1 3800 3500 3200 2900 4900 4400 3900 3400 2600 上证指数沪深300 2900 Wind Wind Wind 711 815 6 5 4 3 2 1 0 8 7.8 7.6 7.4 7.2 7 6.8 6.6 6.4 6.2 6 美国:联邦基金目标利率(%) 中国:定期存款利率(整存整取):1年(%) 逆回购利率:7天(%) 即期汇率:美元兑人民币(右) Wind 202311 12 2004-01-02 2005-01-02 2006-01-02 2007-01-02 2008-01-02 2009-01-02 2010-01-02 2011-01-02 2012-01-02 2013-01-02 2014-01-02 2015-01-02 2016-01-02 2017-01-02 2018-01-02 2019-01-02 2020-01-02 2021-01-02 2022-01-02 2023-01-02 2024-01-02 2004-01-02 2005-01-02 2006-01-02 2007-01-02 2008-01-02 2009-01-02 2010-01-02 2011-01-02 2012-01-02 2013-01-02 2014-01-02 2015-01-02 2016-01-02 2017-01-02 2018-01-02 2019-01-02 2020-01-02 2021-01-02 2022-01-02 2023-01-02 2024-01-02 8,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 万得全A 成交额MA20(万亿,右) Wind 8 15 2005 4 A 8,000 8 7,000 7 6,000 6 5,000 5 4,000 4 3,000 3 2,000 2 1,000 1 0 0 万得全A 换手率MA20(%,右) Wind 815 20054 A