9月份日本劳动力现金收益（年环比）达到预期（1.9%）。9月份日本劳动力现金收益（年环比）达到预期（1.9%）

Japan Labor Cash Earnings (YoY) meets forecasts (1.9%) in September.Japan Labor Cash Earnings (YoY) meets forecasts (1.9%) in September

新西兰储备银行的霍克斯比：劳动力市场的困境在预期之内。新西兰储备银行的霍克斯比：劳动力市场的困境在预期之内

RBNZ's Hawkesby: Labour market woes within expectations.RBNZ's Hawkesby: Labour market woes within expectations

随着10月份美国私人就业人数反弹，美元/日元在154.00以上走强。随着10月份美国私人就业人数反弹，美元/日元在154.00以上走强

USD/JPY gathers strength above 154.00 as US private payrolls rebound in October.USD/JPY gathers strength above 154.00 as US private payrolls rebound in October

英镑/日元价格预测：反弹至201.00以上，但上行空间有限。英镑/日元价格预测：反弹至201.00以上，但上行空间有限

GBP/JPY Price Forecast: Rebounds above 201.00 but upside limited.GBP/JPY Price Forecast: Rebounds above 201.00 but upside limited

韩国经常账户余额从9月份的9.15亿攀升至13.47亿。韩国经常账户余额从9月份的9.15亿攀升至13.47亿

South Korea Current Account Balance climbed from previous 9.15B to 13.47B in September.South Korea Current Account Balance climbed from previous 9.15B to 13.47B in September

巴西央行在11月选择将基准利率维持在15%，理由是在持续的不确定性下，需要将通货膨胀率保持在目标水平。外部因素，包括美国经济状况和全球金融波动，继续影响新兴市场，而国内增长正在放缓，但劳动力市场仍显示出活力，通胀仍高于目标。2025年和2026年的通胀预期仍高达4.5%和4.2%，而Copom预计2027年第二季度的通胀率为3.3%。央行强调了上行风险，如弹性服务通胀和汇率走弱，以及下行风险，如国内经济进一步放缓或大宗商品价格下跌。Copom强调，未来可能需要调整政策以保持价格稳定。这一决定反映了一种谨慎的态度，在控制通胀的需要与支持经济活动之间取得了平衡。

Brazil’s central bank opted to maintain its benchmark interest rate at 15% in November, citing the need to keep inflation on a path toward the target amid persistent uncertainty. External factors, including US economic conditions and global financial volatility, continue to influence emerging markets, while domestically, growth is moderating but the labor market still shows dynamism and inflation remains above the target. Inflation expectations for 2025 and 2026 remain elevated at 4.5% and 4.2%, with Copom projecting 3.3% for the second quarter of 2027. The central bank highlighted upside risks such as resilient services inflation and a weaker exchange rate, alongside downside risks like a sharper domestic slowdown or falling commodity prices. Copom emphasized that future policy adjustments may be necessary to maintain price stability. The decision reflects a cautious approach, balancing the need for inflation control with support for economic activity.

在纽约，道琼斯指数周三上涨278点，涨幅0.59%。涨幅最大的是安进（7.85%）、卡特彼勒（4.00%）和3M（2.43%）。跌幅最大的是家得宝（-2.36%）、宣伟（-2.05%）和英伟达（-1.87%）。

In New York, the Dow Jones Index rose 278 points or 0.59 percent on Wednesday. Leading the gains are Amgen (7.85%), Caterpillar (4.00%) and 3M (2.43%). Top losers were Home Depot (-2.36%), Sherwin-Williams (-2.05%) and Nvidia (-1.87%).

英镑兑欧元汇率预测：欧元受俄罗斯担忧打击。英镑兑欧元（GBP/EUR）汇率周二夜间触及两年半以来的最低水平，周三在英国经济数据走强的推动下略有回升。最新--汇率：英镑对欧元（GBP/EUR）：1.13558（+0.16%）英镑对美元（GBP/USD）：1.30513（+0.23%）欧元对美元（EUR/USD）:1.1493。

Pound-to-Euro Exchange Rate Forecast: EUR Hit by Russia Worries.The Pound to Euro (GBP/EUR) exchange rate hit its lowest level in two and a half years overnight on Tuesday before recovering slightly on Wednesday, buoyed by stronger UK economic data. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13558 (+0.16%)Pound to Dollar (GBP/USD): 1.30513 (+0.23%)Euro to Dollar (EUR/USD): 1.1493.

周三，Ibovespa指数飙升1.7%，收于创纪录的153294点，受权重股上涨和投资者等待央行政策决定的乐观企业盈利浪潮的推动。淡水河谷和巴西国家石油公司领涨，分别上涨2.1%和1.8%，尽管铁矿石和石油基准表现较弱。主要银行的表现也优于巴西银行、桑坦德银行和Bradesco，涨幅在1.9%至2.9%之间。不利的一面是，尽管盈利稳健，但CSN仍下跌了4.3%。市场现在正等待Copom将利率维持在15%的决定，重点关注该声明的语气，以寻找未来政策的线索。

The Ibovespa soared 1.7% to close at a record 153,294 on Wednesday, driven by gains in heavyweight stocks and a wave of upbeat corporate earnings as investors awaited the central bank’s policy decision. Vale and Petrobras led advances, rising 2.1% and 1.8%, respectively, despite weaker iron ore and oil benchmarks. Major lenders also outperformed with Banco Do Brasil, Santander, and Bradesco adding between 1.9% and 2.9%. On the downside, CSN lost 4.3% even after solid earnings. Markets now await Copom’s decision to keep the interest rate at 15%, focusing on the statement’s tone for clues on future policy.

