鲍威尔的部分分析允许市场考虑不那么鹰派的解释。美联储昨日连续第三次会议将政策利率下调25个基点，至3.5%-3.75%。美联储仍需在劳动力市场疲软与通胀略有上升之间取得平衡。

Part of Powell's Analysis Allows Market to Consider a Less Hawkish Interpretation.The Fed cut its policy rate for the third consecutive meeting by 25 bps yesterday to 3.5%-3.75%. The Fed still has to balance a weakening labour market against somewhat elevated inflation.

高盛认为卢比接近转折点，但警告称贸易不确定性可能决定下一步行动。高盛（Goldman Sachs）认为，卢比兑美元汇率突破90后接近转折点，但警告称，贸易不确定性和外部账户压力可能决定其下一步走势。尽管基本面仍强于过去的压力事件，但该货币的近期走势取决于美印关税谈判和资本流动复苏。

Goldman Sachs sees rupee nearing a turning point, but warns trade uncertainty could dictate the next move.Goldman Sachs sees the rupee nearing a turning point after breaching 90 against the dollar, but warns that trade uncertainty and external account pressures could dictate its next move. While fundamentals remain stronger than past stress episodes, the currency's near-term trajectory hinges on U.S.–India tariff negotiations and capital flow recovery.

天然气和石油预测：欧佩克产量上升和趋势线突破挑战看涨前景。欧佩克供应增长和关键趋势线突破对天然气和石油价格构成压力，随着交易员评估市场势头的变化，增加了下行风险。

Natural Gas and Oil Forecast: Rising OPEC Output and Trendline Breaks Challenge Bullish Outlook.OPEC supply growth and key trendline breaks pressure natural gas and oil prices, raising downside risks as traders assess shifting market momentum.

原油–2025年12月11日。油价昨日成功触及57.60-80的目标，引发反弹。当价格跌破57.50时，可能会守住这个交易区，更有可能跌至56.00和54.80。

Crude Oil – 11.12.2025.Oil managed to hit the target of 57.60-80 yesterday which caused a rebound. Prices could hold this trading zone while below 57.50, more threat for a drop toward 56.00 and 54.80 is likely.