<p>欧洲防务股票创下历史新高</p><p>油价上涨，交易员关注委内瑞拉局势</p><p>关注美国非农就业数据；市场仍押注于美联储再降息两次</p><p>（更新早期欧洲市场动态）</p><p>作者：Marc Jones 和 Rae Wee</p><p>伦敦/新加坡，1 月 8 日（路透社）-</p><p>欧洲防务股票跃升至历史新高，油价和美元在周四均有所上涨，因为从委内瑞拉到格林兰的地缘政治紧张局势让交易员们感到不安。</p><p>两艘与委内瑞拉相关的油轮在大西洋被</p><p>扣押</p><p>的消息与美国国务卿马尔科·鲁比奥将于下周与丹麦领导人会面讨论格林兰的消息同时传出，此外还有一些混合的经济数据。</p><p>欧洲创纪录的 STOXX 航空航天和防务股票指数（.SXPARO）在连续第五天上涨的早期上涨近 2%，今年以来已上涨 13%，自 2022 年俄罗斯入侵乌克兰以来上涨超过 260%。（.EU）</p><p>与此同时，欧元（EUR=）正朝着连续第八次对美元下跌的方向发展，尽管周三的美国经济数据混合，令美元多头在周五备受关注的非农就业报告前保持谨慎。（/FRX）</p><p>“投资者意识到地缘政治的威胁不会消失，” Stonehage Fleming 投资管理公司的多资产投资组合解决方案负责人彼得·麦克林说。</p><p>“虽然我们不太可能在格林兰看到军事行动，但显然在欧洲增加国防支出是有动力的。”</p><p>本周油价因委内瑞拉原油产量上升的前景而下滑，但周四回升，布伦特原油期货（LCOc1）重新回到每桶 60 美元以上，美国原油（CLc1）上涨 0.5%，至每桶 56.30 美元，</p><p>美国高级官员周三表示，该国需要无限期控制委内瑞拉的石油销售和收入，以稳定该国经济，重建其石油部门，并确保其符合美国的利益。</p><p>“市场对特朗普关于控制委内瑞拉石油的评论的负面反应似乎有些不合时宜，” ANZ 的高级商品策略师丹尼尔·海恩斯说。</p><p>“美国对石油销售的控制实际上可能意味着短期内继续实施制裁或限制，这将对油价形成支撑。我怀疑这就是价格回升的原因。”</p><p>在其他方面，股票在新年强劲开局后大多下跌。</p><p>泛欧 STOXX 600 指数（.STOXX）下跌 0.2%。日本日经指数（.N225）在与中国紧张关系加剧的情况下下跌 1.6%，华尔街期货（ESc1）（NQc1）下跌 0.2%。（.N）</p><p>“看起来亚洲市场在 2026 年强劲开局后只是稍作喘息，” Saxo 的首席投资策略师查鲁·查纳纳说。</p><p>“地缘政治头条在主导市场，” 查纳纳说，指的是中国对日本的双用途出口禁令，以及关于潜在稀土风险的讨论。</p><p>日本化工制造商的股票在东京下跌，而中国竞争对手的股票在中国商务部表示将对用于芯片制造的化学品进口启动反倾销调查后上涨。</p><h3 id="33k037ytf">非农就业数据即将发布</h3><p>撇开地缘政治，投资者还关注即将发布的美国每周初请失业金人数，以及周五备受关注的非农就业报告，这可能为美联储的利率前景提供进一步的清晰度。</p><p>高盛的分析师表示，他们预计 12 月份非农就业人数将增加超过预期的 70,000，而失业率预计将小幅下降至 4.5%。</p><p>周三发布的一系列数据描绘了一个混合的图景，JOLTS 劳动力市场数据支持了 “无招聘，无解雇” 的就业市场观点，而 12 月份的 ISM 服务指数则达到了令人安心的 14 个月高点。</p><p>这些数据对市场对美联储今年再降息两次的预期几乎没有影响（0#USDIRPR）。十年期国债收益率（US10YT=RR）保持在 4.15%，德国十年期国债收益率为 2.8%（DE10YT=RR），本周仍下降超过 7 个基点。</p><p>回到货币市场，英镑（GBP=）最后以 1.3458 美元成交，日本日元（JPY=）小幅上涨至每美元 156.67。</p><p>避险金属黄金（XAU=）下跌 0.5%，至每盎司 4,420 美元，白银（XAG=）和铂金（XPT=）分别下跌 2.6% 和 3.2%，此前它们曾大幅上涨。（GOL/）</p><p>“今年一个主要的风险因素是债券收益率的方向，” Stonehage Fleming 的麦克林说。“如果十年期国债收益率跌破 4 并进一步下跌，我认为这将是一个真正的积极信号。”</p><p>上涨，飞翔</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/0249a6c1e98fa94b2706442f348e5d4b?x-oss-process=style/lg" alt="" width="1420" height="938" original-src="https://pub.pbkrs.com/uploads/2026/0249a6c1e98fa94b2706442f348e5d4b"/></figure>

<p>欧洲防务股票创下历史新高，主要受到持续的地缘政治紧张局势的推动，特别是与委内瑞拉和格林兰相关的紧张局势。油价上涨，布伦特原油期货价格突破每桶 60 美元。美元对欧元上涨，欧元正面临连续第八次下跌。投资者关注即将发布的美国非农就业数据，预计就业人数将有所增加。混合的经济指标使市场对美联储进一步降息的预期保持不变。总体而言，地缘政治担忧正在显著影响市场走势</p>

<p>European defence stocks hit new all-time high</p>
<div class="lb-trans"><p>欧洲防务股票创下历史新高</p>
</div><p>Oil prices rise as traders monitor Venezuela developments</p>
<div class="lb-trans"><p>油价上涨，交易员关注委内瑞拉局势</p>
