Sou Hu Cai Jing·2025-08-10 23:37Core Viewpoint - The report from CITIC Securities indicates that poor economic and employment data in the U.S., combined with Trump's nomination of Stephen Moore as the chairman of the Council of Economic Advisers, has strengthened market expectations for a rate cut by the Federal Reserve in September, leading to a broad rally in the non-ferrous metals sector [1] Group 1: Economic Indicators - U.S. economic and employment data are performing poorly, which is influencing market sentiment [1] - The nomination of Stephen Moore to the Federal Reserve Board is contributing to expectations of a rate cut [1] Group 2: Market Impact - The anticipated monetary easing from the Federal Reserve is expected to benefit the non-ferrous metals sector [1] - The ongoing domestic initiative to optimize production factors and improve profitability across various segments is favorable for the transmission of rising metal prices to downstream industries [1] Group 3: Valuation and Market Trends - The valuation of the industrial metals sector is currently at a relatively low level, indicating potential for upward correction [1] - A bullish market for non-ferrous metals is beginning, characterized by a dual boost in EPS and PE [1]