摘要8月26日，国内贵金属期货全线飘红，截止目前，沪金主力报价为780.80元/克，涨幅0.24%，沪银 主力报价为9370.00元/千克，涨幅0.28%；国际贵金属期全线飘红，COMEX黄金报价3422.50元/盎司， 涨幅0.34%，COMEX白银报价38.78美元/盎司，涨幅0.61%。 8月26日，国内贵金属期货全线飘红，截止目前，沪金主力报价为780.80元/克，涨幅0.24%，沪银主力 报价为9370.00元/千克，涨幅0.28%；国际贵金属期全线飘红，COMEX黄金报价3422.50元/盎司，涨幅 0.34%，COMEX白银报价38.78美元/盎司，涨幅0.61%。 【盘面分析】 今日贵金属期货价格行情（2026年8月26日） 8月25日，COMEX黄金高位震荡，报收3410.7美元/盎司，涨幅0.23%。国内SHFE金夜盘震荡上行，报 收779.92元/克，涨幅0.13%。本周重点关注后半周美国GDP数据及PCE数据，若数据表现不及预期，拉 动美联储降息预期升温，金价或仍有走强预期。 | 品种名称 | 开盘价 | 最高价 | 最低价 | 单位 | | --- | --- | --- | --- ...

本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 【美联储主席"放鸽"，全球资产价格波动】近日，美联储主席鲍威尔在全球央行年会上转向，罕见"放 鸽"，直接推升全球风险资产价格。每年8月的杰克逊霍尔会议是全球央行年度盛会，央行行长通过演讲 进行预期管理，为货币政策转向铺路。自2008年起，这里常是美联储放飞鸽派起点。鸽派言论使美元指 数下跌，非美货币上涨，加密货币、黄金、原油等风险资产也随之上涨。鲍威尔讲话被市场解读为鸽派 降息信号，资产盘面大幅波动。外汇市场上，美元指数跳水93点，跌近1%，创4月以来单日最大跌幅。 非美货币对美大幅升值，多数货币单日升幅1%。不过，美元指数大幅下行时，人民币对美汇率升值不 如预期。通常美元指数跌1%，人民币对美元汇率升值0.20 - 0.25%左右。此次在岸、离岸人民币分别只 升值112点、120点，均不到0.2%。CFETS人民币汇率指数在8月15日和22日都报96.17，波动小，表明人 民币在一揽子货币中表现稳定。8月21日，人民币对美元中间价报7.1287，调升97个基点，创2024年11 月7日以来新高。当前美元指数报97.72，若美联储9月会议降息25个 ...

近日，美联储主席鲍威尔在全球央行年会上转向，罕见"放鸽"，直接推升全球风险资产价格。 每年8月的杰克逊霍尔会议是全球央行的年度盛会，央行行长通过主题演讲进行预期管理，为后续货币政策的转向铺路。 自2008年以来，这里更是美联储放飞鸽派的起点。鸽派言论推动美元指数下跌，非美货币集体上涨。而包括加密货币、 黄金、原油等更多风险资产出现上涨。 人民币汇率或重回6时代 鲍威尔讲话被市场解读为鸽派降息的信号，各项资产盘面出现大幅波动。在外汇市场上，美元指数跳水下行93点，跌近 1%，创下4月以来的单日最大跌幅。而非美货币一改近几日承压表现，对美大幅升值，大部分货币单日升幅1%。 但是，在美元指数大幅下行的市场中，人民币对美汇率的升值表现不如预期。因为通常情况下，美元指数每下跌1%，人 民币对美元汇率会升值0.20-0.25%左右。 此外，国际贵金属期货普遍收涨，COMEX黄金期货涨1.05%，报3417.20美元/盎司，本周累计上涨1.02%；COMEX白银 期货涨2.10%，报38.88美元/盎司，本周累计上涨2.38%。美油主力合约收涨0.39%，报63.77美元/桶，本周累计涨2.89%； 布伦特原油主力合约涨0 ...

