Chikonzero nei China Ndiyo Mutengi Mukuru Wegoridhe Munyika

Zvishongo Kutengesa:

Ndarama inobata basa rakasimba mumhemberero dzechinyakare muChina, uye inowanzopihwa zvipo pamichato nekuzvarwa, nepo kutengesa kwegoridhe rekushongedza zvakare kunokwira kutenderera kweLunar New Year uye panguva yeGoridhe Vhiki muna Gumiguru. Panguva iyo kutengeswa kwezvishongo zvegoridhe kwakamira kana kudonha mumisika mizhinji, kwakakwira nezvikamu zvitatu kubva muzana muChina muna 2018 kusvika pamakore matatu epamusoro e23.7 miriyoni ounces inoverengera makumi matatu muzana ehuwandu hwenyika.

maererano neWorld Gold Council

(WGC). Hupfumi huri kuramba huchikwira hweChina huri kukura huri pakati nepakati hunotarisirwa kuramba huchitsigira maitiro aya kuenda kumberi.

Industrials:

China zvakare inoenderera mberi kuve mutengi akakosha wegoridhe rekushandisa mumaindasitiri, kunyanya kune epamusoro-yekupedzisira vatengi zvemagetsi, mota dzemagetsi, maLED uye akadhindwa edunhu mabhodhi. Zvikanzi,

kusawirirana kweUS-China kwekutengeserana

zvakabatsira mukudzikira kudiwa munzvimbo iyi sezvo kumwe kugadzirwa kwemaindasitiri kwakabviswa muChina. Iyo LED chikamu chakanyanya kuomesesa, nemitero yakatemerwa pane anopfuura makumi matatu ekuvhenekesa maapplication. Huwandu hweWGC hunoratidza kushandiswa kwegoridhe kumaindasitiri kwakadonha ne9.6 muzana gore negore muChina mukati mechikamu chechina cha2018.

Central Bank Kutenga:

Sezvo kudiwa kwegoridhe mumaindasitiri kuri kuderera, kutenga nebhanga guru reChina kuri kuwedzera, nePeople's Bank of China (PBoC)

kuwedzera matura ayo egoridhe

muna Zvita 2018 kekutanga kubva Gumiguru 2016. Yakatenga 351,000 ounces yeyero simbi muna Zvita, ichiteverwa nemamwe miriyoni 1.16 ounces mukota yekutanga ye2019, maererano neWGC. Iyo PBoC yakangobata 2.4 muzana yemadhora ayo emadhora mazana matatu nemakumi matatu emadhora mugoridhe mukupera kwa2018. Vamwe vanofungidzira kuti inogona kutarisisa kuwedzera matura ayo kuti anyanye kufanana nemazinga akabatwa nemamwe mabhanga epakati. Somuenzaniso, U.S. Federal Reserve inobata 74 muzana yematura ayo mugoridhe, nepo

Bundesbank yeGermany inobata makumi manomwe muzana

. Kana PBoC ikaramba ichitenga goridhe nechiyero ichi, inogona kuve mutengi wegoridhe mukuru webhanga repasi rose muna 2019.

Retail Investors:

Imwe sosi huru yekudiwa kwegoridhe muChina inobva kune vanoisa mari. Huwandu hweWGC hunoratidza vatengesi vezvitoro vakatenga mamirioni gumi nemazana manomwe emaonzi egoridhe nemari muna 2018 kumashure kwehupfumi huri kudzikira, kudzikira renminbi (RMB), kusagadzikana kwemusika wemasheya uye kuenderera mberi kweUS-China kutengeserana kusawirirana. Sezvo kusagadzikana kwehupfumi hwenyika kuri kuramba kuchienderera mberi, maitiro aya anotaridzika kuenderera mberi muna 2019.

Padivi pevatyairi ava, goridhe rinoramba richiita basa rakakosha senzvimbo yakachengeteka yekudyara munzvimbo inochinja yehupfumi. Mutengo wegoridhe wakarova

mavhiki mana akakwirira

ye $1,319.55/oz mukupera kwaKurume, ichitungamirwa nekunetsekana kwekuderera kwehupfumi hwenyika, seU.S. hupfumi hwakaratidza kuderera.

Kusagadzikana kwehupfumi nekuda kwezvizhinji zvinhu zvinosanganisira Brexit, iyo

U.S.-China kutengeserana kusawirirana

uye kudzikira kukura kwepasirese, kuri kukonzerawo kushata kwemusika wekuenzana. Ndarama yagara ine yakaderera uye dzimwe nguva yakashata kuwirirana kune mamwe makirasi easset, ichiwedzera kukwezva kwayo mumamiriro ekunze aripo. Iyo simbi inokwezvawo seruzhowa rwemari. Iyo RMB yakarasikirwa nechikamu chimwe muzvitatu chehukoshi hwayo mukupikisa goridhe kubva muna Chikumi 2007. Kana simba reU.S. dhora rinodzikira zvichibva pane yakaderera mubereko zvinotarisirwa, iyo RMB ichaitevera yakaderera nekuda kwehoko yemari yayo, ichiwedzera kuwedzera kukwezva kwegoridhe.

Imwe sarudzo yevatengesi vanoda kuratidzwa kune goridhe ndeyekudyara mune ramangwana regoridhe. Ramangwana regoridhe rinopa mabhenefiti akafanana egoridhe remuviri maererano nekusiyana kwepodfolio, pasina vanoisa mari vachitora kutakura simbi kana kutakura mutengo wekuichengeta. Ivo zvakare vanogonesa vanoisa mari kuti vadzivirire kushanduka kwemutengo mune ramangwana, sezvo mutengo wegoridhe uchigona kuenderana nezviitiko zvezvematongerwo enyika nezvehupfumi.

Musika wenguva yemberi wegoridhe unowanzo mvura kupfuura musika wegoridhe chaiwo. Semuyenzaniso, anosvika 9.28 bhiriyoni notional ounces eCOMEX Goridhe remangwana uye sarudzo dzakatengeswa muna 2018, gumi nemaviri muzana kupfuura muna 2017, pamwe neakaenzana neanosvika 37 miriyoni ounces ari kutengeswa zuva rega rega.

Kune zvakare kuchinjika muhukuru hwekondirakiti kune vanoisa mari vachitengesa goridhe remangwana, kutanga pamaonzi gumi chete, kusvika kumaonzi zana zvichiita kuti vanoisa mari vagadzirise zvibvumirano kuhurongwa hwavo hwekutarisira njodzi. KuCME Group, neramangwana redu reGoridhe uye sarudzo vhoriyamu inoverengera inodarika chikamu chimwe muzvitatu chehuwandu hwepasi rose hwakatengeswa munguva dzekutengesa dzekuAsia (Beijing 8 a.m. kusvika 8 p.m.), vanoisa mari vanogona zvakare kuvimbiswa kudzika kwemari pazvibvumirano zvavo kana zvasvika pakugadzirisa njodzi panguva yekutengeserana kwavo zuva.

Yakanyorwa naSachin Patel

Dzidza Zvakawanda

nezvezvishandiso zvevatengesi uye zviwanikwa zveramangwana regoridhe.

(Chinyorwa ichi chinotsigirwa uye chakagadzirwa neCME Group, iyo inongotarisira kune zvirimo.)