周一，美元指数攀升至98点，收复了前一交易日的部分跌幅，投资者继续评估美联储政策的前景。周五，该指数下跌近1%，此前美联储主席杰罗姆·鲍威尔在杰克逊霍尔演讲中表示，降息可能即将到来。鲍威尔强调，虽然失业率仍然很低，但劳动力市场的风险正在增加，货币政策仍然是“限制性的”，这表明可能有必要进行调整。他还指出，税收、贸易和移民政策的变化是重塑经济格局的关键因素。市场目前预计，9月份降息25个基点的可能性为87%，高于上周某个时候的约75%。人们的注意力将转向周五公布的7月个人消费支出价格指数，这是美联储首选的通胀指标，以获取进一步的政策信号。

The dollar index climbed toward 98 on Monday, recovering part of its losses from the previous session as investors continued to assess the outlook for Federal Reserve policy. On Friday, the index fell nearly 1% after Fed Chair Jerome Powell signaled in his Jackson Hole speech that rate cuts could be on the horizon. Powell emphasized that while unemployment remains low, risks to the labor market are building and monetary policy is still “restrictive,” indicating that adjustments may be warranted. He also pointed to changes in tax, trade, and immigration policies as key factors reshaping the economic landscape. Markets are now pricing in an 87% probability of a 25 basis point rate cut in September, up from about 75% at some point last week. Attention will turn to Friday’s release of the July personal consumption expenditures price index, the Fed’s preferred inflation measure, for further policy signals.

唐纳德·特朗普总统周五宣布对进口家具进行“重大”关税调查，这表明在该行业价格上涨的情况下可能会征收新的关税。在Truth Social的一篇帖子中，特朗普表示，“来自其他国家进入美国的家具将按尚未确定的税率征收关税。”据白宫官员称，预计将在50天内结束的调查将根据《国家安全法》第232条进行。如果法院推翻早些时候对包括中国、加拿大和墨西哥在内的贸易伙伴征收的现有“互惠”关税，这也可能成为法律上的退路。特朗普强调，此举将重振国内制造业：“这将把家具业务带回北卡罗来纳州、南卡罗来纳州、密歇根州和美国各州。”

President Donald Trump announced on Friday a "major" tariff investigation targeting imported furniture, signaling potential new duties amid rising prices in the sector. In a Truth Social post, Trump stated, “Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined.” The probe, expected to conclude within 50 days, will be conducted under Section 232 of the national security statute, according to a White House official. It may also serve as a legal fallback if courts overturn existing "reciprocal" tariffs imposed earlier on trading partners, including China, Canada, and Mexico. Trump emphasized the move would revive domestic manufacturing: “This will bring the Furniture Business back to North Carolina, South Carolina, Michigan, and States all across the Union.”

美元努力从鸽派鲍威尔的肠道冲击中复苏。周一，美联储主席杰罗姆·鲍威尔（Jerome Powell）的鸽派转向导致美元下跌超过1%后，美元试图从欧元的四周低点回升。

Dollar struggles to recover from dovish Powell gut punch.The U.S. dollar attempted on Monday to pull itself up from a four-week low on the euro after a dovish pivot from Federal Reserve Chair Jerome Powell sent it tumbling more than 1%.

周一，美国股指期货保持稳定，投资者等待繁忙的一周企业盈利，这可能决定最近科技股的反弹是否会进一步扩大。英伟达和CrowdStrike将于周三公布业绩，随后戴尔和Marvell将于周四公布业绩。人们的注意力还将转向周五公布的7月份个人消费支出价格指数，这是美联储首选的通胀指标。周五，华尔街股市强劲上涨，道琼斯工业平均指数上涨1.89%，标准普尔500指数上涨1.52%，纳斯达克综合指数上涨1.88%。美联储主席杰罗姆·鲍威尔在杰克逊霍尔演讲中表示，美联储最早可能在下个月开始放松货币政策，随后出现反弹。市场现在认为，9月份降息25个基点的可能性为87%，高于上周某个时候的75%左右。

US stock futures held steady on Monday as investors awaited a busy week of corporate earnings that could determine whether the recent tech rally extends further. Nvidia and CrowdStrike are set to report results on Wednesday, followed by Dell and Marvell on Thursday. Attention will also turn to Friday’s release of the July personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. On Friday, Wall Street posted strong gains, with the Dow Jones Industrial Average climbing 1.89%, the S&P 500 rising 1.52%, and the Nasdaq Composite advancing 1.88%. The rally came after Fed Chair Jerome Powell signaled during his Jackson Hole speech that the central bank could begin easing monetary policy as soon as next month. Markets now assign an 87% probability of a 25 basis point rate cut in September, up from around 75% at some point last week.