Group 1 - The Jinan Market Supervision Bureau conducted a safety inspection of special equipment in the Jiyang District, focusing on the "Nine曲黄河万里情" cultural tourism project [1] - The inspection included assessments of large amusement facilities, food safety supervision, and the promotion of the "Prepaid Treasure" program [1] - The inspection team reviewed the installation and maintenance of special equipment, including pressure vessels and pipelines, as well as the qualifications and skills of the operators [1] Group 2 - The inspection team acknowledged the important role of the Jiyang District Market Supervision Bureau in advancing the "Nine曲黄河万里情" project, highlighting their thorough work arrangements and effective measures [2] - With the upcoming National Day and Mid-Autumn Festival holidays, the team emphasized the critical importance of safety production and the challenges in special equipment safety supervision [2] - The team outlined specific responsibilities for special equipment enterprises to ensure safety, including a daily control, weekly inspections, and monthly assessments to eliminate safety risks [2]

Group 1 - The G7 summit concluded with President Trump urging traditional allies like Japan and Germany to impose high tariffs on goods from China and India, ranging from 50% to 100% [1][3] - Japan's Finance Minister, Taro Kato, stated that Japan would not impose additional tariffs on China and India, citing World Trade Organization (WTO) rules as a defense [5][7] - Japan emphasized the principles of most-favored-nation treatment and non-discrimination under WTO rules, arguing that raising tariffs based solely on energy trade with Russia is prohibited [9] Group 2 - Japan's refusal to comply with Trump's demands reflects its deep economic ties with China, as evidenced by a nearly balanced trade volume of $206.4 billion in the first eight months of 2025 [10] - Historical lessons from the Plaza Accord in 1985, which led to Japan's economic stagnation, have influenced Japan's current independent stance on economic policies [12] - Japan's energy security strategy includes diversifying energy sources, with Russian energy imports being a key component, while also preparing to increase purchases from other regions [14] Group 3 - The political environment in Japan, particularly the impending resignation of Prime Minister Shigeru Ishiba, has provided a favorable context for rejecting U.S. demands [14] - China's strong opposition to unilateral sanctions and potential retaliatory measures has also played a crucial role in Japan's decision [15] - The U.S. has not immediately retaliated against Japan's refusal, indicating the complexity of U.S.-Japan relations and the ongoing security cooperation between the two nations [17] Group 4 - Japan's decision to reject Trump's tariff demands may signal a shift in global trade dynamics, where even close allies begin to prioritize national interests and international rules over blind allegiance [19]

当地时间18日，在欧盟委员会提交第19轮对俄罗斯制裁措施前一天，俄罗斯方面表示反对，欧盟成员国匈牙利 也提出异议。 俄罗斯外交部发言人扎哈罗娃表示，欧盟多年来一贯坚持对成员国经济具有破坏性的路线，即不断缩减俄罗斯 能源进口，这是自我毁灭的"自残"行为。扎哈罗娃警告说，如果继续沿着这条自杀式的道路走下去，只会导致 更加严重的后果。在这种情况下，欧盟的盲目政策给欧盟各国带来的惩罚，不亚于俄方采取的反制措施。 匈牙利反对欧盟减少对俄能源进口 匈牙利能源部官员奥妮科18日在欧盟环境理事会上重申，匈方反对在没有可行替代方案的情况下提前停止进口 俄罗斯化石燃料，仓促减少对俄能源进口将危及国家能源安全。奥妮科说，匈牙利是欧盟少数几个内陆国家之 一，匈牙利的立场始终以国家的能源安全为导向。 俄乌冲突全面升级后，欧盟委员会今年6月提出一项立法提案，欧盟将在2027年底前逐步停止进口俄罗斯的天然 气和石油。匈牙利和斯洛伐克对此表示反对。匈牙利方面指出，能源政策属于国家主权范畴，欧盟提出的计划 威胁匈牙利的主权和能源安全。 ...

【改写版】 过去三十年，欧洲人仿佛生活在童话世界里——每天工作不到8小时，每年带薪休假动不动就一个月，从摇篮到坟墓的福利保障让人羡慕。但揭开这层光鲜 外衣，你会发现欧洲的舒适生活其实是站在三个巨人肩膀上的：俄罗斯的能源、美国的枪杆子和中国的钱袋子。如今这三大支柱各怀心思，欧洲的好日子开 始摇摇欲坠。 北约体系下，6万美军常年驻守欧洲，美国人承担七成军费开支。德国军费占比仅1.5%，省下的钱全变成社会福利——瑞典父母能休480天带薪产假，芬兰 大学生每月白拿5500元补助。这种安全外包模式让欧洲安心搞经济，直到特朗普拍桌子要钱，欧洲人才发现没了美国保护伞，自己连一周防空都维持不了。 中国市场的黄金十年 当奔驰4S店在中国遍地开花时，欧洲企业赚得手软。大众每卖三辆车就有一辆销往中国，瑞士名表过半被中国买家收走。中国不仅是提款机，更是技术试 验场——空客A320对华报价比疫情前还低12%，西门子医疗设备三年降价25%。但2023年中国电动车反攻欧洲，市场份额暴涨至15%，光伏组件更拿下82% 市场，欧洲人突然发现学生变成了老师。 能源命脉握在俄罗斯手里 冷战结束后，欧洲就像染上能源鸦片般依赖俄罗斯。德国化工厂的烟囱 ...

