特朗普：劳工统计数据非常政治化。如果欧盟不履行义务，将对欧盟征收35%的关税。下周内宣布药品关税。 ...

【机构分析】 汇丰银行指出，预计泰国央行将在下周下调政策利率，这一决定基于此前会议纪要中透露的降息意向。 此次降息主要取决于合适的时机选择以及全球贸易政策的进一步明晰化。泰国对美国出口商品被征收 19%的关税，略高于泰国央行先前预测的18%，但与印尼、马来西亚和菲律宾相同，且低于越南的 20%。因此，在对美出口方面，东南亚新兴市场国家间并不存在显著的竞争优势或劣势。 三菱日联金融集团表示，鉴于日本通胀前景持续升温，建议日本央行在即将召开的下一次政策会议上慎 重考虑加息事宜。预计日本央行在9月或10月进行加息的可能性较高，且明确指出在这两个月份采取加 息措施均为"适宜之举"。尽管日本央行面临加息的压力，若未来几个月的经济数据呈现疲软态势，央行 行长植田和男及其政策委员会可能会选择维持当前政策，将加息时间推迟至明年3月前后。 德国商业银行分析师表示，若瑞士与美国能在本周四的最后期限前达成贸易协议，瑞士法郎预计将出现 小幅回升。目前，若未能达成协议，瑞士出口至美国的商品将面临高达39%的关税，对瑞士经济构成重 大压力。为避免关税冲击，瑞士官员可能会"大幅提升对美方的报价"，尽管最终协议的成本将远高于最 初预期，但双 ...

Core Viewpoint - President Trump will participate in a live interview on CNBC's "Squawk Box" to discuss key economic issues, which may lead to market volatility [1] Group 1 - The interview is scheduled for 20:00 Beijing time [1] - Topics of discussion will include the economy, employment, the Federal Reserve, and tariffs [1]

新能源及有色金属日报 | 2025-08-05 持货商存在挺价情绪 铜价维持震荡格局 市场要闻与重要数据 期货行情： 2025-08-04，沪铜主力合约开于 78380元/吨，收于 78330元/吨，较前一交易日收盘-0.09%，昨日夜盘沪铜主力合 约开于 73,810元/吨，收于 74,060 元/吨，较昨日午后收盘上涨0.47%。 现货情况： 矿端方面，外电8月2日消息，Koryx Copper公司已完成此前宣布的包销公开发行，此次共发行1905万股普通股，每 股价格1.05加元，为公司带来总计2000万加元的总募集资金。这其中包括承销商全额行使超额配售权所对应的股份。 该公司同时完成了一项非经纪私募配售，以相同发行价额外发行476万股普通股，总募集资金约500万加元。公司 计划将此次公开发行和私募配售的净收益用于推进其位于纳米比亚的Haib铜矿项目的技术研究，继续该矿区的勘 探工作，同时也将部分资金用于营运资本及一般企业用途。 冶炼及进口方面，卡莫阿–卡库拉50万吨/年的高技术一步炼铜冶炼厂将于2025年9月初点火烘炉。冶炼厂最低可以 按50%产能运行，相当于约25万吨铜的年化产量。公司预计，矿山现场的 ...

据"绵阳网警"8月5日消息，7月22日，江油市发生一未成年人在校外被辱骂、殴打警情，警方已依法对违法人员作出了治安处罚，并按程序对其中两名违法人 员开展送专门学校矫治教育的工作。 其间，网上出现"江油市公安局副局长的女儿打的人""施暴者父亲为律师""施暴者亲妈是江油市一级警督"等信息。经核实，3名违法人员的父母分别有2人无 业、2人在省外务工、1人为本地售货员、1人为本地外卖员，所传违法人员父母职业身份信息为谣言。 经查，2025年8月4日，网民丁某（女，41岁）、杨某琳（女，27岁）看到网传施暴视频后，为博眼球编造谣言发于微信群和社交平台，引发公开传播扩散， 严重扰乱公共秩序，造成恶劣社会影响。 目前，丁某、杨某琳已被公安机关依法行政处罚。 辟谣。 江阳木成牛朝凌 他泰有多八位,秋早到荷达云多八个 到20分钟出来 据说施暴家长急汇油市公安局副局长 (待核实)被施暴女子父母是聋哑人和残疾人视频可 草解 事情 见正在跪求江油书记解决问 clu 教育不解民情 下定 L # 1 台前 # 周岁犯罪 在演十 BE AN HE 【中华人民实和国际资】 第十三条规定 已满十六周岁的人犯罪,应当负刑事责 任。 已演十四周岁 ...

