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标普五连阳“完美一周”收官!纳指、标普再创新高,英特尔跌超8%
Di Yi Cai Jing· 2025-07-25 23:36
Market Performance - The S&P 500 and Nasdaq indices reached record closing highs, with the S&P 500 up 1.5% for the week and achieving a "perfect week" for the first time since November 2021 [1] - The Dow Jones Industrial Average rose 0.47% to close at 44,901.92 points, while the S&P 500 and Nasdaq closed at 6,388.64 points and 21,108.32 points, respectively [1] Company Performance - Microsoft shares increased by 0.55%, reaching a historic closing high of $513.71, while Intel's stock fell by 8.5% to $24.20 due to disappointing Q2 earnings [2] - Intel reported Q2 revenue of $12.9 billion, which was flat year-over-year but exceeded market expectations of $11.92 billion; however, it posted a net loss of $400 million compared to a profit of $100 million in the same period last year [2] - Other tech stocks showed mixed performance, with Nvidia down 0.14% and AMD up 2.68% [2] Economic Outlook - Market focus is shifting to the upcoming Federal Reserve meeting, with expectations that interest rates will remain unchanged; a 60% probability of a rate cut in September is being priced in [3] - Over 150 S&P 500 companies are set to report earnings next week, with analysts predicting a 7.7% year-over-year growth in overall earnings for the index, driven primarily by the technology sector [3] Commodity Market - International oil prices fell, with WTI crude oil futures down 1.32% to $65.16 per barrel and Brent crude down 1.02% to $67.66 per barrel [3]
大众汽车CEO:可以提供巨额投资以换取更好的关税协议,可能会实现对美出口。
news flash· 2025-07-25 09:05
大众汽车CEO:可以提供巨额投资以换取更好的关税协议,可能会实现对美出口。 ...
美国压价菲律宾,军售暗藏陷阱,马科斯的算盘能打响吗?
Sou Hu Cai Jing· 2025-07-25 09:01
Core Viewpoint - The recent tariff agreement between the US and the Philippines appears to favor the US significantly, with the Philippines reducing tariffs to zero while the US only lowers tariffs from 20% to 19%, indicating a potential loss for the Philippines [1] Group 1: Tariff Agreement - The US has reduced tariffs on Philippine goods from 20% to 19%, while the Philippines has eliminated tariffs on US goods entirely [1] - The agreement is framed as a "win-win" by the US, but a closer analysis suggests that the Philippines is at a disadvantage [1] Group 2: Military Cooperation - The tariff agreement is accompanied by increased military cooperation, with the US planning to deploy missile systems in the Philippines, positioning the country as a forward base against China [3] - The Philippines is expected to finance the purchase of US military equipment, leading to rising defense expenditures [3] Group 3: Domestic Concerns - There is significant internal dissent within the Philippine military regarding the agreement, with some officials expressing concerns that the Philippines may become a pawn in US geopolitical strategies [5] - The Philippine government maintains that its actions are in the national interest, despite rising costs for military equipment compared to other countries [5] Group 4: Economic Implications - The tariff concessions have raised concerns among local businesses about competitiveness, while the high costs of military procurement are straining the economy [7] - Ordinary citizens are worried about the potential negative impact on key industries such as fishing and tourism if relations with China deteriorate further [7] Group 5: Strategic Positioning - The Philippines' current strategy of balancing relations with both the US and China may not be sustainable, as military and economic ties with the US deepen [9] - The potential for the Philippines to be caught in a conflict between the US and China raises questions about its long-term sovereignty and security [9]
韩国总统办公室:高级官员在周五的会议上分析了日本和美国之间的关税协议。
news flash· 2025-07-25 08:38
韩国总统办公室:高级官员在周五的会议上分析了日本和美国之间的关税协议。 ...
