重磅突袭！刚刚，特朗普表态！A50，直线拉升！

Core Viewpoint - The recent announcement from the US-China Stockholm Economic and Trade Talks indicates a temporary suspension of 24% tariffs for 90 days starting from August 12, 2025, while retaining 10% tariffs on certain goods, which is expected to positively impact market sentiment and trading activities [1][10]. Market Reaction - Following the announcement, Asian markets experienced a significant rally, with the Nikkei 225 index rising over 2% and surpassing its historical high set in July 2024 [2][5]. - The KOSPI index in South Korea also saw a notable increase, climbing nearly 1%, and has risen over 40% since its low on April 9 [2][8]. Commodity Market Impact - International oil prices reacted positively, showing a notable increase, while natural gas and copper also experienced gains. Conversely, international gold prices opened lower but showed slight recovery later [8]. Investor Sentiment and Expectations - Analysts suggest that the extent of the positive impact from the tariff suspension will depend on prior market expectations. If the market had already priced in such news, there could be a potential pullback [3][12]. - The Hong Kong stock market has shown unstable reactions to tariff expectations since late July, with increased risk aversion leading to a weaker overall market trend [13]. Future Outlook - The market's cautious sentiment remains evident, as indicated by a decrease in average trading volume in the A-share market despite reaching new highs [13]. - Analysts from CITIC Securities believe that the recent market pullback presents a good opportunity for investment, especially with improving overseas conditions and potential inflows of foreign capital into the A-share market [14].