澳大利亚和日本股市周三暴跌，追随华尔街隔夜的大幅抛售，因美国工资数据强于预期，美国国债收益率飙升。在美联储做出政策决定之前，投资者也变得谨慎，因为人们担心美联储会在很长一段时间内维持更高的利率。在亚洲，投资者消化了澳大利亚和日本的制造业PMI数据以及韩国的贸易数据。韩国、香港和中国市场因劳动节假期休市。

Australian and Japanese markets tumbled on Wednesday, tracking a sharp selloff on Wall Street overnight as Treasury yields jumped on stronger-than-expected US wage data. Investors also turned cautious ahead of the US Federal Reserve’s policy decision amid fears that it would maintain higher interest rates for an extended period. In Asia, investors digested manufacturing PMI data from Australia and Japan, as well as trade figures in South Korea. Markets in South Korea, Hong Kong and China are closed for the Labor Day holiday.

由于投资者对最新的采购经理人指数报告做出反应，中国10年期政府债券收益率跌至2.3%左右，回落至历史低点。官方数据显示，中国制造业和服务业活动保持扩张势头，但在4月份有所放缓。与此同时，一项私人调查显示，本月工厂增长创下14个月新高。最新数据几乎没有提供中国当局是否会进一步放松政策以提振经济的线索。上周，尽管央行在第一季度GDP数据强于预期和稳定人民币的努力下保持了关键贷款利率不变，但国内收益率仍面临压力。在4月份的调整中，中国人民银行将一年期和五年期贷款利率分别保持在3.45%和3.95%。

China’s 10-year government bond yield fell to around 2.3%, sliding back toward record lows as investors reacted to the latest purchasing managers index reports. Official data showed that Chinese manufacturing and services sector activities remained expansionary but slowed in April. Meanwhile, a private survey showed that factory growth hit a 14-month high this month. The latest figures provided little clues on whether Chinese authorities would ease policy further to bolster the economy. Last week, domestic yields came under pressure even after the central bank kept key lending rates unchanged amid stronger-than-expected first quarter GDP figures and efforts to stabilize the yuan. The People’s bank of China held its one-year and five-year loan price rates at 3.45% and 3.95%, respectively, during its April fixing.

周二，上证综指下跌0.26%，收于3105点，深证成分股下跌0.9%，收于9587点。由于投资者在中国劳动节长假前变得谨慎，内地股市连续四天上涨。中国内地股市将于下周一恢复交易。投资者还消化了官方数据，这些数据显示中国制造业和服务业活动保持扩张性，但在4月份有所放缓。与此同时，一项私人调查显示，本月工厂增长创下14个月新高。最新数据几乎没有提供中国当局是否会进一步放松政策以提振经济的线索。重仓股跌幅显著，如重庆长安（-10%）、浙江万丰（-10%。

The Shanghai Composite fell 0.26% to close at 3,105 while the Shenzhen Component lost 0.9% to 9,587 on Tuesday, with mainland stocks snapping a four-day advance as investors turned cautious ahead of the long Labor Day holiday in China. Trading in mainland markets will resume next Monday. Investors also digested official data showing Chinese manufacturing and services sector activities remained expansionary but slowed in April. Meanwhile, a private survey showed that factory growth hit a 14-month high this month. The latest figures provided little clues on whether Chinese authorities would ease policy further to bolster the economy. Notable losses were seen from heavyweight firms such as ChongQing Changan (-10%), Zhejiang Wanfeng (-10%), China Vanke (-2%), Contemporary Amperex (-3.4%) and Citic Offshore Helicopter (-10%).

离岸人民币兑美元汇率跌至7.23左右，触及4月10日触及的近一个月低点7.2372，因交易员在劳动节假期延长前保持谨慎。随着中国金融市场准备从周三开始延长关闭时间，并在下周一恢复活动，市场情绪依然低迷。与此同时，人们对美联储即将召开的货币政策会议的预期越来越高，人们普遍预计美联储将在会议上维持5.25%至5.5%的利率。尽管如此，投资者仍热切期待政策制定者的见解，以阐明这个世界最大经济体的货币政策轨迹。与此同时，一项私人调查显示，中国制造业活动略有上升，2024年4月的数据从上月的51.1升至51.4，为2023年2月以来的最高水平。

The offshore yuan weakened to around 7.23 per dollar, touching a near one-month low of 7.2372 reached on April 10, as traders exercised caution prior to the extended Labor Day holiday. With China's financial markets poised for an extended closure starting Wednesday and resuming activity the following Monday, market sentiment remained subdued. In tandem, anticipation mounts for the Federal Reserve's forthcoming monetary policy meeting, where it is widely expected to maintain rates between 5.25% and 5.5%. Still, investors eagerly await insights from policymakers that could illuminate the trajectory of monetary policy in the world's largest economy. Meanwhile, a private survey revealed a modest uptick in Chinese manufacturing activity, with the April 2024 reading rising to 51.4 from 51.1 in the previous month, marking the highest level since February 2023.