据报道，欧盟认为美国对贸易的新要求削弱了当前的协议。如果你给特朗普一英寸，他就会要求一英里。即使你不这样做，它也会发生。

EU reportedly sees fresh US demands on trade as undercutting current agreement.If you give Trump an inch, he'll be asking for a mile. And even if you don't, it'll happen anyway.

美元因欧元、日元疲软而上涨。投资者昨日暂停购买美国股票，接近历史高点，因为一份显示甲骨文利润率远低于预期的报告抑制了本周早些时候OpenAI和AMD宣布后的乐观情绪。据The Information报道，在截至8月的三个月里，甲骨文通过租赁由Nvidia芯片驱动的服务器获得了大约9亿美元的收入，但它只报告了1.25亿美元的毛利润（以及Nvidia Blackwell芯片租赁的1亿美元亏损）。

USD Gains on Weak Euro, Yen.Investors took a breather from buying US stocks yesterday, near all-time highs, as a report showing Oracle's profit margins were much lower than expected dampened the euphoria that followed the OpenAI and AMD announcements earlier in the week. According to The Information, Oracle made roughly $900 million in revenue in the three months to August by renting servers powered by Nvidia chips, but it only reported a gross profit of $125 million (and a $100 million loss from Nvidia's Blackwell chip rentals).

周三，美国10年期国债收益率在上一交易日下跌约4个基点后保持在4.13%左右，因为对美国政府持续停摆和全球不确定性的经济影响的担忧加剧了对避险资产的需求。政府停摆已进入第二周，目前尚无解决方案，给经济前景蒙上了阴影，推迟了关键数据的发布，并迫使立法者达成协议。在政策方面，人们普遍预计美联储本月将再次降息25个基点，12月还将进一步降息。市场现在正在等待联邦公开市场委员会会议纪要和包括主席杰罗姆·鲍威尔在内的几位美联储官员的讲话，以获得有关利率前景的新指导。

The yield on the US 10-year Treasury note held around 4.13% on Wednesday after slipping about 4 basis points in the previous session, as growing concerns about the economic impact of the ongoing US government shutdown and global uncertainties lifted demand for safe-haven assets. The shutdown entered its second week with no resolution in sight, clouding the economic outlook, delaying key data releases, and pressuring lawmakers to reach an agreement. On the policy front, the Federal Reserve is widely expected to deliver another quarter-point rate cut this month, with an additional reduction seen in December. Markets now await the FOMC minutes and remarks from several Fed officials, including Chair Jerome Powell, for fresh guidance on the rate outlook.

周三，美元指数攀升至99点，达到两个月来的最高水平，因为对美国政府持续关闭的经济影响的持续担忧促使投资者转向避险资产。政府关门进入第二周，没有明确的解决方案，给前景蒙上了阴影，推迟了关键数据的发布，并加大了政策制定者达成协议的压力。在货币方面，人们普遍预计美联储本月将降息25个基点，并可能在12月再次降息。市场现在正在等待联邦公开市场委员会会议纪要和包括主席杰罗姆·鲍威尔在内的几位美联储官员的评论，以获取政策线索。新西兰储备银行（Reserve Bank of New Zealand）出人意料地降息50个基点，美元兑新西兰元汇率涨幅最大，同时在法国和日本的政治不确定性下，美元兑主要货币也走强。

The dollar index climbed toward 99 on Wednesday, hitting its highest level in two months as persistent concerns over the economic fallout from the ongoing US government shutdown drove investors toward safe-haven assets. The shutdown entered its second week with no clear resolution, clouding the outlook, delaying key data releases, and heightening pressure on policymakers to strike a deal. On the monetary front, the Federal Reserve is widely expected to deliver a quarter-point rate cut this month, with another reduction likely in December. Markets now await the FOMC minutes and comments from several Fed officials, including Chair Jerome Powell, for policy cues. The dollar advanced the most against the kiwi after the Reserve Bank of New Zealand surprised markets with a 50 basis point rate cut, while also firming against major peers amid political uncertainty in France and Japan.