银河期货： 市场对美联储次降息预期持续走高 贵金属强劲走势有望延续

Group 1: Gold Futures Performance - On September 16, the main gold futures in Shanghai reported at 840.04 CNY per gram, with an increase of 0.90% [1] - The opening price for the day was 833.48 CNY per gram, with a maximum of 842.20 CNY per gram and a minimum of 833.14 CNY per gram [1] Group 2: Macro News - Trump has once again called for the termination of the traditional corporate quarterly report disclosure [2] - The U.S. Trade Representative, Tai, indicated that the U.S. and China may extend the tariff truce period again [2] - The Senate has moved to confirm the Federal Reserve Board nominee, Milan, who was nominated by Trump [2] Group 3: Institutional Views - The upcoming FOMC meeting in September is expected to see a nearly complete pricing in of a 25 basis points rate cut, with market speculation focusing on the potential for faster and larger rate cuts in the future [3] - Recent macro "hard" data from the U.S. shows that while the August CPI rebounded, it remains moderate and aligns with market expectations; however, the disappointing non-farm payroll data and significant downward revisions highlight the fragility of the U.S. labor market [3] - Expectations for three rate cuts by the Federal Reserve this year continue to rise, which may lead to a new slight breakthrough in precious metals after several days of high-level consolidation, with strong performance likely to continue [3]