Goldman Sachs(US:GS) Jin Shi Shu Ju·2025-05-09 13:05Market Overview - The US dollar index experienced fluctuations, reaching a high of 100.87, influenced by the Federal Reserve's decision to maintain interest rates and a hawkish signal from Powell [2][10] - Spot gold saw a significant increase of nearly $100 at the beginning of the week due to a weaker dollar and safe-haven demand, but later declined as optimism around trade negotiations grew [2] - Asian currencies strengthened initially, with the New Taiwan Dollar rising over 9% in two days, but the appreciation halted as the dollar strengthened [4] Oil Market - International oil prices experienced volatility, initially dropping 5% due to OPEC+ plans to accelerate production, but later rebounded due to increased demand in Asia and Europe, as well as a decrease in US production [6] Cryptocurrency Market - Bitcoin surpassed the $100,000 mark for the first time since February, indicating a positive trend for risk assets, with Ethereum also seeing a significant increase of over 20% [7] Trade Agreements - The US and UK reached a trade agreement that includes partial tariff reductions and expanded market access, although many details remain to be finalized [12] - The EU threatened to impose tariffs on nearly €100 billion worth of US goods if trade negotiations fail [13] Financial Policies - The People's Bank of China announced a series of monetary policy measures, including a 0.5% reduction in the reserve requirement ratio, aimed at stabilizing the market [18] - The Bank of England lowered its benchmark interest rate by 25 basis points to 4.25%, marking the fourth rate cut in the current easing cycle [24] Semiconductor Industry - The Trump administration plans to revoke AI chip export restrictions established during the Biden administration, aiming to simplify semiconductor trade regulations [14] Automotive Industry - New energy vehicle companies are shifting their marketing focus from "smart driving" to "assisted driving," reflecting a change in industry standards and sensitivity to legal responsibilities [26]