Domestic News - In April, the Consumer Price Index (CPI) in China decreased by 0.1% year-on-year, while the Producer Price Index (PPI) fell by 2.7% year-on-year [1] International News - The Ukrainian Foreign Minister stated that Ukraine is prepared for an unconditional ceasefire for at least 30 days [2] - President Putin proposed to resume direct negotiations between Russia and Ukraine in Turkey on May 15 [2] - Former President Trump announced that India and Pakistan agreed to a comprehensive ceasefire immediately [2] - Following the ceasefire announcement, explosions were reported in the Indian-controlled Kashmir region, with both India and Pakistan claiming to have shot down each other's drones [2] - India's Foreign Secretary accused Pakistan of violating the ceasefire agreement and stated that India is taking countermeasures [2] - Pakistan denied India's accusations of violating the ceasefire agreement [2] - The Indian Ministry of Foreign Affairs announced that military officials from India and Pakistan will engage in dialogue again on May 12 [2] Company and Industry News - High-level economic talks between China and the United States were held in Geneva, Switzerland [3] - Prior to the China-U.S. talks, China accelerated the replacement of American products [3] - A commentary from Xinhua emphasized that China will not sacrifice its principles to seek any agreement [3] - Nvidia informed its Chinese clients about plans to launch a modified version of the H20 chip in July [3]

Core Points - Pakistan and India have agreed to a ceasefire, but tensions remain high as both sides accuse each other of violations [1][4][8] - The situation escalated with reports of explosions in the Kashmir region shortly after the ceasefire announcement [3][5][6] - Both countries have engaged in military actions, including the interception of drones, despite the ceasefire agreement [1][6][14] Summary by Sections Ceasefire Agreement - Pakistan's Deputy Prime Minister and Foreign Minister announced a ceasefire agreement with India, which was confirmed by India's Foreign Secretary [1][8] - The ceasefire is described as comprehensive, not limited to specific areas, and was set to take effect at 5:30 PM Islamabad time [10][14] Military Actions and Violations - Following the ceasefire, explosions were reported in the Indian-controlled Kashmir, with India claiming Pakistan violated the agreement [3][4][5] - Pakistan denied these allegations, asserting that it has not breached the ceasefire and emphasized its commitment to peace [4][10] Diplomatic Efforts - Both nations' military leaders are scheduled to meet again on May 12 to discuss the situation further [7][11] - Pakistan's Prime Minister expressed hope for resolving issues through peaceful dialogue, particularly concerning water resource distribution and the Kashmir conflict [4][10] Historical Context - The recent tensions stem from a series of military actions and accusations, including India's missile strikes and Pakistan's military response [17][18] - The Kashmir issue has been a long-standing point of conflict between the two nations, leading to multiple confrontations and wars in the past [18][19]

Group 1 - Pakistan and India have agreed to an immediate ceasefire, as announced by Pakistan's Deputy Prime Minister and Foreign Minister Dar and India's Foreign Secretary Tang Yongsheng [1][4] - Following the ceasefire announcement, there were reports of explosions in Indian-controlled Kashmir, indicating ongoing tensions despite the agreement [2][3] - Both countries have accused each other of violating the ceasefire, with India claiming Pakistan breached the agreement and Pakistan denying these allegations [2][3] Group 2 - The ceasefire is described as a comprehensive halt to all military actions, with both sides agreeing to stop all land, sea, and air fire from 5 PM New Delhi time [5] - High-ranking military officials from both countries are scheduled to meet again on the 12th to discuss the situation further [5] - Following the ceasefire, Pakistan's Civil Aviation Authority announced the full reopening of its airspace, allowing all airports and flights to resume normal operations [6]

