正在举行的欧盟峰会重点讨论对乌克兰的财政支持问题。围绕动用俄被冻结资产援助乌的分歧令会场气氛紧张。德国总理将其称为欧盟关 键问题，强调若无法达成共识，欧洲行动能力将遭严重损害，他认为此举能向莫斯科释放明确信号。欧盟委员会主席也强调紧迫性，称支持乌 克兰是欧洲防务的首要任务。比利时认为该机制在法律和金融层面存在重大风险。匈牙利、捷克等国也明确反对。 文章称，乌克兰面临日益加大的军事压力和不断扩大的资金缺口，欧洲的努力远远不够。峰会最终能否达成明确的乌克兰援助计划，不仅 关系到欧盟的信誉，还将决定欧洲在美国主导的俄乌和平谈判中拥有多少话语权。即便欧盟使用俄被冻结资产援乌的方案获得通过，也仍需清 除法律风险等，才能在春季前满足乌克兰迫切的军事和民用需求。 央视网消息：虽然乌克兰面临巨额外部援助资金缺口，在多方压力下，欧盟未能在峰会首日就俄被冻结资产的使用问题达成一致。牵扯多 方利益的复杂博弈对和平进程带来哪些冲击？来看相关报道。 特朗普政府正在向欧洲国家施压，要求它们"放弃"使用俄罗斯被冻结资产帮助乌克兰的"想法"。这暴露出整个欧洲在如何应对新的世界秩 序和美国前所未有的施压上存在更深层次的分裂。专家指出，将他国资 ...

在特朗普政府看来，推动俄乌和平，可以稳定欧洲经济、防止 战争意外升级或扩大，同时可以为战后乌克兰的重建创造条 件，使其得以作为一个具备生命力的国家存续发展。这既符合 美国的利益，也符合欧洲的利益。 作者：王义伟 封图：东方IC 俄乌和平进程正艰难推进中。 12月4日至6日，美国和乌克兰的代表在美国佛罗里达州举行了新一轮会谈。双方讨论的焦点是领 土和安全保障问题。 与以往历届美国政府包括特朗普1.0时期的报告截然不同的是，此次美国出台的《国家安全战略》 报告，在某种程度上是一份诊断报告。报告深入剖析了美国走过的弯路，也剖析了欧洲之所以"坠 落"的原因。 报告列出了一个数据，用以证明欧洲坠落了。"欧洲大陆在全球GDP中的占比持续下降——从 1990年的25%降至如今的14%（Continental Europe has been losing share of global GDP —down from 25 percent in 1990 to 14 percent today）。" 造成欧洲坠落的原因，有两个。 一个是制度原因。报告说："（欧洲的）少数派政府本身根基不稳，且往往通过践踏民主基本原则 来压制反对 ...

俄乌和平进程正艰难推进中。 12月4日至6日，美国和乌克兰的代表在美国佛罗里达州举行了新一轮会谈。双方讨论的焦点是领土和安 全保障问题。 美国总统特朗普以为乌克兰总统泽连斯基会迅速对双方会谈的结果作出反应。 特朗普错了，泽连斯基那边没有动静。于是，特朗普在12月7日对外发声，称泽连斯基尚未阅读美方提 出的和平计划，他对此表示失望。 简要分析如下： 与以往历届美国政府包括特朗普1.0时期的报告截然不同的是，此次美国出台的《国家安全战略》报 告，在某种程度上是一份诊断报告。报告深入剖析了美国走过的弯路，也剖析了欧洲之所以"坠落"的原 因。 报告列出了一个数据，用以证明欧洲坠落了。"欧洲大陆在全球GDP中的占比持续下降——从1990年的 25%降至如今的14%(Continental Europe has been losing share of global GDP—down from25percent in1990to14percent today)。" 造成欧洲坠落的原因，有两个。 一个是制度原因。报告说："(欧洲的)少数派政府本身根基不稳，且往往通过践踏民主基本原则来压制 反对声音。尽管欧洲绝大多数民众渴望 ...

