新西兰10年期国债 (NewZealand10Y) 加自选

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.

周一早盘，新西兰元50指数上涨16点，涨幅0.1%，至11825点，结束了上月的下跌。此前，周五华尔街股市表现乐观，得益于美国稳健的就业数据和缓解美中贸易紧张局势的希望。美国和中国的高级贸易谈判代表将于周一在伦敦举行新的会谈，这增加了人们对缓解中国在稀土矿主导地位的紧张局势的希望。然而，由于交易员预计中国CPI和PPI以及5月份的贸易数据，涨幅受到限制。由于进一步的通货紧缩风险和贸易关税的不确定性，这些数据将于今天公布。非必需消费品、能源和房地产板块主要上涨，Genesis energy（1.1%）、Henderson Far East Income（1.0%）、Seeka Ltd（0.8%）、Ebos Group（0.4%）和Ryman Healthcare（0.4%）涨幅显著。

The NZX 50 rose 16 points, or 0.1%, to 11,825 in morning trade on Monday, halting losses from the previous month. This followed an upbeat session on Wall Street Friday, boosted by solid US jobs data and hopes of easing trade tensions between the US and China. Top trade negotiators from the US and China are set to hold fresh talks in London on Monday, raising hopes of easing tensions over Chinese dominance in rare-earth minerals. However, gains were capped as traders anticipated Chinese CPI and PPI, as well as trade data for May, which will be released today amid further risk deflation and uncertainty over trade tariffs. Consumer discretionary, energy, and real estate sectors were mainly higher, with notable gains from Genesis Energy (1.1%), Henderson Far East Income (1.0%), Seeka Ltd (0.8%), Ebos Group (0.4%), and Ryman Healthcare (0.4%).

新西兰第一季度制造业销售额从之前的1.1%增长到2.4%。新西兰第一季度制造业销售额从之前的1.1%增长到2.4%

New Zealand Manufacturing Sales increased to 2.4% in 1Q from previous 1.1%.New Zealand Manufacturing Sales increased to 2.4% in 1Q from previous 1.1%