Group 1 - The total silver futures in Shanghai Futures Exchange reached 649,643 kilograms, with an increase of 29,381 kilograms compared to the previous day [1][2] - The main silver futures maintained a fluctuating pattern, opening at 18,800 yuan per kilogram, reaching a high of 20,998 yuan per kilogram, a low of 18,743 yuan per kilogram, and closing at 20,945 yuan per kilogram, marking an increase of 14.42% [1] Group 2 - In Shanghai, the total warehouse inventory showed a net decrease of 3,997 kilograms at Zhongchu Wusong and a decrease of 7,490 kilograms at Waiyun Huadong Hongqiao, while there was an increase of 40,879 kilograms at Zhonggongmei Supply Chain, leading to a total of 603,136 kilograms in Shanghai [2] - In Guangdong, the Shenzhen Weibao warehouse reported a slight decrease of 11 kilograms, contributing to the overall total of 649,643 kilograms [2]

Market Sentiment - The CNN Money Fear and Greed index improved to a reading of 50.6, remaining in the "Neutral" zone, up from 47.2 [5] - U.S. stocks closed higher, with the Dow Jones gaining over 200 points, and the S&P 500 reaching new highs [1][4] Employment Data - December nonfarm payrolls increased by 50,000, slightly below the expected 60,000, indicating a cooling in employment growth [2] - The unemployment rate unexpectedly declined to 4.4% from 4.5%, suggesting stabilization in the labor market [2] Company Performance - Intel Corp. saw a significant increase of over 10%, reaching its highest levels since March 2024, following positive remarks from President Donald Trump about a meeting with CEO Lip-Bu Tan [3] - Most sectors in the S&P 500 closed positively, with materials, utilities, and consumer discretionary stocks showing the largest gains, while health care and financial stocks declined [3] Stock Index Performance - The Dow Jones closed higher by approximately 238 points at 49,504.07, the S&P 500 rose 0.65% to 6,966.28, and the Nasdaq Composite climbed 0.81% to 23,671.35 [4]

黄金彻底疯了，一大早冲到4600美元！ 前期4550美元高点一丝阻挡都没有，直接被秒杀。 现在是手里有黄金和没黄金的都慌了，有人怕彻底踏空，也有人怕多头最后的疯狂。 上周五美国非农就业数据好坏参半，就业率利多，而失业率却在下降，至于数据的真实性早都不得要，关键思考数据为谁服务？ 过去一个月，芝商所连续调高保证金，试图给狂热的多头情绪"降温"，权重调整和提高保证金成了多头离场前最后狂欢的理由。 没人能劝住群体涌入的局面，谁敢说黄金有风险，谁要说现在买是高位，那就是散户眼里"最大的风险"，挡着别人捡钱就是"恶"。 为了配合美联储降息节奏，就业数据不能太烂，否则反对的声音太强，无法推进货币宽松的政策。 政策的落地需要其合理性，通胀保持底位，就业市场韧性足，反对声音少，经济下行才能刹住车。 地缘风险只是"加油站"点的一把火，而货币政策的方向才是真正的"油罐车"，点火只需一根火柴，共识和情绪主导下不计成本涌入黄金市场。 说一下今天黄金行情： 我只想奉劝：当你失去理性去捡钱的时候，别忘了潮水终将退去，没有任何一个牛市可以成就所有人，给自己买好"系统性"回时的票。 早间金价再次跳空高开，延续上周一跳空的节奏今天冲击4600 ...

文 ： 华创证券首席经济学家 张瑜 执业证号：S0360518090001 联系人： 陆银波（15210860866）李星宇（18810112501） 核心观点 三、需求 1、美国红皮书商业零售同比增速边际回落 。1月3日当周，美国红皮书商业零售同比降至7.1%，前一周为7.6%。 1、重要数据回顾 ：①美国12月ADP就业人数低于预期，11月JOLTs职位空缺数低于预期， 10月贸易逆差规模缩窄至2009年中以来最低，12月ISM服 务业PMI大幅上升，12月ISM制造业PMI下滑，12月季调后非农就业人数低于市场预期，1月密歇根大学消费者信心指数创4个月新高。②日本2025年 11月薪资增速低于预期。③欧元区中德国和法国通胀超预期放缓。 2、美国基本面高频 ：①景气上行的有：地产（房贷申请数量回升）、就业（职位空缺数回升）。②景气下行的有：WEI指数（经济景气下行）、消 费（红皮书商业零售同比回落）、物价（大宗价格回升落、美国汽油零售价回落）、就业（ADP周度新增就业人数回落、初请失业金人数回升、续 请失业金人数回升）。 3、美国流动性高频 ：①美国和欧元区金融条件宽松。②离岸美元流动性：日元兑美元流动性 ...

American employers added a seasonally adjusted 50,000 jobs in December and the unemployment rate fell to 4.4%, the Labor Department reported Friday. ...

