野村欧元兑瑞士法郎预测：到2025年11月，欧元目标为0.9750。欧元兑瑞士法郎（EUR/CHF）汇率在8月份升至0.9450附近的四个月高点，然后稳定在0.9400以上。野村证券对瑞士法郎持看跌立场，并在10月底前维持0.9750的目标。

Nomura Euro to Swiss Franc Forecast: EUR Target 0.9750 by November 2025.The Euro to Swiss franc (EUR/CHF) exchange rate strengthened to four-month highs near 0.9450 in August before settling above the 0.9400 level. Nomura maintains a bearish stance on the Swiss franc and maintains a target of 0.9750 by the end of October.

土耳其退出外汇保护存款计划。土耳其正在结束一项保护存款免受货币贬值影响的计划，该计划估计耗资600亿美元，这是放弃几年前引发里拉危机的非正统经济政策的又一步。

Turkey exits FX-protected deposit scheme.Turkey is ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, in another step to abandon unorthodox economic policies that triggered a lira crisis several years ago.

市场每周展望-美联储主席支点在美国个人消费支出和日本通胀数据公布前引发反弹。周五，在美联储主席杰罗姆·鲍威尔在杰克逊霍尔研讨会上的演讲中暗示可能降息后，华尔街主要指数飙升。

Markets Weekly Outlook – Fed Chair Pivot Ignites Rally Ahead of US PCE and Japanese Inflation Data.Wall Street's main indexes surged on Friday after Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during his speech at the Jackson Hole Symposium.

每周底线：美联储主席鲍威尔为降息敞开大门。长期以来，我们一直认为，加拿大经济疲软带来的经济疲软将有助于缓解通胀压力，抵消对美国商品征收报复性关税、努力使出口多样化而远离美国以及加拿大公司寻求新供应商对消费者价格的推高。7月份的通胀数据与这一说法非常吻合。

The Weekly Bottom Line: Fed Chair Powell Opens Door for Rate Cuts.We have long believed that economic slack from a softening Canadian economy would help ease inflationary pressures, counterbalancing the upward push on consumer prices caused by retaliatory tariffs on U.S. goods, efforts to diversify exports away from the U.S., and Canadian firms seeking new suppliers. The July inflation data aligned closely with this narrative.

每周经济与金融评论：鲍威尔对9月降息持开放态度。随着市场为鲍威尔主席在杰克逊霍尔的演讲做准备，住房是本周关注的焦点。总而言之，7月份现房销售和房屋开工的上行惊喜掩盖了住宅活动的疲软趋势。

Weekly Economic & Financial Commentary: Powell Keeps Options Open for September Rate Cut.Housing was the focus of attention this week as markets prepared for Chair Powell's speech at Jackson Hole. All told, upside surprises in existing home sales and housing starts during July conceal a weakening trend in residential activity.

墨西哥10年期政府债券收益率降至8.88%，为2023年8月以来的最低水平。在过去的4周里，墨西哥10年期债券收益率下降了46.00个基点，在过去的12个月里，它下降了54.90个基点。

Mexico 10 Year Government Bond Yield decreased to 8.88%, the lowest since August 2023. Over the past 4 weeks, Mexico 10Y Bond Yield lost 46.00 basis points, and in the last 12 months, it decreased 54.90 basis points.

鲍威尔发出9月美联储降息信号，大宗商品价格飙升。官方消息：等待已经结束。美联储最受期待的2025年政策转变终于到来，为几十年来大宗商品市场最有利可图的机会打开了大门。

Commodity Prices Surge As Powell Signals September Fed Rate Cut.It's official: the wait is over. The Federal Reserve's most anticipated policy shift of 2025 has finally arrived – opening the door to what could be the most lucrative opportunity in the Commodity markets in decades.

天然气价格预测：每周细分证实熊市趋势。随着天然气价格跌至2.69美元，势头加速，表明周线图上已确认的熊市趋势，并增加了进一步下行目标的风险。

Natural Gas Price Forecast: Weekly Breakdown Confirms Bear Trend.Momentum accelerated in natural gas as prices fell to $2.69, signaling a confirmed bear trend on the weekly chart and raising risks of deeper downside targets.

巴西为受美国关税影响的公司提供19亿美元的新信贷额度。巴西国家开发银行BNDES周五宣布，为受美国高额关税影响的公司提供100亿雷亚尔（18.5亿美元）的新信贷额度。

Brazil unveils new $1.9 billion credit line for companies hit by US tariffs.Brazil's state development bank BNDES announced on Friday a fresh credit line of 10 billion reais ($1.85 billion) for companies affected by steep U.S. tariffs.

在纽约，道琼斯指数周五上涨846点，涨幅1.89%。卡特彼勒（4.10%）、家得宝（3.84%）和高盛（3.61%）领涨。

In New York, the Dow Jones Index gained 846 points or 1.89 percent on Friday. Gains were led by Caterpillar (4.10%), Home Depot (3.84%) and Goldman Sachs (3.61%).

investingLive Americas外汇新闻报道8月22日：市场对鲍威尔倾斜表示欢迎（目前）。美联储主席杰罗姆·鲍威尔在杰克逊霍尔研讨会上发表了备受期待的讲话，为市场提供了有关美联储在9月联邦公开市场委员会会议前的政策立场的新见解。他的言论承认劳动力市场存在“奇怪的平衡”，尽管关税驱动的通胀压力持续存在，美联储在平衡其双重任务方面仍面临挑战。

investingLive Americas FX news wrap 22 Aug: Markets cheer on Powell tilt (for now).Fed Chair Jerome Powell delivered his highly anticipated address at the Jackson Hole symposium, offering markets fresh insight into the central bank's policy stance heading into the September FOMC meeting. His remarks acknowledged a “curious balance” in the labor market, persistent though tariff-driven inflation pressures, and the Fed's ongoing challenge of balancing its dual mandate.

