沪金主力 (SHF_AU) 加自选

周四，上证综指上涨0.2%，收于3125点左右，深证成分股上涨0.3%，收于9612点，结束了连续三天的下跌，并跟随全球市场的涨势，因为美国4月消费者通胀放缓，强化了美联储将于9月开始降息的预期。与此同时，投资者继续评估美国对中国商品征收新关税的影响，这些关税针对的是电动汽车、太阳能组件、钢铁和铝、传统半导体、关键矿产和医疗产品等战略部门。继华尔街隔夜出现类似走势后，高增长科技股领涨，富士康工业（6%）、中基创新（2.8%）、Eoptolink technology（2.9%）、中兴通讯（1.1%）和IEIT Systems（1.6%）领涨。

The Shanghai Composite rose 0.2% to around 3,125 while the Shenzhen Component gained 0.3% to 9,612 on Thursday, snapping a three-day decline and tracking a rally in global markets as US consumer inflation slowed in April, reinforcing expectations that the Federal Reserve will start cutting interest rates in September. Meanwhile, investors continued to assess the impact of fresh US tariffs on Chinese goods, which targeted strategic sectors such as electric vehicles, solar components, steel & aluminum, legacy semiconductors, critical minerals and medical products. High-growth technology stocks led the charge following similar moves on Wall Street overnight, with gains from Foxconn Industrial (6%), Zhongji Innolight (2.8%), Eoptolink Technology (2.9%), ZTE Corp (1.1%) and IEIT Systems (1.6%).

离岸人民币兑美元升值至7.20，达到两周来的最高水平，因为美国经济数据公布后，美元继续下跌。4月份，美国的年度核心通胀率降至3.6%，为三年来的最低水平，符合市场预期。尽管仍高于美联储2%的目标，但仍较3月份的3.8%有所回落。此外，美国零售销售意外停滞，未能达到市场预测的0.4%的增长。因此，这些指标使投资者预计最早可能在9月降息，尤其是在11月即将到来的美国总统大选之际。在经济新闻方面，有报道称，中国正在考虑让地方政府购买数百万套未售出的住房，以稳定和振兴房地产市场，这提振了市场情绪。尽管美国总统拜登最近决定对一系列中国商品大幅提高关税，但这种乐观情绪依然存在。

The offshore yuan appreciated toward 7.20 per dollar, reaching its highest level in two weeks, as the dollar extended losses following the release of US economic data. The annual core inflation rate in the US slowed to 3.6% in April, its lowest in three years and in line with market expectations. Although still above the Fed's 2% target, it still eased from March's 3.8%. Moreover, US retail sales unexpectedly stalled, failing to meet market forecasts of a 0.4% rise. As a result, these indicators led the investors to anticipate potential rate cuts as early as September, especially with the upcoming US presidential election in November. In economic news, sentiment was boosted buoyed by reports that China is considering a proposal for local governments to purchase millions of unsold homes, in a bid to stabilize and revitalize the property market. This optimism persisted despite US President Biden's recent decision to impose significant tariff hikes on a range of Chinese goods.

亚洲股市周四攀升，追随华尔街隔夜创纪录的涨势，因为美国4月消费者通胀放缓。疲软的美国通胀数据强化了人们对美联储将于9月开始降息的预期。与此同时，数据显示，由于生活成本压力和工资低迷，私人消费连续第四个季度下降，日本经济第一季度的年化收缩率超过预期2%。在澳大利亚，失业率从3月份的3.8%上升到4月份的4.1%，超出了预期。澳大利亚、日本、韩国、香港和中国股市均上涨。

Asian equity markets climbed on Thursday, tracking a record-setting rally on Wall Street overnight as US consumer inflation slowed in April. The soft US inflation reading reinforced expectations that the US Federal Reserve will start cutting interest rates in September. Meanwhile, data showed that Japan’s economy contracted by a more than expected 2% annualized rate in the first quarter as private consumption fell for the fourth consecutive quarter due to cost of living pressures and sluggish wages. In Australia, the unemployment rate increased more than anticipated to 4.1% in April from 3.8% in March. Shares in Australia, Japan, South Korea, Hong Kong and China all advanced.

离岸人民币兑美元汇率在前一交易日触及两周低点后反弹超过7.21，原因是美元普遍疲软，以及央行正在努力稳定人民币汇率。正如人们普遍预期的那样，中国人民银行在5月份将一年期中期贷款利率维持在2.5%。有报道称，中国正在评估一项让地方政府购买数百万套未售出房屋的提议，旨在稳定和振兴房地产市场，这也提振了市场情绪。尽管美国总统拜登最近决定对各种中国商品加征关税，但这一收益还是出现了。与此同时，美元指数将跌幅扩大至104.5，为五周来的最低水平，此前CPI报告缓解了通胀压力，并加强了人们对美联储将于9月开始降息的押注。

The offshore yuan rebounded past 7.21 per dollar, after hitting a two-week low in the previous session, among general dollar weakness, and the central bank's ongoing effort to stabilize the yuan. The People's Bank of China maintained its one-year medium-term lending facility rate at 2.5% during its May fixing, as widely expected. The sentiment was also boosted by reports that China is evaluating a proposal to have local governments purchase millions of unsold homes, aiming to stabilize and revitalize the property market. This gain comes despite U.S. President Biden's recent decision to impose tariff hikes on a variety of Chinese goods. Meanwhile, the dollar index extended losses to 104.5, the lowest level in five weeks, after the CPI report offered some relief over inflationary pressures, and reinforced bets the Fed will start lowering interest rates in September.