来源：中国商报 鲍威尔"松口"了！ 鲍威尔表示，当前形势暗示就业增长面临下行风险，风险平衡点的变化可能要求调整政策。鲍威尔称， 美联储对降息持开放态度。 美国联邦储备委员会主席鲍威尔当地时间8月22日在怀俄明州举行的杰克逊霍尔全球央行年度经济政策 研讨会上表示，美联储可能需要调整政策立场。 受鲍威尔"鸽派"讲话刺激，美股三大指数集体走强，截至收盘，道指上涨846.24点，涨幅1.89%，本周 累涨1.53%；纳指涨幅1.88%，本周累跌0.58%；标普500指数涨幅1.52%，本周累涨0.27%。其中，道指 再创新高，道指、标普500指数连涨三周。 加密货币市场全线拉升，以太坊日内一度涨超5%，突破2021年11月初创下的历史最高价4871.42美元， 自4月9日年内低点累计涨超250%，总市值约5900亿美元。 中国资产走势强劲，纳斯达克中国金龙指数收涨2.73%。名创优品涨逾20%，向上融科涨逾13%，金山 云涨逾9%，阿里巴巴、爱奇艺、小鹏汽车涨超4%，京东、百度、理想汽车涨逾2%。 有观点认为，鲍威尔的讲话为美联储重启降息铺平了道路。尽管劳动力市场看似稳定，但"这是一种奇 怪的平衡"，是由劳动力供需同 ...

Market Trends - Overnight, U.S. oil rose 1.23% to $63.48/barrel, Brent crude rose 1.14% to $67.60/barrel due to inventory drop [3][49] - COMEX gold fell 0.15% to $3383.5/ounce, COMEX silver rose 0.87% to $38.1/ounce [4][49] - LME base metals mostly fell, LME copper rose 0.14% to $9734.50/ton [4][49] - Domestic futures were mixed,烧碱 rose over 2%,焦煤 fell over 1% [4] - U.S. agricultural products had mixed performance, soybeans rose 1.83%, soybean meal fell 0.52% [5] Macroeconomic News - Jan - Jul全社会用电量 reached 5863.3 billion kWh, up 4.5% year - on - year [8] - Chinese Ambassador to the U.S. met with CFR President to discuss Sino - U.S. relations [8] - Former St. Louis Fed President called for 100 - basis - point rate cut this year [8] - U.S. initial jobless claims rose by 11,000 to 235,000 [9] Energy and Chemical Futures - Singapore fuel oil inventory dropped 1.61 million barrels, middle distillates rose 371,000 barrels, light distillates rose 914,000 barrels [11] - National float glass production was flat week - on - week, down 5.16% year - on - year [13] - India will continue to buy Russian oil [13] - Domestic soda ash inventory rose 0.90% week - on - week [13] - East China port methanol inventory rose 0.93 tons week - on - week [14] Metal Futures - Tianjin restricted some galvanizing enterprises, impact on northern galvanizing industry was limited [16] - Logistics in Tianjin was tight, North China electrolytic copper supply was short [16] - Goldman Sachs said copper price forecasts for 2026/2027 had upside risks [18] - Industrial silicon social inventory decreased 0.2 tons week - on - week [18] Black - Series Futures - Tangshan and Xingtai steel mills raised coke prices [20] - Mongolia's coking coal auction had all lots unsold [20] - Rebar production decreased, demand increased, inventories rose [20] Agricultural Futures - China will conduct central frozen pork reserve purchases [22][25][37] - Indonesia's palm oil inventory dropped 13% in June, exports rose 35.4% [23][24] - Malaysia's palm oil production rose 0.3% in Aug 1 - 20 [25] - Brazil's sugar shipping waiting decreased [25] - Argentina's 2025/2026 corn planting area may increase 9.6% [26] - U.S. drought affected 9% of soybean and 5% of corn planting areas [26] - 2025/26 global soybean production may rise 1% [28] - India imported rapeseed oil [28] - U.S. soybean export sales were in line or exceeded expectations [28] Financial Markets Financial - A - shares rose slightly, small - cap stocks adjusted, turnover was 2.46 trillion yuan [30] - Hong Kong's Hang Seng Index fell 0.24%, turnover was HK$239.487 billion [30] - Goldman Sachs said Chinese small - and medium - cap stocks had room to rise [32] - 171 A - share companies planned to distribute 124.584 billion yuan in dividends [33] - South Korean investors bought Chinese assets [33] - Many companies announced share - reduction plans [33] - Kuaishou's Q2 revenue rose 13.1% to 35 billion yuan, adjusted profit was 5.6 billion yuan [34] - Bilibili's Q2 revenue rose 20% to 7.34 billion yuan, adjusted profit was 560 million yuan [35] - Miniso's Q2 revenue rose 23.1% to 4.966 billion yuan [36] - Alibaba will spin off Zebra Intelligence for independent listing [36] Industry - China will conduct central frozen pork reserve purchases [37] - Financial regulators are formulating health insurance guidelines [37] - 20 troubled real - estate enterprises' debt restructuring was approved [37] - A large shale gas field in China was confirmed [38] - Chengdu introduced housing provident fund policies [40] - 2025 Fortune China Tech 50 list was released [40] Overseas - Trump planned to patrol Washington D.C. streets [41] - Trump criticized renewable energy [41] - Trump created a new government position [41] - U.S. Aug manufacturing PMI was 53.3, service PMI was 55.4 [41] - U.S. initial jobless claims rose to 235,000 [42] - U.S. July second - hand home sales rose 2% [44] - Japan may invest 10 trillion yen in India in 10 years [45] - South Korea denied U.S. chip subsidy share - exchange rumor [45] - South Korea restricted foreign real - estate speculation [45] - Eurozone Aug PMI rose to 50.5 [45] International Stock Markets - U.S. stocks fell slightly, Chinese concept stocks mostly rose [46] - European stocks were mixed [46] - Walmart's Q2 revenue rose 4.8% to $177.4 billion [48] Commodities - Oil prices rose due to inventory drop [49] - Precious metals had mixed performance [49] - Base metals mostly fell [49] Bonds - Treasury futures mostly rose, Chinese central bank net - injected 124.3 billion yuan [50] - Beijing will prepay part of its government bonds [50] - Japanese long - term bond yields rose to multi - decade highs [52] - U.S. bond yields rose [52] Foreign Exchange - On - shore RMB rose 15 points against the U.S. dollar [53] - U.S. dollar index rose 0.41% [53]

