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分析师:特朗普若实施全面关税,美元走强不可持续

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2025-03-29 06:29:23

美国银行外汇分析师:关税风险平衡,全面加征或引发市场波动



美国银行(Bank of America)全球外汇策略主管Athanasios Vamvakidis和亚洲外汇与利率策略联席主管Claudio Piron在最新研究报告中指出:



"我们认为在下周关税最后期限前,市场风险呈现相对平衡态势。目前投资者已普遍消化对特定产品加征关税的预期,但若出现全面扩大关税范围的举措,将构成显著负面意外。"



报告特别强调:"即便出现全面加征关税的情形,我们判断美元难以维持持续走强态势,这主要源于市场对美国经济增速放缓的持续担忧。值得注意的是,由于供应链调整和物流瓶颈等现实约束,新关税措施的实际落地可能面临执行时滞,客观上将为中美双方保留关键谈判窗口期。"



对投资者的潜在影响:

1. 需警惕全面关税带来的短期市场波动风险

2. 美元走势可能受经济基本面制约

3. 政策落地时滞或带来交易性机会

4. 建议密切关注中美后续谈判进展



(消息来源:金十数据)

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