<p>（持续更新）</p><p>股市在谨慎交易中小幅上涨，关注科技股</p><p>由于特朗普对委内瑞拉的封锁，油价继续上涨</p><p>英格兰银行和欧洲央行将决定利率</p><p>美国 11 月消费者物价指数报告将于周四晚些时候公布</p><p>作者：Stella Qiu 和 Amanda Cooper</p><p>悉尼/伦敦，12 月 18 日（路透社）-</p><p>全球股市在周四小幅上涨，此前科技行业因对人工智能支出的担忧而受到冲击，投资者为一系列可能反映全球货币政策分歧的中央银行会议做准备。地缘政治紧张局势扰动商品市场。由于特朗普总统下令对所有进入和离开委内瑞拉的受制裁油轮实施 “封锁”，油价从五年低点反弹。银价创下新高，推动金价上涨。</p><p>英镑（GBP=）连续第二天下跌，</p><p>由于</p><p>周三英国通胀意外下降，几乎可以肯定英格兰银行将在周四降息。</p><p>欧洲央行也将在周四公布其政策决定，预计将维持利率不变，而交易员预计日本将在周五加息，但对明年的加息速度不太确定。</p><p>欧洲股市普遍上涨，STOXX 600 指数（.STOXX）上涨 0.1%，而美国股指期货（ESc1）（NQc1）上涨 0.3-0.6%，这表明基准指数在周三的暴跌后可能会有所喘息。</p><p>对创纪录的人工智能支出的担忧在甲骨文（ORCL.N）</p><p>宣布</p><p>一项支持数据中心项目的股权交易不包括关键合作伙伴蓝猫资本（OWL.N）后重新浮现。其股价暴跌 5.4%，自 9 月中旬以来已损失 50% 的价值，当时与 OpenAI 的交易引发了 35% 的单日涨幅。</p><p>“甲骨文仍然是主要的焦虑来源……这一最新挫折加深了投资者对甲骨文积极扩展人工智能基础设施的怀疑，” IG 分析师 Tony Sycamore 表示，并补充说他现在对纳斯达克 100 指数采取了更中立的立场。</p><p>“对资本支出飙升、沉重债务、建设延误、OpenAI 巨额现金消耗和混合的第二季度收益的担忧削弱了信心，使甲骨文成为逐渐消退的人工智能基础设施炒作的代名词。”</p><p>通胀意外加强了英格兰银行降息的理由 在货币政策方面，预计将被特朗普面试为下任主席候选人的美联储理事 Christopher Waller 表示，考虑到就业市场疲软的迹象，中央银行有降息的空间。</p><p>特朗普在周三晚些时候表示，下一任美联储主席将是一个 “非常” 相信降息的人。美联储仅表示明年将降息一次。</p><p>投资者还在等待</p><p>美国 11 月通胀报告</p><p>预计将显示核心通胀为 3%。</p><p>由于美联储关注就业市场，通胀报告可能对利率预期的影响不如预期的那么大。</p><p>“CPI，坦率地说，没什么太大关系，因为美联储的反应机制完全倾向于支持当前停滞的劳动市场，而失业救济申请即使初步数据与 12 月非农就业调查周重合，也不会特别影响市场，” Pepperstone 策略师 Michael Brown 表示。</p><p>在货币市场上，英镑（GBP=）连续第二天下跌，跌幅为 0.16%，至 1.3353 美元，隔夜最低触及 1.3313 美元，此前数据显示英国 11 月通胀降至 3.2%，低于预期，为 3 月以来最低。这几乎巩固了英格兰银行降息的理由。</p><p>欧元（EUR=）下跌 0.14%，至 1.1724 美元，距离三个月高点 1.18 不远，正值欧洲央行决策前夕。</p><p>国债价格小幅上涨，导致两年期收益率（US2YT=RR）下降 2 个基点至 3.464%，而基准 10 年期收益率（US10YT=RR）下降 1.8 个基点至 4.133%。</p><p>由于特朗普对委内瑞拉能源出口的封锁仍在继续，油价连续第二天上涨。报道称，如果莫斯科不同意乌克兰和平协议，美国正准备对俄罗斯石油实施新制裁，这也加剧了对短期供应的担忧。（O/R）</p><p>美国原油（LCOc1）上涨 0.6%，至每桶 56.13 美元，而布伦特原油（LCOc1）上涨 0.5%，至每桶 60 美元。（O/R)</p>

甲骨文

<p>全球股市在对人工智能支出担忧和中央银行会议的背景下恢复。由于特朗普对委内瑞拉的封锁，油价上涨。英国央行可能在英国通胀下降后降息；欧洲央行预计将维持利率不变。甲骨文的人工智能支出令投资者担忧。由于就业市场疲软，美联储可能会降息。英镑下跌，欧元在欧洲央行决策前走软。由于委内瑞拉封锁和潜在的俄罗斯制裁，油价上涨</p>

<p>(Updates throughout)</p>
<div class="lb-trans"><p>（持续更新）</p>
</div><p>Stocks edge up in cautious trade, focus on tech</p>
<div class="lb-trans"><p>股市在谨慎交易中小幅上涨，关注科技股</p>
</div><p>Oil extends gains on Trump’s Venezuela blockade</p>
<div class="lb-trans"><p>由于特朗普对委内瑞拉的封锁，油价继续上涨</p>
</div><p>BOE, ECB set to decide on rates</p>
<div class="lb-trans"><p>英格兰银行和欧洲央行将决定利率</p>
</div><p>US CPI report for November due later on Thursday</p>
<div class="lb-trans"><p>美国 11 月消费者物价指数报告将于周四晚些时候公布</p>
</div><p>By Stella Qiu and Amanda Cooper</p>
<div class="lb-trans"><p>作者：Stella Qiu 和 Amanda Cooper</p>
</div><p>SYDNEY/LONDON, Dec 18 (Reuters) -</p>
<div class="lb-trans"><p>悉尼/伦敦，12 月 18 日（路透社）-</p>
</div><p>Global shares crept higher on Thursday, after the tech sector got hit by renewed concern over AI spending, and investors prepared for a series of central bank meetings that will probably reflect the divergence in worldwide monetary policy. Geopolitical tensions are roiling commodities markets. Oil prices extended a rebound from five-year lows after President Donald Trump ordered a “blockade” of all sanctioned oil tankers entering and leaving Venezuela. Silver hit a new record that helped pull up gold.</p>