Market Movements - US stock index futures showed mixed results with Dow futures up by 0.07% while S&P 500 and Nasdaq futures down by 0.04% and 0.07% respectively [1] - European indices displayed slight movements with Germany's DAX up by 0.04%, UK's FTSE 100 up by 0.23%, while France's CAC40 down by 0.24% and Europe's Stoxx 50 down by 0.10% [2][3] - WTI crude oil prices fell by 0.64% to $64.11 per barrel, and Brent crude oil prices decreased by 0.60% to $68.06 per barrel [3][4] Federal Reserve and Economic Outlook - The focus has shifted from inflation to the labor market, with expectations of a rate cut by the Federal Reserve to support a weakening US labor market [5] - Market participants are betting on a 50 basis point rate cut, with some traders anticipating a total of 75 basis points in cuts over the remaining FOMC meetings this year [5] - Morgan Stanley's analysis indicates that when the S&P 500 is within 1% of its historical high and the Fed cuts rates, the index averages a 15% increase over the following year [6] Commodity Insights - Gold prices surged past $3,700 per ounce, driven by expectations of significant rate cuts from the Federal Reserve, with forecasts suggesting prices could reach $5,000 if certain market conditions are met [6] - A trader has made a substantial bet that Brent crude oil prices will fall below $50 per barrel by year-end, citing expected oversupply in the market despite geopolitical risks [7] Company News - Tesla reached a confidential settlement regarding a lawsuit related to a fatal accident involving its Autopilot system, agreeing to pay $243 million [8][9] - Nvidia is collaborating with OpenAI and other tech giants to invest £11 billion in the UK to develop AI infrastructure [9] - Eli Lilly's oral weight loss drug showed a significant 11.2% weight reduction in clinical trials, potentially reshaping obesity treatment accessibility [10] - AstraZeneca's asthma drug Fasenra failed to meet primary endpoints in a study for COPD patients, posing a setback for the company [10] - GlaxoSmithKline announced a commitment to invest $30 billion in the US over the next five years, coinciding with President Trump's visit to the UK [11] - New Fortress Energy secured a $4 billion LNG supply agreement with Puerto Rico, significantly boosting its stock price [11] Economic Data and Events - Upcoming economic data includes US building permits and housing starts for August, as well as the Federal Reserve's interest rate decision and economic forecast [12]

Market Movements - US stock index futures showed mixed results with Dow futures up by 0.07% while S&P 500 and Nasdaq futures down by 0.04% and 0.07% respectively [1] - European indices had varied performances with Germany's DAX up by 0.04%, UK's FTSE 100 up by 0.23%, while France's CAC40 down by 0.24% and the Euro Stoxx 50 down by 0.10% [2][3] - WTI crude oil fell by 0.64% to $64.11 per barrel, and Brent crude oil decreased by 0.60% to $68.06 per barrel [3][4] Federal Reserve and Economic Outlook - The focus has shifted from inflation to the labor market, with expectations of a rate cut by the Federal Reserve to support a weakening US labor market [5] - Market participants are betting on a 50 basis point rate cut, with some traders anticipating a total of 75 basis points in cuts over the remaining FOMC meetings this year [5] - Morgan Stanley's analysis indicates that when the S&P 500 is within 1% of its historical high and the Fed cuts rates, the index averages a 15% increase over the following year [6] Commodity Insights - Gold prices surged past $3,700 per ounce, driven by expectations of significant rate cuts from the Federal Reserve, with forecasts suggesting prices could reach $5,000 if certain market conditions are met [6] - A trader has made a substantial bet that Brent crude oil prices will fall below $50 per barrel by year-end, citing expected oversupply in the market despite geopolitical risks [7] Company News - Tesla reached a confidential settlement regarding the 2019 Autopilot fatality case, agreeing to pay $243 million in compensation [8][9] - NVIDIA is collaborating with OpenAI and other tech giants to invest £11 billion in the UK to advance AI infrastructure [9] - Eli Lilly's oral weight loss drug showed a significant 11.2% weight reduction in clinical trials, potentially reshaping obesity treatment accessibility [10] - AstraZeneca's asthma drug Fasenra failed to meet primary endpoints in a COPD study, marking a setback for the company [10] - GlaxoSmithKline announced a commitment to invest $30 billion in the US over the next five years, emphasizing the US as a priority market [11] - New Fortress Energy secured a $4 billion LNG supply agreement with Puerto Rico, significantly boosting its stock price [11] Economic Data and Events - Upcoming economic data includes US building permits and new housing starts for August, as well as the Federal Reserve's interest rate decision and economic forecast [12]