国投期货综合晨报-20250725
Guo Tou Qi Huo· 2025-07-25 03:08
Report Industry Investment Ratings No relevant content provided. Core Views - The oil market has continued the inventory accumulation trend since the third - quarter peak season, with supply - demand surplus pressure due to OPEC+ production increases. Oil prices are mainly under pressure in the short term but may be supported by geopolitical factors later [2]. - Precious metals are in a wide - range oscillation as economic data shows resilience and the probability of extreme tariff confrontation is decreasing [3]. - Different commodities have various trends influenced by factors such as supply - demand, policies, and geopolitical situations, and corresponding investment strategies are proposed for each commodity [2 - 49]. Summary by Categories Energy Crude Oil - Since the third - quarter peak season, the oil market has seen crude oil inventory decline by 0.6% and refined oil inventory increase by 1.7%. The supply - demand surplus pressure persists. Oil prices are under pressure in the short term but may be supported by geopolitical factors later [2]. Fuel Oil & Low - Sulfur Fuel Oil - The 18th round of EU sanctions on Russia has reduced the supply risk of high - sulfur resources. FU is relatively weak, and LU follows crude oil with less volatility [22]. Asphalt - It is supported at around 3590 yuan/ton. August refinery production is expected to decline, and demand recovery is delayed. Low inventory provides support but limits the upside [23]. Liquefied Petroleum Gas - Overseas market decline has driven the domestic market down. With weak supply and demand, the domestic market may stabilize, and the futures market is weak [24]. Metals Copper - The copper market is cautious, with resistance at the upper integer level. It is recommended to hold a short position lightly [4]. Aluminum - The Shanghai aluminum market is in a narrow - range oscillation, with resistance at around 21,000 yuan. Attention should be paid to inventory changes [5]. Zinc - Supported by cost, it oscillates around 23,000 yuan. There is a chance to go short at a high level [8]. Lead - With tight raw material supply and cost support, it shows limited downside. It is recommended to buy call options lightly [9]. Nickel and Stainless Steel - The nickel market is in the middle - late stage of a rebound. Wait for a short - selling opportunity [10]. Tin - The Shanghai tin market has risen above 270,000 yuan, but the long - term trend is not optimistic. Consider reducing short positions [11]. Manganese and Silicon - Manganese - Silicon - manganese inventory is decreasing, and it follows the trend of rebar with a relatively small increase [19]. Iron Ore - Supply is stable, and demand is resilient. It follows the black - series trend but is at a relatively high price [16]. Coke and Coking Coal - Both coking coal and coke are expected to maintain an upward trend in the short term [17][18]. Chemicals Urea - Agricultural demand is approaching the end of the peak season, and overall demand is weak. The market is expected to oscillate [25]. Methanol - The futures market is strong, affected by policies. Inventory is decreasing, and attention should be paid to market rhythm [26]. Pure Benzene - Its price has strengthened, with seasonal improvement expected in the third - quarter and pressure in the fourth - quarter. Consider monthly spread trading [27]. Styrene - It continues to move sideways, with weakening macro - support and poor spot trading [28]. Polypropylene, Plastic, and Propylene - Propylene supply pressure increases, polyethylene has weak fundamentals, and polypropylene's short - term increase is limited [29]. PVC and Caustic Soda - PVC is strong due to policies, but long - term growth is uncertain. Caustic soda is also strong, and attention should be paid to capacity reduction [30]. PX and PTA - Their prices are rising, with PTA having room for processing margin repair. Follow domestic policies [31]. Ethylene Glycol - It is rising, supported by coal market sentiment and policies. Attention should be paid to the pressure at the previous high [32]. Short - Fiber and Bottle - Chip - Their prices follow raw materials. Short - fiber may be bullish in the medium - term, and bottle - chip's profit repair is limited [33]. Agricultural Products Soybean and Soybean Meal - The soybean meal market is expected to oscillate before tariff and weather issues are clear [37]. Soybean Oil and Palm Oil - Maintain a strategy of buying on dips, and pay attention to weather and policies [38]. Rapeseed Meal and Rapeseed Oil - The rapeseed - related products are expected to oscillate weakly in the short term [39]. Corn - The corn market has few contradictions, and Dalian corn futures may continue to oscillate weakly [41]. Live Pigs - Near - month contracts may face a risk of decline, while far - month contracts are affected by capacity reduction expectations [42]. Eggs - Near - month contracts may be under pressure, and far - month contracts may rise after capacity reduction [43]. Cotton - The Zhengzhou cotton market is in a high - level oscillation. Wait and see or conduct intraday trading [44]. Sugar - The sugar price is expected to oscillate, with pressure on US sugar and uncertainties in domestic production [45]. Apples - The futures price is oscillating, and attention should be paid to the price of new - season early - maturing apples [46]. Others Timber - The futures price is oscillating. Supply is limited, but demand is in the off - season, so wait and see [47]. Pulp - It may oscillate strongly following commodities. Consider buying on dips lightly [48]. Stock Index - The stock index has risen, and the market risk preference is stable. Increase allocation to the technology - growth sector [49]. Treasury Bonds - Bond yields are rising. Pay attention to the opportunity for curve steepening [50]. Shipping - The container shipping index (European line) may oscillate widely in the short term. Consider short - selling on rallies [21].
