2025年第二季度，澳大利亚建筑物和构筑物的私人新资本支出环比增长0.2%，低于第一季度向上修正的1.0%的增长。非采矿业增长1.4%，部分被采矿相关投资下降1.6%所抵消。按行业划分，建筑和结构的资本支出在建筑（35.6%）、专业、科学技术服务（20.1%）以及金融和保险服务（13.2%）方面的增幅最大。ABS商业统计主管Robert Ewing表示：“非采矿建筑和结构的增长是由运输、邮政和仓储、信息媒体和电信以及制造业等大型项目的支出推动的。”。各州和地区的涨幅最大的是维多利亚州（7.0%）和新南威尔士州（2.4%）。跌幅最大的是昆士兰州（-4.8%）和南澳大利亚州（-3.5%）。第二季度，建筑和构筑物支出同比增长4.3%，而第一季度修正后增长了0.6%

Private new capital expenditure on buildings and structures in Australia rose by 0.2% q-o-q in Q2 2025, slowing from an upwardly revised 1.0% growth in Q1. Non-mining industries saw a 1.4% increase, partially offset by a 1.6% decline in mining-related investment. By industry, capital expenditure on buildings and structures recorded the largest gains in construction (35.6%), professional, scientific & technical services (20.1%), and financial and insurance services (13.2%). “The growth in non-mining buildings and structures was driven by spending on large projects in transport, postal and warehousing, information media and telecommunications, and manufacturing,” said Robert Ewing, Head of Business Statistics at the ABS. The largest rises for states and territories were in Victoria (7.0%) and New South Wales (2.4%). The largest falls were in Queensland (-4.8%) and South Australia (-3.5%). Yearly, spending on buildings and structures climbed by 4.3% in Q2, after a revised 0.6% rise in Q1

2025年第二季度，澳大利亚的新资本支出总额环比增长0.2%，低于市场对0.7%扩张的预期。此前，上一季度出现了0.2%的向上修正跌幅。这一增长是由设备、厂房和机械支出增长0.3%以及建筑和结构投资增长0.2%推动的。非采矿业投资增长（0.9%），而采矿业投资下降（-1.4%）。从地理上讲，维多利亚州增长最快（7.0%），其次是新南威尔士州（2.4%）、北领地（0.6%）和塔斯马尼亚州（0.2%）。相比之下，澳大利亚首都直辖区（-6.8%）、昆士兰州（-4.8%），南澳大利亚州（-3.5%）和西澳大利亚州（-0.1%）出现下降。截至6月，私人资本支出在第一季度上调0.6%后，全年增长1.7%。

Total new capital expenditure in Australia rose by 0.2% quarter-on-quarter in Q2 2025, falling short of market expectations for a 0.7% expansion. This followed an upwardly revised 0.2% decline in the previous quarter. The increase was driven by a 0.3% gain in spending on equipment, plant, and machinery, along with a 0.2% rise in investment in buildings and structures. Investment grew in non-mining industries (0.9%) while the mining sector fell (-1.4%). Geographically, Victoria recorded the fastest increase (7.0%), followed by New South Wales(2.4%), Northern Territory (0.6%), and Tasmania (0.2%). In contrast, the Australian Capital Territory (-6.8%), Queensland (-4.8%), South Australia (-3.5%), and Western Australia (-0.1%) posted declines. On an annual basis, private capital expenditure climbed by 1.7% through the year to June, following an upwardly revised 0.6% contraction in Q1.

周四，标准普尔/澳交所200指数在8960左右波动，投资者消化了大量新的公司更新。矿业、医疗保健和科技股拖累指数，均下跌1%至2.5%。Telix Pharmaceuticals股价下跌超过17%，至一年低点，此前美国食品药品监督管理局（FDA）指出其肾脏癌症药物数据存在缺口，而South32股价下跌3.1%，至三个月低点，尽管氧化铝业务推动利润飙升75%，但由于收益未达到预期，股息被削减。此外，Wisetech在盈利预测疲软后将亏损扩大了5%。从好的方面来看，Lynas Rare Earths在公布4.87亿美元的融资后小幅上涨，尽管利润大幅下滑，Telstra Group在5.5亿欧元债券发行计划中上涨了近19%，NAB在任命新首席财务官后上涨了1.5%，使金融业上涨了0.7%。市场还拖累了7月份更热的通胀数据，使央行不太可能在9月份再次降息，并押注于今年晚些时候的举措。

The S&P/ASX 200 fluctuated to around 8,960 on Thursday, as investors digested a raft of fresh corporate updates. Miners, healthcare, and tech stocks dragged the index, each down 1% to 2.5%. Telix Pharmaceuticals tumbled over 17% to a one-year low after the FDA flagged gaps in its kidney cancer drug data, while South32 slid 3.1% to a three-month low despite posting a 75% profit surge driven by alumina operations, as earnings missed estimates and dividends were trimmed. Additionally, Wisetech extended losses by 5% after a weak earnings forecast. On the upside, Lynas Rare Earths edged higher after unveiling a $487 million capital raising despite a sharp profit slump, Telstra Group jumped nearly 19% on plans for a €550 million bond issue, and NAB rose 1.5% after appointing a new CFO, lifting the financial sector by 0.7%. Market also weighed hotter July inflation data, making the central bank less likely to deliver another rate cut in September and bets toward a move later in the year.

欧元/美元、美元/日元和澳元/美元预测——周三早盘美元小幅走强。美元目前继续出现很多噪音，并在市场早期试图走强。此时此刻，市场仍在试图弄清楚美联储的削减可能意味着什么。

EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Slightly Stronger in Early Wednesday Trading.The US dollar continues to see a lot of noise at the moment, and it is trying to strengthen in the early market hours. At this point in time, this is a market that is still trying to sort out what Fed cuts might mean.