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美联储陷两难:通胀预期飙升vs失业率压力
Jin Tou Wang· 2025-04-30 07:03
从日线图表现来看,美元指数当前处于明显的下行通道中,MA55均线(103.6526)明显向下倾斜,表明 中期下行趋势仍占主导。短期内,MA14均线(99.8024)和MA200(104.5273)形成的价格带为价格提供了 关键的运行区间。 周三(4月30日)亚盘早盘,美元指数最新价报99.30,涨幅0.08%,开盘价为99.22。美国消费者长期通 胀预期连续第二个月大幅上升,这一趋势不太可能是随机异常或测量误差。 密歇根大学的调查结果显示,美国消费者通胀预期显著上升,与2021/22年疫情后通胀期间的温和上升 形成鲜明对比。德意志商业银行外汇和大宗商品研究主管UlrichLeuchtmann指出,通胀预期是通胀的主 要驱动因素之一。如果通胀预期持续上升,美联储将难以忽视关税引发的通胀冲击。当长期通胀预期较 高时,如果美联储不采取行动,通胀可能会进一步上升。Leuchtmann强调,美联储越晚干预,后续采取 措施的痛苦程度可能越高。上周,美联储理事ChristopherWaller表示,如果美国关税导致失业率上升 (他认为是在7月之后),美联储应降低关键利率。然而,如果通胀预期同时上升,这一决策将变得更 加复杂 ...
许安鸿:黄金调整多头仍然偏强,原油暂时难破窄幅震荡
Sou Hu Cai Jing· 2025-04-30 02:01
Group 1 - The US dollar index fell, closing down 0.69% at 98.93, while US Treasury yields continued to decline, with the 10-year yield at 4.211%, a three-week low [1] - Spot gold reversed its earlier decline, rising 0.75% to close at $3344.08 per ounce, supported by buying interest after a drop of 1.8% [1] - The long-term outlook for gold remains positive due to ongoing central bank purchases, expectations of a shift in Federal Reserve policy, and geopolitical risks [1] Group 2 - WTI crude oil futures fell 2.03% to $61.89 per barrel, marking a near two-week low, amid uncertainties regarding OPEC+ production plans and concerns over the organization's unity [3] - Oil prices are expected to remain in a narrow trading range due to the lack of significant positive or negative news, with support confirmed around the $55 level and resistance near $65 [5] - The market sentiment indicates a preference for a cautious approach in trading, focusing on trend analysis and strategic entry points rather than emotional trading [5]
金晟富:4.30黄金震荡拉锯静待破位!日内黄金如何交易?
Sou Hu Cai Jing· 2025-04-30 01:31
黄金周三(4月30日)亚市早盘,现货黄金窄幅震荡,目前交投于3315.16美元/盎司附近。周二金价下 跌0.8%,收报3317.06美元/盎司,特朗普政府突然软化汽车关税立场,导致避险资产黄金的价格承压, 而美元则趁机反弹。黄金最近处于一个区间震荡中,因为市场现在在等待首个贸易协议的细节,预计将 在本周或下周公布。上周黄金达到一个转折点,特朗普发表一些非常积极的评论,同时滞涨风险继续被 排除,黄金也持续下行。滞涨定价曾推动黄金价格上涨,而随着市场开始排除这种风险,出现修正是正 常的,尤其是考虑到"做多黄金"已经成为最拥挤的交易之一。本交易日将迎来美国一季度GDP数据和3 月份PCE数据,这场由政策转向引发的资产价格大洗牌,正将市场焦点重新拉回美联储政策走向与经济 基本面。 特朗普周二签署行政令,通过对汽车制造商提供税收抵免等方式减轻关税冲击。在这场政策、数据与市 场预期的三重博弈中,黄金正站在十字路口。短期来看,风险偏好回升压制金价;但若本周数据坐实经 济衰退风险,美联储可能被迫转向,届时黄金或将迎来新一轮爆发。聪明的投资者正在密切关注周三 PCE、一季度GDP数据与周五非农这两大关键数据,它们很可能成为决定 ...
分析师:随着投资者对经济增长前景的担忧加剧,倾向于预期收益率下行
news flash· 2025-04-29 17:10
Group 1 - The market narrative is expected to oscillate between recession and stagflation until trade issues are resolved, the Federal Reserve begins to ease policies, or inflationary pressures fail to build [1] - Investors are increasingly concerned about the economic growth outlook, leading to expectations of declining yields [1] - BMO Capital Markets analyst Ian Lyngen expresses concerns about further weakening economic data in the short term [1] Group 2 - HSBC strategists, including Nicole Inui, highlight the need for clarity on economic conditions to stabilize market expectations [1]
国际黄金维持区间震荡 美联储政策路径仍受到高度关注
Jin Tou Wang· 2025-04-29 08:24
周二(4月29日)欧市盘中,国际黄金继续维持区间震荡,截至发稿报3324.49美元/盎司,跌幅0.58%,今 日金价开盘于3341.30美元/盎司,最高上探3348.36美元/盎司,最低触及3304.69美元/盎司。 【要闻速递】 尽管市场风险偏好短暂回升,市场仍保持高度关注美联储政策路径。市场普遍预期美联储将在6月恢复 降息周期,全年或将实施三次降息。 "在当前不确定性环境下,黄金仍是应对利率和地缘双重风险的核心配置。"OANDA分析师Craig Erlam 指出。 此外,俄罗斯单方面宣布将在5月8日实施72小时停火,但乌克兰方面并未回应,地缘局势缓和,为黄金 提供潜在支撑。 巴克莱策略师在一份报告中说,该行仍然建议投资者买入五年期美国国债,为美联储降低利率做准备。 巴克莱建议投资者在4月中旬重新建立五年期美国国债的多头头寸,而在4月2日关税公告公布后,鉴于 价格重新定价和更高的不确定性,投资者已转为中性。 【黄金技术分析】 黄金周一下跌在3268.00之上受到支持,上涨在3353.00之下遇阻,意味着欧美短线下跌后有可能保持上 涨的走势。如果黄金今天下跌在3293.00之上企稳,后市上涨的目标将会指向33 ...
