The impact of stock market on virtual currency
Publish: 2021-04-17 11:14:42
1.
bitcoin's recent offer has been less than $10000, and it has been around $14000 before. It can be said that it has fallen a lot. It can also be seen that the bitcoin stock market is still in the doldrums, but I don't think it will affect people's enthusiasm for online virtual currency as you know, bitcoin has always been used by many companies
investors generally have a good habit of gambling, they are willing to give up, and since then, the stock market of bitcoin and all kinds of network virtual currency has been good, and so far, there are still several kinds of network virtual currency rising slowly, so the collapse of bitcoin can not extinguish people's enthusiasm for network virtual currency. They will continue to buy
2. It can be downloaded directly from various application platforms! Network search number blockchain can also be downloaded.
3. No impact, people who play virtual currency are greedy idiots
people with stock knowledge all know that this currency will be banned by the government sooner or later
because, first, it can replace the monetary function of the US dollar (if the Americans don't want it, they will try their best to ban it)
Second, it can be used by criminals to evade legal sanctions, and the whole world doesn't want it
thirdly, it has no value in itself and has been fired by some people.
people with stock knowledge all know that this currency will be banned by the government sooner or later
because, first, it can replace the monetary function of the US dollar (if the Americans don't want it, they will try their best to ban it)
Second, it can be used by criminals to evade legal sanctions, and the whole world doesn't want it
thirdly, it has no value in itself and has been fired by some people.
4. As bitcoin is a virtual currency, and it is also issued on the Internet, it has little influence at present. However, because it is a new thing after all, and stock futures are the representative of bulk goods and company performance, bitcoin is a virtual currency, but it can be purchased. Therefore, the influence between them remains to be observed and studied.
5. I always think that all kinds of money is a proct of pure speculation, which has neither value nor use value. It's just a speculation code when funds participate. Once the funds withdraw, sooner or later the price will return to zero, so be careful to participate. However, the stock market's sharp rise will divert funds, which has a negative effect on the currency circle.
6. The most direct impact is in two aspects:
1. The appreciation of RMB denominated assets benefits the banking, tourism, real estate and other instries, while the export instry suffers
2. The depreciation of assets in foreign currencies such as US dollars benefits the import instries of raw materials such as aviation and paper.
1. The appreciation of RMB denominated assets benefits the banking, tourism, real estate and other instries, while the export instry suffers
2. The depreciation of assets in foreign currencies such as US dollars benefits the import instries of raw materials such as aviation and paper.
7. Hello, the impact of the central bank's monetary policy on the securities market can be analyzed from four aspects:
(1) the adjustment of the benchmark interest rate by the central bank has an impact on the securities price. Generally speaking, when the interest rate falls, the stock price rises; When interest rates rise, stock prices fall
(2) the impact of the central bank's open market business on securities prices. When the government tends to implement a more relaxed monetary policy, the central bank will buy a large number of securities, which will increase the money supply in the market. This will push down the interest rate and rece the cost of capital. As a result, enterprises and indivials will have a high enthusiasm for investment and consumption, expand proction and increase profits, which in turn will push up the stock price< (3) adjust the influence of money supply on securities market. The central bank can regulate the money supply through the legal deposit reserve ratio and rediscount policy, thus affecting the supply and demand of money market and capital market, and then affecting the securities market< (4) the impact of selective monetary policy tools on the securities market. In order to realize the national instrial policy and regional economic policy, China adopts the policy of treating different instries and regions differently. Generally speaking, the policy will have an impact on the overall trend of the securities market, and it will also have a structural impact on the securities market because of the plate effect.
(1) the adjustment of the benchmark interest rate by the central bank has an impact on the securities price. Generally speaking, when the interest rate falls, the stock price rises; When interest rates rise, stock prices fall
(2) the impact of the central bank's open market business on securities prices. When the government tends to implement a more relaxed monetary policy, the central bank will buy a large number of securities, which will increase the money supply in the market. This will push down the interest rate and rece the cost of capital. As a result, enterprises and indivials will have a high enthusiasm for investment and consumption, expand proction and increase profits, which in turn will push up the stock price< (3) adjust the influence of money supply on securities market. The central bank can regulate the money supply through the legal deposit reserve ratio and rediscount policy, thus affecting the supply and demand of money market and capital market, and then affecting the securities market< (4) the impact of selective monetary policy tools on the securities market. In order to realize the national instrial policy and regional economic policy, China adopts the policy of treating different instries and regions differently. Generally speaking, the policy will have an impact on the overall trend of the securities market, and it will also have a structural impact on the securities market because of the plate effect.
