According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending August 18, COMEX gold speculators' net long positions increased by 4,054 contracts to 145,922 contracts. COMEX silver speculators' net long positions increased by 4

Bernstein raised its price target for NetEase (NTES.O) from $150 to $160.

Domestic News 1. The National Development and Reform Commission (NDRC) publicly solicited opinions on the "Draft Amendments to the Measures for the Administration of Outward Investment." 2. Tesla (Shanghai) Co., Ltd. and Tesla Motors (Beijing) Co., Ltd. recalled some domestically produced and imported pure electric vehicles. 3. The State Council Executive Meeting: We must actively adapt to the new round of technological revolution and industrial transformation, firmly grasp the opportunities presented by the construction of the next-generation communication network, and consolidate and enhance the competitive advantages of my country's information and communication industry. 4. Ministry of Finance: From January to July, national general public budget revenue increased by 5.8% year-on-year; stamp duty reached 353 billion yuan, an increase of 38% year-on-year, of which securities transaction stamp duty reached 186.4 billion yuan, an increase of 99.2% year-on-year. International News 1. Spot gold and silver briefly surpassed the $4,600 and $70 marks during trading, respectively, for the first time since May and June. 2. Trump: Up to 300,000 tons of beef will be imported without additional tariffs for the next 90 days, at a price 25% lower than the current market price. 3. Castle Securities: Over 80% of the overall risk in the situational awareness fund's portfolio has been stripped away through block trades. 4. Middle East Situation: ① Israeli sources: The likelihood of a short-term military confrontation with Iran has decreased. ② Iran's "economic war" plan against the US has been exposed, with Yanbu and Fujairah becoming the targets. ③ Iranian lawmaker Qassem: A proposal demanding Iran's withdrawal from the Treaty on the Non-Proliferation of Nuclear Weapons has been submitted to parliament and is currently being pushed forward. ④ Iran: Will respond to enemy threats with devastating action. ⑤ Iranian President calls for ending the war against the US while maintaining a strong position.