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    June 10

    キ-ワ-ドは金利

    外国為替証拠金取引が好調だ。日本の低金利と世界の金利先高感を背景に日本の投資家が高金利通貨を買いまくっているという。年金問題にからむ将来的な受給不安も駆り立てているのであろう。

    一方、商品先物は金利上昇は良くない。大口投機家もしばらくは買いは手控えると見られ、投機的魅力は短期的に少なくなった。しかし資源価格がここが天井ではない。将来的な需給逼迫、世界的好景気からいずれ資金は回帰してくると思う。

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