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贸易摩擦降温,避险情绪回落,金价波动明显
Xin Lang Cai Jing· 2025-05-20 05:59
Group 1 - The core viewpoint of the articles indicates that the gold market is experiencing a notable adjustment due to a decrease in risk aversion stemming from improved US-China trade relations, leading to a shift of funds from safe-haven assets to risk assets [1][3] - The recent week saw a significant outflow from gold ETFs, exceeding 4 billion yuan, as investors reacted to the easing of trade tensions, which has resulted in a short-term increase in the adjustment magnitude of precious metals [1] - The gold market currently lacks the foundation for a new upward momentum, with high short-term volatility and a rational adjustment process observed in the precious metals market, as indicated by the stable gold-silver ratio around 100 [2] Group 2 - The US-China trade negotiations have progressed beyond expectations, with the US agreeing to significantly reduce tariffs on Chinese goods, which has contributed to a more favorable market environment [3] - The Federal Reserve is considering revising its monetary policy framework in response to changing inflation and interest rate prospects, indicating potential challenges for the economy and central bank [3] - Moody's has downgraded the US sovereign credit rating from Aaa to Aa1, citing persistent budget deficits as a concern, which may impact investor sentiment and market dynamics [3] Group 3 - The gold ETF (159937) allows investors to gain exposure to gold without the costs associated with physical storage and authentication, enhancing capital efficiency through a T+0 trading mechanism [4]
美债再遭大规模抛售 30年期美国国债收益率飙升
news flash· 2025-05-20 05:01
Core Viewpoint - The downgrade of the U.S. sovereign credit rating by Moody's has led to a significant sell-off of U.S. Treasury bonds, resulting in a sharp increase in bond yields [1] Group 1: Impact on U.S. Treasury Bonds - On September 19, the yield on 30-year U.S. Treasury bonds surged, briefly exceeding 5% [1] - The yield on 10-year U.S. Treasury bonds also surpassed 4.5% during the same trading session [1] Group 2: Market Sentiment and Economic Outlook - Financial executive Max Gokhman indicated that the deterioration of the U.S. fiscal situation makes the credit rating downgrade unsurprising [1] - Bloomberg analysis suggests that rising Treasury yields may heighten market concerns regarding the U.S. dollar [1] - The Bloomberg Dollar Index has fallen back to levels close to those seen in April [1] - Sentiment indicators among options traders have dropped to the most pessimistic levels in five years [1]
美国主权信用评级再遭下调 债务隐患撼动市场信心
Zhong Guo Xin Wen Wang· 2025-05-20 03:27
美国,再一次"被降级"。 近日,国际评级机构穆迪将美国主权信用评级从AAA下调至AA1,终结了其自1917年以来对美国维持 的最高评级。至此,美国在三大评级机构中的最高信用评级已悉数失守。 穆迪给出的降级理由并不陌生——财政赤字持续扩大、债务利息攀升、预算灵活性有限,这与此前标普 和惠誉的判断如出一辙。 "这进一步证明美国债务过高。国会必须自律,要么增加收入,要么减少支出。"斯坦福大学金融学教 授、前穆迪董事会成员达雷尔·达菲说。 目前,美国联邦政府债务总额突破36万亿美元,其中约四分之一将在2025年陆续到期。为了"借新还 旧",美国政府将不得不发行更多国债,伴随美债收益率上行,这一模式正变得更加昂贵和脆弱。 穆迪在报告中警告,美国持续的大规模财政赤字将进一步推高政府债务和利息支出负担,财政状况很可 能会恶化。 2024年,美国联邦财政赤字占GDP比例为6.4%。穆迪预测,这一比例将在2035年升至9%,与美国财长 贝森特所期望的"赤字占比降至3%"目标背道而驰。 美国的"财政掣肘"并非虚言。 更棘手的是,美国国内政治极化日益加剧,导致财政改革难以推进。 2023年惠誉下调美国信用评级时,多名民主党政府官员 ...
讨论停火问题!特朗普分别与普京、泽连斯基通话!LPR迎来年内首降!存款利率再下调!官方通报8000余万元黄金“消失”!
