地缘风险下的汇市表现：环球市场动态2026年3月13日

Market Overview - A-shares fell on geopolitical tensions, with the coal sector leading gains, while the Hang Seng Index and European markets also declined[3][4] - Brent crude oil prices surpassed $100 per barrel for the first time since August 2022, contributing to inflation concerns[3][24] - The U.S. stock market experienced a three-day decline, with the S&P 500 down 1.5% and the Nasdaq down 1.8%[6][7] Fixed Income - U.S. Treasury bonds faced significant selling pressure, with the 2-year yield rising by 8.8 basis points to 3.74%[27] - Market expectations for a rate cut in 2026 have decreased from 45 basis points to about 20 basis points due to rising oil prices and geopolitical tensions[27] Currency and Commodities - The U.S. dollar index rebounded, while non-U.S. currencies weakened, influenced by geopolitical risks and rising energy prices[4] - Gold prices fell by 1.88% to $5,079.21 per ounce, driven by a stronger dollar and rising oil prices[24] Sector Performance - In the Hong Kong market, the energy sector rose by 3.1%, while real estate and healthcare sectors saw declines of 1.7% and 1.4%, respectively[10][9] - In the A-share market, the coal sector surged, with Zhengzhou Coal Power rising to its daily limit, while defense and technology sectors faced significant declines[14] Key Developments - Iran's new leadership vowed to continue blocking the Strait of Hormuz, escalating geopolitical tensions in the region[4] - The U.S. trade deficit narrowed more than expected in January, indicating potential economic resilience[4]