+关注
agjh
暂无个人介绍
IP属地：未知
6
关注
0
粉丝
1
主题
0
勋章
主贴
热门
agjh
2021-06-27
Oh
抱歉，原内容已删除
agjh
2021-06-26
Up
抱歉，原内容已删除
agjh
2021-06-26
Moon
抱歉，原内容已删除
agjh
2021-06-24
Good
抱歉，原内容已删除
agjh
2021-06-24
Yes
BoE Keeps Rates, QE Unchanged; Won't Tighten Until "Clear Evidence Of Progress" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote>
agjh
2021-06-24
Great
Biogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote>
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3573384172885142","uuid":"3573384172885142","gmtCreate":1610290149565,"gmtModify":1610290149565,"name":"agjh","pinyin":"agjh","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":6,"tweetSize":6,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":3,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.07.04","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.30","exceedPercentage":"60.90%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":124401975,"gmtCreate":1624776249397,"gmtModify":1633948698949,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124401975","repostId":"2146000990","repostType":4,"isVote":1,"tweetType":1,"viewCount":2556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125205338,"gmtCreate":1624673744624,"gmtModify":1633949765855,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125205338","repostId":"1177764085","repostType":4,"isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125202522,"gmtCreate":1624673716866,"gmtModify":1633949766305,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125202522","repostId":"1100072036","repostType":4,"isVote":1,"tweetType":1,"viewCount":1893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126035827,"gmtCreate":1624536927869,"gmtModify":1634004748281,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126035827","repostId":"2145704596","repostType":4,"isVote":1,"tweetType":1,"viewCount":2008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126032971,"gmtCreate":1624536880593,"gmtModify":1634004749432,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126032971","repostId":"1191442444","repostType":4,"repost":{"id":"1191442444","kind":"news","pubTimestamp":1624534197,"share":"https://www.laohunote.com/m/news/1191442444?lang=zh_CN&edition=full","pubTime":"2021-06-24 19:29","market":"uk","language":"en","title":"BoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191442444","media":"zerohedge","summary":"With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England an","content":"<p>With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.</p><p><blockquote>随着近几个月来各国央行乘着鹰派浪潮，人们的目光转向了英国央行及其今天上午的最新货币政策决定，然而，这并不令人意外，因为央行一致投票决定将利率维持在0.1%，并以8比1的多数票将量化宽松规模维持在8950亿英镑，即将离任的首席经济学家霍尔丹再次表示反对，并在离开英国央行前的最后一次投票中投票决定减少资产购买目标。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ee2372b645665ef729732f7accedac5e\" tg-width=\"510\" tg-height=\"538\"></p><p><blockquote></blockquote></p><p> So with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"<i>CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,</i><i><b>and is likely to exceed 3% for a temporary period</b></i><i>\"</i>which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.</p><p><blockquote>那么，随着英国和其他地方一样通胀飙升，英国央行是如何引导评级收紧的呢？很简单，就像美联储说的那样，虽然通货膨胀率可能会升至3%以上，但这将是暂时的，也就是说：“<i>CPI通胀预计将进一步高于目标，这主要是由于能源和其他大宗商品价格的发展，</i><i><b>并可能在一段时间内超过3%</b></i><i>\"</i>这意味着 2019 年最后一个季度，6 月份的产量预计将比新冠疫情爆发前的水平低约 2.5%。就背景而言，之前的通胀峰值预计为 2.5%，因此又一次重大的通胀再思考。</blockquote></p><p> And once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the<b>\"clear evidence of significant progress\"</b>toward achieving the 2% inflation target is that the BOE needs before tightening policy.</p><p><blockquote>一旦所谓的“暂时期”结束，一切都会好起来的，然而没有人知道那将是什么时候，就像没有人知道什么是<b>“取得重大进展的明确证据”</b>实现2%的通胀目标是英国央行在收紧政策之前所需要的。</blockquote></p><p> And while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.</p><p><blockquote>虽然英国央行要到 8 月份才会发布新一轮预测，但他们确实将第二季度预测较 5 月份 4.3% 的预测上调了约 1.5 个百分点。