数据显示，6月德国国内新订单环比增长2.2%，国外新订单下降3%。其中来自欧元区的新订单环比 增长5.2%，来自欧元区以外的新订单下降7.8%。 德国联邦统计局在声明中指出，当月新订单下滑主要集中在飞机、船舶、火车等运输设备制造业， 环比降幅达23.1%。汽车行业和金属制品制造业新订单分别下降7.6%和12.9%，电气设备制造业新订单 则增长23.5%。 新华社柏林8月6日电（记者车云龙 张毅荣）德国联邦统计局6日公布的数据显示，受汽车行业等领 域需求减少影响，经季节和工作日调整后，德国6月工业新订单环比下降1%。 数据还显示，经工作日调整后，德国6月工业新订单同比增长0.8%。 德国联邦经济和能源部当天表示，全球贸易政策和地缘政治不确定性持续高企，导致近期工业需求 波动较大。尽管德国企业出口预期在7月略有改善，但考虑到对美国出口的关税预计将长期维持较高水 平，未来德国工业经济或将受到国外需求疲软影响。 ...

欧洲企业二季度业绩意外超出市场预期，展现出在关税阴霾下的盈利韧性。 8月6日，据媒体报道，尽管特朗普政府加征关税令众多欧洲知名企业发出预警，但随着大多数欧洲上市 公司完成第二季度财报披露，分析师发现欧洲企业盈利和未来增长前景的表现没有市场此前担忧的那么 差。 报道称，虽然奢侈品等部分行业受到美国需求疲软打击，且欧洲汽车行业对关税负面影响发出警告，但 是金融、基建等行业表现突出，尤其是得益于欧洲财政刺激，军工企业的业绩表现"喜人"。 尽管贸易战造成利润前景大幅下调，但分析师认为欧洲有机会利用德国的大规模投资计划和国防支出确 保2025年表现好于悲观预期。花旗欧洲股票策略师Beata Manthey表示： "欧洲目前看起来相当有趣。明年应该会有不错的反弹。我们每周都在获得更多积极消息。 关税风险正被刺激措施所抵消。" 部分行业受冲击明显 奢侈品公司受到美国需求疲软的冲击。古驰母公司开云集团和LVMH等企业业绩承压。 "我认为关税讨论被过分夸大了，对行业的影响也是如此。更重要的问题是：产品是否有吸 引力？" 一位欧洲高级实业家补充说："我们可以坐在这里抱怨关税，但我对此无能为力。我希望看到欧洲支持 自己——采取措施 ...

Group 1: Market Overview - The A-share market showed a strong upward trend, with the Shanghai Composite Index returning to 3600, led by the military and robotics sectors. The total market turnover reached 1.61 trillion, an increase from the previous trading day, with all 31 Shenwan first-level industries rising and nearly 3700 stocks gaining [2][21] - Current market sentiment remains optimistic, with expectations for the index to continue rising until it surpasses the high point from October 8 of the previous year. Short-term support for the index is strong around 3420 points, which can be used as a reference for market strength [2][21] - The long-term upward trend is supported by recent policy shifts indicating a focus on fiscal spending directed towards households, such as the introduction of birth subsidies, which, while still less than those in developed countries, signal a shift in policy direction [2][21] Group 2: U.S. Market Insights - The U.S. stock market indices rebounded strongly, with the Dow Jones Industrial Average rising by 1.34%, the Nasdaq by 1.95%, and the S&P 500 by 1.47%. Market expectations are leaning towards a Federal Reserve rate cut in September, with strong buying interest driving the indices back into an upward trend [3][26] - The trade war has resulted in increased tariff revenues for the U.S., and the healthy state of household balance sheets allows consumers to manage the impact of moderate tariffs. In contrast, non-U.S. economies face risks due to previous currency appreciation affecting export revenues [3][26] Group 3: Policy and Industry Developments - The China Passenger Car Association has raised its forecast for 2025 passenger car retail sales growth to 6%, predicting total retail sales of 24.35 million vehicles and exports of 5.46 million vehicles, reflecting a 14% increase [40] - The Chinese government is enhancing support for emerging industries and digital infrastructure, including 5G and industrial internet, to prevent "involution" competition and promote high-quality development [40] - The European Union has not yet reached a consensus with the U.S. on a trade agreement, while Japan's government advisory group has recommended a significant increase in the minimum wage, marking the largest increase since 1978 [40]

每经AI快讯，东风股份（SH 600006，收盘价：7.27元）8月4日晚间发布公告称，公司第七届第十五次 董事会会议于2025年8月4日以通讯表决的方式召开。会议审议了《公司与中国东风汽车工业进出口有限 公司海外事业合作的议案》等文件。 2024年1至12月份，东风股份的营业收入构成为：汽车行业占比99.59%，其他业务占比0.41%。 （记者 张喜威） 截至发稿，东风股份市值为145亿元。 每经头条（nbdtoutiao）——"我们也深陷残酷价格战"！德资巨头中国区高管警告：智驾绝不能免费， 否则会给全行业带来灾难 ...

