国际金融市场早知道：9月5日

Group 1: Trade and Economic Policies - The White House announced that President Trump signed an executive order to officially implement the US-Japan trade agreement, which includes tariff adjustments to prevent double taxation on previously high-tariff Japanese imports and adjusts the tax rate for products with a previous rate below 15% [1] - The US trade deficit surged by 32.5% in July to $78.3 billion, marking a four-month high, with total imports rising by 5.9% to $358.8 billion and exports increasing by only 0.3% to $280.5 billion [2] Group 2: Federal Reserve Insights - The US Department of Justice has launched a criminal investigation into Federal Reserve Governor Cook, issuing subpoenas [2] - Federal Reserve's Williams indicated that interest rate cuts may become appropriate "over time," although he did not specify the timing or pace of such actions [2] - Fed Governor Harker stated there is no reason to lower rates this month, as current data shows inflation remains above the Fed's 2% target and continues to rise [2] - Fed nominee Milan emphasized the importance of the Fed's independence for economic stability and stated that if appointed, he would maintain independent judgment without committing to support rate cuts [2] Group 3: Employment and Economic Indicators - In August, ADP reported an increase of 54,000 jobs in the US, falling short of the market expectation of 65,000, with July's figure revised to 104,000 [3] - US companies announced plans to add only 1,494 jobs in August, the lowest for the same period since 2009, while layoffs surged to nearly 86,000, the highest for this period since 2008 when excluding pandemic effects [3] - The ISM Services PMI for August registered at 52, indicating the fastest expansion in six months, with the new orders index jumping 5.7 points to 56, the largest increase since September of the previous year [3]