</div><p>Eyes on US nonfarm payrolls; bets of two more Fed cuts remain</p>
<div class="lb-trans"><p>关注美国非农就业数据；市场仍押注于美联储再降息两次</p>
</div><p>(Updates with early European market moves)</p>
<div class="lb-trans"><p>（更新早期欧洲市场动态）</p>
</div><p>By Marc Jones and Rae Wee</p>
<div class="lb-trans"><p>作者：Marc Jones 和 Rae Wee</p>
</div><p>LONDON/SINGAPORE, Jan 8 (Reuters) -</p>
<div class="lb-trans"><p>伦敦/新加坡，1 月 8 日（路透社）-</p>
</div><p>European defence stocks jumped to a record high and oil prices and the dollar both made ground on Thursday, as the rumbling geopolitical tensions from Venezuela to Greenland kept traders guessing.</p>
<div class="lb-trans"><p>欧洲防务股票跃升至历史新高，油价和美元在周四均有所上涨，因为从委内瑞拉到格林兰的地缘政治紧张局势让交易员们感到不安。</p>
</div><p>The</p>
<div class="lb-trans"><p>两艘与委内瑞拉相关的油轮在大西洋被</p>
</div><p>seizure</p>
<div class="lb-trans"><p>扣押</p>
</div><p>of two Venezuela-linked oil tankers in the Atlantic came alongside news U.S. Secretary of State Marco Rubio will</p>
<div class="lb-trans"><p>的消息与美国国务卿马尔科·鲁比奥将于下周与丹麦领导人会面讨论格林兰的消息同时传出，此外还有一些混合的经济数据。</p>
</div><p>meet Denmark’s leaders</p>
<p>to discuss Greenland next week, while there was some mixed economic data thrown in too.</p>
<p>Europe’s record high STOXX aerospace and defence stocks index (.SXPARO) jumped nearly 2% early on in a fifth straight day of gains that has already seen them surge 13% this year - and more than 260% since Russia’s 2022 invasion of Ukraine. (.EU)</p>
<div class="lb-trans"><p>欧洲创纪录的 STOXX 航空航天和防务股票指数（.SXPARO）在连续第五天上涨的早期上涨近 2%，今年以来已上涨 13%，自 2022 年俄罗斯入侵乌克兰以来上涨超过 260%。（.EU）</p>
</div><p>The euro (EUR=) , meanwhile, was on track for its eighth straight drop against the dollar, though mixed U.S. economic data on Wednesday was keeping the dollar bulls in check ahead of Friday’s closely watched non-farm payrolls report. (/FRX)</p>
<div class="lb-trans"><p>与此同时，欧元（EUR=）正朝着连续第八次对美元下跌的方向发展，尽管周三的美国经济数据混合，令美元多头在周五备受关注的非农就业报告前保持谨慎。（/FRX）</p>
</div><p>“What investors are realising is that the threat of geopolitics is not going away,” Peter McLean, Head of Multi-Asset Portfolio Solutions at Stonehage Fleming Investment Management, said.</p>
<div class="lb-trans"><p>“投资者意识到地缘政治的威胁不会消失，” Stonehage Fleming 投资管理公司的多资产投资组合解决方案负责人彼得·麦克林说。</p>
</div><p>“While it is unlikely we see military action in Greenland there is clearly an impetus to increase defence spending in Europe.”</p>
<div class="lb-trans"><p>“虽然我们不太可能在格林兰看到军事行动，但显然在欧洲增加国防支出是有动力的。”</p>
