Macro hot spots

 

1, Hebei Province Metallurgical Association: Hebei Iron and Steel industry in June PMI was 56.7%, growth of 6.4 percentage points, the highest level in 15 months. This shows that the operating environment of steel enterprises in Hebei Province continues to improve, profit margins to further expand.

 

2, the economic reference: since mid-March, to further upgrade to limited loans, purchase, limit, limited business and sale of "five limits" measures, speculation on the residential speculation behavior. But the hot city prices are expected to have not yet reversed, the land prices are still rising significantly. The current property market is in a "weak balance" state, the market a little bit of trouble, are likely to break the situation, triggering a chain reaction.

 

3, the central bank: Tuesday does not carry out open market operations. This is the central bank for the eighth consecutive trading day to suspend the open market operations. The day there is no funds to expire, to achieve zero zero return of funds, but also the end of the previous nine consecutive trading days net return situation.