邦达亚洲:经济数据表现良好 美元指数持续反弹

Group 1: US Manufacturing Sector - The final value of the US Manufacturing Purchasing Managers' Index (PMI) for December is 51.8, consistent with previous estimates and market expectations, but down from 52.2 in November, indicating a slowdown in manufacturing expansion to the lowest level in five months [1][6] - Manufacturing production continues to grow, but the growth rate has significantly slowed compared to the previous month; new orders have contracted for the first time in a year, reflecting weakening demand [1][6] - Rising tariffs are contributing to increased operational costs for manufacturing companies, creating greater business pressure, although input and output price increases have eased to the lowest levels in 11 months, indicating some relief in cost transmission pressures [1][6] Group 2: Eurozone Manufacturing Sector - The Eurozone Manufacturing PMI fell from 49.6 in November to 48.8 in December, marking the lowest reading in nine months and remaining below the neutral 50 mark for the second consecutive month, indicating widespread decline in manufacturing activity across the 20 Eurozone countries [2][7] - Germany, as the largest economy in the Eurozone, showed the weakest performance among the eight monitored countries, with its PMI reaching a ten-month low; Italy and Spain also fell back into contraction territory [2][7] - Economic sentiment in the Eurozone is cautious, with businesses showing neither the capacity nor willingness to accumulate momentum for the coming year, which is viewed as detrimental to the economy [8] Group 3: Currency Market Reactions - The US Dollar Index experienced slight gains, trading around 98.60, supported by the expectation that the Federal Reserve may only cut rates once in 2026 and by US economic data meeting market expectations [3][9] - The Euro has weakened against the dollar, trading around 1.1700, influenced by the strong dollar and weak Eurozone manufacturing data, although expectations that the European Central Bank's rate cuts are nearing an end have limited the decline [4][10] - The British Pound also saw a slight decline, trading around 1.3450, pressured by technical selling near the 1.3500 level and weak economic data from the UK [5][11]