thailand wholesale jewelry sterling silver What does the central bank pump water mean.

chinese jewelry wholesale The central bank's water release is similar to opening the gate, which means that the reserves deposited by the central bank into the market, or add more RMB to allow more funds to circulate the market. It is worth noting that in order to cope with the impact of the epidemic, the central banks such as the United States and other central banks release water.
There is the central bank's impact on the stock market? Fixedly found that the day after the announcement of the announcement of the RRRC recently, the number of increases and declines in the A -share index rose. That is to say, the central bank's water release does not mean that the stock market will rise sharply. However, the central bank's water release to promote economic development will also stimulate the rise in the stock market.
It was a significant reduction in April. This was the first time the central bank had significantly reduced the legal deposit reserve ratio after February 16, which was a clear steering of monetary policy. In June, the central bank included AA -level enterprise bonds into the MLF mortgage. Many people called the central bank to buy garbage bonds, which is equivalent to the Chinese version of QE.
The second is the decline in currency interest rates. Since the beginning of this year, the inter -bank currency interest rate has fallen significantly. The iconic bank pledge repurchase interest rate R007 was about 3.5%in the second half of 17, and in the first half of the 18th year, it was about 3.2%. The decline in market interest rates is attributed to the central bank's water release.

. Although the central bank's April RRR enabled more than 10 trillion currency in theory, it was mainly used for hedging 900 billion MLF; and incorporating AA -level corporate bonds into the MLF mortgage, but it was only given to the MLF mortgage. AA -level corporate debt has increased liquidity. It is not that the central bank directly purchases AA -level corporate bonds, and it is different from QE.

The decline in the interest rate of interbank monetary is mainly market behavior, which has no direct relationship with the central bank. May follow the United States to raise the bidding rate of inverse repurchase again.

The key is that this is not China's total currency, because the currency defined by the central bank is a variety of deposits, but everyone knows that people now go to the bank to save money, but buy bank financial management, but instead of buying banks. Bank financial management is not deposit, so it is not among the currency indicators statistics from the central bank. In 2007, the bank's wealth management was only 530 billion yuan. By 2017, it had reached 3 billion yuan, a total of 60 times.

So after the shadow bank of the bank wealth management representative, the total amount of the real currency in China in 2017 has reached 2 million yuan, which is 5 times over 2007. This is the house price in the past 10 years. The root cause of soaring.