value of manufacturing PMI in the euro zone in January was 59, which is expected to be 57.5, with the previous value of 58; The initial value of PMI in the service industry is 51.2, the expected value is 52, and the previous value is 53.1.

The initial value of Japan's manufacturing PMI in January was 54.6, compared with the previous value of 54.3; The PMI of service industry is 46.6, the former value is 52.1; The comprehensive PMI is 48.8 and the former value is 52.5.

Risk tip: turbulence in overseas stock markets and monetary tightening by the Federal Reserve

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