</blockquote></p><p> Some more details from thefull statement:</p><p><blockquote>完整声明中的更多细节：</blockquote></p><p> <ul> <li>Committee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.</li> <li>Output in a number of sectors is now around pre-Covid levels, although it remains materially below in others</li> <li>Developments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies</li> <li>The Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.</li> <li>Spare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.</li> <li>Policy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.</li> <li>Most members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.</li> <li>Bank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.</li> <li>It was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.</li> </ul> The market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.</p><p><blockquote><ul><li>委员会预计，大宗商品价格上涨对消费者物价指数通胀的直接影响将是暂时的。</li><li>许多行业的产出目前接近新冠疫情前的水平，但其他行业的产出仍远低于新冠疫情前的水平</li><li>全球国内生产总值增长的发展比预期的要强劲一些，特别是在发达经济体</li><li>委员会不打算收紧货币政策，至少在有明确证据表明在消除过剩产能和可持续地实现2%的通胀目标方面正在取得重大进展之前。</li><li>随着经济活动的回升，经济中的闲置产能预计将被消除，在需求和供应大致恢复平衡之前，预计会有一段暂时的过剩时期。</li><li>政策既要坚决抵御前景的下行风险，又要确保经济复苏不会因过早收紧货币环境而受到破坏。</li><li>大多数委员认为，货币政策委员会现有政策指导中规定的条件没有得到满足，这些条件无论如何都是未来收紧货币政策的必要条件，但不是充分条件。</li><li>银行员工已将 2021 年第二季度 GDP 增长预期从 5 月份报告发布时的 4.25% 上调至 5.5%。这与第二季度的产量比 2019 年第四季度的水平低不到 4% 以及 6 月份的预计产量下降约 2.5% 是一致的。</li><li>更强劲的需求路径可能会比之前预期的更快地缩小产出缺口。</li></ul>市场反应平淡，因为这一决定似乎来自鸽派一方：随着鹰派意外的短期头寸解除，英镑扭转了小幅涨幅。英国国债上涨，10年期国债收益率下降3个基点至0.75%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7010feb093662e50703d0e073ffbf258\" tg-width=\"500\" tg-height=\"242\"></p><p><blockquote></blockquote></p><p> According to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.</p><p><blockquote>彭博社表示，从长远来看，在发生变化之前，英镑可能会继续承压，特别是因为它的交易价格低于 21 周移动平均线，这是自大流行开始以来决定势头的指标。</blockquote></p><p> At the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,<b>a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.</b>It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.</p><p><blockquote>与此同时，鉴于暂时性通胀的说法仍然存在，欧元/英镑因触发止损而上涨，电缆下跌至1.39美元。据彭博社报道，<b>英国央行加息 15 个基点的时间现已从做出决定前的 2022 年 6 月推迟至 2022 年 8 月。</b>这究竟是对重新交易英镑更感兴趣，还是完全归因于短期头寸再平衡，还有待观察。</blockquote></p><p> Bottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.</p><p><blockquote>一句话： 今天有些鸽派的声明让人们对 8 月份的会议产生了很多关注，届时我们将获得全套新的预测，并了解更多关于英国央行的想法；一旦更多的人接种疫苗，我们也应该更清楚地了解病毒情况是如何发展的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-24 19:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.</p><p><blockquote>随着近几个月来各国央行乘着鹰派浪潮，人们的目光转向了英国央行及其今天上午的最新货币政策决定，然而，这并不令人意外，因为央行一致投票决定将利率维持在0.1%，并以8比1的多数票将量化宽松规模维持在8950亿英镑，即将离任的首席经济学家霍尔丹再次表示反对，并在离开英国央行前的最后一次投票中投票决定减少资产购买目标。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ee2372b645665ef729732f7accedac5e\" tg-width=\"510\" tg-height=\"538\"></p><p><blockquote></blockquote></p><p> So with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"<i>CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,</i><i><b>and is likely to exceed 3% for a temporary period</b></i><i>\"</i>which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.</p><p><blockquote>那么，随着英国和其他地方一样通胀飙升，英国央行是如何引导评级收紧的呢？很简单，就像美联储说的那样，虽然通货膨胀率可能会升至3%以上，但这将是暂时的，也就是说：“<i>CPI通胀预计将进一步高于目标，这主要是由于能源和其他大宗商品价格的发展，</i><i><b>并可能在一段时间内超过3%</b></i><i>\"</i>这意味着 2019 年最后一个季度，6 月份的产量预计将比新冠疫情爆发前的水平低约 2.5%。就背景而言，之前的通胀峰值预计为 2.5%，因此又一次重大的通胀再思考。</blockquote></p><p> And once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the<b>\"clear evidence of significant progress\"</b>toward achieving the 2% inflation target is that the BOE needs before tightening policy.</p><p><blockquote>一旦所谓的“暂时期”结束，一切都会好起来的，然而没有人知道那将是什么时候，就像没有人知道什么是<b>“取得重大进展的明确证据”</b>实现2%的通胀目标是英国央行在收紧政策之前所需要的。</blockquote></p><p> And while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.</p><p><blockquote>虽然英国央行要到 8 月份才会发布新一轮预测，但他们确实将第二季度预测较 5 月份 4.3% 的预测上调了约 1.5 个百分点。</blockquote></p><p> Some more details from thefull statement:</p><p><blockquote>完整声明中的更多细节：</blockquote></p><p> <ul> <li>Committee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.