<p>要点：</p>
<ul>
<li>市场因脆弱的美中关系而转向规避风险</li>
<li>法国暂停养老金改革后欧元上涨</li>
<li>英国劳动力市场数据打击英镑</li>
<li>加密货币继续下跌</li>
</ul>
<p>作者：Chibuike Oguh 和 Alun John</p>
<p>由于美中贸易关系再次出现紧张迹象，周二美元对避险货币瑞士法郎和日元走低，而在法国政府宣布拟暂停一项具有里程碑意义的养老金改革后，欧元上涨。</p>
<p>美元对瑞士法郎下跌 0.14%，报 0.803，对日元下跌 0.13%，报 152.08。在前一交易日，美元对这两种货币均上涨。</p>
<p>Bannockburn Capital Markets 的首席市场策略师 Marc Chandler 表示：“市场昨天有些被困住了。人们希望相信美中贸易紧张局势已经缓和。但显然并没有。”</p>
<p>周二，美国和中国开始对从假日玩具到原油等所有货物的海洋运输公司收取额外的港口费用。</p>
<p>此外，北京宣布已对与美国相关的韩国造船公司 Hanwha Ocean 的五家子公司采取反制措施，并表示已启动调查美国 301 条款调查对其国内航运业的影响。</p>
<p>这些针锋相对的措施削弱了美国总统唐纳德·特朗普在周末所表现出的和解语气，而这一语气在本周初曾助长了一些乐观情绪。</p>
<p>法国总理塞巴斯蒂安·勒科尔努暂停了 2023 年的一项具有里程碑意义的养老金改革，直到 2027 年总统选举后，以回应左翼立法者的压力，他们要求采取此举以确保他的政治生存。</p>
<p>在宣布后，欧元（EUR）对美元的涨幅进一步扩大，涨幅为 0.16%，报 1.1587 美元。</p>
<p>Chandler 补充道：“看起来财政紧缩的程度将低于前任政府。法国债券表现良好，是欧元区表现最好的。”</p>
<p>英国英镑对美元下跌 0.30%，报 1.32955 美元，此前数据显示英国薪资增长放缓，失业救济申请人数上升。</p>
<p>英镑对欧元也走软，欧元上涨 0.37%，报 87.18 便士。</p>
<p>澳大利亚元通常被视为中国资产和更广泛风险情绪的流动代理，因两国经济联系紧密，跌幅为 0.52%，报 0.64820，为近两个月来的最低水平。新西兰元下跌 0.26%，报 0.571 美元。</p>
<p>此外，加密货币普遍下跌，比特币下跌 3.44%，报 111,822.21 美元，以太坊下跌 7.06%，报 3,986.91 美元。</p>

GBTC

<p>由于美国与中国之间的贸易紧张局势重新加剧，美元对瑞士法郎和日元分别下跌了 0.14% 和 0.13%。在法国暂停养老金改革后，欧元上涨 0.16%，至 1.1587 美元。由于薪资增长放缓和失业申请增加，英镑对美元下跌了 0.30%。澳大利亚元和新西兰元也出现下跌，而加密货币继续下滑，比特币下跌了 3.44%</p>

