阿联酋ADX综合指数 (ADXGeneral) 加自选

2024年12月，阿拉伯联合酋长国中央银行将隔夜存款基准利率下调25个基点至4.40%，与美联储的降息保持一致。阿联酋中央银行的基准利率与美联储的储备利率挂钩，巩固了阿联酋的货币政策立场，并为国内隔夜市场利率建立了基准。

The Central Bank of the United Arab Emirates lowered its overnight deposit facility base rate by 25 basis points to 4.40% in December 2024, in line with the U.S. Federal Reserve's rate cut. The UAE Central Bank’s base rate, tied to the Fed's reserve rate, underpins the UAE's monetary policy stance and establishes a benchmark for overnight market interest rates within the country.

标准普尔全球阿拉伯联合酋长国采购经理人指数从上个月的54.1微升至2024年11月的54.2。这一增长是由产出增长推动的，产出增长超过了历史趋势，近四分之一的受访企业报告称，与上月相比，活动有所增加。随后，在成功收购客户、加强营销力度和战略性价格折扣的推动下，新订单以自8月以来的最快速度激增。与此同时，就业增长放缓，仅小幅上升至31个月来的最低水平，因为大多数公司报告的人员配置水平没有变化。在定价方面，投入成本通胀稳定在10月份的六个月低点，而产出费用有所缓解，延续了10月份开始的贴现趋势。最后，商业信心相对低迷，非石油企业称市场竞争加剧是一个挑战，限制了他们提高价格的能力。

The S&P Global United Arab Emirates PMI edged up to 54.2 in November 2024 from 54.1 in the previous month. This uptick was driven by output growth, which surpassed historical trends, with nearly a quarter of surveyed businesses reporting heightened activity compared to the previous month. Subsequently, new orders surged at their fastest pace since August, fueled by successful client acquisitions, enhanced marketing efforts, and strategic price discounts. Meanwhile, employment growth was subdued, rising only marginally to its weakest level in thirty-one months, as most firms reported unchanged staffing levels. On the pricing front, input cost inflation remained stable at October’s six-month low, while output charges eased, continuing a trend of discounting initiated in October. Finally, business confidence was relatively muted, with non-oil businesses citing intensifying market competition as a challenge, constraining their ability to raise prices.

紧随美联储降息之后，阿拉伯联合酋长国央行于2024年11月将其隔夜存款基准利率下调25个基点至4.65%。然而，监管机构的短期流动性借款利率仍比基准利率高出50个基点。阿联酋央行的基准利率与美联储的储备利率挂钩，反映了其货币政策立场，并为阿联酋的隔夜市场利率设定了下限。

The Central Bank of the United Arab Emirates cut the base rate of its overnight deposit facility by 25 bps to 4.65 % in November 2024, closely following the Federal Reserve’s rate reduction. However, the interest rate for short-term liquidity borrowing from the regulator remained at 50 basis points above the base rate. The UAE Central Bank’s base rate, linked to the Fed's reserve rate, reflects its monetary policy stance and sets a floor for overnight market interest rates in the UAE.

标准普尔全球阿拉伯联合酋长国采购经理人指数从9月份的三年低点53.8微升至2024年10月的54.1。经济好转主要得益于产出的更快增长。然而，新订单增长放缓至2023年2月以来的最低水平，导致就业增长放缓，降至30个月低点。与此同时，投入采购增长仍然强劲，特别是在企业努力解决最近积压积压的趋势时。供应商交货时间的改善有助于减少积压。在价格方面，由于购买价格和工资都有所放缓，投入成本通胀降至六个月来的最低水平，后者的通胀率是近一年来最低的。为了扭转销售放缓的趋势，企业还六个月来首次降低了产出价格。最后，商业信心从9月份的18个月低点有所改善，尽管它仍然是2024年迄今为止记录的最低水平之一。

The S&P Global United Arab Emirates PMI edged up to 54.1 in October 2024, from September’s three-year low of 53.8. The upturn was supported mainly by a faster increase in output. However, the growth in new orders softened to its lowest level since February 2023, contributing to weaker employment growth, which fell to a 30-month low. Meanwhile, input purchasing growth remained sharp, particularly as businesses worked to address the recent trend of backlog accumulation. The slower rise in backlogs was aided by improved supplier delivery times. On the price front, input cost inflation eased to a six-month low, amid a slowdown in both purchase prices and wages, with the latter showing the weakest inflation rate in almost a year. Firms also reduced their output prices for the first time in six months in an effort to reverse the slowing sales trend. Lastly, business sentiment improved from September's 18-month low, although it remained one of the weakest levels recorded in 2024 thus far.