布伦特原油 (Brent) 加自选

周二，受石油和金属价格下跌、迫在眉睫的制裁威胁和股息更新的影响，基于卢布的MOEX俄罗斯指数跌至3440点。欧盟可能会将禁止从该国进口液化天然气纳入第14套制裁措施，而美国正在准备对与俄罗斯合作的中国银行实施制裁。在国内，当局确认将出口商的资本管制延长至2024年底。然而，他们考虑取消俄罗斯铝业（1.4%）的出口税，并将该公司的产品作为储备购买。该指数受到蓝筹股俄罗斯联邦储蓄银行（-2.1%）和俄罗斯天然气工业股份公司（-2.1%。同时，由于公司董事会并没有决定裁员，Surgut股价暴跌4%。积极消息是，在Interros Group支持增发股票以将俄罗斯银行纳入TCS控股结构的提议后，TCS上涨1.5%，而Tatneft因股息上涨1%。

The ruble-based MOEX Russia index fell to 3,440 on Tuesday, weighed by lower oil and metals prices, looming sanctions threats, and dividends updates. The EU might include a ban on the LNG import from the country in the 14th package of sanctions, while the US is preparing sanctions against Chinese banks working with Russia. Domestically, the authorities confirmed the extension of exporters' capital controls to the end of 2024. However, they considered lifting the export duties for Rusal (1.4%) and purchasing the company's products into reserve. The index was dragged by blue chips Sberbank (-2.1%) and Gazprom (-2.1%), with the former announcing record dividend payout for 2023. Meanwhile, Surgut plunged by 4% since company's board of directors didn't decide on renumeration. In positive news, TCS advanced by 1.5% after Interros Group supported proposal for an additional issue of shares to integrate Rosbank into the structure of TCS Holding, while Tatneft rose by 1% on dividends.

富时100指数回吐了早盘涨势，但周二收盘时仍上涨0.3%，创下8045点的历史新高，因为乐观的企业发展抵消了强劲的国内采购经理人指数对宽松货币政策希望的轻微抑制。AB Foods在宣布其主要零售部门Primark及其食糖部门第一季度利润增长后，以9%的涨幅领涨。零售业的利好消息也支持Ocado、M&S和京东体育的股价上涨5.5%至2.5%，后者还因拟议收购美国的Hibbett而上涨。强劲的企业业绩也使Taylor Wimpey股价上涨1.3%，此前该公司在最新的交易更新中指出，销售进展如预期，克服了人们对高利率会损害这家房屋建筑商订单的担忧。与此同时，银行扩大了涨幅，渣打银行和巴克莱银行上涨1.5%，后者将于周四公布公司业绩。在数据方面，英国的采购经理人指数创下11个月来的新高。

The FTSE 100 trimmed its early rally but still closed 0.3% higher at a record of 8,045 on Tuesday, as optimistic corporate developments offset slight pushback to hopes of looser monetary policy from a strong domestic PMI print. AB Foods led the gains with a 9% surge after announcing that profit grew in its key retail arm, Primark, and its sugar division in Q1. The positive retail news also supported Ocado, M&S, and JD Sports shares to add between 5.5% and 2.5%, with the latter also lifted by its proposed acquisition of US-based Hibbett. Strong corporate results also pulled Taylor Wimpey shares 1.3% higher after noting that sales are progressing as expected in its newest trading update, overcoming concerns that high interest rates would hurt orders for the homebuilder. In the meantime, banks stretched their gains with Standard Chartered and Barclays adding 1.5%, with the latter due to release its corporate results on Thursday. On the data front, the UK's PMI hit an 11-month high.

英国10年期政府债券收益率飙升至4.24%，逐渐接近4月16日创下的4.3457%的五个月高点，这是由于英国政府决定增加本财年预定出售的债券数量，超过了分析师的预期，为有记录以来第二大金边债券计划做出了贡献。与此同时，投资者仔细查看了英国央行政策制定者的最新PMI数据和言论，以评估央行政策的潜在轨迹。最新的PMI调查显示，4月份英国商业活动以2023年5月以来的最快速度扩张。在政策方面，副州长Dave Ramsden表示，英国通胀保持过高的风险已经降低，可能会低于英国央行的最新预测，而首席经济学家Huw Pill表示，最新的经济消息使首次降息更加接近，尽管他警告称，这可能还有一段路要走。

The UK 10-year government bond yield surged to 4.24%, inching closer to the five-month peak of 4.3457% recorded on April 16th, spurred by the UK government's decision to increase the volume of bonds slated for sale this fiscal year, surpassing analysts' expectations and contributing to what was already the second-largest gilt package on record. Meanwhile, investors scrutinized the latest PMI figures and remarks from Bank of England policymakers to assess the potential trajectory of the central bank's policy. The most recent PMI survey indicated that UK business activity expanded in April at the fastest pace since May 2023. On the policy front, Deputy Governor Dave Ramsden suggested that the risk of British inflation remaining excessively high had diminished and could potentially fall below the BoE's most recent forecasts, while Chief Economist Huw Pill said the latest economic news had brought a first rate cut closer although he warned that it could be a way off.

英国10年期政府债券收益率稳定在4.2%左右，投资者消化了最新的采购经理人指数数据，并在副行长戴夫·拉姆斯登周五发表鸽派言论后重新调整了对英格兰银行首次降息时间的展望。最新的PMI调查显示，受服务业产出大幅增长的推动，英国4月商业活动扩张幅度为2023年5月以来最大。在政策方面，市场预计，与之前预期的9月相比，8月会议将首次降低借贷成本，此前拉姆斯登表示，英国通胀保持过高的风险已经降低，并可能低于英国央行的最新预测。

The UK 10-year government bond yield steadied around the 4.2% mark as investors digested the latest PMI figures and recalibrated their outlook regarding the timing of the first rate cut by the Bank of England following dovish comments by Deputy Governor Dave Ramsden on Friday. The latest PMI survey showed that UK business activity expanded in April by the most since May 2023, driven by a sharp increase in service sector output. On the policy front, markets anticipate the first reduction in borrowing costs occurring at the August meeting, compared to the previously anticipated September, after Ramsden suggested that the risk of British inflation remaining excessively high had diminished and could potentially fall below the BoE's most recent forecasts.