周五，美元指数升至104.7，并有望在繁忙的一周结束时上涨约0.4%。鉴于美联储最近的利率决定和唐纳德·特朗普的选举胜利，投资者继续评估利率和经济增长的前景。正如预期的那样，美联储昨日将基准利率下调了25个基点。主席杰罗姆·鲍威尔指出，他既不排除也不承诺在12月再次降息，并表示选举结果不会影响近期的政策决定。因此，市场目前认为12月再降息25个基点的可能性接近68%。交易员现在将把注意力转向特朗普经济计划的最新进展以及下周的CPI和PPI数据发布。与此同时，受未来预期改善的推动，密歇根大学对美国的消费者信心升至7个月高点，这表明消费者支出仍然强劲。然而，这些数字并没有反映出对选举结果的任何反应。

The dollar index appreciated to 104.7 on Friday and is on track to end a busy week about 0.4% higher. Investors continued to assess the outlook for interest rates and economic growth in light of the Federal Reserve's recent rate decision and Donald Trump's election victory. The Fed cut the benchmark rate by 25 bps yesterday, as expected. Chair Jerome Powell noted he is neither ruling out nor committing to another rate cut in December and stated that the election results will not influence near-term policy decisions. As a result, markets currently see a nearly 68% probability of an additional 25 bps cut in December. Traders will now turn their attention to updates on Trump’s economic plans and next week’s CPI and PPI data releases. Meanwhile, the University of Michigan consumer sentiment for the US rose to a 7-month high, boosted by improving future expectations, in a sign consumer spending remains robust. The figures however, do not capture any reactions to election results.

根据密歇根大学消费者调查的初步估计，2024年11月，美国未来一年的通胀预期降至2.6%，为2020年12月以来的最低水平，低于上月的2.7%。分析师此前预计该指数将稳定在2.7%。与此同时，11月份的五年展望从10月份的3%上升至3.1%，也略高于市场预期的3%。

The year-ahead inflation expectations in the United States eased to 2.6% in November 2024, the lowest since December 2020, down from 2.7% in the prior month, according to the preliminary estimate from the University of Michigan Consumer Survey. Analysts had expected it to remain steady at 2.7%. Meanwhile, the five-year outlook ticked up to 3.1% in November, from 3% in October and also slightly above market estimates of 3%.

初步估计显示，密歇根大学对美国的消费者信心在2024年11月升至73，为七个月来的最高水平，而10月份为70.5，高于71的预测。然而，该读数没有反映出对选举结果的任何反应。预期指数从前一个月的74.1飙升至78.5，为2021年7月以来的最高水平。对个人财务的预期上升了6%，部分原因是收入前景增强，短期商业状况飙升了9%。长期商业状况增长至近四年来的最有利水平。另一方面，当前状况指数从64.9降至64.4。与此同时，未来一年的通胀预期从2.7%降至2.6%，达到2020年12月以来的最低水平。未来五年的通胀预期从3%微升至3.1%。

The University of Michigan consumer sentiment for the US increased to 73 in November 2024, the highest in seven months, compared to 70.5 in October and above forecasts of 71, preliminary estimates showed. However, the reading do not capture any reactions to election results. The expectations index soared to 78.5, the highest since July 2021, from 74.1 in the previous month. Expectations over personal finances climbed 6% in part due to strengthening income prospects, and short-run business conditions soared 9%. Long-run business conditions increased to its most favorable reading in nearly four years. On the other hand, the current conditions gauge fell to 64.4 from 64.9. Meanwhile, year-ahead inflation expectations fell to 2.6% from 2.7%, reaching the lowest since December 2020. Inflation expectations for the next five years inched up to 3.1% from 3%.

标准普尔500指数微涨0.3%，道琼斯指数上涨约210点，而纳斯达克指数在本周早些时候强劲反弹后，周五徘徊在持平线附近。鉴于美联储最近的利率决定和唐纳德·特朗普的选举胜利，投资者继续评估利率和经济增长的前景。公用事业、房地产和金融板块涨幅最大，而材料板块表现不佳。考虑到整个一周，标准普尔500指数飙升约4.3%，道琼斯指数上涨近4%，纳斯达克指数上涨5.6%，这是自2023年11月以来的最佳单周表现。特斯拉股价继续飙升，本周上涨近22%。

The S&P 500 edged up 0.3% and the Dow Jones added about 210 points while the Nasdaq hovered near the flatline on Friday, following a strong rally earlier in the week. Investors continued to assess the outlook for interest rates and economic growth in light of the Federal Reserve's recent rate decision and Donald Trump's election victory. Utilities, real estate and financials booked the biggest gains while materials underperformed. Considering the full week, the S&P 500 soared about 4.3%, the Dow Jones added nearly 4%, and the Nasdaq jumped 5.6% so far, their best weekly performance since November 2023. Tesla shares continued to soar, rising nearly 22% on the week.