"你最近看过英镑汇率吗？我上周换钱的时候才发现，1英镑居然要9块多人民币，这波操作是不是有点慌？"朋友这么跟我抱怨，我心里也咯噔一下。是啊， 现在出国留学、旅游或者在海外网购的人越来越多，汇率直接关系到你到底多花还是少花钱。今天我们就好好聊聊，最近英镑对人民币到底怎么样，手里的 钱该怎么换最划算。 什么时候换英镑最划算 很多人纠结，是一次性换够用的，还是分批换比较好？我给你讲讲我自己的经验。最近我每个月固定换一点英镑，用来网购和偶尔旅游。结果发现，即使汇 率有波动，总体成本比一次性全换要低不少。原因很简单，汇率就像股市，不可能永远往一个方向走，分批换可以平摊价格。 再说了，如果你一次性换太多，万一汇率突然跌，那亏的钱心理上也很明显。比如手里有5万人民币，一次换成英镑，如果汇率下降5分钱，损失就是几百 块。分批换就能减轻这种压力。 英镑对人民币的最新走势 截至目前，1英镑大约等于9.537元人民币。换算一下，如果你手里有100英镑，折成人民币就是大约953元多一点。听起来是不是比之前高了不少？其实过去 几个月里，英镑汇率一直有波动，有时候会冲到9.6元，有时候又跌到9.4元上下。 我碰到一个朋友，他计划去英国旅 ...

Group 1 - The core discussion revolves around the changing economic growth rates of China and the United States, particularly noting that China's growth appears to have slowed relative to the U.S. since 2021 [1][4] - In 2021, China's GDP was approximately 76% of the U.S. GDP, marking the closest economic scale to the U.S. since World War II [3][4] - By the end of 2024, China's GDP relative to the U.S. is projected to drop to about 64%, a decrease of over 12 percentage points in three years [4][6] Group 2 - The nominal GDP, which accounts for inflation, is a critical factor in comparing the economic growth of the two countries [6][8] - China's inflation rates have been very low during the pandemic years, with CPI growth around 0.1% to 0.3%, while the U.S. experienced significant inflation, peaking at over 8% [6][8] - The World Bank's purchasing power parity (PPP) method shows that China surpassed the U.S. GDP in 2014 and has continued to grow faster relative to the U.S. since then [6][7] Group 3 - In terms of global GDP share, China's proportion has increased from about 5.3% in 2006 to nearly 17% by 2024, while the U.S. share has remained stable around 26% [10]

Group 1 - U.S. Congress leaders are set to meet with President Trump to discuss a short-term spending bill, with a government shutdown looming if an agreement is not reached by Tuesday [1] - Trump threatens to impose a 100% tariff on films produced outside the U.S. and high tariffs on furniture not made in the U.S. to boost domestic industries [1] - The New York Fed President Williams indicates that current policies remain tight to control inflation, with a long way to go to achieve the 2% inflation target [1] Group 2 - The SEC Chairman Atkins announces plans for "minimal regulation" and to expedite the proposal to eliminate quarterly earnings reports for companies [2] - Japan's central bank member Noguchi states that Japan is making steady progress towards its 2% inflation target, making the adjustment of policy rates more urgent than ever [2] - A joint statement from the U.S. Treasury, Swiss Treasury, and Swiss National Bank reaffirms that they will not use exchange rates as a competitive target [2] Group 3 - The Dow Jones Industrial Average rose by 0.15% to 46,316.07 points, while the S&P 500 increased by 0.26% to 6,661.21 points, and the Nasdaq Composite climbed by 0.48% to 22,591.15 points [3] - COMEX gold futures increased by 1.42% to $3,862.90 per ounce, and silver futures rose by 0.97% to $47.11 per ounce [3] - U.S. oil futures fell by 3.86% to $63.18 per barrel, and Brent crude futures dropped by 3.51% to $66.79 per barrel [3] Group 4 - The U.S. dollar index decreased by 0.26% to 97.94, while the euro and pound both appreciated against the dollar [4] - The CFETS RMB exchange rate index rose by 0.61% to 96.97, marking a new high since April [4]

Group 1 - The central bank of Pakistan reported an increase in foreign exchange reserves by $22 million for the week ending September 19, bringing total reserves to $14.38 billion [1] - The total national foreign exchange reserves reached $19.79 billion, with commercial banks holding net foreign exchange reserves of $5.41 billion [1] - The Pakistani Rupee appreciated slightly by 0.01% against the US dollar, closing at 281.41 on September 25, marking a cumulative appreciation of 0.84% since July [1] Group 2 - The price of gold in Pakistan decreased significantly on September 25, aligning with trends in the international market [1]