</div><p>Oil prices have slid this week on the prospect of higher Venezuelan crude output, though they recovered on Thursday, with Brent futures (LCOc1) clawing back above $60 a barrel and U.S. crude (CLc1) rising 0.5% to $56.30 a barrel,</p>
<div class="lb-trans"><p>本周油价因委内瑞拉原油产量上升的前景而下滑，但周四回升，布伦特原油期货（LCOc1）重新回到每桶 60 美元以上，美国原油（CLc1）上涨 0.5%，至每桶 56.30 美元，</p>
</div><p>Top U.S. officials said on Wednesday the country needs to control Venezuela’s oil sales and revenue indefinitely to stabilise the latter’s economy, rebuild its oil sector and ensure it acts in America’s interests.</p>
<div class="lb-trans"><p>美国高级官员周三表示，该国需要无限期控制委内瑞拉的石油销售和收入，以稳定该国经济，重建其石油部门，并确保其符合美国的利益。</p>
</div><p>“The market’s negative reaction to the Trump comments on controlling Venezuela’s oil looks a little misplaced,” said Daniel Hynes, ANZ’s senior commodity strategist.</p>
<div class="lb-trans"><p>“市场对特朗普关于控制委内瑞拉石油的评论的负面反应似乎有些不合时宜，” ANZ 的高级商品策略师丹尼尔·海恩斯说。</p>
</div><p>“U.S. control of oil sales could actually mean ongoing sanctions or restrictions remaining in place in the short term, which would be bullish for oil prices. I suspect that is why prices are recovering.”</p>
<div class="lb-trans"><p>“美国对石油销售的控制实际上可能意味着短期内继续实施制裁或限制，这将对油价形成支撑。我怀疑这就是价格回升的原因。”</p>
</div><p>Elsewhere, stocks mostly traded lower following a strong start to the New Year that lifted markets globally.</p>
<div class="lb-trans"><p>在其他方面，股票在新年强劲开局后大多下跌。</p>
</div><p>The broader pan-European STOXX 600 (.STOXX) was down 0.2%. Japan’s Nikkei (.N225) lost 1.6% overnight amid rising tensions with China (.T) and Wall Street futures (ESc1) (NQc1) eased 0.2%. (.N)</p>
<div class="lb-trans"><p>泛欧 STOXX 600 指数（.STOXX）下跌 0.2%。日本日经指数（.N225）在与中国紧张关系加剧的情况下下跌 1.6%，华尔街期货（ESc1）（NQc1）下跌 0.2%。（.N）</p>
</div><p>“It seems the Asian markets are just taking a breather after a strong start to 2026,” said Charu Chanana, chief investment strategist at Saxo.</p>
<div class="lb-trans"><p>“看起来亚洲市场在 2026 年强劲开局后只是稍作喘息，” Saxo 的首席投资策略师查鲁·查纳纳说。</p>
</div><p>“Geopolitical headlines are in the driver’s seat,” Chanana said, pointing to China’s dual-use export ban to Japan, and talk of potential rare earth risk.</p>
<div class="lb-trans"><p>“地缘政治头条在主导市场，” 查纳纳说，指的是中国对日本的双用途出口禁令，以及关于潜在稀土风险的讨论。</p>
</div><p>Shares in Japanese chemical manufacturers had fallen in Tokyo although those of their Chinese rivals jumped after China’s commerce ministry said it was launching an anti-dumping probe into imports of chemicals used in chipmaking.</p>
<div class="lb-trans"><p>日本化工制造商的股票在东京下跌，而中国竞争对手的股票在中国商务部表示将对用于芯片制造的化学品进口启动反倾销调查后上涨。</p>
</div><h3>PAYROLLS UP NEXT</h3>
