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週三,市場焦點集中在聯準會官員的最新發言,以及美國總統川普的政策動向。川普在他第二個總統任期的首次內閣會議上,誓言對歐盟(EU)進口商品加徵25%關稅,進一步升高全球貿易緊張局勢。
2025 年 2 月 26 日,總統川普宣布計劃對歐盟進口商品課徵 25% 關稅,聲稱「歐盟成立的目的就是要坑美國」。雖然川普未提供具體細節,但這項決定已加劇全球貿易摩擦。
歐盟執行委員會隨即譴責此舉,警告將「迅速且堅決」回應,視其為不公平的貿易壁壘。歐盟的報復性措施前景使市場的不確定性進一步升高。
加拿大與墨西哥關稅政策的不確定性
除了對歐盟加徵關稅外,川普也談及先前宣布的對加拿大和墨西哥進口商品課徵 25% 關稅。原定於 3 月 4 日生效,但目前其執行時間仍存變數。川普暗示可能將生效日期延後至 4 月 2 日,但白宮發言人隨後強調,原定時間表並未改變。
加拿大與墨西哥已表態,若美方關稅生效,將採取報復措施。
與此同時,聯準會官員博斯提克(Raphael Bostic)與巴爾金(Tom Barkin)在最新發言中重申其謹慎立場:
聯準會官員的鷹派立場,進一步強化市場對高利率將維持更長時間的預期,可能對風險資產帶來壓力。
貿易緊張局勢加劇,加上聯準會維持緊縮政策,使全球金融市場震盪加劇。S&P 500 期貨雖於早盤試圖回升,但未能重新站上6,000點大關,連續第五個交易日收低。

(S&P 500 期貨,日線圖;資料來源:TradingView)
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