论文部分内容阅读
QE3推出后,其“金融市场兴奋剂”的作用得到了很好的体现,风险资产经历了一波快速上涨过程。但在经历了最初上涨之后,市场涨势出现停滞,部分风险资产甚至出现下跌,避险的美国国债开始再度受到部分投资者的青睐。是风险资产继续上涨?还是避险情绪再度抬头?市场似乎到了新的方向选择时点。本文通过总结QE3后各市场的表现,结合当前国际宏观经济环境和之前两次QE的历史数据,做出以下关于下一步外汇、美债和商品市场走向的判
After the launch of QE3, the role of “financial market stimulants” has been well demonstrated. The risky assets have undergone a wave of rapid rise. However, after experiencing the initial rally, the market rally had stagnated and some of the risky assets even declined. Hedged Treasuries started to be favored again by some investors. Is the risk assets continue to rise? Or risk aversion rise again? The market seems to be the new direction of choice. This article summarizes the performance of each market after QE3, combined with the current international macroeconomic environment and the previous two QE historical data, make the following on the next foreign exchange, the United States debt and commodity market trend of the sentence