Meanwhile, there are still many economists, even some Fed policy makers on the second stimulus was questioned. There are three areas in which the Federal Reserve Bank had expressed doubts about the measure, they Fed policy-making departments, the Federal Open Market Committee (FOMC) holds voting seats.
A-share market of geometry?
For the A-share market, a rebound in the dollar increases the probability of the case, taking into account such as coal, non-ferrous metals leading the way prices of resource stocks are likely to face greater short-term pullback risk, while the weight of such stock is shares, therefore, A-share market will face some adjustments recent pressure.
Analysts said that this does not necessarily mean that the broader market in the next great fall. On the one hand, from a liquidity point of view, if the dollar rebound was established, although the risk of hot money will have to retreat, but the household savings, the property market moving funds, and more easy credit, which can support maintenance of the more active trading market situation; other On the one hand, from September to the economic data, macro-economic "soft landing" is expected to further enhance the domestic economy endogenous growth momentum can be brought to the performance of listed companies increased, and then bring support to the overall market.
Thus, while there are large shocks to adjust short-term market risk, but more likely is that the impact of investor sentiment in the short, do not face liquidity and economic fundamentals "double play" of the bear market environment. As long as future inflation trend is still manageable, the index fell in the space will not be great.
In addition, Standard Bank's currency strategist Stephen? Baron said, even if the Fed announced that the quantitative easing measures smaller than expected, the dollar is unlikely to significantly bounce. More analysts believe the weak dollar trend will not change, resource stocks, the overall trend in prices is difficult to change the future, so adjustments should be phased.
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