<p>Key points:</p>
<div class="lb-trans"><p>要点：</p>
</div><ul>
<li>Markets turn risk off on fragile US-China relations</li>
<li>Euro gains after France suspends pension reform</li>
<li>UK labour market data hurts sterling</li>
<li>Cryptocurrencies extend decline</li>
</ul>
<div class="lb-trans"><ul>
<li>市场因脆弱的美中关系而转向规避风险</li>
<li>法国暂停养老金改革后欧元上涨</li>
<li>英国劳动力市场数据打击英镑</li>
<li>加密货币继续下跌</li>
</ul>
</div><p>By Chibuike Oguh and Alun John</p>
<div class="lb-trans"><p>作者：Chibuike Oguh 和 Alun John</p>
</div><p>The U.S. dollar was lower against the safe-haven Swiss franc and Japanese yen on Tuesday following renewed signs of strain in U.S.-China trade relations, while the euro gained after the French government announced the proposed suspension of a landmark pension reform.</p>
<div class="lb-trans"><p>由于美中贸易关系再次出现紧张迹象，周二美元对避险货币瑞士法郎和日元走低，而在法国政府宣布拟暂停一项具有里程碑意义的养老金改革后，欧元上涨。</p>
</div><p>The dollar weakened 0.14% to 0.803 against the Swiss franc  and was down 0.13% to 152.08 against the Japanese yen . The greenback gained against both currencies in the prior session.</p>
<div class="lb-trans"><p>美元对瑞士法郎下跌 0.14%，报 0.803，对日元下跌 0.13%，报 152.08。在前一交易日，美元对这两种货币均上涨。</p>
</div><p>&#34;The market got caught a little bit yesterday,&#34; said Marc Chandler, chief market strategist at Bannockburn Capital Markets. &#34;People wanted to believe that the U.S.-China trade tensions had de-escalated. But it's clear that they have not.&#34;</p>
<div class="lb-trans"><p>Bannockburn Capital Markets 的首席市场策略师 Marc Chandler 表示：“市场昨天有些被困住了。人们希望相信美中贸易紧张局势已经缓和。但显然并没有。”</p>
</div><p>The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil.</p>
<div class="lb-trans"><p>周二，美国和中国开始对从假日玩具到原油等所有货物的海洋运输公司收取额外的港口费用。</p>
</div><p>In addition, Beijing announced that it has taken countermeasures against five U.S.-linked subsidiaries of South Korean shipbuilding firm Hanwha Ocean and separately said it has launched an investigation into how a U.S. Section 301 probe affects its domestic shipping industry.</p>
<div class="lb-trans"><p>此外，北京宣布已对与美国相关的韩国造船公司 Hanwha Ocean 的五家子公司采取反制措施，并表示已启动调查美国 301 条款调查对其国内航运业的影响。</p>
</div><p>The tit-for-tat measures undermined what appeared to be a conciliatory tone from U.S. President Donald Trump at the weekend that had helped fuel some optimism at the start of this week.</p>
<div class="lb-trans"><p>这些针锋相对的措施削弱了美国总统唐纳德·特朗普在周末所表现出的和解语气，而这一语气在本周初曾助长了一些乐观情绪。</p>
</div><p>French Prime Minister Sebastien Lecornu suspended a landmark 2023 pension reform until after the 2027 presidential election, bowing to pressure from leftist lawmakers who had demanded such a move to ensure his political survival.</p>
<div class="lb-trans"><p>法国总理塞巴斯蒂安·勒科尔努暂停了 2023 年的一项具有里程碑意义的养老金改革，直到 2027 年总统选举后，以回应左翼立法者的压力，他们要求采取此举以确保他的政治生存。</p>
</div><p>The euro (EUR) extended gains against the dollar following the announcement. It was up 0.16% at $1.1587.</p>
<div class="lb-trans"><p>在宣布后，欧元（EUR）对美元的涨幅进一步扩大，涨幅为 0.16%，报 1.1587 美元。</p>
</div><p>&#34;It looks like there's going to be less fiscal austerity than the previous government. French bonds are having a good day - they are the best performing in the euro zone,&#34; Chandler added.</p>
<div class="lb-trans"><p>Chandler 补充道：“看起来财政紧缩的程度将低于前任政府。法国债券表现良好，是欧元区表现最好的。”</p>
</div><p>Britain's pound  was off 0.30% on the dollar at $1.32955 after data showed British pay growth slowing and jobless claims ticking higher.</p>
<div class="lb-trans"><p>英国英镑对美元下跌 0.30%，报 1.32955 美元，此前数据显示英国薪资增长放缓，失业救济申请人数上升。</p>
</div><p>The pound was also softer against the euro , with the common currency up 0.37% at 87.18 pence.</p>
<div class="lb-trans"><p>英镑对欧元也走软，欧元上涨 0.37%，报 87.18 便士。</p>
</div><p>The Australian dollar , often used as a liquid proxy for Chinese assets and broader risk sentiment given the two countries' close economic links, shed 0.52% to 0.64820, its lowest in nearly two months. The New Zealand dollar  fell 0.26% to $0.571.</p>
<div class="lb-trans"><p>澳大利亚元通常被视为中国资产和更广泛风险情绪的流动代理，因两国经济联系紧密，跌幅为 0.52%，报 0.64820，为近两个月来的最低水平。新西兰元下跌 0.26%，报 0.571 美元。</p>
</div><p>Elsewhere, cryptocurrencies were lower, with bitcoin  dropping 3.44% to $111,822.21. Ethereum  declined 7.06% to $3,986.91.</p>
<div class="lb-trans"><p>此外，加密货币普遍下跌，比特币下跌 3.44%，报 111,822.21 美元，以太坊下跌 7.06%，报 3,986.91 美元。</p>
</div>

由于贸易紧张局势重新浮现，美元兑瑞士法郎和日元走弱