摘要今日周四(1月8日)亚盘时段，伦敦金目前交投于998.84元/克附近，截至发稿，伦敦金最新报1001.51 元/克，涨幅0.00%，最高上探至1003.87元/克，最低触及998.94元/克。目前来看，伦敦金短线偏向看涨 走势。 今日周四(1月8日)亚盘时段，伦敦金目前交投于998.84元/克附近，截至发稿，伦敦金最新报1001.51元/ 克，涨幅0.00%，最高上探至1003.87元/克，最低触及998.94元/克。目前来看，伦敦金短线偏向看涨走 势。 泽连斯基透露，乌美正就冲突中两大难点——领土(顿涅茨克地区)和扎波罗热核电站归属重新磋商，希 望与特朗普尽快会晤，寻求美国对乌15年以上安全保障提议的回应，并敦促美加大对俄施压。 此外，泽连斯基称，美欧的政治意愿尚未转化为有法律约束力的承诺，乌方拒绝接受俄核心要求(割让 顿涅茨克、放弃扎波罗热核电站)，强调谈判中不会再作新让步。 【最新伦敦金行情解析】 黄金小时线呈现圆弧底的形态，而且底部收下影线，大阳线支撑着，这是明显的多头形态，k线始终还 是站稳均线的，目前4430-4450是交易密集区，也是夯实底部信号的形态，继续看4490-4500。 【要闻速递 ...

一位欧洲高级官员表示，希望通过落实联盟的保障措施，能有助于巩固美国的承诺，这些承诺此前在与 乌克兰的双边讨论中已有大致轮廓。 外交官们表示，在周二的会议之前，包括乌克兰总参谋长在内的军方官员已抵达巴黎，将具体承诺落实 到纸面上，以便领导人提供政治背书。在此之前，军事方面的承诺大多含糊其辞。 据路透社审阅的一份发给35个受邀代表团的说明，此次会议将重点讨论在停火情况下，如何在乌克兰的 协调和美国的支持下，确立各国对一支多国部队的贡献。 东道主还旨在就更广泛的乌克兰安全保障贡献达成一致，包括如果乌克兰再次受袭时的约束性承诺。会 议将努力确保所谓"意愿联盟"出资国的规划与乌克兰、美国和欧洲的谈判立场保持协调。该说明还建议 商定后续步骤：如果莫斯科拒绝参与实质性谈判，将增加对乌克兰的支持并加大对俄罗斯的施压力度。 "我们已就安全保障的操作细节达成了协议，"一位法国总统府官员在峰会前告诉记者，"我们将解释这 些保障是如何构建的，以及所有相关方做出长期承诺的必要性。" 外交官和官员透露，乌克兰的盟友周二齐聚巴黎，旨在尽可能敲定未来安全保障的具体贡献，以便在与 俄罗斯达成停火时给基辅吃下"定心丸"。 乌克兰总统泽连斯基将与 ...

Core Viewpoint - The international gold price experienced significant volatility, with a drop of nearly 3% approaching the $4000 mark, followed by a rebound above $4100, indicating a turbulent market environment for gold [2][4][5]. Market Performance - On October 22, the international gold price saw a sharp decline, with both London gold and COMEX gold dropping over 5%, translating to a decrease of more than $200 per ounce in a single day [5]. - The latest trading data shows COMEX gold prices fluctuating, with a high of $4146.7 and a low of $4021.2, reflecting the market's instability [5]. Economic Indicators - U.S. President Trump reiterated that the Federal Reserve's interest rates are too high, with a 98.9% probability of a 25 basis point rate cut in October, and a 98.7% probability of a cumulative 50 basis point cut by December [6]. - Recent geopolitical developments, including a joint statement from various European leaders supporting a ceasefire in the Ukraine conflict, may influence market sentiment and gold prices [7]. Future Outlook - Citibank predicts that the end of the U.S. government shutdown and the announcement of a U.S.-China agreement could lead to a period of consolidation for gold prices over the next 2-3 weeks, with a revised short-term bearish outlook and a target price of $4000 per ounce [8].

