digital currency traders Top Knowledge

Today, when I woke up, news came from the external market information. China's assets shrank slightly, and the Nasdaq China Jinlong Index closed down 0.74%. FTSE A50 closed down 0.01% for the night; The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing; The offshore RMB fell 212 points against the US dollar from late new york on Tuesday.Then, with the assets of China shrinking slightly, is the A-share market going to pull back today? That's what veterans see.

Then, with the assets of China shrinking slightly, is the A-share market going to pull back today? That's what veterans see.

First, in fact, after the important meeting, Hong Kong stocks, FTSE A50 index futures, NASDAQ China Jinlong index, popular Chinese stocks and other China assets can still receive a surge. Under such circumstances, the A-share market is jumping high and low, which has already frustrated investors' confidence, which has the expectation of a correction and consolidation.Third, if the RMB exchange rate falls and the US dollar index is strong, the RMB exchange rate will bear the pressure brought by the strong US dollar, which will bring some disturbance to the A-share market. Such disturbance will affect market sentiment and affect the return of incremental funds, which is very unfavorable for the market trend.Then, with the assets of China shrinking slightly, is the A-share market going to pull back today? That's what veterans see.