俄罗斯卢布/人民币 (RUBCNY) 加自选

周四，上证综指下跌0.24%，至3342点，深证成分股下跌1.4%，至10365点。在美国总统唐纳德·特朗普宣布对中国征收34%的互惠关税后，内地股市收窄了两天的涨幅，加剧了世界两大经济体之间的贸易冲突。白宫澄清说，34%的关税是在现有的20%关税之上征收的，将中国商品的总关税提高到54%。作为回应，中国商务部表示，正在准备反制措施以保护其经济利益，同时敦促华盛顿取消单方面关税并参与公平贸易谈判。科技股和新能源股领跌，Luxshare Precision（-10%）、Eoptolink Technology（-6.8%）、Victory Giant（-9.5%）、Contemporary Amperex（-2.4%）和Sungrow Power（-7.3%）大幅下跌。

The Shanghai Composite fell 0.24% to 3,342, while the Shenzhen Component dropped 1.4% to 10,365 on Thursday, as mainland stocks snapped a two-day advance following US President Donald Trump’s announcement of a 34% reciprocal tariff on China, escalating the trade conflict between the world’s two largest economies. The White House clarified that the 34% tariff comes on top of the existing 20% levies, raising total tariffs on Chinese goods to 54%. In response, China’s Commerce Ministry stated that it is preparing countermeasures to protect its economic interests while urging Washington to revoke its unilateral tariffs and engage in fair trade negotiations. Technology and new energy stocks led the decline, with sharp losses from Luxshare Precision (-10%), Eoptolink Technology (-6.8%), Victory Giant (-9.5%), Contemporary Amperex (-2.4%), and Sungrow Power (-7.3%).

标准普尔全球俄罗斯服务业采购经理人指数从2月份的50.5降至2025年3月的50.1，这是自去年6月该指数出现收缩以来该行业最温和的扩张。最新数据也标志着服务业连续第九个月增长，但在需求疲软的情况下几乎停滞不前。由于购买力减弱，新业务增长连续第二个月放缓。在新订单增长疲软的情况下，产出水平几乎没有变化。就业人数自2023年7月以来首次下降，为两年多来的最大降幅，而积压的工作已连续第五个月增加。在价格方面，由于刺激新销售的努力，投入成本通胀降至2020年7月以来的第二低水平，而产出通胀放缓至2021年1月以来的最低水平。最后，由于对需求状况增强的希望，商业信心改善至10个月高点。

The S&P Global Russia Services PMI declined to 50.1 in March 2025, down from 50.5 in February, marking the softest expansion in the sector since last June, when the index posted a contraction. The latest reading also marked the ninth consecutive month of growth in the services sector, but nearly stagnation, amid muted demand conditions. New business growth eased for the second straight month, due to weakening purchasing power. Output levels were little changed amid softer new order growth. Employment fell for the first time since July 2023 and the sharpest in just over two years, while backlogs of work rose for the fifth month running. On prices, input cost inflation eased to the second-lowest since July 2020, while output inflation slowed to the softest since January 2021, amid efforts to stimulate new sales. Lastly, business sentiment improved to a 10-month high due to hopes of stronger demand conditions.

标准普尔全球俄罗斯综合采购经理人指数从上个月的50.4降至2025年3月的49.1，为2022年12月以来的最低水平。这也是六个月来私营部门活动的首次收缩，主要是由于服务业活动基本保持稳定，制造业产出下降。尽管服务业的新业务持续增长，但制造业新销售额的急剧下降使其黯然失色。私营部门的就业人数也有所下降，服务业的人员配备水平出现了自2023年1月以来的最大跌幅，尽管制造业的员工人数仍在继续上升。在定价方面，由于投入成本和产出费用的增长速度放缓，通胀压力有所缓解。值得注意的是，总体投入价格出现了自2020年6月以来的最低涨幅，据报道，有利的汇率变动抑制了进口商品价格上涨的影响。 .

The S&P Global Russia Composite PMI fell to 49.1 in March 2025 from 50.4 in the previous month, pointing to the lowest reading since December 2022. It was also the first contraction in private sector activity in six months, mainly driven by a decline in manufacturing output as services activity remained largely stable. Despite continued growth in new business within the service sector, it was overshadowed by a sharp decline in manufacturing new sales. Employment within the private sector also fell, with the service sector experiencing the steepest drop in staffing levels since January 2023, even as manufacturing headcounts continued to rise. On the pricing front, inflationary pressures eased, as both input costs and output charges rose at slower rates. Notably, overall input prices saw their weakest increase since June 2020, as favorable exchange rate movements reportedly curbed the impact of imported goods price hikes. .

俄罗斯标准普尔全球服务业采购经理人指数从之前的50.5降至3月份的50.1。俄罗斯标准普尔全球服务业采购经理人指数从之前的50.5降至3月份的50.1

Russia S&P Global Services PMI down to 50.1 in March from previous 50.5.Russia S&P Global Services PMI down to 50.1 in March from previous 50.5