日本央行Koeda：我们看到物价上涨和工资上涨方面取得进展的迹象。日本央行（BoJ）新任董事会成员Junko Koeda周三表示，“我们看到物价上涨和工资上涨方面取得进展的迹象。”

BoJ's Koeda: We are seeing signs of progress on rising prices alongside wage hikes.The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.”

美元/日元再次上涨：随着牛市的控制，日元缺乏支撑。在美国可能征收报复性关税之前，投资者正在规避风险，这可能会对日本出口造成压力，而日本出口是日本经济的关键支柱。与此同时，对包括股票和大宗商品在内的风险资产的需求进一步削弱了对避险日元的支撑。

USD/JPY Rises Again: Yen Lacks Support as Bulls Take Control.Investors are shunning risk ahead of potential US retaliatory tariffs, which could weigh on Japanese exports – a key pillar of the economy. Meanwhile, demand for risk assets, including equities and commodities, has further eroded support for the safe-haven yen.

日经225指数上涨0.65%，收于38027点，而东证指数周三上涨0.55%，收于2813点，连续第二个交易日上涨。日本股市隔夜跟随华尔街强劲上涨，这得益于对特朗普互惠关税采取不那么激进的立场的希望。与此同时，日本央行行长上田和夫告诉议会，如果经济预测得以实现，他们将继续加息。上田表示，随着从收入增加到支出增加的良性循环逐渐加强，经济增长已超过预期。消费类股领涨，任天堂（5.3%）、索尼集团（2.3%）和迅销（1.5%）强劲上涨。科技股也显著上涨，包括迪斯科公司（2.6%）、德纳公司（2.1%）和东京电子（1.6%）。

The Nikkei 225 Index climbed 0.65% to close at 38,027, while the Topix Index added 0.55% to 2,813 on Wednesday, marking their second consecutive session of gains. Japanese stocks followed a strong Wall Street lead overnight, buoyed by hopes of a less aggressive stance on Trump’s reciprocal tariffs. Meanwhile, Bank of Japan Governor Kazuo Ueda told parliament that they will continue raising interest rates if economic projections are realized. Ueda said that growth has exceeded forecasts as the positive cycle from rising income to increased spending gradually strengthened. Consumer stocks led the advance, with strong gains from Nintendo (5.3%), Sony Group (2.3%), and Fast Retailing (1.5%). Technology stocks also posted notable gains, including Disco Corp (2.6%), Dena Co (2.1%), and Tokyo Electron (1.6%).

在东京，日经225指数周三上涨373点，涨幅0.99%。涨幅最大的是住友金属矿业（5.60%）、柯尼卡美能达（5.34%）和三井矿业冶炼（4.55%）。最大的损失来自京成电气铁路（-3.73%）、三菱重工（-2.71%）和日本钢铁厂（-2.67%）。

In Tokyo, the Nikkei 225 Index went up by 373 points or 0.99 percent on Wednesday. Top gainers were Sumitomo Metal Mining (5.60%), Konica Minolta (5.34%) and Mitsui Mining & Smelting (4.55%). Biggest losses came from Keisei Electric Railway (-3.73%), Mitsubishi Heavy Industries (-2.71%) and Japan Steel Works (-2.67%).