2008年上半年中国金融市场运行分析报告

2008年上半年,我国金融市场继续保持了快速的发展势头.货币市场成交大幅增长,市场利率波动幅度减小;债券市场运行平稳,债券指数冲高回落;股票市场成交明显萎缩,市场指数大幅下跌;人民币汇率继续走强,外汇衍生品市场成交放大;黄金市场成交量快速增长,黄金价格波动频繁;期货市场规模显著壮大,商品期货价格处于高位.总体来看,我国金融市场在国内外宏观经济多种因素综合影响下成交放大,震荡较为剧烈,与国际市场的联动性明显增强,金融市场运行的不确定性和风险在增大.我们要高度关注金融市场波动,密切监测金融市场变化,积极应对市场面临的新局面和新挑战,全力维护金融市场稳定运行.

The Report on China's Financial Market Operation for the First Half of 2008

During the 2008H1, Chinese financial markets, including money market, equity market, gold market, bond market and commodity future market, continued to develop with rapid pace. Generally speaking, due to multiple factors from both international and domestic, the market transaction volume increased significantly, while the markets demonstrates a number of new characterizes, such as high volatility, increased market risks and enhanced linkage between international and domestic market. As the financial uncertainties had already reached to an unprecedented level, in order to maintain the stability of Chinese financial market, PBOC should have to closely monitor the changes and fluctuations in the markets and take constructive measures to solve any challenges and problems.