英國走出衰退，富時 100 指數創下新高

受強於預期的 0.6% GDP 成長推動，富時 100 指數再創歷史新高，這標誌著英國擺脫了衰退。正面的 GDP 數據以及該指數先前創下的收盤紀錄，提振了市場信心。英國航空母公司 IAG 和房地產入口網站 Rightmove 發布了業績報告，S4 Capital 報告稱，由於全球經濟狀況，廣告收入下降。 Quilter Cheviot 的 Richard Carter 預計英國經濟停滯將結束並恢復穩定成長，而隨著降息的希望，富時 100 指數預計將開盤走高。

FTSE 100 at Record Highs as UK Exits Recession

英國擺脫衰退，富時 100 指數創歷史新高

London, May 10, 2023 – The FTSE 100 index surged to a fresh record high today, bolstered by a robust GDP figure that signaled the UK's exit from recession.

倫敦，2023 年 5 月 10 日—今天，在預示英國擺脫衰退的強勁 GDP 數據的推動下，富時 100 指數飆升至歷史新高。

GDP Beats Expectations

GDP超乎預期

The Office for National Statistics (ONS) reported a 0.6% growth in the first quarter of 2023, surpassing economists' expectations of 0.4%. This marks the end of a two-quarter contraction, the technical definition of a recession.

英國國家統計局 (ONS) 報告稱，2023 年第一季經濟成長 0.6%，超過經濟學家 0.4% 的預期。這標誌著兩個季度收縮的結束，這是經濟衰退的技術定義。

The ONS highlighted broad-based strength across the services sector, particularly in retail, public transport, and healthcare. Manufacturing, led by car production, also contributed to the positive growth. Construction remained the only sector to struggle, experiencing another weak quarter.

英國國家統計局強調了整個服務業的廣泛實力，特別是在零售、公共交通和醫療保健領域。以汽車生產為首的製造業也為正成長做出了貢獻。建築業仍然是唯一陷入困境的行業，又經歷了一個疲軟的季度。

Corporate Updates

公司動態

IAG, the parent company of British Airways, released its financial results today, showing mixed performance. While revenue increased, rising fuel costs and weak passenger demand in Asia weighed on the company's bottom line.

英國航空母公司 IAG 今天發布了財務業績，業績好壞參半。儘管收入有所增長，但燃料成本上漲和亞洲客運需求疲軟給公司的利潤帶來了壓力。

Rightmove, the property portal, reported a surge in revenue and profits, attributed to increased home sales and rentals. The company expects the favorable market conditions to continue in the coming months.

房地產門戶網站 Rightmove 報告稱，由於房屋銷售和租金增加，收入和利潤大幅增加。該公司預計有利的市場狀況將在未來幾個月持續。

Market Outlook

市場展望

Analysts anticipate the FTSE 100 to maintain its upward trajectory, with IG Index forecasting a 0.5% or 39-point gain at the open. Market sentiment has been boosted by hopes of an interest rate cut by the US Federal Reserve, which would support global economic growth.

分析師預期 FTSE 100 指數將維持上行趨勢，IG 指數預計開盤將上漲 0.5%，即 39 點。聯準會降息的希望提振了市場情緒，這將支持全球經濟成長。

Rate Cut Speculation

降息猜測

Traders in the UK are pricing in the possibility of a June rate cut by the Bank of England if April's inflation and wage data provide favorable conditions. The pound traded above $1.25 this morning, supported by expectations of lower interest rates.

如果四月的通膨和薪資數據提供有利條件，英國交易員預期英國央行六月降息的可能性。受降息預期的支撐，英鎊今早交投於 1.25 美元上方。

Regulatory Scrutiny

監管審查

The Financial Conduct Authority (FCA) has come under fire from Chancellor Jeremy Hunt for its plan to "name and shame" companies under investigation for malfeasance. Hunt argues that such measures could harm the UK stock market. However, the FCA maintains that increased transparency will strengthen London's financial sector and attract investors.

英國金融行為監管局（FCA）因計劃「點名羞辱」因瀆職調查的公司而受到英國財政大臣傑里米·亨特的批評。亨特認為，此類措施可能損害英國股市。然而，英國金融行為監理局堅稱，提高透明度將加強倫敦金融業並吸引投資者。

Market Commentary

市場評論

Richard Carter, head of fixed interest research at Quilter Cheviot, expressed optimism about the UK's economic prospects. He believes that the end of the recession and potential rate cuts will foster steady growth in the coming months.

Quilter Cheviot固定利率研究主管理查德·卡特(Richard Carter)對英國經濟前景表示樂觀。他認為，經濟衰退的結束和潛在的降息將在未來幾個月促進穩定成長。

International Markets

國際市場

US stocks closed higher yesterday, extending their rally into a seventh consecutive session. The Dow Jones Industrial Average and the S&P 500 index both gained, boosted by a weak jobs report that raised expectations of earlier rate cuts.

美股昨收高，連續第七個交易日上漲。道瓊工業平均指數和標準普爾 500 指數雙雙上漲，因疲軟的就業報告提高了人們對早期降息的預期。

In Asia, markets are mixed today, with the Nikkei 225 index retreating while the Hang Seng Index advances slightly. European markets are expected to open higher, following the positive lead from the US.

今天亞洲市場漲跌互現，日經 225 指數下跌，恆生指數小幅上漲。在美國的積極帶動下，歐洲市場預計將開盤走高。

Conclusion

結論

The FTSE 100's ascent to record highs, coupled with the UK's exit from recession, paints a positive picture for the country's economy. However, market participants remain cautious about the impact of geopolitical events and the potential for further interest rate hikes globally. Nonetheless, the current momentum suggests that the FTSE 100 is well-positioned to continue its upward trajectory in the near term.

富時 100 指數升至歷史新高，加上英國擺脫衰退，為該國經濟描繪了一幅正面的圖景。不過，市場參與者對地緣政治事件的影響以及全球進一步升息的可能性仍持謹慎態度。儘管如此，目前的勢頭表明富時 100 指數處於有利位置，可以在短期內繼續其上行軌跡。