</li> <li>Output in a number of sectors is now around pre-Covid levels, although it remains materially below in others</li> <li>Developments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies</li> <li>The Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.</li> <li>Spare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.</li> <li>Policy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.</li> <li>Most members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.</li> <li>Bank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.</li> <li>It was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.</li> </ul> The market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.</p><p><blockquote><ul><li>委员会预计，大宗商品价格上涨对消费者物价指数通胀的直接影响将是暂时的。</li><li>许多行业的产出目前接近新冠疫情前的水平，但其他行业的产出仍远低于新冠疫情前的水平</li><li>全球国内生产总值增长的发展比预期的要强劲一些，特别是在发达经济体</li><li>委员会不打算收紧货币政策，至少在有明确证据表明在消除过剩产能和可持续地实现2%的通胀目标方面正在取得重大进展之前。</li><li>随着经济活动的回升，经济中的闲置产能预计将被消除，在需求和供应大致恢复平衡之前，预计会有一段暂时的过剩时期。</li><li>政策既要坚决抵御前景的下行风险，又要确保经济复苏不会因过早收紧货币环境而受到破坏。</li><li>大多数委员认为，货币政策委员会现有政策指导中规定的条件没有得到满足，这些条件无论如何都是未来收紧货币政策的必要条件，但不是充分条件。</li><li>银行员工已将 2021 年第二季度 GDP 增长预期从 5 月份报告发布时的 4.25% 上调至 5.5%。这与第二季度的产量比 2019 年第四季度的水平低不到 4% 以及 6 月份的预计产量下降约 2.5% 是一致的。</li><li>更强劲的需求路径可能会比之前预期的更快地缩小产出缺口。</li></ul>市场反应平淡，因为这一决定似乎来自鸽派一方：随着鹰派意外的短期头寸解除，英镑扭转了小幅涨幅。英国国债上涨，10年期国债收益率下降3个基点至0.75%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7010feb093662e50703d0e073ffbf258\" tg-width=\"500\" tg-height=\"242\"></p><p><blockquote></blockquote></p><p> According to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.</p><p><blockquote>彭博社表示，从长远来看，在发生变化之前，英镑可能会继续承压，特别是因为它的交易价格低于 21 周移动平均线，这是自大流行开始以来决定势头的指标。</blockquote></p><p> At the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,<b>a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.</b>It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.</p><p><blockquote>与此同时，鉴于暂时性通胀的说法仍然存在，欧元/英镑因触发止损而上涨，电缆下跌至1.39美元。据彭博社报道，<b>英国央行加息 15 个基点的时间现已从做出决定前的 2022 年 6 月推迟至 2022 年 8 月。</b>这究竟是对重新交易英镑更感兴趣，还是完全归因于短期头寸再平衡，还有待观察。</blockquote></p><p> Bottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.</p><p><blockquote>一句话： 今天有些鸽派的声明让人们对 8 月份的会议产生了很多关注，届时我们将获得全套新的预测，并了解更多关于英国央行的想法；一旦更多的人接种疫苗，我们也应该更清楚地了解病毒情况是如何发展的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/boe-keeps-rates-qe-unchanged-wont-tighten-until-clear-evidence-progress-toward-inflation\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/boe-keeps-rates-qe-unchanged-wont-tighten-until-clear-evidence-progress-toward-inflation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191442444","content_text":"With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.\n\nSo with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,and is likely to exceed 3% for a temporary period\"which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.\nAnd once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the\"clear evidence of significant progress\"toward achieving the 2% inflation target is that the BOE needs before tightening policy.\nAnd while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.\nSome more details from thefull statement:\n\nCommittee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.\nOutput in a number of sectors is now around pre-Covid levels, although it remains materially below in others\nDevelopments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies\nThe Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.\nSpare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.\nPolicy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.\nMost members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.\nBank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.\nIt was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.\n\nThe market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.\n\nAccording to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.\nAt the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.\nBottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126038430,"gmtCreate":1624536824820,"gmtModify":1634004749981,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573384172885142","idStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126038430","repostId":"1154733193","repostType":4,"repost":{"id":"1154733193","kind":"news","pubTimestamp":1624536552,"share":"https://www.laohunote.com/m/news/1154733193?lang=zh_CN&edition=full","pubTime":"2021-06-24 20:09","market":"us","language":"en","title":"Biogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154733193","media":"The Wall Street Journal","summary":"Biogen shares dropped over 7% in premarket trading.\n\nThe stock has soared since the FDA gave its sta","content":"<p>Biogen shares dropped over 7% in premarket trading.</p><p><blockquote>百健股价在盘前交易中下跌超过 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/03125372f62e0f168465fa41a7405a57\" tg-width=\"658\" tg-height=\"440\"></p><p><blockquote></blockquote></p><p> The stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.</p><p><blockquote>自 FDA 本月早些时候批准百健 (Biogen) 的一种阿尔茨海默病药物以来，该股飙升。截至周三收盘，该股今年已上涨超过 50%，而标准普尔 500 指数则上涨约 13%。</blockquote></p><p> The drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.</p><p><blockquote>这种药物将是几十年来治疗这种疾病的第一个新疗法。但FDA的批准一直陷入争议，该机构自己的统计学家表示，没有足够的证据支持批准。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-24 20:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Biogen shares dropped over 7% in premarket trading.</p><p><blockquote>百健股价在盘前交易中下跌超过 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/03125372f62e0f168465fa41a7405a57\" tg-width=\"658\" tg-height=\"440\"></p><p><blockquote></blockquote></p><p> The stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.</p><p><blockquote>自 FDA 本月早些时候批准百健 (Biogen) 的一种阿尔茨海默病药物以来，该股飙升。截至周三收盘，该股今年已上涨超过 50%，而标准普尔 500 指数则上涨约 13%。</blockquote></p><p> The drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.</p><p><blockquote>这种药物将是几十年来治疗这种疾病的第一个新疗法。但FDA的批准一直陷入争议，该机构自己的统计学家表示，没有足够的证据支持批准。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/livecoverage/stock-market-news-live-updates-062421/card/dxN6UHk54SMgjBK70YIp\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIIB":"渤健公司"},"source_url":"https://www.wsj.com/livecoverage/stock-market-news-live-updates-062421/card/dxN6UHk54SMgjBK70YIp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154733193","content_text":"Biogen shares dropped over 7% in premarket trading.\n\nThe stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.\nThe drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":2100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":126038430,"gmtCreate":1624536824820,"gmtModify":1634004749981,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126038430","repostId":"1154733193","repostType":4,"repost":{"id":"1154733193","kind":"news","pubTimestamp":1624536552,"share":"https://www.laohunote.com/m/news/1154733193?lang=zh_CN&edition=full","pubTime":"2021-06-24 20:09","market":"us","language":"en","title":"Biogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154733193","media":"The Wall Street Journal","summary":"Biogen shares dropped over 7% in premarket trading.\n\nThe stock has soared since the FDA gave its sta","content":"<p>Biogen shares dropped over 7% in premarket trading.</p><p><blockquote>百健股价在盘前交易中下跌超过 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/03125372f62e0f168465fa41a7405a57\" tg-width=\"658\" tg-height=\"440\"></p><p><blockquote></blockquote></p><p> The stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.</p><p><blockquote>自 FDA 本月早些时候批准百健 (Biogen) 的一种阿尔茨海默病药物以来，该股飙升。截至周三收盘，该股今年已上涨超过 50%，而标准普尔 500 指数则上涨约 13%。</blockquote></p><p> The drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.</p><p><blockquote>这种药物将是几十年来治疗这种疾病的第一个新疗法。但FDA的批准一直陷入争议，该机构自己的统计学家表示，没有足够的证据支持批准。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiogen Stock Drops Premarket<blockquote>百健股票盘前下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-24 20:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Biogen shares dropped over 7% in premarket trading.