The interest rate hike in the United States is a foregone conclusion. For investors, they need to change their investment plans according to the interest rate hike in the United States. The interest rate hike in the US dollar means that the Fed raises interest rates, which means that the interest rate of American deposits has increased. When users invest or buy funds and stocks, they need to analyze the situation after raising interest rates.
The impact of the US interest rate hike on China in p>222 is as follows:
1 The Federal Reserve will raise interest rates and deposit more in banks, so the amount used for consumption in the market will decrease. Moreover, the pressure of RMB depreciation will rise, and the bull market in the bond market is unsustainable.
2 After the Fed raises interest rates, commodity prices denominated in US dollars will fall, for example, foreign oil prices will fall, which indirectly exerts a reaction to the adjustment of oil prices in China and has to be lowered.
3 The appreciation of the US dollar after the Fed's interest rate hike will lead to a short-term depreciation of the RMB, which will directly lead to the outflow of funds in China. Because the interest rate hike in the United States means that funds will return to the United States, the shortage of funds in the domestic market will inevitably lead to a decline in stock prices.
4 When the United States raises interest rates, people will consider putting their deposits in banks to earn interest. At the same time, the exchange rate of RMB against the US dollar will definitely rise, and the RMB will depreciate relatively.
All of the above are the impacts of the US interest rate hike on China in 222, which users need to analyze. It should be noted that the increase in interest rates in the United States will reduce the dollar in the market, which means the depreciation of the RMB. After raising interest rates, it will have a greater impact on the capital market, or it will trigger capital outflows. To put it simply, the tightening of the Fed's policies will lead to an increase in the interest rates of various maturities, and a large amount of foreign capital will inevitably flow out.
Summary: The interest rate hike by the Federal Reserve and the depreciation of the RMB have increased the pressure on the repayment of US dollar bonds, and the default risk of urban investment bonds has increased, which has also adversely affected the credit bond market. Moreover, the Fed's interest rate hike of 25 basis points will increase the borrowing cost of commercial banks to the central bank. The pressure of RMB depreciation will increase, and the bull market in the bond market will not be sustainable.