普涨后下周迎关键验证，警惕2大变盘信号！

Group 1 - Global capital markets experienced a broad rally in risk assets, driven by easing geopolitical risks and a shift in Federal Reserve policy expectations [1][2] - The Nikkei 225 index led with a weekly increase of 4.55%, benefiting export manufacturers like Toyota due to a significant depreciation of the yen against the dollar [1][2] - The Nasdaq index rose by 4.25%, with Nvidia regaining its position as the world's most valuable company and Apple's acquisition of AI firm Perplexity boosting the tech sector [1][2] Group 2 - The easing of supply disruption risks in the Strait of Hormuz, following a ceasefire agreement between Israel and Iran, led to a significant drop in oil prices, with Brent crude falling by 12.11% [2] - Gold prices also decreased by 2.94% as safe-haven demand weakened [2] - The Federal Reserve's policy shift, indicated by Powell's congressional testimony suggesting a potential rate cut in July, has led to market expectations of two rate cuts this year, contributing to a decline in U.S. Treasury yields [2] Group 3 - In the A-share market, the Shenzhen Component Index rose by 3.73%, with the ChiNext Index increasing by 5.69%, reflecting a recovery in market sentiment and active growth sectors [3] - The computer sector led gains with a 7.70% increase, supported by policy backing for industries like gaming and AI, while oil and food sectors faced pressure due to falling energy prices [3] - The Hong Kong market also saw gains, with the Hang Seng Index up 3.2%, driven by large tech and financial stocks, supported by a net inflow of 28.4 billion HKD from mainland investors [3] Group 4 - Looking ahead, key focus areas include the final decision on the U.S. tariff suspension period expiring on July 9, U.S. non-farm payroll data for June, and China's PMI for June to assess policy effectiveness [4] - The A-share market showed a 1.91% increase in the Shanghai Composite Index, with major indices recording gains, while the micro-cap index rose by 6.18% [4][5] - The average daily trading volume increased to 14,884.48 billion CNY, up by 2,720.63 billion CNY from the previous week [5]