地缘政治推动美元走强回归 – 加拿大丰业银行
加拿大丰业银行(Scotiabank)全球外汇策略团队报告称,随着G10货币表现重新与早期美伊冲突模式对齐,美元普遍走强。他们强调,随着市场重新评估长期冲突风险、央行路径和剧烈的收益率重新定价,风险情绪依然脆弱。

加拿大丰业银行全球外汇策略团队报告称,随着G10货币表现重新与美伊冲突初期模式对齐,美元整体走强。他们强调,随着市场重新评估长期冲突风险、央行路径及剧烈的收益率重新定价,风险情绪依然脆弱。油价基准出现分化,而铜和黄金在近期波动后显示出技术稳定的迹象。

美元坚挺,冲突风险重新定价

“美元本周以整体走强收官,G10货币的相对表现分布回归到美伊冲突早期阶段的模式。”

“本周对伊朗主要天然气田和卡塔尔关键液化天然气出口设施的袭击,使市场和政策制定者不得不应对冲突可能延长以及修复仍在持续的损害时间线更加漫长的可能性。”

“过去几天收益率大幅上升,英国市场波动尤为剧烈,市场对美联储的谨慎态度、日益模糊的鸽派立场、明显鹰派的欧洲央行以及英国央行意外激进的180度转变作出反应。”

“对于美联储而言,预期宽松的预期正在消退,联邦基金期货目前对2027年9月之前的政策变动几乎没有定价。”

“回到市场,油价出现一定分化,WTI在90美元中段/桶区间显示稳定迹象,而作为全球基准的布伦特油价则因最新紧张局势升级而重新上涨,逼近100美元/桶。”

(本文借助人工智能工具生成,并由编辑审核。)

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