在纽约，道琼斯指数周四下跌527点，跌幅1.33%。沃尔玛（-0.27%）、联合健康（-0.26%）和旅行者公司（-0.09%）领跌。

In New York, the Dow Jones Index fell 527 points or 1.33 percent on Thursday. Leading the losses are Walmart (-0.27%), UnitedHealth (-0.26%) and Travelers Companies (-0.09%).

全球市场将继续对美国的贸易政策以及中国、欧盟、日本和东盟集团主要贸易伙伴的反动措施做出反应。在美国对达成贸易协议的承诺升级的威胁下，美国关税路径的不确定性继续推动所有资产类别的波动。与此同时，全球股市的财报季仍在继续，Alphabet、特斯拉、波音、英特尔、IBM、默克和宝洁将成为美国股市的头条新闻。SAP、法国巴黎银行、AON和赛诺菲在欧洲备受期待。在经济日历上，PMI预览数据将揭示主要经济体关税威胁的初步影响，美国、欧元区、日本、印度和澳大利亚正在等待结果。美国也将关注耐用品订单和现房销售，德国、法国和英国正在等待关键的信心指标，其次是后者的零售额。在货币政策方面，中国央行将维持中国的贷款优惠利率。

Global markets will remain reactive to trade policy from the United States and reactionary measures from China, the EU, Japan, and key trading partners in the ASEAN bloc. Uncertainty on the path of tariffs by the US amid threats of escalation against pledges to strike trade deals continue to drive volatility across all asset classes. Meanwhile, the earnings season for global stocks continues with Alphabet, Tesla, Boeing, Intel, IBM, Merck, and P&G to headline US events. SAP, BNP Paribas, AON, and Sanofi are awaited in Europe. On the economic calendar, flash PMI readings will unveil the initial impact of tariff threats across major economies with results awaited by the US, the Euro Area, Japan, India, and Australia. Durable goods orders and existing home sales will also be eyed in the US, and key confidence gauges are awaited in Germany, France, and the UK, followed by retail sales from the latter. On the monetary policy front, the PBoC is set to hold loan prime rates in China.

特朗普-鲍威尔之争升级：降息压力引发对美联储自主权的担忧。特朗普再次抨击美联储主席鲍威尔，要求降息，并引发了对美联储独立性的担忧——市场为不断上升的政治风险做好了准备。

Trump-Powell Feud Escalates: Rate Cut Pressure Sparks Concern Over Fed Autonomy.Trump renews attacks on Fed Chair Powell, demanding rate cuts and raising fears over Fed independence—markets brace for rising political risk.

美元指数徘徊在99.50附近，由于耶稣受难日，交易活动仍然疲软。衡量美元对一篮子六种主要货币的美元指数（DXY）在周五欧洲早间仍低于99.50。由于对关税对美国经济影响的担忧日益加剧，美元仍然疲软。

US Dollar Index hovers near 99.50 as trading activity remains muted due to Good Friday.The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, is remaining below 99.50 during the early European hours on Friday. The Greenback remains subdued amid growing concerns over the economic impact of tariffs on the United States (US).