Asset managers snap up sterling as UK inflation concerns linger | 投资者加大对英镑的押注 - manbetx20客户端下载
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金融市场

Asset managers snap up sterling as UK inflation concerns linger
投资者加大对英镑的押注

Overseas investors purchase British pound at fastest clip since the summer
海外投资者正以今年夏季以来最快的速度买入英镑。
Investors and currency speculators have boosted bets on the pound as expectations grow that the Bank of England will be slower than other central banks to cut interest rates. 
投资者和外汇投机者加大了对英镑的押注,因市场愈发预期英国央行(Bank of England)降息的速度将慢于其他央行。
As markets brace for central banks’ final rate decisions of the year this week, overseas investors have been scooping up sterling at the fastest clip since the summer while price pressures remain higher in the UK than elsewhere.
在市场为本周各国央行的年度最终利率决定做准备之际,海外投资者正以夏季以来最快的速度买入英镑,而英国的价格压力仍高于其他地区。
Data from Citigroup, which trades 130 currencies with a presence in more than 60 countries, showed that asset managers had ramped up sterling purchases since the start of November, a move that analysts said was partly a reflection of expectations that the BoE would be forced to keep interest rates high well into next year.
花旗集团(Citigroup)的数据显示,自11月初以来,资产管理公司增加了对英镑的购买。花旗集团从事130种货币的交易,业务遍布60多个国家。分析师表示,此举在一定程度上反映了市场预期,即英国央行将被迫在明年很长一段时间内维持高利率。
Markets are now pricing in three or four 0.25 percentage point rate cuts for the BoE next year, compared with four or five cuts for the Federal Reserve and five or six cuts for the European Central Bank over 2024.
市场目前预计,英国央行明年将降息3到4次,每次0.25个百分点,而美联储(Fed)在2024年将降息4到5次,欧洲央行(European Central Bank)将降息5到6次。
Purchases of sterling by fund managers, as a percentage of Citigroup’s daily activity in the pound, has risen from 22 per cent to nearly 50 per cent in the last six weeks.
过去6周,基金经理购买的英镑占花旗集团每日英镑交易的比例,已从22%升至近50%。
“After a period of neutral to slightly net negative flows our global real money clients have become net sterling buyers again,” said Sam Hewson, head of FX sales at Citigroup, adding that “sterling buying flows over the past month were [the] biggest since July 2023”.
花旗集团外汇销售主管萨姆•休森(Sam Hewson)表示:“在经历了一段中性至略微净负值的时期后,我们的manbetx app苹果 实体货币客户已再次成为英镑净买家。”他补充称,“过去一个月的英镑买入流量是自2023年7月以来最大的”。
Other banks have seen a similar trend. John Velis, foreign exchange and macro strategist at BNY Mellon, which is custodian to $45tn of assets, said overseas holdings of sterling have returned to “close to normal” long-term averages having been “meaningfully underweight for most of the year until just a few weeks ago”.
其他银行也出现了类似的趋势。托管着45