日美围绕关税协议的细节说明有出入
日经中文网· 2025-07-25 02:48
美国政府公布的协议概要文件中提到:"从日本进口的商品适用15%的基本关税率",但没有写明适用日 期。 特朗普政府公布了日美关税谈判协议概要,但并未写明15%对等关税等的适用日期。对于日本扩大美国 产大米进口,美方提到"将立即增加75%",但日本农相小泉表示"不是一个固定的框架"。关于购买防卫 装备,日方称"协议中不包括防卫费相关内容"…… 美国特朗普政府7月23日公布了日美关税谈判的协议概要。关于适用日期和对美投资框架,美方与日本 的说明存在很多出入或不明确之处。如果留下含糊其辞的内容,将对企业经营产生负面影响。日本政府 计划最快在下周公布汇总日美共识的文件,与此同时,努力向日本国内进行通俗易懂地说明也是当务之 急。 "15%的对等关税估计于8月1日生效",负责谈判的日本经济财政兼再生相赤泽亮正7月24日在东京羽田 机场对记者表示。日美双方针对将原计划从10%上调至25%的对等关税降至15%一事达成协议。关于从 总计27.5%降至15%的汽车关税,赤泽表示"希望尽快实施"。日本政府相关人士24日还提出看法称"将比 对等关税稍晚"。 日本称防卫装备不包括在内 关于日本扩大美国产大米进口,美方的文件提到"将立即增 ...
宏源期货品种策略日报:油脂油料-20250725
Hong Yuan Qi Huo· 2025-07-25 01:52
| | PX&PTA&PR | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 2025/7/25 | 品种 | 更新日期 | 单位 | 现值 | 前值 | 涨跌(幅) | | | 期货结算价(连续):WTI原油 期货结算价(连续):布伦特原油 | 2025/7/24 2025/7/24 | 美元/桶 美元/桶 | 66.03 69.18 | 65.25 68.51 | 1.20% 0.98% | | 上 游 | 现货价(中间价):石脑油:CFR日本 | 2025/7/23 | 美元/吨 | 567.38 | 566.38 | 0.18% | | | 现货价(中间价):二甲苯(异构级):FOB韩国2025/7/23 | | 美元/吨 | 705.50 | 715.50 | -1.40% | | | 现货价:对二甲苯PX:CFR中国主港 | 2025/7/24 | 美元/吨 | 856.00 | 841.67 | 1.70% | | | CZCE TA 主力合约 收盘价 | 2025/7/24 | 元/吨 | 4850.00 | 4784.00 | ...
秦氏金升:7.25伦敦金涨跌预测,黄金行情走势分析及操作建议
Sou Hu Cai Jing· 2025-07-25 01:52
黄金走势分析:从上周的周评中,我已经明确了本周的做单思路,回调看涨,上方关注3400整数关口位置,在周内的分析也给出3388的现价 单看涨3400破位到3420位置,周初的涨势过猛的情况下,我又给出了3420这个趋势压制线可能压制不住,去提示大家关注3452历史次高点的 压制情况,然后也给出3440尝试布局空单的建议(虽然金价最高3438附近就走跌)。在昨日关税协议消息面前,我的思路是等待回调3418- 3412继续看涨到3438这个位置的突破情况再去布局中线空,但是美盘消息面出现,金价接连跌破3405与3377-3383的两个支撑位,截止发文金 价最低到达3351这里反弹。每每消息面刺激多头情绪的上行都会在避险消退后金价会再跌回原点,这次的走势的是对这种行情最好的诠释。 如果从3438这里走跌是对前期消息面刺激上行的修复,那么3351这里止跌反弹就是对避险情绪退潮下跌的修复,但仅仅的20个点或许不够。 现在从盘面来看,上方短期的压制可关注3383附近(上行途中回调的位置);下方可参考的支撑位就是起涨点3351这里;后市操作思路上建 议是: 周四(7月24日)美市盘现货黄金(XAU/USD)价格震荡走低,日内 ...
24小时环球政经要闻全览 | 7月25日
Sou Hu Cai Jing· 2025-07-25 00:17
| 市场 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 欧美 | 道琼斯工业平均 | 44693.91 | -316.38 | -0.70% | | | 纳斯达克 | 21057.96 | 37.95 | 0.18% | | | 标普500 | 6363.35 | 4.44 | 0.07% | | | 欧洲斯托克50 | 5355.2 | 10.95 | 0.20% | | | 英国富时100 | 9138.37 | 76.88 | 0.85% | | | 法国CAC40 | 7818.28 | -32.15 | -0.41% | | | 德国DAX | 24295.93 | 55.11 | 0.23% | | | 俄罗斯RTS | 1121.55 | -19.37 | -1.70% | | | 上证指数 | 3605.73 | 23.43 | 0.65% | | | 深证成指 | 11193.06 | 134.02 | 1.21% | | | 创业板指 | 2345,37 | da 34.7 | 1.50% | | | 恒生指数 | 256 ...
墨西哥总统辛鲍姆:对与美国达成关税协议充满信心。
news flash· 2025-07-24 14:21
墨西哥总统辛鲍姆:对与美国达成关税协议充满信心。 ...