新西兰10年期国债 (NewZealand10Y) 加自选

新西兰财政部长尼古拉·威利斯敦促新西兰储备银行（RBNZ）增加利率决策的频率，结束为期12周的暑假，称“会议间隔时间很长”。她告诉彭博新闻社，“英格兰、加拿大、澳大利亚和美国的央行休息时间更短，会议更频繁”，并表示她认为RBNZ应该恢复每年八次会议。央行目前每年举行七次利率制定会议，比全球同行少，尚未回应置评请求。自2016年以来，它在11月至2月期间跳过了一项决定。财政部根据《官方信息法》发布的建议支持了Willis的担忧，指出新西兰储备银行的长期休假是不寻常的，“更频繁的决定将使银行能够应对经济变化。”财政部表示，Willis可以直接向新西兰储备银行领导层提出这个问题，并表示愿意提供协助。

New Zealand Finance Minister Nicola Willis urges the Reserve Bank of New Zealand (RBNZ) to increase the frequency of its rate decisions and end its 12-week summer break, calling it “a long time to go between meetings.” She told Bloomberg News that “the central banks of England, Canada, Australia, and the U.S. have shorter breaks and meet more frequently,” and said she believes the RBNZ should return to eight meetings a year. The central bank currently holds seven rate-setting meetings annually—fewer than its global peers—and has not responded to the request for comment. Since 2016, it has skipped a decision between November and February. Treasury advice released under the Official Information Act supported Willis’ concern, noting the RBNZ’s long break is unusual and that “more frequent decisions would allow the Bank to respond to changes in the economy.” Treasury said Willis could raise the issue directly with RBNZ leadership and offered to assist.

周二早盘交易中，新西兰元50指数几乎持平，交易价格在12541左右，此前连续第二天下跌，因为非必需消费品、房地产和金融类股的上涨抵消了消费必需品、科技行业和能源的下跌。在缺乏新的催化剂和中美之间正在进行的贸易谈判的情况下，交易员仍然保持谨慎。交易员继续关注事态发展，因为华盛顿和北京将于周二恢复贸易谈判。投资者还继续评估新西兰最大贸易伙伴周一的数据，此前消费者和生产者价格以及贸易数据令人失望。在美国，华尔街收盘上涨，这得益于中美在伦敦开始贸易谈判后缓解贸易紧张局势的希望。Ebos Group上涨0.4%，F&C Investment Trust上涨0.3%，Mercury NZ上涨0.7%，而Fisher&Paykel和Briscoe Group各下跌0.9%，Colonial Motor下跌1.2%。

The NZX 50 was almost flat in early deals on Tuesday, trading around 12,541, after falling for the second straight day as gains in consumer discretionary, real estate, and financials offset falls in consumer staples, the tech sector, and energy. Traders remained cautious amid the lack of a new catalyst and ongoing trade talks between the US and China. Traders continued to monitor developments, as Washington and Beijing were set to resume trade talks on Tuesday. Investors also continued to assess Monday's data from New Zealand's top trading partner, following disappointing figures for consumer and producer prices as well as trade data. In the US, Wall Street closed in the green, buoyed by hopes of easing trade tensions following the start of trade talks between the US and China in London. Ebos Group rose 0.4%, F&C Investment Trust gained 0.3%, Mercury NZ increased 0.7%, while Fisher & Paykel and Briscoe Group fell by 0.9% each, and Colonial Motor dropped 1.2%.

标准普尔/新西兰50指数周一收于12539点，下跌0.2%，延续了前一交易日的跌幅，尽管有迹象表明全球贸易紧张局势有所缓解，但投资者仍保持谨慎。上周，美国总统唐纳德·特朗普和中国习近平主席进行了密切关注的通话，两国官员定于周一晚些时候恢复贸易谈判。中国最新数据显示，持续的通缩压力加剧了看跌情绪，消费者价格连续第四个月下跌，生产者价格创下近两年来最大跌幅。鉴于中国作为主要贸易伙伴的作用，这给新西兰出口带来了风险。在主要股票中，排名靠后的包括斐雪派克（-1.1%）、Infratil（-1%）、Contact Energy（-0.9%）和Fletcher Building（-1.6%）。

The S&P/NZX 50 Index closed 0.2% lower at 12,539 on Monday, extending losses from the previous session as investors remained cautious despite signs of easing global trade tensions. Following a closely watched call between US President Donald Trump and Chinese President Xi Jinping last week, officials from both countries are set to resume trade talks later on Monday. Adding to the bearish sentiment, fresh Chinese data revealed persistent deflationary pressures, with consumer prices falling for a fourth consecutive month and producer prices recording their steepest decline in nearly two years. This poses risks to Kiwi exports, given China’s role as a key trading partner. Among key stocks, top laggards included Fisher & Paykel (-1.1%), Infratil (-1%), Contact Energy (-0.9%), and Fletcher Building (-1.6%).

受全球贸易紧张局势缓解的乐观情绪支撑，新西兰元周一升至0.604美元左右，回升至上周达到的八个月高点。唐纳德·特朗普总统表示，财政部长斯科特·贝森特和其他两名官员将于周一在伦敦与中国同行会面，以重启贸易谈判。与此同时，中国最新数据显示，通货紧缩压力持续存在，消费者价格连续第四个月下跌，生产者价格创下近两年来最大跌幅。考虑到中国作为主要贸易伙伴的作用，这给澳大利亚货币带来了一些下行压力。在国内方面，储备银行最近将利率下调25个基点至3.25%。然而，5月份的决定表明，宽松周期可能即将结束。市场现在预计新西兰储备银行将在7月份保持利率稳定，同时考虑到8月份最终降息的可能性。

The New Zealand dollar rose to around $0.604 on Monday, climbing back toward the eight-month high reached last week, supported by optimism over easing global trade tensions. President Donald Trump said Treasury Secretary Scott Bessent and two other officials will meet with Chinese counterparts in London on Monday for renewed trade talks. Meanwhile, fresh Chinese data revealed persistent deflationary pressures, with consumer prices falling for a fourth consecutive month and producer prices recording their steepest decline in nearly two years. This placed some downward pressure on the antipodean currency, given China’s role as a key trading partner. On the domestic front, the Reserve Bank recently cut rates by 25 basis points to 3.25%. However, the May decision suggests the easing cycle may be nearing its end. Markets now expect the RBNZ to hold rates steady in July, while pricing in the likelihood of a final cut in August.