The CITIC Futures research report highlights that, on a quarterly basis, assets closely tied to the AI sector are expected to continue outperforming those primarily driven by financial conditions, influenced by economic growth prospects. Consequently, CITIC Futures maintains its recommendation for a long position in IC, IH, copper, and aluminum as standard portfolio allocations.

Given the recent signs of cooling in AI-related trading and the uncertainties stemming from shifts in the Federal Reserve's monetary policy, the market is poised for continued volatility. Investors are advised to maintain a balanced portfolio, exercise prudence in the short term, and closely monitor opportunities in long dollar positions and Treasury curve strategies.

Meanwhile, gold is facing dual pressures from the US dollar and interest rate expectations. Its technical pattern has been disrupted, and there is significant resistance to any rebound, making a swift reversal of its downward trend improbable. Therefore, a wait-and-see approach towards gold is recommended in the short term. Investors may consider rebound opportunities if hawkish expectations from the Federal Reserve ease later in the third quarter.