专题：ATFX外汇专栏投稿 周五——非农就业报告 2月2日，每月的非农是黄金美元市场的大事，超预期的数据能够带来无与伦比的短线交易机会。 本周五21：30，美国劳工统计局将公布1月份非农就业报告，其中新增非农就业人口的预期值为6.4万 人，高于前值5万人，但仍处于近些年的底部区域。失业率前值为4.4%，预期持平。 金融机构的预期值往往基于模型得出，存在误判的可能性。 一月份最具冲击力的事件有两个：其一是特朗普对格陵兰岛的舆论性掠夺，虽然没有付诸行动，但增强 了欧洲国家的自主意识，削弱了美国的贸易潜力；其二是美国移民管理局在抓捕非法移民的行动中，导 致两名美国人死亡，舆论不断发酵，最终导致美国政府技术性停摆。 两件事对美国经济和就业造成不同程度的负面冲击，可能导致非农就业报告的内容偏负面。尤其是移民 管理局ICE的问题，如果不能消除负面舆论，特朗普打击非法移民的政策可能严重受阻。目前，美国国 会已经终止向ICE所属部门拨款，或导致该部门停摆。 如果非农就业报告公布值远低于金融机构预期，可能倒逼美联储更激进的降息，利空美元指数。 周四——欧央行、英央行利率决议 欧央行将于周四21：15公布利率决议结果，英国央行将 ...

Group 1 - The document contains various references to tax-related topics, including excise duty changes, income tax return forms, and due dates for tax filings [1][2] - There are mentions of specific tax rates and exemptions, such as the reduction in excise duty and the introduction of new tax forms [1][2] - The document highlights the importance of compliance with tax regulations and the implications of late filings or incorrect submissions [1][2] Group 2 - The content discusses the impact of budget announcements on various sectors, including changes in tax rates and the introduction of new financial products [1][2] - There are references to financial planning and investment strategies, indicating a focus on optimizing tax liabilities through various financial instruments [1][2] - The document also addresses the significance of understanding tax laws and regulations for effective financial management [1][2]

Core Viewpoint - Precious metals and oil prices are experiencing significant losses, primarily triggered by U.S. President Trump's nomination of Kevin Warsh as the successor to Federal Reserve Chair Jerome Powell [1][11]. Precious Metals Market - Spot gold prices fell 3.2% to $4,713.39 per ounce, following a historic drop of over 9% on Friday, marking the sharpest one-day decline since 1983 [2]. - Spot silver prices decreased by 2.7% to $82.29 per ounce, having dropped over 31% on Friday, which is its worst daily performance since 1980 [2]. - Analysts suggest that the recent downturn in precious metals is part of a broader market decline, with the pan-European Stoxx 600 index reflecting losses from Asia-Pacific markets [3]. Investment Strategies - JPMorgan's global investment strategist, Grace Peters, emphasizes the importance of geopolitical hedges and safe-haven assets, asserting that gold remains the best geopolitical hedge [4]. - Peters maintains a forecast of $6,500 per ounce for gold by year-end, driven by factors such as central bank buying and institutional investor support [5]. - The current allocation of gold in institutional and retail portfolios is around 3%, indicating potential for increased investment in gold [8]. Market Sentiment and Future Outlook - The sell-off in precious metals began due to fears regarding the Federal Reserve's independence and expectations of a declining U.S. dollar [10]. - The nomination of Warsh has led to a reevaluation among investors, as he has advocated for reducing the Fed's balance sheet, creating uncertainty in the market [11][12]. - Some analysts view the recent sell-off as a "healthy correction," suggesting that prices may stabilize and recover in the coming months, with expectations of gold reaching $5,020 per ounce and silver at $88 per ounce by year-end [15][16]. Oil Market - Oil prices also declined, with Brent crude futures falling 5% to $65.88 per barrel and U.S. West Texas Intermediate futures down 5.3% to $61.76, marking the steepest single-session decline in over six months [18]. - The decline in oil prices is attributed to signals of de-escalation in U.S.-Iran tensions, as President Trump indicated that the two nations are "seriously talking" [17].

US futures and world shares skidded on Monday as worries over President Donald Trump's nominee to be the next Federal Reserve chair amplified jitters over a possible bubble in the artificial intelligence boom. South Korea's exchange, which is heavily influenced by tech-related developments, briefly suspended trading as its benchmark Kospi bounced, closing 5.3 per cent lower at 4,949.67. Samsung Electronics gave up 6.3 per cent, while chip maker SK Hynix sank 8.7 per cent. The Kospi has been forging records ...

Several months ago, you had a gold call on this show when you recommended we buy. And those who didn't miss a trick and the price went up, you've had a $5,000 call in it for the fourth quarter of this year and now you're raising it as the market is running in the opposite direction. You're raising it to 6,500.Why were you being pulled in with the market. Is it the right call at this stage. Why.>> Well, this is the decision, isn't it. This is the time that you either have to choose to lean into your convicti ...

