{"id":6277,"date":"2026-07-14T10:49:21","date_gmt":"2026-07-14T02:49:21","guid":{"rendered":"https:\/\/www.bis.hk\/?p=6277"},"modified":"2026-07-14T10:49:21","modified_gmt":"2026-07-14T02:49:21","slug":"not-all-real-assets-are-equal","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/not-all-real-assets-are-equal\/","title":{"rendered":"Not all \u2018Real Assets\u2019 are equal"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> Not all \u2018Real Assets\u2019 are equal \u2013&nbsp;<a href=\"https:\/\/www.bis.hk\/PDF\/2026-07-13_chart.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Chart of the week<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Market Place \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2026-07-13_marketplace.pdf\" data-type=\"link\" data-id=\"https:\/\/www.bis.hk\/PDF\/2026-02-09_marketplace.pdf\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Markets shifted from anticipating imminent Fed easing toward a &#8220;higher-for-longer&#8221; interest-rate outlook, supporting the US dollar and Treasury yields.&nbsp; &nbsp;<\/li>\n\n\n\n<li>Investors viewed policy stability and infrastructure-led growth initiatives as supportive for medium-term UK investment sentiment.&nbsp;<\/li>\n\n\n\n<li>The ECB&#8217;s policy path remained driven by inflation data, while structural concerns over European growth persisted.&nbsp;<\/li>\n\n\n\n<li>Global financial markets became increasingly driven by central bank expectations rather than geopolitical shocks, supporting broader risk appetite.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The week was dominated by macroeconomic fundamentals, with markets focusing on the Federal Reserve&#8217;s June meeting minutes, which reinforced expectations of higher US interest rates for longer. Investors grew more confident that global growth was slowing gradually rather than weakening sharply, supporting equity markets despite higher bond yields. <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/not-all-real-assets-are-equal\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":5119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-6277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-47"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=6277"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6277\/revisions"}],"predecessor-version":[{"id":6280,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6277\/revisions\/6280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/5119"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=6277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=6277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=6277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}