Summary of Key Points from Conference Call Records Industry Overview - The conference call discusses the impact of tariffs and trade agreements on various Asian economies, particularly focusing on South Korea and India, as well as the implications for the cross-border payment industry and stablecoin developments in Hong Kong. Key Points on Tariffs and Trade Agreements - Asian exporters have shifted some tariff costs to U.S. consumers, with China's tariffs reaching 30% and overall tariffs in the region expected to average 24% this year, up from 5% at the beginning of the year [1][3] - The U.S. will bear approximately $450 billion in tariff changes, while Asia will face a burden of about $260 billion due to these tariffs [3] - South Korea's trade agreement with the U.S. has reduced automotive tariffs from 25% to 15%, and South Korea has committed to invest $100 billion in various sectors, including semiconductors [5][6] - The trade agreement has alleviated some economic uncertainties for South Korea, leading to a growth forecast that is 1.1% above consensus for 2025, driven by fiscal stimulus and moderate domestic consumption [6][7] Impact on Specific Industries - The U.S. has imposed a 25% tariff on Indian exports, which has a limited direct impact on India's GDP (approximately 2%), but the indirect effects due to global economic slowdown are concerning [8][10] - Key sectors in India that are sensitive to U.S. tariffs include electronics, textiles, and pharmaceuticals, with textiles having a 40% share of the U.S. export market [9][10] - The Gift Nifty index is expected to be impacted by around 70 basis points due to the tariff changes, with agricultural tariffs being a significant negotiation point [11] Developments in Stablecoins and Cross-Border Payments - Hong Kong is positioning itself as a testing ground for stablecoins, with the Financial Authority planning to ban cryptocurrency trading while exploring stable digital currencies [13][14] - The acceptance of stablecoins in e-commerce will take time due to the maturity of existing cross-border payment tools like Visa and PayPal, and regulatory uncertainties may increase risks [15] - Stablecoin issuers and fintech companies are expected to be the primary beneficiaries of this emerging market, although traditional banking may also be affected [17] Regulatory and Market Considerations - The Hong Kong Monetary Authority will begin accepting applications for stablecoin issuance, with a limited number of licenses expected to be granted initially [14] - The development of stablecoins linked to the Hong Kong dollar may be easier due to its peg to the U.S. dollar, while the growth of RMB-linked stablecoins may be slower due to the smaller offshore RMB pool [16] - The transition to new payment systems will require significant capital investment and time to gain market acceptance, as evidenced by challenges faced in domestic payment systems in China [19] Conclusion - The overall economic outlook for South Korea appears cautiously optimistic due to the trade agreement with the U.S., while India faces challenges from tariff increases. The stablecoin market in Hong Kong is poised for growth, but acceptance in e-commerce will require time and investment.