Core Insights - The Brazilian Central Bank's latest Focus Report indicates stable market expectations for inflation, economic growth, interest rates, and exchange rates for 2025 [1][3] Inflation - The market predicts a 2025 inflation rate of 4.83%, consistent with the previous week and slightly lower than the 4.86% forecast four weeks ago [1] - For 2026 and 2027, inflation expectations are 4.29% and 3.90%, respectively [1] - In August, Brazil experienced its first deflation since August 2024, with the Consumer Price Index (CPI) decreasing by 0.11% month-on-month, and the National Consumer Price Index (INPC) dropping by 0.21% [1] Economic Growth - The expected GDP growth for Brazil in 2025 is 2.16%, unchanged from the previous week and slightly lower than the 2.18% forecast four weeks ago [1] - Growth expectations for 2026 and 2027 are 1.80% and 1.90%, respectively [1] Interest Rates - The market anticipates that the benchmark interest rate (Selic) will remain at 15% in 2025, marking the 13th consecutive week without change [1] - Expected interest rates for 2026 and 2027 are 12.25% and 10.50%, respectively [1] Exchange Rates - The market forecasts the USD/BRL exchange rate to be 5.50 by the end of 2025, slightly lower than the previous forecast of 5.59 [2] - Predictions for 2026 and 2027 remain at 5.60 [2] - The current spot exchange rate is approximately 5.32 [2] Market Sentiment - The Focus Report reflects market confidence in the economy, with the Central Bank's monetary policy committee noting increased risks for emerging markets due to global economic slowdown, U.S. policy uncertainty, and geopolitical tensions [1][3]

Core Points - The GBP/USD exchange rate has fallen below 1.3454, marking a decline of -0.5029% [1] - The current exchange rate represents a four-month low and a 43-month high [1] Exchange Rate Summary - As of 19:52 on September 24, 2025, 100 RMB exchanges for 10.4220 GBP, or conversely, 100 GBP exchanges for 959.6008 RMB [1] - The current USD exchange rates are: buying price (spot) at 711.4900, buying price (cash) at 711.4900, selling price (spot) at 714.4800, selling price (cash) at 714.4800, and the Bank of China conversion rate at 711.4900 [1]

Report Summary 1. Overall Information - Report Title: Galaxies Non - ferrous Metals R & D Report - Non - ferrous and Precious Metals Daily Morning Observation - Date: September 23, 2025 2. Industry Investment Rating No industry investment rating is provided in the report. 3. Core Views - The precious metals market shows strong upward momentum, with gold hitting a new high and silver reaching its highest level since May 2011. The market is influenced by factors such as Fed interest rate expectations, geopolitical conflicts, and inflation concerns [2]. - The copper market is affected by macro - factors and supply - demand fundamentals. Although there is potential for further interest rate cuts, there are differences among policymakers. Supply is tight, and consumption shows a "peak season is not prosperous" situation [6][8]. - The alumina market has a weak fundamental trend, with domestic and foreign spot prices falling in resonance, and the import window opening slightly [11][13]. - The casting aluminum alloy market has a positive market expectation, with alloy ingot spot prices remaining stable and slightly strong [16][18]. - The electrolytic aluminum market is affected by Fed interest rate policies and domestic downstream demand. After the price correction, attention should be paid to the downstream stocking sentiment before the holidays [21][23]. - The zinc market has support at the bottom in the short term, and the price is expected to fluctuate within a range, mainly due to the potential reduction in domestic supply and the downstream pre - holiday stocking demand [25][26]. - The lead market has a situation where long and short factors are intertwined, and the price is expected to remain volatile at a high level [29][31]. - The nickel market maintains a wide - range oscillatory trend, with supply increasing faster than demand, and the price is affected by factors such as news from Indonesia and the Philippines [33][36]. - The stainless steel market is expected to remain oscillatory, with supply pressure above and support below due to factors such as production scheduling, inventory, and cost [39][42]. - The industrial silicon market may continue to correct in the short term, and the impact of polysilicon production scheduling and market sentiment on the price is greater [44][46]. - The polysilicon market has a long - term upward trend in spot prices, and the best strategy is to wait for the price to correct sufficiently before going long [48][50]. - The lithium carbonate market is expected to be oscillatory and slightly strong in the short term, with supply and demand both being strong [52][55]. - The tin market is expected to remain oscillatory at a high level, with tight supply at the mine end and weak demand [57][60]. 