中辉有色观点 美联储降息预期反复，俄乌和平进程有内容，黄金高位波动，等待下周美联储会议。 基本逻辑 | 品种 | 核心观点 | 主要逻辑 | | --- | --- | --- | | | | 美国数据西游参半，降息预期反复，另外俄乌停战谈判有新进展，黄金高位调整， | | 黄金 | 长线持有 | 市场等待下周的美联储议息会议。黄金中长期地缘秩序重塑，不确定性持续存在， | | ★ | | 央行继续买黄金，长期战略配置价值不变。 | | 白银 | | 短期白银交易交割逼仓以及低库存，全球大财政均对白银长期有利。不过现货高升 | | ★★ | 长线持有 | 水、白银期货波动率飙升，短期不宜追高。长线供给有缺口，全球经济刺激、流动 | | | | 性维持宽松，做多逻辑不变 | | | | 美国 ADP 就业数据大幅不及预期，LME 铜注销仓单骤增，海外挤仓担忧加剧，国内 | | 铜 | 长线持有 | 淡季去库，非美铜库存或逐渐告急，伦铜和沪铜创历史新高后多头积极止盈，中长 | | ★ | | 期，铜依旧看多。 | | 锌 | | 宏观情绪缓和，锌精矿加工费持续下调，下游进入消费淡季，整体供需双弱，国内 | | | ...

另一方面，匈牙利总理欧尔班的莫斯科之行让局势更加复杂。11月28日，匈牙利外长透露，普京已承诺 继续履行对匈牙利的能源合同，天然气和石油将按时供应。而且，双方还达成协议，明年2月将启动保 克什核电站的扩建项目。普京还表示，如果俄罗斯和美国能够在布达佩斯讨论乌克兰问题，俄罗斯也乐 意参与。通过这次访问，匈牙利牢牢把握住了自己的能源安全。 大家好，我是阿凯瞰天下，今天我们一起来关注一下欧洲大陆的最新动态。最近，欧洲的局势可谓是牵 一发而动全身，充满了复杂的政治、经济和社会问题。欧盟与俄罗斯在冻结资产问题上的博弈、乌克兰 内部的反腐风暴以及欧洲本土的天气状况和产业故事，交织成一场充满变数的大戏。 首先，欧盟与俄罗斯的博弈牵动了整个欧洲的神经。最近，欧盟遇到了一个大难题，那就是俄罗斯冻结 在比利时银行的1400亿欧元资产。欧盟本来打算拿这笔钱来作为赔偿贷款，用来支援乌克兰。毕竟，美 国已经暂停了对乌克兰的援助，现在的重担几乎全压在欧盟肩上。然而，比利时却成为了最大的障碍。 比利时首相德韦弗直接写信给欧盟，表示急于推进这项措施可能会破坏俄乌和平进程，这让欧盟陷入了 两难境地。 更为棘手的是，这些资产大部分存放在布鲁塞尔 ...

1. Report Industry Investment Rating - Gold: ★★★, indicating a clearer long - trend and a relatively appropriate investment opportunity currently [1] - Silver: ★★★, indicating a clearer long - trend and a relatively appropriate investment opportunity currently [1] 2. Core View of the Report - Today, precious metals continued to adjust. The delayed - released September non - farm payrolls in the US increased by 119,000, exceeding expectations and the previous value, but the unemployment rate rose slightly by 0.1 percentage points to 4.4%. The weekly initial jobless claims were 223,000, lower than expected and remaining at a low level, showing employment resilience. However, the October non - farm and OPI data won't be released, and the November data will be postponed to mid - November, meaning there will be a lack of key data reference before the next Fed meeting. Fed officials' recent statements have significant differences, and the market's bets on a December rate cut have been fluctuating. On Friday, the New York Fed President's statement that there is still room for interest rate adjustment increased the implied probability of a rate cut in the interest rate market to around 70%. Geopolitically, the US proposed a 28 - point Ukraine peace plan, which was opposed by some European allies, and multi - party games will continue. The strong Nvidia earnings last week supported the US stocks, but then the US stocks sharply corrected, and there are still concerns about the bubble. Short - term market news is complex, and precious metals are in high - level oscillations. Attention should be paid to the directional breakthrough in the technical aspect [1] 3. Summary According to Related Catalogs 3.1 Russia - Ukraine Conflict - US and Ukrainian representatives said the Geneva talks "made progress", and Rubio said Trump was satisfied with the talks report. Zelensky stated that the US peace plan is expected to incorporate Ukraine's core interests. Europe put forward a counter - proposal to the 28 - point plan, including the US providing NATO Article 5 - style protection, Ukraine not using military means to recover occupied territories, territorial negotiations based on the current military contact line, and allowing Ukraine to join NATO with NATO's consensus. US and Ukrainian officials are discussing Zelensky's visit to the US this week. US Treasury Secretary Bessent said Trump is pressuring Russia to end the conflict and is confident that the Russia - Ukraine peace process is advancing. Trump thinks November 27 is a suitable deadline for Ukraine to accept the peace agreement terms [2] 3.2 Fed - Williams believes there is still room for a rate cut in the near term. Collins thinks there is a reason to be cautious about a December rate cut and expects further rate cuts in the future. Milan will support a 25 - basis - point rate cut if his vote is decisive. Logan believes the Fed needs to "temporarily keep interest rates unchanged" when inflation is still high and the labor market is generally balanced [2]

