大宗猎手
2022-07-07

这篇文章不错，转发给大家看
@吴家琦：
The Energy crunch in Europe 1) Energy induced Recession = lower EUR 2) Recession Risk = higher credit spreads and peripheral spreads = lower portfolio inflows 3) Higher cost of manufacturing, shortage of key supply chain materials increase inflation pressure and growth pressure 4) Factory shutdowns = potential higher unemployment Essentially the Euro area's cost of energy is 3-4 times higher than that of the US and this key disadvantage for Euro manufacturing requires a weaker currency ECB can make all the noise they want on FX but with 214bps priced over 2yrs already - not really much they can speak up. Is USD parity Around the corner?
The Energy crunch in Europe 1) Energy induced Recession = lower EUR 2) Recession Risk = higher credit spreads and peripheral spreads = lower portfolio inflows 3) Higher cost of manufacturing, shortage of key supply chain materials increase inflation pressure and growth pressure 4) Factory shutdowns = potential higher unemployment Essentially the Euro area's cost of energy is 3-4 times higher than that of the US and this key disadvantage for Euro manufacturing requires a weaker currency ECB can make all the noise they want on FX but with 214bps priced over 2yrs already - not really much they can speak up. Is USD parity Around the corner?

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

举报

评论

  • 推荐
  • 最新
empty
暂无评论