Is China's interest rate cut futures bullish or bearish?
It belongs to Lido. Cutting interest rates means reducing the cost of capital. The stock market will open higher first, and stock index futures will also open higher. Reducing the cost of capital is conducive to enhancing the vitality of various industries, and the demand for most futures products will increase, which is conducive to higher prices. However, the futures market is very different from the stock market. Interest rate cuts will lead to higher stock market groups. In the futures market, it will be more polarized, the strong will be strong and the weak will be weak. Because in the stock market, only by pulling up can you make money, and more money will naturally rise. In the futures market, you can make money by going long and short. If we have more money, the strong will always be the strong and the weak will always be the weak.