新西兰基准标准普尔/NZX 50指数周三下跌1%，收于11903点，标志着连续第二个交易日下跌，因为对关税对全球经济影响的担忧继续主导着投资者情绪。在当地，疲软的经济数据进一步抑制了市场情绪。澳新银行的调查显示，4月份新西兰的商业信心降至9个月低点，大多数前瞻性活动指标都受到关税担忧的拖累。新西兰最大贸易伙伴中国的最新数据显示，4月份制造业活动收缩，扭转了两个月的复苏，这加剧了市场的悲观情绪。医疗服务行业领跌市场，Ryman Healthcare和Summerset Group分别下跌5.6%和2.2%。在大盘股中，奥克兰国际机场（-3.3%）、Mercury NZ（-2.1%）、Contact Energy（-2.6%）和A2 Milk（-1%）的跌幅显著。

New Zealand's benchmark S&P/NZX 50 index tumbled 1% to close at 11,903 on Wednesday, marking its second straight session of losses, as concerns about the impact of tariffs on the global economy continued to dominate investor sentiment. Locally, sentiment was further dampened by weak economic data. ANZ Bank survey showed New Zealand’s business confidence dropped to a nine-month low in April, with most forward-looking activity indicators weighed down by tariff worries. Adding to the gloom, fresh data from China—New Zealand’s largest trading partner—showed a contraction in manufacturing activity for April, reversing two months of recovery. The health services sector led the market downturn, with Ryman Healthcare and Summerset Group shedding 5.6% and 2.2%, respectively. Among large cap-stocks, notable declines were seen in Auckland Intl Airport (-3.3%), Mercury NZ (-2.1%), Contact Energy (-2.6%), and A2 Milk (-1%).

新西兰澳新银行商业信心降至49.3，通胀预期保持稳定。新西兰澳新银行商业信心在4月份大幅下降，从57.5降至49.3。自身的经济活动前景也从48.6微降至47.7。

NZ ANZ business confidence falls to 49.3, inflation expectations steady.New Zealand's ANZ Business Confidence fell sharply in April, dropping from 57.5 to 49.3. The own activity outlook also edged lower from 48.6 to 47.7.

由于持续的贸易不确定性继续打压市场情绪，新西兰元周三保持近期下跌至0.592美元左右。在美国和中国就缓和威胁全球增长的贸易争端所取得的进展发出相互矛盾的信号之际，投资者仍持谨慎态度。新西兰最大贸易伙伴中国的最新数据显示，4月份制造业活动收缩，扭转了两个月的复苏势头，并保持了北京方面进一步刺激的呼声，这给新西兰元带来了下行压力。在国内，令人失望的经济数据进一步削弱了市场情绪。澳新银行的调查显示，4月份新西兰的商业信心降至9个月低点，大多数前瞻性活动指标因对美国关税的担忧而受到拖累。

The New Zealand dollar held its recent decline to around $0.592 on Wednesday as ongoing trade uncertainty continued to weigh on sentiment. Investors remained cautious amid conflicting signals from the U.S. and China about the progress being made in de-escalating a trade dispute that threatens global growth. Adding downward pressure on the Kiwi, fresh data from China—New Zealand’s top trading partner—showed manufacturing activity contracted in April, reversing two months of recovery and keeping alive calls for further stimulus from Beijing. Domestically, sentiment was further dented by disappointing economic data. ANZ Bank survey showed New Zealand’s business confidence fell to a nine-month low in April, with most forward-looking activity indicators dragged down by concerns over U.S. tariffs.

新西兰澳新银行商业展望指数从上个月的57.5大幅降至2025年4月的49.3，达到2024年7月以来的最低水平。这一下降是在美国关税公告引发的全球市场动荡之际出现的。出口意向减弱（12.2比17.3），定价意向减弱（49.4比51.3），而投资意向保持稳定（17.2比17.3，就业意向改善（18.1比15.6）。前瞻性活动小幅下降（47.7对48.6），尽管过去的活动出现了显著反弹（11.3对0.8）。利润预期变化不大（28.5比29.4），而成本预期飙升至2023年9月以来的最高水平（77.9比74.1），工资压力仍然较高（81.3比80.0）。通胀预期保持稳定（2.65%对2.63%），但信贷可用性恶化（18.2对23.7）。住宅建筑保持稳定（50.0比47.2），而商业建筑活动保持稳定（35.3比33.3）。

New Zealand's ANZ Business Outlook Index dropped sharply to 49.3 in April 2025 from 57.5 in the previous month, hitting its lowest level since July 2024. The decline came amid global market turbulence triggered by U.S. tariff announcements. Export intentions weakened (12.2 vs 17.3), as did pricing intentions (49.4 vs 51.3), while investment intentions remained stable (17.2 vs 17.3) and employment intentions improved (18.1 vs 15.6). Forward-looking activity edged down (47.7 vs 48.6), though past activity saw a notable rebound (11.3 vs 0.8). Profit expectations were little changed (28.5 vs 29.4), while cost expectations surged to their highest since September 2023 (77.9 vs 74.1), and wage pressures remained elevated (81.3 vs 80.0). Inflation expectations held steady (2.65% vs 2.63%), but credit availability deteriorated (18.2 vs 23.7). Residential construction stayed solid (50.0 vs 47.2), while commercial construction activity remained stable (35.3 vs 33.3).