近年来为适应和引导经济结构变化，中国人民银行不断调整和完善结构性货币政策工具体系，经济大省 浙江积极用好各项结构性货币政策工具，取得良好效果。据中国人民银行浙江省分行统计，2025年浙江 创新再贷款使用方式，单设"三个200亿元"支农支小再贷款专项额度，开展"稳外贸、促消费、强科 创"专项行动，带动法人银行新发放外贸、消费、科创领域贷款超2000亿元，惠及经营主体超100万户。 截至2025年末，累计发放符合科技创新和技术改造再贷款、服务消费与养老再贷款支持的特定领域贷款 超2100亿元，相关工具落地金额居全国前列。 中国人民银行浙江省分行相关负责人表示，此次加大结构性货币政策工具支持力度的八项举措，将与贴 息、担保、风险成本分担等财政政策协同配合，有效推动降低民营企业综合性融资成本和风险管理成 本。浙江将持续加力推动结构性货币政策工具扩面增量，激励金融机构不断强化民营经济重点领域资源 投放，确保2026年浙江全省民营经济贷款规模保持全国前列，普惠小微贷款规模保持全国领先。 农行浙江温州乐清柳市支行在常态化走访中了解到上述企业受困于产能压力，启动了"年新增3万套超低 温深冷工程专用阀门智能工厂技术改造项目"， ...

黎巴嫩银行家和政客正将目光投向备受争议的央行部分黄金储备变卖或租赁计划，试图以此将该国从毁 灭性的经济危机中拯救出来。随着黄金价格飙升，这些储备的价值也水涨船高。 自2019年经济崩溃以来，黎巴嫩一直难以就解决方案达成共识，但变卖国家积累的黄金储备对民众而言 是一项不受欢迎的举措，他们认为这是牺牲多数人利益、为少数人解决问题的权宜之计。 "这个国家并非财政破产——它是被我们的领导人洗劫一空了，"贝鲁特一名销售瓶装液化气的店主艾哈 迈德·扎伊丹（Ahmed Zaydan）表示，"别卖黄金，把你们偷走的钱还给我们。" 这场危机——银行切断储户资金提取渠道、政府债务违约、本币贬值超90%——由严重的外汇短缺引 发。 此前数年，世界银行将黎巴嫩的金融运作描述为"庞氏骗局"：银行及储户通过在央行存入美元获得异常 高的利率，而央行则试图以此维持本币汇率挂钩机制。 尽管这项被称为"财政缺口法"的草案排除了使用黄金的可能性，但一些分析师表示，黄金最终仍将成为 解决方案的一部分。 他们称，除非至少变卖或租赁部分黄金，否则央行没有足够的流动性来支付该法律承诺的款项。而IMF 并未反对使用黄金。 黎巴嫩金融危机专家迈克·阿扎尔（M ...

