富时100指数周五上涨，延续了周四0.5%的涨幅，并有望呈现积极的周表现。制药巨头阿斯利康和葛兰素史克领涨该指数，分别上涨1.6%和1.9%，而英美烟草上涨1.4%。本周，美中达成一项重大贸易协议后，贸易紧张局势缓和的迹象提振了投资者情绪。在企业新闻方面，土地证券报告称，截至2025年3月31日的一年恢复了全年盈利，尽管其股价下跌了1.5%。Everplay Group宣布首席执行官Steve Bell离职，Frank Sagnier接任临时执行主席。与此同时，黄金矿商面临金价下跌的逆风，Fresnillo下跌近1%。

The FTSE 100 rose on Friday, building on Thursday’s 0.5% gain and heading for a positive weekly performance. Pharma heavyweights AstraZeneca and GlaxoSmithKline led the index with gains of 1.6% and 1.9%, respectively, while British American Tobacco advanced 1.4%. Investor sentiment this week was buoyed by signs of easing trade tensions following a major US-China trade deal. In corporate news, Land Securities reported a return to full-year profitability for the year ending March 31, 2025, though its shares slipped 1.5%. Everplay Group announced the departure of CEO Steve Bell, with Frank Sagnier stepping in as Interim Executive Chair. Meanwhile, gold miners faced headwinds from falling bullion prices, with Fresnillo down nearly 1%.

英国10年期国债收益率跌至4.62%，为5月9日以来的最低水平，原因是美国疲软的数据提振了美联储的降息押注，拉低了全球收益率。美国4月零售销售增长大幅放缓，而生产者价格意外下降，主要是由于贸易利润率下降，这进一步表明特朗普总统的关税开始对经济产生影响。然而，在英国，数据显示，第一季度经济增长了0.7%，为一年来最快增速，促使交易员减少了对英格兰银行激进宽松政策的押注。尽管如此，一些经济学家仍敦促保持谨慎，指出第一季度增长的很大一部分来自2月份工厂产量的激增，这可能是由于在特朗普总统预期的关税之前提前向美国出口的努力。此外，劳动力市场数据显示，失业率上升至4.5%，工资增长放缓，这表明家庭支出可能面临压力。

The UK 10-year gilt yield fell to 4.62%, its lowest level since May 9, on weak US data boosting Fed rate cut bets, pulling global yields down. US retail sales growth slowed sharply in April, while producer prices unexpectedly fell largely due to a drop in trade margins, adding to signs that tariffs under President Trump are beginning to have an economic impact. In the UK, however, data showed the economy expanded by 0.7% in Q1, its fastest pace in a year, prompting traders to scale back bets on aggressive Bank of England easing. Nonetheless, some economists urged caution, noting that a significant portion of the Q1 boost came from February’s surge in factory output, likely driven by efforts to front-load exports to the US ahead of anticipated tariffs from President Trump. Also, labor market data showed the unemployment rate rose to 4.5% and wage growth slowed, signaling potential pressure on household spending.

GB100指数升至8670.00点的6周高点。过去4周，英国股市指数（GB100）上涨4.33%，过去12个月上涨2.31%。

GB100 increased to a 6-week high of 8670.00 Index Points. Over the past 4 weeks, United Kingdom Stock Market Index (GB100) gained 4.33%, and in the last 12 months, it increased 2.31%.

尽管日本GDP数据悲观，但英镑/日元仍吸引了一些低于193.50的卖家。周五欧洲早盘时段，英镑/日元交叉盘下跌至193.40附近。尽管日本的GDP报告令人失望，但日元（JPY）兑英镑（GBP）走强。

GBP/JPY attracts some sellers below 193.50 despite Japan's downbeat GDP data.The GBP/JPY cross extends its downside to near 193.40 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Pound Sterling (GBP) despite Japan's disappointing GDP report.