阿联酋通讯社8月14日报道，据迪拜数据与统计局统计，2025年第一季度迪拜GDP同比增长4%，达 1197亿迪拉姆（约327.9亿美元），显示该酋长国经济持续的韧性和活力。增长动力主要来自多项战略 性行业，其中医疗健康、房地产、金融和批发零售等领域表现突出。其中，人类健康和社会工作活动增 速最快，达26%，在GDP占比1.5%；房地产行业以7.8%的增速次之，在GDP占比7.5%。批发和零售贸 易活动仍是对迪拜经济最大单一贡献行业，在GDP占比达23%，同比增长4.5%。金融和保险业（占比 13.4%）、运输和仓储业（占比13%）、制造业（占比7.3%）、信息和电信行业（占比4.4%）、住宿和 餐饮服务业（占比4.1%）等主要行业分别增长5.9%、2%、3.3%、3.2%、3.4%。其他活动在GDP中占比 26%，同比增长1.9%。 （原标题：2025年第一季度迪拜GDP同比增长4%） ...

Economic Performance - In the first quarter of 2025, Dubai's GDP reached 119.7 billion dirhams, reflecting a year-on-year growth of 4% [2] - The growth demonstrates the resilience and vitality of Dubai's economy [2] Sector Contributions - The real estate sector experienced a significant growth of 7.8% [2] - The financial and insurance sector grew by 5.9% [2] - The wholesale and retail trade sector saw an increase of 4.5% [2] - The information and telecommunications sector grew by 3.2% [2] - The accommodation and food services sector increased by 3.4% [2] - The manufacturing sector grew by 3.3% [2] - The transportation and warehousing sector experienced a growth of 2% [2]

Economic Growth - Malaysia's GDP grew by 4.5% year-on-year in Q2, exceeding market expectations and slightly higher than the previous quarter's 4.4% [1] - The growth was primarily driven by strong domestic consumption, with significant contributions from the services and agriculture sectors [1] Sector Performance - The services sector was the main driver of economic growth in Q2, growing by 5.3% compared to 5.0% in Q1, supported by wholesale and retail trade, transportation, and business services [1] - Agriculture showed notable improvement with a 2.0% growth in Q2, up from 0.6% in Q1, largely due to increased palm oil production [1] - The construction industry continued its strong growth, achieving an 11% increase in Q2, despite a slowdown from 14.2% in Q1, driven by non-residential and specialized construction activities [2] - Manufacturing growth slowed to 3.8% in Q2 from 4.1% in Q1, but key sectors like electrical, electronic, and food processing remained robust [2] - The mining and quarrying sector faced challenges, contracting by 7.4% in Q2, worsened from a 2.7% decline in Q1, primarily due to falling oil and gas production [2] Domestic Consumption - Strong domestic consumption was a key factor in Q2 economic growth, supported by a stable labor market and low unemployment rates, which bolstered household spending [2] - Government cash assistance programs, such as SARA and STR, provided additional support to household spending, alleviating economic pressure on families [3] Trade and Policy Challenges - Despite exceeding growth expectations, Malaysia's economy faces challenges from global trade uncertainties, with exports unexpectedly declining by 3.5% in June [3] - Potential tariffs from the U.S. on Malaysian exports, particularly a proposed 25% tariff effective August 1, could significantly impact the export market [3] - The slowdown in major export markets may also affect export demand, alongside domestic policy adjustments that could pressure economic growth [3] Future Outlook - The central bank anticipates a slowdown in economic growth in the second half of the year but expects the annual growth rate to exceed 4.5% [4] - Continued domestic demand growth and government policy support are expected to provide some buffer for the economy [4] - The central bank is closely monitoring trade and tariff developments and is likely to implement further interest rate cuts later in the year to support economic growth [4]

