新西兰基准标准普尔/NZX 50指数周二上涨1.5%，收于12877点，从四周低点反弹，投资者注意力转向第二季度关键劳动力数据。失业率预计将升至5.3%，为2016年第四季度以来的最高水平，这增强了人们对央行在本月即将召开的会议上降息的预期。贸易商还继续为美国从8月7日开始将新西兰商品的关税从10%提高到15%做好准备，这加剧了人们对经济影响的担忧，并给主要出口部门带来了压力。与此同时，数据显示，7月份中国服务业的表现出乎意料地强劲，鉴于密切的贸易关系，缓解了人们对新西兰出口的担忧。在整个交易所，金融和医疗保健股领涨，表现最佳的包括西太平洋银行（+1.1%）、澳新银行集团控股公司（+1.5%）和斐雪派克（+2.4%）。

New Zealand's benchmark S&P/NZX 50 index rose 1.5% to close at 12,877 on Tuesday, rebounding from a four-week low, as investor attention turned to key Q2 labor data. The unemployment rate is expected to rise to 5.3%, the highest since Q4 2016, reinforcing expectations for a rate cut by the central bank at its upcoming meeting this month. Traders also continued to brace for the US to raise tariffs on New Zealand goods from 10% to 15% starting August 7, heightening concerns about economic repercussions and putting pressure on key export sectors. Meanwhile, data showed a surprisingly strong performance in China’s services sector in July, easing concerns over Kiwi exports given the close trade relationship. Across the bourse, financial and healthcare shares led gains, with top performers including Westpac Banking (+1.1%), ANZ Group Holdings (+1.5%), and Fisher & Paykel (+2.4%).

周二，新西兰元跌至0.590美元左右，结束了两天的涨势，并回落至两个多月来的低点，因为投资者的注意力转向了本周晚些时候公布的第二季度关键劳动力数据。市场预计失业率将升至5.3%，为2016年第四季度以来的最高水平，这加强了央行在本月即将召开的会议上降息的理由。与此同时，从8月7日开始，美国将把新西兰商品的关税从10%提高到15%，这加剧了人们对潜在经济影响的担忧，并给关键出口部门带来了压力。然而，经济学家认为，在大宗商品价格强劲的支撑下，整体影响将是可控的。在其他地方，私人数据显示，7月份中国服务业的表现出乎意料地强劲，这有助于缓解因密切贸易关系而对新西兰出口的担忧。美元走软也提供了一些支撑，此前美国就业报告弱于预期，提振了人们对早些时候降息的预期。

The New Zealand dollar slipped to around $0.590 on Tuesday, snapping a two-day gain and moving back toward a more than two-month low, as investor focus shifted to key Q2 labor data due later this week. The market expects the unemployment rate to rise to 5.3%, the highest since Q4 2016, strengthening the case for a rate cut by the central bank at its upcoming meeting this month. Meanwhile, starting August 7, the US will raise tariffs on New Zealand goods from 10% to 15%, fueling concerns about the potential economic impact and putting pressure on key export sectors. However, economists believe the overall effect will be manageable, supported by strong commodity prices. Elsewhere, private data showed an unexpectedly strong performance in China’s services sector in July, helping ease concerns over Kiwi exports due to close trade ties. A softer US dollar also provided some support, following a weaker-than-expected US jobs report that boosted expectations for earlier rate cuts.

周二早盘，新西兰股市上涨91点，涨幅0.7%，至12775点，结束了前四个交易日的下跌。新西兰元50指数隔夜追随华尔街的乐观走势，因为低于预期的就业报告引发了人们对降息即将到来的押注。交易员预计本周晚些时候将公布新西兰第二季度的失业数据，市场预计失业率将升至5.3%，为2016年第四季度以来的最高水平，这增加了人们对央行将在本月下次会议上降息的希望。然而，交易员继续关注美国贸易关税政策的发展，并预计新西兰最大贸易伙伴中国今天晚些时候将公布服务业采购经理人指数数据。几乎所有行业都呈绿色交易，包括金融、非必需消费品、公用事业和医疗保健，其中Infratil（3.7%）、澳新银行集团（1.9%）、Mainfreight（1.5%）、Skellerup（1.3%）和斐雪派克（0.9%）的涨幅显著。

Equities in New Zealand rose 91 points, or 0.7%, to 12,775 in morning trade on Tuesday, halting losses from the previous four sessions. The NZX 50 tracked an upbeat session on Wall Street overnight, as a weaker-than-expected jobs report raised bets on interest rate cuts happening sooner. Traders anticipated the release of New Zealand's unemployment data for Q2 later this week, with the market expecting it to rise to 5.3% — the highest since Q4 of 2016 — raising hopes that the central bank will cut interest rates at its next meeting this month. However, traders continued to monitor the development of US trade tariff policy and were anticipating the release of services PMI data from China, New Zealand's top trading partner, later today. Almost all sectors traded in the green, including financials, consumer discretionary, utilities, and healthcare, with notable gains from Infratil (3.7%), ANZ Group (1.9%), Mainfreight (1.5%), Skellerup (1.3%), and Fisher & Paykel (0.9%).

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%.