中经院表示，制造业的保守观望、股市回调所带来的负面财富效应、消费者信心低迷等，均影响经济走 势。连贤明分析，厂商目前虽未陷入悲观，但乐观情绪仍显不足，美国关税政策对制造业的影响有望于 6、7月间逐渐明朗。(完) 中经院介绍，5月PMI五项组成指标中，经季节调整后，新增订单与人力雇用仍处于紧缩，生产活动由 紧缩转为扩张，供货商交货时间延长，存货则持续增加。制造业六大产业中，电子暨光学、电力暨机械 设备、化学暨生技医疗三大产业呈现扩张，交通工具、基础原物料、食品暨纺织产业则仍呈现紧缩。 非制造业方面，中经院指出，5月未经季节调整的台湾非制造业采购经理人指数(NMI)已连续3个月扩 张，本月NMI微升0.9个百分点至51.9%。非制造业商业活动与新增订单指数同步转为扩张，但未来展望 指数连续第三个月呈现紧缩。 中新社台北6月2日电 (记者张晓曦)台湾中华经济研究院(简称"中经院")2日在台北公布，经季节调整后， 今年5月台湾制造业采购经理人指数(PMI)回升2.1个百分点至51%，与4月相比由紧缩转为扩张。中经院 院长连贤明指出，厂商决策仍偏保守，目前"谈不上乐观"。 PMI高于50%表示景气处于扩张期，低于50% ...

金老虎：美联储放鹰屠金，多空底牌被扒，关税政策成"黑天鹅" 梅花香自苦寒来，梅花香自他是梅花，而不是苦寒，有人说觉得累，就去看下凌晨4点的菜市场和急诊 室，觉得累就应该去休息，而不是看谁比自己更累，毕竟恶难皆长相，非是登云梯，为什么道家从不主 张吃苦，因为苦难就是苦难，他不会带来成功，也并不值得追求，如果吃苦就会成功，那么驴是世界首 富； 本周黄金回顾及下周预测分析 本周金价整体走了连续下跌后的上升修复形态，金价从3356弱势下跌到3245整体波动了111美金，然后 金价从3245反弹到了3330的位置整体波动了85美金；本周整体大的波动波动率在196美金；本周金价走 出这么大的波动，主要原因还是以下几点： 一、宏观经济数据与美元走势的博弈 1：消费者信心超预期反弹：5 月美国消费者信心指数大幅回升至 98，创近四年最大单月涨幅，反映出 市场对经济前景的乐观情绪。这一数据直接提振了美元指数，导致以美元计价的黄金承压下跌。 2：通胀数据的双向影响：4 月核心 PCE 物价指数同比上涨 2.5%，虽低于前值但仍高于美联储 2% 的 目标。数据公布后，市场对美联储降息预期出现分歧：一方面，通胀放缓为降息提供了空间； ...

新华财经纽约5月30日电（记者刘亚南）由于当日发布的数据构成利好和贸易局势继续令市场担忧，纽约股市三大股指30日低开，早盘窄幅盘整，午间显 著走低，随后逐渐回升，收盘时纽约股市三大股指涨跌不一。 截至当天收盘，道琼斯工业平均指数比前一交易日上涨54.34点，收于42270.07点，涨幅为0.13%；标准普尔500种股票指数下跌0.48点，收于5911.69点， 跌幅为0.01%；纳斯达克综合指数下跌62.11点，收于19113.77点，跌幅为0.32%。 板块方面，标普500指数十一大板块八涨三跌。必需消费品板块和公用事业板块分别以1.16%和1.08%涨幅领涨，能源板块和非必需消费品板块分别以 0.68%和0.58%跌幅领跌。 美国商务部发布的数据显示，美国4月份个人消费支出价格指数环比增长0.1%，符合市场预期，而3月份为环比持平；该指数同比涨幅为2.1%，符合市场 预期，但低于3月份的2.3%。扣除食品和能源，4月份核心消费者支出价格指数环比涨幅为0.1%，符合市场预期，而3月份为环比持平；该核心指数同比涨 幅为2.5%，符合市场预期，3月份数据同比涨幅则从2.6%上调至2.7%。 密歇根大学当日上午发 ...

金十数据5月30日讯，数据显示，美国5月消费者信心指数与4月大致持平，结束了连续四个月的暴跌趋势。尽管5月初值数据显 示信心有所回落，但随着部分商品关税暂时暂停，月中下旬信心出现回升。月中之后，消费者对商业环境的预期改善，这可能 是贸易政策调整带来的直接影响。然而，5月整体收入停滞导致当前个人财务状况的满意度下降，抵消了上述积极变化。总体而 言，消费者认为经济前景不比上月更差，但对未来仍持高度担忧态度。 美国5月消费者信心止跌 关税暂缓提振乐观情绪 ...

智通财经5月30日电，美国5月密歇根大学消费者信心指数终值为52.2，预期51，前值50.8。 ...

美国5月密歇根大学消费者信心指数终值、一年期通胀率预期终值将于十分钟后公布。 ...

继2023年初以来最强劲的消费月份后，美国消费在4月踩下了刹车，而通胀依然温和，与经济放缓的趋 势一致。这些数据反映出，在近两年来最疲软的消费季度后，许多美国消费者对经济前景仍存隐忧。尽 管更高的进口关税尚未在商品价格中全面体现，但消费者信心已下滑，个人财务前景指数创下历史新 低。 ...

