Economic Overview - Domestic demand is recovering while external demand is declining, with a faster pace of recovery in the industrial sector[1] - The real estate market shows signs of recovery, with a seasonal decline in land transactions and an increase in commodity housing sales[6] Price Trends - Crude oil spot prices have rebounded, while coking coal prices are fluctuating and cathode copper prices have decreased[6] - The cement price index has risen to 125, reflecting a 17.9% year-on-year increase[11] - Vegetable prices have decreased, while industrial product prices have rebounded, indicating inflationary pressures[6] Financial Indicators - The 10-year government bond yield has fallen to approximately 2.14%, while the 1-year bond yield has increased[6] - The RMB has depreciated slightly against the USD, with the exchange rate showing a 1.5% decline[11] Demand Insights - The sales area of commercial housing has increased, but sustainability remains to be observed[9] - Prices of building materials and glass have risen, indicating a potential recovery in construction activity[9] Export Dynamics - The shipping price index has mostly declined, reflecting challenges in the export sector[10]
宏观高频数据周报:政策发力,投资回暖
Guotai Junan Securities·2024-10-14 01:28