【环球时报记者 倪浩 环球时报特约记者 任重】美国总统特朗普当地时间25日晚间在社交平台公布了一 封致美联储理事莉萨·库克的信件，称其已于当日解雇了这位理事。此举引发各界震动，美国有线电视 新闻网（CNN）称，这是美联储成立111年以来首次出现总统解雇美联储理事的情况。库克晚些时候通 过律师发表声明回应称，特朗普无权将她从美联储解雇，她也不会辞职。此次解雇风波正值特朗普频繁 施压美联储要求降息之际，媒体分析认为，此举可能引发一场旷日持久的法律战，并最终扰乱金融市 场。美联社报道称，如果特朗普成功将库克从理事会除名，或将削弱已然处于风暴中的美联储的独立 性，美国资产将因此承压。CNN表示，此举已让美联储陷入"未知领域"。 库克由前总统拜登提名出任美联储理事，是第一位担任美联储理事的黑人女性。库克在一份声明中表 示："总统特朗普声称有'正当理由'解雇我，但根据法律根本不存在任何正当理由，他也没有权力这样 做。我不会辞职。" 一位美国前联邦检察官25日告诉CNN，司法部并没有立案，他们还没有对库克提出指控，所以就目前 而言，这件事的合理性值得怀疑。库克的律师表示，特朗普的行为"存在缺陷，他的要求缺乏任何正当 程序、 ...

Core Viewpoint - The Governor of Bank Indonesia stated that capital flows have shifted from U.S. assets to safe-haven assets and emerging market assets [1] Group 1 - The shift in capital flows indicates a changing investment landscape, with investors seeking stability in uncertain economic conditions [1] - Emerging markets are becoming more attractive as investors diversify their portfolios away from traditional U.S. assets [1] - The trend reflects broader global economic dynamics, where geopolitical tensions and economic uncertainties influence investment decisions [1]

Core Viewpoint - Deutsche Bank indicates that despite a recent recovery in the U.S. market, foreign investors are still "refusing to buy U.S. assets" [1] Group 1: Foreign Investment Trends - Deutsche Bank's foreign exchange strategist George Saravelos analyzed fund flows from overseas into U.S. stocks and bonds, revealing a "sharp stagnation" in purchases by foreign buyers over the past two months [1] - The report concludes that the current capital inflow into the U.S. is likely to slow down significantly, posing a challenge for the dollar, which is already facing dual deficit issues [1] Group 2: ETF and Fund Activity - Foreign ETF investors are simultaneously selling U.S. Treasuries and equities, with a notable shift in sentiment from bullish to bearish on the dollar since February [3] - The report highlights that European investors' holdings of U.S. assets have increased from approximately 5% in 2010 to 20% in 2024, while Japanese investors' holdings have doubled to 16% [3] - Saravelos has been tracking around 400 overseas-registered ETFs focused on the U.S. market, finding that investors are actively selling stocks and bonds, with a halt in new purchases of U.S. equities [3] Group 3: Dollar Forecast - Saravelos has revised down his expectations for the dollar, citing that Trump's policies are diminishing foreign investors' willingness to finance U.S. trade and budget deficits [4] - The strategist predicts that by 2027, the dollar-to-euro exchange rate will decline from approximately 1.14 to 1.30, and the dollar-to-yen rate will drop from 142 to 115 [4]