本报记者 顾梦轩 夏欣 广州 北京报道 在经过持续上涨后，近日，国际金价高位盘整后连续下跌。5月1日，现货黄金日内大跌超过50美元，一 度下探3234美元/盎司，跌幅超1.6%。 国内金饰价格跟跌。5月1日，老庙黄金金饰最新标价995元/克。金饰价格20天来首次跌破千元。4月22 日，周六福足金999.9还曾涨破1100元。 其他金饰品牌标价也都跌回千元附近。5月1日上午，周六福足金饰品报价1009元/克；周生生足金饰品 报价1002元/克。 金价下跌，让许多狂热的投资者措手不及，有媒体报道称，有黄金投资者一夜损失47万元。 受金价下跌影响，黄金股以及黄金ETF表现也受到影响。但机构认为，从长期看，黄金股和黄金ETF以 及黄金股ETF的投资价值依然存在。 贸易政策缓和削减避险需求 狂飙已久的黄金价格为何突然大跌？ 格上基金研究员焦冰在接受《中国经营报》记者采访时表示，近期金价波动与美国关税扰动、美元指数 震荡关系及交易过热较为密切。 首先，2025年4月美国对华关税政策落地后，市场对贸易摩擦升级的担忧一度推高金价至历史高位，而 后白宫释放对各国的缓和信号，并且特朗普公开发表对华关税将大幅下降等言论，导致金价快 ...

Core Insights - The non-farm payroll report indicates economic resilience rather than recession [1] - The labor market remains strong, but future economic outlook is uncertain [1] - The Federal Reserve is expected to remain passive until there is significant weakness in the labor market [1] Economic Indicators - The employment report is characterized as a good one, showcasing resilience in the labor market [1] - Overall data from the week suggests a strong economic foundation for the U.S. in early April [1] - Trade policies may pose a risk to economic growth, warranting caution regarding future optimism [1]

美股高开 英伟达涨2% 金十数据5月2日讯，非农数据好于预期，美股高开，道指涨1.03%，标普500指数涨0.99%，纳指涨 0.9%。英伟达(NVDA.O)涨2.2%，据悉其在美国出口规定后调整AI芯片。苹果(AAPL.O)跌4%，库克预 计特朗普贸易政策将增加9亿美元成本。纳斯达克中国金龙指数涨2.6%。 ...

英国央行可能更积极地降息 金十数据5月1日讯，牛津经济学院经济学家爱德华·艾伦比在一份报告中表示，由于担心美国关税对英 国经济的影响，英国央行可能会更加主动地降息。市场普遍预计英国央行将在5月8日的下一次公告中降 息至4.25%。由于美国的贸易政策带来了新的需求冲击，已经有初步迹象表明，货币政策委员会愿意采 取更积极主动的方式来放松政策。 ...

日本央行行长植田和男：各地区的贸易政策可能会对经济产生下行压力。 ...

Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, indicated that the economic growth and price forecasts of the Bank of Japan may undergo significant adjustments based on changes in trade policies [1] Group 1 - The Bank of Japan's economic growth predictions are closely tied to trade policy developments [1] - Price forecasts may also be impacted by shifts in trade policies, suggesting a dynamic relationship between external trade factors and domestic economic indicators [1]

Core Viewpoint - The Bank of Japan (BOJ) maintains its interest rate at 0.5% amid increasing uncertainty due to U.S. tariffs, delaying the timeline for achieving its inflation target [1][2] Monetary Policy - The BOJ extends its outlook period by one year, now including the fiscal year 2027, with core inflation expected to align with the 2% target around the second half of this outlook period [2] - The BOJ's forecast for core inflation in the fiscal year starting April 2027 is set at 1.9%, with inflation excluding fresh food and energy projected at 2% [2] - The BOJ indicates a readiness to tighten monetary policy further if conditions allow, despite recent economic growth forecasts being downgraded [2][5] Economic Growth Projections - The BOJ halves its economic growth forecast for the current fiscal year, reducing the GDP growth rate from 1.1% to 0.5% for FY2025 and from 1.0% to 0.7% for FY2026 [5][7] - The GDP growth rate for FY2027 is projected at 1.0% [5] Inflation Risks - The BOJ notes that inflation risks are skewed to the downside for the next two years, reflecting heightened uncertainty regarding trade policies [7][8] - Swap traders have delayed bets on interest rate hikes, with the likelihood of a rate increase by the end of the year now at approximately 39% [7] Market Reactions - The yen depreciated by 0.5% against the dollar, reaching 143.79, while Japanese bond prices rose, with the 10-year bond yield falling by 4.5 basis points to 1.265% [1] - The market is closely monitoring the BOJ's stance on future rate hikes, especially in light of geopolitical uncertainties and the recent strength of the yen [12]

Core Viewpoint - The Bank of Japan emphasizes the need to monitor the impact of trade policies on the financial system [1] Group 1 - The Bank of Japan is concerned about the potential effects of trade policies on financial stability [1] - There is a recognition that changes in trade policies could influence economic conditions and financial markets [1] - The central bank is likely to adjust its monetary policy in response to any significant shifts in trade dynamics [1]

贸易政策将对市场情绪产生重大影响。 日本央行：日本经济增长可能因贸易政策而放缓。 ...

日本央行：贸易政策将如何演变极具不确定性。 ...