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X7RAFK
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2021-07-06
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2021-07-04
nice good
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2021-06-28
hdh
Standard Chartered: Gold prices face two major risks in the second half of the year, and Bitcoin cannot replace gold
近日,美联储在议息会议结束后宣布维持联邦基金利率和购债规模不变,但同时大幅上调通胀预期。同时,点阵图显示,美联储将在2023年前加息2次。这一改变,令市场担忧美联储转向鹰派,从而引发市场大幅动荡,金价
Standard Chartered: Gold prices face two major risks in the second half of the year, and Bitcoin cannot replace gold
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2021-06-28
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2021-06-28
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2021-06-28
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2021-06-28
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2021-06-27
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2021-06-26
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2021-06-26
hey
Rush to the hot search! Nike CEO speaks out: The brand "belongs" to China and is born for China
“耐克是一个‘属于’中国、为中国服务的品牌。”耐克CEO的最新表态冲上热搜。 耐克CEO:耐克品牌“属于”中国 据观察者网援引英国金融时报报道,当地时间6月24日,耐克(Nike)首席执行官约翰多纳霍
Rush to the hot search! Nike CEO speaks out: The brand "belongs" to China and is born for China
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At the same time, the dot plot shows that the Federal Reserve will make two rate hike before 2023. This change caused the market to worry that the Federal Reserve would turn hawkish, which triggered sharp market turmoil, and the price of gold plummeted below $1,800. Has the gold price entered a downward channel? Where will gold prices go in the second half of the year?</p><p>In this regard, Wang Xinjie, chief investment strategist of the Chinese Wealth Management Department of Standard Chartered Bank, said that they currently hold a neutral view on gold, because in the second half of 2021, they expect to receive remarks from the Federal Reserve to reduce QE (quantitative easing). To a large extent, it is unfavorable for gold prices. They don't think the Fed will be very hawkish in reducing the scale of QE. Therefore, there is a high probability that the eagle will have a pigeon. Under this background, they believe that the fluctuation of assets such as gold and silver will increase, but it may not form a very obvious trend. In the next 12 months, they believe that The price of gold will be around $1,985.</p><p>The following is a transcript of Q&A:</p><p>Q: The Federal Reserve turned hawkish last week, the U.S. dollar soared, and the price of gold once plummeted by nearly $100. Under the expectation of early rate hike and reduction of QE, does this mean that the U.S. dollar has entered an upward channel, while gold has entered a downward channel?</p><p>Wang Xinjie: After the minutes of the meeting released by the Federal Reserve on June 17, we saw the hawkish remarks of the Federal Reserve's doves. First of all, judging from the dot chart, more and more officials expect to start rate hike before 2023, and discuss Tapering, that is, reducing QE, at the global central bank meeting in August this year. This is expected by more and more investors. expect. But this does not mean that the US dollar has entered an upward channel, while the investment in gold has entered a downward trend.