英镑兑美元汇率在美国GDP、通胀和就业数据公布前调整。英镑兑美元在周三的欧洲交易时段从周二创下的三年新高1.3445修正至1.3400附近。英镑/美元对小幅下跌，因为在一系列美国顶级关键经济数据公布之前，美元（USD）走高，特别是北美时段公布的第一季度国内生产总值（GDP）初步数据。

Pound Sterling corrects against US Dollar ahead of US GDP, inflation, and employment data.The Pound Sterling (GBP) corrects to near 1.3400 against the US Dollar (USD) in Wednesday's European session from its fresh three-year high of 1.3445 posted on Tuesday. The GBP/USD pair drops slightly as the US Dollar (USD) ticks higher ahead of a string of top-tier key United States (US) economic data, notably the preliminary Q1 Gross Domestic Product (GDP) data release in the North American session.

一级数据发布和美国消费者信心继续下降。在美国，第一季度GDP初步数据将于今天下午公布。贸易战前进口的前期加载将净出口对增长的贡献推入了负值区域，我们认为GDP环比AR收缩了0.1%。

Tier One Data Releases and US Consumer Confidence Continue Spiralling Down.In the US, the preliminary Q1 GDP is due for release this afternoon. Front-loading of imports ahead of the trade war pushed growth contribution from net exports deeply into negative territory, and we think GDP contracted by 0.1% q/q AR.

周三，10年期美国国债收益率稳定在4.17%左右，徘徊在三周低点，因为投资者正在等待关键的经济数据，这些数据可能会为新关税的影响提供早期见解。市场正密切关注3月份个人消费支出价格指数（美联储首选的通胀指标）和第一季度国内生产总值初步数据的发布，这两项数据将于今天晚些时候公布。周二的数据显示，3月份美国商品贸易逆差飙升至创纪录的1620亿美元，远超预期，这加深了人们的谨慎。进口激增可能反映了企业和消费者在特朗普总统4月2日宣布关税之前的前期投入。为了减轻新汽车关税的影响，特朗普总统周二签署了行政命令，提供信贷和减免其他材料税。他还表示，与印度的贸易协议可能即将达成，而与日本和韩国的谈判也显示出进展的迹象。

The yield on the 10-year US Treasury note held steady around 4.17% on Wednesday, hovering at a three-week low as investors awaited critical economic data that could provide early insight into the impact of new tariffs. Markets are closely watching the release of the March PCE price index—the Federal Reserve’s preferred inflation measure—and the preliminary reading of Q1 GDP, both due later today. Caution deepened after Tuesday’s data showed the US goods trade deficit soared to a record $162 billion in March, far exceeding expectations. The surge in imports likely reflected front-loading by businesses and consumers ahead of tariffs announced by President Trump on April 2. To mitigate the impact of his new auto tariffs, President Trump signed executive orders on Tuesday offering credits and relief from other levies on materials. He also signaled that a trade agreement with India could be imminent, while negotiations with Japan and South Korea showed signs of progress.

周三，美元指数稳定在99.2左右，因为投资者在关键经济数据公布之前持观望态度，这些数据可能会提供对最近征收关税的早期影响的见解。市场正密切关注3月份个人消费支出价格指数（美联储首选的通胀指标）和第一季度国内生产总值的首次估算，这两项数据将于今天晚些时候公布。周二，数据显示，随着进口量的激增，美国3月份的商品贸易逆差飙升至创纪录的1620亿美元，远远超出预期，这可能是由于在特朗普总统4月2日宣布关税之前急于确保商品安全。为了缓解新汽车关税的影响，特朗普总统签署了一系列行政命令，提供税收抵免和某些材料税的减免。他还表示，与印度的贸易协议可能即将达成，而据报道，与日本和韩国的谈判正在取得进展。

The US dollar index held steady around 99.2 on Wednesday as investors stayed on the sidelines ahead of key economic releases that could offer insights into the early effects of recently imposed tariffs. Markets are closely watching the March PCE price index—the Federal Reserve’s preferred inflation gauge—and the first estimate of Q1 GDP, both due later today. On Tuesday, data showed the US goods trade deficit surged to a record $162 billion in March, far exceeding expectations, as import volumes jumped—likely driven by a rush to secure goods ahead of tariffs announced by President Trump on April 2nd. To cushion the impact of his new auto tariffs, President Trump signed a series of executive orders offering tax credits and relief from certain material levies. He also suggested that a trade deal with India could be imminent, while talks with Japan and South Korea were reported to be progressing.