新西兰央行表示，劳动力市场的困境在预期范围内。新西兰央行行长周四表示，该国劳动力市场的恶化在银行的预期范围内，此前本周的数据显示，第三季度的失业率升至2016年以来的最高水平。

New Zealand's central bank says labour market woes within expectations.New Zealand's top central banker said on Thursday that the deterioration in the country's labour market was within the bank's expectations, after data this week showed the jobless rate in the third quarter rose to the highest level since 2016.

标准普尔/多伦多证交所综合指数周三上涨1.1%，收于30104点，此前一交易日大幅下跌，大宗商品生产商的涨幅抵消了更广泛的避险基调。能源股领涨，森科尔在第三季度业绩强于预期和股息增加后飙升4.5%，而加拿大天然气公司、帝国石油公司和Cenovus也上涨。由于金价反弹，主要矿商Agnico Eagle、Wheaton Precious Metals和Barrick Gold的股价均从约2.5%上涨至3.7%。科技股也表现出色，CGI上涨5%，Celestica上涨5.1%，业绩强于预期。在宏观方面，加拿大10月份的综合采购经理人指数从9月份的46.3升至50.3，标志着自2024年11月以来私营部门的首次扩张，而总理马克·卡尼的第一份预算概述了大量的新支出，这可能会使今年的赤字增加一倍以上，达到约783亿加元。

The S&P/TSX Composite rose 1.1% to close at 30,104 on Wednesday, following a sharp selloff in the previous session as gains among commodity producers offset a broader risk-off tone. Energy led the advance, with Suncor surging 4.5% after stronger-than-expected third-quarter results and a dividend boost, while Canadian Natural, Imperial Oil and Cenovus also advanced. Major miners Agnico Eagle, Wheaton Precious Metals and Barrick Gold climbed from about 2.5% to 3.7% each on a rebound in bullion prices. Tech outperformed as well, with CGI up 5% and Celestica up 5.1% on stronger-than-expected results. On the macro front, Canada’s Composite PMI rose to 50.3 in October from 46.3 in September, marking the first private sector expansion since November 2024, while Prime Minister Mark Carney’s first budget outlined heavy new spending that could more than double this year’s deficit to roughly C$78.3 billion.

标准普尔500指数上涨0.4%，纳斯达克指数上涨0.8%，道琼斯指数上涨270点，因为买家在周二的回调后介入，最高法院对特朗普关税案的怀疑质疑降低了短期关税风险。鉴于这种怀疑，市场减少了对法院将维持关税的押注。ADP私人就业人数强于预期，小幅增长约42000人，ISM服务业指数升至八个月高点，加强了经济活动弹性的理由，并支撑了风险偏好。在股市层面，大型科技和通讯公司领涨反弹，Alphabet上涨2.4%，Meta上涨1.4%，Broadcom上涨1.8%，特斯拉上涨2.7%，因为人工智能主导的抛售暂停。然而，反弹是有选择性的，Palantir将跌幅扩大了1.5%，Super Micro Computer在前景不佳后暴跌了12.2%。

The S&P 500 gained 0.4%, the Nasdaq climbed 0.8% and the Dow Jones rose 270 points as buyers stepped in following Tuesday’s pullback and the Supreme Court’s skeptical questioning of the Trump tariff case trimmed near-term tariff risk. Markets reduced their bets that the court would uphold the tariffs in light of that skepticism. Stronger-than-expected private payrolls in ADP, which showed a modest gain of roughly 42,000, and an ISM services reading that moved to an eight-month high reinforced the case for resilient activity and underpinned risk appetite. At the stock level the rebound was led by big tech and communication names with Alphabet up 2.4%, Meta up 1.4%, Broadcom up 1.8% and Tesla up 2.7% as the AI-led selloff paused. The rally was selective however, with Palantir extending losses by 1.5% and Super Micro Computer plunging 12.2% after a weak outlook.

153美元/日元、澳元/美元在华尔街反弹的情况下保持稳定。美国ISM服务业指数强于预期，帮助华尔街指数在一夜之间企稳，缓解了人们对经济立即衰退的担忧。这使得日元回落，并为大宗商品货币提供了复苏的空间，澳元/美元和新西兰元/美元从关键支撑区反弹。

153 Remains Pivotal For USD/JPY, AUD/USD Stabilises with Wall Street Bounce.A stronger-than-expected US ISM services print helped Wall Street indices stabilise overnight, easing fears of an immediate recession. This allowed the Japanese yen to retreat and gave commodity currencies room to recover, with AUD/USD and NZD/USD bouncing from key support zones.

天然气价格预测：日内信号显示存在回调风险。天然气价格在周二区间内盘整，达到4.35-4.21美元，支撑位为4.15美元。

Natural Gas Price Forecast: Inside Day Signals Pullback Risk.Natural gas consolidated inside Tuesday's range, hitting $4.35-$4.21, with $4.15 support key.

巴西利率决定符合预期（15%）。巴西利率决定符合预期（15%）

Brazil Interest Rate Decision meets expectations (15%).Brazil Interest Rate Decision meets expectations (15%)