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More Market Volatility Expected Amid Ukraine Crisis

烏克蘭危機重創股市

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More Market Volatility Expected Amid Ukraine Crisis
原油價格飆升
Geopolitical worries have further increased volatility in an already erratic market as investors take into account the rising tensions between Russia and Ukraine.
俄羅斯和烏克蘭間的局勢日益緊張,地緣政治的擔憂使得原本已不穩定的市場波動性加劇。
geopolitics(n.)地緣政治geopolitical(adj.)地緣政治的erratic(adj.)變幻莫測的、難以預料的、不規律的、心律不整的、喜怒無常的unpredictable(adj.)難以預測的take…into account把…列入考量=take…into consideration=factor in…
The announcement by US national security advisor Jake Sullivan that an invasion could occur “at any time” prompted a stock market sell-off on Friday, February 11.
美國國家安全顧問蘇利文宣布,俄國可能「隨時」入侵,促使股市在2月11日星期五出現拋售。
national security advisor 國家安全顧問invasion(n.)(軍事)入侵;侵略;侵犯prompt(v.)引起;導致;激起=causesell-off(n.)(股票等的)拋售、賤賣、低價賣出
Reports of escalating conflict between the two countries have battered the stock market and hiked up prices for Treasurys, the dollar and other safe-haven assets.
有關兩國衝突升級的報導重創股市,並推高了美國國債、美元和其他避險資產的價格。
escalate(v.)(使)加劇、(使)惡化=worsenescalator(n.)手扶梯bat(n.)球棒batter(v.)接連猛打、(引申)打擊=hit=impacthike up 上調、提高(價格等)Treasury(n.)美國財政部、國債safe haven assets避險資產haven(n.)安全的地方;和平之地
“The market is reacting because an actual invasion has not yet been priced in,” said Michael Farr of Farr, Miller and Washington LLC. “The severity of an invasion, if one occurs, will correlate to the severity of the market’s reaction.”
資產管理公司Farr, Miller & Washington的總裁Michael Farr表示:「市場還在反應,因為實際的入侵還沒有反映在股價上。」「若發生入侵,入侵嚴重程度將與市場反應的嚴重程度呈現正相關。」
price in sth.反映在價格上severe(adj.)非常嚴重的;劇烈的;慘重的a severe food shortage 嚴重的糧食短缺severity(n.)嚴重性;嚴重的程度
At the end of the day, the S&P 500 index was off nearly 1.9%, while the tech-heavy Nasdaq closed down around 2.8%.
當天收盤時,標準普爾500指數下跌近1.9%,而以科技股為主的納斯達克指數收盤下跌約2.8%。
close down收盤下跌
The moves followed weakness on Thursday which was sparked by speculation that the Fed will take hawkish action against surging inflation.
週四的走勢疲軟,這是由於對美聯儲將採取鷹派行動應對通膨飆升的猜測引發的。
weakness(n.)走弱;走勢疲軟spark(v.)引發;引起=promptspeculation(n.)猜測;揣測hawk(n.)(主張採取強硬政治路線的)鷹派人物hawkish(adj.)鷹派的dove(n.)鴿派;溫和派dovish(adj.)鴿派的;溫和派的a dovish politician鴿派政治人物surging (=soaring) inflation飆升的通膨
For its second straight session, the Cboe Volatility Index was up, hitting its highest point since the end of January.
芝加哥期權交易所波動率指數連續第二個交易日上漲,觸及1月底以來的最高水平。
the Cboe Volatility Index芝加哥期權交易所波動率指數Chicago Board Options Exchange芝加哥期權交易所
Crude oil has already shot up to seven-year highs amid the Ukraine crisis. “By pushing energy prices even higher, a Russian invasion would likely exacerbate inflation and redouble pressure on the Fed to raise interest rates,” said Bill Adams, Chief Economist for Comerica Bank.
在烏克蘭危機期間,原油價格已經飆升至7年高位。美國聯信銀行首席經濟學家亞當斯表示:「俄羅斯的入侵可能進一步推高能源價格,加劇通貨膨脹,並增加美聯儲升息的壓力。」
crude oil原油refined oil精煉過的石油shoot up飆升=surge=soarexacerbate(v.)使惡化、使加重、使加劇=escalate=make sth. worse=worsen
Looking from the Fed’s perspective, he added, “The inflationary effects of a Russian invasion and higher energy prices would likely outweigh the shock’s negative implications for global growth.”
從美聯儲的角度來看,他補充說:「俄羅斯入侵和能源價格上漲的通膨影響可能會超過衝擊對全球成長的負面影響。」
Looking…=As he looked…from…perspective=from…angle=from…point of viewinflationary(adj.)通貨膨脹的outweigh(v.)比…更重要;重於;大於implication(n.)可能的影響;可能的後果=consequence
Despite market fluctuations, some investors were doubtful whether a more serious conflict would drag broader markets over the longer term.
儘管市場出現波動,但一些投資者懷疑長期下來衝突加劇是否會拖累大盤。
fluctuation(n.)波動doubtful(adj.)懷疑的;有疑慮的=skepticalover the longer term=in the long run
Thomas Hayes, managing member at Great Hill Capital LLC in New York, believes that worries over the conflict will “create volatility until people verify it’s true.” He says that we can only wait and see how the situation plays out, and whether or not international leadership can bring the conflict to a close.
紐約對沖基金Great Hill Capital LLC管理成員海耶斯認為,對衝突的擔憂將「造成波動,直到擔憂成真」。他說,我們只能拭目以待,觀察局勢如何發展,以及國際領導人能否結束這場衝突。
verify(v.)證明;證實play out發生;發展bring…to a close=bring…to an end結束

📚 重點單字片語

volatility(n.)(
局勢)動盪;不穩定、(金融)波動性
amid(prep.)
在…之中、在…當下=in the middle of=in the midst of
geopolitics(n.)
地緣政治
geopolitical(adj.)
地緣政治的
erratic(adj.)
變幻莫測的、難以預料的、不規律的、心律不整的、喜怒無常的
unpredictable(adj.)
難以預測的
take…into account
把…列入考量=take…into consideration=factor in…
national security advisor
國家安全顧問
invasion(n.)(
軍事)入侵;侵略;侵犯
prompt(v.)
引起;導致;激起=cause
sell-off(n.)(
股票等的)拋售、賤賣、低價賣出
escalate(v.)(
使)加劇、(使)惡化=worsen
escalator(n.)
手扶梯
bat(n.)
球棒
batter(v.)
接連猛打、(引申)打擊=hit=impact
hike up
上調、提高(價格等)
Treasury(n.)
美國財政部、國債
safe haven assets
避險資產
haven(n.)
安全的地方;和平之地
price in sth.
反映在價格上
severe(adj.)
非常嚴重的;劇烈的;慘重的
a severe food shortage
嚴重的糧食短缺
severity(n.)
嚴重性;嚴重的程度
close down
收盤下跌
weakness(n.)
走弱;走勢疲軟
spark(v.)
引發;引起=prompt
speculation(n.)
猜測;揣測
hawk(n.)(
主張採取強硬政治路線的)鷹派人物
hawkish(adj.)
鷹派的
dove(n.)
鴿派;溫和派
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