Group 1: Report Industry Investment Ratings - No specific industry investment ratings are provided in the report [2] Group 2: Core Views of the Report - The index has broken through the upper edge of the short - term shock range and the central position continues to move up during the new round of US trade policy negotiation window, but caution is needed when testing key positions. For the stock index, unilateral strategy suggests range operation and appropriate multi - allocation on dips [2] - The central bank's increase in open - market investment has improved the bond market sentiment, and the future situation of the tax - period capital and government bond supply needs to be observed. Curve strategy can appropriately bet on steepening [2] - There is more long - short game in the short - term gold market with support at the 60 - day moving average. Buying on dips is recommended for gold and silver, and there may be a phased pulse - type rise in silver [2] - The container shipping index is expected to oscillate strongly. For the EC2508 contract, unilateral operation is recommended to wait and see, and multi - material and short - raw material arbitrage can be considered [2] - Industrial material demand and inventory are deteriorating, and the decline in apparent demand should be noted. For steel, iron ore, coking coal, and coke, buying on dips is recommended [2] - For copper, attention should be paid to the Sino - US tariff negotiation rhythm. The aluminum market has a strong expectation of off - season inventory accumulation. For non - ferrous metals, different trading strategies are given according to different varieties [2] - The short - term oil price has rebounded due to geopolitical risks. For different energy and chemical products, various trading strategies such as waiting and seeing, range operation, and buying on dips are recommended according to their fundamentals [2] - For agricultural products, different trading strategies such as short - term long, short - term wait - and - see, and short - selling on rebounds are recommended according to different varieties [2] - For special commodities and new energy products, trading strategies such as waiting and seeing, buying on dips, and short - selling on rallies are recommended according to different varieties [2] Group 3: Summaries by Related Categories Financial Sector - **Stock Index**: The index has broken through the short - term shock range, but caution is needed at key positions. Unilateral strategy suggests range operation and appropriate multi - allocation on dips [2] - **Treasury Bond**: The central bank's open - market operation has improved sentiment, and future capital and supply situations need to be observed. Curve strategy can bet on steepening [2] - **Precious Metals**: Gold has support at the 60 - day moving average, and buying on dips is recommended. Silver may have a phased pulse - type rise [2] Shipping and Industrial Materials Sector - **Container Shipping Index**: Expected to oscillate strongly. Unilateral operation on the EC2508 contract should wait and see, and arbitrage opportunities can be considered [2] - **Steel**: Industrial material demand and inventory are poor. Attention should be paid to the decline in apparent demand, and buying on dips is recommended [2] - **Iron Ore, Coking Coal, Coke**: Black market sentiment has improved, and buying on dips is recommended [2] Non - Ferrous Metals Sector - **Copper**: Attention should be paid to the Sino - US tariff negotiation rhythm. The mid - term surplus pattern remains unchanged [2] - **Aluminum**: There is a strong expectation of off - season inventory accumulation, and different price ranges are given for different varieties [2] Energy and Chemical Sector - **Crude Oil**: The short - term oil price has rebounded due to geopolitical risks. Different trading strategies are given for different energy and chemical products according to their fundamentals [2] Agricultural Products Sector - Different trading strategies such as short - term long, short - term wait - and - see, and short - selling on rebounds are recommended for different agricultural products [2] Special Commodities and New Energy Sector - Different trading strategies such as waiting and seeing, buying on dips, and short - selling on rallies are recommended for special commodities and new energy products [2]

Group 1 - The main point of the article highlights the fluctuations in precious metal prices, particularly silver and gold, influenced by macroeconomic factors such as U.S. inflation and retail sales data [2][3] - Silver futures in Shanghai reported a price of 8110 yuan per gram, with a daily increase of 0.72%, and trading ranged from a low of 8052 yuan to a high of 8165 yuan [1] - International gold prices rose by 1.99% to 3239.66 USD per ounce, while silver increased by 1.26% to 32.616 USD per ounce, indicating a recovery after initial declines [2] Group 2 - The U.S. April PPI year-on-year was reported at 2.4%, below expectations, contributing to the volatility in precious metals [2] - The probability of the Federal Reserve maintaining interest rates in June is at 91.7%, with a small chance of a 25 basis point cut, reflecting market expectations for potential rate cuts later in the year [2] - The ongoing U.S.-China trade tensions are causing uncertainty in the market, leading to a cautious outlook on silver futures, with industrial demand being a key factor to monitor [3]