本周外盘看点丨美联储最关注的通胀指标将出炉,国际金价能否再创新高
Di Yi Cai Jing·2025-09-21 03:27

Core Viewpoint - The market is assessing the future pace of Federal Reserve interest rate cuts, closely monitoring various economic data this week, while central banks in Switzerland, Sweden, and Mexico are set to announce their interest rate decisions [1][3]. Economic Data and Market Performance - Major central banks, including those in Canada, Norway, and Indonesia, have announced interest rate cuts, while the UK, Japan, and Brazil have opted to maintain their rates [1]. - U.S. stock markets reached new highs, with the Dow Jones up 1.05%, Nasdaq up 2.21%, and S&P 500 up 1.22% for the week [1]. - European stock indices showed mixed performance, with the UK FTSE 100 up 0.72%, while Germany's DAX 30 and France's CAC 40 fell by 0.25% and 0.36%, respectively [1]. - International gold prices hit a historical high [1]. Upcoming Economic Indicators - Key U.S. economic data to be released includes Personal Consumption Expenditures (PCE), Purchasing Managers' Index (PMI), and durable goods orders, which are expected to influence the assessment of future interest rate cuts [1][3]. - In Europe, preliminary PMI data for the Eurozone and the UK will provide insights into the economic conditions amid tariff challenges [1]. Inflation and Monetary Policy - The PCE, a crucial inflation measure favored by the Federal Reserve, is set to be released this week, with investors evaluating the impact of tariffs on inflation [3]. - Recent data indicates a deterioration in the U.S. labor market, prompting attention to further evidence of economic slowdown [3]. Treasury Auctions - The U.S. Treasury plans to auction $69 billion in various maturities of government bonds this week, with market attention on the auction outcomes as the debt ceiling approaches [4]. Corporate Earnings - Upcoming earnings reports from companies such as Micron Technology, Costco, and Accenture are anticipated this week [5]. Oil and Gold Market Trends - International oil prices experienced a slight decline, with WTI crude down 0.02% to $62.68 per barrel and Brent crude down 0.46% to $66.68 per barrel, amid concerns over global energy supply and demand [6]. - Gold prices have shown resilience, with COMEX gold futures rising 0.61% to $3,671.50 per ounce, marking the fifth consecutive week of gains [6][7]. European Economic Outlook - European economic data this week will focus on confidence indicators, with expectations of slight improvements in Germany's manufacturing and services PMI, while France may see a decline due to political instability [8]. - The European Central Bank's recent optimistic tone has reinforced expectations for a pause in the easing cycle [8][9].