4. Summary by Metal Precious Metals - **Market Review** - Gold: London gold rose by over $60 during the day, hitting a new high of over $3740, and finally closed up 1.67% at $3746.63 per ounce. Shanghai gold futures rose 1.46% to 850.98 yuan per gram [2]. - Silver: London silver reached its highest level since May 2011, closing up 2.38% at $44.02 per ounce. Shanghai silver futures rose 1.77% to 10348 yuan per kilogram [2]. - Dollar Index: It first rose and then fell, ending a three - day winning streak, closing down 0.38% at 97.30 [2]. - US Treasury Yield: The 10 - year US Treasury yield continued to rebound, closing at 4.151% [2]. - RMB Exchange Rate: It fluctuated within a narrow range, closing down 0.07% at 7.1138 [2]. - **Important Information** - Fed officials' views are divided on further interest rate cuts. The probability of the Fed maintaining the interest rate unchanged in October is 10.2%, and the probability of a 25 - basis - point cut is 89.8%. In December, the probability of maintaining the interest rate unchanged is 1.7%, the probability of a cumulative 25 - basis - point cut is 23.1%, and the probability of a cumulative 50 - basis - point cut is 75.3% [2]. - **Logic Analysis** - After the Fed cut interest rates by 25 bps last week, the expectation of two more cuts this year remains high. The risk of stagflation in the US still exists, and geopolitical conflicts occasionally emerge, driving gold prices higher. Silver shows greater upward elasticity [2]. - **Trading Strategy** - Unilateral: Continue the low - buying idea. - Arbitrage: Wait and see. - Options: Collar call options [4]. Copper - **Market Review** - Futures: The night - session Shanghai copper 2511 contract closed at 80100 yuan per ton, down 0.02%. The Shanghai copper index decreased by 6971 lots to 470,600 lots. LME copper closed at $10002 per ton, up 0.06% [6]. - Spot: LME inventory decreased by 2275 tons to 145,300 tons, and COMEX inventory increased by 1511 tons to 318,200 tons [6]. - **Important Information** - Sino - US leaders' phone call improved market sentiment. Fed officials have different views on further interest rate cuts. Argentina plans to develop copper resources [6][8]. - **Logic Analysis** - Macro - factors are positive, but there are differences among policymakers on interest rate cuts. Supply is tight due to production accidents and other reasons, and consumption is weak [8]. - **Trading Strategy** - Unilateral: The copper price may consolidate at a high level in the short term. - Arbitrage: Continue to hold cross - market positive arbitrage positions. - Options: Wait and see [9]. Alumina - **Market Review** - Futures: The night - session alumina 2601 contract decreased by 28 yuan to 2906 yuan per ton [11]. - Spot: The spot prices in various regions decreased, with the national weighted index down 1.2 yuan to 3009 yuan [11]. - **Important Information** - Xinjiang's alumina spot tender price decreased. The operating capacity increased slightly. Australian alumina prices decreased, and China's alumina import and export data changed [11][13]. - **Logic Analysis** - Domestic and foreign spot prices are falling, the import window is slightly open, and the fundamentals are weak [13]. - **Trading Strategy** - Unilateral: The alumina price is expected to be weak. - Arbitrage: Wait and see. - Options: Wait and see [14]. Casting Aluminum Alloy - **Market Review** - Futures: The night - session casting aluminum alloy 2511 contract decreased by 50 yuan to 20265 yuan per ton [16]. - Spot: The spot prices in various regions decreased by 100 yuan per ton [16]. - **Important Information** - Policies affect the recycled aluminum industry. The social inventory of recycled aluminum alloy ingots in some regions changed, and the Shanghai Futures Exchange launched the standard warehouse receipt generation business for casting aluminum alloy [18]. - **Logic Analysis** - Some enterprises are stocking up for the National Day holiday. The downstream production rate is rising, and the market expectation is positive [18]. - **Trading Strategy** - Unilateral: After the aluminum alloy futures price pulls back from a high level, pay attention to the rebound opportunity supported by fundamentals. - Arbitrage: Wait and see. - Options: Wait and see [19]. Electrolytic Aluminum - **Market Review** - Futures: