新西兰基准标准普尔/NZX 50指数周一下跌0.4%，至12684点，这是该指数连续第四次下跌，收于近四周来的最低水平，因为投资者关注美国新关税的影响。美国将从8月7日起将新西兰产品的关税从10%提高到15%，这加剧了人们对经济影响的担忧，并使新西兰在关键出口方面处于不利地位。尽管如此，经济学家认为，鉴于大宗商品价格强劲，这种影响将是可控的。据报道，新西兰官员在上周宣布后将前往华盛顿。与此同时，新西兰第二季度失业数据以及本周晚些时候将公布的最大贸易伙伴中国的贸易和CPI数据，加剧了市场的谨慎。总体而言，Gentrack Group（-3.2%）、Sanford（-2.9%）和Fletcher Building（-2.7%）领跌。消费者和分销服务股也下跌，Vulcan Steel下跌2%，SkyCity下跌1%。

New Zealand's benchmark S&P/NZX 50 index fell 0.4% to 12,684 on Monday, marking its fourth straight decline and closing at its lowest level in nearly four weeks, as investors focused on the impact of fresh US tariffs. The US is set to raise tariffs on New Zealand products from 10% to 15% effective August 7, fueling concerns over economic fallout and putting New Zealand at a disadvantage in key exports. Still, economists believe the effect will be manageable given strong commodity prices. New Zealand officials are reportedly heading to Washington following last week’s announcement. Meanwhile, adding to market caution was New Zealand’s Q2 unemployment data and upcoming trade and CPI figures from top trading partner China due later this week. Across the board, losses were led by Gentrack Group (-3.2%), Sanford (-2.9%), and Fletcher Building (-2.7%). Shares in consumer and distribution services also declined, with Vulcan Steel down 2% and SkyCity off 1%.

新西兰元周一升至0.592美元左右，在触及两个多月低点后延续了前一交易日的反弹。在美元相对疲软以及交易员评估美国新关税影响的情况下，股价上涨。上周，在令人失望的美国就业报告和唐纳德·特朗普总统解雇一名高级劳工官员后，美元走弱，促使市场对美联储可能的两次降息进行定价，预计第一次降息将在9月进行。与此同时，美国将从8月7日起将新西兰产品的关税从10%提高到15%，这加剧了人们对经济影响的担忧，并使新西兰在关键出口中处于不利地位。然而，经济学家认为，鉴于目前大宗商品价格强劲，这种影响将是可控的。投资者现在等待周二公布的关键国内劳动力数据，失业率预计将攀升至5.3%的八年多来的最高点。

The New Zealand dollar rose to around $0.592 on Monday, extending its rebound from the previous session after hitting a more than two-month low. The gains came amid a relatively soft US dollar and as traders assessed the impact of new US tariffs. The greenback weakened last week following a disappointing US jobs report and President Donald Trump's dismissal of a top labor official, prompting markets to price in two potential Federal Reserve rate cuts, with the first expected in September. Meanwhile, the US is set to raise tariffs on New Zealand products to 15% from 10%, effective August 7, heightening concerns about the economic impact and putting New Zealand at a disadvantage in key exports. However, economists believe the effect will be manageable given currently strong commodity prices. Investors now await key domestic labor data due Tuesday, with the unemployment rate expected to climb to an over eight-year high of 5.3%.

周一早盘，新西兰股市下跌16点，跌幅0.1%，至12714点，标志着连续第四个交易日下跌，追随周五华尔街的暴跌，原因是7月就业数据疲软和美国总统唐纳德·特朗普宣布的新关税政策。NZX 50触及7月中旬以来的最低水平，主要受科技、通信服务和金融拖累。新西兰最高外交官万吉利斯·维塔利斯在上周美国宣布征收15%的关税后飞往华盛顿，高于4月份威胁的10%的关税，此后交易员继续关注美国关税的发展。据当地媒体报道，贸易部长托德·麦克莱也计划在未来几天访问华盛顿。在本周晚些时候中国公布贸易数据和CPI之前，人们也保持了谨慎，因为中国大陆的需求持续疲软。早期失败者包括Gentrack Group（-1.5%）、Infratil（-0.7%）和ANZ Group（-0.6%）。

New Zealand's stocks fell 16 points, or 0.1%, to 12,714 in morning trade on Monday, marking the fourth straight session of losses, tracking a plunge on Wall Street on Friday, amid weak July jobs data and a new tariff policy announced by US President Donald Trump. The NZX 50 hit its lowest level since mid-July, mainly dragged down by tech, communication services, and financials. Traders continued to monitor the development of US tariffs, following New Zealand's top diplomat Vangelis Vitalis, who was flying to Washington in the wake of last week's announcement after the US imposed a 15% tariff—higher than the 10% tariff threatened in April. Trade Minister Todd McClay also plans to visit Washington in the coming days, as reported by local media. Caution was also built ahead of the release of trade data and CPI from China, which is due later this week amid continued weak demand on the mainland. Among early losers were Gentrack Group (-1.5%), Infratil (-0.7%), and ANZ Group (-0.6%).

周五，新西兰元从盘中早些时候的两个月低点0.586美元升至0.59美元以上，停止了六个交易日的下跌，因为美元的暴跌抵消了美国对新西兰的新关税。尽管劳动力减少，但美国的工资大幅下调，失业率上升。与此同时，美国对新西兰的贸易税从4月份宣布的10%的基准上调至15%。将于下周生效的新关税率加剧了人们对新西兰出口导向型经济前景的担忧。此外，由于通胀预期上升，新西兰7月份消费者信心下降。新西兰元本周仍下跌约2%。

The New Zealand dollar rose above $0.59 on Friday from the two-month low of $0.586 earlier in the session, halting six session of losses as a plunge for the greenback offset fresh US tariffs on New Zealand. Payrolls in the US were revised sharply lower and the unemployment rate rose despite a lower labor force. Meanwhile, US trade levies on New Zealand were raised to 15% from the 10% baseline announced in April. The new tariff rate, set to take effect next week, has fueled concerns about the outlook for New Zealand’s export-driven economy. Additionally, consumer confidence in New Zealand dropped in July, amid expectations of rising inflation. The kiwi still fell around 2% in this week.