Group 1: Market Overview - The international commodity market experienced a rare synchronous movement, with gold prices surging 2.8% to exceed $3,380 per ounce, silver rising 5.32% to $34.73 per ounce, and oil prices increasing by 3.7% for WTI and 3.63% for Brent, reaching three-month highs [1] - This synchronous movement is attributed to a combination of geopolitical risks, expectations of monetary policy shifts, and supply-demand imbalances [1] Group 2: Geopolitical and Trade Tensions - The escalation of geopolitical uncertainty is driven by Ukraine's attack on Russian airbases and the deadlock in Iran's nuclear negotiations, which has heightened risk perceptions [2] - Former U.S. President Trump's proposal to raise tariffs on steel and aluminum to 50% has reignited global trade tensions, further fueling market anxiety and increasing demand for traditional safe-haven assets like gold and silver [2] Group 3: Supply-Demand Dynamics and Currency Impact - The oil market faces multiple supply-side shocks, including OPEC+'s agreement to increase production by 411,000 barrels per day, but actual increases may be lower due to dissent from countries like Russia [3] - Demand is bolstered by the summer travel peak in the Northern Hemisphere and strong recovery in major economies like China, supporting the oil market fundamentals [3] - A weaker U.S. dollar enhances the attractiveness of dollar-denominated commodities, with the dollar index hitting its lowest level in 2023, prompting speculative short positions to cover and driving prices higher [4] Group 4: Market Outlook - Short-term market movements will be influenced by new negotiations between Russia and Ukraine, OPEC+ internal dynamics, and U.S. non-farm payroll data [5] - In the medium to long term, gold remains a valuable asset amid trade tensions and debt ceiling risks, while oil prices will depend on the rebalancing of supply and demand [5]

Group 1 - Japan Display Inc (JDI) announced a postponement of its investment in Taiwan's PanelSemi due to increased geopolitical risks in the semiconductor sector and a rapidly changing global economic environment [2] - JDI's consolidated revenue for the fiscal year 2024 is projected to decline by 21.4% to 188.01 billion yen, with an operating loss of 37.07 billion yen [3] - The company has reported a net loss of 78.22 billion yen for the fiscal year 2024, marking its 11th consecutive year of losses [3] Group 2 - JDI's Mobara factory, which produces LCD/OLED panels, is set to cease operations by March 2026, with plans to convert the site into an AI data center [4] - The company plans to reduce its workforce by approximately 1,500 employees in Japan, which represents nearly 60% of its domestic staff, as part of its restructuring efforts [4] - JDI aims to achieve profitability in its core business by fiscal year 2026 through measures such as layoffs and consolidating production at its Ishikawa factory [5] Group 3 - JDI plans to spin off its automotive display business into a subsidiary named "AutoTech" by October 1, 2025, to facilitate external funding and partnerships [5] - Scott Callon, JDI's Chairman and CEO, has resigned due to poor performance, with Jun Akama taking over as the new CEO [5]

【白银期货行情表现】 在市场高度关注美联储利率政策走向之际，鲍威尔并未在讲话中就美国经济与未来利率前景发表看法。 有分析称，鲍威尔此番有意"保持沉默"或许是为了避免在关键数据发布前提前影响市场预期。 美国芝加哥联储主席奥斯坦·古尔斯比表示，如果特朗普政府的关税措施最终没有最初公布的那样激 进，那么美联储的政策利率在未来15个月内"很可能会明显降低"。 美联储理事沃勒表示，假设有效关税税率接近较低关税情形，潜在通胀继续朝着2%的目标取得进展， 劳动力市场保持稳健，将支持今年晚些时候实施"好消息式"的降息。 【机构观点】 银河期货：贵金属市场虽然短期强势 但中期可能仍然以宽幅震荡为主 6月3日，沪银主力暂报8423元/克，涨幅达2.42%，今日沪银主力开盘价8520元/克，截至目前最高8522 元/克，最低8419元/克。 【宏观消息】 川普威胁对欧盟征收50%关税。川普不断的对全球市场进行发难，风险偏好再度回落。从特朗普威胁欧 盟开始，意味着关税战周期重启。 美国总统特朗普表示，将把进口钢铁的关税从25%提高至50%。同时特朗普在社交媒体表态中国未遵守 5月的相关贸易协定，但提到希望双边高层会谈解决问题。 俄乌 ...

