标普/多伦多证券交易所综合指数周四上涨0.44%，收于21823点，受大盘股上涨的推动，投资者消化了加拿大银行行长蒂夫·麦克勒姆的最新证词。权重股大幅上涨，其中加拿大皇家银行上涨1.26%，Shopify上涨1.55%，Enbridge上涨1.66%，加拿大太平洋铁路公司上涨2.11%。此外，汤森路透股价在强劲的季度报告超出预期后飙升，涨幅达6.87%。相反，加拿大航空公司报告称，由于与劳动力和飞机维护相关的运营成本上升，其第一季度亏损大于预期，导致其股价下跌8.36%。与此同时，加拿大央行行长蒂夫·麦克勒姆在即将到来的6月会议上提高了降息预期，称自1月以来，根据通胀数据，人们对缓解价格压力的信心增强，这可能会放宽借贷条件。

The S&P/TSX Composite index rose by 0.44% to close at 21,823 on Thursday, driven by gains in mega-cap stocks, while investors digested Bank of Canada Governor Tiff Macklem's latest testimony. Heavyweight equities saw significant increases, including Royal Bank of Canada up 1.26%, Shopify up 1.55%, Enbridge up 1.66%, and Canadian Pacific Railway gaining 2.11%. Additionally, Thomson Reuters shares surged after a strong quarterly report exceeded expectations, leading to a 6.87% increase. Conversely, Air Canada reported a larger-than-expected first-quarter loss due to elevated operating costs related to labor and aircraft maintenance, resulting in an 8.36% decline in its shares. Meanwhile, Bank of Canada Governor Tiff Macklem raised expectations of rate cuts in the upcoming June meeting, citing increased confidence in easing price pressures based on inflation data since January, potentially allowing for relaxed borrowing conditions.

标准普尔500指数周四上涨0.9%，结束了连续两天的下跌，道琼斯指数上涨323点，纳斯达克指数上涨1.5%。在美联储保持基金利率不变，鲍威尔淡化了加息的可能性后，投资者松了一口气。现在，交易员们关注的焦点是收盘后的苹果盈利和明天公布的月度就业报告。在企业新闻方面，高通公司在预测季度销售额和利润高于预期后飙升9.6%，Carvana公司飙升33.6%，预计本季度零售额和核心利润将意外增长。派拉蒙股价上涨20.7%，此前有消息称索尼和阿波罗表示有兴趣以260亿美元收购这家媒体巨头。米高梅国际度假酒店因业绩乐观而上涨2.7%，DoorDash因前景黯淡而下跌10.2%，Etsy因销售额和利润也低于预期而暴跌15%。Peloton股价下跌2.6%，此前该公司宣布裁员，并表示其首席执行官将辞职。

The S&P 500 finished 0.9% higher on Thursday, snapping a 2-day losing streak, the Dow advanced 323 points and the Nasdaq rose by 1.5%. Investors were relieved after the Fed left the fund rates unchanged and Powell played down the likelihood of an interest-rate hike. Now, traders’ focus is on Apple earnings after the closing bell and the monthly jobs report due tomorrow. In corporate news, Qualcomm surged by 9.6% after forecasting quarterly sales and profit above expectations, and Carvana soared by 33.6% as it anticipated a surprise rise in current-quarter retail sales and core profit. Shares of Paramount jumped 20.7%, after news that Sony and Apollo expressed interest in purchasing the media giant for $26 billion. MGM Resorts International added 2.7% on the back of upbeat results, while DoorDash sank 10.2% on a dismal outlook, and Etsy plunged 15% after sales and profit also fell short of expectations. Peloton fell 2.6% after it announced layoffs and said its CEO was stepping down.

