Days of treatment fund in August was better than expected macroeconomic data optimistic about China's macroeconomic

 Concern in August after another major economic data released, the overall performance was better than market expectations. By the real estate market rebound and the central stimulation of investment, industrial output up 12.3 8%, 7% better than the first half and 7 month 10.8%. 4 consecutive months of year on year growth rate accelerated growth and a recovery in the chain.
by investment in infrastructure projects and real estate development and investment-led, in August to maintain the high fixed-asset investment growth of 33%, which increased investment in a single month rate rose to 33.6%, higher than July's 29.9%. month, strong growth in real estate development and investment 34.3%, a record high of 14 months.
wealth effect in the stock market and real estate market rebound, driven by sales of consumer goods still amounted to maintain steady growth, August growth rate reached 15.5% in the name, we expect consumption growth to remain steady follow-up.
chain food prices rise, up to positive since the first time since February,cheap UGG boots, driven up by August CPI rate rose sharply -1.2%; PPI year also rose to -7.9%. CPI and PPI up although still in the deflation stage,UGG boots cheap, but on a monthly growth rate has picked up both to positive, indicating the actual further reduce deflationary pressures.
we are optimistic about China macroeconomic, next year may enter the hot stage. the future will confirm the stock market upward momentum to enhance the recovery of the valuation results support the change. and liquidity from the market point of view, even when the economy overheating and inflation, further improvement in recurrence, the market liquidity of driving force to complete the hot money from the loans and demand deposits of the conversion. (days Governance Fund Geng Guang Qi)
day governance funds: central bank will gradually increase the intensity of attention to short duration varieties withdrawn from circulation
exchange bonds this week oscillation index falling all the way, the final full week down 0.02%, turnover decreased from last week; Exchange index continued to show a narrow range of corporate debt consolidation trend, closing down 0.04% to close last week, trading volume continued to shrink last week. inter-bank market from fixed-debt yield curve view, the short end of yield decline in 1-3 year yields 2-3 BP, 5-year yield was essentially flat last week, 7-10-year yields upward in the 1-2BP about.
view from the macro side, macroeconomic data for August released this week, where in August the consumer price (CPI) fell 1.2%, a decline of 0.6 percentage points last month to narrow, narrow down the rate of decline than expected; agency previously forecast for the year fell 1.4%. decline was mainly due to narrowing of pork, food prices and the price of crude oil and other raw materials, direct push CPI and PPI slowed down. August, other data such as: Fixed asset investment, industrial added value, PMI and other data base in line with market expectations.
see from the open market operations,Bailey UGG boots, WIND statistics show that the central bank open market operations continued this week with a net run trend, total net invest 400 billion to the market, has been maintained for two consecutive weeks of net invested capital to the market.
open market operations this week, the central bank through repurchase of 91 instead of 28 Tengen Tengen repurchase, which is suspended in mid-July from 91 days to restart again since the buy-back mainly into the market in September after the increase in the amount of money due, the central bank through repurchase species longer locked funds to reduce the pressure on short-term withdrawn from circulation. But the rule of the market shares in issue, the central bank this week, or to market funds invested 400 billion. We expect the end issued as large-cap stocks, the central bank will gradually increase the intensity withdrawn from circulation. from the primary market distribution situation, short term interest rate products sought after by the market,Discount UGG boots, period of subscription ratio significantly higher than varieties of long high, with the price of pork and other sensitive elements of CPI rising, the market is expected to intensify in the years of inflation, so from the perspective of shorter duration, short-term varieties will continue to be the market's attention. (day rule Base Jinhe Yun)