特朗普罢免美联储理事，A股缩量十字星

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - Overseas, Trump's actions regarding the Fed have short - and long - term impacts on the capital market. If he succeeds, it may lead to a triple - kill situation in the US stock, bond, and foreign exchange markets. The market is currently observing the event's development [1][2][4] - In the domestic A - share market, the Tuesday market showed a volatile and differentiated trend. The large - financial weights dragged down the market, and although hot topics were active, they did not form a sector effect. The market is in a normal volatile and momentum - building stage. The capital bull market trend is hard to end easily. In the short term, if the market cannot break through 3900 points and as September 3 approaches, there may be fluctuations, with an estimated range of 3700 - 3750. Currently, it is advisable to avoid micro - cap stocks and focus on core blue - chip dividends that may have supplementary gains [2][12] 3. Summary by Relevant Catalogs 3.1 Market Views 3.1.1 Overseas Overnight - US consumer confidence index in August was 97.4, higher than the expected 96.2 but lower than the previous value of 98.7. The annual rate of the unadjusted housing price index of 20 major US cities in June was 2.1%, in line with expectations but lower than the previous value of 2.79%, indicating a marginal slowdown in US consumption and real estate [1][4] - Trump's attempt to remove Fed Governor Cook and the government's consideration of influencing local Fed plans have different impacts on the overnight market. In the long term, it affects the Fed's independence; in the short term, it raises the expectation of a Fed rate cut, leading to a decline in the US dollar index, a steeper US bond yield curve, a rise in gold prices, a collective rise in the three major US stock indexes, an increase in the Nasdaq Golden Dragon China Index, and an appreciation of the offshore RMB exchange rate [1][4] 3.1.2 Domestic Market Review - On Tuesday, the Shanghai Composite Index opened lower and fluctuated, falling 0.39%, the Shenzhen Component Index rose 0.26%, and the ChiNext Index fell 0.76%. The market showed a volatile and differentiated trend. The large - financial weights dragged down the market, and hot topics were active but did not form a sector effect. The consumer electronics sector was unevenly distributed, and the market was more of independent trends of strong individual stocks [2][5] - In terms of sectors, agriculture, forestry, animal husbandry, and fishery, beauty care, basic chemicals, and media led the gains, while medicine and biology, non - bank finance, steel, and military industries led the losses. There were 2802 rising stocks and 2469 falling stocks in the whole market. The State Council issued the "Opinions on Deeply Implementing the 'Artificial Intelligence +' Action", which is beneficial to the growth of the technology sector [2][5] 3.1.3 Important Information - Fed - related: Trump's government is considering influencing local Fed plans and reviewing the selection method of local Fed presidents. Cook's lawyer has sought a judicial ruling on the dismissal, and both the Fed and Trump said they will follow the court's decision. Trump said he has a replacement in mind and may transfer Milan to another long - term position at the Fed. Former White House economic advisor Brainard said Trump's action is an unprecedented attack on the Fed, which may lead to rising inflation and long - term interest rates, and Barkin predicted a mild adjustment of interest rates [6] - Tariff - war - related: Trump said furniture tariffs will be introduced soon and will be very high, and will implement export restrictions and tariff measures against foreign digital taxes. The US has agreed in principle to exempt Indonesia's palm oil, cocoa, and rubber from 19% tariffs. German media reported that Trump called Modi at least four times recently but was rejected each time [7][8][9] - Other: The US Secretary of Commerce is studying potential equity investment opportunities in the defense and other industries. Trump said he may visit China this year or as soon as possible, and the Ministry of Foreign Affairs responded. The Ministry of Foreign Affairs also responded to questions about the meeting between Chinese and US officials. Trump plans to impose about 200% tariffs on Chinese rare - earth magnets, and the Ministry of Foreign Affairs responded. The State Council issued the "Opinions on Deeply Implementing the 'Artificial Intelligence +' Action", and the oil price dropped for the seventh time this year, with about 7 yuan less to fill a tank [9][10][11] 3.1.4 Today's Strategy - Overseas, the game between Trump and the Fed has short - and long - term impacts on the capital market, and the market is observing. If Trump succeeds, it may lead to a triple - kill situation in the stock, bond, and foreign exchange markets. In the domestic A - share market, the Tuesday market is in a normal volatile and momentum - building stage. The capital bull market trend is hard to end easily. In the short term, if the market cannot break through 3900 points and as September 3 approaches, there may be fluctuations, with an estimated range of 3700 - 3750. Currently, it is advisable to avoid micro - cap stocks and focus on core blue - chip dividends that may have supplementary gains [12] 3.2 Futures Market Tracking - The report provides detailed data on the performance, trading volume, and positions of various futures contracts such as the Shanghai 50, CSI 300, CSI 500, and CSI 1000, including closing prices, settlement prices, price changes, trading volume changes, and position changes [14][15] 3.3 Spot Market Tracking - The report presents the performance of the spot market, including the current points, daily, weekly, monthly, and annual price changes, trading volume, and other data of various indexes such as the Wind All - A, Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, as well as the performance of different sectors [36] - It also analyzes the impact of market styles on the Shanghai 50, CSI 300, CSI 500, and CSI 1000 indexes, and provides valuation data of important indexes and Shenwan sectors [37][38][39] 3.4 Liquidity Tracking - The report provides information on central bank open - market operations and Shibor interest rates, including currency issuance, currency withdrawal, and net currency issuance, as well as different - term Shibor interest rates [51][52][53]