</p><p>First of all, we need to understand what affects the price of the US dollar and gold. There are many factors that affect foreign exchange. The main ones are the relative interest rate spread relative to other countries, the relationship between supply and demand, and inflation factors. It is undeniable that if the Federal Reserve tightens liquidity, judging from the experience of 2013, it will cause the return of liquidity, which will also cause the US dollar to rise in a short period of time. However, from a longer-term perspective, the sequelae of over-issued currency will be slowly released. During the epidemic, a large number of over-issued currency caused oversupply. Now the purchase of US dollars is mainly through the Federal Reserve. If QE is reduced, demand will also be reduced. Add to the current inflation problem, debt problem and very low relative interest rate spreads with other countries. It may be difficult to reverse the long-term downward trend of the US dollar only through rate hike and reducing QE.</p><p>Gold is more direct. Gold basically has an inverse relationship with real interest rates and a positive relationship with inflation expectations. The well-known 10-year U.S. Treasury Bond is the sum of real interest rates and inflation expectations. After we saw the minutes of the June meeting, inflation expectations fell, causing a sharp drop in gold. According to the impact of QE reduction in 13 years, the yield will rise significantly, and then peak and fall back. Therefore, we also expect that under the expectation of QE reduction, the volatility of gold will increase. In the future, when the talk of QE reduction comes out, gold may be under further pressure, but it will then rise as the yield peaks.</p><p>Q: Since the beginning of this year, why has the price of gold been sluggish, contrary to other commodities?</p><p>Wang Xinjie: Gold has financial characteristics, while other metalloids have economic characteristics. Since November last year, vaccines have helped, the dust of the U.S. election has settled, and real interest rates have risen, which has been putting pressure on gold. On the other hand, the demand of overseas residents is rising, but the supply is insufficient, and the price of raw materials is rising, which has caused this deviation.</p><p>Q: What do you think of the trend of gold and silver in the second half of 2021? Will Gold Return to Above $2000?</p><p>Wang Xinjie: We currently hold a neutral view on gold, because in the second half of 2021, we expect to receive remarks from the Federal Reserve to reduce QE, which is largely detrimental to gold prices. But we don't think this kind of remark is a sign of the reversal of monetary policy, because judging from the current U.S. fiscal dependence on the Federal Reserve, we don't think the Federal Reserve will be very hawkish in reducing the scale of QE. Therefore, there is a high probability that the eagle will have a pigeon. Under this background, we believe that the fluctuation of assets such as gold and silver will increase, but it may not form a very obvious trend. In the next 12 months, we believe that the price of gold will be around $1,985.</p><p>Q: U.S. inflation has soared for two consecutive months, and at the same time, the Federal Reserve has significantly raised its inflation expectations. What do you think of the future trend of U.S. inflation? Does rising inflation mean that gold prices will remain strong?</p><p>Wang Xinjie: We expect inflationary pressures in the United States to continue in the short term. Judging from the Fed's increase in PCE inflation expectations and Powell's inflation warning, inflationary pressures will be a little longer than previously expected. But overall, it will ease with the maximization of the job market and the decrease of supply pressure on residents. Judging from the current inflationary pressure, although there is a risk of lasting for a longer period of time, overall, the negative impact on the US economy is still under control.