隔夜市场 联储降息50基点,显示货币政策决心

美联储大幅降息 50 个基点。周期已经转变,市场松了一口气。对于长期受苦的借款人来说,这是期待已久的信号,并可能提振股票和债券市场。美联储还表示,未来还将进一步降息。这是意料之中的,但 50 个基点表明美联储决心已定。在经济方面,欧洲和英国的通胀率稳定,符合预期,均为 2.2%。再加上美联储的利率决定,英国央行今晚考虑货币政策时很可能会进一步降息。受此消息影响,美元走软,欧元跃升至 1.1180,而英镑飙升至 1.3250 以上。
尽管一些经济数据令人担忧,但美元走弱使商品货币继续上涨。尽管经济数据恶化,但澳元突破 0.6800,而新西兰元飙升至 0.6200 以上。新西兰经常账户赤字激增,达到 GDP 的 6.7%。当地经济状况疲软,这些数字表明这种疲软已蔓延至贸易部门。目前市场将消化最新的 FOMC IRD,并将密切关注将于今天发布的澳大利亚就业数据。
The Fed cut rates an aggressive 50 basis points. The cycle has well and truly turned, and markets were relieved. This is long awaited relief for long suffering borrowers and likely to be a boost for equity and bond markets. The Fed also indicated more rate cuts are on the way. This was expected, but the 50 basis points, shows the Fed are committed. On the economic front, European and UK inflation was steady, in line with expectations, both coming in at 2.2%. This combined with the Fed rate decision may well incline the Bank of England to make a further rate cut, when they consider monetary policy tonight. The US Dollar was softer on the news, with the EUR jumping to 1.1180, while the GBP spiked above 1.3250.
The weaker reserve allowed commodity currencies to continue to gain ground, despite some worrying economic data. The AUD broke above 0.6800, while the NZD surged above 0.6200, despite deteriorating economic data. The NZ Current Account deficit surged and hit 6.7% of GDP. Local economic conditions are weak, and these numbers show that weakness, extends to the trade sector. Markets will consume and digest the latest FOMC IRD and will also look closely at the Australian employment data, set to be released today.
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