华尔街所有主要指数在午盘交易中均上涨，标准普尔500指数上涨1%，道琼斯指数上涨350多点，纳斯达克指数上涨1.5%。在美联储保持基金利率不变后，市场情绪有所改善，其鹰派基调低于预期。此外，美联储主席鲍威尔排除了加息的可能性，但没有提供降低借贷成本的时间表。目前，市场显示，11月而不是9月首次降息的可能性更大。在企业新闻中，高通公司在预测季度销售额和调整后利润高于预期后飙升8%，Carvana公司飙升33%，预计本季度零售额和核心利润将意外增长。米高梅国际度假酒店因业绩乐观而上涨2.8%，DoorDash因前景黯淡而下跌10%，Etsy因销售额和利润也低于预期而暴跌15%。Peloton股价下跌9%，此前该公司宣布裁员，并表示其首席执行官将辞职。

All major Wall Street indices were higher in afternoon trading, with the S&P 500 up 1%, the Dow gaining over 350 points, and the Nasdaq adding 1.5%. Sentiment improved after the Federal Reserve left the fund rates unchanged, with a less hawkish tone than anticipated. Also, Fed Chair Powell ruled out an interest rate hike but did not provide a timeline for reducing borrowing costs. Currently, markets indicate a greater probability of the first rate cut occurring in November, instead of September. In corporate news, Qualcomm surged by 8% after forecasting quarterly sales and adjusted profit above expectations, and Carvana soared by 33% as it anticipated a surprise rise in current-quarter retail sales and core profit. MGM Resorts International added 2.8% on the back of upbeat results, while DoorDash sank 10% on a dismal outlook, and Etsy plunged 15% after sales and profit also fell short of expectations. Peloton fell 9% after it announced layoffs and said its CEO was stepping down.

美国10年期国债收益率回吐了盘中反弹，周四跌至4.6%，延续了前一交易日的跌幅，因为市场继续评估美联储货币政策的前景。在保持利率后，美联储承认通胀放缓幅度低于预期，但主席鲍威尔指出，在当前背景下，当前政策的限制性足够强，不太可能再次加息。此外，央行宣布，6月份美国国债销售速度将放缓350亿美元，至250亿美元，从而降低美国信贷市场敞口经济体的国债和债务收益率。尽管如此，新数据显示，与本周的就业成本更新一致，第一季度劳动力成本的加速速度超过了预期，突显了人们对高工资增长引发的潜在通胀的担忧。此外，失业申请人数保持在两个月来的最低水平，以维持美国劳动力市场的强劲势头。

The yield on the US 10-year Treasury yield pared its mid-session rebound and fell to 4.6% on Thursday, extending the drop from the prior session as markets continued to assess the outlook of the Federal Reserve’s monetary policy. After holding rates, the Fed acknowledged that inflation has slowed less than expected, but Chairman Powell noted that current policy is sufficiently restrictive for the current backdrop and another rate hike is unlikely. Additionally, the central bank announced that the pace of Treasury selling will slow by $35 billion per month to $25 billion in June, lowering yields in Treasuries and debt in economies with exposure to US credit markets. Still, new data showed that labor costs accelerated more than expected in the first quarter, aligned with this week’s employment costs update, to underscore concerns of underlying inflation stemming from high wage growth. Also, unemployment claims held at a two-month low to sustain strength in the US labor market.

法兰克福DAX指数周四小幅下跌，收于17896点，投资者在劳动节假期后恢复活动，以消化美联储的最新政策决定和一系列企业更新。周三，美联储将利率保持在创纪录的水平，这表明由于最近令人失望的通胀数据，借贷成本将长期上升，但主席鲍威尔明确排除了任何加息的可能性，声称目前的政策立场具有足够的限制性，可以引导通胀回到目标。在企业发展方面，Hugo Boss亏损2%，尽管第一季度的营业利润超出了预期。此外，英飞凌股价下跌4.2%，原因是AMD糟糕的报告导致全球芯片制造商下滑。与此同时，拜耳公司股价上涨3%，此前华盛顿州上诉法院决定推翻其孟山都公司因西雅图地区一所学校化学污染而被判1.85亿美元的判决。

Frankfurt’s DAX index closed slightly lower at 17,896 on Thursday, as investors resumed activity following the Labor Day holiday to digest the Federal Reserve's latest policy decision and a series of corporate updates. On Wednesday, the Federal Reserve kept interest rates at record levels, signaling a prolonged period of elevated borrowing costs due to recent disappointing inflation data, yet Chair Powell explicitly ruled out any talk of rate hikes, asserting that the present policy stance is adequately restrictive to guide inflation back toward its target. In corporate developments, Hugo Boss lost 2% despite reporting Q1 operating profits that surpassed expectations. Also, Infineon tanked 4.2% amid the slide in global chipmakers after AMD's poor report. Meanwhile, shares of Bayer added 3% following a Washington state appeals court's decision to overturn a $185 million verdict against its Monsanto unit regarding chemical contamination at a Seattle-area school.