Core Viewpoint - The article discusses the recent developments in the Ukraine-Russia conflict, highlighting Ukraine's readiness to negotiate peace and the support from European leaders for a ceasefire and diplomatic solutions [4][6]. Group 1: Ukraine's Position - Ukrainian President Zelensky stated that Ukraine is prepared to end the conflict with Russia and has completed preparations for upcoming meetings with European partners [5][6]. - A new defense capability agreement is set to be signed this week, which will serve as a long-term security guarantee for Ukraine [5][6]. Group 2: European Leaders' Support - A joint statement from European leaders, including the UK, Germany, France, and Italy, expressed unanimous support for a fair and lasting peace, endorsing Trump's proposal for an immediate ceasefire based on the current contact line [6][7]. - The statement emphasized that international borders should not be altered by force and highlighted ongoing efforts to increase sanctions and pressure on Russia [7]. Group 3: Impact on Russian Logistics - An explosion on the railway from Pskov to St. Petersburg, used for military logistics, has disrupted Russian railway transport and logistics, potentially affecting the supply of materials to Russian forces [2][3]. - The situation may lead to adverse effects on the Russian military's material supply chain [3].

Core Points - Multiple European leaders have issued a joint statement supporting U.S. President Trump's call for an immediate ceasefire between Russia and Ukraine, using the current front lines as a basis for negotiations [1][2] - The statement emphasizes the principle that international borders should not be changed by force and indicates plans to increase pressure on Russia while continuing support for Ukraine [3] Group 1 - The joint statement was signed by several European leaders, including the President of France, the President of the European Commission, and the Prime Ministers of the UK, Germany, Italy, Poland, Norway, Finland, and Denmark [3] - The leaders are developing a plan to utilize frozen Russian assets to support Ukraine and will hold a related meeting later this week [3] Group 2 - Russian Foreign Minister Lavrov stated that the call for an immediate ceasefire ignores the roots of the conflict and contradicts the consensus reached by the U.S. and Russian presidents [4] - Lavrov reiterated that the objectives of the special military operation are gradually being achieved and that ultimate victory is expected [5] Group 3 - Trump expressed skepticism about Ukraine's chances of winning the conflict, stating he never claimed they would win but suggested they could if an agreement is reached [7] - Trump proposed that Russia and Ukraine should "split" the Donbas region along current front lines, which would likely result in most of the territory being controlled by Russia [7] Group 4 - Ukrainian President Zelensky indicated readiness to negotiate territorial issues based on the current lines of contact and expressed willingness to engage in any form of dialogue [9] - Zelensky mentioned discussions about Ukraine's participation in a potential meeting between U.S. and Russian leaders, emphasizing the need for both parties' involvement for lasting peace [9]

Core Viewpoint - European leaders strongly support US President Trump's stance on the Ukraine issue, advocating for an immediate ceasefire between Russia and Ukraine, using the current front lines as the basis for negotiations [1][2]. Group 1: European Leaders' Position - A joint statement from multiple European leaders emphasizes the principle that international borders should not be changed by force [2]. - The leaders plan to increase pressure on Russia and continue supporting Ukraine, including utilizing frozen Russian assets to aid Ukraine [2]. - Key signatories of the statement include leaders from France, Germany, Italy, Poland, and other European nations [2]. Group 2: Russia's Response - Russian Foreign Minister Lavrov argues that the call for an immediate ceasefire ignores the roots of the conflict and contradicts previous agreements between the US and Russia [3]. - Lavrov asserts that the objectives of the special military operation are gradually being achieved and will ultimately lead to victory [3]. Group 3: Trump's Position - Trump states he has never claimed Ukraine would win, expressing skepticism about Ukraine's prospects in the conflict [4]. - He suggests that a ceasefire should involve dividing the Donbas region along current front lines, which would likely result in significant territory being controlled by Russia [4]. Group 4: Zelensky's Stance - Ukrainian President Zelensky expresses readiness to negotiate territorial issues based on the current lines of engagement, indicating a willingness to engage in any form of dialogue [5]. - He highlights the need for both sides' participation to achieve lasting peace [5]. Group 5: Diplomatic Developments - Russian presidential spokesman Peskov notes that no specific date has been set for a meeting between US and Russian leaders, emphasizing the need for thorough preparations [6]. - Peskov also mentions that discussing the involvement of EU leaders in the US-Russia summit is premature, and details of the summit are yet to be finalized [6].

