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格林大华期货:美联储政策路径分歧 黄金多头保持谨慎乐观
Jin Tou Wang·2025-08-29 06:02

Group 1: Macroeconomic Developments - The Chinese Ministry of Commerce's delegation, led by Li Chenggang, visited Canada from August 24 to 27 to co-chair the 28th China-Canada Economic and Trade Joint Committee, aiming to enhance bilateral economic relations [1] - The EU Commission proposed two legislative measures to implement the joint statement on tariffs with the US, which includes the reduction of tariffs on EU automotive products and the elimination of certain tariffs on US industrial goods [2] Group 2: Market Insights - Non-farm employment data has contradicted the Federal Reserve's assertion of a strong job market, significantly increasing expectations for a rate cut in September [2] - The market is currently betting on a 25 basis point rate cut in September, despite the core CPI reaching a new high since February, which has reduced the probability of a 50 basis point cut [2] - Factors such as a likely rate cut cycle by the Federal Reserve, easing global trade tensions, and continued central bank gold purchases are expected to support gold prices [2] - The dismissal of Federal Reserve Governor Cook by Trump has raised concerns about the Fed's independence, contributing to increased investor risk aversion and supporting gold price increases [2]