白银一天跌6%，全球最大白银ETF却增持136吨。 跌得最难看的时候，钱反而进来了；更巧的是，金银比冲到73，正好落在过去四年拉扯水平。这次接住的究竟是一次反弹，还是潮水的转向？

日本财政部高级官员：七国集团（G7）和二十国集团（G20）会议并未具体讨论近期股市波动。

The IMF said it expects the Bank of Japan to deliver one more rate increase to move policy closer to neutral, but that subsequent adjustments should remain flexible amid rising global uncertainty. IMF staff estimate Japan’s neutral rate at 1.1–2.2% (midpoint ~1.5%); the BOJ’s current policy rate of 1.25% is within that range. The IMF warned that sustained high energy prices and greater corporate pass-through of costs will keep upward pressure on inflation, which it expects to rise above 2% and then gradually return toward that level by end-2027.