</p><p>We also saw that this interest rate meeting raised the GDP forecast. The GDP in 2021 and 2022 will grow by 7.0% and 2.4% respectively, which is 0.5 and 0.2 percentage points higher than the expected growth rate in March. However, another part of the voice expressed that if the fiscal stimulus is withdrawn, it is still unknown whether the goal of full employment can be achieved. At the same time, the pressure of inflation cannot be offset, because the over-issued currency is hard to collect, which increases the risk of stagflation.</p><p>The continued rise in inflation will support the price of gold, but as Powell said, the inflation factor can be alleviated through a series of factors. Future economic growth will drive the increase of real interest rates. Under the two effects, we maintain a neutral view on gold.</p><p>Q: Why have U.S. bond yields been falling recently? Will this trend push the dollar downward, thus providing support for gold prices?</p><p>Wang Xinjie: Recently, U.S. bond yields have declined after inflation expectations peaked and fell. In the short term, as expectations for QE reduction become higher and higher, and the focus returns to economic growth, we also expect that the rebound in yields will be A relatively high probability event. But looking at the longer event dimension, as the impact of QE reduction subsides, we will see the peak and fall of yields, and the US dollar will return to a downward trend, which will also support gold prices.</p><p>Q: What risks does gold face in the second half of the year?</p><p>Wang Xinjie: The first risk faced by gold is the negative impact of the sharp rise in yields caused by the reduction of QE. Another risk is that the reduction of QE may cause liquidity to be withdrawn from emerging markets. Many emerging markets will sell gold reserves to expand national foreign exchange reserves to resist the impact of liquidity withdrawal.</p><p>Q: A recent survey by the World Gold Council shows that 21% of central banks are expected to increase their gold reserves in the next year, and no central bank is expected to sell gold this year. Does this mean central banks are optimistic about gold's future prospects?</p><p>Wang Xinjie: There is a certain degree of support, but this is mainly a process of changing from US dollar reserves to gold reserves. On the other hand, it is the allocation demand after abundant liquidity. The dominant factor of future gold prices is still the relationship between real interest rates and inflation factors.</p><p>Q: Can Bitcoin and cryptocurrencies replace gold in the future?</p><p>Wang Xinjie: I think there is no way for cryptocurrencies such as Bitcoin to replace gold. First of all, in terms of liquidity, gold is one of the most liquid assets and can flow smoothly in many exchanges. Although the cryptocurrency market has expanded, it has not yet reached this level. From a regulatory perspective, it is difficult to reach this level.</p><p>On the other hand, gold has safe-haven attributes, while cryptocurrencies still do not have safe-haven attributes, which currently implies the expectation of global \"value-preserving assets\".</p><p>Judging from recent transactions, the speculative nature of cryptocurrencies is still too strong, and the ability of gold as a reserve is not specific.</p>","source":"txmg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Standard Chartered: Gold prices face two major risks in the second half of the year, and Bitcoin cannot replace gold</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStandard Chartered: Gold prices face two major risks in the second half of the year, and Bitcoin cannot replace gold\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯美股</strong><span class=\"h-time small\">2021-06-28 23:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recently, after the interest rate meeting, the Federal Reserve announced that it would maintain its Federal Funds rate and bond purchases unchanged, but at the same time significantly raised inflation expectations. At the same time, the dot plot shows that the Federal Reserve will make two rate hike before 2023. This change caused the market to worry that the Federal Reserve would turn hawkish, which triggered sharp market turmoil, and the price of gold plummeted below $1,800. Has the gold price entered a downward channel? Where will gold prices go in the second half of the year?