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Another cut! After the 7-day reverse repurchase rate was lowered 2 months ago, today the 14-day reverse repurchase rate was reduced by 10 basis points. How significant is the impact?
① The policy rate will be based on the 7-day reverse repo rate in the future. ② Since the news of the adjustment of the existing housing loan interest rate has been circulating for two weeks, there has been no official denial. Moreover, there has been a strong market demand, and most market institutions believe that it is only a matter of time for the formal operation and implementation.
Ping An Insurance's Xie Yonglin: Insurance capital is a prerequisite for becoming patient capital, and industry reform and innovation are still needed to enhance the long-term investment quality and effectiveness.
In Xie Yonglin's view, "long cycle", "high stability" and "large scale" are the three important characteristics of insurance funds, which also constitute the prerequisites for patient capital. Compared with other patient capital, the actual use of insurance funds also faces three major challenges.
There is no urgent need for a short-term downward adjustment. The September LPR quote remains unchanged. It is expected that the major policy interest rates may be lowered within the year to promote LPR adjustment.
①The main reason for the stable LPR interest rate in September is the pressure of banks' net interest margin, and the policy interest rate (7-day reverse repurchase rate) remains unchanged. ②Taking into account the current economic situation and price trends, the central bank may lower the main policy interest rate, that is, the 7-day reverse repurchase rate, by an estimated 10 to 20 basis points in the fourth quarter, which will guide the LPR quote to follow suit.
After the Fed cuts interest rates, multiple real estate stocks have strengthened. Will mortgage rates be further lowered?
① Influenced by the bullish factor of the Fed's interest rate cut, today's real estate stocks including Vanke, Jindi, Sunac, Shimao Group, and Jingfa International are strong; ② "The Fed's interest rate cut is expected to accelerate the implementation of China's reserve requirement ratio (RRR) and interest rate cuts, which will help further reduce the financing cost of enterprises. For the real estate market, the 5-year LPR is expected to be further reduced, and the cost of home purchase for residents may also decline."
After the Mid-Autumn Festival, the preferential interest rates for consumer loans from banks starting with the number "1" will gradually come to an end. 2.88% is still the mainstream, and industry insiders believe that in the long term, it will still rema
Although various commercial banks have launched consumer credit preferential activities, the optimal level of market consumer credit annual interest rate is still maintained at 2.88%. In order to increase the intensity of credit release, banks have lowered the interest rate of consumer loans and competing for new customers with price reduction has become a common practice in the consumer credit market. The interest rate center is in a downward channel, and consumer credit interest rates are expected to continue to decline, and the market consumer credit level may enter the range of the single digits.
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