Core Points - President Trump has appointed Stephen Moore as the new member of the Federal Reserve Board, filling the vacancy left by the resignation of Governor Kugler [1] - Stephen Moore previously served as a senior economic advisor at the U.S. Treasury during Trump's first term and holds a Ph.D. in economics from Harvard University [1] - The resignation of Governor Kugler was announced by the Federal Reserve on August 1, and he officially stepped down on August 8, allowing Trump to make a new appointment ahead of schedule [1]

Market Performance - On August 7, US stock markets opened high but experienced a decline, with the Dow Jones falling by 0.51%, the S&P 500 decreasing by 0.08%, and the Nasdaq closing up by 0.35% [1] - Notable individual stock performances included Apple rising over 3% and Nvidia increasing by 0.75% [1] Chinese Stocks - Chinese concept stocks mostly saw gains, with the Nasdaq Golden Dragon China Index rising nearly 1% [3] - Individual stocks such as Li Auto surged over 44%, while WeRide increased by more than 5% [3] Federal Reserve Appointment - President Trump nominated Stephen Milan, current chair of the White House Council of Economic Advisers, to fill the recently vacated Federal Reserve Board seat, with a term ending on January 31, 2026 [8] - Milan previously served as a senior advisor on economic policy at the Treasury during Trump's first term and holds a PhD in economics from Harvard [8] - The vacancy was created by the resignation of Fed Governor Kugler, who stepped down on August 8, ahead of his term's original end date in January [8]

Group 1 - The article discusses the appointment of Stephen Moore as a new member of the Federal Reserve Board, replacing the outgoing member, who resigned earlier than expected [2][3] - Stephen Moore has previously served as a senior economic advisor at the U.S. Treasury during Trump's first term and holds a Ph.D. in economics from Harvard University [3] - The resignation of the previous board member, Mr. Kugler, allows President Trump to make new appointments to the Federal Reserve Board ahead of schedule [3]

Group 1 - The core point of the news is the appointment of Stephen Moore as a new member of the Federal Reserve Board, following the resignation of Governor Kugler, which allows President Trump to make new appointments to the Federal Reserve Board earlier than expected [1] - Stephen Moore has a background as the Chairman of the White House Council of Economic Advisers and previously served as a senior economic policy advisor at the U.S. Treasury during Trump's first term [1] - The resignation of Governor Kugler was effective on August 8, and his term was originally set to end in January 2024, which opens the door for further appointments by President Trump [1] Group 2 - President Trump has initiated interviews for potential candidates to succeed current Federal Reserve Chairman Jerome Powell, whose term ends in May 2026 [2] - The three candidates currently under consideration for the Federal Reserve Chair position include former Fed Governor Kevin Walsh, National Economic Council Director Kevin Hassett, and Treasury Secretary Mnuchin [2] - Trump has expressed dissatisfaction with Powell and has repeatedly called for his resignation, indicating a desire for a change in leadership at the Federal Reserve [2]

Core Viewpoint - The article discusses the recent appointment of Stephen Moore to the Federal Reserve Board and the ongoing search for a new Federal Reserve Chair by President Trump, highlighting potential candidates and the implications for monetary policy [1][2][5]. Group 1: Appointment of Stephen Moore - President Trump appointed Stephen Moore as the new member of the Federal Reserve Board, filling the vacancy left by the resignation of Governor Kugler, whose term was originally set to end in January 2024 [1][2]. - Moore has a background as a senior economic advisor at the Treasury during Trump's first term and holds a Ph.D. in economics from Harvard University [2]. Group 2: Search for Federal Reserve Chair - Trump has initiated interviews for the position of Federal Reserve Chair, narrowing down the candidates to three potential individuals [4]. - The current Chair, Jerome Powell, is under scrutiny, with Trump expressing a desire for Powell to resign before his term ends in May 2026 [5]. - Potential candidates for the Chair position include former Fed Governor Kevin Walsh, National Economic Council Director Kevin Hassett, Treasury Secretary Mnuchin, and current Fed Governor Christopher Waller [5].

