1.Sectors such as photovoltaics, semiconductors, human brain engineering and medical services have slightly resisted, and the brokerage sector has also shown some resistance in the middle, but the ** of these sectors has not been sustained. This reflects the fact that in the current market environment, the speed of sector rotation is accelerating, and it is difficult for investors to grasp sustainable investment opportunities.
2.The U.S. Federal Open Market Committee (FOMC) announced its latest interest rate decision, maintaining the target range for the Federal** interest rate at 525% to 55% unchanged, in line with expectations. This is the fourth consecutive pause in interest rate hikes by the Fed after September 2023.
Fed Chairman Jerome Powell said at the press conference that it is unlikely that interest rates will be cut in March, which is also in line with expectations, how can it be possible to start cutting interest rates before the rate hike cycle is over.
3.China Securities Construction Investment** pointed out that in the recent quarterly reporting period, the weight of performance impact has increased significantly, and the theme trading has entered a cooling stage after being crowded under external catalysis, and there are a series of uncertain or potential negative factors in the short-term market, and the market is in a period of recuperation, patiently waiting for the opportunity to re-layout; In the short term, the structural focus is on finding a stable or better-than-expected direction in low-level assets, and the medium-term clue lies in the resilient direction of the technology cycle and recovery chain.
4.According to the latest monthly report released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), in July 2023, the RMB maintained its position as the fifth most active currency in the world in the ranking of global payment currencies based on value statistics, accounting for 306%, the sixth consecutive month of increase. It is worth mentioning that this is the second time on record that the renminbi has exceeded 3% in global payments.