责任编辑：王许宁 若澳洲联储有望在3月上调利率，则周三公布的1月月度通胀数据必须出现上行意外。鉴于就业市场持续 紧缩且失业率远低于现有充分就业水平，有观点认为澳洲联储可能在2月加息后于3月中旬再度行动。但 更可能出现的情况是，央行将淡化月度CPI数据的参考价值，转而等待4月下旬公布的更全面季度CPI数 据。 若澳洲联储有望在3月上调利率，则周三公布的1月月度通胀数据必须出现上行意外。鉴于就业市场持续 紧缩且失业率远低于现有充分就业水平，有观点认为澳洲联储可能在2月加息后于3月中旬再度行动。但 更可能出现的情况是，央行将淡化月度CPI数据的参考价值，转而等待4月下旬公布的更全面季度CPI数 据。 责任编辑：王许宁 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report This year's Spring Festival holiday had unique advantages, including the longest duration in history and a consumption - stimulating activity. It showed excellent performance in multiple dimensions, especially in travel and consumption. The real - estate market showed signs of hitting the bottom, while the film market was dismal. Overseas capital markets had various trends due to factors like Fed's FOMC meeting minutes, geopolitical conflicts, and AI industry development [2][8]. 3. Summary by Related Catalogs Travel - The Spring Festival travel rush saw a continuous increase in long - distance travel. The total cross - regional passenger flow from February 2nd to 21st this year increased by 5.4% compared to the same period in 2025 and 26.3% compared to 2019, reaching a record high. The number of passengers in various transportation modes increased by about 5% - 6%. The self - driving travel enthusiasm was significantly boosted, with the national population migration scale index from the 15th day of the twelfth lunar month to the fifth day of the first lunar month increasing by 22.2% this year compared to 2025 [3][9][12]. - The difference in growth rates between the data from the Ministry of Transport and Baidu Migration was likely due to statistical methods. The non - operational passenger volume on roads accounted for 81.3% of the total cross - regional passenger flow, indicating that self - driving was the main mode of travel during the Spring Festival [16][17]. Consumption - Retail, catering, and service consumption were active. The average daily sales of key retail and catering enterprises in the first four days of the holiday increased by 8.6% compared to the same period in 2025, higher than the growth rates during the May Day and National Day holidays in 2025. The consumption of domestic tourism on key platforms increased by 4.5% in the first three days of the holiday. The rental car order volume on key platforms increased by 26%, and the north - south cross - region orders increased by 196% [4][19][22]. - The "trade - in" policy continued to release consumer demand. By February 19th, the trade - in of consumer goods benefited 28.88 million people, driving sales of 198.02 billion yuan. Smart devices maintained high growth, and Hainan's duty - free sales increased rapidly [22]. Film Market The film market continued its dismal performance since 2025, hitting a new low in the Spring Festival season in the past 7 years. As of the afternoon of the sixth day of the first lunar month, the cumulative box office of this year's Spring Festival season was 4.91 billion yuan, and it was unlikely to exceed 6 billion yuan. The number of screenings reached a new high, but the number of movie - goers hit a new low, mainly due to the lack of high - quality works [25]. Real - Estate Market The real - estate market showed a weak rebound at the bottom, with first - tier cities having a stronger rebound than second - and third - tier cities. From the first to the fifth day of the first lunar month, the average daily sales volume of commercial housing in 30 large and medium - sized cities was 1.04 million square meters, a 24.9% increase compared to the same period last year. The transaction and listing prices of second - hand houses in January also showed signs of stabilization. If the trend in the past 1 - 2 months continues, the real - estate sales may have hit the bottom [5][29]. Overseas Capital Markets - Most overseas bond yields declined. The 10 - year US Treasury yield adjusted upwards due to the hawkish FOMC meeting minutes and tariff policy fluctuations. European bond markets generally strengthened under the expectation of easing. The 10 - year Japanese government bond yield declined by 10.9bp, while the 10 - year Indian government bond yield increased by 4.8bp [6][32]. - The US dollar index strengthened, and the copper - gold ratio fluctuated weakly. Most overseas commodities rose, with oil and coal prices rising by more than 5%. Precious metals and some agricultural products also had varying degrees of increase [35][37]. - European and American stock markets rose collectively, while Asian stock markets were divided. The US stock market rebounded strongly, and European stock markets followed suit. The South Korean stock market hit a record high, while the Hong Kong and Japanese stock markets were weak. The FTSE A50 index rose 0.3% during the holiday [40].

近日，话题"妈妈让上交2万元压岁钱，孩子不干了"冲上热搜，12岁的小王与母亲因为2万余元压岁钱的 归属问题吵得不可开交。与此同时，多家银行瞅准时机，纷纷推出儿童存折、成长金库、压岁钱理财计 划，把这笔钱盯得紧紧的。 孩子的压岁钱父母有没有权花？这个问题早有答案：无权。但一个孩子假期高达2万元的入账、让众多 银行都按捺不住的新春收入，带出一个更值得深思的问题：孩子们的压岁钱，有必要这么卷吗？ 攀比压岁钱，不是这两年才有的新鲜事儿。早在上世纪八十年代末，随着生活水平稳步提升，压岁钱便 开启上涨模式。1986年春节刚过，北京一位作者在晚报刊文提到："过去攒几张新毛票、买上一两件小 玩意儿分给孩子们，就能赚个高兴。如今不行了，毛票再新也不好出手，少说也得三元五元，甚至相互 攀比达二、三十元。"到了1988年，北京垂杨柳四小的压岁钱统计让老师们吃惊：除三个班没统计上 来，全校孩子压岁钱总数约41576元，而全校教职工的月工资总额是3677元。 压岁钱的美好寓意不该被扭曲，新时代的文明风尚更应被弘扬。让红包轻装上阵，祝福才更能回归本 意。摆脱金钱数字的裹挟，装上的才是人与人之间的质朴情感。 不卷面值卷心意，这样的红包年俗 ...

Group 1 - The Bank of Japan may raise interest rates as early as March if the yen continues to decline before the upcoming Japan-US summit [1] - Prime Minister Fumio Kishida is expected to visit Washington around the time of the Bank of Japan's next policy meeting on March 18-19 [1] - The former policy committee member, Makoto Sakurai, suggests that the best way to combat yen depreciation is through interest rate hikes rather than currency intervention [1] Group 2 - Sakurai predicts that the Bank of Japan may need to raise rates twice in both 2026 and 2027, bringing the policy rate to 1.75%, a neutral level for the economy [2] - The Bank of Japan ended a decade-long stimulus program in 2024 and has raised rates multiple times, including a recent increase to 0.75%, the highest in 30 years [2] - The weak yen has become a political challenge for Japanese policymakers, as it raises import costs for fuel and food, negatively impacting households and retailers [2] Group 3 - The yen has depreciated approximately 8% since Kishida took office in October, reaching an 18-month low of 159.45 in January [2] - Currently, the yen is hovering around 155, significantly lower than the 147 level before Kishida's administration [3]

