每经AI快讯，8月15日消息，美国8月密歇根大学消费者信心指数初值为58.6，预期为62，前值为61.7。 ...

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the reports. 2. Core Views The reports present daily data on various futures, including stock index futures, treasury bond futures, precious metal futures, and container shipping futures, along with related indicators such as spreads, basis, and price ratios, to help investors understand market trends and price relationships. 3. Summary by Relevant Catalogs Stock Index Futures Spread Daily Report - **Price Spreads**: Provides current values, changes from the previous day, 1 - year and all - time historical quantiles for various stock index futures spreads, including IF, IH, IC, and IM, covering both spot - futures spreads and inter - delivery spreads [1]. - **Cross - Variety Ratios**: Presents ratios and their changes for different cross - variety combinations, such as CSI 500/CSI 300, IC/IF, etc., along with their historical quantiles [1]. Treasury Bond Futures Spread Daily Report - **Basis**: Shows the basis, its change, and the percentile since listing for different treasury bond futures (TS, TF, T, TL), as well as the internal rate of return (IRR) for TS [2]. - **Inter - Delivery Spreads**: Reports the inter - delivery spreads and their changes and historical percentiles for different treasury bond futures contracts [2]. - **Cross - Variety Spreads**: Provides cross - variety spreads and their changes for different combinations of treasury bond futures [2]. Precious Metal Spot - Futures Daily Report - **Prices**: Presents domestic and foreign futures closing prices, spot prices, and their changes and percentage changes for gold and silver [4]. - **Basis**: Reports the basis, its change, and historical 1 - year quantiles for different combinations of precious metal spot and futures [4]. - **Price Ratios**: Shows price ratios and their changes for different precious metal combinations [4]. - **Interest Rates and Exchange Rates**: Provides data on 10 - year and 2 - year US Treasury yields, 10 - year TIPS Treasury yields, the US dollar index, and the offshore RMB exchange rate, along with their changes [4]. - **Inventory and Holdings**: Reports inventory and holding data and their changes for precious metals in different markets [4]. Container Shipping Industry Spot - Futures Daily Report - **Spot Quotes**: Presents spot quotes and their changes for different shipping companies on the Shanghai - Europe route [6]. - **Container Shipping Indexes**: Provides settlement price indexes and their changes for different container shipping routes, as well as Shanghai export container freight rates and their changes [6]. - **Futures Prices and Basis**: Reports futures prices, their changes, and basis data for container shipping futures contracts [6]. - **Fundamental Data**: Includes data on global container shipping capacity supply, port - related indicators, monthly export amounts, and overseas economic indicators, along with their changes [6]. Overseas and Domestic Data/Information Report - **Overseas Data**: Lists economic indicators and financial events in the eurozone and the US, including economic sentiment indexes, inflation rates, and small - business confidence indexes [9]. - **Domestic Data**: Presents economic indicators and events in different domestic sectors, such as port inventories, to - port forecasts, and production - sales ratios [9].

（文章来源：每日经济新闻） 每经AI快讯，8月1日消息，美国7月密歇根大学消费者信心指数终值为61.7，预期62，前值61.8。 ...

金十数据8月1日讯，受益于股市反弹带来的当下经济状况乐观情绪，同时通胀预期有所缓解，美国7月 密歇根大学消费者信心指数终值升至五个月高点。调查显示，消费者预计未来五到十年的年均通胀率为 3.4%，为今年1月以来的最低水平；对未来一年的通胀预期则从6月的5%降至4.5%。这项调查于7月28日 结束，期间涵盖了特朗普总统与日本、欧盟等主要贸易伙伴达成关税协议的时段。但与此同时，总统也 在7月最后一个周四晚间宣布了一轮大规模的新关税措施，推动美国的平均关税水平进一步上升。调查 负责人表示，"持股消费者的信心上升，但这一涨幅部分被非持股消费者信心下滑所抵消。" 受益于股市反弹带来的乐观情绪 美国消费者信心指数升至5个月高点 ...

美国7月密歇根大学消费者信心指数终值 61.7，预期62，前值61.8。 ...

Market Overview - International gold prices experienced fluctuations and closed higher on July 29, with an opening price of $3,314.71 per ounce, a high of $3,334.13, a low of $3,307.99, and a closing price of $3,320.60 [1]. Economic Indicators - The U.S. JOLTs job openings for June recorded 7.437 million, below the market expectation of 7.5 million and down from the previous value of 7.769 million. This indicates a decline in job openings after two months of increases, suggesting a stable overall labor demand [2][4]. - The Conference Board's Consumer Confidence Index for July was reported at 97.2, exceeding the market expectation of 95 and up from the previous value of 93. This reflects a slight improvement in consumer sentiment, although it remains below last year's levels [2][4]. Federal Reserve Insights - Federal Reserve officials are reportedly divided on the need for future interest rate cuts, with some waiting for clearer evidence before making a decision. The focus will be on whether Chairman Powell will hint at a potential rate cut in September during the upcoming press conference [4][6]. Trade Developments - The U.S. Commerce Secretary announced that President Trump will unveil pharmaceutical industry policies within two weeks. Additionally, Trump indicated that India may face tariffs of 20%-25%, although an agreement has not yet been finalized [5][6]. Technical Analysis of Gold - Gold prices showed a rebound after a period of decline, with short-term support levels being established. The market is currently in a cautious trading phase, with specific trading ranges suggested for both long and short positions [8].