荷兰国际银行:特朗普质疑美联储政策对美国国债无益
news flash· 2025-04-28 12:00
金十数据4月28日讯,荷兰国际银行利率策略师在一份报告中表示,美国总统特朗普最近对美联储政策 的质疑,对长期国债没有帮助。解除美联储主席鲍威尔的职务似乎不在讨论范围内,但特朗普批评美联 储降息步伐缓慢。此外,策略师们表示,当鲍威尔的任期于2026年5月结束时,特朗普将任命一位新主 席。美国国债在4月份经历了一个非常不稳定的阶段,尽管它们现在似乎正在企稳。据Tradeweb的数 据,10年期美国国债收益率下跌1个基点,至4.256%。LSEG数据显示,货币市场显示投资者完全消化 了美国7月降息的预期,6月也有可能降息。 荷兰国际银行:特朗普质疑美联储政策对美国国债无益 ...
山海:黄金在低位震荡区间,等待上破走单边!
Sou Hu Cai Jing· 2025-04-28 01:51
Market Environment - The market environment is complex with significant volatility, making accurate predictions difficult, leading to a recommendation for reduced trading and increased observation [2] - The extreme market conditions from last week are expected to stabilize, returning to a more technical trading environment [2] Economic Indicators - This week is significant due to the non-farm payroll data, trade tariffs, geopolitical changes, and Federal Reserve policies, alongside unemployment claims data [2] Gold Market Analysis - The dollar has shown a slight rebound after forming a bottom, which is expected to support an increase in gold prices [3] - Despite a drop from 3500 to 3260, the long-term trend for gold remains bullish, with potential targets of 3420, 3500, and possibly breaking above 3500 [3] - Current gold trading is characterized by low-level fluctuations, with key resistance at 3370; a break above this level could lead to significant upward movement [4] Silver Market Analysis - The international silver market has shown a strong trend, with expectations of reaching around 34, while maintaining support at 32 [4] - Domestic silver is experiencing high-level fluctuations, with a focus on the 8400/8150 range for potential trading opportunities [5] Oil Market Analysis - The international oil market is currently in a weak range, with a trading range of 64.5 to 61.5; breaking this range could lead to a more definitive trend [5] - Fuel oil has also been in a consolidation phase, with potential for upward movement if it can establish a solid base [5]
黄金急转直下!市场炒作回归美联储政策?短线交易者应该回调布局还是谨慎等待?TTPS交易学长正在直播分析中,点击马上观看!
news flash· 2025-04-27 12:13
黄金行情讲解中 黄金急转直下!市场炒作回归美联储政策?短线交易者应该回调布局还是谨慎等待?TTPS交易学长正 在直播分析中,点击马上观看! 相关链接 ...
黄金走势推演与后市机会分析(2025.4.27)
Sou Hu Cai Jing· 2025-04-27 09:39
Group 1: Market Overview - Gold prices experienced volatility this week, reaching a high of $3500 per ounce before retreating due to a stronger dollar and profit-taking [2][3][4] - Trump's comments regarding interest rates and tariffs influenced market sentiment, initially boosting gold prices but later leading to a correction as trade tensions eased [3][6] - The uncertainty surrounding Federal Reserve policies contributed to fluctuations in gold prices, with mixed signals from Fed officials [5] Group 2: Technical Analysis - The recent price action suggests that gold is in a corrective phase after reaching the $3500 peak, with key support at $3260 and resistance at $3370/3371 [10][12][14] - If gold breaks above $3370/3371, it may indicate a continuation of the upward trend, while a drop below $3260 could signal a more significant downward movement [12][14] Group 3: Upcoming Events - The upcoming week will feature significant economic data releases, including non-farm payrolls, Q1 GDP, and PCE inflation data, which are expected to impact gold prices [9]
4月23日电,美联储官员卡什卡利表示,美联储政策制定者正根据数据显示出最合理的决策,这就是独立性的意义所在。
news flash· 2025-04-22 18:03
Core Viewpoint - Federal Reserve officials, particularly Kashkari, emphasize the importance of making decisions based on data, highlighting the significance of independence in policy-making [1] Group 1 - The Federal Reserve is focused on making the most reasonable decisions based on available data [1] - Kashkari's statement reflects the commitment of Federal Reserve policymakers to uphold their independence in decision-making [1]