香港，10月30日：日本央行周五按预期维持利率不变，日元小幅上升；与此同时，美元随美债收益率下行，因为人工智能股票新一轮抛售引发避险情绪。
HONG KONG, Oct 30 : The yen inched higher on Friday after the Bank of Japan held rates steady as expected, while the dollar tracked Treasury yields lower as a fresh wave of selling in AI shares triggered a flight to safety.
日本央行在广泛预期的举措中，将利率维持在1.25%不变，但上调了通胀预测，并再次强调，随时准备继续推高借贷成本，以防范日益上升的通胀风险。
The BOJ left interest rates on hold at 1.25 per cent in a widely anticipated move, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to forestall mounting inflation risks.
决策公布后，日元升至每美元157.115的高位，抹去了本月大部分跌幅，并有望在10月整体持平。
Following the decision, the yen strengthened to a high of 157.115 per dollar, erasing most of its losses for the month and putting it on track to end October broadly flat.
投资者现在正等待日本央行行长植田和男于格林尼治标准时间06:30举行的新闻发布会，以寻求关于该政策决定及未来利率走势的进一步线索。
Investors are now awaiting Governor Kazuo Ueda's news conference at 0630 GMT for further clues on the policy decision and the future path of interest rates.
“结论：无聊的维持，鹰派方向，”东京State Street Investment Management首席固定收益策略师Masahiko Loo表示。
"Bottom line: boring hold, hawkish direction," said Masahiko Loo, chief fixed income strategist at State Street Investment Management in Tokyo.
“争论不再是日本央行是否正常化，而是终点（利率）在哪里。我们的基本情况仍是大约1.75%，因为日本正加入同步的全球紧缩周期。”日本央行结束了一周的央行决策，欧洲央行、美国联邦储备委员会和新西兰储备银行均维持利率不变，在顽固的通胀和收紧的金融条件下观望。
"The debate is no longer whether the BOJ normalises, but where the terminal (rate) lands. Our base case remains around 1.75 per cent as Japan joins the synchronised global tightening cycle." The BOJ wraps up a week of central bank decisions, with the European Central Bank, the US Federal Reserve and the Reserve Bank of New Zealand all leaving interest rates unchanged as they bide their time amid stubborn inflation and tightening financial conditions.
但他们远未结束，能源价格接近多月高点，中东冲突也没有解决的迹象。下周，英格兰银行和澳大利亚储备银行将成为焦点，投资者将关注它们的决策。
But they are by no means done, with energy prices near multi-month highs and no resolution to the conflict in the Middle East in sight. The Bank of England and the Reserve Bank of Australia will be in focus next week, with investors watching their decisions.
“我认为这只是一次暂时的停顿。全球紧缩周期仍将继续，这将继续成为外汇市场的驱动力，”澳新银行亚洲研究主管Khoon Goh表示。
"I think this is just a temporary pause. The global tightening cycle is still going to continue and that will continue to be a driver for FX markets," said Khoon Goh, head of Asia research at ANZ.
“进入2027年，最大的问题是，如果通胀持续高企，我们是否最终会面临更多潜在加息。”欧元此前一度跌至2025年5月以来的最低水平，随后反弹，最新报1.1197美元，较上一交易日上涨0.15%，本月料下跌1.2%。英镑上涨0.2%，报1.34美元，本月累计上涨1%。
"The big question is as we enter 2027, whether or not we might end up with potentially even more hikes if the inflation stays elevated." The euro was last 0.15 per cent stronger at $1.1197 against the greenback after briefly dipping to its lowest since May 2025 in the previous session, and was on track for a 1.2 per cent monthly drop. Sterling strengthened 0.2 per cent to $1.34, and was up 1 per cent for the month.
澳元上涨0.2%，报0.7042美元，10月累计上涨1.2%。纽元小幅上升至0.5640美元，本月持平。
The Australian dollar was 0.2 per cent stronger at $0.7042 and was up 1.2 per cent for October. The kiwi also inched up to $0.5640, flat for the month.
AI担忧引发避险潮 美元指数（衡量美元对一篮子货币汇率的指数）微跌至101.77。本月料上涨0.3%，将录得连续第二个月上涨。
AI JITTERS DRIVE FLIGHT TO SAFETY The dollar index, which measures the US currency against a basket of peers, was a shade weaker at 101.77. It was set for a 0.3 per cent gain this month, marking a second straight monthly rise.
美元主要受美国国债收益率下跌拖累，因为避险资产吸引了新的买盘。Alphabet本周早些时候公布的业绩重燃了对AI支出的担忧，拖累更广泛的股市走低，引发股票抛售，使避险债券更具吸引力。
The greenback is largely weighed by a dip in US Treasury yields as the safe-haven assets attract new bids. Results from Alphabet earlier in the week rekindled worries about AI spending and pushed broader stock markets lower, triggering a selloff in equities and making safe-haven bonds more attractive.
基准美国10年期国债收益率最新报4.8958%，30年期国债收益率跌至5.2623%，均创下一个多月以来的最低水平。
The yield on the benchmark US 10-year Treasury note was last 4.8958 per cent and that on the 30-year bond fell to 5.2623 per cent, both at their lowest in over a month.
“市场反应与传统的能源驱动型避险情形不同，”OCBC外汇策略师Sim Moh Siong在一份报告中表示。
"The market reaction looked different from a conventional energy-driven risk-off episode," Sim Moh Siong, FX strategist at OCBC, said in a note.
“与支撑美元并推高美国国债收益率不同，以美国为中心的AI担忧伴随着国债收益率下降，美元走软或普遍疲弱。”此外，油价仍处高位，布伦特原油期货料上涨11.5%，将录得连续第四个月上涨，这是两年多来的最长涨势。
"Rather than supporting the USD and pushing US yields higher, US-centric AI concerns were accompanied by lower Treasury yields and a softer or broadly subdued USD." Elsewhere, oil prices remained elevated, with Brent crude futures on track for an 11.5 per cent gain in their fourth straight monthly advance, the longest streak in more than two years.