On October 10, the most worthy of attention is not the U. S. presidential election, nor other things, but the median price of RMB exchange rate, this involves the strategy of the exchange rate change! During the National Day, the yuan in the offshore market being surprised, offshore RMB exchange rate in the lowest level in nine months, just to join the SDR in yuan, so, very attractive. The central parity of RMB exchange rate movements is very critical, if the yuan central parity rate greatly increases, it means that China continues to strategy in the past, maintaining the RMB exchange rate stability, short slaughter. If the yuan central parity rate cuts, especially to the key point, that the strategic shift, depreciation is the Chinese economy needs. Result is the second direction, the RMB against the U. S. dollar parity plunged 263 points, central parity rate hit a low, in 6 years is 6. 7008, especially fell below 6. 7 this key position, is worth attention. 1, after the yuan to join the SDR, RMB internationalization strategic task of important progress, in before, China has been trying to maintain the RMB exchange rate stability, join after, can conveniently. 2, at this time of the devaluation of RMB exchange rate, can be said to be the result of the free market, because if the conditions of the renminbi to join the SDR is free money, reduce human intervention, so the IMF is not good. 3, promote the real economy by depreciation, this is the revitalization of manufacturing in China and have to take the method of China has already begun to harsh, large areas of macroeconomic regulation and control real estate market, has already begun strategy towards the real economy. If RMB to a considerably autonomous devaluation, that means big changes have taken place in China's strategic really, although this will face strong pressure such as the United States. Below that you can imagine, if after the big depreciation of RMB exchange rate, China's economy will completely change, because the whole destroyed the whole of China, and even the most speculative hot money in the world: 1, the stock market crash of 2015, will be highly speculative wiped out the highly leveraged funds, blowing up blowing up, quilt cover bedding bag, this batch of highly leveraged funds, extremely greedy and speculation. 2, 2016 National Day began a comprehensive real estate regulation, the regulation must be national policy of China, is a grand strategy, the beginning of the large area highly leveraged speculative funds for deployment, especially the regulation of shenzhen is almost 360 degrees, no dead Angle. In this way, can let a group of highly leveraged speculative funds in building city. 3, 2016 after the National Day, if the momentum to a big fall, so will be a lot of hot money into China since 2005, close to a dozen dog, conveniently set high. If the stock market, housing the main lock is a highly leveraged speculative funds, so big devaluation of RMB exchange rate, the lock is the international speculative capital, as a result, domestic speculative funds, international hot money, all want to sleep for a long time. After the stock market, the housing market, currency, these three big battle, basically locking liquidity, especially speculative liquidity, then China's strategy is what? Must be entity economy development seriously, maybe my wish is a good thing, but anyway, really promotes the development of the real economy. Monetary mystery bureau, the most attractive is that it always attract you to forecast the future, and the logic inside, forming the walls thin, intangible clues. If the stock market, the housing market, currency to separate, we are unable to form the overall train of thought and vision, but once you combine these three, be suddenly enlightened, objectively does play three big battle encirclement and suppression 'hot money, locking the role of liquidity. Inevitably, by chance, to not to fight, newcomers Jude can chase, cross the truth. which, near and far different, this is today's stock market, the housing market, currency three big puzzle. From then on, the heart safe, day cool and good autumn!