Market Performance - The three major US stock indices experienced slight declines, with the S&P 500 down 0.4%, the Dow Jones down 0.34%, and the Nasdaq down 0.34% [1] - Most large tech stocks fell, including Tesla down over 1%, Facebook down more than 1%, Amazon down 0.83%, Apple down 0.49%, Nvidia down 0.24%, Microsoft down 0.13%, while Google rose 0.22% [1] Chinese Stocks - Most Chinese stocks saw gains, with Xiaoying Technology up over 16%, XPeng Motors up more than 11%, Manbang Group up over 10%, NIO up over 9%, and Tiger Brokers up over 6% [1] - However, Zhengye Technology fell approximately 30%, Yipeng Energy dropped over 23%, Canadian Solar down over 18%, Hesai Technology down about 11%, and Century Interconnect down over 8% [1] European Market - European stock indices closed mixed, with Germany's DAX index up 0.02% at 24280.64 points, France's CAC40 down 0.47% at 7935.2 points, and the UK's FTSE 100 up 0.23% at 9309.2 points [1] Commodity Prices - International precious metal futures closed mixed, with COMEX gold futures down 0.15% at $3383.5 per ounce and COMEX silver futures up 0.87% at $38.1 per ounce [1] - US oil main contract rose 1.23% to $63.48 per barrel, while Brent crude main contract increased 1.14% to $67.60 per barrel [1] Currency and Bond Market - The US dollar index rose 0.41% to 98.65, while the offshore RMB against the US dollar fell by 17 basis points to 7.1833 [1] - US Treasury yields collectively increased, with the 2-year yield up 4.19 basis points to 3.781%, the 3-year yield up 3.92 basis points to 3.736%, the 5-year yield up 3.49 basis points to 3.841%, the 10-year yield up 2.92 basis points to 4.316%, and the 30-year yield up 2.14 basis points to 4.908% [1] - European bond yields generally rose, with the UK 10-year yield up 5.7 basis points to 4.727%, France's 10-year yield up 4.9 basis points to 3.460%, Germany's 10-year yield up 3.9 basis points to 2.755%, Italy's 10-year yield up 5.5 basis points to 3.578%, and Spain's 10-year yield up 4.8 basis points to 3.342% [1]

每经AI快讯，8月21日，COMEX黄金期货涨0.99%，报3391.9美元/盎司。COMEX白银期货涨1.49%，报 37.89美元/盎司。 ...