⑫ 次日01:00 美国至5月30日当周石油钻井总数 相关链接 今日重点关注的财经数据与事件：2025年5月30日 周五 ① 02:00 美联储理事库格勒致辞 ② 07:30 日本4月失业率 ③ 15:00 瑞士5月KOF经济领先指标 ④ 20:00 德国5月CPI月率初值 ⑤ 20:30 加拿大3月GDP月率 ⑥ 20:30 美国4月核心PCE物价指数年率 ⑦ 20:30 美国4月核心PCE物价指数月率 ⑧ 20:30 美国4月个人支出月率 ⑨ 21:45 美国5月芝加哥PMI ⑩ 22:00 美国5月密歇根大学消费者信心指数终值 ⑪ 22:00 美国5月一年期通胀率预期终值 ...

Financial Data and Key Metrics Changes - The company reported net sales of $400.4 million for Q4 2025, a decline of 11.7% compared to the prior year [4][14] - Adjusted EBITDA for the quarter was $47.1 million, representing 11.8% of net sales, down from 12.1% in the same period last year [7][17] - Adjusted net income was $24 million or $1.61 per diluted share, compared to $28.2 million or $1.78 per diluted share last year [17] - The gross profit margin decreased by 160 basis points to 17% of net sales from 18.6% in the prior year [15] - For the full fiscal year, net sales were $1.7 billion, a decrease of 7.5% year-over-year [19] Business Line Data and Key Metrics Changes - Remodel net sales decreased by 10.4% in Q4, with home centers and dealer distributors both declining by approximately 10-11% [14] - New construction net sales decreased by 13.4% for the quarter compared to last year [14] - The home center business saw a low single-digit negative comp, while the pro business reported a positive comp for the quarter [5] Market Data and Key Metrics Changes - Existing home sales fell by 0.5% month-over-month to a seasonally adjusted rate of 4 million in April 2025, with a year-over-year decline of 2% [4] - The NAHB housing market index dropped to 34 in May, marking the lowest level since November 2023 [6] - Single-family housing starts experienced negative comps from January to April [6] Company Strategy and Development Direction - The company focuses on three main pillars: growth, digital transformation, and platform design [10] - Key accomplishments include product innovation, capacity investments, and channel expansion despite a challenging macroeconomic environment [10] - The company is enhancing its manufacturing capabilities and transitioning independent distributor customers to a new brand [11][12] Management's Comments on Operating Environment and Future Outlook - Management expects demand trends to remain challenging, with net sales outlook ranging from low single-digit declines to low single-digit increases for fiscal year 2026 [9][21] - The company anticipates that as mortgage rates decline and consumer confidence increases, there will be a potential for higher ticket home projects [9] - Management highlighted the importance of removing uncertainty related to tariffs for future growth [50] Other Important Information - The company repurchased 1.17 million shares for $96.7 million during fiscal year 2025, representing about 7.5% of outstanding shares [20] - Free cash flow totaled $65.7 million for the fiscal year, down from $138.5 million in the prior year [19] Q&A Session Summary Question: Impact of tariffs on full year guidance - Management indicated that the outlook was significantly influenced by tariffs, estimating a cost impact of approximately $20 million [27][28] Question: Improvement in gross margins - The improvement in gross margins was attributed to operational adjustments made in Q4 following a challenging Q3 [30][31] Question: Revenue guidance assumptions for end markets - The revenue guidance assumes a consistent recovery across both remodel and new construction markets, with expectations for better performance in the second half of fiscal year 2026 [37][38] Question: Cost considerations beyond tariffs - Management acknowledged potential commodity inflation and labor costs as additional factors impacting guidance [44] Question: Savings from facility closure - The closure of a components facility is expected to yield annual savings of $5-6 million in EBITDA [46]

Macroeconomic Overview - The U.S. International Trade Court ruled that the Trump administration's "Day of Liberation" tariff policy exceeded its authority, leading to a suspension of its implementation, emphasizing that presidential trade management powers cannot surpass those granted to Congress by the Constitution [1] - This lawsuit, initiated by five small import businesses, marks the first significant legal challenge against the tariff policy, with seven similar lawsuits ongoing [1] - The ruling has alleviated market concerns regarding the trade war, resulting in a rise in U.S. stock index futures, with the Nasdaq futures increasing by 1.8% [1] - The dollar index surpassed the 100 mark, reflecting a positive market sentiment following Trump's postponement of tariffs on the EU and an agreement with China to reduce tariffs [1] - The Federal Reserve's May meeting minutes indicate officials are grappling with the dual challenges of rising inflation and unemployment, with a 60% probability of a rate cut in September [1] - Despite gold prices rising by 26% this year, the cautious stance of the Federal Reserve has suppressed gold prices [1] - Consumer confidence data exceeded expectations, reinforcing a robust economic outlook, while investors are focused on upcoming GDP, PCE data, and fiscal policy developments [1] Dollar Index - On Wednesday, the dollar index showed an upward trend, reaching a high of 99.933 and a low of 99.414, closing at 99.865 [2] - The market exhibited a bullish sentiment after a brief period of fluctuation, with a significant rise in the U.S. trading session [2] - Key resistance levels to watch include 100.20, with a focus on whether the index can maintain this level [2] - The weekly analysis indicates resistance at 101.70, suggesting a potential bearish trend in the medium term [2] Gold Market - Gold prices experienced a decline on Wednesday, with a high of 3325 and a low of 3276.48, closing at 3288.35 [4] - The market showed a bearish trend after testing key resistance levels, leading to a significant downward movement [4] - Current support levels are identified at 3270, with a focus on potential further declines if this level is breached [5] Euro/USD - The Euro/USD pair showed a downward trend on Wednesday, with a low of 1.1283 and a high of 1.1344, closing at 1.1289 [6] - The market remains under pressure due to resistance levels, indicating a bearish outlook [6] - Long-term support is noted at 1.0800, while short-term focus is on the 1.1130 area [6] Key Financial Data and Events - Upcoming key financial events include the Bank of England Governor Bailey's speech, Canadian current account data, U.S. initial jobless claims, and revisions to U.S. GDP [11]