Group 1 - President Trump calls for the Federal Reserve to lower interest rates following a stronger-than-expected April jobs report, emphasizing that consumers have been waiting for prices to drop and asserting that there is no inflation [2][4] - The U.S. Bureau of Labor Statistics reported an increase of 177,000 non-farm jobs in April, surpassing market expectations of 133,000, although it is lower than the revised figure of 185,000 for March [2][4] - Despite previous criticisms, Trump has softened his stance towards Fed Chair Jerome Powell, stating he has no intention of firing him and expressing a desire to be respectful towards the Federal Reserve [3][4] Group 2 - The April employment growth remains strong, with the unemployment rate stable at 4.2%, indicating that uncertainties surrounding Trump's trade policies have not significantly impacted hiring plans [4][5] - The report shows a broad distribution of job growth, particularly in healthcare, while the manufacturing sector experienced layoffs, marking the most significant production decline since 2020 [5] - The Federal Reserve officials are cautious about lowering interest rates until the specific impacts of the Trump administration's policies on the economy are clearer, with expectations that the Fed will maintain the benchmark interest rate in the upcoming meeting [5]

惠誉：非农报告展示出经济弹性而不是经济衰退 美联储将继续袖手旁观 金十数据5月2日讯，惠誉评级惠誉评级Olu Sonola表示，这是一份不错的就业报告。本报告中劳动力市 场展示的"R"字是弹性（resilience），当然不是衰退（recession）。目前，鉴于贸易政策可能会拖累经 济，我们应该抑制对未来的热情。从本周的整体数据中得出的关键信息是，美国经济在4月的第一周基 本面强劲，但前景仍然非常不确定。美联储将继续袖手旁观，直到劳动力市场出现真正的疲软。 ...

美股高开 英伟达涨2% 金十数据5月2日讯，非农数据好于预期，美股高开，道指涨1.03%，标普500指数涨0.99%，纳指涨 0.9%。英伟达(NVDA.O)涨2.2%，据悉其在美国出口规定后调整AI芯片。苹果(AAPL.O)跌4%，库克预 计特朗普贸易政策将增加9亿美元成本。纳斯达克中国金龙指数涨2.6%。 ...

Core Viewpoint - Amazon's first-quarter performance showed resilience, but the second-quarter guidance indicates potential challenges due to tariffs and trade policies, particularly affecting its cloud business AWS, which experienced a sales slowdown beyond Wall Street's expectations [1][20]. Financial Data Summary - Revenue: In Q1, net sales reached $155.67 billion, a year-over-year increase of 8.6%, surpassing analyst expectations of $155.16 billion, with Q4 growth at approximately 10% [4]. - EPS: Q1 diluted earnings per share (EPS) was $1.59, up about 62.2% year-over-year, exceeding analyst expectations of $1.36, with Q4 growth at 86% [4]. - Capital Expenditure: Q1 capital expenditures were $25.02 billion, a year-over-year increase of approximately 67.6%, compared to Q4's growth of 90.8% [5]. - Operating Income: Q1 operating income was $18.405 billion, a year-over-year increase of 20.2%, exceeding analyst expectations of $17.51 billion, with an operating margin of 11.8% [5]. Business Segment Data - Online Stores: Q1 net sales for online stores were $57.407 billion, a year-over-year increase of 5%, compared to Q4's growth of 7.1% [6]. - Physical Stores: Q1 net sales for physical stores were $5.533 billion, a year-over-year increase of approximately 6.4%, exceeding analyst expectations of $5.41 billion [7]. - Subscription Services: Q1 net sales from subscription services, including Prime memberships, were $11.715 billion, a year-over-year increase of approximately 9.3% [8]. - AWS: Q1 net sales for AWS were $29.267 billion, a year-over-year increase of approximately 16.9%, slightly below analyst expectations of $29.36 billion [9]. Market Segment Data - North America: Q1 net revenue in North America was $92.89 billion, a year-over-year increase of approximately 7.6%, exceeding analyst expectations of $92.63 billion [10]. - International: Q1 net revenue outside North America was $33.51 billion, a year-over-year increase of approximately 4.9%, with an operating margin of 3% [10]. Guidance Summary - Revenue Guidance: For Q2, Amazon expects net sales between $159 billion and $164 billion, with analyst expectations at $161.42 billion [11]. - Operating Income Guidance: Q2 operating income is expected to be between $13 billion and $17.5 billion, below analyst expectations of $17.82 billion [11][17]. - Tariff Impact: Amazon's guidance does not account for potential tariff impacts post-April, indicating that future performance may be affected by trade policies [20].

英国央行可能更积极地降息 金十数据5月1日讯，牛津经济学院经济学家爱德华·艾伦比在一份报告中表示，由于担心美国关税对英 国经济的影响，英国央行可能会更加主动地降息。市场普遍预计英国央行将在5月8日的下一次公告中降 息至4.25%。由于美国的贸易政策带来了新的需求冲击，已经有初步迹象表明，货币政策委员会愿意采 取更积极主动的方式来放松政策。 ...

针对关税影响， 声明显示，包括贸易政策影响的不确定性仍然极高，出口和产出可能将继续表现疲软， 各国贸易和其他政策的长期高度不确定性可能导致企 业更多地关注削减成本。 声明进一步指出，如果全球物流出现中断，或进行供应链重组并产生大量成本，进口价格可能会上涨。这可能会反过来抑制国内需求。 日央行连续第二次维持利率水平不变，强调贸易政策存在"极高不确定性"。 5月1日周四，日本央行以9-0的投票结果通过最新利率决议，维持利率在0.5%不变，此次为该行连续第二次"按兵不动"，符合市场预期。 周四下午，日本央行行长植田和男召开货币政策新闻发布会。 植田和男重申加息立场，称关税冲击使经济和通胀前景更具挑战。 植田和男称，贸易政策带来的不确定性显著增加， 当前实际利率明显偏低，如果经济前景实现，将继续加息 ， 下次加息的时机将很大程度上取决于关税对经 济的影响。 日本央行一致同意"按兵不动"，继续维持利率不变 在上午公布的利率决议中，日央行下调了对GDP和通胀的预测，并强调贸易政策存在"极高不确定性"。 在决议声明中，日央行表示，日本金融体系整体保持稳定。消费有望维持温和上升趋势，经济增长将加快；但家庭对支出的防御性态度可 ...

日本央行行长植田和男：各地区的贸易政策可能会对经济产生下行压力。 ...

日本央行行长植田和男：日本央行的经济增长和价格预测可能会根据贸易政策的变化而发生重大调整。 ...

日本经济增长可能放缓。 日本经济正在温和复苏。 日本央行行长植田和男：贸易政策带来的不确定性显著增加。 ...

智通财经5月1日电，日本央行行长植田和男表示，贸易政策带来的不确定性显著增加；日本经济增长可 能会放缓。 ...