GoldenOctober2024

Global gold demand is expected to rise by 1% in the first quarter of 2025, reaching 1,206 tons, the highest level since 2016. The surge in gold ETF inflows has driven total investment demand to 552 tons, a year-on-year increase of 170%. Demand for gold bars and coins remains high, while global gold jewelry demand has fallen to its lowest level. Purchases by Central Banks decreased by 21%.

Goldman Sachs released a research report indicating that WuXi AppTec performed strongly in the first quarter of this year, with the company forecasting results in line with expectations and anticipating a strong rise in the TIDES business. The forecast for the company's revenue and net profit for 2025-2027 has been raised, with the target price increased from HKD 70.9 to HKD 74.9, maintaining a "neutral" rating.

Jin10 reported on April 30, local time, that Oleg Synegubov, the military and political chief of Kharkiv Oblast in Ukraine, stated that Russia used drones to attack Kharkiv, resulting in 45 injuries. There has been no response from the Russian side.

Robotec said that it has evaluated the U.S. tariff policy and believes that the impact on ficonTEC optical transceiver equipment is very small, because the equipment is mostly delivered to Thailand, Israel and other places, even if it is delivered directly to the United States, the contract is settled on EXW trade terms, and the buyer usually bears the tariff. The customer has not yet requested a change in the terms of trade.

Jin10 data reported on April 30, Didi Chuxing predicts that on the last day before the holiday (April 30), the evening rush hour for taxis will start earlier at 15:00 and last until 21:00, with taxi demand expected to rise by about 55% compared to normal.

On April 30, according to the New York Post, Musk no longer works in the White House on a regular basis. He is preparing to phase out of his official role in the "Ministry of Government Efficiency", but there have been no reports that he has stopped coming to work in person. White House Chief of Staff Susie Wiles said, "I'm communicating with him now on the phone, not in person, but the end result is the same." ”

Jin10 data reported on April 30 that Australia's CPI for the first quarter slightly exceeded expectations, but the core inflation annual rate still slowed to a three-year low, providing a reason for a rate cut next month. Data from the Australian Bureau of Statistics on Wednesday showed that the CPI rose by 0.9% in the first quarter, slightly above the expected 0.8%. The annual CPI rate remained stable at 2.4%. The trimmed mean CPI, which measures core inflation, rose by 0.7% in the first quarter, again exceeding the forecast increase of 0.6%. The annual rate slowed from 3.2% to 2.9%, returning to the Reserve Bank of Australia's target range of 2% to 3% for the first time since the end of 2021.

Jin10 data reported on April 30, local time on April 30, Intel announced its latest process technology roadmap, which includes 18A-P, 14A, and others. Intel CEO Pat Gelsinger stated that Intel 18A is expected to achieve mass production ramp-up in the second half of 2025, with the first product based on this process node, codenamed Panther Lake, set to launch by the end of 2025. Additionally, early test wafers for Intel 18A-P have already begun production. Furthermore, Intel's Fab 52 facility in Arizona has completed the tape-out for Intel 18A.

Starbucks CEO Brian Niccol stated that the company will increase its investment in employees while reducing its investment in equipment, focusing on enhancing the customer experience. This breaks industry trends and emphasizes the importance of human resources. Starbucks will gradually increase its workforce to improve store operations, with plans to add employees at approximately 3,000 US stores by the end of the year.

Goldman Sachs' latest research report points out that the U.S. goods trade deficit in March widened more than expected. The increase in consumer goods imports is the main reason, possibly due to a "rush" before tariffs. Import growth is strong, export growth is moderate, and inventory accumulation is accelerating. It is expected that the U.S. first-quarter GDP growth rate will be revised down to -0.8%.

Twenty-four states and Washington D.C. have filed a lawsuit against the "American Volunteer Corps," accusing it of layoffs and terminating its projects. The Democratic attorneys general and governors argue that the government illegally scaled down the agency, infringing on congressional powers. The lawsuit points out that the large-scale layoffs and project terminations have sparked controversy.

Jin10 reported on April 30 that on April 29 local time, the U.S. Department of Homeland Security announced that officials have deported more than 142,000 undocumented immigrants since President Trump took office.

Jin10 Data, April 30th - Canadian Prime Minister Mark Carney and the Liberal Party will form a minority government. After a long counting process, the Liberal Party won 169 seats, the Conservative Party won 144 seats, the Bloc Québécois won 22 seats, the New Democratic Party won 7 seats, and the Green Party won 1 seat. In the early hours of April 29th local time, current Prime Minister Mark Carney, who led the Liberal Party of Canada to victory in the 45th Canadian Federal House of Commons election, delivered a speech announcing the election victory.

The White House stated that Trump is confident in signing a key mineral protocol with Ukraine to enhance support for Kyiv. The protocol aims to control mineral resources, promote localization rights, and facilitate Ukraine's reconstruction. Both parties aim to sign the protocol this week to regulate resource development and infrastructure reconstruction.

Jin10 Data, April 30 - International oil prices fell on the 29th. As of the close of that day, the price of light crude oil futures for June delivery on the New York Mercantile Exchange fell by $1.63, closing at $60.42 per barrel, a decline of 2.63%; the price of Brent crude oil futures for June delivery fell by $1.61, closing at $64.25 per barrel, a decline of 2.44%.

The US Dollar Index rose by 0.23%, closing at 99.237. The Euro and British Pound fell against the US Dollar, with 1 Euro at 1.1382 USD and 1 British Pound at 1.3402 USD. The Yen's exchange rate rose, with 1 USD at 142.29 Yen; the Franc's exchange rate rose, with 1 USD at 0.8242 Swiss Francs; the Canadian Dollar and Swedish Krona also saw increases in their exchange rates.

As of 2:30 PM closing, the Shanghai gold market maker contract fell by 0.29%, reporting 785 yuan/gram, the Shanghai silver market maker contract rose by 0.12%, reporting 8226 yuan/kilogram, and the SC crude oil market maker contract fell by 2.07%, reporting 478 yuan/barrel.

Jin10 data reported on April 30, local time April 29, Canadian Prime Minister Carney stated that Canada deserves respect from the United States and will only negotiate trade and security with President Trump "on our terms." Carney said he would only visit Washington if there is a need for "serious discussions" and respect for Canadian sovereignty.

Jin10 reported on April 30 that on April 29 local time, the U.S. Senate confirmed David Perdue as the U.S. Ambassador to China with a vote result of 67 in favor and 29 against.

Jin10 News, April 29 - On April 29 local time, Russian President Putin held a private meeting with Belarusian President Lukashenko in Volgograd. During the meeting, both sides discussed further development and expansion of industrial cooperation in fields such as aircraft manufacturing and drone manufacturing. Putin stated that Russia is ready to jointly establish a joint aircraft factory and a drone systems laboratory with Belarus, and relevant agreements on aircraft manufacturing have been reached. Putin also noted that the economic cooperation results between Russia and Belarus are significant.