Market Overview - A-shares showed mixed performance with the Shanghai Composite Index down 0.96% to 4,117.95 points, while the ChiNext Index rose 1.27%[15] - The Hang Seng Index fell 2.08% to 27,387.11 points, with major tech stocks declining over 2%[11] - European markets were optimistic, with the Euro Stoxx 600 up 0.6% and the DAX rising 0.9%[9] U.S. Market Reaction - Trump's nomination of Kevin Warsh as the next Fed Chair led to a significant rise in the dollar, with the Dow Jones dropping 179 points or 0.36% to 48,892 points[9] - Gold prices experienced a historic drop, with a 40-year record decline, while silver recorded its largest drop ever[3] - The S&P 500 and Nasdaq fell by 0.43% and 0.94%, respectively, reflecting market volatility[9] Fixed Income Market - The U.S. Treasury yield curve steepened following Warsh's nomination, with the 10-year yield rising to 4.24%[28] - Asian bond markets showed weakness, with spreads widening by 1-3 basis points[28] Commodity Market - Gold is projected to reach $6,000 per ounce by 2026, driven by strong demand and supply constraints[25] - Copper and aluminum prices are expected to average $12,000 and $23,000 per ton, respectively, by 2026 due to structural low inventory[25] Sector Performance - In the U.S., 7 out of 11 S&P sectors declined, with the materials sector leading the drop at 1.84%[9] - In Hong Kong, the materials sector fell 8.3%, while the real estate sector declined by 0.9%[11]
沃什被提名新任联储主席：环球市场动态2026年2月2日
citic securities·2026-02-02 05:14