8. Good aspects:
1. The central bank may rece the reserve requirement in an all-round way. Wang Yang, foreign exchange researcher of Guotai Junan Futures Company, today expressed his views on the devaluation of the RMB. The outflow of funds matched the devaluation of the RMB. The hematopoietic mechanism of the domestic base currency failed, and the central bank was on the verge of comprehensively recing the reserve requirement
2. The risk of domestic deflation may be alleviated. The devaluation of RMB reces the import of bulk commodities, which is generally bad for bulk commodities. However, if the international inflation tends to increase in the second half of the year, the risk of domestic deflation may also be alleviated through the channel of imported inflation
3. It is concive to economic recovery. The devaluation of RMB to ease export pressure is the way to minimize the cost of steady growth. Exports from January to July were - 0.8% year-on-year. Although global trade volume shrank, it would not cause China's exports to shrink so much. The devaluation of the RMB exchange rate will help rece the pressure on exports and help the recovery of the economy. The real economy will graally improve in the third quarter, which will support the stock market
4. Promote the flow of residents' assets to the stock market. Under the circumstances of moderate depreciation of RMB and declining domestic interest rates, the attractiveness of bank savings and real estate investment will decline, and the "surviving A-share" will attract funds from banks and property markets to the stock market< 1. Domestic interest rates are facing a passive rise. The marketization of RMB exchange rate formation mechanism will lead to the graal establishment of interest rate parity between domestic and foreign countries. In the case of rising interest rates in the United States, Europe and other countries, China's domestic interest rates are also facing the risk of passive rise, and the prices of domestic stock markets, bonds and other assets are facing revaluation
2. Liquidity shrinkage. Under the background of interest rate increase by the Federal Reserve, once the expectation of RMB devaluation is formed, it will lead to the outflow of hot money, and the domestic liquidity will shrink, which is not concive to the strength of a shares
3. Impact on domestic asset prices. The devaluation of RMB will impact domestic asset prices, which will lead to the weakening of financial, real estate and other related weight plates, and drag down the overall market< Textile and toys: the depreciation of RMB is beneficial to the export of foreign trade. Textile and clothing, toys, shoes and hats are the biggest beneficiaries. Some estimates show that every 1% depreciation of RMB will increase the sales profit margin of textile and clothing instry by 2% to 6%
related stocks: Lutai a, Jiaxin silk, Vosges, Huafang and qipilang; Qunxing toys, Gaole shares, etc
gold stocks: the depreciation of RMB leads to the appreciation of US dollar and the rise of gold price, which is good for gold enterprises
related stocks: CICC gold, Shandong gold, Chifeng gold, western gold, etc
household appliance enterprises: most of the procts are sold in US dollars, and the depreciation of RMB also increases the exchange earnings
related stocks: Qing Haier, Midea Group, Hisense, etc
other export-oriented listed companies: RMB depreciation will enhance the international competitiveness of procts and increase the gross profit margin
related stocks: abison (80% of procts are proced overseas), superstar Technology (the largest supplier of European and American large hand tool procts in Asia), etc
bad plate + indivial stocks
Finance and real estate: the depreciation of RMB will lead to the shrinkage of RMB assets (Finance and real estate occupy the main part); At the same time, capital outflow will lead to capital outflow from the real estate market, and some real estate enterprises have a heavy burden of overseas financing
related stocks: listed banks such as China Agricultural and Instrial Construction Co., Ltd. and listed real estate enterprises such as Zhaobao Wanjin
aviation and paper instry: the US dollar debt of aviation and paper instry accounts for a large proportion, and the devaluation of RMB will inevitably lead to exchange loss
related stocks: Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, etc.