<div class="lb-trans"><p>全球股市在周四小幅上涨，此前科技行业因对人工智能支出的担忧而受到冲击，投资者为一系列可能反映全球货币政策分歧的中央银行会议做准备。地缘政治紧张局势扰动商品市场。由于特朗普总统下令对所有进入和离开委内瑞拉的受制裁油轮实施 “封锁”，油价从五年低点反弹。银价创下新高，推动金价上涨。</p>
</div><p>Sterling (GBP=) fell for a second day, after</p>
<div class="lb-trans"><p>英镑（GBP=）连续第二天下跌，</p>
</div><p>an unexpected drop</p>
<div class="lb-trans"><p>由于</p>
</div><p>in UK inflation on Wednesday all but guaranteed a rate cut from the Bank of England later on Thursday.</p>
<div class="lb-trans"><p>周三英国通胀意外下降，几乎可以肯定英格兰银行将在周四降息。</p>
</div><p>The European Central Bank also delivers its policy decision on Thursday and is widely expected to leave rates unchanged, while traders expect Japan to raise rates on Friday but are less certain about the pace of tightening next year.</p>
<div class="lb-trans"><p>欧洲央行也将在周四公布其政策决定，预计将维持利率不变，而交易员预计日本将在周五加息，但对明年的加息速度不太确定。</p>
</div><p>Shares in Europe rose broadly, lifting the STOXX 600 (.STOXX) by 0.1%, while U.S. stock futures (ESc1) (NQc1) rose 0.3-0.6%, suggesting there may be some respite for the benchmark indexes after Wednesday’s wash-out.</p>
<div class="lb-trans"><p>欧洲股市普遍上涨，STOXX 600 指数（.STOXX）上涨 0.1%，而美国股指期货（ESc1）（NQc1）上涨 0.3-0.6%，这表明基准指数在周三的暴跌后可能会有所喘息。</p>
</div><p>Concern over record AI spending resurfaced after Oracle (ORCL.N)</p>
<div class="lb-trans"><p>对创纪录的人工智能支出的担忧在甲骨文（ORCL.N）</p>
</div><p>announced</p>
<div class="lb-trans"><p>宣布</p>
</div><p>an equity deal to support a data centre project would not include a key partner, Blue Owl Capital (OWL.N) . Its shares tumbled 5.4%, meaning they have now lost 50% of their value since mid-September, when a deal with OpenAI sparked a 35% one-day rise.</p>
<div class="lb-trans"><p>一项支持数据中心项目的股权交易不包括关键合作伙伴蓝猫资本（OWL.N）后重新浮现。其股价暴跌 5.4%，自 9 月中旬以来已损失 50% 的价值，当时与 OpenAI 的交易引发了 35% 的单日涨幅。</p>
</div><p>“Oracle remained the primary source of anxiety … This latest setback deepened investor scepticism around Oracle’s aggressive AI infrastructure build-out,” said Tony Sycamore, analyst at IG, adding that he has now moved to a more neutral stance on the Nasdaq 100.</p>
<div class="lb-trans"><p>“甲骨文仍然是主要的焦虑来源……这一最新挫折加深了投资者对甲骨文积极扩展人工智能基础设施的怀疑，” IG 分析师 Tony Sycamore 表示，并补充说他现在对纳斯达克 100 指数采取了更中立的立场。</p>
</div><p>“Worries over soaring capex, heavy debt, construction delays, OpenAI’s massive cash burn, and mixed Q2 earnings have eroded confidence, positioning Oracle as the poster child of fading AI infrastructure hype.”</p>
<div class="lb-trans"><p>“对资本支出飙升、沉重债务、建设延误、OpenAI 巨额现金消耗和混合的第二季度收益的担忧削弱了信心，使甲骨文成为逐渐消退的人工智能基础设施炒作的代名词。”</p>
</div><p>INFLATION SURPRISE FIRMS CASE FOR BOE RATE CUT On the monetary policy front, Federal Reserve Governor Christopher Waller, who is expected to be interviewed by Trump as a candidate for the next chair, said the central bank had room to cut interest rates, given the signs of job market weakness.</p>
