现货黄金 (Gold) 加自选

标准普尔/澳交所200指数周三上涨0.7%，收于8756点，创下历史新高，结束了连续四个交易日的下跌，主要银行在疲软的通胀数据提振了对澳大利亚储备银行8月份降息的押注后上涨。澳大利亚第二季度的整体通胀率从2.4%降至2.1%，略低于2.2%的预测，而澳大利亚储备银行首选的削减平均指标从2.9%降至2.7%，保持在2-3%的目标区间内。通胀疲软，加上最近劳动力市场疲软，导致市场完全消化了8月份降息25个基点的预期，并预计到年底利率将降至3.1%。与此同时，由于美国商务部长卢特尼克排除了任何推迟特朗普周五关税最后期限的可能性，而与中国的单独贸易谈判也没有取得进展，谨慎态度依然存在。在企业方面，金融股上涨1.4%，四大银行上涨1%至1.6%，这得益于对较低利率将提振信贷需求和盈利能力的乐观情绪。房地产股也上涨1.2%，URW领涨（0.7%）。

The S&P/ASX 200 climbed 0.7% to a fresh record close of 8,756 on Wednesday, ending its four-session losing streak, driven by gains in major banks after soft inflation data boosted bets of an RBA rate cut in August. Australia’s headline inflation eased to 2.1% in Q2 from 2.4%, slightly below the 2.2% forecast, while the RBA’s preferred trimmed mean measure slowed to 2.7% from 2.9%, staying within the 2–3% target band. The soft inflation print, alongside recent labor market weakness, led markets to fully price in a 25bps rate cut in August and expect rates to fall to 3.1% by year-end. Meanwhile, caution lingered as US Commerce Secretary Lutnick ruled out any delay to Trump’s Friday tariff deadline, while separate trade talks with China ended without progress. On the corporate side, financials jumped 1.4%, with the Big Four banks up 1% to 1.6%, supported by optimism that lower rates will boost credit demand and profitability. Real estate stocks also advanced 1.2%, led by URW (0.7%).

中国宣布加强财政支持计划，澳元保持稳定。周三，澳元（AUD）兑美元（USD）持稳，结束了连续四天的下跌。澳大利亚公布消费者通胀数据后，澳元/美元汇率保持不变。

Australian Dollar holds steady as China announces plans to boost fiscal support.The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Wednesday, halting its four-day losing streak. The AUD/USD pair maintains its position following the release of consumer inflation data from Australia.

澳大利亚2025年第二季度CPI错过刺激澳大利亚储备银行降息预期后澳元暴跌。澳大利亚的整体通胀率在第二季度降至四年多来的最低点，加强了澳大利亚储备银行对本月降息的预期。以下是澳元对的反应。

AUD Tumbles After Australia's Q2 2025 CPI Miss Spurred RBA Rate Cut Expectations.Australia's headline inflation rate fell to its lowest point in over four years during the second quarter, strengthening RBA rate cut expectations for the month. Here's how AUD pairs reacted.

澳大利亚10年期政府债券收益率降至4.27%，接近三周低点，此前一份令人惊讶的温和通胀报告增强了人们对下个月降息的预期。总体通胀率从上一季度的2.4%降至第二季度的2.1%，略低于2.2%的预测。更重要的是，通胀的“修整均值”指标——储备银行首选的基础价格压力指标——从2.9%降至2.7%，标志着在央行2-3%的目标区间内取得了进一步进展。在通胀印刷之前，就业报告疲软，这显示了劳动力市场明显疲软的第一个明显迹象。市场目前预计，在8月份的澳大利亚储备银行下次会议上，降息25个基点的可能性接近100%，预计到年底利率将降至3.10%。

Australia’s 10-year government bond yield dropped to 4.27%, approaching a three-week low, after a surprisingly benign inflation report strengthened expectations of an interest rate cut next month. Headline inflation eased to 2.1% in the second quarter, from 2.4% in the previous period and slightly below the forecast of 2.2%. More significantly, the "trimmed mean" measure of inflation—the Reserve Bank’s preferred gauge of underlying price pressures—slowed to 2.7% from 2.9%, marking further progress within the central bank’s 2–3% target band. The inflation print follows a weak jobs report, which showed the first clear sign of softening in what has been a notably resilient labor market. Markets are now pricing in a near 100% probability of a 25bps cut at the RBA’s next meeting in August, with rates expected to fall to 3.10% by year-end.