国内实体经济依然疲弱,供给因素造成的cpi通胀压力不是主要矛盾,当务之急仍然是稳增长、治通缩。对于当前国际环境,美国何时加息成为焦点,而欧洲在经济前景仍不明朗的下又陷入“地中海难民潮”接纳的麻烦中,而亚洲国家货币仍陷入了集体竞相贬值的恶性循环中,而从贬值的表象背后透视,或许是08年全球金融危机在“励精图治”的7年后,在寻求最终买单者,新兴市场的确陷入了原地踏步或者后退中,而相交于美国为代表的发达国家在复苏中,从美国货币政策正常化和强势美元的逻辑以及国际资本流向逆转这三大逻辑便可知一二,因而国际环境或者比金融危机还要复杂,这也不难理解股市的剧烈震荡的缘由了。同时,钢市也将在内忧外患中爬行,当前仍未见明显上涨迹象。
Domestic economy is still weak, supply factors of cpi inflation pressure is not the main contradiction, priority is still steady growth and deflation.When to raise interest rates for the current international environment, the United States as the focus, while Europe's economic outlook is uncertain and refugees "Mediterranean" acceptance of trouble, and Asian currencies are still into a vicious cycle of collective competitive devaluations, and from behind the superficial value perspective, may be 08 of the global financial crisis in the "hard" seven years later, looking for the final buyer, in the emerging markets into a spin or indeed back, and meet in the United States as a representative of the developed countries in the recovery, normalize monetary policy from the United States and the logic of a strong dollar and the international capital flow reversals that these three logic, or more complex than the financial crisis and international environment, and it is easy to understand why the volatility of the stock market.At the same time, the hong kong-listed will crawl over the problems we face at home and abroad, the current signs are no obvious rise.