</p><p>In this regard, Wang Xinjie, chief investment strategist of the Chinese Wealth Management Department of Standard Chartered Bank, said that they currently hold a neutral view on gold, because in the second half of 2021, they expect to receive remarks from the Federal Reserve to reduce QE (quantitative easing). To a large extent, it is unfavorable for gold prices. They don't think the Fed will be very hawkish in reducing the scale of QE. Therefore, there is a high probability that the eagle will have a pigeon. Under this background, they believe that the fluctuation of assets such as gold and silver will increase, but it may not form a very obvious trend. In the next 12 months, they believe that The price of gold will be around $1,985.</p><p>The following is a transcript of Q&A:</p><p>Q: The Federal Reserve turned hawkish last week, the U.S. dollar soared, and the price of gold once plummeted by nearly $100. Under the expectation of early rate hike and reduction of QE, does this mean that the U.S. dollar has entered an upward channel, while gold has entered a downward channel?</p><p>Wang Xinjie: After the minutes of the meeting released by the Federal Reserve on June 17, we saw the hawkish remarks of the Federal Reserve's doves. First of all, judging from the dot chart, more and more officials expect to start rate hike before 2023, and discuss Tapering, that is, reducing QE, at the global central bank meeting in August this year. This is expected by more and more investors. expect. But this does not mean that the US dollar has entered an upward channel, while the investment in gold has entered a downward trend.</p><p>First of all, we need to understand what affects the price of the US dollar and gold. There are many factors that affect foreign exchange. The main ones are the relative interest rate spread relative to other countries, the relationship between supply and demand, and inflation factors. It is undeniable that if the Federal Reserve tightens liquidity, judging from the experience of 2013, it will cause the return of liquidity, which will also cause the US dollar to rise in a short period of time. However, from a longer-term perspective, the sequelae of over-issued currency will be slowly released. During the epidemic, a large number of over-issued currency caused oversupply. Now the purchase of US dollars is mainly through the Federal Reserve. If QE is reduced, demand will also be reduced. Add to the current inflation problem, debt problem and very low relative interest rate spreads with other countries. It may be difficult to reverse the long-term downward trend of the US dollar only through rate hike and reducing QE.</p><p>Gold is more direct. Gold basically has an inverse relationship with real interest rates and a positive relationship with inflation expectations. The well-known 10-year U.S. Treasury Bond is the sum of real interest rates and inflation expectations. After we saw the minutes of the June meeting, inflation expectations fell, causing a sharp drop in gold. According to the impact of QE reduction in 13 years, the yield will rise significantly, and then peak and fall back. Therefore, we also expect that under the expectation of QE reduction, the volatility of gold will increase. In the future, when the talk of QE reduction comes out, gold may be under further pressure, but it will then rise as the yield peaks.