2025年4月23日,早盘收盘,国内期货主力合约涨多跌少。燃料油、纯碱、SC原油涨超2%,铁矿石、玻璃、沥青、焦炭、棕榈油、焦煤、低硫燃料油(LU)涨超1%;跌幅方面,沪金跌超3%,20号胶跌超2%,集运欧线、橡胶跌超1%。
据光大期货,昨晚美国白宫态度出现重大转变,此前一直批评美联储主席鲍威尔降息不够迅速、甚至威胁将其解雇的美国总统特朗普表示,无意解雇鲍威尔。另外,美国财长贝森特表示,关税僵局不可持续,预计将在不久的将来,形势有所缓和。白宫新闻秘书宣称,贸易谈判正取得进展,本周将与34个国家开会,并表示特朗普希望降息,希望美元继续扮演全球储备货币的角色。之前在全球经济、贸易格局走向的不确定性以及美元信用受损下,黄金交易逻辑聚焦于“滞胀博弈”与“政策扰动”,持续受到市场追捧;但从昨晚来看美国政府态度的转变使得市场避险情绪减弱,风险偏好大幅回升。由此,笔者认为,市场可能进入特朗普关税政策缓和阶段,黄金恐陷入短期调整阶段。对于白银而言,工业品和黄金表现同时影响银价,但金银比回归预期下,银价或相对坚挺,规避黄金出现快速下跌阶段带来的回调,但总体仍偏向于维持逢低买入操作。
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