香港联交所最新资料显示，10月9日，力盟科技(02405)股东将股票存入香港上海汇丰银行，存仓市值 4.44亿港元，占比46.25%。 力盟科技公布2025年中期业绩，集团收入325万美元，同比减少55.89%；税后亏损375.8万美元，同比盈 转亏；每股亏损0.47美仙。公告称，收入减少主要归因于全球经济波动及地缘政治不确定性等复杂因素 导致集团客户的数字广告预算大幅减少。 ...

力盟科技公布2025年中期业绩，集团收入325万美元，同比减少55.89%；税后亏损375.8万美元，同比盈 转亏；每股亏损0.47美仙。公告称，收入减少主要归因于全球经济波动及地缘政治不确定性等复杂因素 导致集团客户的数字广告预算大幅减少。 智通财经APP获悉，香港联交所最新资料显示，10月9日，力盟科技(02405)股东将股票存入香港上海汇 丰银行，存仓市值4.44亿港元，占比46.25%。 ...

Q&A 国庆假期海外市场三件事 20251007 摘要 黄金价格突破 3,900 美元，白银创 14 年新高，反映了市场对避险资产 的需求增加，以及对潜在经济风险的担忧，可能预示着投资者风险偏好 的降低。 美国政府停摆可能导致 CPI 数据延迟发布，使美联储在 10 月 FOMC 会 议前缺乏数据支持，或迫使其在信息不足的情况下做出降息决策，增加 政策不确定性。 Revenal lab 测算非农初值高于市场预期，但 ADP 数据表现疲软，未来 非农数据修正情况值得关注，可能影响市场对美国劳动力市场健康状况 的评估。 特朗普政府可能借停摆进一步裁员，加剧劳动力市场压力，并可能引发 对美元信用的担忧，但历史数据显示政府停摆对 GDP 的实际影响可能有 限。 Polly Market 预测美国政府关门持续至 10 月 15 日的概率较高，两党 僵持可能强化经济下行风险，并加剧对美元信用的担忧，增加市场避险 情绪。 高市早苗当选日本自民党总裁，其"早苗经济学"延续安倍经济学，主 张宽财政、宽货币和结构改革，可能导致日元贬值和日本长债利率上升。 高市早苗的政策可能增加地缘政治不确定性，并增强全球债务不可持续 性，各国央 ...

新浪合作大平台期货开户 安全快捷有保障 责任编辑：赵思远 国际金价10月8日强势突破4000美元/盎司心理关口，创下历史新高。第一财经记者实地走访深圳水贝黄 金市场发现，金价攀升直接拉动消费端热情，深圳水贝一门店国庆客流涨四成 ，环比增幅达 30%-50%。有消费者对记者表示，对未能在金价低位时加大配置感到后悔。市场分析认为，本轮金价上 涨主要受多地地缘政治不确定性加剧推动。 ...

Group 1: Gold Market Analysis - The current market has high expectations for interest rate cuts, and hawkish comments from officials could strengthen the dollar, negatively impacting gold prices [1] - Gold prices have continued to rise, recently surpassing the psychological level of $3,800 per ounce, reaching a high of $3,834, supported by U.S. inflation data aligning with market expectations [1] - The low interest rate environment reduces the opportunity cost of holding non-yielding assets like gold, providing strong support for gold prices amid ongoing geopolitical uncertainties and risks of U.S. government shutdown [1] Group 2: Technical Analysis of Gold - Gold prices are currently operating within an ascending channel, approaching the upper boundary, and traders should monitor reactions at this level [3] - Short-term support levels are identified at $3,805-$3,792, with significant support around $3,757-$3,760, while short-term resistance is noted at $3,850-$3,860 [3] - A bullish stance is maintained as long as prices do not break below $3,805, with a focus on buying on dips [3] Group 3: Gold Indicators - The Relative Strength Index (RSI) is at 75.90, indicating an overbought condition, yet the bullish trend remains intact [4] - The MACD suggests further upward movement for gold prices, and traders with low leverage are advised to hold positions as long as the price remains above the 5-day moving average [4] - Today's trading strategy for gold emphasizes buying on dips and selling on rebounds, with key resistance at $3,850-$3,860 and support at $3,805-$3,795 [4] Group 4: Silver Market Analysis - International and domestic silver prices have reached new annual and historical highs, indicating a strong bull market for silver [6] - Silver has shown consistent daily gains, with short-term moving averages in a bullish arrangement, and prices have surpassed the $46 mark [6] - The RSI indicates a slight overbought condition, but no immediate reversal signals are present, suggesting a continued strong outlook for silver [6] Group 5: Technical Analysis of Silver - The trading strategy for silver focuses on buying on pullbacks and selling on rebounds, with resistance levels at $46.7-$46.5 and support levels at $47.3-$47.5 [6] - Recommendations include entering long positions at $46.7-$46.5 with a stop loss at $46.3 and a target of $47.2-$47.5 [6]

周一（9月29日）亚洲盘中交易时段，黄金价格延续涨势，首次突破每盎司3800美元心理关口，最高触及3814.95美元/盎司，涨幅约1.43%。行情的连续上 涨，自己写的文章分析都跟不上市场投资布局的行情，原本想高位做空，但是目前市场连创新高后继续强势拉升，还是谨慎追涨或者等待上涨情绪结束后回 落支撑位多单布局方案为主，目前此番上行得益于美国最新通胀数据符合市场预期，巩固了投资者对美联储将在年内继续降息的判断，美元指数持续走软。 月度PCE数据符合预期，尽管个人收入和支出数据比预期高出0.1个百分点。这些数据不会阻止美联储在10月会议上继续谨慎降息。"市场目前预计10月降息 的可能性接近88%，12月再次降息的可能性为65%。美元指数因此走软，上周五下跌约0.28%，周一亚市延续跌势，一度下跌0.29%至97.88。 美国总统唐纳德·特朗普将于周一在白宫会见国会四大领袖，因为政府可能面临停摆的最后期限即将来临。如果没有拨款立法，政府部分部门将在周三（美 国政府2026财年第一天）关闭。黄金价格当日表现积极。从长期来看，贵金属的看涨基调依然稳固，价格保持在关键的100日指数移动平均线（EMA）上 方。然而，14日 ...