The night - session Shanghai aluminum 2511 contract decreased by 55 yuan to 20715 yuan per ton [21]. - Spot: The spot prices in various regions decreased [21]. - **Important Information** - Sino - US leaders' phone call. The inventory of aluminum ingots increased slightly. An Indonesian electrolytic aluminum project is progressing as planned, and China's aluminum export data changed [21][23]. - **Logic Analysis** - The Fed is cautious about further interest rate cuts. Attention should be paid to downstream stocking sentiment before the holidays [23]. - **Trading Strategy** - Unilateral: After the aluminum price pulls back, pay attention to the opportunity of stabilizing and rebounding. - Arbitrage: Wait and see. - Options: Wait and see [23]. Zinc - **Market Review** - Futures: LME zinc rose 0.05% to $2900 per ton, and Shanghai zinc 2511 rose 0.18% to 22035 yuan per ton. The Shanghai zinc index decreased by 1558 lots to 238,500 lots [25]. - Spot: The spot price in Shanghai increased slightly, and the downstream buying sentiment was strong [25]. - **Important Information** - The domestic zinc ingot inventory decreased, and the import data of zinc concentrate and refined zinc changed [25][26]. - **Logic Analysis** - Domestic supply may decrease slightly, and downstream pre - holiday stocking demand exists. The LME zinc price is supported by inventory reduction [26]. - **Trading Strategy** - Unilateral: The zinc price may fluctuate within a range in the short term. - Arbitrage: Wait and see. - Options: Wait and see [27]. Lead - **Market Review** - Futures: LME lead fell 0.17% to $1999.5 per ton, and Shanghai lead 2511 rose 0.03% to 17165 yuan per ton. The Shanghai lead index increased by 862 lots to 101,800 lots [29]. - Spot: The average price of SMM1 lead was flat. The trading volume was limited due to limited supply and high prices of recycled refined lead [29]. - **Important Information** - The domestic lead ingot inventory decreased, and the import data of lead concentrate and lead - acid batteries changed [29][31]. - **Logic Analysis** - Supply may increase as some smelters plan to resume production, and downstream enterprises may stock up before the holiday. The price is expected to remain volatile at a high level [31]. - **Trading Strategy** - Unilateral: The lead price may remain volatile at a high level in the short term. - Arbitrage: Wait and see. - Options: Wait and see [34][32]. Nickel - **Market Review** - Futures: LME nickel fell $70 to $15200 per ton, and Shanghai nickel NI2511 fell 220 yuan to 121410 yuan per ton. The index position increased by 1326 lots [33]. - Spot: The premiums of different nickel products were flat [33]. - **Important Information** - Rumors about an Indonesian mining company were refuted. The Democratic Republic of the Congo may extend the cobalt export ban [33][36]. - **Logic Analysis** - The nickel price pulled back with the weak commodity market. Supply is increasing faster than demand, and the price is affected by news from Indonesia and the Philippines [36]. - **Trading Strategy** - Unilateral: Wide - range oscillation. - Arbitrage: Wait and see. - Options: Wait and see [37]. Stainless Steel - **Market Review** - Futures: The main SS2511 contract rose 25 yuan to 12935 yuan per ton, and the index position decreased by 1804 lots [39]. - Spot: The spot prices of cold - rolled and hot - rolled stainless steel were in a certain range [41]. - **Important Information** - US import tariffs affect the stainless steel market. Taiwan's imports from Vietnam decreased. China's stainless steel consumption increased [41]. - **Logic Analysis** - Production scheduling has increased, but demand has not shown seasonal strength. The price is expected to remain oscillatory [42]. - **Trading Strategy** - Unilateral: Wide - range oscillation. - Arbitrage: Wait and see [42]. Industrial Silicon - **Market Review** - Futures: The main industrial silicon futures contract decreased by 0.83% to 8950 yuan per ton, with significant position reduction [44]. - Spot: The spot price increased by 100 - 150 yuan per ton [44]. - **Important Information** - Yunnan silicon plants plan to reduce production due to electricity price increases. The inventory structure is "low at both ends and high in the middle" [46]. - **Logic Analysis** - The inventory structure is prone to positive feedback between futures and spot. The impact of polysilicon production scheduling and