特朗普新的关税威胁引发美国经济担忧，澳元上涨。周一，澳元（AUD）兑美元（USD）升值超过0.50%。澳元/美元对上涨，因为人们越来越担心美国经济增长缓慢和通货膨胀加剧，美元可能面临挑战。

Australian Dollar rises on US economic concerns amid Trump's new tariff threats.The Australian Dollar (AUD) appreciated against the US Dollar (USD) by over 0.50% on Monday. The AUD/USD pair rises as the Greenback may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US).

澳新银行澳大利亚招聘广告在2025年5月环比下降1.2%，标志着连续第二个月下降，并且比上个月向下修正的0.3%下降更严重。招聘广告同比下降5.7%，但仍比疫情前水平高13.66%。

ANZ-Indeed Australian Job Ads declined by 1.2% month-over-month in May 2025, marking the second straight month of drop and deepening from a downwardly revised 0.3% fall in the previous month. Year-on-year, job ads were down 5.7% but remained 13.66% above pre-pandemic levels.

标准普尔/澳交所200指数周一持平于8434点，此前一周有所上涨，投资者在关注全球贸易发展的同时消化了最新的采购经理人指数。今天早些时候，数据显示，澳大利亚制造业在5月份连续第二个月走弱，降至2月份以来的最低水平，这表明工业活动可能放缓。上周，数据显示，4月份零售额意外下降，突显出消费者日益谨慎。与此同时，投资者情绪仍然受到持续的美中贸易关系的影响，唐纳德·特朗普总统表示愿意与中国习近平主席主席进行对话，这增加了可能缓解关税紧张局势的希望。在企业方面，银行股表现最佳，西太平洋银行上涨2.7%，澳大利亚国民银行上涨1.3%，澳大利亚联邦银行上涨0.9%。

The S&P/ASX 200 Index traded flat at 8,434 on Monday, following gains from the previous week, as investors digested the latest PMI figure while monitoring ongoing global trade developments. Earlier today, data showed that Australia's manufacturing sector weakened in May for the second consecutive month, falling to its lowest level since February—signaling a potential slowdown in industrial activity. Last week, figures revealed that retail sales unexpectedly declined in April, highlighting growing consumer caution. Meanwhile, investor sentiment remained shaped by ongoing US-China trade relations, as President Donald Trump expressed willingness to engage in dialogue with Chinese President Xi Jinping, raising hopes for a potential easing of tariff tensions. On the corporate front, banking stocks were among the top performers, with Westpac Banking Corporation climbing 2.7%, National Australia Bank rising 1.3%, and Commonwealth Bank of Australia adding 0.9%.

标准普尔全球澳大利亚制造业采购经理人指数从4月的51.7降至2025年5月的51，连续第二个月降至2月以来的最低水平。尽管出口需求出现反弹，但新订单增长放缓，推动了减速。本月产量出现收缩，这是今年迄今为止的第二次下降。生产疲软也反映在投入库存的减少上，因为公司在持续的交货延迟中减少了采购活动。尽管产量下降，但商业信心有所改善。制造商报告称，对未来销售的乐观情绪有所增加，理由是业务发展计划和日益增长的经济和贸易稳定性。随着公司为预期增长做准备，员工人数也连续第三个月上升。在定价方面，销售价格通胀放缓，而投入成本通胀放缓至六个月来的最低水平。

The S&P Global Australia Manufacturing PMI weakened to 51 in May 2025 from 51.7 in April, falling for the second straight month to the lowest level since February. The deceleration was driven by a softer rise in new orders, despite a rebound in export demand. Output contracted during the month, marking only the second decline so far this year. Weaker production was also reflected in a drawdown of input inventories, as firms reduced purchasing activity amid continued delivery delays. Despite the decline in output, business confidence improved. Manufacturers reported increased optimism about future sales, citing business development plans and growing economic and trade stability. Staffing levels also rose for a third consecutive month as firms prepared for anticipated growth. On the pricing front, selling price inflation moderated, while input cost inflation slowed to its lowest rate in six months.