Cable raw materials (rubber) weekly report (9.19-9.23)

1.
Macroeconomic news

1.
The Fed chose to stand still at the interest rate meeting on September 21, local time, but gave a strong signal
to raise interest rates at the end of December.
The Fed statement said it decided to keep the federal funds rate unchanged at 0.
25%-0.
50%; Maintain the interest rate on statutory and excess reserves at 0.
50%; Leave the discount window rate unchanged
at 1.
00%.
"If the job market continues to improve and there are no significant risks, and the U.
S.
economy remains benign in the direction it is now, then I expect the Fed to raise rates once
this year.
" Yellen said
.

2.
According to the latest data from the Ministry of Commerce, from January to August, the actual amount of foreign funds used in the country was 548.
83 billion yuan, a year-on-year increase of 4.
5% (excluding data in the fields of banking, securities and insurance).

In August, the actual amount of foreign funds used was 57.
32 billion yuan, a year-on-year increase of 5.
7%.

According to customs statistics, from January to August, the country's imports and exports were 15.
4 trillion yuan, down 1.
8%
year-on-year.
Among them, exports were 8.
8 trillion yuan, down 1%; Imports were 6.
5 trillion yuan, down 2.
9%.

3.
The Bank of Japan announced its monetary policy decision on September 21, keeping the policy rate unchanged at -0.
1% and the monetary base unchanged at 80 trillion yen per year, but said that in order to achieve the inflation target, it decided to introduce a "QQE policy with yield curve control", including keeping the 10-year yield near
the current level.
At the same time, it was decided to revise the policy framework and abolish the target of the average maturity of
Japanese government bonds.