英镑上涨，英国GDP下一步。全球股市表现出剧烈的波动，这在货币市场也很明显。在最新一轮美国关税生效后，英镑大幅下跌，但在美国总统特朗普出人意料地宣布将在90天内将除中国外的所有国家特定关税降至10%后，英镑飙升。

British Pound Surges Higher, UK GDP Next.Global equity markets are showing sharp volatility which is also apparent in the currency market. The pound posted sharp losses after the latest round of US tariffs took effect, but has surged higher following US President Trump's surprise annoucement that he would reduce all country-specific tariffs to 10% except for China, for 90 days.

随着市场减少对英国央行宽松政策的押注，英镑走强——丰业银行。丰业银行首席外汇策略师Shaun Osborne指出，英镑兑美元上涨约0.6%，在G10同行中表现中等，回升至上周关税动荡前普遍存在的1.29-1.30拥堵区间。

GBP firmer as markets pare bets for BoE easing – Scotiabank.Pound Sterling (GBP) is up about 0.6% vs. the USD and a mid-performer among its G10 peers, climbing back into the 1.29-1.30 congestion range that had prevailed ahead of last week's tariff turbulence, Scotiabank's Chief FX Strategist Shaun Osborne notes.

英镑：金边行李–荷兰国际集团。欧元/英镑昨日短暂跌至0.8650，这一走势似乎与英国金边债券的抛售相吻合。ING外汇分析师Chris Turner指出，英国金边债券甚至表现不如美国国债，这相当引人注目，可能会让英国债务管理办公室感到非常不安。

GBP: Gilt baggage – ING.EUR/GBP briefly traded to 0.8650 yesterday – a move which seems to coincide with the sell-off in UK gilts. That UK gilts even underperformed US Treasuries is quite remarkable and probably very unnerving for the UK's Debt Management Office, ING's FX analyst Chris Turner notes.

RICS的英国住宅市场调查显示，2025年3月，房价平衡（跟踪报告价格上涨的受访者和报告价格下跌的受访者之间的差异）为+2%，分别低于1月和2月的+20%和+11%。最新数据也远低于+8%的预测，表明近几个月来价格增长基本停滞。这一趋势在英国大多数地区大致一致，尽管苏格兰和北爱尔兰仍然是例外，两者的房价都继续呈现出更强劲的上涨趋势。展望未来，短期情绪显得谨慎。三个月的价格预期系列记录的净余额为-26，表明对近期价格下跌的普遍预期。然而，对长期前景的信心仍然强劲，39%的受访者预计房价将在未来12个月内上涨。

The UK Residential Market Survey by RICS revealed that the house price balance—tracking the difference between respondents reporting price increases and those noting declines—posted at +2% in March 2025, easing from readings of +20% and +11% in January and February, respectively. The latest figure also came in way below forecasts of +8%, suggesting that price growth has largely stalled in recent months. This trend is broadly consistent across most regions of the UK, although Scotland and Northern Ireland remain exceptions, with both continuing to display a more robust upward trajectory in house prices. Looking ahead, short-term sentiment appears cautious. The three-month price expectations series recorded a net balance of -26, indicating a general expectation of price declines in the near term. However, confidence in the longer-term outlook remains strong, with a net balance of +39% of respondents anticipating that house prices will rise over the next 12 months.