周一，标准普尔/澳交所200指数下跌0.22%，收于8437点，从历史高点回落，权重银行领跌。周五，在美国零售销售数据令人失望之后，澳大利亚市场也从华尔街的疲软领先中得到启示。在国内，投资者正密切关注澳大利亚储备银行本周的政策决定，该决定可能听起来很鹰派，因为削减后的平均通胀率仍高于2%-3%的目标范围。在企业新闻方面，西太平洋银行在报告净利润下降和利润率收紧后下跌了4%以上。该行首席执行官指出，持续的生活成本压力继续削弱消费者的消费能力。其他主要银行也出现大幅亏损，联邦银行下跌0.3%，澳新银行下跌0.4%，澳大利亚国民银行下跌1.2%。此外，由于大宗商品价格下跌，矿业和能源股面临严重亏损。

The S&P/ASX 200 Index fell 0.22% to close at 8,437 on Monday, retreating from record highs, with heavyweight banks leading the decline. Australian markets also took cues from a weak lead on Wall Street on Friday, following disappointing US retail sales data. Domestically, investors are closely watching the Reserve Bank of Australia's policy decision this week, where it could potentially sound hawkish as trimmed mean inflation remains above the 2%-3% target range. In corporate news, Westpac Banking saw an over 4% drop after reporting lower net profit and tighter margins. The bank’s CEO pointed to ongoing cost-of-living pressures that continue to erode consumer spending power. Other major banks also posted significant losses, with Commonwealth Bank down 0.3%, ANZ Group off 0.4%, and NAB slipping 1.2%. Moreover, mining and energy stocks faced heavy losses, weighed down by declining commodity prices.

澳大利亚10年期政府债券收益率升至4.49%左右，投资者等待澳大利亚储备银行即将出台的货币政策决定。人们普遍预计澳大利亚储备银行将把现金利率从目前的4.35%下调25个基点。然而，央行的声明可能会采取鹰派基调，因为削减后的平均通胀率仍高于2%-3%的目标区间。此外，最近的数据显示，2月份澳大利亚消费者通胀预期攀升至4.6%的十个月高点，为去年4月以来的最高水平，高于1月份的4%。交易员们还为周三的工资数据和周四的就业数据做好了准备，而包括行长米歇尔·布洛克在内的澳大利亚储备银行高级官员将于周五出席议会，讨论最新的利率决定。在美国，上周零售销售意外下滑，导致投资者预计美联储今年至少会降息两次。

Australia’s 10-year government bond yields rose to around 4.49% as investors awaited the Reserve Bank of Australia's upcoming monetary policy decision. The RBA is widely expected to lower its cash rate by 25 bps from the current 4.35%. However, the central bank’s statement may take a hawkish tone, as trimmed mean inflation remains above the 2%-3% target range. Additionally, recent data showed Australian consumer inflation expectations climbed to a ten-month high of 4.6% in February, the highest since last April, up from 4% in January. Traders also braced for wage data on Wednesday and employment figures on Thursday, while RBA senior officials, including Governor Michele Bullock, are set to appear before Parliament on Friday to discuss the latest rate decision. In the US, a downside surprise in retail sales last week led investors to anticipate at least two rate cuts from the Federal Reserve this year.

澳元/日元价格预测：看跌前景在96.50附近保持不变。澳元/日元价格预测：看跌前景在96.50附近保持不变

AUD/JPY Price Forecast: Bearish outlook remains intact near 96.50.AUD/JPY Price Forecast: Bearish outlook remains intact near 96.50

周一，澳元兑美元汇率升至0.635美元以上，创下两个月新高，投资者正在为澳大利亚储备银行即将出台的货币政策决定做准备。人们普遍预计澳大利亚储备银行将把现金利率从目前的4.35%下调25个基点。然而，鉴于削减后的平均通胀率仍高于2%-3%的目标范围，央行随附的声明可能会采取鹰派基调。最近的数据还显示，2月份澳大利亚消费者通胀预期攀升至4.6%的十个月高点，高于1月份的4%。在全球方面，澳元受益于美国经济数据疲软和全球贸易战担忧减少导致的美元普遍疲软。

The Australian dollar rose above $0.635 on Monday, reaching a two-month high as investors prepared for the Reserve Bank of Australia’s upcoming monetary policy decision. The RBA is widely expected to cut its cash rate by 25 basis points from its current 4.35%. However, the central bank’s accompanying statement could take on a hawkish tone, given that trimmed mean inflation remains above the 2%-3% target range. Recent data also revealed that Australian consumer inflation expectations climbed to a ten-month high of 4.6% in February, up from 4% in January. On the global front, the Aussie dollar benefited from broad US dollar weakness, driven by softening US economic data and reduced fears of a global trade war.