破局与重塑

For European stocks it’s better if the currency is up not down
货币贬值未必利好欧洲股市

Falls against the dollar are due to the loss of competitiveness after the rising cost of energy
贝尔:当欧元和英镑贬值时,对竞争力的正面影响不足以抵消增长乏力和风险增加等根本的贬值原因。

The writer is European strategist at Goldman SachsThe effects of Europe’s energy crisis can be seen across all assets, not least currencies. The euro has been bumpy around parity with the dollar, a two-decade low. Sterling is hovering around the lows seen at the worst point of the pandemic. 

本文作者是高盛(Goldman Sachs)欧洲策略师

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