原油周展望：巩固期延长。彭博社石油市场记者Mia Gindis表示，对冲基金以三个月来最快的速度看涨石油，因为主要产油地区的地缘政治动荡重新引发了原油价格的风险溢价。

Crude Oil Weekly Outlook: The Consolidation Extends.According to Mia Gindis, oil markets reporter at Bloomberg, hedge funds turned bullish on oil at the fastest pace in three months, as geopolitical unrest in key oil-producing regions has revived the risk premium in crude prices.

天然气新闻：牛市捍卫关键回撤支撑，市场风险上升。天然气期货连续第二周下跌，因为库存增加和天气降温对需求造成压力，而看涨者试图捍卫关键的回撤支撑。

Natural Gas News: Market Risks Mount as Bulls Defend Key Retracement Support.Natural gas futures fall for a second week as inventory builds and cooling weather weigh on demand, while bulls attempt to defend key retracement support.

石油新闻：由于需求和欧佩克滞后，原油前景低于52周平均水平。原油价格仍面临压力，因为需求疲软和欧佩克供应强劲，导致每周前景看跌，低于52周移动平均线。

Oil News: Crude Outlook Bearish Below 52-Week Average as Demand and OPEC Lag.Crude oil prices remain under pressure as weak demand and strong OPEC supply drive a bearish weekly outlook below the 52-week moving average.

美元预测：DXY反弹面临周五个人消费支出和情绪数据的考验。DXY小幅走高，因美国国债收益率上升抵消了美联储的降息。交易员关注核心个人消费支出和情绪数据，寻找通胀和未来利率走势的线索。

US Dollar Forecast: DXY Rebound Faces Test from Friday's PCE, Sentiment Data.DXY edges higher as rising Treasury yields offset Fed rate cuts. Traders eye core PCE and sentiment data for clues on inflation and future rate moves.

日元每周预测：美元/日元价格走势取决于美联储讲话和美国数据。随着美联储和日本央行立场的分歧，美元/日元波动性增加。交易员关注服务业采购经理人指数、通货膨胀和鲍威尔的下一步讲话。

Japanese Yen Weekly Forecast: USD/JPY Price Action Hinges on Fed Speeches and US Data.USD/JPY volatility grows as Fed and BoJ stances diverge. Traders eye services PMI, inflation, and Powell's speech for the next move.

一周前：美元的调整可能会延长。美元在上周上半年下跌，对英镑G10货币的年度低点是对联邦公开市场委员会降息的初步反应。然而，鲍威尔主席的新闻发布会和经济预测摘要并不像降息和对劳动力市场恶化的担忧那样温和。

Week Ahead: Greenback's Correction can Extend.The US dollar fell through the first part of last week and lows for the year against sterling G10 currencies were set in the initial reaction to the rate cut by the FOMC. However, Chair Powell press conference and a look at the Summary of Economic Projections were not as dovish the rate cut and concerns about the deterioration of the labor market seemed to suggest.

天然气新闻：期货价格再次下跌——预测信号显示未来将出现更严重的回调。天然气期货连续第三个交易日下跌，库存攀升，天气降温，关键技术水平面临压力。看跌信号主导了今天的市场。

Natural Gas News: Futures Drop Again—Forecast Signals Deeper Pullback Ahead.Natural gas futures fall for a third session as inventories climb, weather cools, and key technical levels face pressure. Bearish signs dominate today's market.

石油新闻：技术和供应压力一致，深化看跌油价前景。原油跌破关键支撑位，因欧佩克供应和需求疲软证实了石油前景看跌。美联储降息未能提振原油期货。

Oil News: Technical and Supply Pressure Align to Deepen Bearish Oil Outlook.Crude oil slides below key support levels as OPEC supply and weak demand confirm a bearish oil outlook. Fed rate cuts fail to lift crude futures.

DXY价格分析：空头回补反弹50日均线报98.082。随着美联储发出降息放缓的信号，美元空头回补加速。DXY将目光投向50日均线和98.238回撤区。

DXY Price Analysis: Short Covering Rally Eyes 50-Day Moving Average at 98.082.Dollar short-covering accelerates as Fed signals slower cuts. DXY eyes 50-day MA and 98.238 retracement zone.

