尽管风险情绪上升，但澳元继续上涨。周五，澳元兑美元连续第三个交易日上涨。然而，随着白宫证实美国对中国商品的累计关税已升至145%，澳元/美元对的上涨可能会受到抑制。

Australian Dollar extends gains despite increased risk sentiment.The Australian Dollar (AUD) extends its gains for the third successive session against the US Dollar (USD) on Friday. However, the upside of the AUD/USD pair could be restrained as the White House confirmed that the cumulative US tariffs on Chinese goods have risen to 145%.

澳大利亚储备银行行长米歇尔·布洛克（Michele Bullock）顶住了就提前降息提供指导的压力，表示“现在确定利率的路径还为时过早”。周四，她在墨尔本举行的首席执行官女性年度晚宴上发表讲话，承认由于关税问题的不断发展，“金融市场和经济持续波动”，但她保证澳大利亚金融体系“强大，能够很好地吸收来自国外的冲击”。她强调澳大利亚储备银行将继续监测国内和全球市场，包括外汇走势和贸易伙伴的反应。尽管市场已经预计5月份可能降息50个基点，甚至呼吁在下一次董事会会议之前紧急降息，但布洛克重申，董事会的重点仍然是其双重任务：价格稳定和充分就业。她还将目前的情况与2008年进行了对比，指出现在的风险没有那么大。

Reserve Bank of Australia Governor Michele Bullock has resisted pressure to offer guidance on early interest rate cuts, stating it's "too early for us to determine what the path will be for interest rates." Speaking at the Chief Executive Women's annual dinner in Melbourne Thursday, she acknowledged ongoing "financial market and economic volatility" due to unfolding tariff issues, but reassured that the Australian financial system is "strong and well placed to absorb shocks from abroad." She stressed the RBA’s continued monitoring of both domestic and global markets, including FX movements and reactions from trading partners. While markets have priced in a potential 50bps cut in May and even called for an emergency rate cut ahead of the next board meeting, Bullock reiterated that the board's focus remains on its dual mandate: price stability and full employment. She also contrasted the current situation with 2008, noting that the risks now are not of the same magnitude.

日元和澳元预测：中国对策和衰退担忧。经济衰退的担忧和美中贸易战的升级重振了对日元的需求，给美元/日元带来了压力，并给日本央行加息的前景蒙上了阴影。

Japanese Yen and Aussie Dollar Forecasts: China Countermeasures and Recession Fears.Recession fears and US-China trade war escalation revive demand for the Yen, pressuring USD/JPY and clouding the BoJ rate hike outlook.

澳大利亚股市周五大幅下跌，因全球贸易担忧扰乱了投资者情绪。标准普尔/澳交所200指数下跌2.2%，至7540点左右，在华尔街隔夜恢复抛售后，放弃了前一交易日的大部分涨幅。此前，白宫证实，美国对中国商品的累计关税已飙升至145%，加剧了世界两大经济体之间的贸易僵局。市场参与者仍对美国关税对全球经济增长的更广泛影响持谨慎态度。金融股领跌，联邦银行（-3.4%）、麦格理集团（-4.7%）、澳新银行集团（-34%）、澳大利亚国民银行（-3.7%）和西太平洋银行（-3.6%）均大幅下跌。在大宗商品价格下跌的情况下，资源类股也走弱，包括必和必拓集团（-2.6%）、Fortescue Metals（-2.2%）和Woodside Energy（-4%）。。

Australian stocks fell sharply on Friday as global trade concerns rattled investor sentiment. The S&P/ASX 200 Index declined 2.2% to around 7,540, surrendering most of the gains from the previous session after Wall Street resumed its selloff overnight. The retreat followed confirmation from the White House that cumulative U.S. tariffs on Chinese goods have surged to 145%, intensifying the trade standoff between the world’s two largest economies. Market participants remain wary of the broader implications of U.S. tariffs for global economic growth. Financial stocks led the downturn, with significant losses from Commonwealth Bank (-3.4%), Macquarie Group (-4.7%), ANZ Group (-3.4%), NAB (-3.7%), and Westpac (-3.6%). Resource stocks also weakened amid sliding commodity prices, including BHP Group (-2.6%), Fortescue Metals (-2.2%), and Woodside Energy (-4%)..