Core Viewpoint - The tension between India and Pakistan has escalated to unprecedented levels, with significant military actions taken by both sides, including missile strikes and aerial engagements [1][5][6]. Summary by Sections Military Actions - India launched missile strikes on three military bases in Pakistan, including one near Islamabad, marking a rare direct attack on a military installation close to the Pakistani capital [1]. - Pakistan's military responded with its own military actions, including the reported downing of an Indian Air Force fighter jet and the capture of the Indian pilot [3][5]. - Pakistan's military claimed to have initiated a counter-offensive, launching "Fateh series" missiles towards India [3]. Escalation of Conflict - The conflict has intensified since India’s "Sindoor Operation" on October 7, which targeted nine locations in Pakistan, leading to a series of retaliatory actions from both sides [5]. - Both nations have increasingly utilized drones in their military operations, a significant development compared to previous conflicts [5]. Historical Context - The longstanding conflict between India and Pakistan is rooted in territorial disputes, particularly over the Kashmir region, which has led to multiple wars and skirmishes [6]. - Despite a ceasefire established in 2003, tensions have been rising since a significant incident in April 2023, which resulted in casualties [6]. Military Capabilities - India possesses approximately 2,300 aircraft and 135,000 active military personnel, ranking fourth globally in military strength [6]. - Pakistan has around 1,434 military aircraft and approximately 70,000 active personnel, sufficient for effective territorial defense [6]. Diplomatic Efforts - Following the recent military actions, there have been communications between the national security advisors of both countries, indicating a potential channel for dialogue amidst rising tensions [7].

Group 1 - The article discusses the current fluctuations in gold prices, particularly around the $3400 mark, and highlights three major pitfalls that investors may encounter while attempting to capitalize on these movements [3][4][5] - It emphasizes that the recent rebound in gold prices, following a drop from $3509 to $3200, may be misleading, as significant capital has already exited the market, indicated by a 30% drop in COMEX gold futures open interest [3][4] - The article points out a decline in central bank gold purchases, particularly noting a significant reduction in China's gold buying and Turkey's selling, which could signal a turning point in the market [4][5] Group 2 - Regulatory signals, such as the doubling of trading fees on the Shanghai Gold Exchange and multiple ETFs halting subscriptions and redemptions, suggest an overheated market, reminiscent of past market corrections [5][6] - The article provides a strategic approach for long-term investors, recommending a phased investment strategy at the current price of $3400, with specific guidelines for increasing positions and setting stop-loss measures [9] - It advises maintaining a cash reserve for unexpected market events and suggests a hedging strategy involving gold stocks and physical gold to mitigate policy risks [9]

印巴冲突升级！ 据最新消息，巴基斯坦军方已开始对印度发起军事行动，以回应印军当天对巴多地进行的导弹袭击。此外，巴 基斯坦已关闭全部领空。 新华社报道称，在巴基斯坦首都伊斯兰堡及邻近城市拉瓦尔品第听到巨大爆炸声。央视新闻报道称，巴基斯坦 南部信德省首府卡拉奇的沙菲萨尔居民区及马利尔区周边传出多声爆炸。 另据央视新闻最新报道，巴基斯坦军方消息人士称，在该国发起的"铜墙铁壁"军事行动中，巴对印度发动网络 攻击，致使印度约70%电网瘫痪。 巴基斯坦：对印度发起军事行动 据央视新闻报道，当地时间10日从巴基斯坦军方获悉，巴基斯坦正式启动代号为"铜墙铁壁"的军事行动，以回 应印度方面持续不断的挑衅行为。另据报道，巴基斯坦关闭全部领空。 据悉，此次行动针对印度境内多个目标展开，打击范围覆盖印度全国多个区域。巴基斯坦称，首轮行动已经打 击了印度旁遮普邦的一处导弹储存设施。 据报道，当地时间5月10日2时20分左右，位于巴基斯坦拉瓦尔品第的努尔汗空军基地一机场突遭袭击，现场传 出巨大爆炸声。袭击发生后，努尔汗机场周边地区全面断电，周围一片漆黑，居民纷纷走出房屋。此外，空气 中还弥漫着燃烧物的气味。 巴基斯坦三军新闻局局长乔杜里 ...

巴基斯坦国防部长警告：对印度的报复"越发确定" 金十数据5月8日讯，巴基斯坦国防部长表示， 在印度无人机侵入巴基斯坦之后，巴基斯坦"越来越确 定"将打击印度。巴基斯坦国防部长阿西夫表示，美国一直在领导国际社会努力缓和局势，但几乎没有 任何空间可以缓和，冲突正在走向死胡同。他说，海湾国家也参与了缓和局势的努力。 他否认印度破 坏了巴基斯坦拉合尔的防空系统的说法，并表示无人机没有破坏巴基斯坦的军事设施。 他说，任何报 复都将集中在印度的军事基地。 ...