</p><p><blockquote>百健股价在盘前交易中下跌超过 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/03125372f62e0f168465fa41a7405a57\" tg-width=\"658\" tg-height=\"440\"></p><p><blockquote></blockquote></p><p> The stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.</p><p><blockquote>自 FDA 本月早些时候批准百健 (Biogen) 的一种阿尔茨海默病药物以来，该股飙升。截至周三收盘，该股今年已上涨超过 50%，而标准普尔 500 指数则上涨约 13%。</blockquote></p><p> The drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.</p><p><blockquote>这种药物将是几十年来治疗这种疾病的第一个新疗法。但FDA的批准一直陷入争议，该机构自己的统计学家表示，没有足够的证据支持批准。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/livecoverage/stock-market-news-live-updates-062421/card/dxN6UHk54SMgjBK70YIp\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIIB":"渤健公司"},"source_url":"https://www.wsj.com/livecoverage/stock-market-news-live-updates-062421/card/dxN6UHk54SMgjBK70YIp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154733193","content_text":"Biogen shares dropped over 7% in premarket trading.\n\nThe stock has soared since the FDA gave its stamp of approval for an Alzheimer's drug from Biogen earlier this month. As of Wednesday close, the stock was up over 50% this year, compared with the S&P 500's roughly 13% advance.\nThe drug would be the first new treatment for the disease in decades. But the FDA approval has been mired in controversy, with the agency's own statisticians saying there was insufficient evidence to support approval.","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":2100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125205338,"gmtCreate":1624673744624,"gmtModify":1633949765855,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125205338","repostId":"1177764085","repostType":4,"isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125202522,"gmtCreate":1624673716866,"gmtModify":1633949766305,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125202522","repostId":"1100072036","repostType":4,"isVote":1,"tweetType":1,"viewCount":1893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126035827,"gmtCreate":1624536927869,"gmtModify":1634004748281,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126035827","repostId":"2145704596","repostType":4,"isVote":1,"tweetType":1,"viewCount":2008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126032971,"gmtCreate":1624536880593,"gmtModify":1634004749432,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126032971","repostId":"1191442444","repostType":4,"repost":{"id":"1191442444","kind":"news","pubTimestamp":1624534197,"share":"https://www.laohunote.com/m/news/1191442444?lang=zh_CN&edition=full","pubTime":"2021-06-24 19:29","market":"uk","language":"en","title":"BoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191442444","media":"zerohedge","summary":"With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England an","content":"<p>With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.</p><p><blockquote>随着近几个月来各国央行乘着鹰派浪潮，人们的目光转向了英国央行及其今天上午的最新货币政策决定，然而，这并不令人意外，因为央行一致投票决定将利率维持在0.1%，并以8比1的多数票将量化宽松规模维持在8950亿英镑，即将离任的首席经济学家霍尔丹再次表示反对，并在离开英国央行前的最后一次投票中投票决定减少资产购买目标。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ee2372b645665ef729732f7accedac5e\" tg-width=\"510\" tg-height=\"538\"></p><p><blockquote></blockquote></p><p> So with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"<i>CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,</i><i><b>and is likely to exceed 3% for a temporary period</b></i><i>\"</i>which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.</p><p><blockquote>那么，随着英国和其他地方一样通胀飙升，英国央行是如何引导评级收紧的呢？很简单，就像美联储说的那样，虽然通货膨胀率可能会升至3%以上，但这将是暂时的，也就是说：“<i>CPI通胀预计将进一步高于目标，这主要是由于能源和其他大宗商品价格的发展，</i><i><b>并可能在一段时间内超过3%</b></i><i>\"</i>这意味着 2019 年最后一个季度，6 月份的产量预计将比新冠疫情爆发前的水平低约 2.5%。就背景而言，之前的通胀峰值预计为 2.5%，因此又一次重大的通胀再思考。</blockquote></p><p> And once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the<b>\"clear evidence of significant progress\"</b>toward achieving the 2% inflation target is that the BOE needs before tightening policy.