提醒-高盛预计美元将进一步下跌。美国经济放缓进一步加剧了美元的困境，并且没有看到太多的相对改善，这表明美国经济不太可能跑赢大市。

Reminder - Goldman Sachs expects the US dollar has further to fall.The U.S. economic slowdown is further compounding the dollar's woes, and does not see much relative improvement saying that the its not likely that the US economy will outperform.

周二，美国股市收盘走高，受一项重大贸易协议即将完成的报道和企业盈利的提振。标准普尔500指数上涨0.58%，连续第六次上涨，创下自11月以来的最长连胜纪录。道琼斯指数上涨300点，涨幅0.75%，为7月以来的最佳连涨，而纳斯达克指数上涨0.55%。霍尼韦尔（+5.4%）和宣伟（+4.9%）在公布强劲的季度业绩后领涨道琼斯指数。通用汽车股价下跌1.1%，此前该公司取消了股票回购，并因可能征收关税而下调了前景，而亚马逊在澄清不会征收关税附加费后几乎没有变化。UPS股价下跌0.5%，此前该公司公布了好于预期的收益，并宣布计划裁员2万人。在数据方面，美国商品贸易逆差创历史新高，而消费者信心下滑，反映出经济挑战日益严峻。美国3月份的职位空缺为719万个，低于预期。

US stocks closed higher on Tuesday, buoyed by reports that a major trade deal was nearing completion and corporate earnings. The S&P 500 rose 0.58%, notching its sixth consecutive gain and marking its longest winning streak since November. The Dow Jones climbed 300 points, or 0.75%, its best streak since July, while the Nasdaq advanced 0.55%. Honeywell (+5.4%) and Sherwin-Williams (+4.9%) led the Dow after reporting strong quarterly results. General Motors fell 1.1%, after it cancelled its share buyback and pulled its outlook due to the possibility of tariffs while Amazon was little changed following clarifying it would not implement tariff surcharges. UPS lost 0.5% after reporting better-than-expected earnings and announced plans to cut 20,000 jobs. On the data fronts, the U.S. trade deficit in goods reached a record high, while consumer confidence slipped, reflecting the growing economic challenges. Job openings in the US were at 7.19 million in March, lower than expected.

信心和劳动力数据令人失望，美元指数走弱。衡量美元兑一篮子货币价值的美元指数（DXY）周二显示温和上涨，此前疲软的劳动力市场和消费者信心数据提高了对政策宽松的预期。尽管贸易头条和股市走强，该指数仍面临压力。

US Dollar Index weakens as confidence and labor data disappoint.The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is showing muted gains on Tuesday after soft labor market and consumer sentiment data raised expectations for policy easing. The index remains under pressure despite trade headlines and equity market strength.

周二，美国股市上涨，追随美国国债的积极走势，此前悲观的经济数据和企业信号支持了对即将降息的押注。标准普尔500指数和纳斯达克指数上涨，道琼斯指数上涨200点。美国3月份的职位空缺为719万个，低于预期，而CB情绪调查显示悲观情绪激增。同样，关税问题促使美国设定了有史以来最大的贸易上限。市场对美联储今年降息100个基点的定价，而美联储上个月的信号为50个基点。霍尼韦尔（Honeywell）和辉瑞（Pfizer）因强劲的盈利分别上涨了5%和4%以上，软件公司的股价也全面上涨。尽管如此，贸易和经济政策的不确定性促使UPS不愿给出全年展望，使其股价承压2%。此外，通用汽车在取消股票回购并因可能征收关税而下调前景后下跌了4%。

US stocks gained some traction on Tuesday, tracking the positive session for Treasuries after pessimistic economic data and corporate signals supported wagers of incoming rate cuts. The S&P 500 and the Nasdaq were higher, and the Dow gained 200 points. Job openings in the US were at 7.19 million in March, lower than expected, while the CB sentiment survey pointed to a surge in pessimism. Likewise, tariff concerns drove the US to post its largest trade cap on record. Markets moved to price 100bps in cuts by the Fed for the year, compared to the central bank's 50bps signal last month. Honeywell and Pfizer jumped more than 5% and 4% each on strong earnings, and software companies were higher across the board. Still, trade and economic policy uncertainty drove UPS to refrain from giving a full-year outlook, pressuring their shares by 2%. Also, GM sank 4% after it cancelled its share buyback and pulled its outlook due to the possibility of tariffs.