高盛:若美联储转向更鸽派立场,美元或全线走弱

金色财经
Jul 02, 2025

【高盛:若美联储转向更鸽派立场,美元或全线走弱】金色财经报道,高盛最新研报指出,若美联储转向更鸽派立场,将出现四种市场情景:纯鸽派政策冲击、增长预期下降、鸽派与增长下滑共存、鸽派与增长上行并行。分析显示,美债收益率下行、欧元/日元/瑞郎走强和黄金上涨是各情景中最稳定趋势,而美股表现则高度依赖增长前景。"鸽派+增长上行"情景对风险资产最有利,但夏季就业与通胀数据若恶化可能重燃增长担忧。目前市场已开始定价美联储宽松政策,但后续走势将高度依赖经济数据表现。

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