<div class="lb-trans"><p>通胀意外加强了英格兰银行降息的理由 在货币政策方面，预计将被特朗普面试为下任主席候选人的美联储理事 Christopher Waller 表示，考虑到就业市场疲软的迹象，中央银行有降息的空间。</p>
</div><p>Trump said late on Wednesday the next Fed chairman would be someone who believed in lower interest rates “by a lot.” The Fed has signalled only one rate cut next year.</p>
<div class="lb-trans"><p>特朗普在周三晚些时候表示，下一任美联储主席将是一个 “非常” 相信降息的人。美联储仅表示明年将降息一次。</p>
</div><p>Investors are also waiting for a</p>
<div class="lb-trans"><p>投资者还在等待</p>
</div><p>U.S. inflation report</p>
<div class="lb-trans"><p>美国 11 月通胀报告</p>
</div><p>for November later on Thursday that is expected to show core inflation at 3%.</p>
<div class="lb-trans"><p>预计将显示核心通胀为 3%。</p>
</div><p>With the Fed focused on the jobs market, the inflation report may have less impact on rate expectations than it otherwise might.</p>
<div class="lb-trans"><p>由于美联储关注就业市场，通胀报告可能对利率预期的影响不如预期的那么大。</p>
</div><p>“CPI, frankly, doesn’t matter too much, with the Fed’s reaction function tilting entirely towards supporting a stalling labour market at this stage, while jobless claims probably won’t especially move the needle either, even if the initial print does coincide with the December nonfarm payrolls survey week,” said Pepperstone strategist Michael Brown.</p>
<div class="lb-trans"><p>“CPI，坦率地说，没什么太大关系，因为美联储的反应机制完全倾向于支持当前停滞的劳动市场，而失业救济申请即使初步数据与 12 月非农就业调查周重合，也不会特别影响市场，” Pepperstone 策略师 Michael Brown 表示。</p>
</div><p>In the currency markets, sterling (GBP=) fell for a second day, dropping 0.16% to $1.3353, having hit a low of $1.3313 overnight after data showed British inflation slowed more than forecast to 3.2% in November, the lowest since March. That all but cemented the case for a rate cut from the BoE.</p>
<div class="lb-trans"><p>在货币市场上，英镑（GBP=）连续第二天下跌，跌幅为 0.16%，至 1.3353 美元，隔夜最低触及 1.3313 美元，此前数据显示英国 11 月通胀降至 3.2%，低于预期，为 3 月以来最低。这几乎巩固了英格兰银行降息的理由。</p>
</div><p>The euro (EUR=) eased 0.14% to $1.1724, not far from a three-month top of $1.18, ahead of the ECB decision.</p>
<div class="lb-trans"><p>欧元（EUR=）下跌 0.14%，至 1.1724 美元，距离三个月高点 1.18 不远，正值欧洲央行决策前夕。</p>
</div><p>Treasuries gained modestly in price, which sent two-year yields (US2YT=RR) down 2 basis points to 3.464%, while benchmark 10-year yields (US10YT=RR) dropped 1.8 bps to 4.133%.</p>
<div class="lb-trans"><p>国债价格小幅上涨，导致两年期收益率（US2YT=RR）下降 2 个基点至 3.464%，而基准 10 年期收益率（US10YT=RR）下降 1.8 个基点至 4.133%。</p>
</div><p>Oil prices gained for a second day as Trump’s blockade of Venezuelan energy exports remained in place. Reports that the U.S. was preparing new sanctions on Russian oil if Moscow did not agree to a Ukraine peace deal also fuelled concern over near-term supply. (O/R)</p>
<div class="lb-trans"><p>由于特朗普对委内瑞拉能源出口的封锁仍在继续，油价连续第二天上涨。报道称，如果莫斯科不同意乌克兰和平协议，美国正准备对俄罗斯石油实施新制裁，这也加剧了对短期供应的担忧。（O/R）</p>
</div><p>U.S. crude (LCOc1) rose 0.6% to $56.13 a barrel, while Brent crude (LCOc1) rose 0.5% to $60 a barrel. (O/R)</p>
<div class="lb-trans"><p>美国原油（LCOc1）上涨 0.6%，至每桶 56.13 美元，而布伦特原油（LCOc1）上涨 0.5%，至每桶 60 美元。（O/R)</p>
</div>

全球市场——股票从人工智能引发的重创中恢复；央行成为关注焦点