辉瑞制药的CEO称，与美国白宫围绕特朗普关税问题进行了富有成效的沟通。 辉瑞制药（PFE）涨幅扩大至超过2.5%。 ...

外交部发言人郭嘉昆主持例行记者会。有记者就波音公司飞回拟交付飞机以及相关关税问题提问。 对此，郭嘉昆表示，有关具体的项目中国商务部已经发布了有关消息，你可以查阅。我想，中方在关税 问题上的立场是一贯的。我们也想再次强调，如果美方希望通过对话来解决问题的话，那么就要停止威 胁和施压，在平等、尊重、互惠的基础上同中方开展对话。（央视） ...

Report Summary 1. Report Industry Investment Rating - No information provided on the industry investment rating in the given content. 2. Report's Core View - The report focuses on the zinc market, stating that zinc is in a range - bound consolidation. The trend intensity of zinc is 0, indicating a neutral outlook [1][2]. 3. Summary by Related Content Fundamental Tracking - **Prices**: The closing price of the Shanghai Zinc main contract was 22,520 yuan/ton, down 1.01% from the previous day, and the closing price of the LME Zinc 3M electronic trading was 2,645.5 dollars/ton, down 2.20% [1]. - **Volumes and Positions**: The trading volume of the Shanghai Zinc main contract was 149,791 lots, a decrease of 53,425 lots; the trading volume of LME Zinc was 5,473 lots, an increase of 471 lots. The position of the Shanghai Zinc main contract was 117,883 lots, a decrease of 4,544 lots; the position of LME Zinc was 207,331 lots, an increase of 2,089 lots [1]. - **Premiums and Discounts**: The premium of Shanghai 0 zinc was 165 yuan/ton, down 10 yuan/ton; the premium of Guangdong 0 zinc was 480 yuan/ton, up 50 yuan/ton; the premium of Tianjin 0 zinc was 245 yuan/ton, down 10 yuan/ton. The LME CASH - 3M premium was - 34.73 dollars/ton, down 1.3 dollars/ton [1]. - **Inventory**: The inventory of Shanghai Zinc futures was 2,856 tons, a decrease of 329 tons; the LME zinc inventory was 179,325 tons, a decrease of 725 tons [1]. News - China's Ministry of Foreign Affairs stated that China and the US have not conducted consultations or negotiations on tariff issues [2].

Group 1 - S&P 500 index experienced a five-day winning streak, while Nvidia fell over 2% and Nasdaq's four-day rise came to a halt, with NXP Semiconductors plummeting over 8% after hours, and NIO rising over 7% [1] - Amazon raised prices on nearly 1,000 products by an average of 29%, while Shein's top 100 products saw an average price increase of 51% [1] - Bubble Mart's app topped the charts for two consecutive days, with long lines overseas, leading to a 10% surge in stock price [1] Group 2 - The China Gold Association reported a 328% year-on-year increase in domestic gold ETF holdings in Q1, while gold jewelry consumption decreased by 26.85% [1] - Alibaba released and open-sourced Qwen3, which integrates thinking modes seamlessly, supports 119 languages, and facilitates agent calls [1]

活动现场，众多游戏玩家热情高涨。自上午起，便有不少人在东京附近的幕张展览中心外排起长队，只 为能第一时间上手体验Switch 2上的《马里奥赛车世界》《大金刚：富矿》等游戏。这一场景无疑彰显 出消费者对Switch继任者的强烈需求。 【环球网科技综合报道】4月28日，据路透社消息，近日，在东京附近的一场活动中，日本任天堂粉丝 得以提前体验备受期待的新款Switch 2游戏设备。然而，在全球贸易局势波谲云诡、关税问题持续发酵 的背景下，这场预发布活动不仅承载着玩家对新品的好奇与期待，也笼罩着对价格可能上涨的担忧。 事实上，自2017年推出以来，Switch销量已突破1.5亿台，成功扭转了任天堂的命运，其市场影响力不 容小觑。此次任天堂在日本举办的Switch 2抽奖活动，便吸引了高达220万份申请，但受限于供应量， 难以满足所有消费者的需求。28岁的桥口辉马幸运地通过抽签成为首批购买者之一，不过他也坦 言："说实话，我觉得自己没机会了。社交媒体上每个人都说他们错过了，所以我觉得我也错过了。"这 一表述从侧面反映出Switch 2的火爆程度与市场需求的旺盛。 尽管市场需求强劲，但关税问题却如同一颗"定时炸弹"，给 ...

