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日本央行(BoJ)最新一次政策會議的紀要顯示,政策制定者正逐步接近進一步正常化利率的決定,但語氣依然謹慎。部分委員提出了“加息的條件”,而行長植田和男則強調需耐心等待數據確認趨勢。
主要政策要點
紀要再次顯示BoJ內部存在分歧。儘管鷹派傾向有所顯現,但整體“觀望”謹慎語氣仍占主導,紀要公布後持續給日元施壓,市場將其解讀為“仍未行動”。
日元在紀要公布後走弱
上週曾上漲的日元在紀要發布後回吐漲幅。市場解讀缺乏明確加息時間表及堅定立場為降低預期信號。USD/JPY在紀要公布後升破153.00關鍵水平。
接下來需關注
植田行長的評論——強調需更多數據確認持續工資增長,並指出“美國加徵關稅帶來的潛在阻力”——為市場提供了路線圖。12月18-19日BoJ會議前需關注的關鍵數據與事件包括:
最新數據顯示,儘管名義工資增長,但受高通脹影響,實際工資連續第九個月下降。這一持續下滑支持BoJ內部謹慎派立場,使行長短期內難以採取行動。
免責聲明
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隨時隨地留意市場動態
市場易受供求關系變化的影響
對關注價格波動的投資者極具吸引力
流動性兼顧深度與多元化,無隱藏費用
無對賭模式,不重新報價
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