周五，Ibovespa指数飙升2.6%，收于137968点，在美联储主席杰罗姆·鲍威尔（Jerome Powell）的杰克逊霍尔（Jackson Hole）言论提高了9月份在美国劳动力市场降温迹象下降息的可能性后，全球风险反弹推动该指数达到一个多月高点。主要银行领涨，巴西银行、桑坦德银行、Itaúsa和Bradesco上涨2.6%至4.4%，而对更容易融资的希望也提振了大宗商品股，使淡水河谷上涨约2.5%。圣保罗交易所本周上涨1.2%。

The Ibovespa surged 2.6% to close at 137,968 on Friday, reaching over one-month highs propelled by a global risk rally after Fed Chair Jerome Powell’s Jackson Hole remarks raised the odds of a September rate cut amid signs of a cooling US labor market. Major banks led the advance with Banco do Brasil, Banco Santander, Itaúsa and Bradesco rising between 2.6% and 4.4%, while hopes for easier financing also buoyed commodity names and lifted Vale about 2.5%. For the week the São Paulo exchange posted a gain of 1.2%.

美国主要股指为鲍威尔演讲欢呼。美国主要股指大幅上涨，流入小盘股罗素2000指数的资金以3.86%的涨幅领先。这是该指数自4月9日以来的最大涨幅。

US major indices cheer on the Powell speech.Major US stock indices moved sharply higher with the flow of funds heading into the small-cap Russell 2000 leading the way with a gain of 3.86%. The gain was the largest for the index since April 9.

巴拉圭中央银行在8月份的会议上一致决定将政策利率保持在6%。委员会强调了有利的国内经济指标，巴拉圭6月份的月度经济活动增长了4.8%，商业活动增长了5.6%，这得益于服务业、制造业和农业的支持。通货膨胀保持温和，月增长0.4%，年增长4.3%，而核心通货膨胀率为3.8%，符合预期。在外部方面，全球经济增长预测有所改善，大宗商品价格呈现喜忧参半的趋势，美国劳动力数据增加了美联储9月份降息的可能性。货币政策委员会强调，预计2025年通货膨胀率将保持在目标范围内，预计2026年将趋同于3.5%。委员会重申其对价格稳定的承诺，并将继续监测国内和国际发展，以确保实现政策目标。

The Central Bank of Paraguay unanimously decided to keep the policy interest rate at 6% in its August meeting. The committee highlighted favorable domestic economic indicators, with Paraguay’s monthly economic activity growing 4.8% in June and business activity up 5.6%, supported by services, manufacturing, and agriculture. Inflation remained moderate, with a monthly increase of 0.4% and an annual rate of 4.3%, while core inflation stood at 3.8%, in line with expectations. On the external front, global economic growth projections improved, commodity prices showed mixed trends, and US labor data increased the likelihood of a Federal Reserve rate cut in September. The MPC emphasized that inflation is expected to remain within target for 2025, with convergence toward 3.5% projected for 2026. The committee reaffirmed its commitment to price stability and will continue monitoring domestic and international developments to ensure policy goals are met.

周五，美联储主席鲍威尔在杰克逊霍尔演讲中暗示9月降息的可能性后，美国股市飙升，引发了自4月以来最强劲的跨资产反弹。标准普尔500指数和纳斯达克指数分别上涨1.5%和1.9%，而道琼斯指数飙升846点，创下盘中新高。鲍威尔在美联储年度杰克逊霍尔研讨会上发表讲话时指出，经济风险平衡的变化“可能需要调整我们的政策立场”，同时警告通胀压力依然存在。交易员们迅速加大了对9月份降息25个基点至约91%的押注。科技股表现强劲，特斯拉上涨6.2%，Meta、Alphabet和亚马逊各上涨2%以上，而英伟达上涨1.7%。英特尔股价飙升5.5%，此前有报道称特朗普政府计划收购该芯片制造商10%的股份。此次反弹使市场从早些时候与大型科技股相关的疲软中复苏，使道琼斯指数和标准普尔500指数每周上涨，并减少了纳斯达克指数的跌幅。

US stocks soared on Friday after Fed Chair Powell signaled the possibility of a September rate cut during his Jackson Hole speech, sparking the strongest cross-asset rally since April. The S&P 500 and Nasdaq climbed 1.5% and 1.9%, respectively, while the Dow Jones surged 846 points to a record intraday high. Speaking at the Fed’s annual Jackson Hole Symposium, Powell noted that the shifting balance of risks in the economy “may warrant adjusting our policy stance,” while cautioning that inflation pressures remain. Traders quickly ramped up bets on a 25 bps rate cut in September to roughly 91%. Tech the strength, with Tesla jumping 6.2% and Meta, Alphabet, and Amazon each gaining over 2%, while Nvidia rose 1.7%. Intel shares soared 5.5% after reports the Trump administration plans to take a 10% stake in the chipmaker. The rally allowed markets to recover from earlier weakness tied to megacap tech, leaving the Dow and S&P 500 with weekly gains and trimming the Nasdaq’s losses.