欧元/澳元 (EURAUD) 加自选

德国10年期债券拍卖从之前的2.66%降至2.54%。德国10年期债券拍卖从之前的2.66%降至2.54%

Germany 10-y Bond Auction down to 2.54% from previous 2.66%.Germany 10-y Bond Auction down to 2.54% from previous 2.66%

意大利10年期英国国债收益率回升至3.45%以上，从6月9日达到的四个月低点3.43%反弹，投资者评估了欧洲央行官员最近的评论，并等待美中贸易谈判的进展。欧洲央行管理委员会成员François Villeroy de Galhau重申，尽管连续八次降息，但央行仍准备在必要时迅速采取利率行动，他说这一系列降息使货币政策“正常化”。尽管最近的降息达到了预期，但欧洲央行行长克里斯蒂娜·拉加德表示，宽松周期可能即将结束。在2025年5月欧元区通货膨胀率降至1.9%之后，存款便利率目前为2%。与此同时，欧元区经济在2025年第一季度增长了0.6%，这是自2022年第三季度以来最强劲的季度增长。

Italy’s 10-year BTP yield climbed back above 3.45%, rebounding from a four-month low of 3.43% reached on June 9, as investors assessed recent commentary from European Central Bank officials and awaited developments in US-China trade negotiations. ECB Governing Council member François Villeroy de Galhau reaffirmed the central bank’s readiness to act swiftly on interest rates if necessary, despite eight consecutive rate cuts—a sequence he said had "normalized" monetary policy. While the latest rate cut met expectations, ECB President Christine Lagarde suggested that the easing cycle may be nearing its end. The deposit facility rate now stands at 2%, following a decline in Eurozone inflation to 1.9% in May 2025. Meanwhile, the Eurozone economy expanded by 0.6% in the first quarter of 2025, marking the strongest quarterly growth since Q3 2022.

法国10年期OAT收益率仍高于3.2%，因为市场消化了欧洲央行官员最近关于货币政策未来方向的评论，同时也在等待恢复美中贸易休战的潜在框架的明确性。欧洲央行管理委员会成员François Villeroy de Galhau重申，即使在连续第八次降息之后，央行也随时准备在必要时迅速调整利率，他说这一系列降息有效地使政策“正常化”。尽管上周的降息符合预期，但欧洲央行行长克里斯蒂娜·拉加德暗示，宽松周期可能即将结束。在2025年5月欧元区通货膨胀率降至1.9%之后，存款便利率目前为2%。与此同时，欧盟经济在2025年第一季度实现了0.6%的强劲增长，这是自2022年第三季度以来的最快季度增长速度。

France’s 10-year OAT yield remained above 3.2% as markets digested recent comments from European Central Bank officials regarding the future direction of monetary policy, while also awaiting clarity on a potential framework to revive the US-China trade truce. ECB Governing Council member François Villeroy de Galhau reiterated that the central bank stands ready to move swiftly on rates if needed, even after delivering an eighth straight cut—a series he said had effectively "normalized" policy. Although last week’s rate cut was in line with expectations, ECB President Christine Lagarde hinted that the easing cycle may be drawing to a close. The deposit facility rate now sits at 2%, following a decline in Eurozone inflation to 1.9% in May 2025. At the same time, the bloc’s economy posted a robust 0.6% growth in Q1 2025, its fastest quarterly pace since the third quarter of 2022.

德国10年期国债收益率徘徊在2.5%以上，投资者权衡了欧洲央行官员最近关于政策前景的言论，并等待旨在恢复美中贸易休战的框架协议的进一步细节。欧洲央行政策制定者François Villeroy de Galhau强调，即使在连续第八次降息之后，央行仍保留了迅速调整利率的灵活性，他称此举使货币政策“正常化”。尽管欧洲央行最近的降息是普遍预期的，但总统克里斯蒂娜·拉加德表示，当前的宽松周期可能即将结束。在2025年5月欧元区通货膨胀率降至1.9%之后，存款便利率目前为2%。与此同时，欧元区经济在2025年第一季度增长了0.6%，这是自2022年第三季度以来最强劲的季度扩张。

The yield on the German 10-year Bund hovered just above 2.5% as investors weighed recent remarks from European Central Bank officials on the policy outlook and awaited further details on a framework agreement aimed at restoring a US-China trade truce. ECB policymaker François Villeroy de Galhau emphasized that the central bank retains the flexibility to adjust interest rates swiftly, even after delivering its eighth consecutive cut—a move he described as having "normalized" monetary policy. While the ECB’s latest rate cut was widely anticipated, President Christine Lagarde signaled that the current easing cycle may be nearing its conclusion. The deposit facility rate now stands at 2%, following a drop in Eurozone inflation to 1.9% in May 2025. Meanwhile, the Eurozone economy grew by 0.6% in the first quarter of 2025, marking the strongest quarterly expansion since Q3 2022.