隔夜市场 日本央行取消负利率及资产买入政策 市场对此早有预期

市场交易平静,等待美国议息会议和之后的主席发言。 尽管最近通胀上升可能会影响论调,但不太可能发生真正的变化。 真正的央行行动来自日本央行,日本央行宣布对其结构性货币政策控制进行彻底改革,包括取消负利率(尽管仅降至零),并取消许多控制措施。 日本央行取消了收益率控制、ETF 和 Reits的买入,未来将依靠债务货币化的速度来控制利率。 对此,投资者并没有留下深刻的印象,日元暴跌至 151.00。 在美联储利率决定之前,市场保持稳定,欧元汇率为 1.0850,而英镑汇率则波动至 1.2720。
正如预期的那样,澳洲联储维持利率不变,但就通胀的未来展开了一场评论上的博弈。 总体上,评论属于“鹰派”,强化了他们对通胀的积极态度,但却同时悄悄删除了任何提及未来加息的语言。 市场并没有忽视这一点,澳元跌至 0.6500,而纽元则回落至 0.6035。 目前,所有的目光都集中在美联储及其主席身上。
Markets were quiet, awaiting of the key FOMC meeting and rate decision/commentary, from the Federal Reserve Chairman. There is unlikely to be any change although the recent rises in inflation may influence the narrative. The real Central Bank action was from the Bank of Japan. The Japanese Central Bank announced an overhaul of their structural monetary policy controls, including moving away from negative interest rates (albeit only to zero), and removal of many controls. The BoJ removed yield controls, ETF and R/E debt and is phasing out the purchase of corporate and commercial debt. The Bank will rely on debt monetisation techniques to control interest rate. Investors were not impressed, and the Yen crashed towards 151.00. The markets were otherwise stable ahead of the Fed rate decision, with the EUR trading 1.0850, while the GBP drifted to 1.2720.
The RBA left rates unchanged, as expected, but talked a big game regarding their war on inflation. The commentary was ‘hawkish’, reinforcing their aggressive attitude towards inflation, while quietly removing any language referring to any future interest rate rises. This did not go unnoticed by markets and the AUD tumbled to 0.6500, while the NZD fell back to 0.6035, in sympathy. All eyes are on the Federal Reserve and their Chairman.
en_NZEnglish (New Zealand)
Scroll to Top