Market Overview - The US stock market experienced a rebound on Friday (August 22) after Federal Reserve Chairman Powell indicated an openness to interest rate cuts, leading to increased expectations for a September rate cut [1] - For the week, the Dow Jones increased by 1.53%, the S&P 500 rose by 0.26%, while the Nasdaq fell by 0.58% [1] Oil Market - International oil prices saw a significant increase due to the lack of progress in peace negotiations between Russia and Ukraine, which suggests that US sanctions on the Russian oil industry will continue [4] - US crude oil inventories showed a substantial decrease, contributing to oil prices rising for the first time in three weeks, with West Texas Intermediate (WTI) oil up by 1.37% and Brent crude up by 2.85% [4] Gold Market - International gold prices rose by over 1% as some investors bought on dips following a period of decline, supported by expectations of a Fed rate cut and a weaker dollar [5] Economic Indicators - The market is closely watching the US July Personal Consumption Expenditures (PCE) price index, a key inflation indicator for the Federal Reserve [6] - Economists expect the core PCE index to remain unchanged at a month-on-month increase of 0.3%, with a slight year-on-year rebound to 2.9% [8] - Analysts believe that the upcoming inflation data may not hinder the Fed's rate cut in September, but higher-than-expected inflation could dampen rate cut expectations beyond September [9] Earnings Reports - Several technology companies are set to release their latest earnings reports this week, which will be closely monitored by the market [10]
上周国际油价金价均上涨,美国将公布关键通胀指标引关注
Sou Hu Cai Jing·2025-08-25 04:39