Market Overview - The equity market has shown a strong upward trend, achieving a weekly three consecutive gains[1] - A-shares continued to rise, with the Shanghai Composite Index successfully surpassing 3500 points, boosting investor confidence[2] - The bond market experienced a downward trend, pressured by the strong performance of the equity market[3] Equity Market Insights - Financial sectors, including banks, securities, and real estate, have taken the lead in driving market growth, especially as the technology sector faced short-term setbacks[2] - The current market environment is characterized by uncertainty due to global trade tensions, particularly with the U.S. threatening to impose tariffs[2] - Short-term strategies suggest maintaining a balanced approach, holding both technology and financial sectors while considering service-oriented consumption[14] Bond Market Analysis - The bond market has shown a flat performance with an overall decline, influenced by the strong equity market which has limited upward potential for bonds[3] - Despite the short-term fluctuations, the overall liquidity remains loose, benefiting short-term bonds[5] Commodity Market Overview - Major commodities like oil and gold have shown lackluster performance, with the market remaining in a low-level oscillation phase[6] - The geopolitical situation and abundant oil supply continue to impact the global oil market negatively, while gold remains stable due to a weakening dollar[6] Investment Recommendations - For the equity market, it is recommended to focus on the financial sector for short-term gains while keeping an eye on the dual innovation sectors for long-term growth[14] - In the commodity market, maintaining a position in gold is advised for the short term, with a watchful eye on market developments for the long term[40]