</p><p><blockquote>一旦所谓的“暂时期”结束，一切都会好起来的，然而没有人知道那将是什么时候，就像没有人知道什么是<b>“取得重大进展的明确证据”</b>实现2%的通胀目标是英国央行在收紧政策之前所需要的。</blockquote></p><p> And while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.</p><p><blockquote>虽然英国央行要到 8 月份才会发布新一轮预测，但他们确实将第二季度预测较 5 月份 4.3% 的预测上调了约 1.5 个百分点。</blockquote></p><p> Some more details from thefull statement:</p><p><blockquote>完整声明中的更多细节：</blockquote></p><p> <ul> <li>Committee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.</li> <li>Output in a number of sectors is now around pre-Covid levels, although it remains materially below in others</li> <li>Developments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies</li> <li>The Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.</li> <li>Spare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.</li> <li>Policy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.</li> <li>Most members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.</li> <li>Bank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.</li> <li>It was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.</li> </ul> The market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.</p><p><blockquote><ul><li>委员会预计，大宗商品价格上涨对消费者物价指数通胀的直接影响将是暂时的。</li><li>许多行业的产出目前接近新冠疫情前的水平，但其他行业的产出仍远低于新冠疫情前的水平</li><li>全球国内生产总值增长的发展比预期的要强劲一些，特别是在发达经济体</li><li>委员会不打算收紧货币政策，至少在有明确证据表明在消除过剩产能和可持续地实现2%的通胀目标方面正在取得重大进展之前。</li><li>随着经济活动的回升，经济中的闲置产能预计将被消除，在需求和供应大致恢复平衡之前，预计会有一段暂时的过剩时期。</li><li>政策既要坚决抵御前景的下行风险，又要确保经济复苏不会因过早收紧货币环境而受到破坏。</li><li>大多数委员认为，货币政策委员会现有政策指导中规定的条件没有得到满足，这些条件无论如何都是未来收紧货币政策的必要条件，但不是充分条件。</li><li>银行员工已将 2021 年第二季度 GDP 增长预期从 5 月份报告发布时的 4.25% 上调至 5.5%。这与第二季度的产量比 2019 年第四季度的水平低不到 4% 以及 6 月份的预计产量下降约 2.5% 是一致的。</li><li>更强劲的需求路径可能会比之前预期的更快地缩小产出缺口。</li></ul>市场反应平淡，因为这一决定似乎来自鸽派一方：随着鹰派意外的短期头寸解除，英镑扭转了小幅涨幅。英国国债上涨，10年期国债收益率下降3个基点至0.75%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7010feb093662e50703d0e073ffbf258\" tg-width=\"500\" tg-height=\"242\"></p><p><blockquote></blockquote></p><p> According to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.</p><p><blockquote>彭博社表示，从长远来看，在发生变化之前，英镑可能会继续承压，特别是因为它的交易价格低于 21 周移动平均线，这是自大流行开始以来决定势头的指标。</blockquote></p><p> At the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,<b>a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.</b>It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.</p><p><blockquote>与此同时，鉴于暂时性通胀的说法仍然存在，欧元/英镑因触发止损而上涨，电缆下跌至1.39美元。据彭博社报道，<b>英国央行加息 15 个基点的时间现已从做出决定前的 2022 年 6 月推迟至 2022 年 8 月。</b>这究竟是对重新交易英镑更感兴趣，还是完全归因于短期头寸再平衡，还有待观察。</blockquote></p><p> Bottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.</p><p><blockquote>一句话： 今天有些鸽派的声明让人们对 8 月份的会议产生了很多关注，届时我们将获得全套新的预测，并了解更多关于英国央行的想法；一旦更多的人接种疫苗，我们也应该更清楚地了解病毒情况是如何发展的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoE Keeps Rates, QE Unchanged; Won't Tighten Until \"Clear Evidence Of Progress\" Toward Inflation Goal<blockquote>英国央行维持利率，量化宽松不变；在“有明确证据表明通胀目标取得进展”之前不会收紧</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-24 19:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.</p><p><blockquote>随着近几个月来各国央行乘着鹰派浪潮，人们的目光转向了英国央行及其今天上午的最新货币政策决定，然而，这并不令人意外，因为央行一致投票决定将利率维持在0.1%，并以8比1的多数票将量化宽松规模维持在8950亿英镑，即将离任的首席经济学家霍尔丹再次表示反对，并在离开英国央行前的最后一次投票中投票决定减少资产购买目标。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ee2372b645665ef729732f7accedac5e\" tg-width=\"510\" tg-height=\"538\"></p><p><blockquote></blockquote></p><p> So with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"<i>CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,</i><i><b>and is likely to exceed 3% for a temporary period</b></i><i>\"</i>which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.</p><p><blockquote>那么，随着英国和其他地方一样通胀飙升，英国央行是如何引导评级收紧的呢？很简单，就像美联储说的那样，虽然通货膨胀率可能会升至3%以上，但这将是暂时的，也就是说：“<i>CPI通胀预计将进一步高于目标，这主要是由于能源和其他大宗商品价格的发展，</i><i><b>并可能在一段时间内超过3%</b></i><i>\"</i>这意味着 2019 年最后一个季度，6 月份的产量预计将比新冠疫情爆发前的水平低约 2.5%。就背景而言，之前的通胀峰值预计为 2.5%，因此又一次重大的通胀再思考。