在欧洲央行最新利率决定公布之前,欧洲股市继续挣扎,由于经济数据疲软,股市整周下跌。欧盟CPI继续下降,6 月份从 2.6% 降至 2.5%。通胀率走低是经济衰退的直接结果,经济衰退似乎将持续下去,但可能不会导致欧洲央行进一步降息。虽然欧洲经济迫切需要通过降低利息成本来提振,但持续增加的赤字/债务和高能源成本带来的通胀压力仍然存在。美国股市也涨跌互现,道琼斯指数飙升至历史新高,而科技股占比较高的纳斯达克指数则遭受重创。芯片制造商在技术互换和制裁方面面临一些政府压力。美元稳定,欧元兑美元汇率在 1.0900 左右,而英镑有望重回 1.3000。
期待已久的新西兰季度通胀数据(CPI)公布,显示通胀大幅下降。总体利率从 4% 降至 3.3%,为新西兰央行降息提供了机会。新西兰数据间隔较大,季度 CPI 数据必须至少升级为月度数据,才能充分监测经济中的通货膨胀。CPI中的本地通货膨胀仍然居高不下,令人担忧,新西兰央行仍将面临压力。市场现在正在等待欧洲央行的最新利率决定。
European equity markets continue to struggle, with falls all week from subdued economic data, ahead of the ECB’s latest interest rate decision. EU inflation continues to fall, dropping from 2.6%, to 2.5% in June. The softer inflation is a direct result of recessionary conditions, which looks set to continue, but may not result in further rate cuts from the ECB. The European economy is in dire need of boost, through lower interest costs, but inflationary pressures from continued and mounting deficit/debt and high energy costs remain. The US equity markets were also mixed, with the DOW surging to record highs, while the tech-heavy NASDAQ suffers serious losses. The ‘Chip’ makers are under some Governmental pressures regarding technology swaps and sanctions. The US Dollar was steady, with the EUR trading around 1.0900, while the GBP looks to regain 1.3000.
The long-awaited NZ Quarterly inflation data was released, showing substantial falls in inflation. The headline rate fell from 4%, to 3.3%, offering the opportunity for the RBNZ to cut interest rates. Quarterly CPI readings must be upgraded to monthly, at the very least, to adequately monitor inflation in the economy. Inflation still remains elevated, which is of concern, but pressure will be brought to bear on the NZ Central Bank. Markets now await the latest ECB interest rate decision.
期待已久的新西兰季度通胀数据(CPI)公布,显示通胀大幅下降。总体利率从 4% 降至 3.3%,为新西兰央行降息提供了机会。新西兰数据间隔较大,季度 CPI 数据必须至少升级为月度数据,才能充分监测经济中的通货膨胀。CPI中的本地通货膨胀仍然居高不下,令人担忧,新西兰央行仍将面临压力。市场现在正在等待欧洲央行的最新利率决定。
European equity markets continue to struggle, with falls all week from subdued economic data, ahead of the ECB’s latest interest rate decision. EU inflation continues to fall, dropping from 2.6%, to 2.5% in June. The softer inflation is a direct result of recessionary conditions, which looks set to continue, but may not result in further rate cuts from the ECB. The European economy is in dire need of boost, through lower interest costs, but inflationary pressures from continued and mounting deficit/debt and high energy costs remain. The US equity markets were also mixed, with the DOW surging to record highs, while the tech-heavy NASDAQ suffers serious losses. The ‘Chip’ makers are under some Governmental pressures regarding technology swaps and sanctions. The US Dollar was steady, with the EUR trading around 1.0900, while the GBP looks to regain 1.3000.
The long-awaited NZ Quarterly inflation data was released, showing substantial falls in inflation. The headline rate fell from 4%, to 3.3%, offering the opportunity for the RBNZ to cut interest rates. Quarterly CPI readings must be upgraded to monthly, at the very least, to adequately monitor inflation in the economy. Inflation still remains elevated, which is of concern, but pressure will be brought to bear on the NZ Central Bank. Markets now await the latest ECB interest rate decision.