\nTendin\u0163a a \u00eenceput de luna trecut\u0103, justificat\u0103 cu temeri c\u0103 programul de tip\u0103rire de bani al Rezervei Federale se apropie de sf\u00e2r\u015fit: \u00een ultima s\u0103pt\u0103m\u00e2n\u0103 din mai, v\u00e2nz\u0103rile de obliga\u0163iuni de stat ale pie\u0163elor emergente au totalizat 866 mil. dolari, conform UniCredit, iar anali\u015ftii SocGen, care caracterizeaz\u0103 aceast\u0103 retragere masiv\u0103 a investitorilor drept “o baie de s\u00e2nge”, prev\u0103d c\u0103 retragerile investitorilor s-ar putea accentua, astfel \u00eenc\u00e2t nu recomand\u0103 expunere nici pe monedele, nici pe obliga\u0163iunile pie\u0163elor emergente.<\/p>\n
\nDolarul australian, realul brazilian, peso-ul mexican, wonul coreean, rupia indian\u0103, coroana suedez\u0103 sau zlotul polonez sunt printre activele vulnerabile la aceast\u0103 tendin\u0163\u0103, adaug\u0103 anali\u015ftii RBS.<\/p>\n
\nInvestitorii reac\u0163ioneaz\u0103 excesiv fa\u0163\u0103 de posibilitatea ca Rezerva Federal\u0103 s\u0103 abandoneze programul de cump\u0103r\u0103ri de obliga\u0163iuni \u00een valoare de 85 mld. dolari lunar destinat stimul\u0103rii economiei americane, a declarat Charles Plosser, \u015feful Fed Philadelphia.<\/p>\n
\nReferirea lui vizeaz\u0103 comportamentul anormal al investitorilor, care au ajuns at\u00e2t de dependen\u0163i de banii de la tiparni\u0163a Fed, \u00eenc\u00e2t au ajuns s\u0103 ia drept veste proast\u0103 \u015fi s\u0103 reac\u0163ioneze prin sc\u0103derea burselor la orice \u015ftire despre ameliorarea pie\u0163ei muncii sau a industriei din SUA, con\u015ftien\u0163i c\u0103 programul b\u0103ncii centrale va \u00eenceta odat\u0103 ce \u015fi-a atins obiectivul, adic\u0103 stimularea economiei.<\/p>\n
\nMarile b\u0103nci, \u00een frunte cu Goldman Sachs, estimeaz\u0103 c\u0103 o reducere a programului Fed nu va fi decis\u0103 \u00eenainte de luna septembrie \u015fi c\u0103 nu va \u00eensemna nicidecum o \u00eencetare brusc\u0103 a injec\u0163iilor de bani \u00een pia\u0163\u0103. Plosser a men\u0163ionat \u00eens\u0103 c\u0103 r\u0103m\u00e2ne \u00een c\u0103r\u0163i \u015fi reuniunea Fed din 18-19 iunie pentru o decizie, mai ales c\u0103, \u00een opinia sa, tiparni\u0163a b\u0103ncii centrale nici nu s-a dovedit prea eficient\u0103 pentru economia real\u0103 \u015fi reducerea \u015fomajului.<\/p>\n","protected":false},"excerpt":{"rendered":"
De la 4,35 lei\/euro \u00een urm\u0103 cu dou\u0103 s\u0103pt\u0103m\u00e2ni, cursul de schimb a urcat treptat p\u00e2n\u0103 la 4,5535 lei\/euro vineri, un nou record al anului, \u00eentr-un context regional marcat de deprecieri similare ale monedelor na\u0163ionale, ca efect al v\u00e2nz\u0103rii de c\u0103tre investitorii str\u0103ini a titlurilor de datorie emise de pie\u0163ele emergente.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7733,188,7136,7633,8349,369,19018,8193,24060,8884],"class_list":["post-96046","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-curs-valutar","tag-economie","tag-finante","tag-investitori","tag-leu","tag-obligatiuni","tag-piete-emergente","tag-piete-financiare","tag-qe3","tag-rezerva-federala"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/96046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96046"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/96046\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}