截至7月31日，房地美支持的30年期固定抵押贷款的平均利率比上周小幅下降2个基点，至6.72%，保持在四周前4月以来的最低水平6.67%以上。房地美首席经济学家Sam Khater表示：“30年期固定利率抵押贷款几乎没有变化，连续第四周保持在同一狭窄范围内。持续的经济增长，以及房价放缓和库存增加，对买家和卖家来说都是好兆头。”。

The average rate on a 30-year fixed mortgage backed by Freddie Mac fell by a meager 2 bps from the previous week to 6.72% as of July 31st, holding above its lowest since April of 6.67% seen four weeks ago. “The 30-year fixed-rate mortgage showed little movement, remaining within the same narrow range for the fourth consecutive week. Continued economic growth, along with moderating house prices and rising inventory, bodes well for buyers and sellers alike,” said Sam Khater, Freddie Mac’s chief economist.

截至2025年7月25日的一周，美国公用事业公司向储气库注入了480亿立方英尺的天然气，使总库存达到3.123万亿立方英尺。结果超出了380亿立方英尺的预期。目前的存储水平比一年前低约3.8%，但仍比目前的五年平均水平高6.7%。

US utilities injected 48 billion cubic feet of natural gas into storage on the week ending July 25, 2025, bringing total inventories to 3.123 trillion cubic feet. The result was above expectations of a 38 bcf build. Current storage levels were around 3.8% lower than those one year ago, but remained 6.7% above the current five-year average.

芝加哥商业晴雨表从6月的40.4跃升至2025年7月的47.1，超过了市场预期的42，创下3月以来的最高读数。尽管有所改善，但该指数连续20个月低于50点，表明商业活动持续收缩。反弹主要是由于新订单急剧增加，在强劲的地区需求下，新订单飙升至三年多来的最高水平。与此同时，就业保持稳定，随着支付价格的下降，价格压力有所缓解。

The Chicago Business Barometer jumped to 47.1 in July 2025 from 40.4 in June, beating market expectations of 42 and marking the highest reading since March. Despite the improvement, the index remained below the 50-point threshold for the 20th consecutive month, indicating continued contraction in business activity. The rebound was primarily driven by a sharp increase in new orders, which surged to the highest level in more than three years amid strong regional demand. Meanwhile, employment held steady, and price pressures eased as prices paid declined.

周四，美国股市大幅上涨，盈利业绩强劲，市场分析了最新的经济数据和贸易政策发展。标准普尔500指数和纳斯达克100指数分别创下0.7%和1%的新高，道琼斯指数上涨100点。Meta股价飙升11%，得益于强劲的季度业绩和第三季度销售前景乐观。微软股价上涨超过8%，此前该公司公布其Azure云部门的年收入超过750亿美元，超出了盈利预期。此外，AbbVie在超过利润预期后上涨4.5%，CVS在上调指导后飙升7%。尽管如此，高通公司在业绩公布后仍下跌了4%，与芯片行业的强劲势头背道而驰。与此同时，6月份个人支出和消费小幅上升，而失业救济申请继续显示出强劲的劳动力市场。尽管如此，个人消费支出价格的上涨促使市场减少了对美联储9月份降息的押注。最后，韩国关税降低提振了股市在贸易方面的表现。

US stocks were sharply higher on Thursday amid strong earnings results while markets parsed the latest economic data and trade policy developments. The S&P 500 and the Nasdaq 100 were 0.7% and 1% higher for fresh records, respectively, while the Dow added 100 points. Meta surged 11% on robust quarterly results and an upbeat outlook for Q3 sales. Microsoft jumped over 8% after beating earnings expectations and revealing that annual revenue from its Azure cloud division surpassed $75 billion. Also, AbbVie jumped 4.5% after beating profit estimates and CVS surged 7% after raising its guidance. Still, Qualcomm sank 4% after its results, defying the strong momentum for the chip sector. In the meantime, personal spending and consumption edged higher in June while unemployment claims continued to show a robust labor market. Still, elevated PCE prices drove markets to pare bets of a Fed cut in September. Lastly equities received a boost on the trade front from lower tariffs on South Korea.