海外宏观周报（2025年第4期）：特朗普就职，日央行加息，美元大幅回撤

Group 1: Major Asset Trends - The 10Y US Treasury yield is at 4.63%, with a weekly change of +2.0 basis points[3] - The S&P 500 index reached 6101.24, reflecting a weekly increase of 1.74%[3] - The price of London spot gold is at $2776.80, up 2.27% for the week[3] Group 2: Economic Overview - The US dollar index decreased by 1.74%, dropping from approximately 109.4 to 107.5[9] - Offshore RMB appreciated by 1.33% during the week due to market reactions to US-China tariff policies[10] - Japan's CPI rose by 3.6% year-on-year in December, exceeding expectations of 3.4%[28] Group 3: Key Economic Indicators - The Michigan Consumer Sentiment Index for January was revised down to 71.1 from an initial 73.2[19] - The US manufacturing PMI rose to 50.1, surpassing expectations of 49.7[21] - The Eurozone consumer confidence index for January was reported at -14.2, slightly improving from -14.5[24] Group 4: Central Bank Actions - The Bank of Japan raised interest rates to a 17-year high, responding to rising inflation pressures[12] - The European Central Bank officials have been vocal about potential rate cuts, indicating a cautious approach[6] - The US Federal Reserve's independence may be challenged as President Trump calls for rate cuts[12]