英镑/澳元 (GBPAUD) 加自选

ASX200指数降至8808.00点，为2025年9月以来的最低水平。在过去的4周里，澳大利亚股市指数（AU200）下跌了1.98%，在过去的12个月里上涨了7.9%。

ASX200 decreased to 8808.00 Index Points, the lowest since September 2025. Over the past 4 weeks, Australia Stock Market Index (AU200) lost 1.98%, and in the last 12 months, it increased 7.9%.

英国央行本周可能放缓降息周期。英格兰银行周四似乎可能会保持利率不变，自去年开始放松政策以来首次放缓降息步伐，尽管一些分析师现在确实预计，在通胀和工资数据疲软后，利率会下降。

Bank of England likely to slow rate-cut cycle this week.The Bank of England looks likely to keep interest rates on hold on Thursday, slowing its pace of cuts for the first time since it started to loosen policy last year, although some analysts do now expect a reduction after softer inflation and wage data.

标准普尔全球澳大利亚制造业采购经理人指数从9月份的51.4降至2025年10月的49.7，证实了今年工厂活动的首次收缩。经济衰退是由需求疲软推动的，在市场状况疲软和客户库存充足的报告中，新订单以十个月来最快的速度下降。出口需求也有所下降，尤其是来自其他亚太市场的需求。新工作疲软导致就业人数八个月来首次减少，而商品生产商则削减了采购活动。在成本方面，尽管投入成本以六个月来最快的速度增长，但销售价格通胀有所缓和。尽管如此，商业信心仍然乐观，未来产出指数保持在50.0以上。

The S&P Global Australia Manufacturing PMI dropped to 49.7 in October 2025 from 51.4 in September, confirming the first contraction in factory activity this year. The downturn was driven by weakening demand, with new orders declining at the fastest pace in ten months amid reports of softer market conditions and sufficient client inventories. Export demand also fell, particularly from other Asia-Pacific markets. Weaker new work led to the first reduction in employment in eight months, while goods producers cut back on their purchasing activity. On the cost front, selling price inflation moderated even as input costs rose at the sharpest rate in six months. Nonetheless, business confidence remained upbeat, with the Future Output Index staying above the 50.0 threshold.

10月份澳大利亚私人通胀指标同比上涨3.1%（之前为3.0%）。虽然这一增长幅度不大，但它加强了澳大利亚储备银行对政策宽松的谨慎立场，官员们可能会在考虑进一步降息之前，进一步确认潜在通胀正在可持续地回落到目标范围内。这一结果也与州长米歇尔·布洛克最近发出的信号相吻合，即在服务和商品通胀喜忧参半的情况下，回归目标的道路可能是渐进的。

Australia private inflation indicator higher at 3.1% y/y in October (prior 3.0%).While the uptick is modest, it reinforces the RBA's cautious stance on policy easing, with officials likely to seek further confirmation that underlying inflation is sustainably moving back within target before considering additional rate cuts. The result also aligns with recent signals from Governor Michele Bullock that that the path back to target could be gradual amid mixed readings across services and goods inflation.