LJZ(SH:600663) Di Yi Cai Jing·2025-05-28 01:13Group 1: Consumer Confidence and Economic Indicators - The US Consumer Confidence Index improved in May, with the current conditions index rising to 135.9 and the expectations index soaring to 72.8, marking a rebound after five consecutive months of decline [2] - The decline in core capital goods orders by 1.3% in April represents the largest drop since October, driven by a decrease in durable goods orders, particularly commercial aircraft [2][3] - The S&P CoreLogic Case-Shiller National Home Price Index showed a year-over-year increase of 3.4% in March, down from 4% in February, indicating a slowdown in home price growth due to increased housing inventory and limited buyer demand [2] Group 2: Japanese Economic Outlook - The Bank of Japan's Governor, Kazuo Ueda, warned of potential inflation risks from rising food prices, suggesting a possible signal for further interest rate hikes [4][5] - Japan's debt-to-GDP ratio stands at 260%, raising concerns about fiscal stability as the government considers adjusting its bond issuance strategy [4] - Despite recent challenges in the bond market, Japan's economic fundamentals remain strong, with rising inflation indicating economic overheating and increased tourist activity [5] Group 3: Precious Metals Market - Platinum prices surged to a new high of $1,104.8 per ounce, reflecting a more than 10% increase over the week, driven by geopolitical factors and strong demand from the automotive industry [6][7] - The World Platinum Investment Council forecasts a supply shortage of 1 million ounces by 2025, highlighting the industrial demand for platinum, particularly in emissions control [6][7] Group 4: Microsoft and AI Developments - Microsoft unveiled its comprehensive strategy for AI at the Build 2025 developer conference, launching over 10 AI tools and 50 product updates, aiming to establish a leading position in the AI ecosystem [8] - Deutsche Bank maintained a "Buy" rating on Microsoft, projecting a target price of $475, citing the company's extensive product coverage and user base as key advantages in monetizing AI [8][9] Group 5: Institutional Investment Trends - The California Public Employees' Retirement System reduced its stake in Apple by 5.1 million shares, signaling a potential decline in institutional confidence in the company amid tariff-related challenges [10] - The fund increased its holdings in Meta, AMD, and McDonald's, which are less affected by tariffs and have a higher degree of localized manufacturing and service provision [10][11]