Group 1 - OECD predicts that developed economies will end the current interest rate cut cycle by the end of 2026, indicating limited policy easing space for major central banks despite potential economic slowdown [1] - The Federal Reserve is expected to lower interest rates only twice before the end of 2026, maintaining the federal funds rate between 3.25% and 3.5% throughout 2027 [1] - The Eurozone and Canada are not expected to lower rates further, while Japan is anticipated to gradually tighten monetary policy as inflation stabilizes around 2% [1] Group 2 - Multiple institutions warn that the US dollar may face a "triple blow" in the coming weeks, exacerbating its seasonal weakness [2] - Factors impacting the dollar include a potential Supreme Court ruling on tariffs, the appointment of Kevin Hassett as the next Fed Chair, and a strengthening yen amid expected rate hikes from the Bank of Japan [2] - Key data to watch includes changes in US ADP employment numbers, the import price index, industrial production, and the ISM non-manufacturing PMI for November [2] Group 3 - Gold prices experienced a slight decline due to profit-taking and improved market risk sentiment, trading around 4223 [3] - The expectation of a Fed rate cut in December is limiting the downside for gold prices [3] Group 4 - The USD/JPY pair saw a slight increase, trading around 155.70, supported by short covering [4] - The Fed's rate cut expectations and hawkish comments from the Bank of Japan's governor are limiting the upside potential for the pair [4] Group 5 - The USD/CAD pair experienced a slight decline, trading around 1.3970, influenced by the Fed's rate cut expectations and weak US economic data [5] - Concerns over oversupply in the oil market are limiting the downside for the pair [5]
邦达亚洲:获利回吐打压 黄金自6周高位回落
Sou Hu Cai Jing·2025-12-03 10:40