Group 1 - The consumer confidence index in the U.S. rose from a revised 95.2 in June to 97.2 in July, indicating a gradual stabilization since April's decline [1] - The "present situation index" decreased by 1.5 points to 131.5, reflecting increased concerns about the current job market, while the "expectations index" increased by 4.5 points to 74.4, although it remains below the 80 threshold that typically signals a recession [1] - Only 14.3% of consumers rated the current business conditions as "bad," a slight decrease from 15% in June, while those rating it as "good" fell from 20.5% to 20.1% [1] Group 2 - Consumer confidence improvements were primarily driven by individuals aged 35 and older, with all income levels showing positive trends except for households earning less than $15,000 [2] - Concerns about tariffs remain high among consumers, with inflation expectations slightly decreasing to 5.8% in July from 5.9% in June, despite increased mentions of "high prices" and "inflation" [2] - Confidence in the stock market has improved, with 47.9% of respondents expecting stock prices to rise in the next 12 months, up from 37.6% three months prior [2] Group 3 - Consumers expect interest rates on mortgages, auto loans, and credit cards to rise, with the expectation for credit card rates being the most pronounced [3] - The assessment of household financial conditions remains stable but shows signs of fatigue, with a decrease in the proportion of consumers expecting a recession in the next 12 months, although it remains above 2024 levels [3] - There has been a decline in the willingness to purchase cars and homes, while service consumption intentions have decreased for the second consecutive month, particularly in dining out and travel-related expenses [3]

Core Insights - The Consumer Confidence Index from the Conference Board for July is reported at 97.2, surpassing the expected value of 95 and the previous value of 93 [1] Group 1 - The increase in the Consumer Confidence Index indicates a positive sentiment among consumers, which may lead to increased spending and economic growth [1] - The current index value of 97.2 suggests a recovery in consumer confidence compared to the previous month, reflecting improved economic conditions [1] - The expectation of 95 was exceeded, indicating stronger consumer optimism than analysts had predicted [1]

Group 1 - Companies in Taiwan are facing increasing pressure due to rising exchange rates, order fluctuations, and tariff issues, leading to labor costs being passed down to frontline workers [1] - A specific company in Taichung, affected by the Russia-Ukraine conflict and U.S. tariff wars, has shifted from aiming for an IPO to being acquired due to the adverse impacts of currency appreciation [1] - The Taiwanese government is preparing a budget of NT$93 billion to support industries and stabilize the job market amid the tariff impacts on small and medium-sized enterprises [3] Group 2 - As of mid-July, 179 companies in Taiwan have implemented reduced work hours or unpaid leave, affecting 3,196 workers, marking a six-month high [2] - The uncertainty surrounding U.S. tariffs has led to 5% of surveyed companies reporting layoffs, while 25% have paused hiring plans [2] - The consumer confidence index in Taiwan has slightly increased to 64.38 points, ending a nine-month decline, although the overall economic outlook remains cautious [3][4]

Investment Rating - The report suggests a positive outlook for certain Japanese consumer companies, particularly Asics, Pan Pacific International Holdings, Fast Retailing, and Asahi Group, due to their optimistic profit growth prospects [5]. Core Insights - High temperatures in June boosted sales of beverages and summer clothing, while duty-free consumption saw a significant decline [2][13]. - The consumer confidence index in Japan rose to 34.5 in June, the highest in four months, indicating improved consumer sentiment [7]. - The report highlights a mixed performance across different sectors, with essential goods showing resilience while discretionary spending faced challenges [4][26]. Summary by Sections Macro Overview - The consumer confidence index increased to 34.5 in June, up from 32.8 in May, with all sub-indices showing improvement [7]. - Core CPI rose by 3.3% year-on-year in June, a decrease from 3.7% in May, indicating a slowdown in inflation [9]. - The producer price index (PPI) increased by 2.9% year-on-year in June, reflecting easing cost pressures for producers [11]. Essential Consumption - Drugstore same-store sales showed positive growth, with PPIH, 7-Eleven, and Aeon reporting increases of 4.5%, 2.0%, and 2.1% respectively [3][15]. - Beverage sales turned positive due to high temperatures, with Suntory and Asahi reporting year-on-year sales growth of 1% and 9% respectively [18]. - The overall beer industry faced challenges, with Asahi's domestic revenue declining by 1% and Kirin's by 2% [20]. Discretionary Consumption - Clothing sales remained robust, with Workman and Uniqlo reporting same-store sales growth of 15.0% and 6.4% respectively [28]. - Restaurant same-store sales growth slowed, with major brands like Food&Life and McDonald's showing increases of 14.5% and 3.6% respectively [26]. - Department store sales continued to decline, with a 7.8% year-on-year drop in June, primarily due to a 40.6% decrease in duty-free sales [34]. Stock Market Performance - In June, the retail sector index rose by 3.7%, while the food and beverage sector increased by 0.7% [42]. - The report notes significant inflows into retail and food and beverage ETFs, indicating investor interest in these sectors [5].