Chapter 468: The Data Side Is Weak

"The Australian dollar exchange rate and China's economic data are positively correlated, and we have released a research report on the Chinese stock market in April, is it ......"

"The promotion of marketization is equivalent to injecting vitality, and the financial market tends to stabilize and be bullish, but the downside is also amplified......

"Regarding the impact factor of the appreciation of the Australian dollar, the capacity adjustment of China's secondary industry will be a bearish, and the industrial production index for the first quarter released on Thursday is not as ...... as the market expects."

After all, it is the second largest economy, and it has the world's largest reserves.

Looking at the Australian data alone, China can be said to be positively correlated.

To condense the data of the second economy into one factor, of course, the workload will not be light, Wang Nuo sat in his position, listening to Yuan Rongxin's series of analysis chains, and instantly felt that his head was big.

But...... As long as the mainstream and objective probability range is given, the overall impact will not have much impact, and the large variables give their own research and analysis reports, in fact, it has been completed.

Even to be precise, as long as a large impact factor is analyzed, Wang Nuo's research report is qualified for Green Corner.

What is a big variable? The exchange rate and the index of the two cities can be regarded as a single renminbi exchange rate, which has already condensed all the information on China's economic side.

"But the RMB is also stable and bullish, judging from the information side, it seems to be ...... now" Wang Nuo thought with a headache: "Thousands of miles of rivers and mountains are red." ”

The exchange rate of the renminbi against the US dollar, which has been optimistic since last year, is now close to 6.5, with an appreciation of about 5%.

Wang Nuo's headache is that the foreign exchange market is not necessarily good, and the bad is not necessarily bad.

The simplest example is the U.S. non-farm payrolls data, which is good a lot of times, and then ...... The dollar pulls a long black candle for you, and investors are dumbfounded, and the explanation is that "the expectation is digested in advance" or "it represents the end of the positive" and so on.

For financial investors, staring at the exchange rate is staring at hell, a bad one, it can rise or fall, a good one, or it can go up or down, playing with wool?

This is the most chaotic market, but also the bloodiest battlefield, no matter what information, will eventually be reflected in the word "exchange rate".

It stands to reason that with the current domestic economic situation, Wang Nuo can directly give the conclusion that "the Chinese market provides a positive impact factor for the appreciation of the Australian dollar", but the pit is that if you dare to give, you will die.

The exchange rate of the Australian dollar against the US dollar is now below 0.85, and the Australian dollar has also appreciated relatively all the way in recent years.

As we all know, the accumulation of chips, unilateral market, and touching the critical point will fall off a cliff in reverse.

The market is betting on the data tipping point of the Australian dollar, 0.85 or 0.9, 0.95 or even ...... Break 1?

Just because it's worth more than the dollar doesn't mean it's stronger than the dollar, but the Australian dollar certainly doesn't have much of a basis to support this data, which is dictated by the overall economic system.

In addition, in the Australian dollar system, there are so many variables that insiders have begun to pay close attention to, and people in the industry have even shouted out the possibility of "breaking 1", and then ...... There are also quite a few shorts.

"First of all, if my $20 million is transferred to an international account and then operated, it will probably start in early May, and Green Corner is also in the project preparation stage, so ......" Wang Nuo thought of this very easily: "I can cut a lot of variables on this timeline." ”

"The first half of the research report is absolutely accurate, but it is impossible to do a half-month research report, and it must be included in May, and in May, by the way, you can also get your own investment?" Wang Nuo hesitated again, and made a decision in an instant: "Then the research report in May, the reduction of variables should be as little as possible." ”

"What will happen to the market in mid to late April? How will it change in May?" With these questions in mind, Wang Nuo continued to communicate with Yuan Rongxin, and it happened that he had a series of information given by Tyrone in his hand, and he had all the data he wanted.

Due to the honest pen used in the early research report on the domestic stock market, Wang Nuo knew that the two markets rose slightly in April, coupled with the derivation of fundamentals and other variables, simply looking at the "impact of the Chinese factor on the Australian dollar exchange rate", Wang Nuo is inclined to give a positive answer.

Yuan Rongxin and Ye Yaohua also feel that there is nothing wrong with it, as Australia's largest trading partner, China is good is Australia, this is no problem.

In the financial market in May, everyone is more cautious, although whether it is Wanli or Tyrone and other financial institutions are inclined to continue to be optimistic, but the medium-term variables, including Wang Nuo, most people have smelled the smell of capital risks, and cautious optimism is the mainstream.

Moreover, under the change of information and strategy, the domestic industrial production index in April may obviously decrease, and various economic data are also bullish and bearish.

Finally, looking at it in a U-round way, is it really good? Will it affect the appreciation? The foreign exchange market is so complicated, even if the green corner does not deliberately ask for it, but in addition to the factors provided by China, it is best to use the Australian dollar as the core of the research report.

In mid-to-late April, the Chinese market had a positive impact on the value of the Australian dollar, but did the Australian dollar appreciate or depreciate? This is an additional question, and Wang Nuo's answer is...... Take a test.

If you don't talk about the outline of the answer that will take you five or six days to get out, since it will definitely not cause additional energy consumption, why not know the result first, and then deduce it the other way around?

"In mid-to-late April, the Australian dollar appreciated. When Yuan Rongxin and Ye Yaohua left and he was the only one left in the room, Wang Nuo began to "analyze" on his own.

What made Wang Nuo almost fall was that this line of words did not stay, that is...... Depreciate?

"It doesn't make sense. After testing various data and changes in the Chinese market, looking at the situation that is obviously providing a positive impact, and then thinking about the ending of the depreciation of the "kangaroo", Wang Nuo immediately knew it...... Here's the problem.

The East is influencing, but the "kangaroo" is more or less kneeling, so ...... Is it the West?

The dollar has been weakening for a while and has bottomed out?

Is the other currencies strong, or are the kangaroos dying on their own?

Or is there another wave of explanations in the market, such as "good is exhausted" and "there is no support in the medium and long term"?

For two days in a row, after spending dozens of points of energy, Wang Nuo finally came to a conclusion, a god-like conclusion: the data surface is weak.

Changing to the opinion of the research report, that is: although the small benefits continue, I still feel that the "kangaroo" should kneel.