做多动能不足，A股市场早盘高开低走。上证指数收于2112.74点，跌0.37%；深圳成指收于8711.80点，跌0.32%。据今日投资“在线分析师”系统数据显示，当前市场天气为多云，表明短期大盘趋势处于强势震荡阶段。

To do more kinetic energy shortage,A-share market in early trading opened low go high.The Shanghai index closed at 2112.74 points,Fell 0.37%;Shenzhen ChengZhi closed at 8711.80 points,Fell 0.32%.According to the investment"Online analysts"System data display,The current market for the cloudy weather,Show that short-term the market trend in strong shock stage.

　　尽管8月份的经济数据并不乐观，但金融政策稳增长的力度逐渐加大，实体经济的资金面或将逐渐好转。央行11日公布的数据显示，8月份人民币贷款增加7039亿元，远高于市场预期，而且中长期贷款占比继续回升。8月末，人民币贷款余额60.89万亿元，同比增长16.1%，增幅从12个月来的持续低位出现反弹。8月份企业债券净融资2584亿元，同比增加1686亿元，亦创出年内新高。分析师判断，在货币政策选择上，央行仍倾向于通过引导商业银行增加信贷投放以及加快债券融资，为经济提供支持。如果经济基本面或资金面不恶化，预计降准和降息的时间窗口将会继续后延，逆回购的频率和规模会继续上升。此外，央行还可能通过差别存款准备金率的动态调整来优化货币信贷结构。

Although August economic data is not optimistic,But financial policy steady growth of strength increase gradually,The real economy of the financing area or will gradually turn for the better.The central bank 11 figures showed,August RMB loan an increase of 703.9 billion yuan,Far higher than the market expected,And long-term and medium-term loans accounted for more than continue to rebound.Late August,RMB loan balance is 60.89 trillion yuan,Year-on-year growth of 16.1%,Increases from 12 months to continuous low rebounded.August 258.4 billion yuan net enterprise bond financing,Year-on-year increase of 168.6 billion yuan,Also making year highs.Analysts judgment,In the monetary policy choice,Central bank still tend to through the leading commercial Banks to increase credit availability and speed up the bond financing,To provide support for the economy.If economic fundamentals or financing area doesn't get any worse,Is expected to drop must cut interest rates and time window will continue to later,Reverse repurchase frequency and scale will continue to rise.In addition,The central bank may also through the difference deposit reserve ratio of dynamic adjustment to optimize currency credit structure.

　　从今日早盘的行业跟踪情况来看。市场对美联储将在本周晚些时候宣布推出第三轮的所谓“定量宽松”措施感到乐观。另外，中国总理温家宝发表讲话：中国不断加大预调微调力度，特别是5月份以来集中出台了一些政策措施。随着近期密集出台的政策措施落实到位并发挥作用，中国经济有望进一步趋稳。借此，有色金属走强，午盘涨0.85%，位居涨幅榜榜首。钢铁行业今日走势较强，个股多数飘红，午盘涨0.74%，列涨幅榜第三位。前不久，中国铁路建设投资公司及中国神华、中煤能源等其他15家发起人订立发起人协议，同意设立蒙西华中铁路公司。另据媒体报道，蒙华铁路荆州至岳阳段将有望在今年率先动工，项目总工程期为5年。煤炭行业迎来转机。早盘煤炭行业走强，午盘涨0.60%，居涨幅榜第四位。此外，酿酒行业、仓储物流和石油行业等板块强于大盘；船舶制造、航空航天和互联网业等板块弱于大盘。

From this day, early disc industry tracking situation.Market for the fed will later this week announced the launch of the third round of the so-called"Quantitative easing"Measures to feel optimistic.In addition,Chinese premier wen jiabao speeches:China's increasing preset trimming strength,Especially since may focus on some policies and measures.With the recent intensive policy measures put in place and play a role,China's economy is expected to stabilise.Take this,Non-ferrous metal going strong,Noon disc rose 0.85%,Increase in top the list.Iron and steel industry trend of strong today,Stocks most wave red,Noon disc rose 0.74%,The third column or list.Not long ago,China's railway construction investment company and China shenhua/Coal energy and other 15 promoter conclude a promoter agreement,MengXi agreed to set up a central China railway company.The other according to media reports,MengHua railway jingzhou to yueyang section are expected to take the lead in construction in this year,The project total project period for 5 years.In the coal industry transfer.Early disc coal industry going strong,Noon disc rose 0.60%,Increase in the list of the fourth.In addition,Liquor-making industry/Warehousing logistics and oil industry sectors such as better than the market;Ship manufacturing/Aerospace and the Internet industry sectors such as the grail of weak.

　　今日投资统计了10家券商对今日大盘走势的看法：看多：5名，骑墙：4名，看空1名，今日看多指数上升至50%。分析师表示，从5月4日2453点至9月5日2029点连跌近20%而无像样反弹（个股跌幅尤甚），M头基本构筑完毕，政策环境转暖，业绩风险暂缓，解禁大潮未至，外围利好助推，具备超跌反弹的基础。尽管上周五急涨且量能放大过快，数据公布期预期调整或致市场反复，短期有震荡整固要求，不过本轮反弹有一定的持续性和空间，有参与价值。但鉴于目前的基本面和资金面环境，暂时看作环境转暖和预期改善推动的超跌反弹，期望值不宜过高。预计沪指震荡整固后仍有望上行，2200点上方阻力较大。同时，在线分析师数据显示，A股市场的中期趋势处于看跌过程中，安全持仓线为60%。

Today the investment statistics 10 brokers to this day market trends views:See more:five,Sit on the fence:four,See an empty one,Today see more index rose to 50%.Analysts said,From May 4, 2453 points to September 5, 2029 point even fell nearly 20% and no decent rebound(Stocks fall what especially),M head the basic construct,Warmer policy environment,Performance risk respite,Lift the ban spring not to,Peripheral bullish boosting,Have super fell the bounce of the foundation.Although last Friday to surge and quantity can enlarge too fast,Data released period is expected to adjust or the market again and again,Short-term have shock the whole solid requirements,But this rebound has certain continuity and space,Have involved the value.But in view of the current fundamentals and financing area environment,Temporary as warm and expected to improve the environment by ultra fall rebound,Expectation is unfavorable and exorbitant.Is expected to shock the whole boomed after solid are still expected to ascending,2200 points above the large resistance.At the same time,Online analysts data display,A-share market in the process of the medium term trend is bearish,Safety position line was 60%.