Group 1 - President Trump has narrowed down the candidates for the next Federal Reserve Chairman to three individuals, including former Fed Governor Kevin Walsh and National Economic Council Director Kevin Hassett [1][3] - The current Fed Chairman Jerome Powell's term will end in May 2026, and Trump has repeatedly called for Powell to resign [3] - The resignation of Fed Governor Adriana Kugler, effective August 8, allows Trump to make new appointments to the Fed board earlier than expected [3] Group 2 - Trump dismissed Labor Statistics Bureau Chief Erica McEntyre due to dissatisfaction with the latest employment data released by the Labor Department, accusing her of "falsifying data" to benefit Democratic candidates [4]

钛媒体App 8月7日消息，据报道，美国总统特朗普表示，开始面试美联储候选人，候选人降至三人，不 认为贝森特会担任美联储职务，将于未来几天任命临时美联储理事。（广角观察） ...

Group 1 - Trump announced a 100% tariff on chips and semiconductors, with exemptions for companies like Apple that relocate production to the U.S. [2] - An executive order was signed to double the tariff on Indian oil to 50%, effective within 21 days, and potential tariffs on other countries purchasing Russian oil were mentioned [2] - Trump indicated the possibility of appointing a temporary Federal Reserve board member to fill a vacancy, delaying the announcement of the next Fed chair [2] Group 2 - The unexpected nature of Trump's announcements is noted, as he often makes surprising moves that exceed market expectations to attract attention and maintain control over market sentiment [3] - A report titled "Gold Strategy: Upcoming Scene" was released, suggesting that gold prices may rise significantly [3]

Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - The weakening of US economic data and Trump's stance on the new Fed Chair candidate led to a short - term rebound in precious metal prices [2] - With Trump's pressure on the Fed's monetary policy independence and significantly lower - than - expected employment data, the Fed is likely to implement further loose monetary policies. It is recommended to buy precious metals on dips, with the reference operating range for the main contract of Shanghai Gold being 777 - 801 yuan/gram and that for Shanghai Silver being 8885 - 9390 yuan/kilogram [3] Group 3: Summary of Key Data Gold - **Futures Prices**: COMEX gold closed at $3434.10 per ounce, down 0.02%; Shanghai gold (Au(T + D)) closed at 779.92 yuan/gram, up 0.56% [2][4] - **ETF Holdings**: SPDR Gold ETF holdings increased by 1.14 tons to 955.94 tons, up 0.12% [4] - **Market Activity**: COMEX gold trading volume was 15.01 million lots, up 12.93%; open interest was 44.53 million lots, down 9.02% [6] Silver - **Futures Prices**: COMEX silver closed at $37.82 per ounce, down 0.02%; Shanghai silver (Ag(T + D)) closed at 9052 yuan/kilogram, up 0.59% [2][4] - **ETF Holdings**: SLV silver ETF holdings increased by 22.60 tons to 15044.47 tons, up 0.15% [4] - **Market Activity**: COMEX silver trading volume was 45.51 million lots, down 37.61%; open interest was 17.03 million lots, down 1.93% [6] Group 4: Market Factors - **US Economic Data**: The US ISM non - manufacturing PMI in July was 50.1, lower than the expected 51.5 and the previous value of 50.8 [2] - **Trump's Stance**: Trump criticized Powell for not cutting interest rates and said he would soon announce a new Fed Chair candidate, excluding the current Treasury Secretary [2] Group 5: Charts and Their Implications - **Price - Related Charts**: Graphs show the relationship between COMEX gold and silver prices, dollar index, real interest rates, etc., which help analyze the influence of macro - factors on precious metal prices [8][11][12] - **Market Activity Charts**: Charts display the trading volume and open interest of COMEX and Shanghai gold and silver, reflecting market activity [6][9][10][24][27][29] - **Spread Charts**: Tables and graphs present the internal and external price spreads of gold and silver, which are useful for cross - market analysis [54][55][56]

Group 1 - The U.S. plans to impose a "small tariff" on imported pharmaceuticals, with a potential increase to 150% within a year and up to 250% thereafter, aiming to boost domestic production [1] - President Trump indicated that he would announce tariffs on semiconductors and chips in the near future, although details were not provided [1] - The potential candidates for the new Federal Reserve Chair have been narrowed down to four, excluding Treasury Secretary Scott Pruitt, with the current Chair Jerome Powell's term ending in May 2026 [1] Group 2 - Federal Reserve Governor Kugler will officially resign on August 8, allowing President Trump to make new appointments to the Federal Reserve Board ahead of schedule [1]