截至5月1日，30年期固定抵押贷款的平均利率比前一周上升了50个基点，达到7.22%，为11月下旬以来的最高水平。去年同期，30年期固定抵押贷款的平均利率为6.39%。房地美首席经济学家Sam Khater表示：“抵押贷款利率本周继续上升。”。“平均而言，全年超过三分之一的房屋销售发生在3月至6月之间。在这段历史繁忙时期还剩两个月的时候，潜在的购房者很可能不会很快从房价上涨中得到缓解。然而，许多人似乎已经适应了这些更高的房价，最近公布的待决房屋销售数据显示，房价处于一年中的最高水平。”

The average rate for a 30-year fixed mortgage rose 5bps from the previous week to 7.22% as of May 1st, the highest since late November. In the same period last year, the average rate for a 30-year fixed mortgage was 6.39%. "Mortgage rates continued their ascent this week," stated Sam Khater, Freddie Mac’s Chief Economist. “On average, more than one-third of home sales for the entire year occur between March and June. With two months left of this historically busy period, potential homebuyers will likely not see relief from rising rates anytime soon. However, many seem to have acclimated to these higher rates, as demonstrated by the recently released pending home sales data coming in at the highest level in a year.”

CAC 40指数周四下跌0.88%，收于7914点，创下2月份以来的最低点。这一下降是在周中假期之后发生的，受到美联储最近政策决定的影响。Stellantis股价下跌4.17%，跌幅居前，STMicroelectronics股价下跌3.61%，TotalEnergies股价下跌2.42%，Axa股价下跌1.85%。在经济新闻方面，法国4月制造业PMI降至45.3，略高于初步数据44.9，这是自1月以来的最快降幅。美国央行维持利率不变，暗示在通胀数据令人失望的情况下推迟降息。主席鲍威尔驳斥了可能的加息，声称目前的政策立场足以将通胀率引导回到目标水平。

The CAC 40 fell by 0.88% to close at 7,914 on Thursday, hitting its lowest point since February. This drop followed a midweek holiday and was influenced by the US Federal Reserve's recent policy decision. Stellantis led the decline with a 4.17% drop in its shares, followed by STMicroelectronics down 3.61%, TotalEnergies down 2.42%, and Axa losing 1.85%. In economic news, France’s manufacturing PMI fell to 45.3 in April, slightly up from the preliminary reading of 44.9, marking the fastest decline since January. The US central bank maintained its interest rates unchanged, hinting at delayed rate reductions amidst disappointing inflation figures. Chair Powell dismissed a possible rate hike, asserting that the current policy stance is sufficient to guide inflation back to the target level.

在巴黎，CAC 40指数周四下跌53点，跌幅0.66%。跌幅由ENGIE（-6.48%）、Stellantis NV（-3.71%）和TotalEnergies SE（-3.09%）推动。涨幅最大的是Teleperformance SE（10.37%）、WorldLine（10.36%）和阿尔斯通（4.50%）。

In Paris, the CAC 40 Index decreased 53 points or 0.66 percent on Thursday. Losses were driven by ENGIE (-6.48%), Stellantis NV (-3.71%) and TotalEnergies SE (-3.09%). Biggest rises came from Teleperformance SE (10.37%), WorldLine (10.36%) and Alstom (4.50%).

欧洲股市周四收盘大幅下跌，因市场评估了3月季度的企业盈利和美联储的利率决定。斯托克50指数下跌0.5%，至4895点，斯托克600指数下跌0.2%，至503点。正如预期的那样，美国央行保持利率不变，并宣布大幅放缓国债销售，从而缓解了所有与美国信贷市场有敞口的主要经济体的金融状况。尽管如此，关键的事态发展还是给欧元区蓝筹股指数中的主要公司带来了压力。ASML下跌2.4%，追随AMD业绩不佳的芯片板块，而Stellantis周二仍面临悲观盈利报告的压力，下跌4.2%。在金融板块中，安盛在钟声敲响后公布的报告前下跌2%，而BBVA在向Sabadell提交合并提案后下跌4%。另一方面，ING在发布强劲报告后飙升6%。除欧元外，诺和诺德股价下跌2.7%，尽管其利润超出预期。