Group 1 - European leaders strongly support Trump's position on Ukraine, advocating for an immediate ceasefire and using the current front lines as a negotiation starting point [2][4] - The joint statement emphasizes that international borders should not be changed by force and outlines plans to increase pressure on Russia while supporting Ukraine [5] - The leaders involved in the statement include key figures such as the President of France, the Prime Ministers of the UK, Germany, Italy, Poland, Norway, Finland, and Denmark, as well as the Presidents of the European Commission and European Council [5] Group 2 - Russian Foreign Minister Lavrov argues that the call for an immediate ceasefire ignores the root causes of the conflict and contradicts previous agreements made between the US and Russia [7][8] - Lavrov maintains that the objectives of the special military operation are gradually being achieved and expresses confidence in eventual victory [8] - Trump has expressed skepticism about Ukraine's chances of winning the conflict, stating he never claimed Ukraine would win but suggested a potential agreement could lead to a favorable outcome [10][11] Group 3 - Ukrainian President Zelensky has indicated readiness to negotiate on territorial issues based on the current lines of engagement, emphasizing the need to end the war [12][13] - Zelensky has also mentioned discussions regarding Ukraine's involvement in a potential meeting between US and Russian leaders, highlighting the importance of both parties' participation for lasting peace [13] - Russian Presidential Press Secretary Peskov stated that no specific date has been set for a meeting between US and Russian leaders, and discussions about the involvement of EU leaders are premature [14][17]

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - This week, oil prices fluctuated. The inflection point in fundamentals has emerged, and the market is focusing on the ceasefire negotiations in the Russia-Ukraine conflict and the US's measures to impose additional tariffs on India. After the "Trump-Putin meeting", Trump said he would not consider imposing additional tariffs on China for purchasing Russian oil for the time being, and the risk rating of sanctions policies has decreased. Attention is now on whether India will resume spot market purchases of Russian oil next week. Fundamentally, global oil inventories are accumulating, with a 303-million-barrel increase in US commercial crude oil inventories. Brazil and Guyana have reached record-high crude oil export volumes. The peak seasons for gasoline and jet fuel demand have passed. This year's CDU autumn maintenance is scheduled later than usual, and the planned maintenance volume is lower than in previous years, which supports crude oil feedstock demand. In the short term, the absolute price of crude oil is expected to remain volatile, with attention on Russian crude oil supply. In the second half of the year, crude oil is expected to weaken under a supply-demand surplus scenario [5][6]. 3. Summary by Relevant Catalogs a. Oil Price Data - From August 15 - 21, 2025, WTI crude oil prices increased by $0.81, BRENT by $0.83, and DUBAI by $0.28. NYMEX RB rose by 3.14, and HO increased by 4.55. SC increased by 8.10, and OMAN by 0.59. Singapore fuel oil 380CST's discount improved by 1.5, and HH natural gas increased by 1.02 [2]. b. Daily News - On August 22, the US Treasury sanctioned a Greek shipping company accused of assisting in transporting Iranian oil, expanding the Trump administration's maximum pressure campaign against Tehran. On August 21, the UK sanctioned an Iranian business tycoon Hossein Shamkhani and several key enterprises in his network, including a hedge fund. Ukrainian President Zelensky said he hopes to clarify the security guarantee framework within 7 - 10 days and hold bilateral and trilateral leader meetings later [2][3]. c. Regional Fundamentals - In the week ending August 15, US crude oil exports increased by 795,000 barrels per day to 4.372 million barrels per day, domestic production increased by 55,000 barrels to 13.382 million barrels per day, commercial crude oil inventories (excluding strategic reserves) decreased by 6.014 million barrels to 421 million barrels (a 1.41% decrease), strategic petroleum reserve (SPR) inventories increased by 223,000 barrels to 403.4 million barrels (a 0.06% increase), and imports decreased by 423,000 barrels per day to 6.497 million barrels per day. US gasoline inventories decreased by 2.72 million barrels (expected -0.915 million barrels, previous -0.792 million barrels), and refined oil inventories increased by 2.343 million barrels (expected 0.928 million barrels, previous 0.714 million barrels). From August 8 - 14, the operating rates of major refineries and Shandong local refineries in China slightly increased. Refinery production of gasoline and diesel increased, while inventories decreased. The comprehensive profit of major refineries declined, and that of local refineries increased [5].

