【美联储古尔斯比：利率可以下调 但不想在通胀缓解之前就提前大幅降息】智通财经2月27日电，美联 储古尔斯比表示，利率可以下调，但不想在通胀缓解之前就提前大幅降息。 ...

Yeah, we see the numbers and it is a considerable increase, even though the prior month and the Conference Board number was revised up to 89. The jump to 91.2% is significant and we see it also in the present situation, which is 120. Now that actually comes down from a revised number of one 21.8%, but last month it was one 13.7%.So perhaps Americans are changing their minds a lot. Expectations go up to 72 from 67.2%, and this would be reasonably good news, although as you mentioned, I just finished talking ...

The data would have to change a lot for Bangko Sentral ng Pilipinas to consider another cut, Eli Remolona says. ...

来源：金融界AI电报 英国失业率升至近五年来的最高水平，工资增长也有所放缓，因为劳动力市场持续走弱，这可能意味着 在春季时央行会下调利率。英国国家统计局周二表示，去年第四季度失业率升至5.2%，高于经济学家 此前预测。英国央行所青睐的私营部门工资增长指标也降至3.4%，为五年多来的最低水平。综合来 看，这些数据很可能会让英国央行的决策者们感到安心，因为劳动力市场的通胀压力正在迅速缓解，足 以促使他们再次降低利率。 ...

// 债市综述 // 1. 公开市场操作 央行公告称，2月5日以固定利率、数量招标方式开展了1185亿元7天期逆回购操作，操作利率1.40%，投标量1185亿元，中标量1185亿元。同时，以固定数 量、利率招标、多重价位中标方式开展了3000亿元14天期逆回购操作。Wind数据显示，当日3540亿元逆回购到期，据此计算，单日净投放645亿元。 （注：若不计算14天期逆回购操作，则单日净回笼2355亿元） （*数据来源：Wind-央行动态PBOC） 2. 资金面 银行间市场资金面仍稳中偏松，DR001加权平均利率继续停留于1.32%附近。匿名点击（X-repo）系统上，隔夜报价在1.3%供给充足；非银机构以信用债 为抵押融入隔夜，报价在1.5%或略低。 海外方面，最新美国隔夜融资担保利率为3.69%。 （IMM） （*数据来源：Wind-国际货币资金情绪指数、资金综合屏） 3. 同业存单 全国和主要股份制银行一年期同业存单最新成交在1.60%附近，较上日小幅下行。 （*数据来源：Wind-同业存单-发行结果） 4. 银行间主要利率债收益率普遍下行 （*数据来源：Wind-成交统计BMW） 1、美国总统特朗普再对 ...

今日周四(2月5日)亚盘时段，COMEX白银目前交投于79.89一线下方，今日开盘于87.64美元/盎司，截 至发稿，comex白银暂报77.92美元/盎司，下跌11.21%，最高触及89.83美元/盎司，最低下探77.01美元/ 盎司，目前来看，comex白银盘内短线偏向看跌走势。 【要闻速递】 美国总统特朗普周三表示，若他提名的美联储主席人选曾表达加息意愿，便不会获得该职位任命。 特朗普表示，美联储理论上是一个独立机构，但他同时暗示美联储应遵循他的指引，因为他认为自己对 经济的了解比几乎任何人还要深入。 在接受NBC采访时，特朗普认为利率很快就会下调这一点几乎没有疑问。 当被追问何以如此确信时，他表示，"我只是觉得利率会降。我的意思是，它们本来就该更低。""我们 的利率太高了，明白吗？"特朗普说，"我们的利息负担太重了。现在有我——我一直都很擅长处理钱的 事——再加上源源不断的资金流入我们国家，我们又成为一个富裕国家了。我们确实有债务，但我们也 有增长，增长很快会让债务显得微不足道。" 【最新comex白银行情解析】 3月白银期货的日线图上可能出现看跌形态。下一上涨目标是在100.00美元这一重要技术阻力 ...

记者丨曾静娇 周蕊 编辑丨江佩霞 2月5日上午，黄金白银盘中跳水，截至北京时间10:20左右， 现货白银失守83美元/盎司，日内 重挫逾7%； 现货黄金跌近1.2%， 现报4909.67美元/盎司， 日内最低跌至4893美元， 早盘 一 度重上5000美元 。 A股跌幅扩大，钧达股份跌停，光伏股全线下跌 日韩科技电子股大跌，软银跌4%，SK海力士跌近5% 21君荐读 据新华财经报道，特朗普在一场采访中表示， 他毫无怀疑利率 "很快就会下调"。 当被追问为 何如此笃定，他回答道："我只是觉得利率会下调。我的意思是，利率本就应该更低。" 另据央视新闻报道， 伊朗和美国4日分别证实，定于6日在阿曼首都马斯喀特举行核问题谈 判。此前，美国政府一度正式告知伊朗，拒绝伊方3日提出的更改会谈地点与形式的要求。伊 朗指责美方泄露取消谈判的消息表明其缺乏诚意。而为避免美伊谈判破裂，中东地区至少有九 个国家通过最高级别渠道联系白宫，强烈敦促美国不要取消会谈。 纽约商品交易所委员会主席威廉·普普拉分析指出， 白银波动被放大，主要是投机资金主导。 白银很容易吸引短线资金，尤其是在行情后段。当这些资金开始撤离时，价格波动往往非常剧 烈 ...

