美欧货币政策分化严重,欧元创下新高
关键词:欧元创下新高
11月30日,欧元创下近三个月的新高,美联储将采取更多宽松措施,推动美指创下新低,同时疫苗研发的乐观进展也提振了市场的风险情绪。此外欧洲央行行长表示,货币政策刺激经济并没有各国财政计划来得更有效。
欧洲央行行长拉加德表示,利率将在相当长一段时间内保持在低水平,货币政策不能像财政措施那样有针对性,财政和货币政策的协调起到了很大作用。债务必须在某个阶段稳定下来,但不是现在,欧盟财政计划不能被明显推迟,欧洲必须在提供股权融资方面做得更好。
分析师指出,由于美国大选结果迟迟未决,让议员的注意力不能集中在通过任何形势的财政支出计划上,因此投资者开始预期,美联储将介入,很可能在12月的下次会议上决定购买更多债券。
本周美国将公布11月非农就业报告和ISM制造业及非制造业数据,预计非农新增就业人数将略高于市场预期的50万,而ISM制造业和非制造业数据将低于市场预期。本周的焦点将是,感恩节之后,美国各州州长是否会选择实施更加严厉的封锁措施,以遏制第二波疫情。尽管更多封锁措施会抑制美国股市,但美联储料将增加市场流动性的前景,应会抑制美元上涨。另外从历史经验看,过去10年,美元有7年在12月录得下跌,因此预计美元在今年年底会温和下跌。
未来一周在欧洲央行决议将至,且欧元区封锁措施前景仍存变数的背景下,欧元汇价走势可能出现反复,但之后在年底之前,欧元兑美元将重拾涨势升破1.20并站稳于此关口上方,之后在2021年将在美联储进一步宽松政策措施的推动下继续上升至1.25一线。
本文来源: 大田环球贵金属
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