市场每周展望-由于美元对美国劳动力数据仍然敏感，PMI和PCE成为焦点。繁忙的一周仍以备受期待的美联储会议为主。我不得不说，向美联储主席鲍威尔致敬，他一直在控制市场，无论你认为他的决定是对是错。

Markets Weekly Outlook – PMI and PCE in the Spotlight as US Dollar Remains Sensitive to US Labor Data.A busy week that was still dominated by the highly anticipated Federal Reserve Meeting. I have to say, hats off to Fed Chair Powell who kept markets in check whether you think he is right or wrong in his decision.

由于全球经济的不确定性，2025年前八个月，中国的外国直接投资（FDI）同比下降12.7%，至5065.8亿元人民币。按行业划分，制造业吸引了1290.3亿元人民币，而服务业所占份额较大，为3361.6亿元人民币。高新技术产业仍然是一个亮点，实际吸引外资1482.8亿元。其中，电子商务服务增长169.2%，航空航天和设备制造业增长37.5%，化学和制药制造业增长23.2%，医疗设备和器械制造业增长19.2%。在此期间，来自日本的投资增长了58.9%，来自瑞士和英国的投资分别增长了37.2%和24.5%，来自新加坡的投资增长1.8%。尽管整体下降，但外国对中国高科技行业的兴趣仍然强劲，突显出投资者对先进产业的持续关注。

Foreign direct investment (FDI) in China fell 12.7% year-on-year to CNY 506.58 billion in the first eight months of 2025, amid global economic uncertainty. By sector, the manufacturing industry attracted CNY 129.03 billion, while the services sector accounted for a larger share at CNY 336.16 billion. High-tech industries remained a bright spot, drawing CNY 148.28 billion in actual foreign investment. Within that segment, e-commerce services surged by 169.2%, aerospace and equipment manufacturing rose by 37.5%, chemical & pharmaceutical manufacturing grew by 23.2%, and medical equipment & device manufacturing increased by 19.2%. During the period, investment from Japan jumped by 58.9%, while investments from Switzerland and the UK soared by 37.2% and 24.5%, respectively, and investment from Singapore rose by 1.8%. Despite the overall decline, foreign interest in China’s high-tech sectors remained robust, highlighting continued investor focus on advanced industries.

每周底线：鲍威尔的“风险管理”削减。这是一个繁忙的一周，通货膨胀和零售销售的最新情况，以及加拿大银行和美国联邦储备银行的降息。尽管美联储降息，但美国债券收益率飙升，全球收益率也随之上升。

The Weekly Bottom Line: Powell's ‘Risk Management' Cut.It was a busy week with updates on inflation and retail sales, along with rate cuts from the Bank of Canada and the U.S. Federal Reserve Bank. Despite the Fed's rate cut, U.S. bond yields popped, taking global yields with them.

前瞻性指引：早期指标显示加拿大7月经济增长反弹。周四加拿大7月国内生产总值将成为焦点，因为早期数据显示，第二季度增长的收缩不太可能在第三季度重演。

Forward Guidance: Early Indicators Point to Canada's Growth Rebounding in July.Canada's gross domestic product for July on Thursday will take center stage as early readings suggest the contraction in Q2 growth was not likely repeated in Q3.

阿根廷央行进行六年来最大规模的每日美元抛售，以遏制比索下跌。阿根廷央行周五进行了近六年来最大规模的每日美元抛售，继续使用储备支持本币，满足了对政治不稳定持谨慎态度的机构投资者对美元的强劲需求。

Argentina's central bank makes biggest daily dollar sale in six years to curb peso slide.Argentina's central bank on Friday made its largest daily dollar sale in nearly six years as it continued to use reserves to support the local currency, meeting strong dollar demand from institutional investors wary of political instability.

天然气价格预测：每周细分点指向较低目标。天然气周五继续下跌，突破关键支撑位，证实看跌势头，斐波那契回撤和图表模式预示着未来有进一步下跌的风险。

Natural Gas Price Forecast: Weekly Breakdown Points to Lower Targets.Natural gas extended its decline Friday, breaching key support levels and confirming bearish momentum, with Fibonacci retracements and chart patterns signaling risk of deeper downside ahead.