Exchange rate: The impact on the stock index futures market has two aspects. Taking the appreciation of local currency as an example, on the one hand, the rise of exchange rate will lead to an increase in imports and a decrease in exports, which will affect stock index futures by affecting export enterprises; On the other hand, the rise of exchange rate may reduce the interest rate in the domestic market, which in turn will affect the stock index futures.
Interest rate: The impact on the stock index futures market is very obvious. The rise of interest rate will directly affect the amount of funds invested in the futures market, which will lead to the decline of the futures index. On the contrary, falling interest rates will lead to capital entering the stock market, and the stock market price will rise.
Public sector loan demand: it is the difference between government expenditure and government revenue, reflecting the government's financial situation, and also an indicator of short-term interest rates. The government's balance of payments must usually be made up by issuing bonds. Therefore, if the demand for loans from the public sector rises and the government needs a lot of loans, it will lead to an increase in interest rates and adversely affect the stock index futures market.
Balance of payments: an indicator of the difference between the inflow and outflow of funds in a country. Capital inflows mainly include the value of exported goods and services, while intangible capital inflows such as interest, profits and dividends mainly include the value of imported goods and services and intangible capital outflows.
Generally speaking, if there is a deficit in the balance of payments, it will cause depreciation pressure on the exchange rate, so it is necessary to raise interest rates to support the exchange rate, which will have an adverse impact on the stock index futures market. On the contrary, the balance of payments surplus has a significant bullish impact on the stock index futures market in the short term.
Money supply: it is an important indicator that affects the stock market. If so, a substantial increase in the money supply will lower interest rates, thus pushing up the stock index.
Risk disclosure: This information does not constitute any investment advice. Investors should not use this information to replace their independent judgment, or make decisions only based on this information. If they operate by themselves, please pay attention to position control and risk control.