Cultivando a Era do Trading de CFDs

On April 8, according to AXIOS, Republicans in the United States admitted that they felt the pressure from Trumps tariffs, and their Wall Street sponsors felt it too. Previously, some senators proposed bills to restrict the presidents ability to impose tariffs, and Trump made it clear that he would not tolerate any restrictions on his ability to do so. But some uneasy Republican donors hope that lawmakers can help convince the president that tariffs are destroying the economy. Although lawmakers refused to disclose the specific content of the donors conversations, their concerns were high after three days of stock market chaos. At the same time, some Republican senators have stood up and publicly criticized Trumps tariffs, insisting that it is a tax on American consumers.

Reuters poll: The Philippine central bank will cut its key policy rate by 25 basis points to 5.50% on April 10, and the key policy rate is expected to fall to 5.00% by the end of 2025.

On April 8, a 256GB version of iPhone 16 Pro was officially priced at $1,100. According to data calculated by the US media, it costs Apple about $580 to make a mobile phone. But after the United States announced a 34% so-called "reciprocal tariff" on China, plus the existing 20% tariff, the increased tax will reach $296.86. The cost of a mobile phone rose to $876.79, an increase of more than 50%. According to Morgan Stanleys forecast, the cost of this round of tariffs may cause Apple losses of up to $33 billion per year.

On April 8, the State Administration for Market Regulation reported the results of the national supervision and random inspection of 27 types of product quality. A total of 8,218 batches of products from 7,841 production units and 2,937 sales units were inspected, and 740 batches of unqualified products were found. Follow-up inspections found 287 production units that failed the last inspection, of which 46 production units still had unqualified products. Products with a high rate of unqualified inspections mainly include: synthetic resin emulsion interior wall paint, automatic rice cookers, electric hand warmers, etc. In response to the problems found in this national supervision and random inspection of product quality, the State Administration for Market Regulation requires all relevant provincial market supervision departments to quickly handle the follow-up work.

Deutsche Bank: The Reserve Bank of Australia is expected to cut interest rates by 50 basis points at its May meeting, compared with the previous expectation of a 25 basis point cut.

Hong Kong stocks strengthened, with the Hang Seng Index up 2% and the Hang Seng Tech Index up more than 4%.

Futures News on April 8, London spot gold price fluctuated and fell back overnight, closing below $3,000. The Federal Reserve held a closed-door meeting last night, mainly to review and confirm the advance and discount rates charged by the Federal Reserve Bank. This meeting was held at a time when Trumps tariff policy triggered a major adjustment in the capital market. The swap market even showed a 40% probability of an emergency rate cut next week. The sharp adjustment of gold prices overnight was mainly due to the implementation of previous uncertainties. At the same time, due to the exemption of precious metals from the reciprocal tariff policy, the logic of the previous spot trade tension pushing up gold prices failed. In the short term, under the reciprocal tariff that far exceeded market expectations, investors concerns about the potential "stagflation" in the future of the United States have deepened. In the future, "stagflation" may be the baseline scenario for the US economy, and under the "stagflation" scenario, gold prices are expected to continue to be strong. In addition, due to the implementation of previous uncertainties and the closing of profit-making funds, the pressure on gold prices to pull back from high levels has increased, and volatility may increase. In the medium and long term, the central banks gold purchases are sustainable, coupled with the global currency flooding and de-dollarization trend, which will continue to support the upward trend of the gold price center, and gold may remain strong in the future. Pay attention to the US March inflation data this week and the reactions of various countries to the US reciprocal tariff policy.

Hang Seng Index futures rose 2% in daily trading.

The Hang Seng Index in Hong Kong opened up 329.22 points, or 1.66%, at 20,157.52 points on Tuesday, April 8; the Hang Seng Technology Index opened up 145.87 points, or 3.31%, at 4,547.38 points on Tuesday, April 8; the CSI 300 Index opened up 124.96 points, or 1.72%, at 7,387.68 points on Tuesday, April 8; and the H-share Index opened up 14.94 points, or 0.43%, at 3,484.12 points on Tuesday, April 8.

On April 8, it was learned from the China Development Bank that in the first quarter of this year, the China Development Bank increased resource allocation and policy support, and invested credit resources precisely in major strategies, key areas and weak links. It provided 185 billion yuan in new RMB loans to the top ten economic provinces in terms of total economic output, an increase of 50.5 billion yuan year-on-year, to support these provinces in accelerating and increasing the efficiency of major projects and developing new quality productivity.

USD/CNY reported 7.2038, up 58 points (RMB depreciation); EUR/CNY reported 7.9155, down 201 points; HKD/CNY reported 0.92701, up 8.9 points; GBP/CNY reported 9.2563, down 876 points; AUD/CNY reported 4.3729, up 174 points; CAD/CNY reported 5.1019, up 98 points; JPY/CNY reported 4.9160, down 782 points; RMB/RUB reported 11.7808, up 1927 points; NZD/CNY reported 4.0408, up 72 points; RMB/RMB reported 0.61901, up 43.4 points; CHF/CNY reported 8.4216, down 391 points; SGD/CNY reported 5.3601, down 118 points.

The central parity rate of the RMB against the US dollar was lowered by 58 points to 7.2038 from the previous day, and the central parity rate depreciated to the lowest level since September 11, 2023.

Hang Seng Index futures opened up 0.86% at 19,950 points, 122 points higher than the previous session.

Futures News on April 8, SC crude oil fell nearly 6% in early trading. At the beginning of last week, we continued to remind that the trading theme of the crude oil market may switch from the supply risk caused by the USs increased sanctions on Iran, Russia and Venezuela to the oil demand concerns caused by the trade war. The suppression effect of Brent at $75/barrel and SC550 yuan/barrel is still effective, and the short-term risk of crude oil prices is biased to the downside. The decline in oil prices driven by the OPEC+ strategy of increasing production and reducing prices partially hedges the inflationary pressure caused by the trade war in the United States. If the US tariff policy is not reversed before April 9, the downward pressure will continue. Pay attention to the cost support of WTI 55-60 US dollars/barrel (corresponding to Brent 60-65 US dollars/barrel, SC430-470 yuan/barrel).

Japanese Finance Minister Katsunobu Kato: We will continue to pay attention to market developments with a sense of urgency.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: Japanese Prime Minister Shigeru Ishiba is considering visiting the United States to meet with US President Trump and pay attention to the progress of the ministers negotiations.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: Japanese Economic Revitalization Minister Ryosawa has been appointed as the chief negotiator for US tariff negotiations.

According to a report released by the Indonesian Meteorological, Climate and Geophysical Bureau on April 8, at 2:48 local time on April 8, a magnitude 6.2 earthquake occurred in the sea 192 kilometers northwest of Sinabang Town, Aceh Special Region, Indonesia. The epicenter was located at 2.82 degrees north latitude and 94.67 degrees east longitude, with a focal depth of 10 kilometers. No tsunami risk is expected.

Japanese Economic Revitalization Minister Ryomasa Akazawa: (When asked about media reports that he will be appointed as trade negotiator with the United States) Prime Minister Shigeru Ishiba has not contacted me yet.