贝莱德集团Jeff Rosenberg：美联储的反应机制（相比针对价格稳定性）更侧重于劳动力一端。 ...

尽管有人努力将美联储理事沃勒的反对票与美联储主席任命联系起来，但Pimco分析师Richard Clarida和 Apollo的分析师Torsten Slok都对沃勒投出的反对票持字面解读，认为这一决定纯粹是由于他对劳动力市 场的担忧所驱动。 ...

与近期会议情况类似，本次决议仍存分歧。理事斯蒂芬·米伦和克里斯托弗·沃勒投票反对维持利率，二 人均主张再次降息25个基点。两人均由特朗普总统任命——米伦于2025年9月填补未届满的理事席位， 沃勒则在特朗普首个任期内获任。米伦的任期将于本周六结束，沃勒曾接受美联储主席职位面试但被认 为希望渺茫。 这项常规决策的背后，是美联储当前极不寻常的处境。主席杰罗姆·鲍威尔仅剩两次主持会议的机会， 其动荡的八年任期即将结束，其间历经全球疫情、深度衰退以及与特朗普似乎无休止的对抗。 近期，司法部就美联储华盛顿总部大规模修缮工程向鲍威尔发出传票。此前，特朗普曾多次威胁解雇鲍 威尔，并已启动罢免丽莎·库克理事的程序，该案正待美国最高法院裁决。 美联储周三投票决定暂停近期连续降息的步伐，此刻央行正面临关于其独立性的质疑，并等待新领导人 的任命。 如市场预期，美联储联邦公开市场委员会投票决定将关键利率维持在3.5%-3.75%区间。此举中止了连续 三次25个基点的降息，此前这些降息被视为防范劳动力市场潜在下滑的预防性措施。 在投票维持利率不变的同时，委员会上调了对经济增长的评估，并降低了对劳动力市场相对于通胀的担 忧程度。 会后声 ...

Imaginative depiction of Donald Trump speaking at a podium with a microphone, set against a map of Europe. Key Points The Trump administration reignited tariff threats to Europe in January over the purchase of Greenland. While the Greenland debate seems to have abated, the threat of tariffs on U.S. trading partners isn't likely to end anytime soon. These three European stocks are largely immune to tariffs and can serve as safe havens for capital if these threats return.  Interested in Rheinmetall AG U ...

Allspring全球投资公司高级投资组合经理Lauren van Biljon指出，日本即将举行的大选、持续过度宽松 的货币政策以及市场技术面因素正相互交织，共同推升日本国债与日元的波动性。 她表示，这一复杂背景在债券市场上体现为收益率曲线明显陡峭化，而在外汇市场则表现为日元整体走 弱——尽管近期因市场对日本当局可能干预汇市的预期升温，日元出现短暂反弹。 Lauren van Biljon特别强调："1月份日本国债市场的调整速度令人震惊。"她解释称，过去几周长端利率 的剧烈错位最初源于市场对日本财政可持续性的担忧，并因市场流动性薄弱而进一步放大。此外，日本 央行当前的政策立场被其视为"悬而未决的风险"。（新华财经） ...

Core Viewpoint - Silver prices continue to rise driven by a weaker US dollar, as investors shift from sovereign bonds and currency assets to safe-haven hard assets [1] Group 1: Market Trends - Analysts from Saxo Bank indicate that the focus on devaluation trades has led to a strong upward trend in both gold and silver prices [1] - The preference for aggressive rate cuts is highlighted by the potential candidacy of BlackRock executive Rick Riedel as the next Federal Reserve Chair, reinforcing the trend towards safe-haven assets [1]

Core Viewpoint - BlackRock has increased its long position in CK Hutchison Holdings Limited from 4.99% to 5.0% as of January 22, 2026 [1] Company Summary - BlackRock's stake in CK Hutchison Holdings Limited now stands at 5.0%, reflecting a slight increase from the previous 4.99% [1]