Core Insights - The Hong Kong Monetary Authority (HKMA) plans to issue its first stablecoin issuer licenses in March, with only a "very small number" expected to be approved initially [1][7] - This transition signifies a move from consultation and sandbox testing to a regulated market for stablecoin issuers under Hong Kong's new framework [1] Licensing Criteria - The HKMA's licensing assessments will focus on the issuer's defensible use case, robust operational and financial risk controls, effective anti-money laundering (AML) safeguards, and an appropriate reserve backing model [2][7] Regulatory Framework - Hong Kong initiated a stablecoin issuer sandbox in 2024, and a stablecoin bill was passed in May 2025, establishing a licensing regime for fiat-referenced stablecoin issuers [3] - The stablecoin licensing regime took effect on August 1, 2025, making the issuance of fiat-referenced stablecoins a regulated activity requiring a license [4] Market Impact - A limited number of licensed issuers can quickly shape the market structure, as early integrations may concentrate around these entities, especially with banks and regulated payment partners preferring licensed counterparts [5] - Licensed issuers will need to adhere to Hong Kong's rules for cross-border transactions, with potential exploration of mutual recognition arrangements with other jurisdictions in the future [5][7] Interested Parties - Companies signaling interest in applying for stablecoin licenses include JINGDONG Coinlink Technology Hong Kong Limited, RD InnoTech Limited, and a consortium involving Standard Chartered Bank (Hong Kong) Limited, Animoca Brands Limited, and Hong Kong Telecommunications (HKT) Limited [8] - Ant International has also indicated plans to apply for a stablecoin issuer license in Hong Kong once the procedures are opened [9]

Core Insights - NCR Atleos has renewed its partnership with Heart of England Co-operative for five years, focusing on enhancing financial inclusion through upgraded ATM services [1][1][1] Company Overview - NCR Atleos is a leader in self-service financial access, providing innovative solutions for financial institutions, retailers, and consumers [1][1] - The company operates the largest independently-owned ATM network and emphasizes operational efficiency and digital-first experiences [1][1] Partnership Details - The renewed agreement includes a comprehensive upgrade of Heart of England Co-operative's 35-site ATM network, ensuring free cash access for local communities [1][1] - The collaboration aims to enhance ATM availability and service quality, aligning with both organizations' commitment to customer satisfaction [1][1] Strategic Goals - Heart of England Co-operative aims to maintain its strategic priorities while benefiting from NCR Atleos' operational efficiency and innovative solutions [1][1] - The upgraded ATM network is expected to drive foot traffic and meet evolving customer needs in Coventry and Warwickshire [1][1]

. SECURITIES,5,(MNP),2,(TDS)2007-08,1,`,1,01.07.12,23,01.09.2008,1,01.10.2012,2,06.07.2009,3,07.08.2012,1,1 PERCENT EXCISE ITEMS LIST,2,1 sep,1,1% excise,2,10 year nsc,7,10(10C),1,10(10D),1,10(11),1,10(12),1,1000 court cases judgements supplied to ITO,7,1000 rupee note,3,11-2008,1,11-2010,1,111A,4,130 items,1,14.08.2008,1,15 august,2,150 Rs coin,2,15g,14,15h,15,18-12-2009,1,192(1A),5,192A,2,194 I,4,194 IA,1,194A,7,194c from 01.10.2009,7,194H,6,194j,15,194LC,3,194N,1,194O,1,194q,2,1981-2007,2,2% cst,1,2% exc ...

Market Overview - European stocks are expected to open lower, with the U.K.'s FTSE index down 0.5%, Germany's DAX down nearly 1%, France's CAC 40 down 0.8%, and Italy's FTSE MIB also down by a similar amount, reflecting concerns over artificial intelligence and volatility in precious metals [1] - Asia-Pacific markets experienced declines, particularly in South Korea, as investors monitored gold and silver prices following significant drops [2] Precious Metals - Silver prices, which have more than doubled over the past 12 months, fell approximately 30% on Friday, marking the worst one-day performance since 1980, while gold dropped around 9% [3] Cryptocurrency - Bitcoin fell below $80,000 for the first time since April, indicating a shift in investor sentiment as they moved to reduce risk following the declines in precious metals [2][3] Corporate Developments - Nvidia's plans to invest $100 billion into OpenAI have stalled, with executives expressing doubts about the deal, raising questions about the sustainability of the artificial intelligence boom [3] Economic Data - Earnings reports are expected from Julius Baer Group, alongside data releases for German retail sales and Spanish new car sales [4]

. SECURITIES,5,(MNP),2,(TDS)2007-08,1,`,1,01.07.12,23,01.09.2008,1,01.10.2012,2,06.07.2009,3,07.08.2012,1,1 PERCENT EXCISE ITEMS LIST,2,1 sep,1,1% excise,2,10 year nsc,7,10(10C),1,10(10D),1,10(11),1,10(12),1,1000 court cases judgements supplied to ITO,7,1000 rupee note,3,11-2008,1,11-2010,1,111A,4,130 items,1,14.08.2008,1,15 august,2,150 Rs coin,2,15g,14,15h,15,18-12-2009,1,192(1A),5,192A,2,194 I,4,194 IA,1,194A,7,194c from 01.10.2009,7,194H,6,194j,15,194LC,3,194N,1,194O,1,194q,2,1981-2007,2,2% cst,1,2% exc ...