Group 1 - The market remains relatively stable, largely supported by major banks like Industrial and Commercial Bank of China and Agricultural Bank of China, which have reached historical highs and provide a sense of security to the overall market [1][3] - Despite the overall market stability, many individual stocks are struggling to recover from the gaps created by tariff issues, indicating a challenging journey ahead for these stocks [3][5] - The period around late April is particularly difficult for small-cap stocks due to earnings disclosures, with many stocks facing significant declines during this time [3][5] Group 2 - As May approaches, there is a sense of optimism that the earnings clouds may finally dissipate, yet investor sentiment remains cautious due to ongoing tariff uncertainties [5][7] - The saying "May is poor, June is bleak, and July will turn around" serves as a reminder that even with a new month, the market may still face turbulence [5][7] - In the medium to long term, the market's valuation advantage persists, indicating that the current level around 3300 points is not necessarily overvalued, with valuations oscillating between undervaluation and overvaluation [7]

不久前，美国总统特朗普公开在关税问题上对华示好，这有可能会让印度总理莫迪非常尴尬。毕竟，就在不久前，印度还刚刚在关税问题上对美国交出 了"投名状"，摆出了一副与美国"并肩作战"应对中方的架势。结果转头特朗普却要对华妥协，这显然会让才"得罪"了中方不久的印度非常尴尬且无语。 美国突然对华示好，最尴尬的恐怕就是印度总理莫迪了。因为就在周一，印度方面还刚刚宣布对钢铁产品加征12%的关税。而中方目前正是印度第二大钢铁 进口来源国，印度此举的意思可谓不言而喻。甚至就在不久前，印度方面又传出消息，愿意为美国"接盘"，买下被中方航司拒绝接收的波音客机。 很显然，不论是故意加高关税，还是"接盘"中方退回的波音飞机，印度的这些举动显然都说明，莫迪正准备与美国站在同一条战壕里，与美国在贸易战当 中"并肩作战"。而印度之所以对华出招，有可能是有以下的考量，一是为了讨好美国，换取美国在"对等关税"上对于印度的"豁免"；二是希望能够以此来讨 好美国，获得美国的投资或者技术转移以发展经济；三是通过竖立关税壁垒，促进印度本国制造业的发展。 当地时间22日，美国总统特朗普公开表示对中方的145%关税过高，并且表示了要下调关税的意思。外界普遍 ...

Group 1 - The concern about a second bottom in the A-share market is not unfounded, as there are still uncertainties regarding tariff issues and historical K-line patterns resemble those from February 2020 [1][3] - The A-share market has over 5,000 stocks that have moved away from a synchronized rise and fall, indicating that historical patterns may not repeat simply [4][6] - The essence of whether a second bottom will occur depends on the institutional investors' accumulation of shares; insufficient institutional holdings may lead to stagnant stock prices even in a rising market [6][11] Group 2 - Institutional trading behavior is crucial for understanding stock price movements, as evidenced by the differing performances of stocks after the market correction in September 2022 [6][8] - The "institutional inventory" data, which reflects the activity level of institutional funds, indicates that stocks with active institutional trading are more likely to sustain price increases [11][12] - Current institutional inventory levels are higher than those observed during the Spring Festival, suggesting that despite market fluctuations, institutional operations remain active [16]