"东稳西缓"的宏观超级周 -宏观周报 (7 月 28 日-8 月 3 日) 本周关注:本周国内外密集召开重要会议、公布重要数据,宏观形势整体 ● "东稳西缓",中国政策层面托底内需,美国经济放缓信号明确,贸易摩擦 加剧分化。国内方面,7月政治局会议召开,着重落实落细现有政策,体现 了"立足当下,着眼长远"的战略思维,7月PMI主受季节性因素影响下 滑,"反内卷"重塑供给格局导致价格明显回暖,但基本面需求依然偏弱, 外需出现的边际下滑也值得注意。国债收益率曲线下行,8月 8 日起对新 发债券的利息收入恢复征收增值税,短期由于比价效应可能影响资金配置 意愿。国际方面,新一轮对等关税即将生效,而弱化的经济与劳动数据让美 联储陷入两难。 ● 国内宏观-需求端:(1)消费:居民出行热度平稳,乘用车销量增幅下降。 截至 7 月 31 日, 7 月 地铁客运量增速同比 0.65%、环比 4.61%, 7 月国内 执行航班数平均值为 1.45 万架次,环比 13.1%、同比 2.3%,本周居民出 行热度平稳。据乘联会,7月前27日全国乘用车市场零售 144.4万辆,同 比上涨 7.6%,较上月同期下降 21.0%; (2) ...

2025年前六个月土耳其对非洲出口的行业分布显示，化工行业以13亿美元位居榜首，其次是谷物、 豆类、油籽及其衍生物（12亿美元）、钢铁（9.424亿美元）、纺织品和原材料（6.755亿美元）和汽车 行业（6.19亿美元）。 自2023年出台"非洲政策 "以来，土耳其加强了在非洲大陆的参与。据土耳其副总统杰夫德特·耶尔 马兹（Cevdet Y?lmaz）称，双边贸易额已从2003年的30亿美元增长到2022年的近410亿美元，而截至 2024年11月中旬，土耳其公司已在非洲完成了1977个基础设施项目，累计价值916亿美元。 （原标题：2025年上半年土耳其对非洲出口额达100亿美元） "Ecofin"网站7月29日报道，自2003年以来，土耳其通过多种渠道加强了对非洲大陆的参与，包括 设立外交使团、签署安全合作协议以及使用宗教和人道主义组织等软实力工具。根据土耳其出口商大会 （TIM）2025年7月26日发布的数据，2025年上半年土耳其对非洲国家的出口额达到约100亿美元。 同一消息人士称，由于两国双边关系的改善，摩洛哥以18亿美元的出口额成为今年1月1日至6月30 日期间土耳其对非洲大陆的第一大出口目的地 ...

金十数据整理：8月1日美国关税大限倒计时！全球各国谁在"妥协让步"、谁在"死磕到底"？ 已达成协议： 1. 英国：①协议内容：基准关税从25%将至10%，汽车、航空产品部分豁免。②现存分歧：钢铁、铝及 数字服务税仍在谈判。 2. 越南：①协议内容：基准关税从46%降至20%，但若发现第三方商品经越南转运至美国，则征收40% 惩罚性关税。越南还承诺对美国商品全面零关税开放。 3. 印尼：①协议内容：关税从32%降至19%，印尼对99%美国商品取消关税壁垒，还将解决美国在印尼 市场面临的各种"非关税壁垒"和其他障碍。 4. 菲律宾：①协议内容：关税从20%降至19%，美方称菲将对美开放市场并实行零关税，双方将加强军 事合作。 5. 日本：①协议内容：基准关税从25%降至15%，为首个关键汽车行业获得较低优惠关税的经济体。日 本承诺5500亿美元对美投资（美国将获90%利润），将开放汽车市场。 7. 韩国：①协议内容：基准关税从25%降至15%，韩国承诺3500亿美元对美投资（美国将获90%利 润）、1000亿美元美国能源采购、开放汽车和农产品市场（大米、牛肉除外）。②现存分歧：半导体、 钢铝仍按50%原税率未调整 ...

