Deere & Co (DE) 加自选

白银上涨至36.90美元/吨盎司的13年高点。在过去的4周里，白银上涨了13.86%，在过去的12个月里，它上涨了24.76%。

Silver increased to a 13-year high of 36.90 USD/t.oz. Over the past 4 weeks, Silver gained 13.86%, and in the last 12 months, it increased 24.76%.

在截至2025年5月的三个月内，香港经季节性调整的失业率从上一时期的3.4%小幅上升至3.5%，达到2022年12月以来的最高水平。这一增长是由于外部不确定性和消费模式变化导致的行业持续调整。失业人数增加6400人，达到135800人，而总就业人数下降12400人，达到366万人。大多数主要行业的失业率都有所上升，建筑、零售和房地产的失业率上升幅度更大。5月份青年失业率（20-29岁）保持不变，为6.5%。与此同时，劳动力参与率从56.8%小幅降至56.7%。展望未来，应届毕业生和离校生的到来可能会给就业市场带来进一步的压力。

Hong Kong’s seasonally adjusted unemployment rate inched up to 3.5% in the three months ending May 2025, from 3.4% in the previous period, hitting its highest level since December 2022. The increase was driven by continued industry adjustments amid external uncertainties and changing consumption patterns. The number of unemployed people rose by 6,400 to 135,800, while total employment dropped by 12,400 to 3.66 million. Unemployment increased across most major sectors, with sharper rises in construction, retail, and real estate. The youth unemployment rate (ages 20–29) remained unchanged at 6.5% in May. Meanwhile, the labour force participation rate edged down to 56.7% from 56.8%. Looking ahead, the arrival of fresh graduates and school leavers could put further pressure on the job market.

DXY：侧面接近近期低点–华侨银行。美元（USD）继续在近期低点附近交易，由于地缘政治紧张局势、关税不确定性和本周央行会议导致市场油价上涨。华侨银行外汇分析师Frances Cheung和Christopher Wong指出，美元指数（DXY）最后收于98.17点。

DXY: Sideways near recent low – OCBC.US Dollar (USD) continued to trade near recent lows as markets navigate higher oil prices owing to geopolitical tensions, tariff uncertainties and central bank meetings this week. Dollar Index (DXY) was last at 98.17 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

周二，中国钢筋期货价格约为每吨2950元人民币，自前两个交易日触及9个月低点2920元人民币以来，交易区间狭窄，因为黑色金属需求疲软和针对中国钢铁的保护主义加剧超过了供应减少的前景。5月份，以国家统计局采购经理人指数（NBS PMI）衡量的中国建筑业增长降至四个月低点，原因是美国限制消费和住房供应过剩的关税威胁迫使对新住宅项目的需求，放大了夏季季节性活动减少的影响。此外，美国将钢铁进口关税提高了一倍，达到50%，这给进口需求带来了压力，并提高了亚洲主要中心的黑色金属供应量。这促使北京方面发出信号，表示今年将削减钢铁炉和钢厂的产能，宝钢表示预计产量将减少5000万吨。

Steel rebar futures in China were around CNY 2,950 per tonne on Tuesday, trading at a narrow range since touching a nine-month low of CNY 2,920 two sessions prior as poor ferrous metal demand and increasing protectionism against Chinese steel outweighed the outlook of lower supply. Construction growth in China measured by the NBS PMI fell to a four-month low in May as tariff threats from the US limited consumption and an oversupply of housing stock pressured the need for new residential projects, magnifying the impact of lower seasonal activity in the summer. Additionally, the US doubled tariffs on steel imports to 50%, pressuring import demand and raising the availability of ferrous metal among major Asian hubs. This drove Beijing to signal it will cut capacity for steel furnaces and mills this year, with Baosteel stating it expects production to fall my 50 million tonnes.