新浪财经· 2025-05-20 01:18
昨天,发生了哪些财经大事? 据央视新闻,当地时间5月19日,美国白宫官员表示,美国总统特朗普与俄罗斯总统普京正在进行电话会谈。 在谈及俄美总统会否举行会晤时,俄罗斯总统新闻秘书佩斯科夫19日说,"双方进行仔细研究后,再确定(会晤)日期"。此外,谈及美国 参与调停解决俄乌问题的必要性时,佩斯科夫说,如果美国帮助调停俄乌问题,俄方将对此表示感谢。 讨论停火问题! 特朗普分别与普京、泽连斯基通话! 佩斯科夫当 天还表示,目前没有在筹备普京与特朗普的会晤。他表示,乌克兰问题的解决需要开展细致而 漫长的工作。 此前总台记者获悉,当地时间19日,乌克兰总统办公室证实,美国总统特朗普已与乌克兰总统泽连斯基就乌克兰停火问题进行了电话会 谈。 乌克兰媒体报道称,此次通话发生在美国总统特朗普与俄罗斯总统普京对话之前。 此外,乌克兰媒体还称,特朗普计划在与普京通话结束后再次致电泽连斯基。 存款利率即将迎来新一轮下调。 中国建设银行于5月20日下调了人民币存款利率,其中活期利率下调5个基点至0.05%;定期整存整取三个月期、半年期、一年期、二年 期均下调15个基点,分别为0.65%、0.85%、0.95%、1.05%;三年期和五年期 ...
标普险守六连阳!美股先抑后扬,黄金收复3200美元
Di Yi Cai Jing· 2025-05-19 22:54
Group 1 - Moody's downgraded the U.S. sovereign credit rating from "Aaa" to "Aa1" due to concerns over the growing $36 trillion debt, becoming the last of the three major credit rating agencies to do so [3] - The downgrade has raised concerns in the market, with analysts noting that it has brought many existing worries back into focus [3] - Major banks, including Bank of America and JPMorgan, saw their deposit ratings downgraded by Moody's, citing the weakened government support for these banks following the sovereign rating downgrade [4] Group 2 - The Dow Jones Industrial Average rose by 137.33 points, or 0.32%, closing at 42,792.07 points, while the Nasdaq and S&P 500 saw minor increases [2] - Long-term U.S. Treasury yields fluctuated, with the 10-year yield reaching a high of 4.52% before settling at 4.47% [4] - Notable stock movements included a 1% increase in Microsoft shares, while Apple and Tesla saw declines of 1.1% and 2.2%, respectively [5]
美财长淡化主权信用评级下调:与拜登政府政策有关,穆迪评级是滞后指标
Huan Qiu Shi Bao· 2025-05-19 22:48
路透社18日报道称,穆迪下调美国主权信用评级加剧了投资者对迫在眉睫的债务定时炸弹的担忧。该媒 体19日在另一篇报道中说,美国信用评级下调后美元下跌,美元兑日元周一跌至一周低点,因为市场正 在消化美国政府信用评级意外下调,同时贸易摩擦担忧也在打压市场情绪。澳新银行外汇研究主管扎曼 表示,对美国经济增长风险和美国政府政策议程的关注,可能使美国的避险地位受到质疑。 美国《纽约时报》19日报道称,令市场震荡的一个因素是美国国会正在审议的一项法案,该法案将使特 朗普标志性的2017年减税政策永久化,这可能会让联邦债务增加数万亿美元。评级机构穆迪在下调美国 信用评级时提到了上述法案。众议院一个委员会已于上周日晚投票批准了该法案。报道提到,美国股指 期货显示,周一美国市场开盘时,股市可能将下跌约1%。 中国外交部发言人毛宁在19日的例行记者会上,就穆迪下调美国主权信用评级一事表示,美国应当采取 负责任的政策措施,维护国际经济金融体系的稳定,也保障投资者的利益。 【环球时报特约记者 任重】当地时间18日,美国财政部长贝森特试图淡化信用评级机构穆迪下调美国 主权信用评级的影响。据美国全国广播公司(NBC)报道,贝森特在当天一档 ...
穆迪下调美国信用评级后,抵押贷款利率跃升至7%以上
news flash· 2025-05-19 21:53
"对于潜在购房者来说,现在的时机确实不太理想,"一名经济学家表示。5月16日,穆迪将美国主权信 用评级从Aa1下调至Aaa。这是最后一家取消美国AAA评级的大型信用评级公司。标普全球评级在2011 年夏季下调了美国债务评级。 ...