Core Viewpoint - The investment director of PIMCO, Daniel Ivascyn, suggests that global economic growth is expected to remain strong through 2026, and investors should consider global diversification in their asset allocation strategies [1]. Group 1: Investment Opportunities in Bonds - High-quality fixed income assets are currently at their most attractive valuation levels in years, with initial yields closely linked to future returns, providing a positive long-term outlook for investors [2]. - Historical data shows a 94% correlation between initial bond yields and future 5-year returns, indicating that current bond yields, particularly in the U.S. market, are at their highest levels in a decade, suggesting potential for attractive returns [2]. - The current market environment is shifting, making bonds more appealing compared to the historically high valuations of the stock market, where the cyclically adjusted price-to-earnings (CAPE) ratio exceeds 35 [2]. Group 2: Investment Strategies - Ivascyn emphasizes two key strategies: global diversification and active management to navigate market volatility and differentiation among countries' fiscal and monetary policies [3]. - Investors are advised to combine stock and bond investments, increasing bond allocations to achieve higher long-term returns through a mixed portfolio approach [3]. - The global economic outlook remains strong, with significant differentiation in fiscal and monetary policies across countries, creating opportunities for active investment management [3]. Group 3: Gold Market Outlook - Gold prices have surged, with spot gold prices increasing over 60% in 2025 and surpassing $5,000 per ounce at the beginning of 2026, driven by geopolitical tensions and concerns over high debt levels in countries like the U.S. and Japan [4]. - The demand from central banks and individual investors supports the bullish trend in gold, which is expected to continue as long as geopolitical tensions and debt concerns persist [4]. - Despite the rapid increase in gold prices, there may be short-term corrections, but the long-term outlook remains strong, suggesting that investors should consider increasing their allocation to gold-related products [4].

浙商汇金卓越配置一年持有混合(FOF)A/B成立于2021年11月08日，截至2026年01月26日，其今年 来收益率为2.70%、2.71%，成立来收益率为-20.37%、-19.66%，累计净值为2.4085元、2.1389元。 中国经济网北京1月28日讯 今日，浙江浙商证券资产管理有限公司公告，浙商汇金卓越配置一年持 有混合（FOF）、浙商汇金卓越稳健3个月持有混合发起式（FOF）增聘陈正声。 浙商汇金卓越稳健3个月持有混合发起式(FOF)A/C成立于2023年07月31日，截至2026年01月26日， 其今年来收益率为1.60%、1.62%，成立来收益率为11.23%、8.65%，累计净值为1.1123元、1.0865元。 陈正声曾任上海申银万国证券研究所金融工程部博士后研究员、申万宏源证券资产管理事业部权益 投资部FOF投资负责人、山西证券金融产品投资部总经理，现任浙江浙商证券资产管理有限公司资产配 置部行政负责人。 | 基金名称 | 浙商汇金卓越配置一年持有期混合型基金中基 | | --- | --- | | | 金(FOF) | | 基金简称 | 浙商汇金卓越配置一年持有混合(FOF) | | ...

在香港亚洲金融论坛中，香港财库局副局长陈浩濂对新浪财经表示，2025年，香港股票市场、银行业、 保险业及资产管理等主要板块交出理想答卷，彰显着香港资本市场的韧性与吸引力。 银行业方面，陈浩濂表示，香港银行业客户存款总额按年增长约一成。 市场数据显示，2025年香港银行体系流动性充裕，受资本市场交投活跃及资金持续净流入带动，香港银 行存款规模显著扩容。其中，外币存款增长尤为突出，同比增幅约15%，人民币存款规模较年初增长超 7%。 保险业表现同样优秀，陈浩濂介绍，香港保险业毛保费按年增长超30%。 股票市场方面，港股市场活跃度大幅攀升，日均成交同比增长约九成。 数据显示，2025年，香港现货市场日均成交额达2498亿港元，按年增长89.5%。全年IPO集资额高达 2858亿港元，时隔四年再度突破2000亿港元大关，按年增超2倍，超越美国纽约证券交易所，募资额居 全球首位。 股票市场方面，港股市场活跃度大幅攀升，日均成交同比增长约九成。 数据显示，2025年，香港现货市场日均成交额达2498亿港元，按年增长89.5%。全年IPO集资额高达 2858亿港元，时隔四年再度突破2000亿港元大关，按年增超2倍，超越美国 ...