据央视新闻报道，巴基斯坦三军新闻局局长乔杜里当地时间5月7日晚表示，印度对巴基斯坦发动的袭击 已造成31人死亡、57人受伤。 50多年来首次印度举行大规模民防演习 当地时间5月7日，印度多地举行了大规模民防演习。据当地媒体报道，印度全国共有244个被归类为"民 防区"且设有敏感设施的地区分别进行了演习，这是印度50多年来首次大规模民防演习。 巴总理：巴基斯坦将继续坚定捍卫其领空和主权 当地时间5月7日，巴基斯坦总理夏巴兹·谢里夫在议会发表讲话指出，巴军全天候保持战备状态，成功 迫使印度战斗机撤退。他重申，国家安全是绝不容妥协的底线，巴基斯坦将继续坚定捍卫其领空和主 权。他强调，巴基斯坦不会容忍任何对国家主权和安全进行破坏的行为，并呼吁国际社会正视印度在该 地区的破坏性角色。 巴基斯坦防长：当前局势依然高度紧张 巴基斯坦国防部长阿西夫7日在议会大厦接受媒体采访时表示，巴基斯坦已对印度的挑衅做出了坚决回 应，并强调今后若再有类似情况，巴方将继续采取果断行动。阿西夫指出，印度可能会试图通过再次挑 衅来恢复损失，当前局势依然高度紧张。任何时候都有可能发生新的冲突，局势发展仍值得密切关注。 阿西夫强调，巴基斯坦的回应针 ...

Core Points - The military actions between India and Pakistan have escalated significantly, marking the most severe conflict in over 20 years, with India launching "Operation Sindoor" targeting nine locations in Pakistan [1][5] - The conflict was triggered by a major shooting incident on April 22 in Indian-controlled Kashmir, leading to heightened tensions and military responses from both sides [5][8] - Both nations are nuclear-armed, and the historical context of their conflicts, particularly over Kashmir, adds to the gravity of the current situation [4][8] Summary by Sections Military Actions - India conducted a significant military operation on May 7, targeting what it described as "terrorism infrastructure" in Pakistan, with the Indian defense ministry stating the operation was "clear, cautious, and will not escalate" [5][7] - Pakistan's military responded by shooting down Indian aircraft and launching counterattacks, claiming to have downed five Indian jets and destroyed an Indian military command post [7][11] Historical Context - The current conflict is the most intense since the ceasefire established in 2003, with previous conflicts having led to three major wars over Kashmir [4][8] - The last major escalation occurred in February 2019, following a suicide bombing that killed 40 Indian soldiers, leading to airstrikes by India on Pakistani territory [8] Economic and Diplomatic Implications - India has announced plans to cut off water supplies to Pakistan, which could severely impact Pakistan's agriculture and economy, as approximately 70% of its agricultural irrigation relies on the Indus River and its tributaries [10][11] - Both countries have imposed trade restrictions, with India banning all imports from Pakistan and Pakistan reciprocating by prohibiting the transit of Indian goods [11] Air Travel Impact - Following the military escalation, both India and Pakistan temporarily closed their airspace, affecting international flights and causing significant disruptions for travelers [13]

金十数据5月7日讯，一名印度高级国防消息人士表示，巴基斯坦军方在克什米尔控制线印度一侧的夜间 炮击造成的伤亡人数上升，有12名平民死亡，57人受伤。自4月22日印控克什米尔枪击事件导致两国关 系急剧恶化以来，印度和巴基斯坦几乎每天都在控制线对面交火。巴基斯坦军方此前证实，为了回应印 度对其领土的空袭，巴基斯坦夜间炮击了印控克什米尔地区的印度阵地。印度指责巴基斯坦"无端越过 实控线"开火。 消息人士：在印控克什米尔，巴基斯坦炮击造成的死亡人数上升至12人 ...