泰国财政部长：考虑对更多的美国进口产品实行零关税 金十数据7月14日讯，泰国财政部长周一表示，泰国正在考虑对更多美国进口产品实行零关税。泰国财 政部长披猜在一次商业研讨会上表示，政府还准备了价值2000亿泰铢（61亿美元）的软贷款，以缓解关 税的影响。如果在8月1日之前不能达成协议，泰国将面临来自华盛顿的36%关税。 ...

Report Industry Investment Rating No relevant information provided. Core Viewpoints - The overall sentiment in the domestic commodity market remains positive, but the upward momentum is slowing, and there is uncertainty in overseas trade. The prices of various non - ferrous metals are expected to show different trends based on their respective supply - demand fundamentals and external factors [2][4]. Summary by Metals Copper - Last week, copper prices fluctuated weakly. LME copper fell 1.92% to $9,663/ton, and SHFE copper closed at 78,320 yuan/ton. Total inventories in three major exchanges increased by 22,000 tons. Trump announced a 50% tariff on copper starting August 1st, which may widen the price gap between US copper and LME/Shanghai copper, putting pressure on the latter. With the raw material shortage situation weakening and the current off - season, copper prices are expected to fluctuate weakly. The operating range for SHFE copper this week is 76,800 - 79,200 yuan/ton, and for LME copper 3M is $9,400 - 9,800/ton [2]. Aluminum - Aluminum prices first declined and then rose last week. SHFE aluminum rose 0.29%, and LME aluminum rose 0.17% to $2,602/ton. Domestic aluminum ingot inventories decreased, while bonded area inventories increased. Aluminum rod inventories increased, and processing fees were low. With the domestic commodity atmosphere positive but slowing, and the downstream in the off - season, aluminum ingots are expected to accumulate inventory, and aluminum prices may fluctuate weakly. The operating range for domestic main contracts is 20,200 - 20,800 yuan/ton, and for LME aluminum 3M is $2,530 - 2,650/ton [4]. Lead - Last Friday, SHFE lead index fell 0.85% to 17,092 yuan/ton, and LME lead 3S fell to $2,027.5/ton. The supply of lead ingots is relatively loose, and social and enterprise inventories are accumulating. With the approaching peak season, downstream demand is improving. Due to the high concentration of long - positions in the LME lead July contract, lead prices are showing a relatively strong trend, but the increase in SHFE lead may be limited due to weak domestic consumption [5]. Zinc - SHFE zinc index rose 0.03% to 22,355 yuan/ton last Friday, and LME zinc 3S rose to $2,777/ton. Domestic zinc ore supply is still abundant, and zinc ingot supply is expected to increase. In the long - term, zinc prices are bearish. In the short - term, due to the dovish atmosphere of the Fed and the positive sentiment in the market, zinc prices are expected to fluctuate. The current domestic social inventory is 90,300 tons [6]. Tin - Tin prices fell after high - level fluctuations last week. The resumption of tin mines in Myanmar is ongoing, but the actual output is yet to come. The shortage of raw materials for smelters persists, and downstream demand is weak. With the supply and demand in short - term balance and the increasing expectation of Myanmar's resumption, tin prices are expected to fluctuate weakly. The operating range for domestic tin prices is 250,000 - 280,000 yuan/ton, and for LME tin is $31,000 - 34,000/ton [7][8]. Nickel - Nickel prices fluctuated last week. The main contradiction lies in the ferro - nickel production line. Due to weak stainless steel demand, the profit of ferro - nickel production is compressed, and the price of nickel ore has weakened. In July, the surplus pressure of ferro - nickel has slightly eased, but the downstream demand for stainless steel is still weak. Nickel prices are expected to be affected by the price difference between nickel and ferro - nickel, and it is recommended to short at high prices. The operating range for SHFE nickel is 115,000 - 128,000 yuan/ton, and for LME nickel 3M is $14,500 - 16,000/ton [9]. Lithium Carbonate - The spot index of lithium carbonate was flat on Friday, up 1.22% for the week. The price of lithium concentrate imported from Australia increased. The supply - demand relationship of lithium carbonate has not changed significantly, with downstream in the off - season and supply at a high level. Without macro - level positive factors, the upward space of lithium prices is limited. The operating range for the main contract of Guangzhou Futures Exchange is 63,040 - 65,200 yuan/ton [11]. Alumina - On July 11, the alumina index fell 2.7% to 3,100 yuan/ton. Spot prices in some regions increased, and the import window was closed. With the expectation of stronger ore prices in the medium - term and the positive sentiment in the commodity market, the futures price may be strong in the short - term, but the over - capacity situation remains. It is recommended to short at high prices. The operating range for the domestic main contract AO2509 is 2,850 - 3,300 yuan/ton [13]. Stainless Steel - The stainless steel main contract closed at 12,710 yuan/ton on Friday, down 1.20%. Spot prices in some markets were flat. It is currently the off - season for stainless steel consumption, and the supply - demand imbalance is difficult to reverse in the short - term. The spot market is expected to remain weak [15]. Cast Aluminum Alloy - The futures price of cast aluminum alloy first declined and then rose last week. The AD2511 contract rose 0.23% to 19,930 yuan/ton. Spot prices increased, and the production profit of enterprises improved slightly. The overall supply and demand are weak in the off - season. Considering the slowdown of aluminum price increase and the large difference between futures and spot prices, the upward resistance of cast aluminum alloy prices is large [17][19].

