Macro News - The Russian Ministry of Defense reported on July 9 that the Russian military conducted a cluster strike on Ukrainian military airport infrastructure, achieving all designated targets [1] - Ukraine's President Zelensky stated that Russia launched a new round of large-scale attacks on multiple Ukrainian cities, with a total of 741 aerial targets identified, most of which were intercepted [1] - The Ukrainian Armed Forces reported 112 battles on the front lines on the same day, successfully repelling Russian advances in multiple directions [1] Defense and Trade - The Trump administration has resumed the shipment of certain weapons to Ukraine, including 155mm artillery ammunition and precision-guided rockets, following a one-week pause [2] - President Trump announced a 50% tariff on all Brazilian products starting August 1, 2025, which Brazilian officials deemed unfair, emphasizing that Brazil is not a problem for the U.S. [2] - The precious metals market is experiencing price consolidation, with ongoing trade negotiations between the EU and the U.S. and new tariff threats from the Trump administration affecting market sentiment [2] - Recent U.S. economic data showed a non-farm payroll increase of 147,000 in June, surpassing market expectations, while the unemployment rate fell to 4.1%, impacting interest rate expectations [2] - The market anticipates potential interest rate cuts starting in September, influenced by trade policy clarity and economic data trends [2]
申银万国期货：关税阴云笼罩 贵金属价格延续盘整
Jin Tou Wang·2025-07-10 07:00