在全球经济和关税目前,实质上是贸易政策不确定性的再暴露;一方面,贸易摩擦会扰动跨国供应链与企业 盈利预期,二来则可能促使企业与主权实体寻求硬通货或对冲工具以规避信用与汇率风险,因此即便关税 最终未落实,市场的信息传导与风险重估已在短期内为金银提供了"避风港"属性的支撑。 地缘风险放大避险情绪 近期推动黄金白银在新一周开盘阶段出现明显冲高,市场在政治、地缘与货币层面的不确定性持续累积 下,避险情绪快速升温;同时,美日汇率层面罕见互动使美元承压,进一步强化贵金属的"美元计价"优势。高 地集团发现回顾本轮行情,金价上涨的核心并非单一因素,而是贸易摩擦升级、地缘冲突风险加剧以及全 球货币政策预期变化三条逻辑共同发酵。 从关税言论看政治风险对贵金属的路径 本周四的美联储会议成为时间上的关键节点。当前市场普遍认为短期内降息不会立即到来,本次会议焦 点不在利率数字本身,而是鲍威尔会后讲话对"降息节奏"和对经济/通胀判断的传递,如果美联储偏向鸽派 且暗示加速降息路径,实际利率预期将下降,进而利好贵金属;相反,若措辞偏鹰或强调耐心,短期贵金属波 动可能受压。总体而言,议息周更像是波动的引爆点,而非决定性逆转因素。 白银的双重属 ...

Core Viewpoint - The European economy is at a new starting point of moderate recovery intertwined with multiple challenges as it enters 2026, with inflation gradually retreating to target levels and economic growth showing some resilience, despite ongoing trade frictions and geopolitical risks [1] Economic Growth Outlook - The European economy is expected to show moderate growth in 2025, with the Eurozone GDP growth projected at approximately 1.3% in 2025 and 1.2% in 2026, while the overall EU growth rate is anticipated to remain at 1.4% for both years [1][2] - The EU's economic performance is showing signs of improvement compared to the previous three years characterized by high prices, high interest rates, high debt, and low growth [1][3] Inflation and Consumer Spending - Inflation in the Eurozone is showing signs of easing, with the harmonized consumer price index (HICP) rising by 1.9% year-on-year in December 2025, down from 2.1% in November [2] - The EU Commission forecasts a decline in the overall inflation rate from 2.4% in 2024 to 2.1% in 2025, with the European Central Bank expecting it to drop to 1.9% in 2026 [2] Structural Challenges - The EU faces significant structural challenges, including high debt levels, with the debt-to-GDP ratio expected to rise from 84.5% in 2024 to 85% in 2027, and the Eurozone's ratio projected to increase from approximately 88% to 90.4% [6] - Economic divergence among EU member states is evident, with Eastern and Southern countries like Poland and Spain showing strong growth, while core economies like Germany and France remain relatively weak [6] Trade and Geopolitical Risks - Trade barriers have reached historical highs, with increased average tariffs on EU exports to the US, which may further suppress economic growth [5] - Ongoing geopolitical tensions, particularly related to the Ukraine crisis and US-EU trade disagreements, continue to pose risks to the economic recovery [5][6] Policy Measures and Future Prospects - The EU's recovery fund of €750 billion and various policy tools are expected to support public investment and growth in green and digital sectors [8] - Despite positive factors, short-term challenges such as tariff risks, inflation pressures, and high debt levels are likely to persist, potentially leading to a slight decline in economic growth in 2026 compared to 2025 [8]

金融市场犹如变幻莫测的海洋，时刻涌动着投资与经济政策的波澜，深刻影响着全球经济的走向。在 此，喜娜AI为您呈上今日财经热点新闻，全方位覆盖股市动态、经济数据、企业财务状况以及政策更 新等关键领域，助您精准洞察金融世界的风云变幻，把握市场脉搏。 时隔三年多超70亿"爆款"重现！市场风向悄然转变 时隔三年多，主动权益基金发行市场热度回暖，1月20日成立的偏股混合型基金广发研究智选A，发行 份额高达72.21亿份，成为"爆款产品"，打破了2025年以来被动指数产品主导的局面。截至1月25日，年 初新成立76只基金，合计发行份额719.39亿份，平均发行份额达9.47亿份，远超2025年12月。机构对 2026年权益市场偏乐观。详情>> 电价狂飙1400%，天然气一周翻倍，寒流重创美国经济 极寒天气袭击北美，美国能源业受重创，原油日产量减少至多200万桶，12%天然气产能停摆。天然气 期货主力合约盘中大涨超25%，价格一周翻倍，电力价格也狂飙1400%。风暴还扰乱出行、货运，航空 公司取消数千架次航班。气象专家预计经济损失1050 - 1150亿美元，摩根士丹利估算或使一季度GDP增 速回落0.5 - 1.5个百分点 ...

