澳大利亚10年期政府债券收益率降至4.51%左右，反映出美国总统唐纳德·特朗普敦促美联储降低利率后，美国债券收益率略有下降。投资者也在寻求进一步明确特朗普的关税计划，因为他备受期待的关税公告在就职典礼后未能实现。在澳大利亚，交易员仍在押注储备银行将在2月份的会议上将4.35%的现金利率下调25个基点。市场注意力现在转向下周公布的第四季度通胀数据，这将为澳大利亚储备银行的货币政策立场提供更多线索。潜在通胀的降温将巩固人们对央行下个月降息的预期。在经济新闻方面，澳大利亚1月份的商业活动略有上升（50.3比12月的50.2），因为服务业活动继续增长，尽管速度较慢，而制造业接近稳定。

Australia’s 10-year government bond yield fell to around 4.51%, mirroring a slight dip in U.S. bond yields after remarks from President Donald Trump urging the Federal Reserve to lower interest rates. Investors are also seeking further clarity on Trump’s tariff plans, as his widely anticipated tariff announcements failed to materialize following his inauguration. In Australia, traders are still wagering the Reserve Bank will cut its 4.35% cash rate by 25bps at its meeting in February. Market attention is now turning to the fourth-quarter inflation data due next week that would provide more clues on the RBA’s monetary policy stance. A cooling in underlying inflation would cement expectations for the central bank to cut rates next month. In economic news, Australia’s business activity rose marginally in January (50.3 vs 50.2 in December), as services activity continued to rise, albeit at a slower pace, while the manufacturing sector nears stabilization.

周五，澳元上涨至0.63美元以上，创下五周新高。此前，美国总统唐纳德·特朗普在与习近平主席交谈后表示，他更倾向于与中国达成贸易协议，而不是征收关税。鉴于澳大利亚和中国之间密切的经济联系，中国经济的发展受到密切关注，因为它们可能对澳大利亚市场产生重大影响。特朗普还呼吁美联储降低利率。在国内，数据显示，1月份澳大利亚的商业活动仍处于扩张性区域，服务业活动增长，制造业活动稳定。交易员现在关注的是下周的季度通胀报告，这可能会增强对澳大利亚储备银行2月份降息的预期。

The Australian dollar rose above $0.63 on Friday, hitting a five-week high after US President Donald Trump signaled his preference for a trade deal with China over imposing tariffs, following a conversation with President Xi Jinping. Given the close economic ties between Australia and China, developments in China’s economy are closely watched as they can have a significant impact on Australian markets. Trump also called on the US Federal Reserve to lower interest rates. Domestically, data showed that business activity in Australia remained in expansionary territory in January, with services activity growing and manufacturing activity stabilizing. Traders are now focused on next week’s quarterly inflation report, which could strengthen expectations for a February interest rate cut by the Reserve Bank of Australia.

尽管日本央行加息，澳元/日元仍保持在98.00上方的正位。尽管日本央行加息，澳元/日元仍保持在98.00上方的正位

AUD/JPY holds positive ground above 98.00 despite BoJ rate hike.AUD/JPY holds positive ground above 98.00 despite BoJ rate hike

澳元兑美元上涨至0.63的5周高点。过去4周，澳元兑美元上涨1.19%，过去12个月下跌4.35%。

AUDUSD increased to a 5-week high of 0.63. Over the past 4 weeks, Australian Dollar US Dollar gained 1.19%, and in the last 12 months, it decreased 4.35%.