European equities closed firmly lower on Thursday as markets assessed corporate earnings for the March quarter and the Federal Reserve’s interest rate decision. The Stoxx 50 dropped 0.5% to 4,895, and the Stoxx 600 lot 0.2% to 503. The US central bank held its rate unchanged, as expected, and spurred eased financial conditions for all major economies with exposure to US credit markets by announcing a sharp slowdown in Treasury selling. Still, key developments pressured major companies in the Eurozone’s blue-chip index. ASML lost 2.4%, tracking the chip sector following poor results from AMD, while Stellantis remained under pressure from its pessimistic earnings report on Tuesday with a 4.2% drop. Among the financial sector, AXA dropped 2% ahead of its report due after the bell, while BBVA sank 4% after submitting a merger proposal to Sabadell. On the other hand, ING soared 6% following its strong report. Outside the euro, Novo Nordisk dropped 2.7% despite beating profit estimates.

周四，富时100指数创下8160点的历史新高，受企业积极发展的推动，涨幅超过0.5%。渣打银行股价上涨8%，这得益于第一季度令人印象深刻的税前利润，得益于利率上升和其市场交易部门的强劲表现。壳牌在宣布35亿美元的股票回购后，股价也上涨了2.5%以上，同时第一季度利润和现金流好于预期。投资者还消化了最新的美联储政策会议，会上利率保持稳定，对通胀达到2%的目标采取了更加谨慎的立场。

The FTSE 100 reached a new record high of 8160 on Thursday, gaining over 0.5% on the back of positive corporate developments. Standard Chartered saw an 8% increase in its shares due to impressive Q1 pretax profits, boosted by rising interest rates and a strong performance in its markets trading division. Shell also experienced a rise of more than 2.5% after announcing a $3.5 billion share buyback, alongside better-than-expected first-quarter profits and cash flow. Investors also digested the latest Fed policy meeting, where interest rates remained steady and a more cautious stance on inflation hitting the 2% target was taken.

在截至2024年4月26日的一周内，美国公用事业公司增加了590亿立方英尺的天然气储存量，而市场预计将增加550亿立方英尺。这标志着连续第四周的增长。股票目前为2484 Bcf，比去年同期高436 Bcf，较五年平均值1842 Bcf高642 Bcf。

US utilities added 59 billion cubic feet (bcf) of gas into storage during the week ended April 26, 2024, compared with market expectations of a 55 bcf increase. It marks the fourth consecutive week of increases. Stocks are now at 2,484 Bcf, 436 Bcf higher than last year at this time and 642 Bcf above the five-year average of 1,842 Bcf.

标普/多伦多证券交易所综合指数周四徘徊在21720点的平线上方，受能源和科技板块上涨的提振，投资者分析了加拿大银行行长蒂夫·麦克勒姆的最新证词。石油巨头支撑了能源行业，Cenovus、Suncor和Imperial Oil的涨幅超过0.5%，而Shopify 0.6%的涨幅提振了科技行业。此外，汤森路透股价在强劲的季度报告超出预期后飙升，涨幅超过3%。另一方面，金价拖累了主要矿商的股价，给该指数带来压力，巴里克黄金、惠顿贵金属和弗兰科内华达分别下跌超过1.1%。与此同时，加拿大银行行长蒂夫·麦克勒姆在即将到来的6月会议上提出了降息的希望，他表示，自1月以来的通胀数据增强了他对价格压力持续缓解的信心，从而使货币当局能够缓解借贷条件。

The S&P/TSX Composite index hovered above the flatline at the 21,720 level on Thursday, lifted by gains in the energy and tech sectors, while investors analyzed Bank of Canada Governor Tiff Macklem's latest testimony. Oil giants supported the energy sector, with Cenovus, Suncor, and Imperial Oil rising over 0.5%, while Shopify's 0.6% increase lifted the tech sector. Additionally, shares of Thomson Reuters surged after a strong quarterly report beat estimates, resulting in gains of upwards of 3%. On the other hand, gold prices dragged down key miners' shares, putting pressure on the index, with Barrick Gold, Wheaton Precious, and Franco-Nevada each losing more than 1.1%. Meanwhile, Bank of Canada Governor Tiff Macklem raised hopes of rate reductions in the upcoming June meeting, stating that the inflation data since January has increased his confidence that price pressures are consistently easing, thus allowing the monetary authority to ease borrowing conditions.