</p><p>Q: Since the beginning of this year, why has the price of gold been sluggish, contrary to other commodities?</p><p>Wang Xinjie: Gold has financial characteristics, while other metalloids have economic characteristics. Since November last year, vaccines have helped, the dust of the U.S. election has settled, and real interest rates have risen, which has been putting pressure on gold. On the other hand, the demand of overseas residents is rising, but the supply is insufficient, and the price of raw materials is rising, which has caused this deviation.</p><p>Q: What do you think of the trend of gold and silver in the second half of 2021? Will Gold Return to Above $2000?</p><p>Wang Xinjie: We currently hold a neutral view on gold, because in the second half of 2021, we expect to receive remarks from the Federal Reserve to reduce QE, which is largely detrimental to gold prices. But we don't think this kind of remark is a sign of the reversal of monetary policy, because judging from the current U.S. fiscal dependence on the Federal Reserve, we don't think the Federal Reserve will be very hawkish in reducing the scale of QE. Therefore, there is a high probability that the eagle will have a pigeon. Under this background, we believe that the fluctuation of assets such as gold and silver will increase, but it may not form a very obvious trend. In the next 12 months, we believe that the price of gold will be around $1,985.</p><p>Q: U.S. inflation has soared for two consecutive months, and at the same time, the Federal Reserve has significantly raised its inflation expectations. What do you think of the future trend of U.S. inflation? Does rising inflation mean that gold prices will remain strong?</p><p>Wang Xinjie: We expect inflationary pressures in the United States to continue in the short term. Judging from the Fed's increase in PCE inflation expectations and Powell's inflation warning, inflationary pressures will be a little longer than previously expected. But overall, it will ease with the maximization of the job market and the decrease of supply pressure on residents. Judging from the current inflationary pressure, although there is a risk of lasting for a longer period of time, overall, the negative impact on the US economy is still under control.</p><p>We also saw that this interest rate meeting raised the GDP forecast. The GDP in 2021 and 2022 will grow by 7.0% and 2.4% respectively, which is 0.5 and 0.2 percentage points higher than the expected growth rate in March. However, another part of the voice expressed that if the fiscal stimulus is withdrawn, it is still unknown whether the goal of full employment can be achieved. At the same time, the pressure of inflation cannot be offset, because the over-issued currency is hard to collect, which increases the risk of stagflation.</p><p>The continued rise in inflation will support the price of gold, but as Powell said, the inflation factor can be alleviated through a series of factors. Future economic growth will drive the increase of real interest rates. Under the two effects, we maintain a neutral view on gold.</p><p>Q: Why have U.S. bond yields been falling recently? Will this trend push the dollar downward, thus providing support for gold prices?</p><p>Wang Xinjie: Recently, U.S. bond yields have declined after inflation expectations peaked and fell. In the short term, as expectations for QE reduction become higher and higher, and the focus returns to economic growth, we also expect that the rebound in yields will be A relatively high probability event. But looking at the longer event dimension, as the impact of QE reduction subsides, we will see the peak and fall of yields, and the US dollar will return to a downward trend, which will also support gold prices.