Core Viewpoint - The Bank of Japan (BOJ) has maintained its benchmark interest rate at 0.5% while raising its inflation forecast, indicating a potential shift towards interest rate hikes in the near future [1][4]. Economic Outlook - The BOJ has increased its average inflation forecast for the current fiscal year from 2.2% to 2.7%, surpassing market expectations of 2.5% [1]. - The BOJ has also slightly raised its economic growth forecast for 2026 and 2027, reflecting a more optimistic outlook [1][4]. Inflation and Monetary Policy - The BOJ's monetary policy committee has assessed the overall risk of inflation to be balanced, suggesting a readiness to consider interest rate hikes if conditions allow [4][8]. - The central bank's latest report indicates that trade uncertainties have decreased, allowing for a more focused evaluation of the economic impact of tariffs [6][8]. Market Reactions - Following the BOJ's announcement, the Japanese yen appreciated against the US dollar, and the yield on 2-year Japanese government bonds rose by 1.5 basis points to 0.835% [4][6]. - The BOJ's adjustments in inflation expectations are driven by rising food prices, particularly rice, which have contributed to Japan having one of the highest inflation rates among G7 countries [6][8].

美国总统特朗普：加拿大对巴勒斯坦的支持使达成贸易协议变得困难。 ...

韩国六个商业团体表示欢迎与美国达成的贸易协议，该协议将缓解韩国出口的不确定性。 ...

8月1日"关税大限"前两天，美国商务部长卢特尼克宣称，美国已与柬埔寨和泰国达成贸易协议。 白宫和商务部尚未作出回应。泰国商务部发言人Poonpong Naiyanapakorn表示，泰国希望最终的税率在 18%至20%之间，与地区邻国保持一致。负责贸易谈判的柬埔寨副首相Sun Chanthol表示，他不清楚有 任何新的协议。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 据央视新闻报道，美国总统特朗普于当地时间7月26日明确表示，他已分别与柬埔寨和泰国领导人通 话，并强调只有在两国结束边境冲突后，美国才会考虑达成贸易协议。特朗普当时称："当一切尘埃落 定，和平即将到来时，我期待与这两个国家达成贸易协议。"特朗普还称，泰柬两国领导人同意"立即会 面并迅速达成停火协议"，并希望与美国重回"贸易谈判桌"。 美国是泰国和柬埔寨的最大出口市场，而从8月1日起，泰国和柬埔寨的输美商品都将面临36%的关税威 胁。 央视新闻称，特朗普本月中上旬先后致信20多个贸易伙伴的领导 ...

马来西亚将在8月1日截止日期之前公布与美国的贸易协议。 ...

本文来自：华尔街见闻，作者：鲍奕龙，题图来自：视觉中国 美国总统特朗普宣布与韩国达成了一项"全面完整"的贸易协议，以一份包含15%普遍关税和韩国对美投 资3500亿美元的承诺方案，取代了此前可能高达25%的惩罚性关税威胁。 据央视新闻，当地时间7月30日，特朗普称与韩国达成贸易协议，将对韩征收15%关税。特朗普称： 韩国将向美国提供3500亿美元，用于由美国拥有、控制并由我本人作为总统挑选的投资项 目。 报道分析，韩国的3500亿美元资金中，可能包括贷款，主要是担保贷款。韩国方面回应称，美国同意将 汽车关税降至15%。在对美投资中，2000亿美元将用于芯片、核电、生物技术。 对投资者而言，该协议消除了一个关键的短期不确定性。消息公布后，在美上市的韩国ETF在盘后交易 中上涨1.75%。 一、汽车关税落地，半导体待遇看齐他国 根据协议细节，特定行业的关税待遇也得以明确。 美国商务部长卢特尼克在社交平台上发文确认，韩国同意采购价值1000亿美元的液化天然气，韩国输美 汽车的关税将降至15%。他同时补充说： 在半导体和制药领域，韩国将不会受到比任何其他国家更差的待遇。 不过，钢、铝、铜等金属产品不包括在此次协议内， ...

Core Point - The South Korean Ministry of Finance spokesperson stated that discussions with the United States did not directly address foreign exchange issues, but negotiations are ongoing separately from trade agreements [1] Group 1 - The South Korean government is engaged in negotiations with the United States [1] - Foreign exchange issues are not a direct topic of the current discussions [1] - Trade agreements are being discussed separately from the ongoing negotiations [1]

Group 1 - The core agreement between the US and South Korea involves reducing tariffs from 25% to 15% on South Korean goods, with South Korea committing to invest $350 billion in the US [1] - The agreement includes a similar reduction in tariffs on South Korean automobiles to 15% and does not address tariffs on steel, aluminum, and copper [1] - South Korea will receive "most favored nation" treatment regarding upcoming semiconductor and pharmaceutical tariffs, which also applies to Japan [1] Group 2 - South Korean President Lee Jae-myung expressed optimism about the agreement, stating it marks a significant milestone and aims to strengthen bilateral industrial cooperation [3] - The $350 billion investment will focus on strategic sectors such as shipbuilding, semiconductors, batteries, and biotechnology, with a specific $150 billion earmarked for shipbuilding [3] - South Korea has also committed to purchasing approximately $100 billion worth of liquefied natural gas (LNG) and other energy products from the US during Trump's term [3]

Group 1 - The Pakistani government announced that a trade agreement will lead to reciprocal tariff reductions, particularly on export tariffs from Pakistan to the United States [1]

Group 1: Gold Futures Market - Gold futures are currently trading around 766.86, with a reported price of 767.78 yuan per gram, reflecting a decline of 0.69% [1] - The highest price reached was 772.44 yuan per gram, while the lowest was 766.86 yuan per gram, indicating a bearish short-term trend for gold futures [1] Group 2: U.S. Tariff Policy on Copper - President Trump announced a 50% tariff on copper pipes and wires, but did not include essential copper raw materials like copper ore, concentrates, and cathodes, which surprised the market [2] - Following the announcement, U.S. copper prices on the COMEX fell significantly, with a drop exceeding 17%, and the premium of U.S. copper prices over London global benchmark prices has disappeared [2] - The U.S. Secretary of Commerce, Ross, stated that South Korea's automotive tariff will be set at 15%, and South Korea has agreed to purchase $100 billion worth of liquefied natural gas [2]