Last week, easing tariff tensions between the US and China boosted market risk appetite, while Fed Chair Powell’s continued hawkishness had little impact on metals. Gold prices hit new highs and copper stabilized, both benefiting from inflationary pressures and improved tariff expectations.Market Performance OverviewPrecious metals saw strong gains: COMEX gold rose 2.65% and silver 1.09%. Industrial metals also performed well, with COMEX copper up 3.35% and SHFE copper up 1.33%. Notably, the domestic Chinese gold market outpaced global gains, highlighting robust local investment demand.Copper Market InsightsAfter sharp previous swings, copper prices steadied last week. Easing US-China tariff rhetoric supported market sentiment, even though substantial action is pending. Interestingly, Powe

From the overall market performance last week, most risk assets that had experienced significant pressure saw a pullback after an initial rapid rebound. Although the market's performance during the week was mediocre, the latest news developments suggest that there are few signs of further deterioration in the short term. After Trump’s tactics failed to yield significant impact, it is expected the market will continue to recover some ground before entering a second bottoming process. During this period, whether in terms of major asset classes or individual stocks, it is advisable to select strong performers, while those showing weak rebounds should be avoided.Due to the Easter holiday, there were only four trading days in the futures market last week. On the daily chart, the S&P 500 ind

I. How did @666 Dazi make $1.55 million?Last week, the US stock market experienced a sharp decline followed by a significant rebound. This historic market movement caused panic among many investors.A futures trader named 666 Dazi posted a screenshot early on Friday, April 12, showing a profit of $1.55 million. He is likely another mysterious big shot.From his brief sharing, it appears that he made a profit of $1.55 million by shorting one contract of $E-mini Nasdaq 100 - main 2506(NQmain)$ .It is worth noting that on April 10, the Nasdaq fell by 852 points, rose by 2,121 points on April 9, and fell by 1,165 points on April 4. The historic volatility of the market last week was evident to all.In the futures market, such volatility can indeed le

The US stock market is undergoing significant turmoil, with concerns over the economy intensifying. President Trump’s announcement of large-scale tariffs has triggered a wave of panic selling in global markets. Further complicating the market outlook, several economic indicators point toward the possibility of a recession. Experts believe that whether the market will experience another massive sell-off depends largely on whether fears of an imminent economic recession are debunked.Growing Recession Risk in the US EconomyEconomic Data Signals Trouble AheadRecent economic predictions paint a grim picture. The Atlanta Fed’s GDPNow forecasting model has downgraded its outlook for first-quarter 2025 US real GDP growth from 2.3% to a contraction of 2.825%, marking the worst quarter for the US ec

On April 4, China announced a series of countermeasures against the United States' imposition of tariffs, including a decisive move to impose a 34% tariff on all imported goods originating from the U.S. This unprecedented response caught global markets off guard, highlighting China's preparedness since the 2018 trade war and revealing vulnerabilities in Western financial markets. As news spread, commodities faced significant sell-offs, and global markets began pricing in a potential economic recession. The U.S. stock indices’ sharp decline echoed patterns seen during the initial outbreak of the COVID-19 pandemic in 2020, signaling growing pessimism about the global economy.U.S. Stock Indices Enter Recession Mode, Resembling 2020 Pandemic TrendsThough skepticism toward U.S. stock performanc

On March 26, U.S. President Donald Trump signed an announcement at the White House declaring a 25% tariff on imported cars. The measure will take effect on April 2. Trump emphasized that the tariff would be permanent, adding that cars manufactured within the United States would be exempt from the tax.Trump's statement quickly triggered backlash from U.S. trade partners, including the European Union, Canada, and Japan. 1. Where is the Support Level for the Second Phase of the U.S. Stock Index Decline?Recent analyses suggest that the U.S. stock index rebound seen earlier was merely temporary and not indicative of a full recovery. In fact, the rebound was weaker than expected, reinforcing the likelihood that February's peak will remain the high point for the year. Given the renewed downward t

Media Report: U.S. and Russia Expected to Release Joint Statement at 4 PM Beijing Time.According to CBS News, after the Saudi-hosted talks on a ceasefire agreement in the Black Sea region, it is anticipated that the United States and Russia will issue a joint statement. .The announcement is scheduled for 4 AM Washington time, 11 AM Moscow time, and 4 PM Beijing time. While specific details of the statement remain unclear, reports from U.S. technical teams in Saudi Arabia shared with the Trump administration appear optimistic. Additionally, Ukrainian officials have been briefed on the developments.Historically, factors driving gold price fluctuations have revolved around two key attributes: its role as a hedge against inflation and its value as a safe-haven asset. Since President Trump took

This Thursday at 2:00 AM Beijing time, the Federal Reserve will hold its interest rate setting meeting, which receives significant market attention, especially during quarterly meetings. Previously, there were pessimistic expectations about the Fed cutting rates twice this year. If the post-meeting press conference does not convey a sufficiently hawkish stance, the market might become more optimistic, potentially boosting indices further. Therefore, stock index trends might change around Wednesday this week. If there's a significant rebound on Monday and Tuesday, investors should be cautious about potential peak rebounds on Wednesday, as the market's fear index (VIX) is relatively high, and a double bottom is quite common.Wind Direction: Will the Federal Reserve Remain Cautious This Month,

Last year, to avoid a U.S. government debt default, Congress approved a temporary funding bill extending federal government funding until March 14, 2025. With this deadline approaching next week, House Speaker Mike Johnson has proposed a new temporary funding measure lasting until September 30. This bill is scheduled for a vote next Tuesday. Although the probability of outright rejection is relatively low, uncertainties remain. Political maneuvering by a minority of lawmakers and possible delays from the Democratic Party could complicate or prolong the bill's passage, thereby negatively impacting market sentiment.U.S. Stocks: Approaching Interim Lows—Short-Term Rebound PossibleAfter significant declines last week, major U.S. indices—led by the S&P 500—have dropped around 8%, nearing a