CPI报告显示通胀温和 贵金属纷纷反弹收涨

Group 1 - The core point of the news is that the July CPI report from the US Labor Department shows moderate inflation, which raises expectations for a Federal Reserve rate cut, leading to a weaker dollar and a rebound in precious metals [1][2] - In July, the US CPI increased by 0.2% month-on-month, matching market expectations, and year-on-year it rose by 2.7%, below the expected 2.8% [2] - The core CPI, excluding volatile food and energy prices, rose by 0.3% month-on-month and 3.1% year-on-year, slightly above the expected 3.0%, marking the highest level since February [2] Group 2 - The overall moderate CPI data has removed a significant barrier for the Federal Reserve to cut rates, with traders raising the probability of a September rate cut to 95% [2] - Goldman Sachs analysts noted that the CPI data is "moderate and in line with expectations," providing room for a 25 basis point rate cut at the Fed's meeting on September 16-17 [2] - Morgan Stanley's chief economist indicated that the slight rise in core inflation is due to sticky service prices, but overall inflation remains manageable, suggesting the Fed may consider "insurance-style rate cuts" in response to slowing growth [2] Group 3 - Technical analysis indicates that spot gold is trading near the 3350 level, with a lack of clear direction as it hovers around the 5-day and 10-day moving averages [3] - Spot silver showed a slight rebound, stabilizing near the 37.50 support level, with potential for upward movement if it holds above the 38 level [3] - Spot platinum closed with a bullish engulfing candle, facing resistance at the 1340 level, with a potential challenge to 1370-1380 if it breaks through [3]