Group 1: Report Industry Investment Ratings - No report industry investment ratings are provided in the given content. Group 2: Report Core Views - Due to weak US employment data and strong Fed rate - cut signals, market risk appetite increases, the dollar index drops, and precious metals oscillate and stabilize. Silver is bullish in oscillation [1]. - The US - India tariff negotiation continues, the dollar index weakens, which is positive for gold. However, the probability of gold exceeding the previous high is low, and it will be in a mid - term high - level oscillation with a slightly bearish trend [3]. - The coke market is still in a state of tight supply and demand after five rounds of price hikes. It is expected to oscillate in the short - term [1]. - The money market is loose, which is positive for short - term bonds, but the stock market rebounds, which is negative for the bond market. The stock - bond seesaw logic remains the main logic [3]. - The steel market returns to fundamentals. Due to high - temperature and rainy weather, demand is weak. Steel mills have good profits, and inventory reduction is under pressure. Steel prices may adjust narrowly in the short - term [4]. - Iron ore supply and demand are stable, which strongly supports the price. It is expected to be strong in short - term oscillation [4]. - The pig market has a strong supply and weak demand. Prices are expected to decline more than rise in the short - term [5]. - The palm oil market has a weak fundamental, but there is little room for a sharp downward movement in the short - term. It is recommended to wait and see [5]. - The rapeseed meal price will stabilize after a decline and continue to oscillate. Attention should be paid to China - Canada trade policies [6]. - The short - fiber market has a weak fundamental, and demand is in the off - season. It is expected to oscillate weakly [6]. - OPEC+ maintains a production - increase stance, but the production increase is far from the target. The short - term trend is weak [7]. - The overall supply and demand of rubber are expected to be tight throughout the year. It will oscillate at a low level in the short - term [8]. - The methanol market is expected to oscillate in the short - term. It is recommended to wait and see or short - sell on rebounds [9][10]. - The soda ash market is expected to oscillate in the short - term. It is recommended to wait and see or short - sell on rebounds [10]. - The LLDPE market is expected to oscillate in the short - term. It is recommended to wait and see [11]. Group 3: Summaries by Product Precious Metals - **Silver**: US employment data is weak, Fed officials signal rate cuts, the dollar index drops, and silver is bullish in oscillation [1]. - **Gold**: US - India tariff negotiation affects the dollar index, and gold is in mid - term high - level oscillation with a slightly bearish trend [3]. Energy - **Crude Oil**: OPEC+ maintains production increase, but the actual increase is far from the target. The short - term trend is weak [7]. Industrial Metals - **Coke**: After five rounds of price hikes, the market is in tight supply - demand, and it will oscillate in the short - term [1]. - **Iron Ore**: Supply and demand are stable, and it is expected to be strong in short - term oscillation [4]. - **Steel**: The market returns to fundamentals, demand is weak, and prices may adjust narrowly in the short - term [4]. Agricultural Products - **Pig**: Supply is strong and demand is weak, and prices are expected to decline more than rise in the short - term [5]. - **Palm Oil**: The fundamental is weak, and there is little short - term downward space. It is recommended to wait and see [5]. - **Rapeseed Meal**: The price will stabilize after a decline and continue to oscillate. Attention should be paid to China - Canada trade policies [6]. Chemicals - **Methanol**: The market is expected to oscillate in the short - term. It is recommended to wait and see or short - sell on rebounds [9][10]. - **Soda Ash**: The market is expected to oscillate in the short - term. It is recommended to wait and see or short - sell on rebounds [10]. - **LLDPE**: The market is expected to oscillate in the short - term. It is recommended to wait and see [11]. Others - **Short - term Treasury Bonds**: The money market is loose, which is positive for short - term bonds, but the stock market rebounds, which is negative for the bond market. The stock - bond seesaw logic remains the main logic [3]. - **Rubber**: The overall supply and demand are expected to be tight throughout the year. It will oscillate at a low level in the short - term [8]. - **Short - fiber**: The fundamental is weak, and demand is in the off - season. It is expected to oscillate weakly [6].

Group 1 - The interview with President Trump on CNBC's "Squawk Box" will cover topics such as the economy, employment, the Federal Reserve, and tariffs [1]

上周，面对特朗普政府不断要求降息的压力，美联储再次决定维持利率不变。与此同时，特朗普也签署行政命令，对进口 自多个国家和地区的商品额外征收10%到41%不等的关税，加之美国部分经济及就业数据不佳，以上因素打压市场风险偏 好，美国三大股指上周累计下跌。其中，道指下跌2.92%，标普500指数下跌2.36%，纳指下跌2.17%。 上周国际油价上涨 原油期货方面，上周，美国总统特朗普对俄罗斯发出制裁的警告，引发市场对部分石油贸易可能受影响的担忧。与此同 时，美欧达成贸易协议也提振燃料需求预期，推高国际油价。 纽约油价上周累计上涨3.33%，布伦特油价累计上涨 1.80%。 上周国际金价累计上涨近2% 贵金属期货方面，全球贸易局势仍面临很大不确定性，叠加地缘局势骤然紧张，市场避险情绪高涨， 推动国际金价在上 周累计上涨1.92%。 美国新一轮关税措施本周生效 美国实际关税水平将升至1933年以来最高水平 本周，投资者较为关注的仍然是关税方面的消息。当地时间7日，也就是本周四，美国对部分贸易伙伴重新设定的所谓"对 等关税"税率将生效，给全球贸易局势带来了新的不确定性。惠誉评级的最新报告显示，新关税将使美国实际关税税率升 ...

Group 1 - The European Union (EU) will suspend two countermeasures against U.S. tariffs for six months as part of an agreement reached with the U.S. [1] - The agreement, reached on July 27, 2025, aims to provide "stability and predictability" for citizens and businesses on both sides of the Atlantic [1] - The EU will delay the implementation of countermeasures originally set to take effect on August 7, 2025, to support the agreement's progress [1] Group 2 - The trade agreement includes a 15% tariff on EU goods entering the U.S. and a commitment from the EU to increase investments in the U.S. by $600 billion [4] - The EU is expected to purchase $7.5 billion worth of U.S. energy products and military equipment as part of the agreement [4] - The agreement has faced significant criticism from various European stakeholders, who view it as a concession to U.S. pressure and detrimental to European interests [4]