高盛:若美聯儲轉向更鴿派立場,美元或全線走弱
Jul 02, 2025 14:36:46
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ChainCatcher 消息,高盛最新研報指出,若美聯儲轉向更鴿派立場,將出現四種市場情景:純鴿派政策衝擊、增長預期下降、鴿派與增長下滑共存、鴿派與增長上行並行。
分析顯示,美債收益率下行、歐元/日元/瑞郎走強和黃金上漲是各情景中最穩定趨勢,而美股表現則高度依賴增長前景。"鴿派+增長上行"情景對風險資產最有利,但夏季就業與通脹數據若惡化可能重燃增長擔憂。目前市場已開始定價美聯儲寬鬆政策,但後續走勢將高度依賴經濟數據表現。
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