1. The central bank may rece the reserve requirement in an all-round way. Wang Yang, foreign exchange researcher of Guotai Junan Futures Company, today expressed his views on the devaluation of the RMB. The outflow of funds matched the devaluation of the RMB. The hematopoietic mechanism of the domestic base currency failed, and the central bank was on the verge of comprehensively recing the reserve requirement
2. The risk of domestic deflation may be alleviated. The devaluation of RMB reces the import of bulk commodities, which is generally bad for bulk commodities. However, if the international inflation tends to increase in the second half of the year, the risk of domestic deflation may also be alleviated through the channel of imported inflation
3. It is concive to economic recovery. The devaluation of RMB to ease export pressure is the way to minimize the cost of steady growth. Exports from January to July were - 0.8% year-on-year. Although global trade volume shrank, it would not cause China's exports to shrink so much. The devaluation of the RMB exchange rate will help rece the pressure on exports and help the recovery of the economy. The real economy will graally improve in the third quarter, which will support the stock market
4. Promote the flow of residents' assets to the stock market. Under the circumstances of moderate depreciation of RMB and declining domestic interest rates, the attractiveness of bank savings and real estate investment will decline, and the "surviving A-share" will attract funds from banks and property markets to the stock market< 1. Domestic interest rates are facing a passive rise. The marketization of RMB exchange rate formation mechanism will lead to the graal establishment of interest rate parity between domestic and foreign countries. In the case of rising interest rates in the United States, Europe and other countries, China's domestic interest rates are also facing the risk of passive rise, and the prices of domestic stock markets, bonds and other assets are facing revaluation
2. Liquidity shrinkage. Under the background of interest rate increase by the Federal Reserve, once the expectation of RMB devaluation is formed, it will lead to the outflow of hot money, and the domestic liquidity will shrink, which is not concive to the strength of a shares
3. Impact on domestic asset prices. The devaluation of RMB will impact domestic asset prices, which will lead to the weakening of financial, real estate and other related weight plates, and drag down the overall market< Textile and toys: the depreciation of RMB is beneficial to the export of foreign trade. Textile and clothing, toys, shoes and hats are the biggest beneficiaries. Some estimates show that every 1% depreciation of RMB will increase the sales profit margin of textile and clothing instry by 2% to 6%
related stocks: Lutai a, Jiaxin silk, Vosges, Huafang and qipilang; Qunxing toys, Gaole shares, etc
gold stocks: the depreciation of RMB leads to the appreciation of US dollar and the rise of gold price, which is good for gold enterprises
related stocks: CICC gold, Shandong gold, Chifeng gold, western gold, etc
household appliance enterprises: most of the procts are sold in US dollars, and the depreciation of RMB also increases the exchange earnings
related stocks: Qing Haier, Midea Group, Hisense, etc
other export-oriented listed companies: RMB depreciation will enhance the international competitiveness of procts and increase the gross profit margin
related stocks: abison (80% of procts are proced overseas), superstar Technology (the largest supplier of European and American large hand tool procts in Asia), etc
bad plate + indivial stocks
Finance and real estate: the depreciation of RMB will lead to the shrinkage of RMB assets (Finance and real estate occupy the main part); At the same time, capital outflow will lead to capital outflow from the real estate market, and some real estate enterprises have a heavy burden of overseas financing
related stocks: listed banks such as China Agricultural and Instrial Construction Co., Ltd. and listed real estate enterprises such as Zhaobao Wanjin
aviation and paper instry: the US dollar debt of aviation and paper instry accounts for a large proportion, and the devaluation of RMB will inevitably lead to exchange loss
related stocks: Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, etc.
9. Your supplementary question is too excellent. It's not a question that I can answer as a citizen. Let me predict the process of inflation for reference only
you should know that the whole world is throwing a lot of money now, but a large part of the money is not circulating at present, because the environment is not good and there are no good projects. Once the economy recovers, we can understand that money is better than it is now. Businessmen (including banks and all kinds of investors) have always been typical of drilling when there is a gap. When money is easy to earn, they will want to find money to expand proction. When they have money, they will invest on their own. If they have no money, they will seek loans to invest. Then the money will be spent on materials, labor and projects. This money will be diverted to other business entities, and then it will be diverted, and finally the whole society will have circulating live money. Moreover, e to the large amount of money scattered before, the total amount of money will be extremely huge, resulting in excess liquidity
at the same time, with the economic recovery, all kinds of important instrial resources will become hot again. Due to the economic crisis, the prices of various resources fell very low before. We all love to buy cheap things. For example, our country is now collecting copper. Just because of the impact of the economic crisis, fewer people have the strength to buy now. But once the economy recovers, everyone will have money to buy it, and because of the excess liquidity, there is still a lot of money. Another look, resources are quite cheap, so buy and save first. It's cheap for one person, but it's expensive for everyone. If you raise me, the price will go up to the sky
next, the price of crude oil, fuel, fertilizer and plastics, metallurgy and agriculture, metals and crops, and end consumer goods. Inflation will come out
economic recovery is absolutely welcome by the government, and inflation is absolutely not welcome. However, the demand for materials caused by economic recovery will inevitably lead to a structural rise in prices, which is a knot. So all governments that believe in western economics want moderate inflation to match economic development. Therefore, the main task in the future is to guide the development of moderate and controllable inflation
at this time, we need to deal with excess liquidity. We can't let too much money amplify inflation. The most common method is monetary policy, tightening money
the first specific measure is to raise the benchmark interest rate, so the deposit interest rate and loan interest rate calculated by the benchmark interest rate will increase. When the deposit interest rate is high, more people will save their money; The high loan interest rate makes the enterprise's loan cost increase, so the enterprise will consider whether the loan is cost-effective to restrain the enterprise investment
the second is to increase the reserve ratio of banks. The same amount of loans requires banks to deposit more deposits in the Central People's Bank of China, so the amount of bank loans will be reced when the deposits remain unchanged
the third is to increase the rediscount rate, but this is generally useless. Other means include fiscal policy, but I am not familiar with it, and it is generally not as effective as monetary policy
finally, the most difficult thing is to keep inflation within 3%, which should be considered by the central think tank. The most difficult thing is to control inflation. It's no use if it's too light. If it's too heavy, it will hinder the economy if there's not enough money. Therefore, the government's policy-making is very cautious. I think there should be a lot of economic data and a group of people's repeated arguments before it can be issued. This is not enough to guarantee that it will be suitable, but it will be revised frequently. How do you call me a citizen.
