周三，新西兰元在连续两个交易日下跌后徘徊在0.565美元，投资者等待美联储当天晚些时候的政策决定。虽然人们普遍预计美联储将保持其政策利率不变，但投资者将密切关注美联储主席杰罗姆·鲍威尔的新闻发布会，以寻找有关货币政策未来轨迹的任何线索。随着2月1日针对主要经济体（包括新西兰最大的贸易伙伴中国）的第一轮关税的最后期限临近，交易员们也保持谨慎。在国内，围绕新西兰储备银行的温和预期继续给货币带来压力。市场目前认为，在2月份的央行会议上，再次降息50个基点的可能性接近90%。

The New Zealand dollar hovered at $0.565 on Wednesday, following two consecutive sessions of losses, as investors awaited the U.S. Federal Reserve’s policy decision later in the day. While the Fed is widely expected to keep its policy rate unchanged, investors will closely watch Fed Chair Jerome Powell’s press conference for any clues on the future trajectory of monetary policy. Traders also remain cautious as the February 1 deadline approaches for the initial round of tariffs targeting major economies, including China—New Zealand’s largest trading partner. Domestically, dovish expectations surrounding the Reserve Bank of New Zealand have continued to pressure the currency. Markets are currently assigning nearly 90% chance of another 50bps cut at the central bank’s meeting in February.

新西兰股市周三早盘下跌12点，跌幅0.1%，至12945点，在工业服务、耐用消费品和医疗保健下跌的情况下，延续了第四个交易日的下跌势头。交易员们仍然感到紧张，因为他们预计主要央行，特别是美联储和欧洲央行，将在未来几天做出利率决定。投资者还警惕地等待着这个岛国12月的进出口数据，以及1月的商业信心数据。周二，由于中国人工智能初创公司DeepSeek的突然崛起导致前一天的暴跌，科技股反弹，华尔街的积极领先缓解了损失。早期的输家包括Sky Network TV（-3.1%）、Seeka有限公司（-1.8%）、A2 Milk Co.（-1.4%）和Ryman Healthcare有限公司（-14%）。

New Zealand's equities fell 12 points or 0.1% to 12,945 in the morning session on Wednesday, continuing its downward momentum for the fourth session amid declines in industrial services, consumer durables, and healthcare. Traders remained on edge as they anticipated upcoming interest rate decisions from major central banks, notably the US Fed and the ECB, in the following days. Investors also vigilantly awaited December export and import data from the island nation, along with January business confidence readings. Losses were mitigated by a positive lead from Wall Street on Tuesday, spurred by a tech rebound following a previous day's rout caused by the sudden rise of the Chinese AI startup, DeepSeek. Early losers included Sky Network TV (-3.1%), Seeka Ltd. (-1.8%), A2 Milk Co. (-1.4%), and Ryman Healthcare Ltd. (-1.4%).

RBNZ的Conway：利率走向中性。据路透社报道，新西兰储备银行首席经济学家Paul Conway周二晚些时候表示，随着疫情相关中断的消退，未来系统不会受到冲击，利率将趋于中性。  

RBNZ's Conway: Interest rates moving toward neutral.Reserve Bank of New Zealand Chief Economist Paul Conway said late Tuesday that the interest rate will tend towards neutral in the absence of future shocks to the system as pandemic-related disruptions fade, per Reuters.  

新西兰总理卢克森：将持续关注经济增长。新西兰总理克里斯托弗·卢克森在周二的议会演讲中表示，他的政府将在2025年持续关注释放增长，以提高收入，加强当地企业，创造机会。”

NZ PM Luxon: Will bring a relentless focus on unleashing growth.In a parliamentary speech on Tuesday, New Zealand (NZ) Prime Minister (PM) Christopher Luxon said that his government will bring a relentless focus on unleashing growth to lift incomes, strengthen local businesses, and create opportunity in 2025.”