</blockquote></p><p> And once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the<b>\"clear evidence of significant progress\"</b>toward achieving the 2% inflation target is that the BOE needs before tightening policy.</p><p><blockquote>一旦所谓的“暂时期”结束，一切都会好起来的，然而没有人知道那将是什么时候，就像没有人知道什么是<b>“取得重大进展的明确证据”</b>实现2%的通胀目标是英国央行在收紧政策之前所需要的。</blockquote></p><p> And while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.</p><p><blockquote>虽然英国央行要到 8 月份才会发布新一轮预测，但他们确实将第二季度预测较 5 月份 4.3% 的预测上调了约 1.5 个百分点。</blockquote></p><p> Some more details from thefull statement:</p><p><blockquote>完整声明中的更多细节：</blockquote></p><p> <ul> <li>Committee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.</li> <li>Output in a number of sectors is now around pre-Covid levels, although it remains materially below in others</li> <li>Developments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies</li> <li>The Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.</li> <li>Spare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.</li> <li>Policy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.</li> <li>Most members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.</li> <li>Bank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.</li> <li>It was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.</li> </ul> The market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.</p><p><blockquote><ul><li>委员会预计，大宗商品价格上涨对消费者物价指数通胀的直接影响将是暂时的。</li><li>许多行业的产出目前接近新冠疫情前的水平，但其他行业的产出仍远低于新冠疫情前的水平</li><li>全球国内生产总值增长的发展比预期的要强劲一些，特别是在发达经济体</li><li>委员会不打算收紧货币政策，至少在有明确证据表明在消除过剩产能和可持续地实现2%的通胀目标方面正在取得重大进展之前。</li><li>随着经济活动的回升，经济中的闲置产能预计将被消除，在需求和供应大致恢复平衡之前，预计会有一段暂时的过剩时期。</li><li>政策既要坚决抵御前景的下行风险，又要确保经济复苏不会因过早收紧货币环境而受到破坏。</li><li>大多数委员认为，货币政策委员会现有政策指导中规定的条件没有得到满足，这些条件无论如何都是未来收紧货币政策的必要条件，但不是充分条件。</li><li>银行员工已将 2021 年第二季度 GDP 增长预期从 5 月份报告发布时的 4.25% 上调至 5.5%。这与第二季度的产量比 2019 年第四季度的水平低不到 4% 以及 6 月份的预计产量下降约 2.5% 是一致的。</li><li>更强劲的需求路径可能会比之前预期的更快地缩小产出缺口。</li></ul>市场反应平淡，因为这一决定似乎来自鸽派一方：随着鹰派意外的短期头寸解除，英镑扭转了小幅涨幅。英国国债上涨，10年期国债收益率下降3个基点至0.75%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7010feb093662e50703d0e073ffbf258\" tg-width=\"500\" tg-height=\"242\"></p><p><blockquote></blockquote></p><p> According to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.</p><p><blockquote>彭博社表示，从长远来看，在发生变化之前，英镑可能会继续承压，特别是因为它的交易价格低于 21 周移动平均线，这是自大流行开始以来决定势头的指标。</blockquote></p><p> At the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,<b>a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.</b>It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.</p><p><blockquote>与此同时，鉴于暂时性通胀的说法仍然存在，欧元/英镑因触发止损而上涨，电缆下跌至1.39美元。据彭博社报道，<b>英国央行加息 15 个基点的时间现已从做出决定前的 2022 年 6 月推迟至 2022 年 8 月。</b>这究竟是对重新交易英镑更感兴趣，还是完全归因于短期头寸再平衡，还有待观察。</blockquote></p><p> Bottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.</p><p><blockquote>一句话： 今天有些鸽派的声明让人们对 8 月份的会议产生了很多关注，届时我们将获得全套新的预测，并了解更多关于英国央行的想法；一旦更多的人接种疫苗，我们也应该更清楚地了解病毒情况是如何发展的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/boe-keeps-rates-qe-unchanged-wont-tighten-until-clear-evidence-progress-toward-inflation\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/boe-keeps-rates-qe-unchanged-wont-tighten-until-clear-evidence-progress-toward-inflation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191442444","content_text":"With central banks riding a hawkish wave in recent months, eyes turned toward the Bank of England and its latest monetary policy decision this morning, which however did not surprise as the central bank voted unanimously to keep interest rates at 0.1% and by a majority of 8-1 to maintain the amount of quantitative easing at £895bn, with outgoing chief economist Haldane again dissenting and voting to reduce the asset purchase target in his final vote before leaving the Bank of England.