MEX每日快讯丨市场风险偏好上升，利好商品货币

Focus of foreign exchange market
Trading preference – 本周相对较为看好澳/Beauty（AUDUSD）和纽/Beauty（NZDUSD）。今日欧元区财长将召开紧急会议，就目前来看，欧盟就业市场正在崩溃，再加上实施封锁令，我们认为欧元恐将中期承压。 Technically,1.0800 短期有一定支撑。
On the UK side,因英国首相约翰逊病情恶化，被转移至ICU，镑/美下跌。考虑到市场讨厌不确定性，我们认为英镑恐将中期承压。技术上，下方1.2200短线有一定支撑。
In terms of commodity currency,伴随着全球几个疫情严重地区新增病例放缓，欧美股市大幅反弹，市场风险偏好增强，商品货币澳元、纽元涨幅居前。今日澳洲联储将公布利率决议，考虑到此前已经连续两次降息25个基点，因为市场普遍预计此次其将按兵不动。技术上，短期澳/beautiful0.6200、纽/beautiful0.6050还将面临一定压力，不过，我们认为冲破是大概率事件。
It is worth noting that the money market plays a crucial role in2019The year shows a stable and significant weekly momentum reversal effect,MEXThe momentum reversal quantization strategy has repeatedly set new highs as a resultInvestors2020You can continue to refer to our weekly suggested combination for the year.
In terms of safe haven currencies,虽然上周非农就业数据录得-70.1万人，但由于全球新冠肺炎累计确诊病例已超130万，促使人们涌入美元避险美元上涨。不过随着欧美新冠死亡人数增长出现放缓迹象，美元短线有承压的迹象，总的来看，考虑避险和对现金的急切需求，我们认为美元恐将继续走强。
因风险偏好重返市场，股市上涨，日元触及逾一周低点。我们还是维持原来的预判，美/日在短暂修整以后还将面临回调。
MEXQuantitative strategy year to date relative benchmarkS&P 500 Total Return IndexAnnualized alpha（α）For13%.The quantitative model adjusts positions weekly and places orders at the opening on Mondays and closes positions on Fridays, with each currency facing a standard hand,Suggest setting stop loss at0.3％. Without considering actual leverage,MEXThe quantitative strategy has significantly outperformed the target since the beginning of the yearFor details, please refer to《Quantitative Topic: Construction Based on Momentum Reversal StrategyG7Currency hedging portfolio》.组合净值上周下跌0.30%，This week's combination and as of Beijing time4month7day07:05The profit and loss are as follows, with a positive spread (storage fee).
commodity market
Trading preference – This week we will maintaingold（XAU）Andcrude oil（WTI）For structures with excessive oscillations.长期来看，全球低利率为黄金提供了支撑。另外，全球就业市场的崩塌，加剧人们对冠状病毒疫情造成经济损失的担忧，促使投资者转向避险的黄金。总的来看，我们还是维持黄金为震荡偏强结构。
In terms of oil prices,由于欧佩克+周末宣布原定于周一召开的紧急会议推迟至周四，美、布两油下跌。未来我们认为市场的重点应该关注美国是否加入减产行动。但考虑到短期不可能解决供应过剩局面，我们还是维持油价是一个中期偏弱的结构，短期油价报复性反弹，更多像多头反扑形成技术性反弹。
stock market indexprospect
股指方面，市场憧憬新冠肺炎疫情缓和，恒指涨破20日均线，全日收涨2.21%Report23749.12点。板块方面，香港本地地产股造好，5G概念板块跑赢。考虑到全球市场依然疲弱，建议近期投资者以防御为主。技术形态上，24000It's a lot of pressure, below22000是短期支撑
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CFTC资金流数据显示，澳元、纽元空头处于极值，因此，我们认为短期随着资金流入并支持回涨。另外，欧元的多头也处于极值。
Europe/Mei can cash in some profits.
Australia/美、纽/美可继续持有
Economic Calendar