Group 1 - The Chairman Zhao Leji's visit to Hungary from 24th to 28th aims to strengthen bilateral relations and mutual support, emphasizing China's appreciation for Hungary's adherence to the One China principle [2] - China welcomes more high-quality Hungarian agricultural products in its market and seeks policy support for Chinese investments in Hungary [2] - Hungary's Prime Minister Orban highlighted the significance of President Xi Jinping's state visit last year, marking a milestone in China-Hungary relations and emphasizing Hungary's strategic choice to develop friendly cooperation with China [2] Group 2 - In the first half of the year, China's total social logistics exceeded 171 trillion yuan, showing a year-on-year growth of 5.6%, indicating a stable growth in logistics demand [4] - The contribution of industrial goods logistics to the total social logistics growth was 85%, providing solid support for the stability of the industrial economy and the smooth operation of supply chains [4] - Emerging industries showed strong logistics demand growth, with logistics demand in equipment manufacturing and high-tech manufacturing increasing by 10.9% and 9.7% year-on-year, respectively [4] Group 3 - In the first half of the year, the "work-for-relief" program in China has absorbed 2.08 million low-income individuals for nearby employment, a 32% increase compared to the same period last year [6] - A total of 22.3 billion yuan in labor remuneration was distributed, marking a 34% increase year-on-year, with over 20,000 projects initiated under this program [6] Group 4 - The Ministry of Agriculture and Rural Affairs, along with 10 other departments, has introduced a plan with 23 specific measures to expand new consumption spaces for agricultural products, aiming to meet the evolving consumer demands [7] Group 5 - A new central enterprise automobile group, China Chang'an Automobile Group Co., Ltd., was established in Chongqing, consisting of 117 subsidiaries, focusing on green, low-carbon, and intelligent products to stimulate domestic demand [9]

Group 1 - Asian stock markets have declined for the third consecutive day, with Vietnam's VN Index dropping 4% as optimism from recent trade agreements fades [1][5] - The MSCI Asia-Pacific Index fell by 0.8%, while the US dollar index rose by 0.3%, reaching its highest level since late June [1][5] - Investors are shifting focus to key economic indicators as the Federal Reserve is expected to maintain interest rates during its upcoming policy meeting [1][6] Group 2 - The EU-US trade agreement has sparked controversy, with critics arguing it poses risks to the European automotive industry and competitiveness [2] - The euro has depreciated by 0.3% against the dollar, reaching its lowest level in five weeks, reflecting market skepticism about the trade deal [2][5] - Market reactions to the trade agreement have become more rational, with investors prioritizing hard data to assess economic and policy outlooks [2] Group 3 - The Federal Reserve's upcoming interest rate decision is a key focus for the market, with significant economic data expected to be released this week [6] - Analysts predict that the data will indicate a rebound in economic activity for the second quarter, influencing short-term policy decisions [6] - Gold prices are projected to rise significantly, potentially reaching $4,000 per ounce by the end of next year, driven by the Fed's rate cuts and increasing global gold reserves [6]

Group 1 - The core point of the news is the announcement of a new trade agreement between the US and the EU, which includes a 15% tariff on EU products entering the US and a commitment from the EU to invest an additional $600 billion and purchase $750 billion worth of US energy products [1][4][7] - The agreement has received mixed reactions from EU leaders, with German Chancellor Merz expressing that a no-deal scenario would have been more damaging for Germany, while Italian Prime Minister Meloni described the agreement as "sustainable" [4][7] - French Prime Minister François Bérou criticized the agreement as a "surrender" by the EU, highlighting concerns over the imbalance it creates, particularly for French agriculture, which faces a 15% tariff on products sold to the US while benefiting from zero tariffs on US agricultural imports [4][7] Group 2 - The internal divisions within the EU regarding the tariff agreement reflect differing interests between the political and business sectors, complicating the EU's ability to manage disputes [7][11] - The 15% tariff is expected to increase costs for EU exports to the US, potentially reducing competitiveness and impacting the development of the EU's industrial chain [7][11] - The agreement postpones negotiations on tariffs related to steel, aluminum, and chips, which are critical areas for both parties, to avoid complications that could derail the talks [11][12]