you should know that the whole world is throwing a lot of money now, but a large part of the money is not circulating at present, because the environment is not good and there are no good projects. Once the economy recovers, we can understand that money is better than it is now. Businessmen (including banks and all kinds of investors) have always been typical of drilling when there is a gap. When money is easy to earn, they will want to find money to expand proction. When they have money, they will invest on their own. If they have no money, they will seek loans to invest. Then the money will be spent on materials, labor and projects. This money will be diverted to other business entities, and then it will be diverted, and finally the whole society will have circulating live money. Moreover, e to the large amount of money scattered before, the total amount of money will be extremely huge, resulting in excess liquidity
at the same time, with the economic recovery, all kinds of important instrial resources will become hot again. Due to the economic crisis, the prices of various resources fell very low before. We all love to buy cheap things. For example, our country is now collecting copper. Just because of the impact of the economic crisis, fewer people have the strength to buy now. But once the economy recovers, everyone will have money to buy it, and because of the excess liquidity, there is still a lot of money. Another look, resources are quite cheap, so buy and save first. It's cheap for one person, but it's expensive for everyone. If you raise me, the price will go up to the sky
next, the price of crude oil, fuel, fertilizer and plastics, metallurgy and agriculture, metals and crops, and end consumer goods. Inflation will come out
economic recovery is absolutely welcome by the government, and inflation is absolutely not welcome. However, the demand for materials caused by economic recovery will inevitably lead to a structural rise in prices, which is a knot. So all governments that believe in western economics want moderate inflation to match economic development. Therefore, the main task in the future is to guide the development of moderate and controllable inflation
at this time, we need to deal with excess liquidity. We can't let too much money amplify inflation. The most common method is monetary policy, tightening money
the first specific measure is to raise the benchmark interest rate, so the deposit interest rate and loan interest rate calculated by the benchmark interest rate will increase. When the deposit interest rate is high, more people will save their money; The high loan interest rate makes the enterprise's loan cost increase, so the enterprise will consider whether the loan is cost-effective to restrain the enterprise investment
the second is to increase the reserve ratio of banks. The same amount of loans requires banks to deposit more deposits in the Central People's Bank of China, so the amount of bank loans will be reced when the deposits remain unchanged
the third is to increase the rediscount rate, but this is generally useless. Other means include fiscal policy, but I am not familiar with it, and it is generally not as effective as monetary policy
finally, the most difficult thing is to keep inflation within 3%, which should be considered by the central think tank. The most difficult thing is to control inflation. It's no use if it's too light. If it's too heavy, it will hinder the economy if there's not enough money. Therefore, the government's policy-making is very cautious. I think there should be a lot of economic data and a group of people's repeated arguments before it can be issued. This is not enough to guarantee that it will be suitable, but it will be revised frequently. How do you call me a citizen.
10. The appreciation of the local currency, first of all, will lead to changes in foreign trade, which is concive to import and not concive to export. Our country is a big exporter. Once the local currency appreciates, the export will drop sharply, which is very unfavorable to the development of domestic economy. This has led to a decline in the overall economy. Second, the appreciation of the local currency will also attract international capital into the country, and arbitrage through exchange rate means will lead to increased domestic liquidity, rising prices and economic bubbles, which will lay hidden dangers for the future economy. Once the appreciation of the currency ends and the depreciation begins, the economic bubble will burst. The economic crisis will break out. In 2006 and 2007, China's local currency appreciated greatly, and international capital made a lot of money in China. If the RMB continues to appreciate, they will have more profit margin
reflected in the stock market, it is a sharp rise and fall, just like in 2007 and 2008.
reflected in the stock market, it is a sharp rise and fall, just like in 2007 and 2008.
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