继2月份增长1.2%后，2024年3月美国制成品的新订单较上月增长1.6%，达到5845亿美元，符合预期。耐用品行业的新订单增长了2.6%，其中运输设备（7.8%）、金属制品（0.2%）以及计算机和电子产品（0.7%）的订单增长。与此同时，非耐用品行业的订单增长了0.6%。不包括运输业，工厂订单增长0.5%。

New orders for US manufactured goods rose by 1.6% from the previous month to $584.5 billion in March of 2024, following a 1.2% increase in February, in line with expectations. New orders expanded by 2.6% for durable goods industries, lifted by transportation equipment (7.8%), fabricated metal products (0.2%) and computers and electronic products (0.7%). In the meantime, orders in non-durable goods industries rose by 0.6%. Excluding transportation, factory orders rose by a softer 0.5%.

随着市场继续评估美联储货币政策的前景，美国10年期国债收益率抹去了早期的跌幅，达到4.65%。新数据显示，第一季度劳动力成本的增长速度远超预期，与本周的就业成本更新一致，突显了人们对高工资增长引发的潜在通胀的担忧。此外，失业申请人数出人意料地保持在两个月来的最低水平，以维持美国劳动力市场的强劲势头。这一结果与美联储的警告一致，即今年通胀没有以预期速度放缓，这可能需要长期的限制性货币政策。尽管如此，鲍威尔主席指出，在目前的背景下，目前的政策仍然具有足够的限制性，并补充说，不太可能再次加息。此外，央行宣布，从6月开始，美国国债的销售速度将放缓350亿美元，降至250亿美元。

The yield on the US 10-year Treasury yield erased its early decline and reached the 4.65% mark as markets continued to assess the outlook of the Federal Reserve’s monetary policy. New data showed that labor costs accelerated much more than expected in the first quarter, aligned with this week’s employment costs update, to underscore concerns of underlying inflation stemming from high wage growth. Also, unemployment claims unexpectedly held at a two-month low to sustain strength in the US labor market. The results aligned with the Fed’s warning that inflation has not slowed at the expected pace this year, likely warranting a prolonged period of restrictive monetary policy. Still, Chairman Powell noted that current policy is still sufficiently restrictive for the current backdrop, adding that another rate hike is unlikely. Additionally, the central bank announced that the pace of Treasury instrument selling will slow by $35 billion per month to $25 billion starting in June.

美国股指周四上涨，标准普尔500指数和纳斯达克指数上涨约0.4%，道琼斯指数上涨超过100点，这得益于美联储保证加息不在政策制定者对抗通胀的计划中，尽管这表明借贷成本将在更长时间内保持在创纪录水平。目前，市场显示，11月而不是9月首次降息的可能性更大。现在，人们的注意力转移到定于周五发布的关键NFP报告上，以进一步了解政策轨迹。在企业新闻中，高通公司在预测季度销售额和调整后利润高于预期后飙升5%，Carvana公司飙升37%，预计本季度零售额和核心利润将意外增长。米高梅国际度假酒店公布的业绩超过了第一季度的预测，而DoorDash预计第二季度的核心利润低于预期，Etsy第一季度的销售额和利润也低于预期。

US stock indexes rose on Thursday, with the S&P 500 and the Nasdaq up around 0.4% and the Dow Jones rising more than 100 points buoyed by the Federal Reserve's reassurances that a rate hike was not in policymakers' plans to combat inflation, although it signaled that borrowing costs would remain at record levels for a longer duration. Currently, markets indicate a greater probability of the first rate cut occurring in November, instead of September. Attention now shifts to the key NFP report scheduled for Friday for further insights into the policy trajectory. In corporate news, Qualcomm surged by 5% after forecasting quarterly sales and adjusted profit above expectations, and Carvana soared by 37% as it anticipated a surprise rise in current-quarter retail sales and core profit. MGM Resorts International reported results that exceeded Q1 forecasts, while DoorDash projected Q2 core profit below estimates, and Etsy's Q1 sales and profit also fell short of expectations.