美国1个月期国债 (US1M) 加自选

周三，美元指数跌破100点，徘徊在三年低点附近，投资者正在等待美联储主席杰罗姆·鲍威尔（Jerome Powell）备受关注的讲话。市场处于紧张状态，因为美联储面临着支持经济增长的微妙任务，同时管理关税驱动的通货膨胀风险。唐纳德·特朗普总统下令对所有关键矿产进口的潜在关税进行新的调查，这增加了不确定性，其中许多矿产来自中国。此举进一步给贸易前景蒙上了阴影，目前还没有迹象表明华盛顿和北京之间会重启谈判。美元普遍走弱，对欧元、澳元和日元的跌幅最大，因为交易员在鲍威尔的评论和与美国主要伙伴的持续贸易发展之前变得谨慎。

The U.S. dollar index slipped below the 100 mark on Wednesday, hovering near three-year lows as investors awaited a closely watched speech by Federal Reserve Chair Jerome Powell. Markets are on edge as the Fed faces the delicate task of supporting economic growth while managing the risk of tariff-driven inflation. Adding to the uncertainty, President Donald Trump ordered a new investigation into potential tariffs on all critical mineral imports—many of which the U.S. sources from China. The move further clouded the trade outlook, with no indication yet of renewed talks between Washington and Beijing. The dollar weakened broadly, with the sharpest losses seen against the euro, Australian dollar, and Japanese yen, as traders grew cautious ahead of both Powell’s comments and ongoing trade developments with key U.S. partners.

美元卖家稍作休息；英镑屹立不倒。周三，美元小幅反弹，投资者从数周的激烈抛售中喘息，市场企稳，等待美国贸易谈判取得进展。

Dollar sellers take a breather; sterling stands tall.The dollar clung to a small bounce on Wednesday, as investors took a breather from weeks of fairly fierce selling and markets stabilised to wait for progress on U.S. trade talks.

（美国）帝国州制造业调查展望降至20年来第二低。格雷格在美国时间周二获得了数据：商业情绪急剧恶化。该调查于4月2日至9日进行，就在破坏性的互惠声明之后，但在特朗普暂停90天之前。这会使阅读变得丑陋。

Outlook for (US ) Empire State Manufacturing Survey to second lowest reading in 20 years.Greg had the data on Tuesday, US time: a sharp deterioration in business sentiment The survey was conducted April 2 to 9, just after the destructive reciprocal announcement but prior to Trump's 90 day pause. It makes for ugly reading.

周三早盘，由于英伟达股价在盘后交易中大幅下跌，美国股指期货下跌。这家芯片制造商股价下跌约6%，此前该公司公布了一项55亿美元的季度费用，该费用与对中国和其他国家的H20图形处理单元的出口限制有关。投资者也在为当天晚些时候公布的一波企业盈利做准备，包括雅培、美国银行和旅行者的报告。与此同时，3月份的零售销售数据即将公布，这可能会让我们一窥日益增长的关税担忧是如何影响消费者行为的。周二，由于贸易相关的不确定性挥之不去，主要股指收盘下跌。道琼斯指数下跌0.38%，标准普尔500指数微跌0.17%，纳斯达克综合指数下跌0.05%。市场参与者仍然关注美国和中国之间不断升级的紧张局势，因为美国商务部对半导体和药品进口展开了调查，这增加了进一步征收关税的可能性。

U.S. stock futures fell early Wednesday, pressured by a sharp drop in Nvidia shares during after-hours trading. The chipmaker sank around 6% after revealing a $5.5 billion quarterly charge tied to export restrictions on its H20 graphics processing units to China and other countries. Investors are also bracing for a wave of corporate earnings set to be released later in the day, including reports from Abbott, U.S. Bancorp, and Travelers. Meanwhile, March retail sales data is due, offering a potential glimpse into how growing tariff concerns are shaping consumer behavior. On Tuesday, major indexes closed lower amid lingering trade-related uncertainty. The Dow slipped 0.38%, the S&P 500 edged down 0.17%, and the Nasdaq Composite lost 0.05%. Market participants remain focused on escalating tensions between the U.S. and China, as the Commerce Department opened an investigation into semiconductor and pharmaceutical imports—raising the prospect of further tariffs.