2026年2月22日，农历正月初六，春节假期的最后一天。 当大多数人还在走亲访友时，国际黄金市场发 生了一场剧烈的异动。 伦敦现货黄金价格一举突破5100美元/盎司的心理关口，最高触及5107美元，单 日暴涨117美元，涨幅达到2.35%，创下近期的阶段性新高。 截至当天收盘，国际金价稳稳站在5104.24 美元的位置。 与此同时，国内黄金市场因为春节长假仍在休市状态。 上海黄金交易所的黄金T D品种报价停留在 1108.5元/克，沪金期货主力合约报价1110.1元/克。 这两个价格与节前最后一个交易日相比，不仅没有 上涨，反而出现了小幅下跌。 国际市场的疯狂上涨与国内市场的平静停滞，形成了鲜明的价格剪刀 差。 这种内外价格的巨大背离，直接导致了国内不同黄金流通渠道报价的混乱。 品牌金店的零售柜台率先 反应，周大福、周生生等主流品牌的足金饰品挂牌价已经飙升至每克1560元。 老凤祥的报价是1556 元，周大生是1550元，金至尊相对较低，为1480元。 这些价格包含了当日的黄金原料价、工艺加工 费、品牌附加值以及门店的运营成本。 与品牌金店的高价形成对比的是银行的投资金条。 建设银行当日的龙鼎金条报价为112 ...

2026年开年，什么资产最疯狂？不是黄金，而是白银！ 如果你还只盯着金价看，那你可能已经错过了这一轮贵金属市场最猛烈的行情。继2025年白银价格狂飙175%之后，2026年的白银不仅没有停下脚步，反而 以更"脱缰"的姿态创下历史新高 。 在深圳水贝，投资者们正在抢购一种"新贵"——投资银条；在工厂里，生产线甚至为了它连夜赶工。今天，我们就来深度聊聊，站在当前的历史高位，投资 银条究竟还有没有价值？ 现货白银价格在2026年1月下旬一举突破117.00美元/盎司，创下历史新高 。如果把这个数字拆解开来，会更震撼：这个价格是2020年低点（11.23美元）的整 整10倍 。 白银的涨势有多凶猛？来看一组直观的对比。根据得物App的数据，在近一周的时间里，投资银条价格飙涨了41% 。作为对比，投资金条的涨幅仅为8.5%。 这意味着，白银的涨幅是黄金的4.8倍 。 在深圳水贝零售市场，1000g的投资银条价格已经高达30860元 。而在央视财经的镜头下，一公斤的标准投资银条，在2025年9月价格刚破1万元，不到4个月 就突破了2万元 。价格的持续拉升，让原本主打首饰生产的工厂也不得不调整策略，加班加点将银条生产从"副 ...

荷兰国际集团经济学家表示，本周公布的一系列日本经济活动数据预计将释放出2026年头几个月经济动 能的积极信号。尽管去年第四季度GDP增长不及预期，但荷兰国际集团预计月度经济活动数据将显示出 强劲反弹。他们预测，在财政支出刺激和丰厚的冬季奖金推动下，1月份工业生产和零售销售将显著增 长。与此同时，作为全国趋势先行指标的东京消费者通胀，可能因能源、公用事业和食品价格走软而进 一步放缓。剔除生鲜食品的核心通胀率应会降至2%以下，荷兰国际集团认为，这将使日本央行在3月份 的会议上得以维持目前0.75%的利率不变。 ...

Market Performance - Despite high core PCE inflation data, large tech stocks supported the market, leading to gains in major US stock indices: Dow Jones up 0.25%, S&P 500 up 1.07%, and Nasdaq up 1.51% [1][9] Upcoming Events - AI giant Nvidia is set to release its significant earnings report on February 25, which is a focal point for global markets this week [10][17] - Apple will hold its annual shareholder meeting on February 24, focusing on new product development, AI technology implementation, and supply chain adjustments [10][18] - The US January PPI data will be released on February 27, providing insights into inflation trends [6][15] Precious Metals - Gold prices surged to approximately $5,140 per ounce, with silver prices increasing by over 2% [10] - As of February 23, gold was reported at $5,155.77 per ounce, up 0.87%, while silver was at $86.625 per ounce, also showing a significant increase [10] Trade Policy - President Trump announced an increase in the global import tariff from 10% to 15%, following a Supreme Court ruling on tariffs [4][13] - The administration plans to introduce new legally permissible tariff measures in the coming months [5][14] Economic Indicators - HSBC forecasts a 0.3% month-over-month increase in January's PPI, with the annual growth rate expected to slow from 3.0% in December to 2.8% [6][15] - The Federal Reserve's recent meeting minutes indicate significant internal disagreement regarding future interest rate paths, with some members suggesting the possibility of rate hikes if inflation remains above target [6][16]