market sentiment on the price is greater [46]. - **Trading Strategy** - Unilateral: Participate after the price stabilizes from the correction. - Options: Look for opportunities to sell out - of - the - money put options. - Arbitrage: None [46]. Polysilicon - **Market Review** - Futures: The main polysilicon futures contract decreased by 3.63% to 50990 yuan per ton, with position increase [48]. - Spot: The spot price was stable [48]. - **Important Information** - Spain's self - use photovoltaic installation capacity has declined for three consecutive years [48]. - **Logic Analysis** - The spot price is likely to rise in the long term. There are short - term negative factors for futures, and the best strategy is to go long after the price correction [50]. - **Trading Strategy** - Unilateral: Go long after the price corrects sufficiently. - Arbitrage: Reverse arbitrage between 2511 and 2512 contracts. - Options: None [50]. Lithium Carbonate - **Market Review** - Futures: The main 2511 contract decreased by 140 yuan to 73480 yuan per ton. The position and warehouse receipts decreased [52]. - Spot: The spot prices of electric and industrial lithium carbonate increased [52]. - **Important Information** - Canada's renewable energy market has great potential, and China's lithium - ion battery export data increased [52][55]. - **Logic Analysis** - The price pulled back due to the weak commodity market. Supply growth is limited, and demand is strong. The price is expected to be oscillatory and slightly strong [55]. - **Trading Strategy** - Unilateral: Oscillatory and slightly strong. - Arbitrage: Wait and see. - Options: Sell out - of - the - money put options [55]. Tin - **Market Review** - Futures: The main Shanghai tin 2510 contract decreased by 0.28% to 270610 yuan per ton, and the position increased by 263 lots [57]. - Spot: The spot price rose, and the inventory decreased [57]. - **Important Information** - Sino - US relations and Fed officials' views. An Indonesian tin company expects to achieve its production target [57][59]. - **Logic Analysis** - Supply at the mine end is tight, and demand is weak. Attention should be paid to Myanmar's复产 and electronic consumption recovery [60]. - **Trading Strategy** - Unilateral: Remain oscillatory at a high level. - Options: Wait and see [61].

Global Asset Market Performance - 10 - year Treasury yields of major economies on September 19, 2025: US 4.128%, UK 4.714%, France 3.553%, etc. Latest changes, weekly, monthly and yearly changes vary by country [3] - 2 - year Treasury yields of major economies on September 19, 2025: China (1Y) 3.520%, US 3.976%, UK 2.019%, etc. with corresponding changes [3] - Dollar exchange rates against major emerging - economy currencies on September 19, 2025: South Africa zar 5.324, Russia 17.344, etc. with different changes over different periods [3] - RMB data on September 19, 2025: on - shore RMB 7.118, off - shore RMB 7.119, etc. with various changes [3] - Stock indices of major economies on September 19, 2025: Dow Jones 6664.360, S&P 500 46315.270, etc. with percentage changes over different time frames [3] - Credit bond indices: latest changes, weekly, monthly and yearly changes of emerging - economy investment - grade, high - yield, US investment - grade, etc. are presented [3][4] Stock Index Futures Trading Data - A - share closing prices: A - share 3820.09, CSI 300 4501.92, etc. with corresponding percentage changes [5] - Valuation data: PE(TTM) of CSI 300 is 13.96, S&P 500 is 27.73, etc. with环比 changes [5] - Risk premium: 1/PE - 10 - year interest rate of S&P 500 is - 0.52, German DAX is 2.38 with环比 changes [5] - Fund flow data: latest values and 5 - day average values of A - shares, main board, etc. are given [5] - Trading volume data: latest values and环比 changes of Shanghai and Shenzhen stock markets, CSI 300, etc. are shown [5] - Futures basis and premium/discount data: IF basis is - 37.52, IH basis is 3.66, etc. with corresponding percentages [5] Treasury Futures Trading Data - Treasury futures closing prices: T00 107.835, TF00 105.675, etc. with percentage changes [6] - Fund interest rates: R001 1.4993%, R007 1.5160%, SHIBOR - 3M 1.5620% with daily changes in basis points [6]

