周五，美元指数在连续两个交易日上涨后稳定在97.4左右，因为美联储表示其政策立场不如市场预期的温和。本周早些时候，美联储公布了普遍预期的25个基点的降息，并预计今年将再降息两次，同时表示2026年只降息一次。美联储主席杰罗姆·鲍威尔将此举描述为劳动力市场放缓背景下的风险管理举措，强调没有必要急于放松。在数据显示上周新申请失业救济人数下降，扭转了前一周的飙升趋势后，美元也得到了支撑。在其他地方，加拿大银行降息，而英格兰银行保持政策不变。美元指数有望在本周结束时几乎没有变化，抹去了本期早些时候的大部分损失。

The dollar index steadied around 97.4 on Friday after rising for two straight sessions, as the Federal Reserve signaled a less dovish policy stance than markets had anticipated. Earlier in the week, the Fed delivered a widely expected quarter-point cut and projected two more reductions this year, while indicating just one cut in 2026. Fed Chair Jerome Powell framed the move as a risk management step amid a slowing labor market, stressing there was no need to rush easing. The greenback also found support after data showed new jobless claims fell last week, reversing the prior week’s spike. Elsewhere, the Bank of Canada cut rates while the Bank of England left policy unchanged. The dollar index is on track to finish the week little changed, erasing most of the losses from earlier in the period.

周五，美国股指小幅上涨，此前三大股指在美联储最新降息的支持下，在前一交易日均收于历史高点。周四，道琼斯指数上涨0.27%，标准普尔500指数上涨0.48%，纳斯达克综合指数上涨0.94%。标普11个板块中有7个板块上涨，其中科技、工业和通信服务板块领涨。在个人投资者中，英伟达宣布投资50亿美元共同开发芯片后，英特尔股价飙升约23%，而英伟达股价上涨3.5%。其他显著上涨的股票包括Palantir（5.1%）、Coinbase（7%）和CrowdStrike（12.8%）。本周早些时候，美联储宣布降息25个基点，并预计今年还会再降息两次，同时暗示2026年只降息一次。与此同时，周五没有重大经济数据或盈利报告。

US stock futures edged higher on Friday after all three major indexes closed at record highs in the prior session, supported by the Federal Reserve’s latest rate cut. On Thursday, the Dow added 0.27%, the S&P 500 climbed 0.48% and the Nasdaq Composite jumped 0.94%. Seven of the 11 S&P sectors advanced, led by technology, industrials and communication services. Among individual movers, Intel soared about 23% after Nvidia unveiled a $5 billion investment to co-develop chips, while Nvidia rose 3.5%. Other notable gainers included Palantir (5.1%), Coinbase (7%) and CrowdStrike (12.8%). Earlier in the week, the Fed delivered a 25 basis point cut and projected two more reductions this year, while signaling just one cut in 2026. Meanwhile, no major economic data or earnings reports are scheduled for Friday.

2025年7月，外国对长期证券、短期美国证券和银行流量的净收购净流入21亿美元。外国居民增持了788亿美元的长期美国证券，其中包括私人投资者净购买724亿美元和外国官方机构净购买64亿美元。与此同时，美国居民增持了长期外国证券，净买入296亿美元。

Net foreign acquisitions of long-term securities, short-term US securities, and banking flows was a net inflow of $2.1 billion in July 2025. Foreign residents increased their holdings of long-term US securities by $78.8 billion, including $72.4 billion in net purchases by private investors and $6.4 billion by foreign official institutions. At the same time, US residents raised their holdings of long-term foreign securities, recording net purchases of $29.6 billion.

周四，在美联储恢复宽松利率并表示今年可能进一步降息后，华尔街三大指数均收于历史新高。标准普尔500指数上涨0.5%，纳斯达克100指数上涨0.9%，均延续了前一交易日的记录，道琼斯指数上涨123点。投资者对美联储降息25个基点以及可能再次降息表示欢迎，认为此举是向支持增长而非严格控制通胀的转变。科技股领涨，英伟达宣布投资50亿美元共同开发芯片后，英特尔飙升超过22%，而英伟达上涨3.5%。在经济方面，首次申请失业救济人数从四年来的最高点大幅降至23.1万人，缓解了人们对劳动力市场疲软的一些担忧。

All three major Wall Street indices closed at record highs on Thursday after the Federal Reserve resumed easing interest rates and indicated more cuts are likely this year. The S&P 500 rose 0.5% and the Nasdaq 100 jumped 0.9% both extending their records from previous session, and the Dow added 123 points. Investors welcomed the Fed’s quarter-point reduction and the prospect of two additional cuts, interpreting the move as a shift toward supporting growth rather than strictly controlling inflation. Tech stocks led the rally, with Intel soaring more than 22% after Nvidia announced a $5 billion investment to co-develop chips, while Nvidia gained 3.5%. On the economic front, initial jobless claims fell sharply to 231,000 from a four-year high, alleviating some concerns about labor market weakness.