智通财经APP获悉，随着美国政治环境的高度动荡引发市场涌向看空对冲，美元交易员正以创纪录的成本押注美元将出现更深度的下跌。能够从美元走弱中 获利的短期期权溢价已扩大至自2011年有数据以来的最高水平。看空情绪并不局限于短端——投资者对美元长期前景的悲观程度，至少已达到2025年5月以 来的最高水平。尽管美元指数周二小幅走高，但其此前连续三个交易日的跌幅，为去年4月美国关税动荡以来之最。若跌势如期权价格所暗示的那样重新展 开，美元可能跌至四年来的最低水平。 丹斯克银行高级分析师Jesper Fjarstedt表示："不可预测的美国政治局势毫无疑问对美元不利。过去一周的发展，促使市场重新计入政治风险溢价。" 今年以来，美元在十国集团(G10)货币中表现垫底，这表明投资者看待这一传统避险资产的方式正在发生转变。对美国财政赤字上升、制裁风险和贸易摩擦 的担忧，以及投资者加速向黄金和其他储备资产分散配置，正共同对美元构成压力。 美元这轮走势背后不仅仅是情绪变化，还有大量资金流动。周一，通过美国存管信托与清算公司(DTCC)的交易量达到历史第二高，仅次于2025年4月3日那 次抛售。在四日滚动平均口径下，市场参与度已升至 ...

Group 1: Market Overview - The current market sentiment emphasizes the need for a strategic approach that respects market dynamics while maintaining a clear focus on trading signals and risk management [1] - The gold market is experiencing strong upward momentum, with spot gold rebounding to $5094.54 per ounce, marking a nearly 1.7% increase and maintaining a positive trend for seven consecutive trading days [2] - The geopolitical landscape, particularly the ongoing Russia-Ukraine conflict and U.S. trade policy uncertainties, is driving increased demand for safe-haven assets like gold [3] Group 2: Technical Analysis - Gold is currently in a defined short-term upward channel, with support at approximately $4971.48 and resistance at $5156.89 [4] - Technical indicators suggest a potential short-term overbought condition, with the RSI at 70.84, indicating that bullish momentum may face some pressure [4] - The overall technical outlook for gold remains bullish, with a focus on potential price movements around key resistance and support levels [6] Group 3: Oil Market Insights - West Texas Intermediate (WTI) crude oil prices are experiencing a pullback, trading around $60.50 per barrel, following a previous day’s decline of over 0.50% [7] - Supply uncertainties, particularly due to winter storms affecting U.S. production, are providing some support for oil prices despite the recent technical corrections [7] - The oil market is currently balancing between fundamental support and expectations of supply recovery, with a cautious outlook on sustained tight supply conditions [8]

今日周二(1月27日)亚盘时段，伦敦金在隔夜纽约时段自高位大幅回落之后，突然出现暴涨行情。金价 刚刚突破5060美元/盎司，日内涨幅超过52美元。美国总统特朗普最新表态称，美国对从韩国进口的汽 车、药品和木材征收的关税将从15%上调至25%。 【要闻速递】 摘要今日周二(1月27日)亚盘时段，伦敦金在隔夜纽约时段自高位大幅回落之后，突然出现暴涨行情。 金价刚刚突破5060美元/盎司，日内涨幅超过52美元。美国总统特朗普最新表态称，美国对从韩国进口 的汽车、药品和木材征收的关税将从15%上调至25%。 回顾上周末，特朗普曾威胁对加拿大加征高达100%的关税，这一激进言论直接助推国际金价在本周一 出现暴涨行情。 知名人士指出，今年的贵金属市场几乎完全由"特朗普因素"主导。他认为，当前市场正迎来一波全新的 散户投资浪潮，主力军来自亚洲与欧洲，投资者正急于建立黄金与白银的头寸以应对潜在的系统性风 险。 技术分析人士也指出，受地缘政治紧张局势重燃及央行持续购金的影响，金价在本周一成功突破每盎司 5000美元的里程碑，并触及5111美元的历史新高。 【最新伦敦金行情解析】 市场分析普遍认为，当前金价仍具备进一步上行的动能 ...

