论文部分内容阅读
三季度初期,在希腊债务危机与中国股市暴跌的双重夹击下,大宗商品市场经历了暴跌、暴涨行情,铝价亦不例外。伦铝3月合约最低跌至1631.5美元/吨一线,随后反弹至1720美元/吨附近。后期,美联储逐渐步入加息步伐,美元指数长期维持强势,压制大宗商品市场。但2015年下半年度宏观面亦不缺亮点:希腊债务危机的暂时缓解及欧元区QE的稳步实施将使得欧元区经济持续复苏,中国6月宏观经济的转暖及下半年宽松货币政策形成共识,宏观层面对再生铝利好多多;叠加铝市下游汽车、房地产行业需求的转暖以及环保等
In the early third quarter, under the double attack of the Greek debt crisis and the plunge of China’s stock market, the commodity market experienced a plunge and soaring prices. Aluminum prices were no exception. Aluminum contract in March fell to the lowest 1631.5 US dollars / ton line, then rebounded to around 1,720 US dollars / ton. Later, the Federal Reserve gradually stepped into the pace of rate hikes. The U.S. dollar index maintained its long-term strength and suppressed the commodity market. However, there is no shortage of highlights in the second half of 2015: the temporary easing of the Greek debt crisis and the steady implementation of the QE in the euro zone will lead to a sustained recovery in the euro area economy, the macroeconomic warming in June in China and the easing of monetary policies in the second half of the year , The macro level of a lot of good for the regeneration of aluminum; Succeeding aluminum cars downstream, the real estate industry needs warming and environmental protection