摘要周四(1月8日)亚欧时段，国际黄金震荡走弱，一度跌0.9%至4416美元/盎司，创近三日新低。美元 持稳于逾两周高点施压金价，投资者谨慎观望，聚焦周五非农报告以研判美联储政策路径，同时评估美 干预委内瑞拉的地缘影响。交易员权衡地缘紧张(如美扣押委油轮)与宏观信号(美11月职位空缺创14个月 新低)：弱就业或强化降息预期支撑金价，但美元走强及高位获利了结抑制涨幅。 周四(1月8日)亚欧时段，国际黄金震荡走弱，一度跌0.9%至4416美元/盎司，创近三日新低。美元持稳 于逾两周高点施压金价，投资者谨慎观望，聚焦周五非农报告以研判美联储政策路径，同时评估美干预 委内瑞拉的地缘影响。交易员权衡地缘紧张(如美扣押委油轮)与宏观信号(美11月职位空缺创14个月新 低)：弱就业或强化降息预期支撑金价，但美元走强及高位获利了结抑制涨幅。 【要闻速递】 世界黄金协会最新数据显示，11月全球央行净购入黄金45吨，虽较10月略降，但仍处于年内高位。年初 至今累计购入量接近297吨，新兴市场央行持续大规模增持。摩根士丹利预计，受利率下降、美联储领 导层变动及央行和基金强劲买盘推动，今年第四季度金价或升至每盎司4800美元。 今晚 ...

MACD金叉信号形成，这些股涨势不错！ 格隆汇1月7日｜欧洲股市开盘表现不一，地缘政治紧张局势升温带动的防务股涨幅被能源股的跌势所抵 消。英国富时100指数开盘较周二的历史高位下跌0.25%，其中石油巨头英国石油下跌2.75%，国民威斯 敏斯特银行微跌2.7%。在其他市场，受防务公司提振，米兰富时MIB指数上涨0.15%，莱昂纳多上涨 2.1%，造船厂芬坎蒂尼大涨1.7%。德国DAX指数在西门子和拜耳等个股上涨的带动下攀升0.5%。西班 牙IBEX35指数因银行和能源股走低而下跌0.2%，而法国CAC40指数微跌0.05%，防务股的涨幅被能源 和奢侈品股的损失抵消。投资者目前正密切关注欧元区12月通胀数据以及关键的美国就业数据。 ...

来源：上海有色网 截至今日15:07分行情 | 初始 代码 | | Hok | * @ | | 最新 涨幅% | 张跌 | 总量 | 现量 | 买入价 | 英出价 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 3 | ecm | 欧线集运 主语 | # | 1779.1 | -3.62 | -66.9 | 4.36万 | 3 | 1779.8 | 1779.9 | | 8 | CLOOY | NYMEX原油 | ਵ | 56.23 | -1.58 | -0.90 | 6.81 万 | 78 | 56.22 | 56.24 | | ਰੇ | BOOY | 布伦特原油当月 ... 4 | | 59.97 | -1.20 | -0.73 | 5.46万 | 1 | 59.96 | 59.98 | | 10 | jmm | 焦煤主连 | 1 | 1164.0 | 7.98 | 86.0 | 126万 | 126 | 1164.0 | | | 11 | jm | 焦炭主连 | @ | 1773.0 | 7.98 | 131 ...

Group 1 - China's foreign exchange reserves and gold reserves data for December 2025 will be released on January 7 at 16:00 [1] - The Eurozone's preliminary CPI for December 2025 is expected to be 2.0%, slightly down from the previous value of 2.1% [1] - The Eurozone's core harmonized CPI for December 2025 is expected to remain stable at 2.4% [1] Group 2 - The ADP employment change for the US in December 2025 is anticipated to show an increase of 50,000 jobs, a recovery from the previous decrease of 32,000 jobs [2] - If the ADP employment figures exceed expectations, it may positively impact the prices of non-ferrous metals and crude oil [2] Group 3 - The Eurozone's unemployment rate for November 2025 is expected to remain unchanged at 6.4% [2] Group 4 - The US initial jobless claims for the week ending January 3, 2025, are projected to be 195,000, slightly down from 199,000 [3] - A lower than expected jobless claims figure may support non-ferrous metals and crude oil prices [3] Group 5 - China's CPI for December 2025 is expected to grow by 0.90%, up from the previous 0.70%, while the PPI is expected to decline by 2.05%, a slight improvement from the previous decline of 2.20% [4] - A higher CPI and a lower PPI could positively influence industrial product futures while potentially suppressing stock index and government bond futures [4] Group 6 - The US non-farm payroll report for December 2025 is expected to show a seasonally adjusted increase of 53,000 jobs, down from 64,000 [5] - The unemployment rate is projected to decrease to 4.5% from 4.6%, and average hourly earnings are expected to rise by 3.6% year-on-year [5] - A lower non-farm payroll figure could reduce expectations for a Federal Reserve rate cut in January 2026 [5] Group 7 - The preliminary consumer confidence index for January 2026 from the University of Michigan is expected to be 53.2, slightly up from 52.9 [5] - A higher consumer confidence index may support non-ferrous metals and crude oil prices while potentially suppressing precious metals prices [5]

Up first is the monthly ADP National Employment Report for December, which will be released Wednesday. ...