STARTRADER：亚市跟随美联储节奏 原油供过于求迫在眉睫 油价挣扎

Group 1 - Asian stock markets are buoyant following weak U.S. employment data, with expectations of an interest rate cut by the Federal Reserve [1] - The MSCI Asia Index rises, led by Japan, while the S&P 500 and Nasdaq futures also show slight increases due to anticipated Fed actions [1] - Chinese stock markets, however, experience a decline of over 2% due to concerns over a $1.2 trillion margin financing event, prompting potential tightening of monetary policy [1] Group 2 - The bond market remains favorable as traders expect two more interest rate cuts from the Federal Reserve by the end of the year [3] - Global bond yields decline in response to falling U.S. Treasury yields, with non-farm payroll data being a critical indicator for future monetary policy [3] - Gold prices have seen a drop after seven consecutive days of increases, although long-term trends indicate structural support from central banks [3] Group 3 - Brent crude oil prices fall to $67 per barrel, while West Texas Intermediate drops below $64, with discussions of "oversupply" rather than "scarcity" emerging [5] - OPEC+ considers increasing production, which seems counterintuitive given the current market conditions, as supply growth outpaces demand absorption [5] - Geopolitical factors, including U.S. sanctions on Russian oil, complicate the oil market, with traders noting that oil continues to flow to China and India despite sanctions [6] Group 4 - The market shows a divergence: stock markets are buoyed by Fed's accommodative policies, gold receives support from central banks, while oil struggles under supply surplus pressures [6] - Liquidity remains a dominant force in the market, but its distribution is uneven across different asset classes [6]