本周市场焦点转向增长与贸易
This week, the focus shifts from central banks to growth and trade.
This week, the focus shifts from central banks to growth and trade.
本周，焦点从央行转向增长和贸易。
Wednesday brings UK flash PMIs, with services expected at 52.0 and manufacturing at 51.5. Both remain above the 50 level that separates expansion from contraction, but forecasts point to slightly softer activity than the previous month. Thursday, attention turns to the Trump–Xi summit in Washington, with trade, AI, rare earths and the extension of the current tariff truce among the issues expected to feature in discussions.
周三将公布英国综合PMI初值，服务业预计为52.0，制造业为51.5。两者均保持在区分扩张与收缩的50水平之上，但预测显示活动较上月略有放缓。 周四，关注点转向在华盛顿举行的特朗普-习近平峰会，贸易、人工智能、稀土以及当前关税休战期的延长等议题预计将成为讨论的重点。
Friday brings US durable goods orders, forecast to fall 0.4% MoM after a 1.1% increase previously.
周五将公布美国耐用品订单数据，继此前上升1.1%后，预计环比将下降0.4%。
With last week’s Fed decision behind us, the bigger question for markets is whether incoming growth data and US–China developments reinforce or challenge the current rates and risk-asset setup.
随着上周美联储决议尘埃落定，市场更大的问题是，即将公布的增长数据以及中美关系的发展是强化还是挑战当前的利率和风险资产格局。
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力