<div class="lb-trans"><h3>非农就业数据即将发布</h3>
</div><p>Geopolitics aside, investors also had their eye on the U.S. weekly initial jobless claims coming later and the intensely watched non-farm payrolls jobs report due on Friday, which could provide further clarity on the Federal Reserve’s rate outlook.</p>
<div class="lb-trans"><p>撇开地缘政治，投资者还关注即将发布的美国每周初请失业金人数，以及周五备受关注的非农就业报告，这可能为美联储的利率前景提供进一步的清晰度。</p>
</div><p>Analysts at Goldman Sachs said they are forecasting an above-consensus 70,000 rise in nonfarm payrolls in December, while expecting the unemployment rate to edge down to 4.5%.</p>
<div class="lb-trans"><p>高盛的分析师表示，他们预计 12 月份非农就业人数将增加超过预期的 70,000，而失业率预计将小幅下降至 4.5%。</p>
</div><p>Wednesday’s slew of data had painted a mixed picture with JOLTS labour market figures bolstering the “no hire, no fire” view on the jobs market, while ISM services index for December hit a reassuringly-robust 14-month high.</p>
<div class="lb-trans"><p>周三发布的一系列数据描绘了一个混合的图景，JOLTS 劳动力市场数据支持了 “无招聘，无解雇” 的就业市场观点，而 12 月份的 ISM 服务指数则达到了令人安心的 14 个月高点。</p>
</div><p>The readings did little to alter market expectations of two more Fed cuts this year (0#USDIRPR) . Ten-year Treasury yields (US10YT=RR) were muted at 4.15% and Germany’s 10-year bund yields were at 2.8% (DE10YT=RR) , still down over 7 bps this week.</p>
<div class="lb-trans"><p>这些数据对市场对美联储今年再降息两次的预期几乎没有影响（0#USDIRPR）。十年期国债收益率（US10YT=RR）保持在 4.15%，德国十年期国债收益率为 2.8%（DE10YT=RR），本周仍下降超过 7 个基点。</p>
</div><p>Back in the currency markets, sterling (GBP=) last bought $1.3458, Japan’s yen (JPY=) rose slightly to 156.67 per dollar.</p>
<div class="lb-trans"><p>回到货币市场，英镑（GBP=）最后以 1.3458 美元成交，日本日元（JPY=）小幅上涨至每美元 156.67。</p>
</div><p>Safe-haven gold (XAU=) dipped 0.5% to $4,420 an ounce and silver (XAG=) and platinum (XPT=) dropped 2.6% and 3.2% respectively after their recent surges. (GOL/)</p>
<div class="lb-trans"><p>避险金属黄金（XAU=）下跌 0.5%，至每盎司 4,420 美元，白银（XAG=）和铂金（XPT=）分别下跌 2.6% 和 3.2%，此前它们曾大幅上涨。（GOL/）</p>
</div><p>“One of the big risk factors this year is the direction of bond yields,” Stonehage Fleming’s McLean said. “If the 10-year Treasury yield does fall below 4 and then fall further I think that would be a real positive.”</p>
<div class="lb-trans"><p>“今年一个主要的风险因素是债券收益率的方向，” Stonehage Fleming 的麦克林说。“如果十年期国债收益率跌破 4 并进一步下跌，我认为这将是一个真正的积极信号。”</p>
</div><p>Up, up and away</p>
<div class="lb-trans"><p>上涨，飞翔</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://reut.rs/4ocnoIx" alt="" original-src="https://reut.rs/4ocnoIx"/></p>

全球市场——由于地缘政治的影响，欧洲防务股创下历史新高，美元上涨