人民币/韩元 (CNYKRW) 加自选

离岸人民币兑美元汇率在早盘短暂回落后，升至7.06左右，达到2023年5月以来的最高水平。尽管人们预计中国央行即将降息，但随着美联储决定将基准利率大幅下调50个基点至4.75%-5%，全球风险情绪有所改善，这一回升还是发生了。因此，这一政策举措为中国人民银行在不严重影响货币的情况下进一步放松货币政策提供了一些喘息的空间。现在，人们的注意力转向了中国央行将于明天公布的1年期和5年期贷款最优惠利率的决定，这将为中国是否会继续降息提供见解。与此同时，中国央行周三通过七天反向回购注入5682亿元人民币，以提高流动性。该行还计划在9月25日展期MLF贷款，推迟货币政策改革的变化，使短期利率成为更具影响力的市场动态指南。

The offshore yuan strengthened to around 7.06 per dollar, reaching its highest level since May 2023, after a brief retreat in the earlier session. This upturn occurred despite expectations of the PBoC's imminent interest rate cut, as global risk sentiment improved following the Fed's decision to cut its benchmark interest rate by a significant 50bps to 4.75%–5%. Consequently, this policy move provided some breathing room for the PBoC to further ease monetary policy without heavily impacting the currency. Attention now turns to the PBoC’s decisions on the 1-year and 5-year loan prime rates, due tomorrow, which will offer insights into whether China will follow through on rate cuts. Meanwhile, China's central bank injected CN¥568.2 billion through seven-day reverse repos on Wednesday to boost liquidity. The bank also plans to roll over MLF loans on September 25, delaying changes amid a monetary policy overhaul to make short-term rates a more influential guide for market dynamics.

在中国，上海综合指数周四上涨19点，涨幅0.71%。涨幅最大的是中国钼业（6.53%）、中国铝业（5.62%）和海尔智能家居（3.60%）。跌幅最大的是中石油（-2.48%）、中航沈阳飞机（-2.42%）和中煤（-2.07%）。

In China, the Shangai Composite Index rose 19 points or 0.71 percent on Thursday. Leading the gains are China Molybdenum (6.53%), Aluminum Corporation of China (5.62%) and Haier Smart Home (3.60%). Top losers were Petrochina (-2.48%), Avic Shenyang Aircraft (-2.42%) and China Coal (-2.07%).

周四，基准韩国综合股价指数上涨0.2%，收于2581点，扭转了早些时候的跌幅，尽管芯片股大幅下跌，但投资者对美联储降息0.5个百分点反应积极。在美联储四年来首次降息后，韩国财政部长宣布计划与央行协调应急措施，以应对这一决定。健康和汽车类股涨幅显著，包括三星生物制品（6%）、现代汽车（3.8%）、Celltrion（3.2%）和起亚（3%）。相反，SK海力士股价暴跌6.1%，为2月底以来的最低水平，此前摩根士丹利因担心芯片供应过剩而将目标价格减半，而同行三星电子股价下跌2%，至近18个月来的最低水平。在经济新闻方面，2024年第二季度，韩国家庭的盈余资金连续第八个季度下降，在高通胀和高利率的情况下，同比下降1.7%，至101万韩元。

The benchmark KOSPI rose 0.2% to close at 2,581 points on Thursday, reversing earlier losses, as investors reacted positively to the US Federal Reserve's half-percentage-point rate cut despite sharp declines in chip stocks. Following the Fed's first rate cut in four years, South Korea's finance minister announced plans to coordinate with the central bank on contingency measures in response to the decision. Notable gains were seen among health and auto stocks, including Samsung Biologics (6%), Hyundai Motors (3.8%), Celltrion (3.2%), and Kia Corp (3%). Conversely, SK Hynix plunged 6.1%, its lowest since late February, after Morgan Stanley halved its target price due to concerns over chip oversupply, while peer Samsung Electronics dropped 2% to its lowest level in nearly 18 months. In economic news, South Korean households' surplus funds fell for the eighth consecutive quarter in Q2 2024, declining 1.7% year-on-year to 1.01 million won amid high inflation and interest rates.

韩元兑美元贬值超过1330韩元，从六个月高点进一步回落，因为即使在美联储大幅降息半个百分点后，美元仍走强。这些举措出台之际，美联储主席鲍威尔在会后新闻发布会上表示，他们并不急于放松政策，削减半个百分点不是“新的步伐”。与此同时，韩国财政部长崔相茂表示，在美联储降息后，如有需要，政府将与央行协调，为金融市场部署应急计划。韩国官员最近一直表示，随着美联储开始宽松周期，韩国打算调整货币政策，这表明韩国准备在未来几个月降低借贷成本。

The South Korean won depreciated past 1,330 per dollar, retreating further from six-month highs as the dollar strengthened even after the US Federal Reserve delivered a supersized half-percentage point interest rate cut. Those moves came as Fed Chair Powell said in the post-meeting press conference that they are not in a rush to ease policy and that half-percentage point cuts are not the “new pace.” Meanwhile, South Korean finance minister Choi Sang-mok said the government will coordinate with the central bank to deploy contingency plans for financial markets if needed after the Fed lowered interest rates. South Korean officials have been indicating recently that it intends to adjust monetary policy as the Fed starts its easing cycle, signaling readiness to reduce borrowing costs in the coming months.