然而，受宏观经济影响，下半年煤炭产业走势却有很大的不确定性。
However, macro economic impact, the second half of the coal industry trends have great uncertainty.
改变，因为消极的实际利率的负面影响的宏观经济是非常大的。
Change because of negative real interest rates negative impact on the macroeconomy is very great.
宏观经济恶化带来的负面影响已经越来越明显。
Negative impact from the deteriorating macro has become clearer.
另外股票价格也会影响到宏观经济变量。
In addition, the stock price will influence the macro-economy variable too.
汇率制度的选择直接影响一国宏观经济政策的效力。
The choice of exchange rate system directly influences the effect of macro economic policies.
这两种极易混淆的活动对宏观经济产生截然相反的影响。
These two easily-confused actions is completely different to our macro-economy.
这两种极易混淆的活动对宏观经济产生截然相反的影响。
These two easily-confused actions is completely different to our macro-economy.
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