油价新闻：随着Glut的增长，供应过剩打击了看涨的希望。欧佩克+保持稳定，因为日益增长的海上原油供应过剩最终达到了陆上库存，加剧了整个石油市场的结构性看跌趋势。由于生产水平将持续到2026年，而且没有新的供应缓解措施，陆上库存的增加证实了供应过剩

Oil Price News: Oversupply Slams Bullish Hopes as Glut Grows.OPEC+ remains stable as the growing oversupply of offshore crude oil finally reaches onshore stocks, reinforcing a structurally bearish trend across the entire oil market. With production levels set until 2026 and no new supply relief measures on the horizon, the increase in onshore stocks confirms that the glut is

DXY：由于降息押注增加/经济数据疲软，美元继续向南移动。周一，美元指数面临更大压力，跌至两周低点，此前在今年上次政策会议上，对美联储降息的押注再次上升，因为市场正在等待美国劳工部门公布关键经济指标，这可能有助于做出这一决定。

DXY: Dollar Continues to Travel South on Growing Rate Cut Bets/Weak Economic Data.The dollar index came under increased pressure on Monday and fell to two-week low, following renewed rise in bets for Fed rate cut in the last policy meeting this year, as markets await releases of key economic indicators from the US labor sector, which could contribute to such decision.

欧元押注分歧。美元反击的企图正在被挫败。欧元因德国通胀加速而上涨，英镑在债务市场批准Rachel Reeves的预算草案后上涨，日元因预计日本央行将于12月加息而上涨。

Euro Betting on Divergence.Attempts by the US dollar to counterattack are being thwarted. The euro is rising due to accelerating German inflation, the pound is rising following the debt market's approval of Rachel Reeves' draft budget, and the yen is growing in anticipation of a rate hike by the Bank of Japan in December.

美元/日元预测：本周货币对|2025年12月1日。本周初，由于日本鹰派重新定价利率，日本债券收益率进一步上涨，日元表现出强势。在日元对中，美元/日元在伦敦交易日下午晚些时候下跌了100多点，美元普遍疲软也拖累了日元对。

USD/JPY Forecast: Currency Pair of the Week | December 1, 2025.The yen has staged an assertive bid at the start of this week, fuelled by further gains in Japanese bond yields amid a hawkish repricing of interest rates in Japan. Among the yen pairs, the USD/JPY was down over 100 pips by the late afternoon London trade, with the pair also weighed down by the general softness observed in US dollar.