Market Overview - The S&P 500 index has declined for the fourth consecutive trading day, reflecting investor sentiment shifting away from technology stocks towards sectors with relatively lower valuations [1] - The Nasdaq Composite fell by 0.67%, while the S&P 500 and Dow Jones Industrial Average saw declines of 0.24% and a slight increase of 0.04%, respectively [1] Technology Sector - Major technology stocks experienced widespread declines, with Intel dropping approximately 7% and other companies like Google, Amazon, Apple, and Tesla falling over 1% [1] - Microsoft, Nvidia, Netflix, Meta, and AMD also saw minor decreases [1] Retail Sector - Mixed retail earnings reports are influencing market evaluations, with Target's stock falling 6.3% after announcing a CEO change and maintaining its previously lowered annual guidance [1] - Estee Lauder's shares dropped 3.7% due to tariff-related challenges impacting its annual profit outlook [1] Construction and Materials - James Hardie Industries, a building materials supplier, saw its stock plummet over 34% after warning about ongoing challenges in the North American renovation and new construction markets [1] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.33%, with notable movements in popular Chinese stocks such as NetEase, which increased by 1.7%, while JD.com, Alibaba, and Pinduoduo saw minor declines [2] Commodities - The price of West Texas Intermediate (WTI) crude oil increased by $0.86, or 1.38%, closing at $63.21 per barrel [2] - COMEX gold futures rose by 0.99%, reaching $3391.9 per ounce, while COMEX silver futures increased by 1.49%, closing at $37.89 per ounce [3]

Core Viewpoint - The performance of technology stocks has negatively impacted the overall U.S. stock market, with major tech companies experiencing significant declines [2][4][6]. Group 1: Market Performance - On August 19, the U.S. stock market saw mixed results, with the Dow Jones Industrial Average closing slightly up by 0.02% at 44,922.27 points after reaching a record high, while the S&P 500 fell by 0.59% to 6,411.37 points, and the Nasdaq Composite dropped by 1.46% to 21,314.95 points [4][5]. - Major technology stocks nearly all declined, with Nvidia leading the drop, falling over 3% and losing more than $155 billion in market value, equivalent to approximately 1.1 trillion RMB [2][6][8]. Group 2: Individual Stock Movements - Nvidia's stock closed at $175.64, down 3.5%, with a significant market cap loss [7]. - Other notable declines included Micron Technology dropping over 6%, Oracle and Advanced Micro Devices falling over 5%, and Broadcom and TSMC decreasing over 3% [2][8]. - In contrast, Intel saw an increase of nearly 7%, while some other semiconductor stocks like Lam Research rose over 1% [8]. Group 3: Sector Performance - The Philadelphia Semiconductor Index fell by 1.81%, reflecting the overall weakness in the semiconductor sector [8]. - Bank stocks also faced declines, with Goldman Sachs down over 1% and Citigroup down 0.52%, while some banks like Bank of America and Wells Fargo saw slight increases [9]. - Energy stocks showed mixed results, with Exxon Mobil up 0.66% and Chevron down over 1% [10].

Market Performance - The three major US stock indices closed mixed, with the Dow Jones up 0.02%, the S&P 500 down 0.59%, and the Nasdaq down 1.46% [1] - Major US tech stocks experienced declines, with Nvidia down over 3%, META down over 2%, and Tesla, Amazon, and Microsoft down over 1% [1] - Popular Chinese concept stocks generally fell, with Xunlei down over 10%, Weibo down over 6%, and New Oriental, iQIYI, and Miniso down over 2% [1] European Market - All three major European stock indices closed higher, with Germany's DAX index up 0.45%, France's CAC40 index up 1.22%, and the UK's FTSE 100 index up 0.34% [1] Commodities - International precious metal futures generally declined, with COMEX gold futures down 0.57% at $3358.90 per ounce and COMEX silver futures down 1.84% at $37.33 per ounce [1] - US oil main contract fell 1.12% to $62.00 per barrel, while Brent crude oil main contract dropped 0.95% to $65.97 per barrel [1] Currency and Bonds - The US dollar index rose 0.12% to 98.28, while the offshore RMB against the US dollar fell by 4 basis points to 7.1882 [1] - US Treasury yields collectively declined, with the 2-year yield down 1.69 basis points to 3.738% and the 10-year yield down 2.54 basis points to 4.306% [1] - European bond yields mostly fell, with the UK 10-year yield up 0.3 basis points to 4.738%, while the German 10-year yield fell 1.3 basis points to 2.747% [1]