08:44 CEST 早上好,欢迎收看我们的滚动报道,涵盖商业、金融市场和全球经济。
08.44 CEST Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
欧元在法国债务担忧和欧洲政治不确定性的压力下继续走弱,日前报价接近17个月低点,较前日下跌0.13%,至1.1206美元。
The euro remains under pressure amid French debt fears and political uncertainty across Europe, trading near a 17-month low against the dollar, down 0.13% to $1.1206.
单一货币延续上周1.2%的跌幅,今年累计下跌逾4%,投资者担心法国高债务负担可能威胁更广范围欧元区的稳定。
The single currency has extended its 1.2% drop last week, and is down more than 4% this year, as investors worry that France’s high debt burden could threaten the stability of the wider eurozone.
法国央行行长警告称,法国如果不能妥善处理预算赤 deficit,将面临“被利率扼杀”的风险。
The head of the French central bank has warned that the country risks being “strangled by interest rates” if it does not get to grips with its deficit.
法国巴黎银行(Banque de France)行长穆林(Emmanuel Moulin)在接受《金融时报》采访时表示,尽管近期主权债券市场出现“严重且令人担忧”的波动,欧元区第二大经济体仍有可能赢得投资者信心。
Emmanuel Moulin the governor of the Banque de France, told the Financial Times that the eurozone’s second-largest economy could win back investor confidence despite the “serious and worrying” moves on sovereign debt markets in recent days.
法国并非希腊,正处于欧元区危机时期。如果法国政府如计划,在今年通过预算案以减少开支并缩窄财政赤 deficit,那么这一财政紧缩的具体举措将令市场感到安慰。但他接着说:如果我们不采取行动,确实存在被不断上升的利率逐步扼杀的风险。我们必须掌控自己的命运。
France is not Greece during the eurozone crisis. If it can pass a budget this year to reduce spending and narrow the deficit as the government has proposed, then markets will be reassured by this concrete step of fiscal consolidation. But, he went on to say: If we don’t act, there is indeed a risk of being gradually strangled by rising interest rates. We have to remain masters of our own destiny.
法国政府正努力控制紧张的公共财政状况,同时面临明年总统大选。教师、学生、护士和公务员们正抗议预算削减。
The French government is battling to control its stretched public finances in the run-up to next year’s presidential election, with teachers, students nurses and civil servants protesting against budget cuts.
上周法国国债的抛售导致收益率飙升,但周一有所缓解。法国与更安全的德国国债在基准10年期债券上的利率差(即利差)扩大后又收窄。
A sell-off in French bonds, sending their yields soaring last week, eased on Monday. The interest rate that France pays to borrow over safer German debt on benchmark 10-year bonds, called the spread, widened, but then tightened again. Mohit Kumar
穆迪卡尔普(Jefferies)首席欧洲经济学家库马尔(Mohit Kumar)表示:法国国债利差在过去两天交易中收窄,从日内高点超过150个基点降至目前的136个基点。我们认为目前并非主权债务危机。
chief European economist at Jefferies, said: French [bond] spreads have tightened in the last two sessions, falling from an intra day high of over 150 basis points to 136bp currently. We don’t think that we are in a sovereign crisis.
我们的担忧是,随着利差突破150个基点,风险不仅可能蔓延至其他法国债券,还可能波及欧洲边缘市场。我们多次强调,赤字问题对投资者的风险应高于短期通胀。市场正聚焦于赤字问题中最薄弱环节——法国和英国。
Our fear is that as spreads move above 150bp, we could see some contagion risks not just to other French names, but also onto European peripherals. We have highlighted a number of times that deficit concerns should be a greater risk for investors than near term inflation. Market is going after the weakest link in the deficit picture which is France and the UK.
亚洲股市上涨,科技股反弹推动华尔街纳斯达克指数创下收盘纪录新高,而美国就业增长弱于预期,也降低了市场对美联储本月加息的期待。油价同样回落。然而,美国10年期和30年期国债收益率在夜间触及24年来的新高。
Asian stock markets rose, after a rally in technology stocks lifted the Nasdaq on Wall Street to a record close supported by weaker-than-expected US jobs growth which dampened expectations of an interest hike from the Federal Reserve this month. Oil prices also retreated. However, US 10-year and 30-year Treasury bond yields hit fresh 24-year highs overnight.
人工智能巨头英伟达股价上涨2.1%,创下收盘历史新高,使其市值达到5.76万亿美元。
AI heavyweight Nvidia gained 2.1% to a record closing high, lifting its market value to $5.76tn.
MSCI最广泛的亚太(除日本外)股票指数上涨1.2%。日本日经指数上涨1.1%。议程(英国夏令时):8:30:欧元区9月S&P全球建筑业调查9:30:英国9月S&P全球建筑业PMI 10:00:欧元区8月零售销售数据英国财政大臣与银行高管会面11:00:金融行为监管局年度会议在爱丁堡举行13:15:美国ADP每周就业变化数据13:30:美国8月贸易数据
MSCI’s broadest index of Asia-Pacific shares excluding Japan climbed 1.2%. Japan’s Nikkei added 1.1%. The Agenda 8.30am BST: Eurozone S&P Global Construction survey for September 9.30am BST: UK S&P Global Construction PMI for September 10am BST: Eurozone retail sales for August UK chancellor meets with bank bosses 11am BST: Financial Conduct Authority annual meeting in Edinburgh 1.15pm BST: US ADP employment change weekly data 1.30pm BST: US trade for August