期货热点追踪 特朗普关税：哪些已经生效，哪些可能出台？一文了解。 相关链接 ...

Group 1: Gold Market - President Trump continues to challenge the Federal Reserve, criticizing Chairman Powell's performance and pushing for interest rate cuts, which could drive gold prices higher if the Fed responds to his pressure [2] - Trump's recent imposition of a 30% tariff on Mexico and the EU may negatively impact the dollar's credibility, leading to a depreciation of the dollar that would benefit gold prices [2] - Technical analysis indicates a strong short-term bullish trend for gold, with a focus on resistance at $3392 and support at $3343 [2] Group 2: Oil Market - Ongoing ceasefire negotiations in Gaza are creating uncertainty in the Middle East, which is expected to provide support for oil prices [4] - The number of active oil rigs in the U.S. decreased to 424, suggesting a potential decline in U.S. crude oil production, which could also support oil prices [4] - The IEA's monthly report has raised oil supply forecasts for the next two years while lowering demand expectations, indicating limited upside potential for oil prices [4] Group 3: Copper Market - Recent strong performance in copper prices has led to a significant breakout above previous highs, suggesting a high probability of maintaining a strong short-term trend [7] - Short-term focus is on testing support at $5.35 after a strong upward movement [7] Group 4: Nikkei 225 - The Nikkei 225 index is currently experiencing weak fluctuations, with indicators showing a downward trend below the 20-day moving average, raising concerns about further declines [8] - Attention is on testing support at 38879 [8]

Group 1: EU and US Trade Negotiations - The US plans to impose a 30% tariff on EU imports starting August 1, 2025, which has caused significant concern within the EU [2] - EU leaders, including Commission President von der Leyen and Council President Costa, emphasize the importance of fair trade and express readiness to negotiate while warning of potential countermeasures [3] - French President Macron and other EU officials call for immediate action and preparation of credible countermeasures if no agreement is reached by the deadline [3] Group 2: South Korea's Trade Strategy - South Korea is seeking to negotiate tariff reductions with the US, inspired by the recent US-UK trade agreement [4][5] - The automotive sector is a focal point for South Korea, with exports to the US projected to reach $34.2 billion in 2024, accounting for 26.8% of total exports to the US [6] - Experts suggest that South Korea could leverage US needs in shipbuilding and LNG projects to negotiate better terms for automotive and semiconductor exports [6] Group 3: Economic Implications - A successful trade agreement between the EU and the US could stabilize supply chains and protect the interests of businesses and consumers on both sides [7] - Conversely, failure to reach an agreement could lead to significant economic losses for both the EU and South Korea, impacting key industries and overall economic growth [7]

行情回顾： 国际黄金周五（7月11日）大幅收涨，开盘价3319.63美元/盎司，最高价3368.71美元/盎司，最低价3312.12美元/ 盎司，收盘价3358.84美元/盎司。 消息面： 白宫经济顾问哈塞特周日表示，如果有证据支持，美国总统特朗普有权解雇美联储主席鲍威尔，并补充称，美 联储在华盛顿总部装修成本超标的问题上"负有很多责任"。哈塞特表示，特朗普试图解雇鲍威尔的任何决定， 都将在很大程度上取决于美联储对总部翻修问题的回答。白宫预算办公室主任沃特上周抨击鲍威尔在美联储大 楼翻修一事上"撒谎"。特朗普一再表示，鲍威尔应该辞职，因为他没有降低利率。 白宫经济顾问哈塞特周日表示，美国总统特朗普已经收到了一些贸易协议提议，并认为它们需要进一步完善， 如果未得到完善，特朗普将继续对墨西哥，欧盟和其他国家征收威胁关税。哈塞特说："如果总统没有达成他 认为足够好的协议，这些关税就会落实。但对话正在进行中，结局如何我们到时便知。"哈塞特表示，特朗普 威胁对来自巴西的商品征收50%的关税反映了特朗普对巴西的行动以及贸易谈判感到失望。 有分析师表示，在经历了几个月的低通胀之后，美国消费者6月份经历的物价涨幅可能略有加快 ...