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - This week, oil prices fluctuated. The inflection point of the fundamentals has emerged, and the market is concerned about the cease - fire negotiation of the Russia - Ukraine conflict and the US tariff measures on India. After the "Trump - Putin meeting", the risk rating of the sanctions policy has decreased. The short - term crude oil absolute price is expected to remain volatile, and the crude oil is expected to weaken in the second half of the year under the pattern of supply - demand surplus [5]. Group 3: Summary of Each Section 1. Oil Price Data - From August 14 to August 20, 2025, WTI crude oil price changed by $0.36, BRENT by $1.05, DUBAI by $0.48. Other related oil products also had corresponding price changes, such as NYMEX RB changing by $3.93, OMAN by $1.88 [3]. 2. Daily News - Driven by Asian demand, US crude oil exports are expected to rebound from the summer slump, with exports in August and September expected to exceed 4 million barrels per day [3]. - Russia expects India to continue buying Russian oil despite US tariff threats. As of mid - 2025, India imported about 1.7 million barrels of oil per day from Russia, accounting for nearly 37% of its overseas purchases [4]. 3. Regional Fundamentals - EIA report shows that in the week ending August 15, US crude oil exports increased by 795,000 barrels per day to 4.372 million barrels per day, domestic crude oil production increased by 55,000 barrels to 13.382 million barrels per day, and commercial crude oil inventories (excluding strategic reserves) decreased by 6.014 million barrels to 421 million barrels, a decrease of 1.41% [4]. - From August 8 - 14, the operating rate of major refineries and Shandong local refineries in China increased slightly. Refinery output of gasoline and diesel increased, and inventories decreased. The comprehensive profit of major refineries declined, while that of local refineries increased [5]. 4. Weekly Views - This week, oil prices fluctuated. The short - term crude oil absolute price is expected to remain volatile, and the crude oil is expected to weaken in the second half of the year under the pattern of supply - demand surplus. Attention should be paid to Russian crude oil supply and whether India resumes purchasing Russian oil in the spot market next week [5].

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - This week, oil prices fluctuated. The inflection point of the fundamentals has emerged, and the market is focused on the cease - fire negotiations in the Russia - Ukraine conflict and the US tariff measures on India. After the "Trump - Putin meeting", the risk rating of sanctions policies has decreased. [7] - In the short term, the absolute price of crude oil is expected to remain volatile. The supply of Russian crude oil should be monitored. In the second half of the year, crude oil is expected to weaken under the pattern of supply - demand surplus. [7] 3. Summary by Relevant Catalogs a. Oil Price Data - From August 11 - 15, 2025, WTI decreased by $1.16, BRENT by $0.99, and DUBAI by $0.47. SC increased by 4.40, and OMAN decreased by $0.83. [3] - The prices of other products such as domestic gasoline, Japanese naphtha, and Singapore fuel oil also had corresponding changes during this period. [3] b. Daily News - Trump said that the US had made significant progress with Russia and would hold a meeting with Zelensky next Monday. After the "Trump - Putin meeting", Trump temporarily did not consider imposing tariffs on China for purchasing Russian oil. [6][7] - The Russian side said that the talks between Putin and Trump were very positive. If Putin opposes a cease - fire, the US may impose sanctions on Russian oil companies Rosneft and Lukoil. [6] c. Regional Fundamentals - According to the EIA report, in the week of August 8, US crude oil exports increased by 25.9 barrels per day to 357.7 barrels per day, domestic crude oil production increased by 4.3 barrels to 1332.7 barrels per day, and commercial crude oil inventories (excluding strategic reserves) increased by 303.6 barrels to 4.27 billion barrels, an increase of 0.72%. [7] - From August 8 - 14, the operating rates of major refineries and Shandong local refineries in China increased slightly. The production of gasoline and diesel in Chinese refineries increased, while the inventories decreased. The comprehensive profit of major refineries declined, and the comprehensive profit of local refineries increased month - on - month. [7]