現貨黃金失守4030美元/盎司，日內跌幅1.91%。

Reserve Bank of Australia Deputy Governor Hunt said in a speech on supply shocks that recent oil-price-driven falls in consumer and business confidence have not yet produced clear signs of slowing in economic activity. She warned that ignoring supply shocks is not always appropriate and said if inflation expectations begin to rise the economy could face a period of low inflation alongside higher unemployment. Hunt said the board will continue to take necessary action to return inflation to target and to ensure the labour market is sustainably at full employment.

Morningstar analyst Chelsey Tam said China’s planned data-center build for government and SOE AI workloads could dent demand for Alibaba’s public-sector cloud and cut Alibaba’s annual cloud-revenue forecast from fiscal 2030 onward by 10%. Morningstar lowered its Alibaba ADR fair value by 7% to $241 but still regards the stock as undervalued, saying fears over logistics losses and rising compute costs are overstated. It added Alibaba’s limited US operations mean US legislative risk should have only a limited impact.