Group 1 - The main reason for the surge in gold prices is the geopolitical risks heightened by Trump's recent tariff threats and Ukraine's attacks on Russia, which have increased safe-haven demand for gold [3] - Gold prices rose nearly 3% due to a significant drop in the US dollar, indicating a strong correlation between currency performance and gold valuation [3] Group 2 - Following the holiday surge, gold prices reached around 3392, with key resistance levels identified at 3390 and 3350, which are crucial for future market movements [5] - The analysis suggests a bearish outlook with a focus on short-term trading strategies, recommending to sell at 3390 and buy at 3350, while maintaining strict stop-loss levels [7]

电话.1 7 / 70 JY0 香港恒生指数 33% 67% 标普500指数 20% 80% 纳斯达克指数 81% 19% 道琼斯指数 55% 45% 日经225指数 57% 43% 德国DAX40指 74% 26% 数 外汇 r 多头 空头 欧元/美元 20% 80% 欧元/英镑 34% 66% 欧元/日元 24% 76% 欧元/澳元 31% 69% 英镑/美元 20% 80% 英镑/日元 42% 58% 美元/日元 44% 56% 美元/加元 31% 69% 美元/瑞郎 97% 8% 澳元/美元 42% 58% 澳元/日元 37% 63% 加元/日元 39% 61% 纽元/美元 53% 47% 纽元/日元 49% 51% 美元/离岸人 75% 25% 民币 免责声明:本图表数据来源于公众号:嘉盛集团,数据仅供参考,不作为任何投资建议。 地缘政治风险和关税引发的不确定性推动金价走高，黄金多头情绪增强，短期看涨势头较为显著。欧佩克+继续大幅增产政策， 但加拿大产油省面临野火威胁，美油目前多头情绪较为占优。欢迎前往"数据库-嘉盛市场晴雨表"查看并订阅（数据每10分钟更 新1次） ...

今日优选 外媒：寻求加快谈判，特朗普要求各国周三前提出 "最佳报价" 地缘政治风险加剧，原油大反弹，美国WTI原油盘中涨超5%，最终收涨3.45%，报62.89美元/桶；布伦特原油收涨3.47%，报64.91美元/桶。 美国5月制造业活动连续第四个月萎缩 美媒：美方态度大反转将允许伊朗进行低水平铀浓缩 俄乌第二轮谈判在伊斯坦布尔结束，双方同意交换部分战俘但未达成停火 GDPNow模型预计美国Q2 GDP增速为4.6% 鲍威尔：政府必须理解美元潜在的剧烈波动的影响 市场盘点 周一（6月2日）特朗普政府的"钢铁关税"又使全球贸易紧张局势升级，上周末俄乌冲突加剧也令地缘风险急速上升。欧美股市盘中下跌，黄金和原油大幅反 弹。不过后来，俄乌直接谈判结束、主要大国元首可能直接磋商的消息传出，令情绪有所逆转。 美元指数收跌0.76%，报98.69，美国制造业数据不佳，美元指数承压创近六周新低。美债收益率先跌后涨，基准的10年期美债收益率收报4.445%，2年期美 债收益率收报3.947%。 美元走软加之贸易战风险和地缘政治风险增加，现货黄金大幅收涨2.8%，最高突破3382美元/盎司，最终收报3381.56美元/盎司，创逾 ...

6月2日，现货黄金日内涨超2%，现报3357美元/盎司。 港股黄金股大涨。潼关黄金涨近17%，赤峰黄金涨超6%，中国黄金国际涨近5%。 全球贸易局势因特朗普政府的"钢铁关税"迅速升级，与此同时地缘政治风险也因俄乌冲突在急剧上升。 因地缘政治紧张局势，布伦特原油、WTI原油双双飙升约4%。 消息面上，俄乌方面，据央视新闻，乌克兰透露，6月1日当天对俄发起特别行动，用无人机摧毁了俄41 架战略轰炸机，俄罗斯主要机场中约34%的战略轰炸机遭到攻击。俄媒表示，乌方说法纯属谣言。 根据乌克兰通报，乌方无人机深入俄境4000多公里，同时对俄罗斯空天军四个战略轰炸机基地进行攻 击。如果该消息属实，那么按照俄罗斯军事博主的说法，此次袭击的规模和影响可以比作"俄罗斯珍珠 港事件"，俄罗斯在乌克兰战争中的急剧升级可能迫在眉睫。 关税方面，5月30日，美国总统特朗普表示将把进口钢铁的关税从25%提高至50%。欧盟表示遗憾，并 准备反击。据美国媒体6月1日报道，美国商务部长卢特尼克称，尽管特朗普政府关税政策正在面临司法 纷争，但是美总统拥有其他可以实施关税的权力；即使关税政策被取消，美政府也会采取其他行动。 当地时间5月28日，美国 ...

