棕榈油 (PalmOil) 加自选

ING：美联储独立性受到威胁导致美元疲软。美国总统对美联储主席杰伊·鲍威尔的攻击正在加剧。美元也相应走弱。

Dollar weakness due to threat to Fed independence – ING.The US president's attacks on Fed Chair Jay Powell are intensifying. And the dollar is weakening accordingly.

欧洲央行调查：通胀预期走高，增长前景疲软。欧洲央行最新的第二季度专业预测者调查显示，通胀预期小幅上调，表明整个欧元区持续存在价格压力。

ECB Survey: Inflation expectations tick higher, growth outlook softens.ECB's latest Survey of Professional Forecasters for Q2 showed a modest upward revision to inflation expectations, signaling persistent price pressures across the Eurozone.

2025年2月，西班牙的贸易逆差为34.2亿欧元，高于去年同期的23.5亿欧元。出口仅同比增长0.4%，至320亿欧元，主要类别如资本货物（-0.4%）、汽车产品（-16.6%）和能源产品（-13.3%）的下降超过了化学产品（9.8%）、原材料（19.2%）以及食品、饮料和烟草（5.1%）的增长。与此同时，由于化工产品采购量增加（10.6%），进口额增长3.5%，达到354亿欧元；食品、饮料和烟草（7.6%）；原材料（9.5%）；耐用消费品（8.3%）；消费品（5.5%）和非化学半制成品（6.4%）。

Spain posted a trade deficit of €3.42 billion in February 2025, widening from €2.35 billion in the same month last year. Exports rose just 0.4% yoy to €32 billion, as declines in key categories such as capital goods (-0.4%), automotive products (-16.6%), and energy products (-13.3%) outweighed increases in chemical products (9.8%), raw materials (19.2%), and food, beverages, and tobacco (5.1%). Meanwhile, imports advanced 3.5% to €35.4 billion, on higher purchases of chemical products (10.6%); food, beverages & tobacco (7.6%); raw materials (9.5%); durable consumer goods (8.3%); consumer manufactured goods (5.5%) and non-chemical semi-manufactured goods (6.4%).

2025年3月，台湾出口订单同比增长12.5%，达到530亿美元，较2月份31.1%的激增有所缓解，低于市场预期的15.3%的增长。增长放缓主要是由于电子产品（2月份为21.8%对48.6%）、机械（2.3%对13.4%）、电机（11.1%对28.8%）和ICT产品（11.4%对31.8%）的出口订单增长放缓。光学和摄影产品的需求增长也放缓（10.4%对16.6%），而化学品（-8.7%对6.7%）、塑料（-6.1%对6.8%）、纺织产品（-6.7%对19.5%）、基本金属（-3.8%对3.2%）和矿产品（-6.5%对4.8%）的订单下降。相比之下，只有运输设备的增长速度加快（15.4%对15.1%）。按地区划分，来自美国（+30.7%）、东盟国家（+26.3%）和日本（+21.9%）的出口订单有所增加，而来自欧洲（-8.3%）和包括香港在内的中国（-5.3%）的订单有所下降。

Orders for Taiwanese exports rose 12.5% year-on-year to USD 53.0 billion in March 2025, easing from a 31.1% surge in February and falling short of market expectations of a 15.3% increase. The slower growth was mainly due to a softer rise in export orders for electronic products (21.8% vs 48.6% in February), machinery (2.3% vs 13.4%), electrical machinery (11.1% vs 28.8%), and ICT products (11.4% vs 31.8%). Demand growth also moderated for optical and photographic products (10.4% vs 16.6%), while orders declined for chemicals (-8.7% vs 6.7%), plastics (-6.1% vs 6.8%), textile products (-6.7% vs 19.5%), basic metals (-3.8% vs 3.2%), and mineral products (-6.5% vs 4.8%). In contrast, only transport equipment showed an acceleration in growth (15.4% vs 15.1%). By region, export orders increased from the US (+30.7%), ASEAN countries (+26.3%), and Japan (+21.9%), while declining from Europe (-8.3%) and China including Hong Kong (-5.3%).