美国政府结束部分停摆状态，股指盘中V型反转

Macro Strategy (Gold) - The U.S. government has ended part of the shutdown, leading to a significant rebound in gold prices, indicating the end of a panic sell-off phase. After touching the 60-day moving average, bottom-fishing funds have entered the market, suggesting that gold prices are entering a consolidation phase [2][10][11] - Federal Reserve official Milan stated that there is a need to lower interest rates by over 100 basis points this year, which has influenced market sentiment towards gold and other precious metals [11] Macro Strategy (Foreign Exchange Futures - U.S. Dollar Index) - The U.S. government shutdown has ended, but geopolitical tensions remain high, particularly following the U.S. military's downing of an Iranian drone. This has led to a decrease in market risk appetite, resulting in fluctuations in the U.S. dollar index [3][12][13] Macro Strategy (Stock Index Futures) - The State-owned Assets Supervision and Administration Commission (SASAC) emphasized the need for central enterprises to focus on developing strategic emerging industries and future industries, aiming to open up a "second curve" of growth [16] - Despite initial market turbulence due to rumors about tax rate increases in certain sectors, the market rebounded after these rumors were debunked, indicating a return to a structural bull market driven by themes and concepts [15][16] Commodity News and Commentary Agricultural Products (Palm Oil) - India saw a 51% increase in palm oil imports in January, reaching the highest level in four months, driven by lower prices and pre-Ramadan stockpiling [29][30] - Malaysia's palm oil production decreased by 13.08% in January, continuing a trend of reduced output [28] Energy and Chemicals (Crude Oil) - The U.S. API reported a significant decrease in crude oil inventories, with a drop of 11.079 million barrels, indicating a tightening supply situation [46] - Geopolitical tensions, particularly between the U.S. and Iran, have led to a slight increase in risk premiums for oil prices [46][47] Shipping Index (Container Freight Rates) - The port of Chittagong has completely shut down due to worker protests, significantly impacting Bangladesh's import and export trade [52] - The SCFIS index showed a decrease of 3.6%, but the performance was better than expected, indicating some resilience in shipping rates despite ongoing supply pressures [52]