Core Viewpoint - The gold market continues to show a bullish trend, supported by expectations of interest rate cuts and ongoing geopolitical uncertainties, despite facing some resistance near target levels [1][3]. Market Performance - International gold prices opened at $3686.98 per ounce, reached a weekly low of $3683.62, and then rebounded to a new historical high of $3790.68 before closing at $3762.45, marking a weekly increase of $75.47 or 2.05% [1][3]. - The weekly price fluctuation was $107.06, indicating significant volatility in the market [1]. Influencing Factors - A strong expectation of a 90% chance for the Federal Reserve to cut rates in October weakened the dollar's appeal, driving funds into the gold market [3]. - Geopolitical uncertainties and a recent agreement between the EU and the US on tariffs contributed to a decrease in market risk appetite, impacting gold prices [3]. - Positive economic indicators, such as a drop in initial jobless claims and an upward revision of Q2 GDP, led to a rebound in the dollar index, which pressured gold prices [3]. Future Outlook - The market is expected to focus on upcoming economic data, including the US August pending home sales index and the Dallas Fed business activity index, which are anticipated to be bearish for gold prices [5]. - Despite short-term adjustments, the overall bullish trend for gold remains intact, with expectations of further price increases if resistance levels are broken [6][8]. - The long-term outlook suggests a potential target of $4200 per ounce, driven by continued central bank gold purchases and geopolitical uncertainties [5][6].

Group 1 - The article discusses the recent surge in gold prices, which have reached a historical high of $3,790.82 per ounce, driven by various factors including geopolitical uncertainty, monetary policy changes, and increased demand from central banks [1][2] - Geopolitical uncertainty has led to a rise in safe-haven demand for gold, as investors seek to protect their wealth during times of political and economic turmoil [1] - Expectations of interest rate cuts by the Federal Reserve have made gold more attractive, as lower interest rates decrease the returns on fixed-income products, prompting investors to shift towards gold [1][2] Group 2 - Central banks around the world have been increasing their gold reserves, further driving up demand and prices, as countries aim to hedge against dollar fluctuations and inflation risks [1][2] - A weaker US dollar has also contributed to the rise in gold prices, as it lowers the cost of gold for buyers using other currencies, especially in light of recent data indicating a sluggish US economy [2] - Despite the current high prices, economists predict a potential short-term correction, but Deutsche Bank forecasts that gold prices could reach $4,000 per ounce by 2026 if macroeconomic conditions remain unchanged [2]

Core Insights - Gold prices have recently reached new highs, with significant inflows into ETFs, but the potential for volatility remains a key factor that could amplify price movements [1][3][12] Gold Price Trends - Gold rallied to an all-time high of over $1,900 per ounce in 2020, followed by a three-year period of sideways movement before breaking out again [1][4] - The current breakout shows a steep trend, with gold prices up approximately 250% from the 2016 lows, but still below the 650% increase seen earlier in the century [5][6] Central Bank Influence - Central banks have been the largest buyers of gold over the past decade, with countries like China and Russia leading the trend of dollarization [6] - A pause or sell-off by central banks could pose a significant challenge to gold prices [7] Economic Factors - A weaker dollar and lower government treasury yields generally support gold prices, with current conditions indicating potential dollar weakness [7][10] - The Federal Reserve's interest rate cuts are typically bullish for gold, while elevated long-term rates may lead some investors to shift from gold to bonds [8][10] Volatility and Market Dynamics - Gold volatility, represented by the GVZ index, is currently low, but an increase in volatility alongside rising gold prices could create a bullish feedback loop [9][10] - Monitoring gold flows and GVZ is essential, as extreme conditions may signal potential price pullbacks [10] Geopolitical and Inflation Factors - Gold serves as a hedge against inflation and geopolitical uncertainty, both of which can drive prices higher [8][11] - Monthly inflation reports and geopolitical developments are critical for short-term trading strategies in the gold market [11]

股指早报 外围地缘政治不确定性上升，股指维持震荡整固 2025 年 9 月 24 日 股指期货早报 2025.9.24 报告摘要： 海外方面，美 9 月标普全球制造业 PMI 初值录得 52，符合预期 但低于前值 53；9 月标普全球服务业 PMI 录得 53.9，低于预期 54 和 前值 54.5；美 9 月里奇蒙德联储制造业指数录得-17，大幅低于预期 -5 和前值-7。数据指向美经济边际回落但保持韧性。另外美联储主 席鲍威尔演讲表示对美经济放缓，失业率上升，通胀回升保持忧虑， 为应对经济变化，美联储在最近的会议上将联邦基金利率下调 25BP， 但鲍威尔并未承诺在下次议息会议上继续降息，表示其利率立场"依 然适度限制"。同时在回答问题时，鲍威尔表示股市价格目前相对偏 高。左右摇摆且不明确的后续货币政策路径削弱了近期降息逻辑。另 外美地缘政治方面策略有所改变，美国总统特朗普首次表态称乌克兰 有望收复全部领土，并鼓励盟国在俄罗斯军机闯入北约领空时将其击 落。这指向后续地缘政治不确定性增加。隔夜资产走势来看，美元指 数收跌，美债收益率 2 年 10 年期回落，黄金创新高，美三大股指齐 下跌，VIX 波动率上升， ...