</p><p>Q: What risks does gold face in the second half of the year?</p><p>Wang Xinjie: The first risk faced by gold is the negative impact of the sharp rise in yields caused by the reduction of QE. Another risk is that the reduction of QE may cause liquidity to be withdrawn from emerging markets. Many emerging markets will sell gold reserves to expand national foreign exchange reserves to resist the impact of liquidity withdrawal.</p><p>Q: A recent survey by the World Gold Council shows that 21% of central banks are expected to increase their gold reserves in the next year, and no central bank is expected to sell gold this year. Does this mean central banks are optimistic about gold's future prospects?</p><p>Wang Xinjie: There is a certain degree of support, but this is mainly a process of changing from US dollar reserves to gold reserves. On the other hand, it is the allocation demand after abundant liquidity. The dominant factor of future gold prices is still the relationship between real interest rates and inflation factors.</p><p>Q: Can Bitcoin and cryptocurrencies replace gold in the future?</p><p>Wang Xinjie: I think there is no way for cryptocurrencies such as Bitcoin to replace gold. First of all, in terms of liquidity, gold is one of the most liquid assets and can flow smoothly in many exchanges. Although the cryptocurrency market has expanded, it has not yet reached this level. From a regulatory perspective, it is difficult to reach this level.</p><p>On the other hand, gold has safe-haven attributes, while cryptocurrencies still do not have safe-haven attributes, which currently implies the expectation of global \"value-preserving assets\".</p><p>Judging from recent transactions, the speculative nature of cryptocurrencies is still too strong, and the ability of gold as a reserve is not specific.</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://mp.weixin.qq.com/s/XVMgOGGW2jRvsNnhaSLT5w\">腾讯美股</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1d244c78090ebb3923bbecebff5ffcb8","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","CAN":"嘉楠科技","NUGT":"二倍做多黄金矿业指数ETF-Direxion","DUST":"二倍做空黄金矿业指数ETF-Direxion","GDX":"黄金矿业ETF-VanEck","IAU":"黄金信托ETF-iShares","GLD":"黄金ETF-SPDR","EBON":"亿邦国际"},"source_url":"https://mp.weixin.qq.com/s/XVMgOGGW2jRvsNnhaSLT5w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146880178","content_text":"近日,美联储在议息会议结束后宣布维持联邦基金利率和购债规模不变,但同时大幅上调通胀预期。同时,点阵图显示,美联储将在2023年前加息2次。这一改变,令市场担忧美联储转向鹰派,从而引发市场大幅动荡,金价暴跌至1800美元以下。金价是否进入了下行通道?金价下半年将何去何从?\n对此,渣打银行中国财富管理部首席投资策略师王昕杰表示,目前对于黄金是持中性的观点,因为2021年下半年他们预计有可能会接收到美联储缩减QE(量化宽松)的言论,这在很大程度上是对于黄金价格不利。他们不认为联储在缩减QE的规模上会呈现非常鹰派。所以大概率还是鹰中带鸽的可能性比较大,在这样的背景下,他们认为黄金和白银这类资产的波动会加大,但是未必能形成一个非常明显的趋势,未来12个月他们认为黄金的价格会围绕在1985美元上下。\n以下为问答实录:\n问:美联储上周转向鹰派,美元飙涨,金价一度暴跌近100美元,在提前加息和缩减QE的预期之下,这是否意味着美元进入了上行通道,而黄金进入了下跌通道?\n王昕杰:经过美联储6月17日发布的会议纪要,我们看到了美联储鸽中带鹰的言论。首先从点状图来看,越来越多的官员预计2023年之前开始加息,并且在今年8月的全球央行会议当中讨论Tapering,也就是缩减QE,这被越来越多的投资人所预期。但是这不意味着美元进入了上行通道,而黄金的投资就进入了下行。\n首先我们要了解美元与黄金的价格是由什么所影响的,影响外汇的因素很多,比较主要的是相对于其他国家的相对利差,供需关系和通胀因素等。不可否认的一点是美联储如果收紧流动性的话,从2013年的经验来看,会造成流动性的回流,这也会造成短时间内的美金上涨。但是从更长的时间维度来看,超发货币所带来的后遗症也会慢慢释放,疫情期间大量超发的货币造成了供应过剩,现在美金的购买主要通过美联储,如果QE缩减,需求也会减小。叠上现在的通胀问题,债务问题以及非常低的和其他国家的相对利差。仅仅通过加息和缩减QE,可能比较难去反转美元长期的下跌趋势。\n黄金就更直接一点,黄金基本上是和真实利率呈反向的关系,和通胀预期是正向关系。我们熟知的美国10年期国债就是真实利率与通胀预期之和,我么看到6月会议纪要之后,通胀预期下降,造成了黄金的大幅下跌。按照13年QE缩减的影响来看,收益率会有一个明显的拉升,之后会见顶回落。所以我们也预计,在QE缩减预期下,黄金的波动会加大,未来QE缩减言论出来,黄金可能进一步承压,但是之后会随着收益率见顶之后有所上升。\n问:今年以来,黄金价格为何走势低迷,与其他大宗商品背道相驰?\n王昕杰:黄金比较具备金融特征,而其他类金属比较具有经济特征。从去年11月以来,疫苗助力,美国大选尘埃落定,真实利率走高,一直使得黄金承压。另外一点,在海外居民需求上升,但是供应不足,原材料价格水涨船高,而造成了这种背离。\n问:对于2021年下半年,您怎么看黄金和白银的走势?金价还会回到2000美元上方吗?\n王昕杰:我们目前对于黄金是持中性的观点,因为2021年下半年我们预计有可能会接收到美联储缩减QE的言论,这在很大的程度上是对于黄金价格不利。但是我们不认为这种言论出来,是货币政策反转的显示,因为从目前美国财政对于联储的依赖来看,我们不认为联储在缩减QE的规模上会呈现非常鹰派。所以大概率还是鹰中带鸽的可能性比较大,在这样的背景下,我们认为黄金和白银这类资产的波动会加大,但是未必能形成一个非常明显的趋势,未来12个月我们认为黄金的价格会围绕在1985美元上下。