周四，新西兰基准标普/纽交所50指数上涨2.1%，收于12149点，在贸易战担忧缓解的情况下结束了连续两天的下跌。报道显示，特朗普政府即将宣布第一批协议，这些协议将降低对某些国家的计划关税。与此同时，据报道，中国编制了一份美国制造的商品清单，免除125%的报复性关税，旨在在不做出公开让步的情况下缓和紧张局势。大多数大盘股均录得强劲涨幅。医疗器械制造商斐雪派克上涨2.4%，药品供应商Ebos Group上涨1.3%。公用事业提供商Meridian Energy、Mercury NZ和Contact Energy分别上涨2.7%、3.4%和3.3%。基础设施投资者Infratil上涨3.5%，乳制品生产商A2 Milk上涨3.3%，电信提供商Spark NZ上涨1.2%。房地产股也对股市的上涨做出了贡献。

New Zealand's benchmark S&P/NZX 50 index jumped 2.1% to close at 12,149 on Thursday, snapping a two-day losing streak amid easing trade-war concerns. Reports indicated that the Trump administration was close to announcing the first tranche of deals that would reduce planned tariffs on certain countries. Simultaneously, China had reportedly compiled a list of U.S.-made goods to be exempted from its 125% retaliatory tariffs, aiming to de-escalate tensions without making public concessions. Most large-cap stocks posted strong gains. Medical-device maker Fisher & Paykel gained 2.4% and pharmaceutical supplier Ebos Group was up 1.3%, respectively. Utility providers Meridian Energy, Mercury NZ, and Contact Energy rose 2.7%, 3.4%, and 3.3%, respectively. Infrastructure investor Infratil climbed 3.5%, dairy producer A2 Milk advanced 3.3%, and telecommunications provider Spark NZ gained 1.2%. Property stocks also contributed to the upturn.

周四，由于对美中潜在贸易协议的乐观情绪，新西兰元上涨至0.594美元左右。报道显示，中国已悄悄编制了一份免征125%关税的美国制造商品清单，旨在在不做出公开让步的情况下缓解贸易紧张局势。此外，国有的中国中央电视台报道称，美国一直在通过各种渠道与北京联系。然而，在国内，对新西兰储备银行进一步放宽政策的预期继续对货币构成压力。市场坚定地预计，在本月晚些时候的央行会议上，利率将下调25个基点，到10月，利率将触底至2.75%。在经济方面，最近的数据显示，由于对美国关税的担忧，新西兰4月份的商业信心恶化。

The New Zealand dollar rose to around $0.594 on Thursday, driven by optimism over a potential U.S.-China trade deal. Reports indicated that China had quietly compiled a list of U.S.-made goods exempt from its 125% tariffs, aiming to ease trade tensions without making public concessions. Also, state-run China Central Television reported that the U.S. has been reaching out to Beijing through various channels. However, domestically, expectations for further policy easing by the Reserve Bank of New Zealand continued to weigh on the currency. Markets are firmly pricing in a 25bps rate cut at the central bank’s meeting later this month, with rates seen bottoming at 2.75% by October. On the economic front, recent data showed that New Zealand’s business confidence worsened in April due to concerns about U.S. tariffs.

新西兰股市周四早盘上涨25点，涨幅0.2%，至11928点，此前两个交易日收盘下跌，追随主要受主要科技股上涨推动的美国期货飙升。在中国编制了一份免征125%关税的美国制造商品清单后，由于美中贸易战有望缓和，NZX 50试图上涨。交易员对政府预算削减不屑一顾，同时希望在贸易冲突可能对全球产生影响的情况下，通过降息来支持经济。然而，周三的数据限制了涨幅，因为该国的消费者情绪降至九个月低点，新西兰最大的贸易伙伴中国公布了令人失望的PMI数据。工业、科技、房地产和消费必需品推动该指数上涨，奥克兰国际机场（上涨2.4%）、Skellerup Holdings（1.7%）、西太平洋银行（0.9%）、Infratil（0.5%）和A2 Milk（0.5%）涨幅显著。

Equities in New Zealand rose 25 points, or 0.2%, to 11,928 in Thursday morning trade, after closing lower in the previous two sessions, tracking a surge in U.S. futures mainly driven by gains in major tech stocks. The NZX 50 attempted to rise amid hopes of a de-escalation in the U.S.-China trade war, after China compiled a list of U.S.-made goods exempt from its 125% tariffs. Traders shrugged off government budget spending cuts while hoping for interest rate reductions to support the economy amid potential global fallout from the trade conflict. However, Wednesday's data capped the gains, as the country’s consumer mood fell to a nine-month low, and China, New Zealand's top trading partner, reported disappointing PMI data. Industrials, tech, real estate, and consumer staples drove the index, with notable gains from Auckland International Airport (up 2.4%), Skellerup Holdings (1.7%), Westpac Banking Corp. (0.9%), Infratil (0.5%), and A2 Milk (0.5%).

新西兰基准标准普尔/NZX 50指数周三下跌1%，收于11903点，标志着连续第二个交易日下跌，因为对关税对全球经济影响的担忧继续主导着投资者情绪。在当地，疲软的经济数据进一步抑制了市场情绪。澳新银行的调查显示，4月份新西兰的商业信心降至9个月低点，大多数前瞻性活动指标都受到关税担忧的拖累。新西兰最大贸易伙伴中国的最新数据显示，4月份制造业活动收缩，扭转了两个月的复苏，这加剧了市场的悲观情绪。医疗服务行业领跌市场，Ryman Healthcare和Summerset Group分别下跌5.6%和2.2%。在大盘股中，奥克兰国际机场（-3.3%）、Mercury NZ（-2.1%）、Contact Energy（-2.6%）和A2 Milk（-1%）的跌幅显著。

New Zealand's benchmark S&P/NZX 50 index tumbled 1% to close at 11,903 on Wednesday, marking its second straight session of losses, as concerns about the impact of tariffs on the global economy continued to dominate investor sentiment. Locally, sentiment was further dampened by weak economic data. ANZ Bank survey showed New Zealand’s business confidence dropped to a nine-month low in April, with most forward-looking activity indicators weighed down by tariff worries. Adding to the gloom, fresh data from China—New Zealand’s largest trading partner—showed a contraction in manufacturing activity for April, reversing two months of recovery. The health services sector led the market downturn, with Ryman Healthcare and Summerset Group shedding 5.6% and 2.2%, respectively. Among large cap-stocks, notable declines were seen in Auckland Intl Airport (-3.3%), Mercury NZ (-2.1%), Contact Energy (-2.6%), and A2 Milk (-1%).