核心观点 5-6月非农数据下修或推动美联储降息节奏加快,仅就当前数据来看,美联储9月“补偿性”降息概率有限,核心仍是交易降息而非衰退。深层来看,非农数据或引发基于数据的投研分析体系受到冲击,黄金价值或进一步凸显。 1、非农就业数据爆冷,降息节奏加速:美国7月新增非农就业7.3万人不及市场预期,失业率录得4.2%,5-6月非农数据出现大幅下修。非农数据公布后,市场对美联储9月降息25BP的概率预期由...
Source Link核心观点 5-6月非农数据下修或推动美联储降息节奏加快,仅就当前数据来看,美联储9月“补偿性”降息概率有限,核心仍是交易降息而非衰退。深层来看,非农数据或引发基于数据的投研分析体系受到冲击,黄金价值或进一步凸显。 1、非农就业数据爆冷,降息节奏加速:美国7月新增非农就业7.3万人不及市场预期,失业率录得4.2%,5-6月非农数据出现大幅下修。非农数据公布后,市场对美联储9月降息25BP的概率预期由...
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