新西兰股市周二早盘几乎没有变化，在前一交易日小幅下跌后徘徊在13500点附近。耐用消费品和医疗保健的上涨帮助抵消了公用事业和非耐用消费品的下跌。投资者正关注新西兰储备银行本周晚些时候的利率决定，预计将进一步降息，尽管在经济势头疲软和12月即将到来的领导层换届之际，降息幅度仍然是人们关注的焦点。当地数据显示，第三季度商业情绪略有下降，而产能利用率几乎停滞不前。在美国，标准普尔500指数和纳斯达克指数周一收于历史高点后，股指期货小幅下跌，交易员对政府长期停摆的担忧不以为然。在早盘股中，Ryman Healthcare上涨1.9%，紧随其后的是Turner Automotive（1.6%）、Vector有限公司（1.4%）和Scott Tech（1.3%）。下跌方面，T&G Global有限公司（-2.4%）、Hallenstein Glasson（-1.9%）和Meridian Energy（-1.2%）大幅下跌。

New Zealand shares were little changed on Tuesday morning session, hovering near 13,500 after a modest dip in the previous session. Gains in consumer durables and healthcare helped offset declines in utilities and consumer non-durables. Investors are eyeing the Reserve Bank of New Zealand’s rate decision later this week, with expectations of a further cut, though the magnitude remains in focus amid soft economic momentum and an upcoming leadership transition in December. Local data showed a slight drop in Q3 business mood, while capacity utilization almost stagnated. In the U.S., stock futures edged lower after the S&P 500 and Nasdaq closed at record highs Monday, as traders shrugged off concerns over the prolonged government shutdown. Among early movers, Ryman Healthcare rose 1.9%, followed by Turner Automotive (1.6%), Vector Ltd. (1.4%), and Scott Tech. (1.3%). On the downside, T&G Global Ltd. (-2.4%), Hallenstein Glasson (-1.9%), and Meridian Energy (-1.2%) posted marked losses.

新西兰基准标准普尔/NZX 50指数周一下跌0.2%，收于13489点，结束了连续五天的上涨，因为大多数行业都出现了亏损。在新西兰储备银行本周晚些时候的政策决定之前，交易员采取了谨慎的立场。市场普遍预计将再次降息，但在12月新行长任命之前，在经济增长疲软和政治压力下，人们的注意力集中在降息幅度上。基准指数也反映了全球疲软，原因是白宫顾问凯文·哈塞特警告称，如果融资谈判陷入僵局，可能会出现裁员，这引发了人们对美国政府可能关门的担忧。在个股中，排名最靠后的包括Freightways Group（-2.6%）、Serko（-2.6%的）、Delegat Group（-2.1%）、Colonial Motor（-1.9%）、Hallenstein Glasson Holdings（-1.8%）和Skellerup Holdings（-1.7%）。

New Zealand's benchmark S&P/NZX 50 index fell 0.2% to close at 13,489 on Monday, ending a five-day winning streak, as most sectors traded in the red. Traders took a cautious stance ahead of the Reserve Bank of New Zealand’s policy decision later this week. Markets widely anticipate another rate cut, but attention is on its size amid weak economic growth and political pressures, ahead of the new governor’s appointment in December. The benchmark index also reflected global weakness, driven by concerns over a potential US government shutdown after White House adviser Kevin Hassett warned that layoffs could occur if funding negotiations stall. Among individual stocks, the top laggards included Freightways Group (-2.6%), Serko (-2.6%), Delegat Group (-2.1%), Colonial Motor (-1.9%), Hallenstein Glasson Holdings (-1.8%), and Skellerup Holdings (-1.7%).

周一，新西兰元在0.583美元附近持平，投资者期待着储备银行本周的政策决定。在一系列疲软的经济数据公布后，预计央行将于周三将其官方现金利率从3%下调，市场完全预计将下调25个基点，并有30%的机会进一步上调50个基点。经济学家认为这是一种温和的转变，预示着未来进一步宽松的可能性。与此同时，鸽派前景的下行压力可能有限，因为随着人们对政府持续停摆的经济影响日益担忧，美元可能再次面临压力。最近的美国数据也增强了人们对美联储降息的预期，市场几乎完全预计本月将降息25个基点，12月将再次降息，这些事态发展最终可能会对美元造成压力。

The New Zealand dollar traded flat around $0.583 on Monday as investors looked ahead to the Reserve Bank’s policy decision this week. The central bank is anticipated to lower its official cash rate from 3% on Wednesday, with markets fully pricing in a 25-basis-point cut and assigning about a 30% chance of a larger 50-basis-point move, following a series of weak economic data. Economists view this as a dovish shift, signaling the likelihood of further easing ahead. Meanwhile, downside pressure from the dovish outlook may be limited as the US dollar could come under renewed pressure amid growing concerns over the economic fallout from the ongoing government shutdown. Recent US data have also strengthened expectations for Fed rate cuts, with markets nearly fully pricing in a quarter-point reduction this month and another in December — developments that could eventually weigh on the greenback.

周一早盘交易中，新西兰元50指数下跌17点，跌幅0.13%，至13497点，结束了五个交易日的涨幅，主要是工业服务和能源矿产的下跌。在新西兰储备银行本周晚些时候的政策决定之前，交易员变得谨慎。尽管市场普遍预计将再次降息，但在12月新行长上任之前，在经济增长疲软和政治压力下，人们的注意力集中在降息幅度上。白宫顾问凯文·哈塞特警告称，如果谈判陷入僵局，可能会开始裁员，随后基准指数也因对美国政府可能关门的担忧而追踪全球疲软。尽管如此，在美国财政部长贝森特表示对美国和新西兰最大贸易伙伴中国即将举行的贸易谈判取得“相当大的突破”持乐观态度后，损失得到了限制。主要落后者包括天空电视网（-2.1%）、旅游控股公司（-1.8%）、奥克兰国际机场（-1.4%）和新西兰南港（-1.1%）。

The NZX 50 fell 17 points, or 0.13%, to 13,497 on Monday morning deals, snapping a five-session gain amid losses mainly from industrial services and energy minerals. Traders turned cautious ahead of the Reserve Bank of New Zealand’s policy decision later this week. While markets widely expect another rate cut, focus is on the size of the reduction amid weak growth and political pressure, ahead of the new governor taking office in December. The benchmark index also tracked global weakness on concerns over a potential U.S. government shutdown, after White House adviser Kevin Hassett warned that layoffs could begin if negotiations stall. Still, losses were capped after U.S. Treasury Secretary Bessent signaled optimism for a “pretty big breakthrough” in upcoming trade talks between the U.S. and China, New Zealand's largest trading partner. Major laggards included Sky Network TV (-2.1%), Tourism Holdings (-1.8%), Auckland Intl. Airport (-1.4%), and South Port NZ (-1.1%).