什么是影子美联储？政治如何动摇美元和全球市场。白宫是否在暗中塑造美联储的未来？探索“影子美联储”背后的真相，即美国央行的权力斗争，以及它如何动摇你的美元和全球市场！

What is the Shadow Fed? How Politics Could Shake the Dollar and Global Markets.Is the White House secretly shaping the future of the Fed? Discover the truth behind the “Shadow Fed,” the power struggle for America's central bank, and how it could shake up your dollars and the global markets!

周二，由于中东紧张局势加剧和经济数据疲软抑制了投资者情绪，美国股市下跌。标准普尔500指数下跌0.8%，道琼斯指数下跌300点，纳斯达克指数下跌0.9%，人们越来越担心美国可能直接卷入以色列-伊朗冲突。特朗普总统在Truth Social的一系列帖子中加强了言辞，要求伊朗“无条件投降”，并警告最高领袖哈梅内伊可能遭到袭击。与此同时，令人失望的美国零售额在5月份下降了0.9%，这表明消费者放缓，关税可能对经济产生越来越大的影响。在企业新闻方面，在软银抛售部分股份以资助人工智能投资后，T-Mobile股价下跌4%。相反，埃克森美孚和雪佛龙股价上涨超过2%，油价上涨超过3%。礼来公司宣布以每股10.50美元的价格收购Verve Therapeutics后，Verve Therapyutics股价飙升79%，至11.30美元。

Stocks in the US dropped on Tuesday as intensifying Middle East tensions and weak economic data dampened investor sentiment. The S&P 500 fell 0.8%, the Dow lost 300 points and the Nasdaq dropped 0.9%, amid growing fears that the US could become directly involved in the Israel-Iran conflict. President Trump intensified his rhetoric, demanding Iran’s “unconditional surrender” and warning of a potential strike against Supreme Leader Khamenei in a series of Truth Social posts. At the same time, disappointing US retail sales, which dropped 0.9% in May, signaled a slowing consumer that tariffs may be having a growing impact in the economy. In corporate news, T-Mobile shares slid 4% after SoftBank offloaded part of its stake to fund investments in AI. Conversely, ExxonMobil and Chevron gained over 2%, tracking a more than 3% rise in oil prices. Verve Therapeutics shares surged 79% to $11.30 after Eli Lilly announced plans to acquire the company for $10.50 per share.

FOMC会议预览：美联储会为7月降息敞开大门吗？。联邦公开市场委员会（FOMC）的温和意外——也许是暗示7月降息的大门仍然敞开，或者9月降息的强烈倾向（目前“仅”60%的价格）——可能会导致欧元/美元的看涨突破

FOMC Meeting Preview: Will the Fed Leave the Door Open for a July Cut?.A dovish surprise from the FOMC – perhaps a hint that the door remains open to a July rate cut or a strong lean toward cutting in September (currently “only” 60% priced in) – could lead to a bullish breakout in EUR/USD

美国企业库存在上个月增长0.1%后，于2025年4月环比持平，符合市场共识。零售商持有的股票在3月份下跌0.3%后，4月份保持不变，而制造商持有的股票则在一个月前类似上涨后下跌0.1%。与此同时，商业批发商的库存在上个月增长0.3%后，增长了0.2%。按年度计算，企业库存增长了2.2%。

US business inventories were flat month-over-month in April 2025, after a 0.1% increase in the prior month, in line with the market consensus. Stocks held by retailers remained unchanged in April after falling 0.3% in March, while those held by manufacturers declined 0.1%, following a similar rise a month earlier. Meanwhile, inventories at merchant wholesalers rose by 0.2%, after a 0.3% increase in the previous month. On an annual basis, business inventories rose by 2.2%.