Shanghai Composite Index Hit 3000 Points Of "Strength".

Data released by the people's Bank of China on 7 may show that in February, China's foreign exchange reserves stood at US $3 trillion and 200 billion, down 28 billion 572 million US dollars from last month.

Although foreign exchange reserves declined again in February, the decline narrowed sharply from last month.

Last November to January this year, the average foreign exchange reserves fell by nearly US $100 billion.

In February, foreign exchange reserves decreased by 28 billion 572 million US dollars from last month, narrowing sharply, mainly due to the steady stabilization of the RMB exchange rate.

The exchange rate stabilizes in short term, the external pressure obviously reduces, and the internal steady growth preference rises.

In the past few months, a big obstacle to the rise of the stock market and the fundamentals of the stock market has gradually been resolved. Under the background of the recent weakening of the US dollar, the central parity of RMB against the US dollar increased sharply on the 7 day. On the same day, the spot exchange rate of the RMB against the US dollar went up slightly with the middle price, while the offshore renminbi was lifted first, and the two currencies were RMB third.

The spread is basically smooth.

On the 7 day, the central parity of RMB against the US dollar in the domestic market was set at 6.5113 yuan, a 171 basis point increase over the 4 day.

In the past three trading days, the middle price has been raised by 377 basis points continuously.

It is reported that recently, Guotai Junan, Ping An Securities and other brokerages have raised the conversion rate of margin trading, and the adjustment efforts are different. Other brokerages are also expected to make relevant adjustments to the two financial policies.

In the view of the industry, securities companies at this stage to introduce such adjustment policies, mainly on the long-term stability of the market confidence.

A securities brokerage official said, "some stock valuations have returned to a reasonable interval", and the conversion rate is the normal market behavior of institutions.

Data show that as of March 2nd, the two cities totaled 852 billion 378 million yuan, an increase of 4 billion 61 million yuan, the two scale of the balance of the balance of the end of the downward trend.

The fixed share increase, which has fallen below the issuance price, was once regarded as another value depressions in the market. It not only meant that small and medium investors could buy cheaper stocks at the price less than the major shareholders and institutional investors, but also were not subject to the lock up period of private placement (mostly within 12 months).

Part is 36 months) restriction.

If it has been implemented, the agencies or natural persons involved in the issuance will be obviously caught up in the lockup period, and the short and middle line will have the opportunity to "shovel in the bottom of the new placement". As a listed company, before the end of the lock up period, they will often give a replacement to the participants, because most of the participants are their "

"!

Gary Gary, founder of PIRA Energy, who successfully predicted the collapse of oil prices in 2014, said on Monday that OPEC's main oil producing countries are starting to discuss the new 50 dollar oil price equilibrium in private, which is the latest sign that the long and intense turbulence in the oil market is about to end. (Energy Gary)

With OPEC's main oil producing countries finally beginning to cut production, oil prices are expected to rise to $50 a barrel at the end of the year, which will become a new global crude oil anchor pricing.

Ross, one of the most respected oil price forecasters in the industry, is known for his bold prediction and long-term observation of OPEC.

He said he thought oil prices had bottomed out before he fell to around $30 two and a half weeks ago.

As of last Friday, US crude oil futures prices rebounded to nearly $36 a barrel.