\n\nSo with inflation surging in the UK as everywhere else, how did the BOE deflect calls to tighten? Simple, like the Fed it said that while inflation may rise above 3%, it will be transitory, to wit: \"CPI inflation is expected to pick up further above the target, owing primarily to developments in energy and other commodity prices,and is likely to exceed 3% for a temporary period\"which means June output is expected to be around 2.5% below its pre-Covid level in the final quarter of 2019. For context, the previous inflation peak was projected to be 2.5%, so yet another significant reflationary rethink.\nAnd once said \"temporary period\" ends, all shall be well, however nobody knows when that will be, just as nobody knows what the\"clear evidence of significant progress\"toward achieving the 2% inflation target is that the BOE needs before tightening policy.\nAnd while the BOE won't issue a fresh round of forecasts until August, they did revise up their second-quarter projection by around 1.5 percentage points from their May projection of 4.3%.\nSome more details from thefull statement:\n\nCommittee’s expectation is that the direct impact of rises in commodity prices on CPI inflation will be transitory.\nOutput in a number of sectors is now around pre-Covid levels, although it remains materially below in others\nDevelopments in global GDP growth have been somewhat stronger than anticipated, particularly in advanced economies\nThe Committee does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.\nSpare capacity in the economy was expected to be eliminated as activity picked up, and there was expected to be a temporary period of excess demand, before demand and supply returned broadly to balance.\nPolicy should both lean strongly against downside risks to the outlook and ensure that the recovery was not undermined by a premature tightening in monetary conditions.\nMost members judged that the conditions set out in the MPC’s existing policy guidance, which were in any case necessary but not sufficient conditions for any future tightening in monetary policy, were not met.\nBank staff had revised up their expectations for 2021 Q2 GDP growth to 5.5%, from 4.25% at the time of the May Report. That would be consistent with output in Q2 being less than 4% below its 2019 Q4 level, and projected output in June around 2.5% lower.\nIt was possible that a stronger path for demand would close the output gap somewhat sooner than had previously been expected.\n\nThe market response was muted as the decision appeared to come on the dovish side: the pound reversed modest gains as short-term positioning over a hawkish surprise is unwound. Gilts rise, with 10-year yield down by 3 basis points to 0.75%.\n\nAccording to Bloomberg, in the longer term, and until a shift comes, the pound may stay under pressure especially as it trades below its 21-weekly moving average, a momentum-defining indicator since the pandemic started.\nAt the same time, EUR/GBP rallied as stops were triggered given the transitory-inflation narrative remains and cable dips toward the $1.39 handle. According to Bloomberg,a 15bps rate hike by the BOE is now pushed back to Aug 2022 from June 2022 just before the decision.It remains to be seen whether this is more interest to trade the pound afresh or is it all down to short-term position rebalancing.\nBottom line: today's somewhat dovish statements puts a lot of attention on to the August meeting when we’ll get a full set of new forecasts and learn more about the BOE's thinking; we should also have a clearer sense of how the virus situation is developing once more people are vaccinated.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124401975,"gmtCreate":1624776249397,"gmtModify":1633948698949,"author":{"id":"3573384172885142","authorId":"3573384172885142","name":"agjh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573384172885142","authorIdStr":"3573384172885142"},"themes":[],"title":"","htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124401975","repostId":"2146000990","repostType":4,"isVote":1,"tweetType":1,"viewCount":2556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
