Macro News - The main focus is on the conversation between Japanese Prime Minister Fumio Kishida and U.S. President Trump, where Trump urged Japan not to interfere in Taiwan issues, reflecting geopolitical tensions [1] - The U.S. core PCE price index for September showed a month-on-month increase of 0.2%, aligning with expectations and previous values, indicating stable inflation [1] - Economists anticipate that the Federal Reserve will lower interest rates in December, with potential further cuts in 2026, as the Fed is set to announce its decision on December 10 [1] Institutional Views - Overnight gold and silver prices experienced high volatility, with market attention focused on the Federal Reserve's monetary policy amid weak U.S. employment and inflation data, reinforcing bets on an interest rate cut this week [1] - Global geopolitical uncertainties and low visible silver inventories provide additional support for prices, although signs of stagnation at high levels are emerging [1] - Current gold and silver prices have largely priced in expectations for multiple future rate cuts, leading to heightened market sentiment; historical patterns suggest a "buy the expectation, sell the fact" approach during Fed policy transitions [1]
大有期货：美联储将降息警惕利好落地 金银或处高风险区域
Jin Tou Wang·2025-12-09 02:08