澳大利亚PMI综合指数飙升至53.6，但通胀担忧挥之不去。7月份，澳大利亚私营部门扩张更为强劲，标准普尔全球综合采购经理人指数从51.6升至53.6。服务业从51.8急剧上升到53.8。

Australia PMI composite surges to 53.6, but inflation concerns linger.Australia's private sector expanded more strongly in July, with the S&P Global Composite PMI rising from 51.6 to 53.6. Services led the way with a sharp rise from 51.8 to 53.8.

周四，澳元走强至0.661美元左右，延续了五个交易日的涨势，达到去年11月以来的最高水平，这得益于对最新全球贸易发展的乐观情绪。据欧盟委员会官员称，据报道，美国和欧盟即将达成一项贸易协议，对大多数进口商品征收15%的关税，同时免除部分商品的关税。财政部长斯科特·贝森特也证实，美国和中国官员下周将在斯德哥尔摩举行进一步会谈。这些发展是在最近的美日关税协议之后出现的，该协议有助于缓解全球贸易紧张局势。美国还与菲律宾和印度尼西亚达成了单独的协议。在澳大利亚，7月份的商业活动以2022年4月以来的最快速度扩张，这得益于三个月来制造业产出的首次增长和服务业的急剧加速，这是由强劲的新订单和持续的招聘推动的，尽管出口需求仍然疲软，商业信心减弱。

The Australian dollar strengthened to around $0.661 on Thursday, extending its five-session rally to hit its highest level since November last year, fueled by optimism over latest global trade developments. The US and EU are reportedly close to a trade deal that would impose 15% tariffs on most imports while waiving duties on select items, according to European Commission officials. Treasury Secretary Scott Bessent also confirmed that US and Chinese officials will meet in Stockholm next week for further talks. These developments follow a recent US–Japan tariff agreement that helped ease global trade tensions. The US has also secured separate deals with the Philippines and Indonesia. In Australia, business activity expanded at its fastest rate since April 2022 in July, boosted by the first rise in manufacturing output in three months and a sharp acceleration in services, fueled by strong new orders and ongoing hiring—even as export demand remained weak and business confidence softened.

标准普尔/澳交所200指数周四开盘持平，至8730点左右，结束了连续两个交易日的上涨，因为金矿商的损失抵消了医疗保健的涨幅。黄金股下跌至2.6%，为7月16日以来的最大跌幅，因全球贸易协议报告后金价延续下跌。据报道，美国和欧盟即将对大多数进口商品征收15%的关税，以避免更广泛的贸易战，此前最近美日关税协议有助于缓解全球贸易紧张局势。与此同时，CSL（0.7%）和Telix（1.8%）等医疗保健类股上涨。权重矿商Fortescue也飙升至4.9%，达到2月以来的最高水平，此前该公司公布了第四季度创纪录的铁矿石出货量。在经济数据方面，7月份，澳大利亚商业活动以2022年4月以来的最快速度扩张，这得益于三个月来制造业产出的首次增长和服务业的急剧加速，这是由强劲的新订单和持续的招聘推动的，尽管出口需求仍然疲软，商业信心减弱。

The S&P/ASX 200 started flat to around 8,730 on Thursday, halting its two-session win streak, as losses in gold miners offset gains in healthcare. Gold stocks slid up to 2.6%, their steepest drop since July 16, as bullion extended losses after reports of global trade deals. The US and EU are reportedly close to imposing a 15% tariff on most imports to avoid a broader trade war, following a recent US–Japan tariff agreement that helped ease global trade tensions. Meanwhile, healthcare stocks such as CSL (0.7%) and Telix (1.8%) gained. Heavyweight miner Fortescue also surged up to 4.9% to its highest since February—after reporting record Q4 iron ore shipments. On the economic data front, Australian business activity expanded at its fastest rate since April 2022 in July, boosted by the first rise in manufacturing output in three months and a sharp acceleration in services, fueled by strong new orders and ongoing hiring—even as export demand remained weak and business confidence softened.

由于第三季度初商业活动加速增长，达到16个月来的最快速度，标准普尔全球闪电澳大利亚服务业PMI商业活动指数从6月份的51.8升至7月份的53.8。服务业活动的增长是私营部门整体扩张的关键驱动力。在不断扩大的客户群和成功的业务发展的支持下，新服务订单急剧增加，促成了三年多来最强劲的新订单流入。尽管投入成本上升，但服务提供商的提价速度比6月份快，反映出成本通胀压力加大。服务业出口订单在数月下降后趋于稳定，在更广泛的挑战中提供了一些缓解。虽然整体商业情绪保持积极，但由于不确定性增加，信心降至去年11月以来的最低水平。

The S&P Global Flash Australia Services PMI Business Activity Index rose to 53.8 in July, up from 51.8 in June, due to accelerated business activity growth at the start of the third quarter, reaching its fastest pace in 16 months. This rise in services activity was a key driver behind the overall expansion in the private sector. New service orders increased sharply, supported by expanding customer bases and successful business development, contributing to the strongest inflow of new orders in over three years. Despite rising input costs, service providers raised their prices at a faster rate than in June, reflecting stronger cost inflation pressures. Export orders in services stabilized after months of decline, providing some relief amid broader challenges. While overall business sentiment remained positive, confidence eased to its lowest level since last November due to increased uncertainty.