Market Overview - Japanese and South Korean stock markets opened lower, with the Nikkei 225 index down 0.56% at 54039.40 points and the KOSPI down 0.27% at 4710.28 points [1] - US stock indices closed lower on January 14, with the Dow Jones down 42.36 points (0.09%) at 49149.63 points, the Nasdaq down 238.12 points (1.00%) at 23471.75 points, and the S&P 500 down 37.14 points (0.53%) at 6926.99 points [1] - Metal prices continued their strong upward trend, with spot silver rising over 7% on January 14, surpassing $93, and year-to-date gains exceeding 28%. Spot gold reached a historical high of $4643 per ounce [1] International Macro - The US Bureau of Labor Statistics reported a 3% year-on-year increase in PPI for November 2025, with a month-on-month increase of 0.2%, matching expectations. Core PPI, excluding food and energy, also rose 3% year-on-year [3] - The Federal Reserve's Beige Book indicated that economic activity in most regions of the US has recently increased, with stable employment conditions but persistent inflationary pressures [3] - The White House announced a 25% import tariff on certain semiconductor products starting January 15 [3] Central Bank Independence - The independence of the Federal Reserve has become a focal point for the market, with multiple officials emphasizing its importance for long-term inflation rates. Chicago Fed President Austan Goolsbee highlighted that a lack of central bank independence could lead to rising inflation [4] - European Central Bank officials warned that undermining the Fed's independence could increase inflation and threaten financial stability [4] Institutional Views - Citigroup has raised its short-term price forecasts for gold and silver due to heightened geopolitical risks, physical shortages, and renewed uncertainty regarding the Fed's independence. The target price for gold has been increased to $5000 per ounce and for silver to $100 per ounce [5]
1月15日国际晨讯丨现货白银涨破93美元 美国对特定半导体加征25%关税
Sou Hu Cai Jing·2026-01-15 00:49