美联储的Barkin淡化ADP的失误，需要更多数据才能采取行动。

Fed's Barkin downplays ADP miss, needs more data before acting.

周四，美元指数稳定在96.7左右，徘徊在三年多来的低点附近，因为市场将注意力转向即将发布的6月就业报告。投资者正密切关注数据，以寻找劳动力市场健康状况和美联储下一步利率举措的新信号。一份弱于预期的报告可能会增强人们对提前降息的预期，可能最早在7月。周三，ADP数据显示，私人就业人数意外下降，6月份就业人数下降了3.3万人，加剧了人们对劳动力市场疲软的担忧。在贸易方面，唐纳德·特朗普总统在Truth Social上宣布，美国已与越南达成一项新协议，其中包括对来自该国的进口商品征收20%的关税。该协议增加了更多双边贸易协定的希望。与此同时，特朗普提出的税收和支出方案，估计将增加3.3万亿美元的国债，在众议院面临阻力。

The US dollar index held steady around 96.7 on Thursday, hovering near a more than three-year low as markets turned their focus to the upcoming June jobs report. Investors are closely watching the data for fresh signals on labor market health and the Federal Reserve’s next move on interest rates. A weaker-than-expected report could reinforce expectations for an earlier rate cut, potentially as soon as July. On Wednesday, ADP data showed a surprise decline in private payrolls, with employment falling by 33,000 in June, fueling concerns over a softening labor market. On the trade front, President Donald Trump announced on Truth Social that the US has reached a new agreement with Vietnam, which includes a 20% tariff on imports from the country. The deal raised hopes of additional bilateral trade agreements in the pipeline. Meanwhile, Trump’s proposed tax-and-spending package, estimated to add $3.3 trillion to the national debt, is facing resistance in the House of Representatives.

美元漂移，交易员为美国就业人数做准备。周四，美国和越南之间的贸易协议引发了人们对7月9日关税最后期限前潜在未来交易的乐观情绪，而投资者则希望通过就业数据来评估美联储的下一步行动，随后美元出现波动。

Dollar drifts as traders hunker down for US payrolls.The dollar wobbled on Thursday after a trade agreement between the United States and Vietnam fuelled optimism over potential future deals ahead of a July 9 tariff deadline, while investors looked to payrolls to assess the Federal Reserve's next steps.

周四，美国股指期货保持稳定，投资者正在等待备受关注的6月就业报告，该报告预计将为劳动力市场及其对美联储政策的影响提供新的见解。在周三的常规交易日，标准普尔500指数上涨0.47%，纳斯达克综合指数上涨0.94%，受科技股反弹的推动。道琼斯指数变化不大，下跌0.02%。唐纳德·特朗普总统在Truth Social上宣布美国已与越南敲定贸易协议，这也影响了人们的情绪。该协议包括对越南进口商品征收20%的关税，远低于4月份引入的46%的税率。在经济方面，ADP数据显示，6月份私营部门就业人数意外下降了3.3万人，引发了人们对劳动力市场疲软的担忧，并强化了对美联储可能降息的预期。其中，特斯拉上涨5%，英伟达上涨2.6%，苹果上涨2.2%，Robinhood上涨6.1%，MicroStrategy上涨7.8%。

US stock futures held steady on Thursday as investors awaited the closely watched June jobs report, which is expected to provide fresh insight into the labor market and its implications for Federal Reserve policy. In Wednesday’s regular session, the S&P 500 rose 0.47% and the Nasdaq Composite gained 0.94%, buoyed by a rebound in technology stocks. The Dow Jones was little changed, slipping 0.02%. Sentiment was also shaped by President Donald Trump's announcement on Truth Social that the US has finalized a trade agreement with Vietnam. The deal includes a 20% tariff on Vietnamese imports—significantly lower than the 46% rate introduced in April. On the economic front, ADP data showed private sector employment unexpectedly declined by 33,000 in June, stoking concerns about labor market softness and reinforcing expectations for potential Fed rate cuts. Among notable movers, Tesla jumped 5%, Nvidia climbed 2.6%, Apple added 2.2%, Robinhood surged 6.1%, and MicroStrategy rallied 7.8%.