currency vs cryptocurrency, Overview

Today, when I woke up, news came from the external market information. China's assets shrank slightly, and the Nasdaq China Jinlong Index closed down 0.74%. FTSE A50 closed down 0.01% for the night; The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing; The offshore RMB fell 212 points against the US dollar from late new york on Tuesday.A-share: China's assets have shrunk slightly. Is the A-share market going to pull back today?Today, when I woke up, news came from the external market information. China's assets shrank slightly, and the Nasdaq China Jinlong Index closed down 0.74%. FTSE A50 closed down 0.01% for the night; The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing; The offshore RMB fell 212 points against the US dollar from late new york on Tuesday.

A-share: China's assets have shrunk slightly. Is the A-share market going to pull back today?Today, when I woke up, news came from the external market information. China's assets shrank slightly, and the Nasdaq China Jinlong Index closed down 0.74%. FTSE A50 closed down 0.01% for the night; The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing; The offshore RMB fell 212 points against the US dollar from late new york on Tuesday.Third, if the RMB exchange rate falls and the US dollar index is strong, the RMB exchange rate will bear the pressure brought by the strong US dollar, which will bring some disturbance to the A-share market. Such disturbance will affect market sentiment and affect the return of incremental funds, which is very unfavorable for the market trend.

In short, when I woke up today, I learned that China's assets have shrunk slightly. I can basically conclude that today's A-share market is not optimistic, which may indicate that today's A-share market is likely to usher in a correction. The above are personal opinions, for reference only, and do not constitute any investment advice. The stock market is risky and investment needs to be cautious.A-share: China's assets have shrunk slightly. Is the A-share market going to pull back today?