论文部分内容阅读
美联储退出量化宽松将引发对资本的竞争,对许多亚洲货币造成伤害,逆差货币尤为脆弱近日,东方汇理银行的最新研究报告《2014年亚洲展望及策略:潮退之时》指出,随着美联储的量化宽松大潮退去,全球经济将迎来全新的局面。G3经济体的增长在美国引领下继续复苏,与新兴市场之间的增长差距也将缩小。G3经济体的政策利率将保持超低水平,有助于在通胀低迷的环境下稳固复苏,同时美元料将因美国收益率的走高而全面反弹。亚洲经济将继续在结构改革的道路上前行,经济增速逐步下滑,领先程度也不断收窄。美元利率变动将决定2014年亚洲利率市场
Fed exits quantitative easing will trigger competition for capital, hurt many Asian currencies, the currency is particularly vulnerable to adverse Recently, the latest Calyon Bank research report “Asia Outlook and Strategy 2014: Tide retreat” pointed out that with the Federal Reserve Of the tide of quantitative easing receded, the global economy will usher in a whole new situation. Growth in the G3 economies will continue to recover under the leadership of the United States and the growth gap with emerging markets will also narrow. Policy interest rates in the G3 economies will remain extremely low, helping to solidly recover in the context of depressed inflation, while the dollar is expected to fully rebound from higher U.S. yields. The economy of Asia will continue to move forward on the road to structural reform with its economic growth gradually declining and its leading edge narrowed. Changes in the interest rates in the United States will determine the 2014 Asian interest rate market