周一，澳元微涨至0.66美元左右，延续了上周的涨幅，因为投资者消化了最新的通胀报告。墨尔本研究所的月度通胀指标显示，2025年9月增长了0.4%，从8月的0.3%下降反弹。反弹强化了第三季度通胀可能比预期更高的迹象，尽管澳大利亚储备银行试图将价格增长保持在2-3%的目标范围内。央行在9月份将利率稳定在3.6%，但指出，在劳动力市场紧张的情况下，通货膨胀仍然顽固，尤其是在市场服务领域。尽管大多数经济学家仍预计11月降息，2026年再次降息，但市场仍持谨慎态度，预计下个月降息的可能性仅为40%。投资者现在将注意力转向本周澳大利亚储备银行官员的演讲，预计这些演讲将进一步了解央行的政策前景。

The Australian dollar edged higher to around $0.66 on Monday, extending gains from the previous week as investors digested the latest inflation report. The Melbourne Institute’s Monthly Inflation Gauge showed a 0.4% increase in September 2025, rebounding from a 0.3% fall in August. The rebound reinforces signs that Q3 inflation may prove hotter than expected, even as the RBA seeks to maintain price growth within its 2–3% target range. The central bank held rates steady at 3.6% in September but noted that inflation remains stubborn—especially in market services—amid a tight labour market. While most economists still expect a rate cut in November and another in 2026, markets remain cautious, pricing in just a 40% probability of a cut next month. Investors are now turning their attention to speeches from RBA officials this week, which are expected to provide further insight into the central bank’s policy outlook.

标准普尔/澳交所200指数周一微涨0.1%，至8992点，延续了上周的涨幅，并保持在一个多月来的最高水平。投资者消化了墨尔本研究所的最新月度通胀指标，该指标显示，2025年9月环比增长0.4%，从前一个月的0.3%下降反弹。最新数据表明，尽管澳大利亚储备银行努力将通货膨胀率控制在2-3%的目标范围内，但第三季度的通货膨胀可能会比预期的更为严重。投资者现在将注意力转向澳大利亚储备银行官员本周的讲话，预计这些讲话将在最新通胀数据公布后进一步了解央行的政策前景。受大宗商品价格坚挺的提振，黄金矿商继续支撑该指数。Evolution Mining上涨2.2%，而Northern Star Resources上涨1.9%。相反，显著的落后者包括Xero Limited（-1.7%）、REA Group Ltd（-1.5%）和Wisetech（-1.3%）。

The S&P/ASX 200 edged up by 0.1% to 8,992 on Monday, extending gains from the previous week and holding at its highest level in more than a month. Investors digested the latest Monthly Inflation Gauge from the Melbourne Institute, which showed a 0.4% month-over-month increase in September 2025, rebounding from a 0.3% fall in the prior month. The latest figure suggests that Q3 inflation may come in hotter than anticipated, despite the Reserve Bank of Australia's efforts to keep inflation within its 2–3% target range. Investors are now turning their attention to speeches from RBA officials this week, which are expected to provide further insight into the central bank’s policy outlook following the latest inflation data. Gold miners continued to support the index, buoyed by firm commodity prices. Evolution Mining rose 2.2%, while Northern Star Resources gained 1.9%. Conversely, notable laggards included Xero Limited (-1.7%), REA Group Ltd (-1.5%), and Wisetech (-1.3%).

墨尔本研究所编制的澳大利亚月度通胀指标在2025年9月环比上涨0.4%，扭转了前一个月0.3%的下降趋势。这一反弹进一步表明，尽管澳大利亚储备银行的目标是将价格增长保持在2-3%的目标范围内，但第三季度的通胀可能会比预期更高。央行在9月份将现金利率维持在3.6%，但警告称，通货膨胀比预期更为持续，特别是在市场服务方面，而劳动力市场仍然紧张。董事会今年已经三次降息，每次都是在季度通胀数据公布后，以支持经济增长。尽管澳大利亚的年通货膨胀率在2025年第二季度降至2.1%，为2021年初以来的最低水平，但在国家电力回扣到期后，8月份的月度CPI同比上涨3.0%，为13个月来的最高水平。

Australia’s Monthly Inflation Gauge, compiled by the Melbourne Institute, rose 0.4% month-over-month in September 2025, reversing a 0.3% decline in the previous month. The rebound adds to signs that Q3 inflation could come in hotter than expected, even as the Reserve Bank of Australia aims to keep price growth within its 2–3% target range. The central bank held the cash rate at 3.6% in September but cautioned that inflation had been more persistent than anticipated, particularly in market services, while the labor market remained tight. The board has already cut rates three times this year, each time after quarterly inflation data releases, to support growth. Although Australia’s annual inflation eased to 2.1% in Q2 2025—the lowest since early 2021—the monthly CPI jumped 3.0% year-on-year in August, the highest in 13 months, following the expiry of state electricity rebates.

澳元、澳交所、澳元债券交易员-今天是澳大利亚的（某种）假期。今天是澳大利亚主要市场中心悉尼的假期（对不起，墨尔本）。市场是开放的，但随着悉尼的退出，利息和流动性将减少。

AUD, ASX, Aussie bond traders - it's a (sort of) holiday in Australia today.It's a holiday in Australia's major market centre of Sydney today (sorry Melbourne). Markets are open but interest and liquidity is going to be diminished with Sydney out.