新西兰基准标准普尔/NZX 50指数周三上涨1.23%，收于12334点，创下自11月22日以来的最大单日涨幅，并将连胜纪录延长至五个交易日。此次反弹是因为希望美国总统唐纳德·特朗普下周计划的关税措施不会像人们担心的那样痛苦。标普全球评级预测新西兰和其他几个经济体受美国关税的影响较小，这进一步提振了投资者情绪。斐雪派克（4.7%）、Meridian Energy（3.2%）、奥克兰国际机场（1.8%）和Ebos Group（1.3%）等指数权重股涨幅显著。养老院运营商Ryman Healthcare和Summerset也上涨，分别上涨6%和1.15%。

New Zealand's benchmark S&P/NZX 50 index climbed 1.23% to close at 12,334 on Wednesday, marking its biggest single-day gain since November 22 and extending its winning streak to five sessions. The rally was driven by hopes that U.S. President Donald Trump’s planned tariff measures next week will not be as painful as feared. Investor sentiment was further boosted by S&P Global Ratings' projection that New Zealand and other several economies would be less affected by U.S. tariffs. Notable gains were seen from index heavyweights such as Fisher & Paykel (4.7%), Meridian Energy (3.2%), Auckland Intl Airport (1.8%), and Ebos Group (1.3%). Retirement-home operators Ryman Healthcare and Summerset also advanced, rising 6% and 1.15%, respectively.

周三，新西兰元升至0.574美元左右，延续了前一交易日的涨幅，因为人们希望美国总统唐纳德·特朗普在关税问题上采取更谨慎的态度。特朗普周一表示，并非所有他威胁要征收的税款都将在4月2日征收，并暗示了潜在的豁免，但没有提供任何细节。此外，标普全球评级预测，新西兰和其他地区经济体受美国贸易措施的影响较小。然而，在国内，由于对进一步货币宽松的预期，新西兰元仍面临压力，新西兰储备银行表示将在4月和5月两次降息25个基点，并可能在今年晚些时候第三次降息。

The New Zealand dollar rose to around $0.574 on Wednesday, extending gains from the prior session amid hopes that U.S. President Donald Trump would take a more measured approach on tariffs. Trump on Monday indicated that not all of his threatened levies would be imposed on April 2 and hinted at potential exemptions, but provided no details. In addition, S&P Global Ratings projected that New Zealand and other regional economies would be less affected by U.S. trade measures. Domestically, however, the kiwi remains under pressure due to expectations of further monetary easing, with the Reserve Bank of New Zealand signaling two 25bps rate reductions in April and May, and a possible third cut later in the year.

新西兰股市周三早盘上涨70点，涨幅0.6%，至12255点，连续第五个交易日上涨，达到一周高点。医疗保健、能源矿产、非能源矿产和公用事业推动了反弹，这得益于惠灵顿在2024年第四季度摆脱衰退后的国内复苏迹象，以及较低的利率和行业增长。在标普全球评级预测新西兰和几个地区国家受美国关税的影响较小后，投资者情绪也有所改善。华尔街股市周二收高，美国总统特朗普在4月2日截止日期前表示可能豁免后，贸易担忧有所缓解。在澳大利亚，政府周二公布了2025年联邦预算，重点关注全球不确定性下的生活成本救济和经济韧性。一些跑赢大盘的股票包括Ryman Healthcare（2.8%）、Delegat Group有限公司（1.1%）、Freightways Group（0.9%）和Meridian Energy（0.8%）。

New Zealand shares rose 70 points or 0.6% to 12,255 in early trading on Wednesday, extending gains for the fifth straight session and reaching a one-week high. Healthcare, energy minerals, non-energy minerals, and utilities drove the rally, supported by signs of domestic recovery after Wellington emerged from a recession in Q4 2024, aided by lower interest rates and sectoral growth. Investor sentiment also improved after S&P Global Ratings projected that New Zealand, along with several regional nations, would be less affected by US tariffs. On Wall Street, stocks ended higher Tuesday, as trade concerns eased after US President Trump signaled potential exemptions ahead of the April 2 deadline. In Australia, the government unveiled the 2025 federal budget on Tuesday, focusing on cost-of-living relief and economic resilience amid global uncertainty. Some outperforming stocks included Ryman Healthcare (2.8%), Delegat Group Ltd. (1.1%), Freightways Group (0.9%), and Meridian Energy (0.8%).

周二，新西兰元在连续五次下跌后上涨至0.574美元左右，因为对美国可能免除关税的乐观情绪为出口驱动型货币提供了一些缓解。然而，投资者对特朗普总统计划对汽车、制药和其他行业征收的关税及其对全球增长的潜在影响仍持谨慎态度。在国内，尽管上周公布了强劲的GDP数据，但市场仍预计新西兰联储将进一步放松货币政策。在2月份的会议上，政策制定者表示，4月和5月将降息25个基点，今年晚些时候可能还会降息第三个基点。与此同时，新西兰人可能会从中国旨在促进消费的预期刺激计划中获得支持，鉴于中国作为主要贸易伙伴的作用，这可能会使新西兰的出口受益。

The New Zealand dollar rose to around $0.574 on Tuesday after five consecutive declines, as optimism over possible US tariff exemptions provided some relief to the export-driven currency. However, investor caution persists over upcoming duties on autos, pharmaceuticals, and other industries planned by President Trump and their potential impact on global growth. Domestically, despite last week’s strong GDP data, markets still expect further monetary easing from the RBNZ. In their February meeting, policymakers signaled two 25bps cuts in April and May, with a possible third later in the year. Meanwhile, the Kiwi could find support from anticipated Chinese stimulus aimed at boosting consumption, potentially benefiting New Zealand exports given China’s role as a key trade partner.