Group 1 - The core viewpoint indicates that the US manufacturing sector remains sluggish in June, with new orders weak and input prices rising, suggesting that tariffs imposed by the Trump administration continue to hinder businesses' planning capabilities [2] - The latest data shows that the ISM manufacturing PMI for June increased slightly from May's six-month low of 48.5 to 49.0, marking the fourth consecutive month below 50, indicating contraction in the manufacturing sector, which accounts for 10.2% of the economy [2] - Despite economic uncertainties, the labor market remains stable, as evidenced by an unexpected rise in job vacancies in May to the highest level since November of the previous year, with job openings increasing from a revised 7.4 million in April to 7.77 million in May, surpassing economists' expectations [2] Group 2 - COMEX gold prices are currently trading at $3342.10 per ounce, down 0.23%, with a daily high of $3354.80 and a low of $3340.70 [3] - The short-term outlook for COMEX gold indicates resistance levels at $3380-$3390 and support levels at $3230-$3240 [3]

Group 1 - The JOLTS report indicates that the U.S. labor market remains stable despite economic uncertainties, with job openings unexpectedly rising to 7.769 million in May, surpassing expectations of 7.3 million and the previous month's figure of 7.391 million [1][3] - Job openings have shown volatility, with significant fluctuations of up to 500,000 per month, but have generally stabilized between 7 million and 8 million over the past year [3] - The increase in job openings in May was primarily driven by the leisure and hospitality sector, which accounted for three-quarters of the total openings, while other sectors showed mixed results [3] Group 2 - The number of layoffs decreased to 188,000 in May, with a layoff rate of 1%, indicating a relatively stable labor market [5] - Hiring numbers slightly declined from a peak of 5.615 million to 5.503 million, with the largest decreases observed in healthcare and manufacturing sectors [5] - The number of voluntary resignations increased from 3.215 million to 3.293 million, suggesting a tighter labor market as workers feel confident to seek better opportunities [5] Group 3 - The ratio of job openings to unemployed individuals rose to 1.1, aligning with pre-pandemic levels, marking the first increase in this metric in several months [3] - Economists are closely monitoring the upcoming June non-farm payroll report for signs of labor market slowdown, with expectations of slower job growth and a rising unemployment rate [7] - The JOLTS report is considered a key labor market indicator by policymakers, although some economists question its reliability due to a low response rate in the survey [7]

Core Insights - The unemployment rate in the Philippines rose to 4.1% in April, marking the second consecutive month of increase, with the number of unemployed reaching 2.06 million [1] - The unemployment rates for February and March were 3.8% and 3.9%, respectively, indicating a month-over-month increase and a year-over-year rise of 0.1 percentage points [1] - The number of unemployed increased by 130,000 from March to April [1] Employment Sector Analysis - The services sector remains the largest employer in the Philippines, with 30.12 million jobs, accounting for 61.9% of total employment [1] - Agriculture and industry represent 20.6% and 17.5% of total employment, respectively [1] - From January to April, employment in agriculture, accommodation and food services, and transportation and warehousing saw a significant decline, while administrative and support services, construction, and fisheries experienced job growth [1] Employment Quality and Youth Participation - The underemployment rate in April rose to 14.6%, up from 13.4% in March, indicating that 7.09 million workers are seeking more hours or better job opportunities [1] - The labor force participation rate for the 15 to 24 age group increased from 29.4% to 31.8%, suggesting more youth are entering the labor market [1] - However, the unemployment rate for this age group also increased from 11.0% to 11.5%, reflecting heightened employment pressure among young individuals [1]

Group 1 - The U.S. stock market saw a collective rise in the past week, with the Dow Jones Industrial Average increasing by 3% to 41,317.43 points, the Nasdaq Composite rising by 3.42% to 17,977.73 points, and the S&P 500 gaining 2.92% to 5,686.67 points [1] - The April non-farm payroll report released by the U.S. Bureau of Labor Statistics showed an increase of 177,000 jobs, exceeding market expectations of 133,000, while the unemployment rate remained at 4.2% [3] - Approximately two-thirds of S&P 500 companies have reported earnings that are 7% higher than expected, contributing to market support [1][2] Group 2 - Analysts suggest that the recent concerns over Trump's tariff plans may have subsided, and a summer rebound in the market is anticipated after the seasonal weakness in May and June [1] - The Federal Reserve is expected to signal potential interest rate cuts, with forecasts indicating up to four cuts starting in September, depending on economic data trends [4][5] - The first quarter of 2023 saw a contraction in the U.S. economy, largely driven by significant fluctuations in imports, likely in response to tariffs [5]

