Gold (GC=F) futures opened at $4,836.20 per troy ounce on Thursday, nearly even with Wednesday’s closing price of $4,837.50. The price of gold reached an all-time high of $4,872.30 on Wednesday. The slight decline in gold’s price follows President Trump’s decision to drop proposed tariffs against several European countries. He had previously threatened the tariffs to force a U.S. acquisition of Greenland. After meeting with NATO Secretary-General Mark Rutte, however, Trump said he had the “framework” of ...

每经编辑｜许绍航 此前，美国总统特朗普18日在社交媒体上表示："北约20年来不断告诫丹麦，必须消除俄罗斯对格陵兰岛的威胁。可惜丹麦一直无所作为。现在是时候行 动了。" 与此同时，丹麦军方人士称，从19日起，驻扎在丹麦自治领地格陵兰岛的丹麦军队人数将增加。 当地时间19日晚上，一架载有数十名丹麦士兵的飞机降落在格陵兰自治首府努克。 另外，来自丹麦陆军第一旅大约58名士兵同一天也抵达格陵兰岛的康克鲁斯瓦格。 丹麦国防部14日发表声明称，鉴于地缘政治紧张局势已蔓延至北极地区，丹麦国防部和格陵兰岛自治政府决定加强丹麦武装部队在格陵兰岛的演训活动。 此前，丹麦北极联合司令部司令索伦·安德森表示，约有100名丹麦士兵已抵达格陵兰岛的努克，另有数量相近的士兵抵达康克鲁斯瓦格。 据央视新闻，当地时间19日，北美防空司令部（NORAD）在社交媒体上表示，北美防空司令部的飞机将很快抵达位于格陵兰的美国皮图菲克太空基地。 据称，这些飞机将与从美国本土和加拿大基地起飞的航空力量一道，支持多项长期规划的北美防空司令部行动，进一步巩固美国、加拿大以及丹麦之间长 期以来的防务合作。 此次行动已与丹麦方面进行协调，所有支援部队均在获得必要外 ...

Group 1 - The Japanese stock market has continued its downward trend, marking the fourth consecutive day of decline, driven by rising domestic bond yields and escalating geopolitical tensions [1] - Japanese Prime Minister Fumio Kishida announced early elections on February 8, leading to a surge in government bond yields to historical highs, further pressuring the stock market [1] - Kishida's campaign pledge to suspend the food consumption tax has raised investor concerns regarding fiscal discipline and future government borrowing needs, which has negatively impacted bond markets and weakened stock valuations [1] Group 2 - The threat from former President Trump to impose tariffs on multiple European countries unless Washington is allowed to purchase Greenland has heightened trade tensions, adversely affecting global risk appetite and impacting the Japanese stock market [1] - Strategists warn that rising yields are becoming a significant disadvantage for the stock market, with Nomura Securities analysts indicating that increasing interest rates may drag down stock prices [1] - The tariff threats affecting European markets appear to be spreading to Asia, contributing to the negative sentiment in the Japanese market [1]

Group 1 - The geopolitical tensions surrounding Greenland have become a central concern at the World Economic Forum 2026 in Davos, potentially overshadowing the urgency for peace in Ukraine [1] - Finnish President Alexander Stubb expressed concerns that the Greenland crisis could dominate the agenda, emphasizing the need for the EU to utilize various tools to encourage the U.S. to retract threats regarding Greenland [1] - The U.S. announced a potential 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland starting February 1, escalating to 25% in June if a deal on Greenland is not reached [1] Group 2 - The geopolitical tensions have heightened market risk aversion, leading to record highs in gold and silver prices, with gold reaching $4690 per ounce and silver exceeding $94.7 per ounce [2] - Major European stock indices experienced declines, particularly in trade-sensitive sectors such as automotive and luxury goods [2] - JPMorgan downgraded its overall rating on emerging market currencies from "overweight" to "neutral," citing an "overbought" condition in short-term positions [2]

Group 1 - The global currency market is currently influenced by political agendas from the US and Japan, with the US dollar weakening due to political risks and the Japanese yen under pressure from aggressive fiscal policies [1][2] - Trump's hardline stance on the Greenland acquisition has sparked a new round of trade conflict with Europe, leading to a proposed 10% tariff on eight European countries, which could rise to 25% if negotiations fail [2] - Despite resilient US economic data, political risks are expected to weaken the dollar throughout the year, with a projected decline of approximately 9.5% in the dollar index for 2025 [2] Group 2 - The Japanese yen has not shown strength against G10 currencies, with its exchange rate dropping below 158 and approaching the critical 160 level, primarily due to domestic political factors [5] - Prime Minister Kishi's unexpected proposal to temporarily reduce the food consumption tax for two years has surprised the market, as she previously held a negative view on tax cuts [8] - Concerns over Japan's fiscal health have intensified due to the shift towards tax reduction, leading to a sell-off in Japanese government bonds (JGB), with the 10-year JGB yield rising to 2.270% [9] Group 3 - Early polls indicate that Kishi's ruling coalition may secure a majority in the upcoming elections, with 69% of respondents believing the new opposition party cannot effectively challenge the ruling alliance [12] - However, analysts caution against overinterpreting these poll results, as the electoral landscape can change rapidly [12]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 铜：国内政策预期提振，铜价震荡整理 周一晚沪铜主力企稳回升至10168元，伦铜反弹至1.3万美金下沿。 宏观中性。海外特朗普就格陵兰岛强硬态度，欧美关系僵持带来避险情绪，不过国内中国2025年经济数据维持温和增速，叠加国新办会议带来政策预期，市 场情绪有所改善。 基本面中性。昨日LME铜延续累库3850吨至14.7万吨，上期所铜仓单减少7762吨至15.26万吨。原料供应紧张延续，Mantoverde目前虽然维持正常运营，但铜 产量仅能维持常规的75%，关注罢工调节进展。2025年中国变压器出口总值达到创纪录的646亿元人民币，同比增长约36%，表明全球电网基础设施设备需 求增长。 总体来看，宏观情绪反复叠加铜偏强的基本面支撑，预计短期铜价震荡整理为主。今日沪铜主力运行区间参考10.05-10.3万元/吨。策略上，短线区间为主， 中长线逢低布局远月多单。 重要声明 本报告中的信息均来源于公开可获得资料，中信建投期货力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任自负。本报告不构 成个人投资建议，也没有考虑到个别客户特殊的投 ...

