日本52周国债 (Japan52W) 加自选

欧元/日元价格预测：从八个月高点回落后交易低于166.00。欧元/日元停止了五天的连胜，周四亚洲时段交易在165.80左右。日线图的技术分析表明，随着货币十字架在上升通道模式中向上移动，看涨倾向的加强似乎出现了。

EUR/JPY Price Forecast: Trades below 166.00 after pulling back from eight-month highs.EUR/JPY halts its five-day winning streak, trading around 165.80 during the Asian hours on Thursday. The strengthening of a bullish bias appears as the currency cross moves upwards within an ascending channel pattern, suggested by the technical analysis of the daily chart.

周四，日本10年期政府债券收益率降至1.45%左右，创四周新低，原因是美国总统唐纳德·特朗普再次发出关税威胁，刺激了对避险资产的需求。特朗普表示，他计划在未来一到两周内致函贸易伙伴，详细说明旨在迫使各国达成新贸易协定的单边关税。日本国债收益率也跟随美国国债收益率的下降，此前美国通胀数据低于预期，强化了人们对美联储今年进一步降息的预期。在日本，第二季度商业情绪继续减弱，反映出美国贸易政策及其对该国出口依赖型经济的影响的不确定性日益增加。与此同时，日本央行行长上田和夫周二向议会重申，央行准备再次加息，前提是有足够的信心表明潜在通胀正在持续向2%的目标迈进。

Japan’s 10-year government bond yield dropped to around 1.45% on Thursday, hitting a four-week low as renewed tariff threats from US President Donald Trump spurred demand for safe-haven assets. Trump said he plans to send letters to trading partners within the next one to two weeks, detailing unilateral tariffs aimed at pressuring countries into new trade agreements. Japanese yields also tracked a decline in US Treasury yields, following softer-than-expected US inflation data that reinforced expectations for further Federal Reserve rate cuts this year. In Japan, business sentiment continued to weaken in the second quarter, reflecting rising uncertainty over US trade policy and its impact on the country’s export-dependent economy. Meanwhile, Bank of Japan Governor Kazuo Ueda reiterated to parliament on Tuesday that the central bank is prepared to raise interest rates again—provided there is sufficient confidence that underlying inflation is moving sustainably toward the 2% target.

美元/日元展望：避险情绪提升避风港，日元上涨。周四，日元和瑞士法郎表现优异，地缘政治紧张局势加剧推动避险资金流动，对美元/日元构成压力，并支持进一步的下行风险。

USD/JPY Outlook: Japanese Yen Gains as Risk-Off Mood Lifts Safe Havens.The Japanese yen and Swiss franc outperformed on Thursday as rising geopolitical tensions drove safe-haven flows, weighing on USD/JPY and supporting further downside risk.

周四，日元兑美元升值至144日元左右，延续了前一交易日的涨势，因为美国总统唐纳德·特朗普再次发出关税威胁，提振了对避险资产的需求。特朗普宣布计划在未来一到两周内致函主要贸易伙伴，详细说明旨在迫使各国达成贸易协定的单边关税。在日本，新的数据显示，第二季度商业情绪进一步恶化，因为围绕美国贸易政策的不确定性给该国的出口导向型经济带来了压力。与此同时，日本央行行长上田和夫周二告诉议会，如果有足够的信心表明潜在通胀正在接近或稳定在2%的目标附近，央行准备再次加息。

The Japanese yen appreciated to around 144 per dollar on Thursday, extending gains from the previous session as renewed tariff threats from US President Donald Trump boosted demand for safe-haven assets. Trump announced plans to send letters to key trading partners within the next one to two weeks, detailing unilateral tariffs aimed at pressuring countries into trade agreements. In Japan, fresh data showed a further deterioration in business sentiment during the second quarter, as uncertainty surrounding US trade policy weighed on the country’s export-driven economy. Meanwhile, Bank of Japan Governor Kazuo Ueda told parliament on Tuesday that the central bank is prepared to raise interest rates again if there is sufficient confidence that underlying inflation is approaching or stabilizing near the 2% target.