贸易局势不明纸白银探底反抽

Core Viewpoint - The silver price is experiencing short-term pressure due to strong U.S. economic data supporting the Federal Reserve's decision to delay interest rate cuts, but long-term inflationary pressures from tariffs and geopolitical uncertainties are expected to support silver prices [1][2]. Group 1: Market Dynamics - The latest paper silver price is trading at 8.793 yuan per gram, with a slight increase of 0.27% [1]. - Tariff policy uncertainties are bolstering silver's safe-haven appeal, despite short-term pressure from rising dollar and yields [2]. - The escalating trade tensions may heighten market risk aversion, potentially leading to a rebound in paper silver prices [2]. Group 2: Trade Negotiations - The EU is urged to act swiftly and firmly in U.S. tariff negotiations, with a deadline set for August 1, after which a 30% tariff on EU goods may be imposed [2]. - Japan is in urgent talks with the U.S. to avoid a 25% tariff, which will take effect if no agreement is reached by August 1 [2]. - Recent data shows that June import prices rose only 0.1% month-on-month, below the expected 0.3%, indicating that foreign exporters have not fully absorbed tariff costs [2]. Group 3: Technical Analysis - Paper silver opened at 8.719, reached a high of 8.782, and closed at 8.769, forming a long lower shadow hammer pattern [3]. - Resistance levels for paper silver are noted at 8.82-8.83, while support is seen at 8.60-8.70 [3].