Report Summary 1. Report Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views - The economic downward pressure still supports gold, and it is advisable to maintain a slightly bullish view on gold's medium - term high - level oscillation. [2] - Crude oil has short - term inventory pressure, and the market will face multiple factors in the later stage. Short - term trading is recommended. [3] - Iron ore is expected to oscillate mainly due to minor fundamental contradictions and positive macro - sentiment. [5] - Coke is expected to move sideways in the short term as the market sentiment is weak and the cost support is decreasing. [5] - Steel prices may fluctuate up and down repeatedly due to uncertain demand, and the current situation should be treated with an oscillating view. [6] - The price of live pigs is expected to be slightly bullish in the medium - long term, and short - term 09 contracts can wait for a callback to go long. [6] - Palm oil prices will maintain an oscillating pattern, and high - selling and low - buying are recommended. [7] - Silver lacks the power to rise further, and there is unlikely to be a trending market before the Fed cuts interest rates. [8] - The price of soybeans is expected to continue to oscillate strongly. [8] - The bond market will have increased fluctuations, and attention should be paid to the stock - bond seesaw effect. [9] - The 09 contract of soda ash is expected to oscillate slightly strongly in the short term, and it is recommended to wait and see or short - sell in the short term. [9] - The 09 contract of caustic soda is expected to oscillate in the short term, and it is recommended to wait and see. [10] - The 09 contract of methanol is expected to oscillate in the short term, and it is recommended to wait and see or short - sell in the short term. [12] - PTA should be traded short - term as it follows crude oil and the demand side is under pressure. [12] - Natural rubber is likely to continue its weak consolidation trend. [13] 3. Summaries by Commodity Gold - Fed officials warned of economic downward risks, increasing the expectation of interest rate cuts. Gold has support from economic pressure, and its medium - term trend is slightly bullish with high - level oscillation. [2] Crude Oil - The short - term inventory pressure is not significant. The market will be affected by factors such as tariffs, US - Iran and Russia - Ukraine cease - fire negotiations, and OPEC+ production in the later stage. Short - term trading is recommended. [3] Iron Ore - The supply is at a neutral level, and the demand has short - term support. The fundamentals have minor contradictions, and it is expected to oscillate mainly due to positive macro - sentiment. [5] Coke - The coke market price is stable. The profit of coke enterprises is low, and the cost support is decreasing. It is expected to move sideways in the short term. [5] Steel - The inventory of steel continues to decline, but the demand sustainability is questionable. Steel prices may fluctuate up and down repeatedly, and an oscillating view is recommended. [6] Live Pigs - The price of live pigs is oscillating narrowly. The terminal demand is average, but the breeding side is reluctant to sell at low prices. It is recommended to go long on the 09 contract after a callback in the short term and is slightly bullish in the medium - long term. [6] Palm Oil - The external market is rising, and the purchase volume is increasing, but there is a lack of continuous upward momentum. It is recommended to high - sell and low - buy. [7] Silver - US economic data shows some resilience, but the global economic downward pressure is increasing. Silver lacks upward power, and there is no trending market before the Fed cuts interest rates. [8] Soybeans - The market has an environment where prices are easy to rise but difficult to fall. The price of domestic soybeans is expected to continue to oscillate strongly. [8] Treasury Bonds - The central bank increases market liquidity, and there is still an expectation of monetary easing. The bond market supply increases, and its fluctuations intensify. Attention should be paid to the stock - bond seesaw. [9] Soda Ash - The domestic soda ash market is running steadily. The supply is at a high level, and the demand is stable. The 09 contract is expected to oscillate slightly strongly in the short term. [9] Caustic Soda - The caustic soda device is operating at a high level, and the inventory is decreasing. The downstream demand is weak. The 09 contract is expected to oscillate in the short term. [10] Methanol - The cost is stable, the supply is high, and the demand is decreasing. The 09 contract is expected to oscillate in the short term. [12] PTA - The PTA production and polyester industry's start - up rate are increasing, but the demand side is under pressure. It should be traded short - term. [12] Natural Rubber - The supply pressure will become obvious in the later stage, the market support is weak, and it is likely to continue its weak consolidation trend. [13]

IMF总裁格奥尔基耶娃：目前全球的担忧更多集中在不确定性上，而非关税问题。 ...