美宣布宣布将对14国加征关税：申万期货早间评论-20250708

Core Viewpoint - The article discusses the implications of the U.S. imposing tariffs on 14 countries, highlighting the potential impact on various commodities and market sectors, including precious metals, oil, and stock indices [1][2][4]. Group 1: Tariff Implications - The U.S. will impose tariffs ranging from 25% to 40% on countries including Japan, South Korea, Malaysia, and South Africa starting August 1 [1]. - The announcement has led to a decline in domestic commodity futures, with most sectors experiencing a downturn, particularly in oilseeds and black metals [1][2]. Group 2: Precious Metals - Gold and silver prices are experiencing hesitation in upward movement due to market uncertainty surrounding the tariff policies and the upcoming deadline [2][16]. - The U.S. non-farm payroll data showed an increase of 147,000 jobs, exceeding expectations, which has led to a stabilization of the dollar and put pressure on precious metals [2][16]. Group 3: Oil Market - Oil prices rose over 2% as Saudi Arabia raised its outlook for oil demand in Asia, despite a surprise increase in U.S. crude oil inventories [3][10]. - The American Petroleum Institute reported a rise in crude oil inventories after five weeks of decline, indicating potential volatility in the oil market [3][10]. Group 4: Stock Indices - U.S. stock indices have seen a decline, with public utility sectors leading gains while coal sectors faced losses, reflecting market reactions to tariff announcements [3][8]. - The financing balance decreased by 6.341 billion yuan, indicating a tightening of capital in the market as uncertainties around tariffs grow [3][8]. Group 5: Domestic Economic Policies - China's Premier Li Qiang emphasized the country's capability to counter external economic pressures and maintain healthy economic growth through proactive macroeconomic policies [5]. - The Chinese government plans to implement measures to boost domestic demand and consumption, aiming to leverage its large market size for economic stability [5]. Group 6: Commodity Market Trends - The article notes that various commodities, including methanol and rubber, are experiencing fluctuations due to seasonal demand and supply chain dynamics [11][12][14]. - The overall sentiment in the commodity market remains cautious, with traders closely monitoring the developments in tariff policies and their potential impacts on supply and demand [2][3][4].