Di Yi Cai Jing·2025-12-17 02:04Group 1: Employment Data and Market Reactions - The U.S. non-farm employment increased by 64,000 in November, exceeding the expected 50,000, but the unemployment rate rose to 4.6%, higher than the anticipated 4.5% [1] - Following the data release, the U.S. dollar index fell below 98, while spot gold saw a slight increase, indicating heightened market caution as year-end approaches [1] - Analysts are divided on the implications of the data, with some predicting that the Federal Reserve may implement two rate cuts in 2026 to support employment [2] Group 2: Copper Price Forecasts - Goldman Sachs raised its 2026 copper price forecast to $11,400 per ton, driven by expectations that U.S. copper tariffs will be delayed until 2027, leading to continued premium accumulation in the U.S. [3] - The report suggests a short-term bullish outlook for copper, but warns of potential risks due to crowded speculative positions and overly optimistic projections regarding AI data center demand [3] Group 3: Tesla's Autonomous Driving Developments - Tesla is conducting tests for autonomous taxis without safety drivers, which has led to a surge in its stock price, reaching an all-time high [4] - The company is expected to accelerate its autonomous driving initiatives, paving the way for the upcoming Cybercab model, with regulatory approvals for L3 autonomous vehicles being granted in China [4] - Analysts caution that Tesla's stock price may have already priced in significant future growth, suggesting a reduction in positions and hedging against potential downturns [5]