木 (Lumber) 加自选

数据转储，以明确加拿大的增长和通胀回落。下周紧凑的加拿大经济发布日历应显示汽车生产部分复苏，12月贸易逆差略有收窄，并进一步证明尽管略有下降，但潜在通胀仍高于加拿大银行2%的目标。

Data Dump to Give Clarity on Canada's Growth and Inflation Backdrop.A packed Canadian economic release calendar in the coming week should reveal a partial recovery in auto production, a slightly narrower trade deficit in December, and further evidence that underlying inflation remains above the Bank of Canada's 2% target despite edging lower.

新西兰：通胀预期小幅上升——道明证券。新西兰：通胀预期小幅上升——道明证券

New Zealand: Inflation expectations edge higher – TD Securities.New Zealand: Inflation expectations edge higher – TD Securities

巴西12月零售额（月环比）为-0.4%，低于预期（-0.2%）。巴西12月零售额（月环比）为-0.4%，低于预期（-0.2%）

Brazil Retail Sales (MoM) came in at -0.4%, below expectations (-0.2%) in December.Brazil Retail Sales (MoM) came in at -0.4%, below expectations (-0.2%) in December

第一印象：新西兰储备银行2026年第一季度通胀预期调查。对未来一年通货膨胀的预期从去年年底的2.39%上升到2.59%。鉴于实际通胀也高于预期，短期通胀预期的上升并不奇怪——去年年底，整体通胀率上升至3.1%。

First Impression: RBNZ Survey of Inflation Expectations, Q1 2026.Expectations for inflation one year ahead rose to 2.59%, up from 2.39% at the end of last year. An increase in near-term expectations for inflation wasn't surprising given that actual inflation has also been hotter than expected – headline inflation rose to 3.1% at the end of last year.