Group 1 - The People's Bank of China emphasizes that it does not seek to gain international competitive advantage through currency devaluation, highlighting that a country's competitiveness relies on real strength rather than currency manipulation [1] - The contrast in performance between the US dollar and the Chinese yuan is notable, with the dollar index dropping 11% from above 109 to around 97, while the onshore yuan has appreciated over 1.8% against the dollar since the beginning of the year [1] - Historical evidence suggests that countries relying solely on devaluation to stimulate exports often fall into a vicious cycle of rising import costs and inflation, which ultimately diminishes purchasing power [1][2] Group 2 - China's commitment to not relying on devaluation for competitive advantage aligns with its transition towards high-quality development, focusing on industries like new energy vehicles and high-end equipment through R&D and industrial collaboration [2] - A stable exchange rate environment is essential for supporting imports, domestic demand, and technological exchanges, which are crucial for industrial upgrades in the context of the "dual circulation" development strategy [2] - The stability of the yuan is supported by strong domestic economic fundamentals, with a GDP growth of 5.4% in the first quarter and a net inflow of approximately $100 billion in cross-border funds over five months [3]

Core Viewpoint - The conflict between Iran and Israel is escalating, leading to noticeable changes in currency exchange, communication, and security at the border areas, indicating the spillover effects of the conflict [1] Currency Impact - Currency exchange merchants at the Kapikoy border have started to refuse Iranian rials, with only a few still exchanging them [1] - The Iranian rial has depreciated by over 20% as the conflict intensifies [1]

今天a股成交6400亿，继续缩量，但是涨跌幅表现很好，中位数+2.55%，近4600只股票上涨。到了收盘的时候，证券媒体各种醒目标题，大奇迹日，超级 逆转，绝地大反击，看起来是久违的狂欢。 但我心里面其实是有些怀疑这些搞标题的编辑，自己本人到底有没有在炒股......涨完了也才2972点，这奇迹个der啊。成交量低迷成这个样子，除了少数还 在坚持做短线的，那些一路扛下来的股民对于今天回的这点血只有呵呵。 说来也奇怪，前两天官军日均百亿奋力护盘也止不住下跌，今天没咋买，反而就涨起来了。之前绵绵不绝的抛盘今天突然消失了，所以你们看就那么点买 盘也能把大盘抬起来。 …… 今天财经热搜头条是北京楼市进一步松绑，简单总结就是首套首付降到20%，利率降到3.5%，家里孩子多胎的二套算首套。另外二套、郊区的房子也顺势 跟进宽松，就不展开细表了。 这次政策没有惠及存量房贷，所以只是鼓励观望的需求下场，像我们这些被锁牢30年的老韭菜直接无视。至于优惠的力度只能说还行吧，无论是首付还是 利率，都和我2016年买房时的条件相当，我当时的房贷利率85折，后来跟着LPR下浮，现在就是3.5%左右。 限购还是没有取消，首都的架子还端着， ...