截至7月24日，房地美支持的30年期固定抵押贷款的平均利率比上周微跌1个基点，至6.74%，保持在三周前4月以来的最低水平6.67%以上。房地美首席经济学家Sam Khater表示：“本周，30年期固定利率抵押贷款基本持平，为6.74%。总体而言，房地产市场的背景是积极的，因为经济继续表现良好，就业和收入增长稳健。”。

The average rate on a 30-year fixed mortgage backed by Freddie Mac fell by a marginal 1 bps from the previous week to 6.74% as of July 24th, holding above its lowest since April of 6.67% seen three weeks ago. “This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%. Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth,” said Sam Khater, Freddie Mac’s chief economist.

美元预测：DXY反弹，因贸易谈判和央行信号支持涨势。美元指数在连续四天下跌后反弹，贸易谈判和央行信号提振了市场情绪。关键阻力位和支撑位现在备受关注。

US Dollar Forecast: DXY Rebounds as Trade Talks and Central Bank Signals Support Gains.US Dollar Index rebounds after four-day slide as trade talks and central bank signals boost sentiment. Key resistance and support levels now in focus.

堪萨斯城联邦储备银行的制造业生产指数从上个月的5降至7月份的-3，表明工厂活动收缩。尽管非耐用品制造业有所增长，但耐用品产量下降是主要原因。其他数据显示，结果喜忧参半：就业继续疲软，从-8降至-11，而出货量和新订单略有增长。值得注意的是，订单积压从-11大幅降至-30，表明需求持续疲软。行业反馈强调了关税不确定性、通胀压力和复杂的税收政策带来的持续挑战，这些挑战继续对增长造成压力。展望未来，未来综合指数从9微降至8，但制造商仍持谨慎乐观态度，对未来六个月的生产、新订单和就业保持积极预期。

The Kansas City Fed’s Manufacturing Production Index fell to -3 in July from 5 in the previous month, signaling a contraction in factory activity. The decline was driven primarily by weaker durable goods output, despite gains in nondurable manufacturing. Other data showed mixed results: employment continued to weaken, dropping to -11 from -8, while shipments and new orders registered modest gains. Notably, order backlogs fell significantly to -30 from -11, indicating a continued weakening in demand. Industry feedback highlights ongoing challenges from tariff uncertainties, inflationary pressures, and complex tax policies that continue to weigh on growth. Looking ahead, the future composite index slipped slightly to 8 from 9, but manufacturers remain cautiously optimistic, maintaining positive expectations for production, new orders, and employment over the next six months.

美国财政部宣布下周的息票拍卖。值得注意的是，2年期和5年期国债拍卖将于周一举行。7年期国债拍卖将于周二举行。

The U.S. Treasury announces the coupon auctions for next week.Of note, is that the 2 and 5-year note auctions will take place on Monday. The 7-year note auction will take place on Tuesday.