\n问:美国通胀接连2个月大涨,同时美联储大幅上调通胀预期,您怎么看美国通胀未来的走势?通胀的升温是否意味着金价将会保持坚挺?\n王昕杰:我们预计美国的通胀压力在短期还是会继续持续,从美联储上调PCE通胀预期和鲍威尔的通胀预警看起来,通胀压力会比之前预期的久一点。但是总体来说,会随着就业市场的最大化和居民端供应压力下降而缓解。从目前的通胀压力看起来,虽然有持续更长时间的风险,但是整体来说,对于美国经济的负面影响还在可控范围之内。\n我们也看到这次的议息会议上调了GDP的预期,2021年和2022年的GDP分别增长7.0%和2.4%,较3月的预期增速上调0.5和0. 2个百分点。但是有另外一部分声音所表达出的是如果撤出财政刺激,能不能达到充分就业的目标还是一个未知数,同时通胀的压力没有办法被抵消,因为超发的货币覆水难收,这增加了滞涨的风险。\n通胀的持续升温会支持金价,但是正如鲍威尔所说的通胀因素可以通过一系列因素缓解,未来的经济增长会带动真实利率的升高,在两方面作用下,我们维持了对于黄金中立的观点。\n问:美债收益率为何近来不断下跌?这一趋势是否会推动美元下行,从而为金价提供支持?\n王昕杰:近期的美债收益率在通胀预期的见顶回落之后有所下降,短期内随着QE缩减的预期越来越高,以及焦点重新回到经济增长,我们也是预计收益率的反弹会是比较大概率的事件。但是更长一段事件维度来看,随着QE缩减所带来的影响消退,我们会看到收益率的见顶回落,美元会回到下降的趋势当中,这也将支持金价。\n问:黄金在下半年面临哪些风险?\n王昕杰:黄金首先面对的风险是QE缩减,造成的收益率水平大幅攀升所带来的负面影响。另外一个风险是QE缩减可能会造成流动性从新兴市场抽离,很多新兴市场会卖出黄金储备来扩充国家外汇储备,以抵挡流动性抽离带来的影响。\n问:世界黄金协会近期的调查显示,21%的央行预计将在未来一年内增加黄金储备,没有央行预计会在今年出售黄金。这是否意味着央行们看好黄金未来的前景?\n王昕杰:有一定程度上的支撑,但是这主要是一种以美元储备向黄金储备转变的过程,另一方面和是流动性充裕之后的配置需求。未来黄金价格的主导因素还是在真实利率和通胀因素所体现出的相互关系上。\n问:比特币和加密货币未来能否取代黄金?\n王昕杰:我认为比特币等加密货币,没有办法取代黄金。首先第一点从流动性来说,黄金是最具有流动性的资产之一,在很多交易所都可以顺畅流动,虽然加密货币市场有所扩张,但是还没有达到这个程度,从监管角度来讲,达到这个程度比较难。\n另外一方面,黄金有避险属性,加密货币仍不具备避险属性,目前是隐含了全球“保值资产”的预期。\n从最近的交易来看,加密货币的投机属性还是过于强,不具体黄金这种作为储备的能力。","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"EBON":0.9,"GDX":0.9,"IAU":0.9,"SGCmain":0.9,"CAN":0.9,"GLD":0.9,"MGCmain":0.9,"DUST":0.9,"NUGT":0.9,"GCmain":0.9,"BTCmain":0.9,"SGUmain":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150879847,"gmtCreate":1624894213789,"gmtModify":1703847414360,"author":{"id":"3585256134306933","authorId":"3585256134306933","name":"X7RAFK","avatar":"https://static.tigerbbs.com/29944e37b3d5a8371e23e9b056a88efd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585256134306933","authorIdStr":"3585256134306933"},"themes":[],"htmlText":"hwy","listText":"hwy","text":"hwy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150879847","repostId":"2146831621","repostType":2,"isVote":1,"tweetType":1,"viewCount":2487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150870798,"gmtCreate":1624894186214,"gmtModify":1703847413545,"author":{"id":"3585256134306933","authorId":"3585256134306933","name":"X7RAFK","avatar":"https://static.tigerbbs.com/29944e37b3d5a8371e23e9b056a88efd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585256134306933","authorIdStr":"3585256134306933"},"themes":[],"htmlText":"heu","listText":"heu","text":"heu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150870798","repostId":"2146316618","repostType":2,"isVote":1,"tweetType":1,"viewCount":2815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150847581,"gmtCreate":1624894165243,"gmtModify":1703847412570,"author":{"id":"3585256134306933","authorId":"3585256134306933","name":"X7RAFK","avatar":"https://static.tigerbbs.com/29944e37b3d5a8371e23e9b056a88efd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585256134306933","authorIdStr":"3585256134306933"},"themes":[],"htmlText":"hey","listText":"hey","text":"hey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150847581","repostId":"2146683516","repostType":4,"isVote":1,"tweetType":1,"viewCount":2158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150842550,"gmtCreate":1624894087170,"gmtModify":1703847408155,"author":{"id":"3585256134306933","authorId":"3585256134306933","name":"X7RAFK","avatar":"https://static.tigerbbs.com/29944e37b3d5a8371e23e9b056a88efd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585256134306933","authorIdStr":"3585256134306933"},"themes":[],"htmlText":"jice 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08:40","market":"us","language":"zh","title":"Rush to the hot search! Nike CEO speaks out: The brand \"belongs\" to China and is born for China","url":"https://stock-news.laohu8.com/highlight/detail?id=1162801613","media":"证券时报","summary":"“耐克是一个‘属于’中国、为中国服务的品牌。”