Core Viewpoint - The latest tariff measures by the United States have failed to eliminate uncertainty for businesses [1] Group 1: Tariff Measures - The U.S. has implemented new tariff measures aimed at addressing trade imbalances [1] - Despite these measures, businesses continue to face significant uncertainty regarding future trade policies [1] Group 2: Business Impact - Companies report that the ongoing uncertainty is affecting their investment decisions and operational strategies [1] - The lack of clarity in trade regulations is leading to cautious approaches in business planning [1]

Core Insights - The U.S. labor data supports calls for monetary easing, indicating signs of weakness in the labor market [1] - The 10-year Treasury yield is at 4.295%, while the 2-year yield is at 3.801% [1] - July saw only 73,000 new jobs added, with the unemployment rate slightly rising from 4.1% to 4.2% [1] - Previous employment data has been significantly revised downwards, with May's job additions revised from 144,000 to 19,000, and June's from 147,000 to 14,000 [1] - Federal Reserve officials Waller and Bowman expressed concerns about the labor market's weakness prior to the employment report [1]

Group 1 - The domestic futures market opened with more declines than gains, with coking coal dropping nearly 2% and both coking coal and alumina falling over 1% [1] - In terms of gains, Shanghai gold, tin, silver, and lead all increased by nearly 1% [1]

Core Viewpoint - The non-farm payroll report indicates a significant downward revision of previous data, suggesting a stagnation in the labor market, which may lead to a reconsideration of the Federal Reserve's decision to maintain interest rates [1] Group 1 - Brian Jacobsen, Chief Economist at Annex Wealth Management, suggests that if Federal Reserve Chairman Jerome Powell had anticipated the current non-farm data, he might have opposed the decision to keep rates unchanged [1] - The non-farm employment report shows a stark reality with no embellishments, highlighting the challenges in the labor market [1] - Historical patterns indicate that the Federal Reserve made a mistake last year by not lowering rates in July, which led to an urgent rate cut in the following month [1] Group 2 - There is a concern that the Federal Reserve may repeat past mistakes by failing to adjust rates in response to the current labor market conditions [1]

Group 1 - The majority of domestic commodity futures in the night session opened lower, with notable movements in various metals and energy products [1] - Shanghai gold increased by nearly 1%, while Shanghai silver rose by 0.69% [1] - Other commodities such as zinc, alumina, rebar, coking coal, coking coke, and glass experienced declines, with coking coke dropping nearly 2% [1]

Core Insights - The U.S. labor market is showing signs of slowing down, with employers continuing to create jobs but reducing hiring, indicating that more companies are pausing expansion plans due to economic uncertainty [1] - Despite a strong labor market so far this year, the slowdown in job growth suggests deepening cracks in the employment market [1] - Economists warn that chaotic tariff policies, immigration restrictions, and federal government layoffs may further suppress economic growth [1] Labor Market Analysis - Employers are still generating employment opportunities, but the pace of hiring has decreased [1] - The labor market has remained robust throughout the year, but the recent trends indicate a potential weakening [1] Economic Implications - The reduction in hiring could be a response to broader economic uncertainties faced by businesses [1] - Potential factors contributing to economic growth suppression include tariff policies, immigration policies, and government employment cuts [1]

Group 1 - The private sector education and healthcare jobs remain a crucial source of employment growth in the U.S., particularly after being severely impacted during the COVID-19 pandemic [1] - In July, the private sector added 79,000 jobs in education and healthcare, surpassing the overall net job increase [1] - The healthcare and social assistance sector has shown a rebound in hiring, which has been a primary driver of employment growth in recent years [1] Group 2 - Without the hiring in the healthcare sector, the employment growth over the past three months would have shown a decline: a decrease of 53,000 in May, 45,000 in June, and a decrease of 300 in July [1] - Federal government employment has decreased for the sixth consecutive month, with a reduction of 12,000 jobs in July [1] - Despite the decline in federal jobs, state and local government employment has increased, limiting the overall decline in government employment to 10,000 [1]

金十数据8月1日讯，从两年期到七年期的美债收益率均下跌了至少10个基点，市场嗅出了一个"降息动 作落后于形势"的美联储。AmeriVet Securities美国利率交易与策略主管Gregory Faranello表示："我们预 计美联储将在9月开始降息。"他补充说："令人有些惊讶的是，几天前美联储主席还在暗示劳动力市场 强劲，转眼间却就迎来了这样的就业数据。" 机构策略主管：市场认为美联储"降息动作落后于形势" 料9月将降息 ...

以色列外交部：以色列驻阿布扎比大使馆和驻迪拜领事馆的代表继续与当地当局合作。 ...

Core Viewpoint - The USD/CAD exchange rate has decreased by 0.50%, currently standing at 1.3785 [1] Group 1 - The USD/CAD pair is experiencing a decline in value [1] - The current exchange rate indicates a stronger Canadian dollar relative to the US dollar [1] - The movement in the exchange rate may reflect broader market trends or economic indicators affecting both currencies [1]