一

Macroscopic
1. the central bank decided to implement the policy of Orienteering to the Pratt and whiten finance. Every year before the single family credit 5 million yuan of loans or incremental inclusive financial services accounted for 1.5% of the commercial bank, the deposit reserve rate can be reduced by 0.5 percentage points in the baseline profile based on the people's Bank of China announced the previous year; the above loans or incremental accounted for 10% of the commercial bank, the deposit reserve rate according to the progressive principle in the first gear based on the reduction of 1 percentage points.
The central bank said that the implementation of the policy of directional reduction to Pratt & Whitney finance does not change the general orientation of prudent monetary policy, but is based on the expansion and optimization of the original directional reduction policy by the State Council, in order to better guide financial institutions to develop inclusive financial businesses.
The 2. central bank meeting the three quarter to China's current economic and financial operation stable, but the situation facing perplexing; implement prudent neutral monetary policy, comprehensive use of various monetary policy tools to maintain the basic stability of liquidity, guide monetary credit and social financing scale reasonable growth.
3. China September official manufacturing PMI was 52.4, rising for two consecutive months, a record high since May 2012, and for the 14 consecutive month above the line ups and downs, is expected to be 51.6, the former value of 51.7. In September, the non manufacturing industry PMI was 55.4, and the ring rose by 2 percentage points, a new high since June 2014. The expected value and the previous value were both 53.4.
The 4.9 month the new financial Chinese manufacturing PMI was 51, in June this year to August lows below 0.6 percentage points, is expected to be 51.5, but still more than fourth consecutive months, 50 critical value, showing manufacturing expansion continues to slow this trend, with the National Bureau of statistics of PMI in manufacturing industry is not consistent.

Negative growth of non-agricultural accidents in 5.9 months
The US non farm employment report on Friday evening. The data showed that in the United States, the non farm employment population dropped by 33 thousand people in September, for the first time in 2010, and the unemployment rate continued to fall to 4.2%. The market consensus was expected to increase by 80 thousand, and the unemployment rate was maintained at 4.4%. But it is worth noting that the unemployment rate has plummeted, and the rate of salary growth is in great spread.  Salary growth exceeded expectations in September, and the rate of salary increased to 2.9% year-on-year, a new high in December 2016.
Federal Reserve officials say the impact of Hurricane weather on the employment situation in September is very obvious, but many people are temporarily unemployed.  Although the September nonfarm payrolls unexpectedly fell, but the unemployment rate remained low, wage growth growth than expected, "bond king" gross believes that the Fed rate hike in December will be the prospect of "dunk action".
Two
Ferrous metal
1. Tangshan billet during the National Day has risen 130 yuan / ton
According to Mysteel reports, Tangshan billet September 29th (Friday) announced a lock down 20 yuan / ton price of 3480 yuan / ton, in September 30th rose 20 yuan / ton, in October 1st rose 10 yuan / ton, in October 2nd rose 30 yuan / ton, in October 3rd rose 40 yuan / ton, in October 4th rose 20 yuan / ton, down 20 yuan / ton in October 5th in October 6th, rose 10 yuan / ton, the morning of October 7th rose 20 yuan / ton to 3610 yuan / ton, so far has risen 130 yuan / ton.
2. Ministry of Environmental Protection Minister from 1 to 3 days to Hebei, Shanxi, Shandong, Henan and other places of research...
According to the Ministry's official website reported on October 4th, the Ministry of Environmental Protection Secretary Li Ganjie on October 1st to 3, Shanxi, led to Hebei, Shandong, Henan and other research, visit and condolences to the holiday still adhere to the autumn and winter to carry out the comprehensive management of air pollution in the first crucial action to strengthen the supervision and inspection personnel.
In the investigation, Li Ganjie made a request to promote the comprehensive treatment of air pollution in the autumn and winter of Beijing, Tianjin, Hebei and the surrounding areas from 2017 to 2018. He pointed out that we are fighting for tackling air pollution and improving environmental quality. It is also a tough battle to push forward supply side structural reform and promote industrial transformation and upgrading.
3. Handan iron and Steel Group pollution control facilities abnormal operation
According to the the Great Wall website reported on October 4th, October 1st, Handan law enforcement of all members of the group of three Bingfen Road, located in Handan Fuxing District of Handan iron and steel Refco Group Ltd, conducted a surprise inspection of law enforcement inspection items, including material, sintering, pellet, blast furnace, converter, coking and other production facilities and ancillary facilities etc.. The Handan law enforcement group has made on-site transcripts and inquiry transcripts for suspected environmental violations committed by Handan iron and Steel Group Co., Ltd., and issued a written decision to correct violations. It is proposed to file a case at the provincial level.
4. social dealers' steel stock has been reduced by 5%
By the end of September 29th, the steel inventory of the national key cities dealers in Mysteel decreased by 4.9% compared with the same period in September 29th, of which, long timber stocks fell by 6.01%, and plate stocks fell by 3.35%.
The steel stock in key cities was 9 million 580 thousand tons before the stock market, and the lowest point in the last 10 years (forty-sixth weeks in 2016) was only 13% higher than 8 million 480 thousand tons.
5. Guangdong province emergency requirements check ground of steel
Guangdong commission by letter of emergency dispatch, requirements must be around in October 23rd before the related steel enterprises in the region to conduct a comprehensive investigation, once found in the land of steel production, resolutely banned, and held th main responsibility of the enterprise and the territorial regulatory responsibility; Provincial Economic and Information Commission, development and Reform Commission, bureau of quality supervision departments joint provincial inspection group, according to the area of responsibility, in mid November to carry out inspection and supervision of the municipalities to ban land of steel supervision work.
6. iron and steel industry mergers and acquisitions turmoil: reforming Jianlong proposed reorganization, Wu Bao fund launched the North intends to participate in the Chongqing
*ST Chongqing (601005) announcement, four Yuan Bao Wu group initiated the iron and steel industry (Shanghai) equity investment fund center (limited partnership) (hereinafter referred to as the "four sources of fund") business partnership and Chongqing strategic emerging industry equity investment fund (hereinafter referred to as the "new Chongqing war