Report Industry Investment Rating - Not provided in the content Core View - Not provided in the content Summary by Relevant Categories Futures Market - The closing prices of Shanghai Gold 2606 and 2604 were 1145.04 and 1141.70 respectively, up 4.39% and 4.38% from the previous day. The closing prices of Shanghai Silver 2606 and 2604 were 22937 and 23511 respectively, up 10.16% and 9.63% from the previous day [2]. - The trading volume of Shanghai Gold 2606 was 94943, and the position was 83522. The trading volume of Shanghai Gold 2604 was 462718, and the position was 178544. The trading volume of Shanghai Silver 2606 was 448333, and the position was 144377. The trading volume of Shanghai Silver 2604 was 943213, and the position was 237208 [2]. Spot Market - The closing price of Shanghai Gold T+D was 1140.03, up 3.99% from the previous day. The closing price of London Gold was 4964.20 dollars per troy ounce, up 0.46% from the previous day. The closing price of Shanghai Silver T+D was 23560, up 9.07% from the previous day. The closing price of London Silver was 88.69 dollars per troy ounce, up 3.83% from the previous day [2]. Inventory - The inventory of gold in the Shanghai Futures Exchange remained unchanged at 103,032 kilograms. The inventory of silver decreased by 26412 kilograms to 423,241 kilograms. The inventory of gold in COMEX decreased by 64302 troy ounces to 35,691,231 troy ounces. The inventory of silver in COMEX decreased by 3066617 troy ounces to 400,790,911 troy ounces [2]. Related Data - The US dollar index was 97.63, up 0.26 from the previous day. The S&P 500 index was 6882.72, down 35.09 from the previous day. The yield of 10-year US Treasury bonds was 4.29%, up 0.01% from the previous day. The Brent crude oil price was 68.71 dollars per barrel, up 0.89 dollars from the previous day. The US dollar to RMB exchange rate was 6.9376, up 0.0014 from the previous day [2]. Derivatives - The position of SPDR Gold ETF decreased by 1 ton to 1,082 tons. The position of SLV Silver ETF decreased by 68 tons to 16,370 tons. The net position of CFTC speculators in gold decreased by 39374 to 205,396. The net position of CFTC speculators in silver decreased by 1511 to 23,703 [2]. Macroeconomic News - Trump said he would not appoint a Fed chair nominee who advocates raising interest rates, and he believes interest rates will be cut soon [3]. - The nuclear negotiation between Iran and the US is scheduled to be held in Muscat on Friday morning local time (2 pm Beijing time on the 6th), and the oil price has given back half of its previous gains due to the fluctuating news [3]. - The Trump administration agreed to cooperate with Japan, Mexico and the EU to develop key minerals for industries such as defense, aiming to reach relevant agreements within 30 or 60 days [4].

米兰上周对美联储维持利率不变的决定投下反对票，主张降息25个基点。2025年年底，美联储多次实施 每次25个基点的降息时，米兰也持异议，主张推行幅度更大的50个基点的降息。 "当我观察基本通胀时，我并没有看到经济里存在很多非常强的价格压力，"米兰说。"我也看不到那种 需要货币政策作出反应的、很明显的供需失衡。因此我认为，我们把利率维持得过高了，这主要是因为 我们衡量通胀方式的一些技术性因素，而不是实际价格压力本身。"编辑/宋祉奇 米兰2月2日在福克斯商业频道表示："我很可能希望看到，全年累计降息略高于1个百分点。" 来源：商业周刊 美联储理事斯蒂芬·米兰表示，经济中并不存在强劲的价格压力，意味着他所称的仍处于"限制性"的利 率水平需要在今年再次下调。 ...

Core Thesis - Core & Main, Inc. (CNM) is positioned to benefit from increased public-sector infrastructure spending, especially with expectations of lower interest rates stimulating municipal projects [2][3][4] Company Overview - Core & Main is a leading distributor of essential infrastructure products such as pipes, valves, meters, and fittings, serving municipalities, contractors, and select water utilities [2] - As of January 29th, CNM's share price was $54.19, with trailing and forward P/E ratios of 24.21 and 21.83 respectively [1] Investment Catalysts - The investment from Congressman Michael McCaul's household, amounting to $250,000–$500,000, has drawn attention to CNM's fundamentals and potential growth [2] - Expectations of the Federal Reserve cutting interest rates are anticipated to lower financing costs, thereby increasing demand for CNM's products [3] - The company's business model is closely tied to public-sector infrastructure spending, which is expected to expand as borrowing costs decrease [2][3] Financial Performance - Core & Main has demonstrated steady mid-single-digit growth and generates approximately $600 million in free cash flow, showcasing high cash conversion compared to peers [3] - The company maintains a resilient core business even amid rate headwinds, with easing financial conditions likely to enhance performance further [4] Valuation Outlook - A 2–3 year price target of around $85 suggests significant upside potential as infrastructure spending cycles strengthen [4]