The influence of American stock market on virtual currency
so it depends on the trend of the US dollar
A shares, namely RMB common shares, are common shares issued by domestic companies for domestic institutions, organizations or indivials (since April 1, 2013, domestic, Hong Kong, Macao and Taiwan residents can open A-share accounts) to subscribe and trade in RMB
A shares are not physical stocks, and they are implemented in paperless electronic bookkeeping. The T+1 delivery system is subject to a rise or fall (10%) restriction and participation in Chinese mainland institutions or indivials.
the stocks of Listed Companies in China are divided into A-share, B-share, H-share, n-share and s-share, which mainly depends on the listing location and investors. Trading in China's A-share market began in 1990. On April 8, 2015, A-share returned to 4000 points after 7 years.
The relationship between the US dollar index and US stocks:
the US dollar index (USDX) is an index that comprehensively reflects the exchange rate of the US dollar in the international foreign exchange market and is used to measure the exchange rate change of the US dollar against a package of currencies. The US dollar index measures the strength of the US dollar by calculating the comprehensive rate of change of the US dollar and the selected basket of currencies, thus indirectly reflecting the changes of us export competitiveness and import costs
Dow Jones index is the most influential and widely used stock price index in the world. It takes a part of representative company stocks listed on the New York Stock Exchange as the compilation object and consists of four kinds of average stock price indexthe US dollar index does not come from the Chicago Board of trade (CBOT) or the Chicago Mercantile Exchange (CME), but from the New York Cotton Exchange (Nyce). Established in 1870, the New York Cotton Exchange was initially composed of a group of cotton merchants and intermediaries. At present, it is the oldest commodity exchange in New York and the most important cotton futures and Options Exchange in the world
in 1985, the New York Cotton Exchange set up a financial department to enter the global financial commodity market, and the first one was the US dollar index futures
{rrrrrrr}
extended data:
the impact of the US dollar index:
the US dollar is the legal tender of the United States of America. Because it is the largest currency in circulation in the world, many countries widely use the US dollar as the reserve currency to balance the balance of payments, so the US dollar has become the base currency in the global foreign exchange, It is also a major currency in international payment and foreign exchange transactions, and plays a very important role in the international foreign exchange market
The U.S. dollar index is a comprehensive index reflecting the exchange rate of the U.S. dollar in the international foreign exchange market, which is used to measure the exchange rate change of the U.S. dollar against a package of currencies. It measures the strength of the dollar by calculating the combined rate of change of the dollar and the selected basket of currenciesthe weight of each currency in the US dollar index is different: 57.6% for Euro, 13.6% for yen, 11.9% for British pound, 9.1% for Canadian dollar, 4.2% for Swedish Krona and 3.6% for Swiss franc. The analysis of the trend of US dollar index can indirectly reflect the changes of us export competitiveness and import cost
the rise of the US dollar index indicates that the price of the US dollar has risen compared with other currencies, that is to say, the US dollar has appreciated. If the main international commodities are priced in US dollars, the corresponding commodity prices should fall. The appreciation of the US dollar is good for the whole economy of the country, enhancing the value of its currency and increasing its purchasing power
but it also has an impact on some instries, such as the export instry. Currency appreciation will increase the price of export commodities, so it has an impact on the export commodities of some companies. If the US index falls, the opposite is true