亚洲股市面临下跌压力，走势与华尔街同步，因油价持续高企，加剧了市场对于通胀的担忧。
Asian stocks were poised for declines, tracking moves on Wall Street as elevated oil prices continued to stoke inflation concerns.
日本、澳大利亚和韩国的股指期货显示，该地区股市指数或将连续第二个交易日下跌。美国股指期货基本持平，此前标准普尔500指数从历史高位回落，纳斯达克100指数则下跌0.2%。费城半导体指数下跌1.2%。
Equity-index futures for Japan, Australia and South Korea pointed to a second day of declines for a regional stock gauge. US stock contracts were little changed after the S&P 500 retreated from a record and the Nasdaq 100 slipped 0.2%. The Philadelphia Semiconductor Index fell 1.2%.
亚洲早盘交易中，美国原油价格上涨0.8%，此前布伦特原油价格稳定在100美元左右。交易员们正在权衡伊朗对霍尔木兹海峡船只的袭击升级与中东地区稳定的石油供应。周三，在成功完成390亿美元国债拍卖后，美国十年期国债收益率从盘中低点反弹，但仍接近2002年以来的最高水平。美元强度指数上涨0.3%，收盘接近6月以来的最高水平。
US oil advanced 0.8% in early Asian trading after Brent settled around $100 as traders weighed an increase in Iranian attacks on vessels in the Strait of Hormuz against resilient flows from the Middle East. Ten-year Treasuries rebounded from session lows on Wednesday after a solid $39 billion auction, though yields remained near their highest since 2002. A gauge of dollar strength rose 0.3% to close near its highest since June. Elevated oil prices are complicating the outlook for investors by adding to inflationary pressures just as the Federal Reserve signals it may need to tighten policy further.
高企的油价正在使投资者前景变得复杂，它加剧了通胀压力，而美联储此时正暗示可能需要进一步收紧政策。美联储9月会议纪要显示，官员们一致支持加息，许多人认为此举是为应对可能加剧的价格压力而采取的预防措施。
Minutes from the Fed’s September meeting showed officials unanimously backed a rate increase, with many supporting the move as insurance against stronger price pressures. “Another rate hike is probably coming this year because current policy isn’t very restrictive,” said David Russell at TradeStation.
TradeStation的David Russell表示：“今年很可能还会有一次加息，因为当前的政策并不足够紧缩。通胀高于目标水平，而大多数经济活动指标表现强劲，因此价格稳定是美联储的首要任务。” 所有19位美联储官员均支持上个月将基准利率目标区间上调25个基点至3.75%至4%的决定，这是自2023年7月以来的首次加息。此次调整是在政策制定者观察到经济出现复苏迹象的背景下做出的。
“With inflation above target and most measures of economic activity strong, price stability is the Fed’s dominant mandate.”All 19 Fed officials backed last month’s decision to raise the target range for the benchmark rate by a quarter point to 3.75% to 4%, the first increase since July 2023. The move came as policymakers saw signs of renewed strength in the economy.
官员们还讨论了金融环境，许多人指出，尽管长期国债收益率有所上升，但股市上涨和企业债券利差保持收窄，表明金融环境仍对经济增长构成支持。
Officials also discussed financial conditions, with many noting that even after the rise in longer-term Treasury yields, conditions remained supportive of growth as equities rallied and corporate bond spreads stayed narrow.
阅读：纽约联储称，一年期通胀预期升至三年来高位。在亚洲，日元兑美元汇率稳定在158左右。美联储会议纪要显示，美国参与日本7月底支持日元的干预行动是由财政部执行的，并未动用美联储自身的资金。
Read: One-Year Inflation Expectations at Three-Year High, NY Fed Says In Asia, the yen was steady around 158 per dollar. The Fed minutes showed that US participation in Japan’s late-July intervention to support the yen was carried out by the Treasury Department and did not involve the Fed’s own funds. Traders were also watching France’s fiscal strains, which threaten to pull the European Central Bank into its sharpest confrontation with markets since the euro-area debt crisis.
交易员们也在关注法国的财政压力，这或将迫使欧洲中央银行与市场的对抗达到自欧元区债务危机以来的最激烈程度。法国财政部表示，其债券发行策略不会改变。
France’s finance ministry said it isn’t changing its bond-issuance strategy. Attention is also shifting to the coming earnings season for signs that profit growth can justify elevated valuations as macro risks mount, and whether the artificial-intelligence boom has further to run.
市场关注点也开始转向即将公布的财报季，以寻找利润增长能否支撑当前高估值的迹象，同时观察人工智能热潮是否仍有进一步发展的空间。在亚洲，三星电子将于周四公布其初步季度业绩。
In Asia, Samsung Electronics Co. is set to report its preliminary quarterly earnings Thursday. Expectations have been rising, with earnings per share for S&P 500 companies projected to increase more than 24% in the coming reporting season, according to Bloomberg Intelligence.
据彭博智囊团预测，标普500成分股的每股收益在即将到来的财报季预计将增长超过24%，市场预期持续升温。
Barclays Plc strategists say AI remains a key earnings driver, though rising debt issuance and the capital-intensive nature of the buildout are putting returns under greater scrutiny.
巴克莱银行策略师表示，人工智能仍是推动盈利增长的关键因素，但债务发行增加以及人工智能建设的高资本投入特性，正使相关回报率受到更严格的审视。由Emmanuel Cau领导的研究团队继续看好半导体股票，并认为被市场低估的软件股在人工智能板块进一步扩张时可能受益。市场主要动态如下：本报道在彭博自动化系统的协助下完成。
The team, led by Emmanuel Cau, continues to favor semiconductor stocks and sees scope for beaten-down software shares to benefit as the AI trade broadens. Some of the main moves in markets: This story was produced with the assistance of Bloomberg Automation.