The recent fluctuations in the RMB exchange rate have attracted attention. Liu Guoqiang, the central bank, said there is no need to be nervous. The RMB exchange rate will not go unilaterally, but will still fluctuate in both directions and is dynamically balanced~ 😊

On July 19, the Ministry of Finance released fiscal revenue and expenditure data for the first half of the year. Total general fiscal revenue accumulated to 11.92 trillion yuan, a year-on-year increase of 13.3%; June revenue was only 1.95 trillion yuan, and the growth rate dropped to 5.6%. Fiscal expenditures in the first half of the year totaled 13.39 trillion yuan, a year-on-year increase of 3.9%; June expenditures were 2.91 trillion yuan, a year-on-year decrease of 2.5%. What do the comments section think of this data?

In addition, British inflation has cooled more than expected recently! The Office for National Statistics announced on Wednesday that the CPI rose 7.9% year-on-year in June, lower than the 8.2% expected. It was the lowest since March 2022 and the first time it fell below expectations in five months. What implications does this data bring to the market? You can also speak freely in the comment area~