First of all, in the news, the data released by HSBC on Thursday (May 23rd) showed that the preview value of China HSBC Manufacturing Purchasing Managers Index (PMI) dropped to 49.6 in May, and the final value in April was 50.49. April's data exceeded the threshold of 50 for the sixth consecutive month. The initial value of HSBC's PMI was 49.6, the lowest level in seven months, while the initial value of China's manufacturing output index was 51.0 (5 1. 1 in April), which was also the lowest in three months. Affected by the weak economic data in China, investors' confidence has been damaged, and the Nikkei index has plummeted, which may make the market worry that the economic growth in the Mainland will further slow down or even deteriorate.

Second, last night, Ben Bernanke, chairman of the Federal Reserve, expressed his support for maintaining the scale of bond purchases at a congressional hearing. His remarks once made US stocks hit a record high. However, the minutes of the meeting on interest rates subsequently announced by the Federal Reserve showed that members actively discussed and studied reducing the scale of bond purchases, which turned the market around. At the same time, Goldman Sachs also predicts that the United States will not begin to reduce the scale of purchasing government bonds until 65438+February.

Third, on the morning of the 23rd, the selling of Japanese government bonds surged and long-term interest rates soared. The yield of benchmark 10-year treasury bonds once rose by 1 1.5 basis points to 1.000% compared with the previous trading day, setting an intraday high since the beginning of April last year. The Bank of Japan announced on the same day that it will inject 2 trillion yen (about RMB1188 billion yuan) into the financial market next week. Japanese government bond futures rose to 1. 16%. The dollar fell nearly 1% against the yen.

The above analysis comes from online financial websites for reference only.