耐克CEO的最新表态冲上热搜。\n耐克CEO:耐克品牌“属于”中国\n据观察者网援引英国金融时报报道,当地时间6月24日,耐克(Nike)首席执行官约翰多纳霍","content":"<p><div>\"Nike is a brand that'belongs' to China and serves China.\" The latest statement of Nike CEO rushed to the hot search. Nike CEO: Nike brand \"belongs\" to China According to the Financial Times quoted by Observer.com, on June 24th, local time, John Donahoe, CEO of Nike, stated in a telephone conversation with Wall Street analysts on Nike's latest earnings report: Nike is a brand serving China. Donahoe said that Nike has been in China for 40 years, and he still believes that China will still be a fast-growing market in the future. \"We have been...</p><p><a href=\"https://mp.weixin.qq.com/s/1m0VW4CbNVi5AEeUdzIrcQ\">Web link</a></div></p>","source":"zqsbw","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rush to the hot search! Nike CEO speaks out: The brand \"belongs\" to China and is born for China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRush to the hot search! Nike CEO speaks out: The brand \"belongs\" to China and is born for China\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">证券时报</strong><span class=\"h-time small\">2021-06-26 08:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>\"Nike is a brand that'belongs' to China and serves China.\" The latest statement of Nike CEO rushed to the hot search. Nike CEO: Nike brand \"belongs\" to China According to the Financial Times quoted by Observer.com, on June 24th, local time, John Donahoe, CEO of Nike, stated in a telephone conversation with Wall Street analysts on Nike's latest earnings report: Nike is a brand serving China. Donahoe said that Nike has been in China for 40 years, and he still believes that China will still be a fast-growing market in the future. \"We have been...</p><p><a href=\"https://mp.weixin.qq.com/s/1m0VW4CbNVi5AEeUdzIrcQ\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://mp.weixin.qq.com/s/1m0VW4CbNVi5AEeUdzIrcQ\">证券时报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/68ab55b396d2dcbb09b0c2d9d4f9ce61","relate_stocks":{"NKE":"耐克"},"source_url":"https://mp.weixin.qq.com/s/1m0VW4CbNVi5AEeUdzIrcQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162801613","content_text":"“耐克是一个‘属于’中国、为中国服务的品牌。”耐克CEO的最新表态冲上热搜。\n耐克CEO:耐克品牌“属于”中国\n据观察者网援引英国金融时报报道,当地时间6月24日,耐克(Nike)首席执行官约翰多纳霍(John Donahoe)在与华尔街分析师就耐克最新收益报告进行电话交谈时表态:耐克是一个为中国服务的品牌。\n多纳霍表示,耐克在中国已经有40年了,他仍然相信中国未来依然是快速增长的市场,“我们一直着眼长远。”\n他还表示,耐克的联合创始人兼前首席执行官菲尔·奈特早期在中国曾投入了大量时间和精力,“如今我们是中国最大的运动品牌。”\n耐克公布新一季财报营收、净利润均超市场预期\n24日盘后,耐克发布2021财年第四财季财报。财报显示,该财季,耐克营收123.4亿美元,市场预期110.3亿美元,上年同期63.13亿美元;净利润15.09亿美元,市场预期8.19亿美元,上年同期亏损7.9亿美元。2021财年,其营收445.38亿美元,市场预期432.38亿美元,上年同期374.03亿美元。\n值得注意的是,2021财年,耐克大中华区收入为82.9亿美元(约535亿人民币),较上一财年66.8亿美元同比增长24%,除去汇率影响,增长19%。\n受益于亮眼的财务数据,当地时间周五,耐克股价大涨15.37%,报154.13美元/股,市值2435亿美元,创历史新高。\n\n“停用新疆棉花”引发中国网友不满\n今年3月,国外服装企业H&M一份“停用新疆棉花”声明引发中国网友不满。声明发出后,国内多个电商平台下架H&M相关产品。\n\n随后,H&M事件不断发酵。有网友发现,近些年发表过“抵制新疆棉花”相关言论的国外企业还有不少,耐克也是其中之一。\n\n\n\n对于国外企业“抵制新疆棉花”的相关言论,众多网友纷纷发声“国家尊严不容侵犯,中国市场只欢迎尊重我们的品牌”。多位明星艺人也迅速宣布与耐克品牌终止合约。\n\n李宁、安踏等国潮崛起\n在国外品牌卷入新疆棉事件的同时,“国潮”正在抓住时机悄然崛起。\n数据显示,2021年4月李宁与安踏总体销售额分别上涨72.3%、51.2%。其中,李宁集团旗下“中国李宁”4月在天猫平台的销售额同比大涨800%,多款商品被卖到断货,可谓是一鞋难求。\n\n6月25日,李宁半年度业绩预告称,预期集团截至2021年6月30日止六个月将录得纯利不少于人民币18亿元,而2020年同期则录得纯利人民币6.83亿元,同比增长163.5%。\n受到销量上涨的推动,李宁的股价也一路上行。2年半来,股价已经累计大涨了900%。就在6月23日,股价一度创出历史新高达86.15港元/股。\n\n根据《2020年胡润百富榜单》,创始人李宁身价已经高达130亿元。\n\n安踏方面,6月17日盘后,安踏体育发布2021年上半年业绩预喜公告,预计公司上半年经营溢利同比增长不少于55%,归母净利润(不考虑Amer合营公司影响)同比增长不少于65%,归母净利润(考虑Amer合营公司影响)同比增长不少于110%。\n3月24日,安踏体育发布2020年业绩公告显示,2020年,安踏体育实现收益355.12亿元,其中安踏品牌实现收益157.49亿元,同比下降9.7%;FILA品牌实现收益174.5亿元,同比增长18.1%。\n股价方面,6月23日,安踏体育盘中创出183港元/股的历史新高,市值一度接近5000亿港元,该股目前报179.9港元/股,较年初低点已大涨超40%。","news_type":1,"symbols_score_info":{"NKE":0.9}},"isVote":1,"tweetType":1,"viewCount":2782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}