男生普通话版 下载mp3 女声普通话版 下载mp3 粤语版 下载mp3 西南方言版 下载mp3 东北话版 下载mp3 上海话版 下载mp3 今日优选 特朗普宣布对欧盟、墨西哥征收30%关税 美联储古尔斯比：最新的关税威胁或推迟降息 财政部：加强国有商业保险公司长周期考核 科创板试点IPO预先审阅机制 "国铀一号"成功生产下线"第一桶铀" 市场盘点 上周五，美元指数区间震荡，始终徘徊在98关口下方，最终收涨0.307%，报97.85，全周累涨近1%，脱离三年来的低点。美债收益率大涨，基准的10年期美 债收益率收报4.412%，2年期美债收益率收报3.91%。 由于特朗普宣布更多关税信函后避险情绪升温，现货黄金连续第三日走高，盘中触及6月24日以来的最高水平，最终收涨0.99%，收报3355.91美元/盎司；现 货白银涨势更加显著，最终收涨3.56%，报38.38美元/盎司，创2011年9月以来新高。 随着油市焦点转移至美国对俄罗斯的潜在制裁，两油盘中拉升。WTI原油站上67美元关口，最终收涨2.55%，报67.59美元/桶；布伦特原油收涨2.53%，报 70.04美元/桶。 美联储总部翻修问题成扳倒鲍威尔的关键 ...

Group 1 - The article discusses the deep insights into insurance capital investment strategies, emphasizing that understanding these strategies can help investors outperform the market over the next 3-5 years [2][4][5] - The ongoing competition in the food delivery sector is expected to normalize, which may exert pressure on major technology stocks in Hong Kong [3][8][12] - The U.S. has announced a 30% tariff on Mexico and the EU, which could suppress global risk appetite in the short term [3][14][15] Group 2 - Several companies released their half-year earnings forecasts, showing a significant divergence in performance [3][17] - China Shenhua expects a net profit decline of 8.6% to 15.7% due to decreased coal sales and prices, while Zijin Mining anticipates a 54% increase in net profit driven by rising gold and copper prices [18][19] - The Shanghai Stock Exchange announced that 32 unprofitable companies in the Sci-Tech Innovation Board will now display a "U" designation, and a new pre-review mechanism for IPOs will be implemented [20][20] Group 3 - The Financial Regulatory Bureau issued a new regulation prohibiting financial institutions from misleading clients through performance manipulation or improper presentation [21][24][25] - This regulation aims to enhance the integrity of financial products and is expected to have a long-term positive impact on the industry, despite potential short-term challenges [28][29] - There are discussions about brokerage firms potentially obtaining licenses for selling insurance and wealth management products, indicating a shift in the financial services landscape [30][31]

白宫经济顾问哈塞特表示，如果特朗普认为其得到的关税提案不够好，关税就会落实。 ...

Investment Rating - The investment rating for the non-ferrous metals industry is "Positive" (maintained) [4][106]. Core Views - The report highlights that copper prices are under pressure due to the implementation of a 50% tariff on copper by the U.S., which is expected to take effect in late July or early August. This has led to a significant increase in U.S. copper prices while London and Shanghai copper prices have declined [5][9]. - The report anticipates that global copper inventory transfers will conclude, providing some support for copper prices despite the short-term pressure from tariffs. It is expected that Shanghai copper will fluctuate between 77,000 and 79,000 CNY per ton in the near term [5]. - The aluminum market is characterized by low inventory levels, with aluminum prices experiencing high volatility. The report notes a slight increase in alumina prices and a decrease in aluminum production margins [5][26]. - Lithium prices are rebounding from the bottom, driven by a "reverse involution" trend, with expectations for supply-side reductions and seasonal demand support [5][78]. - Cobalt prices may rebound due to an extended export ban from the Democratic Republic of Congo, which is expected to tighten supply in the fourth quarter [5][88]. Summary by Sections 1. Industry Overview - The report discusses macroeconomic indicators, including U.S. unemployment claims, and the announcement of copper tariffs by the U.S. government [9]. - The overall performance of the non-ferrous metals sector is analyzed, with the sector underperforming compared to the Shanghai Composite Index [11]. 2. Industrial Metals 2.1 Copper - London copper prices fell by 2.43%, while Shanghai copper prices decreased by 1.63%. U.S. copper prices increased by 10.30%. Inventory levels showed a mixed trend, with London copper inventory rising by 14.12% and Shanghai copper inventory declining by 3.70% [26]. 2.2 Aluminum - London aluminum prices increased by 0.08%, and Shanghai aluminum prices rose by 0.36%. Inventory levels for both London and Shanghai aluminum increased, while production margins decreased [26][36]. 2.3 Lead and Zinc - Lead prices decreased, while zinc prices saw a slight increase. Inventory levels for lead and zinc showed mixed trends, with lead inventory declining and zinc inventory increasing [49]. 2.4 Tin and Nickel - Tin prices fell, and nickel prices also experienced a decline. Inventory levels for both metals showed a downward trend [62]. 3. Energy Metals 3.1 Lithium - Lithium prices, including lithium carbonate and lithium spodumene, saw increases, while hydroxide prices slightly decreased. The report notes ongoing challenges in production margins for lithium [78]. 3.2 Cobalt - Cobalt prices are under pressure, but the extended export ban from the DRC may create opportunities for price rebounds in the future [88].