根据美国劳工统计局最新发布的四月非农就业数据显示，美国就业市场表现强劲，四月非农就业人数增加了十七点七万人，超出了市场预期的十三点八万。 这一数据不仅显示了就业市场的韧性，也表明失业率保持在百分之四点二，未出现重大的变动。尽管如此，专家普遍认为，美国劳动力市场的稳定可能难以 抵挡未来关税政策带来的潜在冲击。 细分数据上，美国医疗行业继续领跑，新增就业岗位增幅居首，而运输和仓储领域的就业增长也创下了自去年十二月以来的最大增幅。这些行业的增长反映 了在全球经济不确定性加剧的背景下，部分行业为了应对未来可能的贸易政策变化，加速了劳动力需求。然而，与此同时，美国制造业则出现了自二零二零 年以来最严重的萎缩，导致该领域的就业岗位出现了减少，显示出经济放缓的迹象。 虽然整体就业形势尚算稳健，但随着美国实施的关税政策影响逐渐加 剧，经济学家预计裁员情况可能会在未来几个月加剧。一些知名经济分析机构预测，未来可能会有至少五十万个工作岗位面临风险，这一趋势或许会影响到 更多依赖政府资金的行业。值得注意的是，裁员的频率已连续三个月上升，显示出部分企业正在进行规模调整以应对经济压力。 此外，美国三月的职位空缺数据降至九个月以来的最低 ...

由于特朗普的关税计划仍处于早期阶段，其影响尚未渗透到招聘中：劳工部在一份声明中表示，上个月 这个全球最大经济体增加了17.7万个工作岗位，略低于3月份修订后的18.5万个。 然而，根据Briefing.com的数据，就业创造仍远高于市场预期的13万个，并且略高于过去12个月的平均 月增长。 失业率保持在4.2%，与预期一致。 就业创 造仍远高于市场预期的13万个 美国政府周五公布的数据显示，4月份美国招聘放缓幅度低于预期，失业率保持不变，这给在唐纳德·特 朗普第二任总统任期初期的动荡月份中导航的投资者带来了信心。 自1月重返办公室以来，特朗普寻求削减联邦雇员数量，并发动了一场许多经济学家警告可能会冷却增 长并推高通胀的贸易战。 根据CME集团的数据，金融市场绝大多数预计美联储下周将延长其暂停降息的期限。 劳工部表示，上个月就业增长的行业包括医疗保健、运输和仓储、金融活动以及社会援助。 但4月份联邦政府就业减少了9000人，使自1月以来政府雇员总数减少了26000人。 特朗普政府因试图解雇数万名联邦员工作为积极削减成本的一部分而面临法律诉讼。 劳工部周五表示，4月份平均小时工资增长0.2%，至36.06美元。 ...

智通财经APP获悉，美国4月非农就业市场可谓持续增长稳健，失业率保持稳定，表明美国总统唐纳德· 特朗普主导的新一轮面向全球激进关税政策与全球贸易战役尚未对美国企业招聘计划产生实质的负面影 响。美国劳工统计局周五公布的数据显示，当月非农就业人数增加 17.7 万人，低于上月统计但是优于 经济学家们预期的13万，此前两个月的非农就业数据数据则小幅向下修正。失业率维持在 4.2%，与市 场预期一致。 这份新鲜出炉的非农就业数据，堪称是全球金融市场最想看到的非农就业数据——即这份非农数据带来 的市场尺度可谓"恰到好处"，好于市场预期，却又不至于特别好，既能够反馈美国经济动能依旧强劲， 又不至于引发美联储降息预期变数(交易员们仍旧押注今年美联储将降息4次，押注美联储首次降息仍将 出现在6月)。 在一些看涨美国资产的分析师们看来，随着中美贸易谈判即将重返正轨，这份非农就业数据足以改变美 国金融市场近期的命运。数据发布公布之后，美股三大股指期货和美国国债收益率显著上涨，4月以来 遭遇重挫的美元指数反弹动能有望延续下去。 美联储官员们近期普遍表示，在更清楚了解特朗普关税政策对美国经济的实际影响之前，并不急于宣布 降息政策。当 ...