一周金融及外匯市場前瞻 (2012年10月15日)

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<td bgcolor="#ccffff" style="padding-left: 5px;"><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;"><strong>I. 金融市場前瞻</strong></span></td>
<td align="right" style="padding-right: 10px;"><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;"><strong>2012年10月15日</strong></span></td></tr>
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<td style="padding-bottom: 5px; padding-left: 5px; padding-right: 5px; padding-top: 5px;"><strong><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;">第四季宜採股債均衡策略
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<td style="line-height: 16px; padding-right: 5px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">現時美國高息債券的孳息率僅約7.1厘，較去年底的8.4厘顯著回落
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<td style="line-height: 16px; padding-right: 5px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">集中於債券(尤其是高息債券)的投資者，或可考慮逐步分散投資組合以獲得較穩定的回報，其中一個方法是透過同時投資於股票及債券
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<td style="padding-bottom: 5px; padding-left: 5px; padding-right: 5px; padding-top: 5px;"><strong><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;">美股或受惠於吸引估值及寬鬆信貸環境
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<td style="line-height: 16px; padding-right: 15px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">預期美國樓市持續復甦，或有助改善消費者信心及銀行的貸款組合，利好美國股票
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<td style="line-height: 16px; padding-right: 15px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">美股估值吸引，加上當地寬鬆的信貸環境，料明年標普500指數有機會見1,615點
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<td align="middle" style="padding-left: 5px;"><strong><span style="color: black; font-family: 新細明體;">上周金融巿場表現</span></strong></td></tr>
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<td align="middle" style="padding-top: 10px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">資料來源：彭博資訊，截至2012年10月12日</span></td></tr>
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<td style="padding-left: 5px;"><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;"><strong>II.
外匯市場前瞻</strong></span></td></tr>
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<td style="padding-bottom: 5px; padding-left: 5px; padding-right: 5px; padding-top: 5px;"><strong><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;">上周澳洲就業數據造好，澳元回升</span></strong></td></tr>
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<td style="line-height: 22px; padding-right: 15px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">西班牙仍未有正式尋求資金援助，歐債危機憂慮升溫，令歐元受壓
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<td style="line-height: 22px; padding-right: 15px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">澳洲9月份就業人數增加14500人，而中國9月份貿易盈餘擴闊至276.7億美元，利好澳元
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<td style="line-height: 22px; padding-left: 5px;"><strong><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: 14px;">本周焦點</span></strong></td></tr>
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<td style="line-height: 22px; padding-right: 15px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">本周二，澳洲央行將公布上次議息紀錄，若內容對減息的措詞未見強硬，或有利澳元
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<td align="middle" valign="top"><strong><span style="color: black; font-family: 新細明體;">上周主流貨幣兌美元回報表現</span></strong></td></tr>
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<td align="middle" valign="top"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">資料來源：彭博資訊，截至2012年10月12日</span></td></tr>
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<td style="padding-bottom: 5px; padding-left: 5px; padding-right: 5px; padding-top: 5px;"><strong><span style="color: #28519d; font-family: Arial, Helvetica, sans-serif, 新細明體;">澳元或維持區間上落</span></strong></td></tr>
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<td style="line-height: 22px; padding-right: 30px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">投資者減息外幣長倉，加上本周多項中國數據將會公布，或增加市場波動性，料澳元或處區間上落
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<td style="line-height: 22px;"><span style="font-family: Arial, Helvetica, sans-serif, 新細明體; font-size: x-small;">技術上，澳元兌美元或於1.0000-1.0150(7.75-7.87)有支持，反彈空間或受制於1.0345(8.02)
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<td align="left" height="22" style="padding-top: 5px;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: xx-small;">註明：括號屬以港元計算的匯價水平，港元匯率以7.75作參考
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<td align="left"><span style="font-family: 新細明體; font-size: x-small;">請瀏覽以下網址以獲取更詳盡的完整版本</span></td></tr>
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<td align="left" height="22" style="padding-top: 5px;"><strong><span style="color: #28519d; font-family: 新細明體;">&lt;&lt;一周金融市場前瞻&gt;&gt;</span></strong></td></tr>
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<td align="left" height="22" style="padding-top: 5px;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;">https://www.citibank.com.hk/global_docs/mobile/pdf/wmu/wmu_c.pdf</span></td></tr>
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<td align="left" height="22" style="padding-top: 5px;"><strong><span style="color: #28519d; font-family: 新細明體;">&lt;&lt;一周外匯市場前瞻&gt;&gt;</span></strong> </td></tr>
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<td align="left" height="22" style="padding-top: 5px;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;">https://www.citibank.com.hk/global_docs/mobile/pdf/fx/insight_c.pdf</span></td></tr>
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<td align="left" style="padding-top: 5px;"><span style="color: #666666; font-family: 新細明體; font-size: x-small;"><em>閣下須以Acrobat Reader瀏覽本文件</em></span></td></tr>
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