风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供参 考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构成 投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产品 要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 每日经济新闻 国泰海通指出，工业金属中铜价受宏观与供给扰动或偏强震荡，智利Mantoverde铜矿罢工及厄瓜多尔政 局影响供给，叠加美国流动性宽松预期形成支撑。铝价在宏观政策提振下创新高，但基本面呈现供需博 弈，国内电解铝产能持续爬产推动供应增长，而下游消费走弱导致加工企业开工率降至59.9%，库存累 积或使价格维持高位震荡。锡供给偏紧延续，缅甸复产缓慢及印尼出口审批扰动对价格形成支撑。能源 金属方面，碳酸锂需求边际走弱但库存去化放缓，钴镍受原料紧张及政策调整影响供给预期。稀土板块 中轻稀土价格持续上升，中重稀土分化，春节前补货需求或支撑短期价格。整体行业需关注地缘局势对 供给端的潜在冲击及美联储政策变化。 矿业ETF（561330）跟踪的是有色矿业指数（93189 ...

Core Viewpoint - The market is increasingly focused on the potential nomination of Kevin Hassett as the next leader of the Federal Reserve, which could significantly impact global interest rate expectations and financial market volatility [1] Group 1: Impact on Monetary Policy - Hassett is expected to favor accelerated interest rate cuts, which would have important implications for the forex and derivatives markets [1] - If Hassett takes over the Federal Reserve, a more accommodative monetary policy stance is anticipated to address economic growth slowdown pressures [4] - Hassett's approach to inflation management is also under scrutiny, as he has indicated a willingness to adjust rates based on economic data [7] Group 2: Market Reactions - Financial markets have begun to react to the possibility of Hassett's nomination, with the 10-year U.S. Treasury yield falling below 4%, reflecting investor positioning for rate cuts [1] - The potential for increased volatility and trading opportunities in forex markets is highlighted, particularly for carry trades and short-term fluctuations [4] - The nomination could alter the trajectory of the U.S. dollar index, further influencing global forex, precious metals, and stock market performance [9]