International
1. Macquarie: The US dollar is temporarily stable, but underlying concerns remain.
2. ING: Multiple pressures combined, the Canadian dollar may face downside risks.
3. CreditSights: Warsh's return intensifies the controversy surrounding the Fed's balance sheet reduction, and regulatory pressure may shift to the Treasury.
Domestic
1. CICC: $5500 is a key watershed for gold prices; Warsh is merely a catalyst.
2. CICC: In the short term, Warsh's nomination has limited impact on the interest rate cut path.
3. Huatai Securities: Multiple dimensions drive the valuation recovery of real estate stocks.
4. Huatai Macro: Warsh may attempt to promote a policy combination of "interest rate cuts + balance sheet reduction."
5. CITIC Securities: Gold is expected to rise to $6000 and silver to $120 by 2026.
6. CITIC Securities: One of the core objectives of the Trump administration is to promote a decline in long-term interest rates through personnel changes at the Fed.
7. CITIC Securities: Warsh's nomination as Fed Chair represents the policy intention of "US version of shifting from virtual to real economy." 8. CITIC Securities: Some positive signals have emerged in the current real estate market.
9. Shenwan Hongyuan: The market still expects the Federal Reserve to cut interest rates twice in 2026.
10. Galaxy Securities: With declining expectations of Fed rate cuts, Hong Kong stocks may continue to fluctuate.
11. Industrial Securities: Ample incremental funds are expected to continue driving the spring rally in depth.
