全球大类资产配置周观察：市场风险偏好提振，资金重回权益资产

Global Asset Performance - The report highlights the performance of major global asset classes, indicating a mixed outlook for equities and commodities in the upcoming quarters [5]. - Specific attention is given to the fluctuations in commodity prices, particularly in the oil and gold markets, which are expected to experience volatility due to geopolitical tensions and supply chain disruptions [5][6]. Commodity Market - The gold market is analyzed, showing a potential increase in demand as investors seek safe-haven assets amid economic uncertainty [5]. - The oil market is also discussed, with predictions of price adjustments influenced by OPEC+ production decisions and global demand recovery post-pandemic [5][6]. Bond Market - The report examines U.S. Treasury yields, which are projected to rise as the Federal Reserve continues its tightening monetary policy [5]. - Chinese bond yields are also analyzed, with expectations of stability as the government implements measures to support economic growth [5]. Currency Market - The U.S. dollar index is expected to strengthen against major currencies, driven by interest rate differentials and economic performance [5]. - The report notes that the euro and British pound may face downward pressure due to ongoing economic challenges in Europe [5]. Equity Market - The equity market outlook remains cautious, with analysts suggesting a focus on sectors that are likely to benefit from inflationary pressures, such as energy and materials [5]. - The report emphasizes the importance of stock selection, particularly in technology and healthcare sectors, which are expected to show resilience [5].