时局依然不稳！ 今天早上，全球市场全线杀跌。日经指数一度杀跌近1.5%，中国台湾股指大跌近1%，港股三大指数全线杀 跌，恒生科技指数一度杀跌近3%，A50跌幅亦明显扩大。与此同时，美股三大期指亦是集体杀跌。那么，究 竟又发生了什么？ 分析人士认为，可能有三大变数出现。 一是，关税方向， 除了欧洲发出征收报复性关税信号之外，据报道，美国众议院上周通过的美国总统特朗普 税务及开支法案，即《大而美法案》，内容包括大幅修改在美海外资本税务安排的条款，包括向外国在美资本 投资征收报复税收条款。 二是，俄乌方向， 在俄乌谈判之际，局势突然恶化。据乌克兰安全局消息人士称，乌克兰无人机1日袭击了多 个俄罗斯军用机场，其中包括位于西伯利亚东部深处的贝拉亚军事基地。包括A-50、图-95和图-22 M3在内的 40多架飞机在此次行动中受损，损失约为20亿美元。 全球股市再度进入到情绪低迷期。今天早上，亚太股市开盘，几乎是全线杀跌。其中，率先开盘的日本股市持 续走低，跌幅扩大至1.5%附近；中国台湾股市在低开之后，跌幅扩大至1%。 香港股市波动更大，恒生指数开盘报23043.10点。翰森制药跌超4%，比亚迪股份跌近3%，快手跌2. ...

Group 1: Global Trade and Geopolitical Risks - The global trade situation has escalated due to the Trump administration's decision to increase steel tariffs from 25% to 50%, which has negatively impacted market confidence and led to a rise in geopolitical risks due to the Russia-Ukraine conflict [1][11][15] - The U.S. government debt levels are rising, and the uncertainty surrounding tariffs has caused U.S. Treasury bonds to experience their first monthly decline of the year in May [5] Group 2: Market Reactions - Asian stock markets opened lower, with the Hang Seng Index dropping 2.46% and the Hang Seng Technology Index falling nearly 3% [3][2] - The S&P futures declined by 0.4%, and the FTSE China A50 Index futures fell by nearly 2% [2] Group 3: Commodity Prices - Gold prices increased by 0.47% to $3331 per ounce, while Brent and WTI crude oil prices surged over 2% due to heightened geopolitical tensions [4][5] - The dollar index decreased by 0.22%, contributing to the rise in precious metals [5][13] Group 4: Impact on Steel Industry - The South Korean steel sector faced significant declines, with major companies like Hyundai Steel and POSCO experiencing drops in stock prices [6][7] - Hyundai Steel has entered an "emergency state" due to the tariff increase, which affects 35% of its exports to the U.S. [11][12] - Approximately 1,800 small and medium-sized steel and aluminum enterprises in South Korea are expected to be severely impacted by the U.S. tariffs, prompting government support plans [12] Group 5: European Steel Industry Concerns - The German Steel Federation expressed concerns that the U.S. tariffs would exacerbate the already struggling European steel industry, increasing direct export burdens and potentially leading to a loss of market access [13][14]

Group 1: Gold Market Analysis - The gold market opened higher today, showing a complex trend influenced by the Federal Reserve's policy direction, which remains a key factor [1] - The Federal Reserve has maintained interest rates at 4.25%-4.5%, with core inflation still above target, leading to a stronger US dollar (currently around 101.98), which pressures gold prices [1] - If the Federal Reserve officials signal a dovish stance in the future, gold prices may receive a boost [1] - Geopolitical risks, including tensions in the Middle East and military dynamics in the Yellow Sea, may drive short-term safe-haven demand for gold [3] - However, easing US-China tariffs and expectations of a ceasefire in the Russia-Ukraine conflict could weaken market risk appetite, negatively impacting gold prices [3] - The largest gold ETF (SPDR) has shown frequent fluctuations in holdings, indicating significant market divergence [3] - Current gold prices are oscillating between $3280 and $3325, with key support at $3270 and resistance at $3325; a breakout above $3325 could lead to a rise to $3365, while a drop below $3270 may see prices fall to $3260 [3] Group 2: Silver Market Analysis - The silver market is experiencing price differentiation across different trading markets, influenced by an unclear global economic recovery outlook [4] - Geopolitical conflicts and trade tensions continue to disrupt the market, despite some countries implementing stimulus policies [4] - Industrial demand for silver is supported by its applications in photovoltaic and electronic industries, with steady growth in demand from the solar sector [4] - However, cyclical fluctuations in the electronics sector introduce uncertainty in silver demand [4] - Recent fluctuations in silver ETF holdings reflect investors' wavering confidence in the market [4] - Short-term support for silver prices is around $33 per ounce, with resistance seen at the $33.5-$33.8 per ounce range [6] - The MACD indicator shows signs of balance between bullish and bearish forces, while the RSI indicates a neutral to slightly bullish state [6] - The silver price is within an upward channel on the weekly chart, but faces resistance from previous highs, requiring strong trading volume for a breakout [6]