US Interest Rate Disturbs Market Funds To Withdraw From Global Equity Fund

Because investors expect the US Federal Reserve to choose to raise interest rates this week is a big probability event. In last Friday's trading, European and American stock markets showed a marked decline, and international oil prices fell deeply.

Data on capital flows show that investors are choosing to avoid assets such as global stock markets.

Some of the latest economic data are in progress.

Provide a basis for raising interest rates.

University of Michigan's consumer confidence index rose to 91.8 in December, the highest level in 4 months, according to a report released on Friday.

According to the US Department of Commerce, excluding retail sales of cars and gasoline, US retail sales rose 0.5% in November, the biggest increase since July.

In addition, the Ministry of labour announced on the same day that the producer price index in November rose 0.3%, after a 0.4% decline in the previous month, the largest increase in June.

It is expected that unless there are unexpected factors, the Federal Reserve will announce the first increase in interest rates since June 2006 on Thursday morning in Beijing.

From the performance of the capital flow, investors are fed to the Federal Reserve

Be cautious and withdraw some risky assets ahead of schedule.

According to the latest data provided by EPFR to the Shanghai Securities Exchange, the global debt and equity funds monitored by the agency were redeemed for 6 billion 100 million and 6 billion 400 million US dollars respectively in the week of 9.

Among them, the "blood loss" of emerging market equity funds hit a three week high.

This "run away" was also reflected in last Friday's paction.

On the same day, European FTSEurofirst 300 index fell 2.14%, closing at 1397.49 points, the lowest in about two months, and the worst since last week.

JP Michael Feroli economist Morgan told the Shanghai Daily that he expects that the pace of the Fed's interest rate increase will be gradual in comparison with the recent interest rate increase cycles.

As the financial market has largely anticipated this, the Fed's interest rate hike will have a moderate impact on the market.

In addition, the United States dollar and

The gold futures contract for February was closed down, and the gold futures contract of the New York Mercantile Exchange in February closed at $1075.7 an ounce, or 0.35%, and fell 0.77% throughout the week.

In the US stock market, the three major indexes fell 1.76% to 2.21%, and last week the cumulative decline was ranging from 3.3% to 4.1%.

The sharp drop in oil prices has become an important drag factor.

Crude oil futures prices for the two commodities exchanges in New York and London will fall by 3.1% and 4.5% respectively in January.

Among them, Brent crude oil futures price dropped to nearly seven years low, New York crude oil futures price approaching $35 a barrel.

Affected by this, the S & P energy share index fell 3.4% last Friday, leading to the S & P 10 major stocks.

The index has fallen 11% so far this month, the biggest monthly decline since September 2011.

In the 13 day of the Middle East stock market, there was also a trend of general decline.

Among them, Qatar QE index fell 3.9% to 9625.36 points, the lowest since October 2013.

Dubai's financial market composite index declined for the sixth consecutive trading day, the longest consecutive drop cycle in a year.

The stock market crash offset the positive effect of the rate hike. The US dollar index fell 0.4% last Friday to 97.560, down 0.8% last week.

According to Reuters calculations and the data released by the US Commodity Futures Trading Commission last Friday, speculators reduced their net positions in the US dollar for second consecutive weeks.

By the week of December 8th, the US dollar net position dropped to $41 billion 220 million, compared with $43 billion 470 million a week earlier.

Reuters analysts believe that in fact, the market has fully reflected the Fed's interest rate increase factor, the only issue is the interest rate increase in the next few years.