2025年6月上半月，巴西CPI上涨0.26%，为五个月来最低增速。相比之下，5月上半月的涨幅为0.36%，略低于市场预期的0.30%的涨幅。减速的主要原因是食品和饮料以及教育类别的价格走势疲软。另一方面，上涨压力最大的是住房成本，上涨1.08%，服装上涨0.51%。按年计算，月中通胀率从之前的5.40%降至5.27%，低于5.31%的预测。

Brazil’s CPI rose by 0.26% in the first half of June 2025, marking the slowest pace in five months. This compares to a 0.36% increase in the first half of May and came in slightly below market expectations of a 0.30% rise. The deceleration was largely attributed to subdued price movements in the food and beverages and education categories. On the other hand, the strongest upward pressure came from housing costs, which rose by 1.08%, and clothing, up 0.51%. On an annual basis, mid-month inflation eased to 5.27%, down from 5.40% previously and below forecasts of 5.31%.

中国PMI：增长缓慢，大宗商品滞后。随着7月9日的临近，贸易战日益成为市场关注的问题。这些数据是特朗普政府在“解放日”关税重新实施之前达成贸易协议的最后期限。

China PMIs: Elusive Growth, Lagging Commodities.As July 9th comes closer, the trade war has become increasingly a concern for the markets. The data is the self-imposed deadline by the Trump Administration to reach trade deals before “liberation day” tariffs are reimposed.

阿尔巴尼亚2025年第一季度国内生产总值同比增长3.4%，为2023年第四季度以来的最低增速，低于上一季度向上修正的4.4%。家庭消费增长2.5%，政府支出增长7.3%。与此同时，固定资本形成总额增长了2.9%。在外部方面，出口增长9.5%，超过了进口1.7%的增长。经季节性调整的季度数据显示，2025年第一季度经济增长了0.7%。

Albania's gross domestic product rose by 3.4% year-on-year in the first quarter of 2025, marking the slowest pace since Q4 2023, slowing from an upwardly revised 4.4% in the previous quarter. Household consumption increased by 2.5% and government spending rose by 7.3%. Meanwhile, gross fixed capital formation grew by 2.9%. On the external front, exports advanced 9.5%, outpacing a 1.7% rise in imports. On a seasonally adjusted quarterly basis, the economy grew by 0.7% in the first quarter of 2025.

市场担心美联储的独立性，对美元没有兴趣。由于投资者对美国央行独立性受到侵蚀的新迹象感到不安，他们立即将美元推回到三年多来的最低水平，遭受重创的美元再次受到打击。

No love for the dollar as markets fret about Fed independence.A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank independence, waste no time in pushing the greenback back to its lowest levels in over three years.