隔夜市场 美国PPI数据显示通胀下降过程受阻

美国生产者物价PPI指数(生产部分通胀的衡量标准)不仅扭转了PPI指数通胀急剧下降的趋势,而且大幅上升。 通胀的这种方向性变化同样也反映在本周早些时候发布的消费者物价指数CPI中,但基本上被忽视了。 这些被认为是异常值和暂时的异常现象,但如果趋势逆转并且通胀恢复上升趋势,那么这将导致美联储在年中降息的预期出现逆转。 美国债券收益率和美元双双上涨,欧元回落至1.0880。 而英镑跌至1.2730。
美元上升打击了重新焕发活力的商品货币,澳元跌至0.6570,纽元跌至0.6130。 美国通胀上升的情况如果在欧洲和亚洲重演,将成为降低利率的严峻挑战。 这对任何经济复苏都将是一个残酷的打击,特别是在欧洲严重衰退的国家。 美国零售销售数据也低于预期,消费者可能感受到了新的通胀压力。
The US PPI number (measure of wholesale inflation), was not only a reversal in the steep downward trend in PPI inflation, but a substantial spike upwards. This directional change in inflation was mirrored in the CPI, released earlier in the week, but largely ignored. These are considered outliers and a temporary aberration, but if the trend is in reverse and inflation is resuming to an upward trend, then this will give serious pause to the Federal Reserve regarding projected rate cuts in the middle of the calendar year. US Bond Yields and the US Dollar both spiked upwards, with the EUR retreating to 1.0880. while the GBP dropped to 1.2730.
The rising reserve hit the rejuvenated commodity currencies, with the AUD falling to 0.6570, while the NZD slipped to 0.6130. The rise in inflation in the US, were it to be repeated in Europe and Asia, would become a serious challenge to lower interest rates. This would be a savage blow to any economic recovery, especially in heavily recessionary Countries in Europe. The US Retail Sales number also missed expectations, with the consumer perhaps feeling the renewed inflationary pressures.
en_NZEnglish (New Zealand)
Scroll to Top