破局與重塑

For European stocks it’s better if the currency is up not down
貨幣貶值未必利好歐洲股市

Falls against the dollar are due to the loss of competitiveness after the rising cost of energy
貝兒:當歐元和英鎊貶值時,對競爭力的正面影響不足以抵消成長乏力和風險增加等根本的貶值原因。

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)歐洲策略師

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