自2022年年底以来，黄金价格已经上涨了一倍，各国央行的购买行为是金价上涨的重要推动力。在俄罗 斯的外汇储备被冻结后，黄金作为难以被查封的资产吸引力大增，各国央行购金速度明显加快。这一趋 势也使得黄金超过欧元，成为仅次于美元的第二大央行储备资产。 智通财经APP获悉，外汇"武器化"正成为各国央行储备管理者越来越头疼的问题，这也促使他们进一步 增加黄金储备。据瑞银集团上月完成的一项对近40家央行的调查显示，将地缘政治背景下外汇储备"武 器化"视为投资风险的央行比例在2025年大幅上升至49%，高于去年的32%和2023年的14%。 瑞银资产管理的央行策略师Philipp Salman表示："地缘政治风险现在在我们的调查中占据非常突出的位 置。"他补充道，在各国央行试图对冲冲突和大国关系恶化所带来的风险时，黄金成为了最大赢家。 | Asset price volatility across markets | 60 | | --- | --- | | Rising US interest rates/inflation | 54 | | Exchange rate volatility | 51 | | Geop ...

Core Viewpoint - The foreign exchange management authority indicates a net inflow of foreign capital into domestic stocks and a positive trend in foreign investment in Chinese assets, reflecting resilience in China's foreign trade and overall economic stability [1][2]. Group 1: Foreign Capital Inflows - In April, foreign capital investment in domestic stocks turned into net buying, indicating a shift in investor sentiment [1]. - Non-bank sectors, including enterprises and individuals, experienced a net inflow of $17.3 billion in cross-border funds in April [1]. - Foreign investment in domestic bonds increased by $10.9 billion in April, maintaining a high level of interest in Chinese assets [1]. Group 2: Foreign Trade and Economic Indicators - China's foreign trade showed resilience, with a net inflow of $64.9 billion in goods trade, sustaining a high scale [1]. - The foreign exchange market demonstrated stability, with bank settlements and sales increasing by 12.8% and 13.9% month-on-month, respectively [2]. - The settlement rate for foreign exchange rose to 64.4%, up 6.9 percentage points, while the purchase rate increased to 65.4%, up 1.0 percentage point [2]. Group 3: Policy and Market Confidence - Recent policies aimed at expanding domestic demand and supporting the economy are expected to bolster market confidence and stabilize the foreign exchange market [2]. - The central government's measures, including interest rate cuts and reserve requirement ratio reductions, are designed to enhance support for the real economy [2]. - Progress in high-level economic talks between China and the U.S. is anticipated to contribute to a healthier and more stable bilateral trade relationship [2].

Summary of Key Points Core Viewpoint - The interbank foreign exchange market shows fluctuations in the RMB exchange rates against various currencies, indicating a mixed trend in currency valuation as of July 3, 2025 [1]. Currency Exchange Rate Changes - The USD/RMB rate is reported at 7.1523, reflecting a depreciation of the USD by 23 points, indicating an appreciation of the RMB [1] - The EUR/RMB rate is at 8.4463, showing an increase of 12 points [1] - The HKD/RMB rate is at 0.91114, down by 3.2 points [1] - The GBP/RMB rate is at 9.7696, down by 664 points, indicating a significant depreciation of the GBP against the RMB [1] - The AUD/RMB rate is at 4.7119, up by 22 points [1] - The CAD/RMB rate is at 5.2684, up by 234 points, suggesting a strong performance of the CAD [1] - The JPY/RMB rate is at 4.9861, down by 44 points [1] - The RMB/RUB rate is at 11.0230, up by 647 points, indicating a strong appreciation of the RMB against the RUB [1] - The NZD/RMB rate is at 4.3591, down by 83 points [1] - The RMB/MYR rate is at 0.59029, up by 37.7 points [1] - The CHF/RMB rate is at 9.0408, down by 86 points [1] - The SGD/RMB rate is at 5.6229, down by 1 point [1]

智通财经7月3日电，韩国银行（央行）7月3日公布数据显示，韩国6月外汇储备4102亿美元，环比增加 56亿美元。 韩国6月外汇储备4102亿美元 ...

商品货币对中，澳元兑美元涨0.04%，纽元兑美元跌0.18%，美元兑加元跌0.40%。 瑞典克朗兑美元跌0.42%，挪威克朗兑美元涨0.06%。丹麦克朗兑美元跌0.08%，波兰兹罗提兑美元跌 0.41%、兹罗提兑欧元跌0.34%。 周三（7月2日）纽约尾盘，美元兑日元涨0.17%，报143.66日元，全天呈现出M形冲高回落走势，北京 时间20:15发布美国ADP就业数据（小非农）时从144.20一线急剧跳水至接近143.40的水平。 欧元兑日元涨0.08%，英镑兑日元跌0.64%——19:52开始急剧跳水（从197.500一线迅速跌至196.000附 近）。 欧元兑美元跌0.08%全天V形走势，英镑兑美元跌0.81%，英镑兑欧元跌0.74%，美元兑瑞郎涨0.09%。 ...

韩国6月外汇储备4102亿美元，5月4046亿美元。 ...

分析师们的估算中未必完全计入了汇率冲击。 Ecofi股票基金经理Karen Georges表示：外汇方面可能会出现意外的负面消息。 ...

市场洞察 - Marquee --- Market Insights - Marquee Market Insights | Markets | Asia 市场洞察 | 市场 | 亚洲 GS Macro: Five things you need to know ⾼盛宏观：你需要了解的五件事 Five things you need to know: 你需要了解的五件事： 1/ Asia FX Vol ideas: Sell USDCNH RRs; USDKRW put EKO; USDSGD and USDINR digi puts; Sell USDTWD CS; Buy CHFJPY puts 1/ 亚洲外汇波动率策略：卖出 USDCNH ⻛险逆转；买⼊美元兑韩元看跌期权 EKO；美元兑新加坡元和美 元兑印度卢⽐数字看跌期权；卖出美元兑新台币跨式期权；买⼊瑞郎兑⽇元看跌期权 2/ What low yielder? 30yr JGBs above bunds; thoughts from our JGB trader 2/ 什么低收益？30 年期⽇本国债收益率⾼于德国国债；来⾃我们⽇本国债交易员的看法 ...

Core Viewpoint - The Danish central bank did not conduct any foreign exchange interventions last month [1] Group 1 - The absence of foreign exchange interventions indicates a stable currency environment in Denmark [1]

波兰央行：可能会干预外汇市场。 ...