Core Viewpoint - The Bank of Japan (BOJ) decided to maintain its benchmark interest rate at 0.5%, marking the fifth consecutive meeting without changes, amid expectations of a potential rate hike later this year [1][3][6] Economic Indicators - Japan's economy shows signs of moderate recovery despite some weaknesses, with exports and output remaining stable, and capital expenditure showing moderate growth [3][6] - The Consumer Price Index (CPI) in Japan decreased from 3.1% in July to 2.7% in August, with core CPI also falling to 2.7%, the lowest level since November 2024 [3][4] Market Reactions - Following the BOJ's decision, the Japanese stock market initially reached historical highs but later turned negative, with the Nikkei 225 index dropping by 0.2% [4][5] - The yield on 2-year Japanese government bonds rose to 0.885%, the highest level since June 2008 [4] Future Expectations - There is a divergence in market expectations regarding a potential rate hike in October, with some analysts predicting an increase to 0.75% while others suggest a delay due to political uncertainties [6][7] - A survey indicated that most observers expect the BOJ to raise rates before January next year, with a 58% probability of a hike by the end of the year [7]

Report Overview - The report is a macro asset market analysis released by the research center's macro team on September 18, 2025, covering global asset market performance, including bond yields, exchange rates, stock indices, and trading data of stock index futures and treasury bond futures [2][3] Global Asset Market Performance Bond Yields - **10 - year Treasury Bond Yields**: Yields of major economies showed different trends. For example, the US 10 - year Treasury bond yield was 4.089 on September 17, 2025, with a latest change of 0.060, a one - week change of 0.042, a one - month change of - 0.203, and a one - year change of 0.388 [3] - **2 - year Treasury Bond Yields**: The US 2 - year Treasury bond yield was 3.540 on September 17, 2025, with a latest change of - 0.020, a one - week change of 0.050, and a one - year change of - 0.210 [3] Exchange Rates - **USD against Major Emerging Economies' Currencies**: The exchange rate of the US dollar against the Brazilian real was 5.305 on September 17, 2025, with a latest change of 0.14% and a one - month change of - 3.24% [3] - **Renminbi**: The on - shore RMB exchange rate was 7.104 on September 17, 2025, with a latest change of - 0.14%, a one - week change of - 0.24%, a one - month change of - 1.00%, and a one - year change of - 0.13% [3] Stock Indices - **Major Economies' Stock Indices**: The S&P 500 index was 6600.350 on September 17, 2025, with a latest change of - 0.10%, a one - week change of 1.05%, a one - month change of 3.20%, and a one - year change of 20.64% [3] - **Emerging Economies' Stock Indices**: The emerging economies' stock index was 1347.850 on September 17, 2025, with a latest change of 0.59%, a one - week change of 3.09%, a one - month change of 6.98%, and a one - year change of 26.74% [3] Credit Bond Indices - Different credit bond indices, such as the US investment - grade credit bond index (3528.030 on September 17, 2025) and the euro - zone high - yield credit bond index (407.110 on September 17, 2025), showed various trends in the latest, one - week, one - month, and one - year changes [3][4] Stock Index Futures Trading Data Index Performance - The A - share index closed at 3876.34 with a 0.37% increase, the CSI 300 index closed at 4551.02 with a 0.61% increase, etc. [5] Valuation - The PE (TTM) of the CSI 300 was 14.16 with a 0.07环比 change, and the PE (TTM) of the S&P 500 was 27.47 with a - 0.03环比 change [5] Risk Premium - The risk premium (1/PE - 10 - year interest rate) of the S&P 500 was - 0.45 with a - 0.06环比 change, and that of the German DAX was 2.52 with a 0.02环比 change [5] Fund Flows - The latest fund flow of A - shares was - 198.10, and the latest fund flow of the CSI 300 was 79.42 [5] Trading Volume - The latest trading volume of the Shanghai and Shenzhen stock markets was 23767.38, and the latest trading volume of the CSI 300 was 6084.54 [5] Basis and Spread - The basis of IF was 2.18 with a 0.05% spread, the basis of IH was 3.42 with a 0.12% spread, and the basis of IC was - 7.64 with a - 0.11% spread [5] Treasury Bond Futures Trading Data - Treasury bond futures T00, TF00, T01, and TF01 closed at 108.155, 105.890, 107.855, and 105.760 respectively, with increases of 0.18%, 0.13%, 0.18%, and 0.14% [6] - The R001, R007, and SHIBOR - 3M in the money market were 1.5536%, 1.5493%, and 1.5540% respectively, with daily changes of 5.00 BP, 5.00 BP, and 0.00 BP [6]