深夜 美股开盘巨震!
Zheng Quan Shi Bao· 2025-05-19 15:34
Core Viewpoint - Moody's downgrade of the U.S. government credit rating has triggered significant volatility in the U.S. financial markets, impacting stock indices and bond yields [1][2][4]. Group 1: Moody's Downgrade - Moody's downgraded the U.S. government's long-term issuer and unsecured debt rating from AAA to AA1, changing the outlook from negative to stable [2]. - The downgrade reflects a rising debt and interest payment ratio over the past decade, which has deteriorated the fiscal performance relative to other high-rated sovereign nations [2]. - Moody's noted that the stable outlook is based on the U.S.'s unique credit strengths, including economic scale, resilience, and the dollar's status as a global reserve currency [2]. Group 2: Market Reactions - Following the downgrade, U.S. stock indices experienced initial declines, with the Nasdaq and S&P 500 dropping over 1% at one point, while the Dow Jones fell over 0.7% before recovering slightly [1][4][5]. - U.S. Treasury yields rose, with the 10-year yield surpassing 4.5%, reflecting market reactions to the downgrade [1][4]. - The 30-year Treasury bond led the decline, with its yield exceeding 5%, causing the yield curve to steepen [4]. Group 3: Economic Perspectives - U.S. economic officials, including the National Economic Council Director, emphasized that the downgrade should not surprise the market and asserted that U.S. debt remains a safe investment [3]. - Federal Reserve officials indicated that they are focused on fulfilling their price and employment mandates, while also preparing to provide liquidity to the financial system [3]. - Some analysts view the downgrade as a potential buying opportunity for stocks, suggesting that the correlation between stock returns and bond yields may shift, making stocks more sensitive to interest rates [7].
欧美主权债收益率纷纷回吐涨幅,穆迪对美国降级的影响“昙花一现”
news flash· 2025-05-19 14:53
2/10年期美债收益率利差维持大约4.2个基点的涨幅,目前交投于+52个基点下方,18:00曾涨至+54.065 个基点。 穆迪上周五美股盘后下调美国评级,10年期美债收益率周一一度持续震荡上行。 德国10年期国债收益率跌约1个基点,刷新日低至2.58%一线,17:25还曾涨至2.654%;30年期德债价格 跌幅收窄,其收益率持平于3.04%。 英国10年期国债收益率涨幅收窄至0.8个基点,刷新日低至4.657%,17:25曾涨至4.726%,随后持续回吐 涨幅。 美国10年期国债收益率回落至4.5%一线,日内整体涨幅收窄至不足2.4个基点,北京时间21:02还曾涨至 4.5624%。 30年期美债收益率回落至4.98%下方,20:33也曾刷新日高至5.0353%。 两年期美债收益率跌约2.0个基点,退守3.98%一线,19:51还曾涨至4.0378%。 ...
增强国家AI主权保障用户私隐 大马推介策略人工智能基础设施
Sou Hu Wang· 2025-05-19 13:19
(吉隆坡19日讯)通讯部副部长张念群指出,我国已正式推介策略人工智能(AI)基础设施,是我国在AI方面迈出的重要 一步,通过DeepSeek等大型语言模型本地化及将服务器设在国内,确保数据在本地处理,从而增强国家的AI主权,并 保障用户隐私与数据安全。 她说,这项计划的特别之处在于,数据将储存在大马、由大马人管理,并由大马人使用,这正是我们维护AI主权的方 式。 "现在不同于以往云端或数据中心设在海外,如今一切都设在本地,服务器在大马、管理权在大马,AI代理也由大马 人开发。我认为,这正是我们实现AI应用本地化的方式。" 她今日在"策略人工智能基础设施:可信、主权及全球"推介礼后,在记者会上这么说。 张念群提到,这项目标志著华为的芯片和服务器,以及DeepSeek大型语言模型首次在中国以外落地,开创区域先河。 "这是中国以外首个此类项目,我们感到非常自豪。这意味著在AI采用与应用方面,大马有望引领东盟。" 这被誉为大马首个完整国家级AI基础设施平台,旨在协助政府、企业与大学利用AI提升服务、提高生产力及推动创 新。 在活动中,张念群也推介我国首个主权生成式AI环境,由AlterMatic DT250AI服务器 ...