其中，在基础产品供应方面，中央企业承担了约80%的原油、70%的天然气、60%的电力供应，在能源 保供、粮食保障、物流运输等方面发挥了不可替代的作用；在产业协同带动方面，近年来中央企业平均 每年的采购量超过15万亿元，直接拉动产业链上下游、大中小企业约200万户，间接辐射上下游企业近 700万户；在产业协同带动方面，近年来中央企业平均每年的采购量超过15万亿元，直接拉动产业链上 下游、大中小企业约200万户，间接辐射上下游企业近700万户。 北京商报讯（记者 和岳）9月17日，在国务院新闻办公室举行的"高质量完成'十四五'规划"系列主题新 闻发布会上，国务院国资委副主任袁野表示，中央企业以自身的高质量发展，为经济社会平稳健康运行 提供更好地支撑。 ...

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the role of central enterprises in supporting stable and healthy economic operations through high-quality development [1] Group 1: Economic Contributions - Central enterprises are responsible for approximately 80% of crude oil, 70% of natural gas, and 60% of electricity supply, highlighting their critical role in energy security and logistics [1] - The average annual procurement amount by central enterprises exceeds 15 trillion yuan, directly stimulating around 2 million upstream and downstream enterprises, and indirectly affecting nearly 7 million enterprises [1] Group 2: Support for SMEs - Central enterprises are creating a favorable environment for the development of upstream, downstream, and small and medium-sized enterprises (SMEs) through project cooperation, timely payments, and rent reductions [1]

本周二稍早公布的数据显示，美国8月零售销售数据增幅高于预期，显示美国消费者支出依然强劲，但这几乎没有改变市场对降息的预期。 Baird私人财富管理投资策略师Ross Mayfield表示："任何具有韧性的经济数据都只会强化联邦公开市场委员会(FOMC)内部鹰派的立场……并可能让美联 储主席鲍威尔在措辞上比市场所希望的更为鹰派。" 投资者同时对其他消息反应平淡，包括美国参议院确认白宫经济顾问斯蒂芬·米兰出任美联储理事，以及上诉法院驳回特朗普要求罢免美联储理事丽莎·库 克的请求。 Principal资产管理公司全球首席策略师Seema Shah认为："尽管劳动力需求正在放缓，但当前的衰退风险依然有限。如果美联储此时降息50个基点，那更像 是出于政治压力，而非经济必要。相较之下，温和的25个基点降息才是更恰当的选择，它既能让美联储领先于经济放缓，又不会对初步的压力迹象反应过 度。" 美国银行最新月度调查显示，随着对关税引发经济衰退的担忧减弱，全球基金经理对股票的看多情绪升至自今年2月以来最高水平。 美东时间本周二，美国三大股指在震荡交投中收低，投资者在美联储公布利率决议前保持谨慎。 目前，投资者普遍预计美联储将在本 ...

美东时间周二，美国三大股指在震荡交投中收低，投资者在美联储公布利率决议前保持谨慎。 目前投资者普遍预计美联储将在周三(北京时间周四凌晨2点)宣布降息25个基点，以对冲美国劳动力市场持续恶化的趋势，这一状况已在近 期多项经济数据中有所体现。 市场关注的焦点在于，美联储对全年利率路径的预测，以及决策者们预计在2025年结束前究竟还会再降息一次，还是两次。 周二稍早公布的数据显示，美国8月零售销售数据增幅高于预期，显示美国消费者支出依然强劲，但这几乎没有改变市场对降息的预期。 美国银行最新月度调查显示，随着对关税引发经济衰退的担忧减弱，全球基金经理对股票的看多情绪升至今年2月以来最高水平。 市场动态 截至收盘，道指跌125.18点，跌幅为0.27%，报45758.27点；纳指跌14.79点，跌幅为0.07%，报22333.96点；标普500指数跌8.49 点，跌幅为0.13%，报6606.79点。 美股行业ETF中，公用事业ETF收跌1.82%，区域银行ETF跌1.04%，银行业ETF跌0.99%，科技行业ETF、网络股指数ETF、全球科技股 指数ETF至多跌0.35%，半导体ETF则收涨0.01%，可选消费ETF ...