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周一开盘之后,以中国股市为代表的风险资产猛然发力,点燃了资本市场的狂欢。沪指狂飙超过5%Breakthrough3000点。其中权重股中被誉为宇宙第一大行的工商银行股价飙升8.53%。无独有偶,晚间美股中的纳斯达克100指数又创出新高,达到10615点。近期风险资产的飙升主要是由经济数据向好推动。
美国部分经济数据恢复上行
以非农数据为例,7month2号公布的6月就业报告中再次打破人们预期。新增就业人数达到480Ten thousand people, unemployment rate from13.3%Descend to11.1%。而具有前瞻性的PMIIndex,6monthISM非制造业指数高达57.1,直接突破50荣枯线
(美国失业率走势) (美国非制造业PMI) 与经济数据同步上涨的,还有美国新冠确诊人数。截至7month6日,美国已经有304万例人确诊,死亡13.2万例,死亡率4.3%。目前市场的确出现了一个看似矛盾的现象:经济数据在转好,新冠确诊病例在上涨。西方政府如特朗普政府强力推动经济开放,意大利、西班牙、德国等国家进入重启阶段也已将近2个月,欧盟从7month1号重新开放边境。恰恰是发达国家将经济运行置于人民生命健康之上的地位,导致了这看似不合理的双增长状况
US stocks andgold或重现2009-2011年走势
黄金和股市能否同时上涨呢?回顾历史,的确会出现这样状况:在超低利率状况下,资金会同时涌入股市和黄金,此时黄金更多体现保值属性而非避险属性。下图是2009Year to2011年黄金和纳斯达克100指数的走势,同样是在危机后的恢复阶段,受到货币政策的刺激,两者双双走高,涨幅非常接近。
(2009-2011year 黄金与纳斯达克100指数走势) 目前黄金紧贴上涨通道维持高位运行,短期看上涨动力仍未枯竭。逢高做空的风险较大,黄金走势进入“进二退一”的阶梯式上涨行情,留意通道底部1773dollar.
(XAU/USD 4Hour chart, sourceGKFXPrime) NASDAQ100index4小时图呈现多头主导的上涨趋势,RSI指标高于70说明多头非常强大,已经进入了超买行情,此时做空风险较大。
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