Group 1 - The core viewpoint of the article highlights the rising demand for precious metals due to increased geopolitical tensions and market risk aversion, particularly following the announcement of tariff increases by the U.S. government [1] - The main contract for gold on the Shanghai Futures Exchange rose by 1.35%, closing at 1053 yuan per gram, while the main silver contract surged by 5.88%, reaching a record high of 23565 yuan per kilogram [1] - The SC crude oil main contract fell by 0.52%, settling at 440 yuan per barrel, indicating a slight decline in oil prices amidst the broader market volatility [1] Group 2 - The domestic refined oil price adjustment window is set to open on January 20, with an estimated increase of approximately 85 yuan per ton for gasoline and diesel prices based on a 2% change in reference crude oil prices [1] - If the price adjustment is implemented, it is estimated that filling a 70-liter tank with 92-octane gasoline will cost an additional 4 yuan for consumers [1]

因特朗普总统加码推进收购格陵兰岛计划，引发市场对欧美爆发破坏性贸易战的担忧，国际黄金与白银 价格飙升至历史新高。现货黄金涨幅最高达 2.1%，逼近每盎司 4700 美元；白银涨幅最高达 4.4%。特 朗普的强硬举措令美元承压，同时提振了市场对避险资产的需求。过去 12 个月间，国际金价已累计上 涨约 70%，此番特朗普谋求吞并格陵兰岛引发的相关担忧，进一步为这一轮创纪录涨势注入新动力。 近几周来，地缘政治紧张局势升级，加之针对美联储独立性的抨击再次出现，投资者纷纷涌入黄金交易 市场。 ...

推动今日早盘暴力拉升的核心，是周末突然升级的地缘政治紧张局势。伊朗、委内瑞拉等地局势再度引 发市场对冲突扩大的担忧，全球避险资金瞬间涌向黄金。同时，特朗普就格陵兰岛问题发出新的关税威 胁，引发欧盟酝酿对近千亿欧元美国商品加征关税的反制措施。这些事件叠加，形成了推升金价的即 时"火箭筒"。 从技术上来看，日内黄金暂看日线级别区间上沿4700附近压力，下方关注5日线4620附近，跳空缺口在 4600-20区域，短期内无从去做技术预判，且当前行情对基本面依赖性也非常强，所以务必多关注基本 面消息影响。操作上则尽可能观望不参与，规避这种人为基本面因素干扰的风险。 总之，短期的交易现实已与长期愿景严重脱节。市场在情绪驱动下屡创新高，但基础并不牢固，如同在 泡沫之上舞蹈。当前最可能的情景是，市场进入一个宽幅巨震的"泡沫博弈期"，通过反复的剧烈震荡来 消化获利盘、考验多头的持筹信心，并最终通过一次深幅技术回调来为下一轮健康上涨奠定基础。 故日内操作上建议： 黄金：4655-4650一线做多，止损4640，目标看4690-4700一线，破位持有。 今日重点关注的财经数据与事件：2026年1月19日周一 待定世界经济论坛202 ...

Market Overview - The domestic commodity futures market experienced a weak trend on January 19, with significant differentiation among sectors, resulting in most varieties closing lower. The China Securities Commodity Futures Price Index closed at 1676.70 points, up 3.14 points or 0.19% from the previous trading day, while the China Securities Commodity Futures Index closed at 2312.12 points, up 3.89 points or 0.17% [1]. Precious Metals - The precious metals sector was notably active, with international gold and silver prices reaching historical highs, which boosted domestic gold and silver futures. Shanghai gold hit a new historical high, while Shanghai silver rose nearly 3% by the end of the day [1][3]. Chemical Sector - In the chemical sector, pure benzene and styrene showed strong performance, closing up 3.48% and 1.84% respectively, leading the chemical sector. The strong performance of styrene is attributed to multiple maintenance shutdowns and export factors, which have increased its profitability [4]. Industrial Metals - The industrial metals sector faced widespread pressure, with Shanghai tin leading the decline, falling 5.98% after a significant drop of over 6% the previous Friday. The market sentiment cooled rapidly, leading to a correction in tin prices after reaching historical highs [5]. Other major industrial metals, including copper, aluminum, and zinc, also saw declines ranging from 0.39% to 2.33% [5]. Agricultural Products - The agricultural products sector, particularly rapeseed meal and oil, experienced significant declines, with rapeseed meal dropping 2.37% and rapeseed oil falling 1.50%. Concerns over potential increases in supply due to improved Sino-Canadian relations contributed to this downturn [6]. The overall weak supply-demand dynamics are expected to keep rapeseed meal prices under pressure [6].