representative of the seven-day repo rate has dropped to 2.69% TERA Power Leveling representative

Boshi Fund: policy toward steady growth expectations should not be too high Since May, the political and economic bad news after another at home and abroad, finally led to the world's major stock indices depth of the callback. Macro-policies of the Boshi Fund Manager Wei Fengchun, whether foreign or domestic wow power leveling, short decisive factors in the market continued to be political or policy around, this place is the most difficult to grasp the vast number of investors. Economic down cycle power TERA Power Leveling, stability of growth or the Government were forced toGive investors the Government "steady growth" policy expectations should not be too high. Wei Fengchun believes that economic down cycle power, steady growth SWTOR Power Leveling, or the Government were forced to move. The premier 19th "trustworthy growth in a more important position", which is widely expected to respond to. Noting "steady growth" and "growth" of differences, moderate economic policies boosted can look forward to. Although it is"Steady growth" in a more important position, the Government of the other hand also rebound in housing and local government debt, so now with no medicine. Launched under article 14 of the railway Ministry reform, promote investment in railway construction enterprises, might be a positive sign. In short, if the Government is to launch a mild stimulus, will not be able to hold the cycle under impact, policies will changeEconomic running of rhythm, or hard to change the medium and long term economic growth trends. Therefore, the Government "steady growth" policy expectations should not be too high. In his view, the European economy came close to tighten the edge financial conditions continue to deteriorate. EU GDP per cent y/y to zero growth in the first quarter, 17 countries in 9 countries of the eurozone economy is tightening. Greece, and Spain, commercial bankIs going through a serious run, last week the banks lost billions of euros. Despite the worsening economic and financial environment, members of the European Union internal political divisions have deepened, Member States internal political factions of the game increased, differences of opinion between Member States become increasingly frequent, these are or will continue economic chaos in the financial markets of the European Union. The EU economy as a whole in the second quarter the recessionMore likely. Wei Fengchun pointed out that Chinese economic growth fell back as investors feel disturbed. April industrial output growth rate of only 9.3%, sharply lower than expected. April's PPI index is almost the whole industry down, power consumption plunged confirms a significant slowdown in economic growth. Due to lack of capital needs of the real economy, domestic resources 2011 year since the easing of State, representative of the seven-day repo rate has dropped to 2.69%, its lowest level since April 2011. Currently have sufficient funds of State and at the end of 2008 and early 2009. Despite interest rate cuts expected to clear, but May inflation was still 3% more than likely, the Central Bank may not be easily cut. Moreover, whenReflected interest rate cuts expected in front of market interest rates, interest rate cuts or had no decisive influence on the economy. Economic growth, monetary policy may not be clear. Others:

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