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预防式降息预期升温,铜价企稳反弹
近期,铜价市场出现显著变化。周一,沪铜主力企稳反弹,伦铜在9800上方偏强震荡,国内近月合约转向C结构。然而,当日电解铜现货市场成交状况不佳,下游因价格高企,观望氛围浓厚,内贸铜升水降至140元/吨。
从宏观层面来看,国际政治经济关系复杂多变。特朗普拒绝韩国修改双边关税协议提议,坚持对韩征收15%关税,美韩首脑会谈未达成共识。同时,特朗普表示将制裁欧盟执行《数字服务法案》的官员,因其认为该法案对美国科技公司造成沉重负担。而上周全球央行年会中,鲍威尔的鸽派立场影响深远,市场乐观预期美联储将敞开降息大门,政策转向宽松。美联储未来将更关注劳动力市场走向,视通胀潜在风险为非长期压力,并适时调整货币政策以应对经济下行风险。这ǧ..
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铜价反弹只因降息预期?那高企的价格和不佳的成交状况怎么解释?难道市场只看宏观不看实际?