Group 1 - The current spot gold price is 1132.15 yuan per gram, reflecting an increase of 11.56 yuan or 1.03% from the previous trading day, indicating a slow upward trend during the Asian trading session [1] - The opening price for the day was 1120.81 yuan per gram, with a daily high of 1135.28 yuan per gram and a low of 1120.54 yuan per gram, showcasing volatility within the trading range [1] Group 2 - President Trump has threatened to raise tariffs on South Korean goods from 15% to 25% due to the lack of formal legislation on the US-Korea trade agreement, which could significantly impact major exporters like Hyundai, projected to export 1.1 million vehicles to the US in 2024 [2] - This move is part of a broader pattern of escalating trade tensions with allies, including threats of 100% tariffs on Canadian goods and new tariffs on European products related to Greenland, as well as potential tariffs on countries doing business with Iran [2] - The US Supreme Court is set to rule on challenges to Trump's global tariff policies, which could limit his ability to adjust import taxes independently, amidst rising public dissatisfaction with his leadership ahead of the midterm elections [2] Group 3 - Despite maintaining high volatility, gold prices experienced a rapid decline during the US trading session, with a rebound observed around 5052 USD, leading to a subsequent rise to 5070 USD, marking a successful start to the week [3] - Technical analysis indicates a strong bullish trend with a golden cross in the half-hour moving average system, suggesting that current high volatility is a consolidation phase before a new upward movement [3] - It is anticipated that after the consolidation phase, gold prices will continue to rise and reach new highs, reinforcing the bullish market outlook [3]

UNforex 1 月 26 日讯 随着全球市场风险偏好再度走弱，黄金多头动能明显增强。周一亚洲时段早盘， 现货黄金强势突破5000美元/盎司这一关键心理关口后继续上行，盘中最高触及5085美元，价格运行区 间被整体抬升，刷新历史高位边界。 从阶段性走势来看，金价延续了上周形成的强势格局。上周累计涨幅超过8%，年初以来涨幅已接近 20%。在较短时间内先后突破4000美元与5000美元两大整数关口，价格运行斜率明显上移，反映出资金 对避险资产的配置意愿仍在持续强化。 近期金价快速上行的核心背景，仍指向地缘政治与贸易政策不确定性的集中释放。围绕格陵兰岛主权及 北极战略利益的问题，美国与欧洲盟友之间的分歧持续发酵，相关表态已对跨大西洋关系及市场风险偏 好构成扰动。 与此同时，特朗普再次将贸易议题推至市场焦点。本周末，其针对加拿大与中国贸易合作发出强硬警 告，并威胁对加拿大商品加征最高达100%的关税。相关言论迅速放大了市场对全球贸易体系再度承压 的担忧情绪，避险资金随之加速流向贵金属资产。在多重政治变量交织之下，黄金的风险对冲属性被重 新评估，其对传统利率与美元因素的敏感度阶段性下降。 政策层面，美联储即将结束本周 ...

政策层面，美联储即将结束本周的议息会议。市场普遍预期政策利率将维持不变，但投资者的关注焦点 已明显从"是否调整利率"转向政策沟通与前瞻指引本身。一方面，交易层面对2026年后货币政策再度转 向宽松的定价仍未完全消退；另一方面，美联储主席鲍威尔在央行独立性问题上的立场，以及对未来数 据路径的判断，将直接影响利率预期的再定价节奏。机构普遍认为，短期内降息条件尚不充分，但政策 不确定性本身已构成对黄金的重要支撑。在低利率环境延续的背景下，无收益资产的持有成本优势依然 存在，这也是金价能够在高位维持强势的重要原因之一。 UNFX 1 月 26 日讯 随着全球风险偏好再度趋紧，黄金市场的多头动能明显增强。周一亚洲交易时段， 现货黄金强势突破5000美元/盎司这一重要心理关口后延续上行，盘中一度触及5085美元，价格运行区 间被整体抬升，刷新历史高位区间。从阶段性节奏来看，金价延续了上周以来的强势结构。上周黄金累 计涨幅超过8%，年初至今的涨幅已接近20%。在数月时间内先后跨越4000美元与5000美元两大整数关 口，价格运行斜率显著上移，反映出市场对避险资产的配置需求仍在持续强化。 近期金价快速走高的核心驱动，仍指向地 ...

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