市场集会随着重点转移到通货膨胀，就业和技术收入而转变

上周，全球市场反弹，这是缓解美国 - 中国贸易紧张局势的迹象。本周，投资者将专注于欧元区通货膨胀数据

Global markets rebounded last week as upbeat U.S. macroeconomic data and a last-minute reprieve from President Donald Trump on new tariffs on Chinese goods helped to lessen some investor pessimism.

上周，全球市场反弹，因为美国宏观经济的宏观经济数据和唐纳德·特朗普总统对中国商品的新关税有助于减少一些投资者的悲观主义，并获得了最后一刻的缓刑。

However, despite the rally, markets are expected to remain volatile this week as traders keep an eye on eurozone inflation figures, the U.S. jobs report, and earnings from major tech firms, including Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Apple (NASDAQ:AAPL).

然而，尽管发生了集会，但随着贸易商密切关注欧元区通货膨胀数字，美国就业报告和主要科技公司的收入，包括Meta（Nasdaq：Meta），Microsoft（Nasdaq：MSFT），Amazon（NASDAQ：AMZN）和Apple（Nasdaq：Aapl），包括欧元区的通货膨胀数字，美国就业报告以及来自主要科技公司的收入，预计市场将保持波动。

Europe: Inflation and Growth In Focus

欧洲：通货膨胀和重点的增长

The eurozone will release its flash Consumer Price Index (CPI) for April on Friday. March inflation eased to 2.2%, while core inflation dropped to 2.4%, the slowest since 2021. Preliminary GDP figures from Spain, Germany, France, and Italy are also due, offering insight into the region’s economic momentum.

欧元区将于周五发布其4月的Flash消费价格指数（CPI）。 3月通货膨胀率下降到2.2％，而核心通货膨胀率下降到2.4％，是自2021年以来最慢的。

According to economists’ forecasts, eurozone inflation is expected to decrease further to 2.1% in April, while core CPI is forecast to rise slightly to 2.5%.

根据经济学家的预测，欧元区通胀预计将在4月进一步下降至2.1％，而CORE CPI预计将略有上升至2.5％。

The European Central Bank (ECB) has already cut interest rates seven times since June 2024, and it’s expected to make one more rate cut in June to lower the deposit rate to 2%.

自2024年6月以来，欧洲中央银行（ECB）已经降低了7次，预计将在6月降低一个利率，以将存款利率降低至2％。

Recently, ECB President Christine Lagarde stated that disinflation is nearly complete, but she also mentioned that the administration’s decision to impose tariffs on several categories of Chinese goods from August 27 could have a negative impact on the economic outlook.

最近，欧洲央行总裁克里斯汀·拉加德（Christine Lagarde）表示，解散几乎已经完成，但她还提到，政府决定从8月27日起对几类中国商品征收关税可能会对经济前景产生负面影响。

The administration’s move to impose tariffs on a range of Chinese products, including solar panels and modules, could result in increased consumer prices in the U.S., ultimately leading to higher inflation than anticipated.

政府提出对包括太阳能电池板和模块在内的一系列中国产品征收关税的举动可能会导致美国的消费价格上涨，最终导致通货膨胀高于预期。

United States: Jobs, Growth, and Apple’s Earnings

美国：就业，增长和苹果的收入

In the U.S., the April jobs report and first-quarter GDP will be closely watched on Wednesday and Thursday. March job growth surprised to the upside, but the new tariffs could soon begin to weigh on hiring. Economists expect 129,000 new jobs and no change in the 4.2% unemployment rate.

在美国，四月的工作报告和第一季度GDP将在周三和周四密切关注。三月的工作增长对此感到惊讶，但是新的关税很快就会开始招聘。经济学家预计4.2％的失业率预计有129,000个新就业机会，并且不会改变。

GDP growth is forecast to slow sharply to 0.3% in Q1 from 2.4% in Q4 2024. Meanwhile, the Fed’s preferred inflation gauge, the PCE index, will also be released.

预计GDP的增长将从第4季度2024年的2.4％急剧下降至1.3％。与此同时，美联储的首选通货膨胀量表，PCE指数也将被释放。

On the corporate front, Apple is expected to report 4% revenue growth and a 5% earnings increase. While Apple benefitted from temporary tariff exemptions, it still faces 20% duties on China-made goods and plans to move iPhone production for U.S. sales to India by 2026.

在公司方面，苹果有望报告4％的收入增长和5％的收入增长。尽管苹果受益于临时税收免税，但它仍然面临20％的中国商品关税，并计划在2026年将iPhone生产到印度的iPhone生产中。