Core Points - The article discusses the approval of a 28-point plan by President Trump aimed at promoting peace between Russia and Ukraine, with a deadline for Ukraine's acceptance set before Thanksgiving [1][2] - The plan has sparked significant controversy, with many Western media outlets perceiving it as biased towards Russia, while Ukrainian officials and the EU are analyzing its implications [2][3] - The article suggests that the conditions for peace are more favorable now, as both Russia and Ukraine are exhausted from prolonged conflict, and there is a desire for a resolution from the U.S., EU, and the U.K. [3] Summary by Sections - **Peace Conditions**: The current stalemate in the conflict has created a ripe environment for peace negotiations, with all parties involved seeking an end to hostilities [3] - **Territorial Issues**: The plan acknowledges the current territorial status quo, suggesting that Crimea, Luhansk, and Donetsk be recognized as de facto Russian territories, while leaving room for future negotiations [4][5][6] - **Zelensky's Dilemma**: President Zelensky faces a critical decision regarding the acceptance of the plan, with three potential paths: rejecting it and continuing the fight, resigning, or negotiating to protect Ukraine's interests [7][8] - **Negotiation Outlook**: Initial discussions regarding the 28-point plan are set to take place in Switzerland, indicating a substantive start to the peace process, although the timeline for Russia's involvement remains uncertain [9][10]

Core Points - Turkish President Erdogan and Russian President Putin discussed the outcomes of the US-Russia summit in Alaska, focusing on bilateral relations and the Russia-Ukraine peace process [1] - Erdogan emphasized Turkey's keen interest in the latest developments of the peace process and supported efforts to establish lasting peace with the involvement of all parties [1] - Putin acknowledged Turkey's positive contributions and mediation platform for advancing peace negotiations, referring to the "Istanbul negotiation process" [1] - Both leaders agreed to maintain close dialogue and communication between Turkey and Russia [1]

Group 1 - The core point of the news is the positive developments in U.S.-Russia relations, particularly regarding the meeting between Trump and Putin, which has led to increased investor optimism in Asian markets, especially in India [1][5] - The upcoming meeting between Trump and Ukrainian President Zelensky is anticipated to provide further insights into the peace process and market direction [4][5] - The Indian government has proposed a significant reduction in the Goods and Services Tax (GST), which is expected to boost the economy and consumer demand, leading to a notable increase in the Nifty 50 index [1][6][7] Group 2 - The proposed GST reform will simplify the tax structure from four rates to two, benefiting consumers and small businesses, and is expected to have a limited impact on government revenue [6][7] - Analysts predict that the tax cuts will enhance overall demand and improve profit outlooks for various sectors, including daily consumer goods, automobiles, and retail [7] - The positive sentiment in the Indian market is further supported by diplomatic engagements, such as the upcoming visit of Chinese officials, which adds to the growth narrative [7]

Core Viewpoint - The conversation between Turkish Foreign Minister Fidan and Russian Foreign Minister Lavrov focused on the Russia-Ukraine conflict and related diplomatic developments, particularly the impact of the recent meeting between the US and Russian presidents in Alaska on the peace process [1] Group 1 - The Turkish side expressed a desire to use the Alaska meeting as an opportunity to promote lasting peace with the involvement of Ukraine [1] - Fidan reiterated Turkey's willingness to play a constructive role in the peace process [1] - The Russian Foreign Ministry indicated that the call was initiated by Fidan [1] Group 2 - The two foreign ministers discussed the timeline for upcoming bilateral contacts between Russia and Turkey [1]