Market Overview - Trade tensions eased, leading to a rebound in US stocks, with major indices rising over 1% for the week [4] - Regional bank stocks rebounded, with the regional bank index up nearly 2%, following financial reports that alleviated concerns over bad debts [4] - Gold prices reached a nine-week consecutive rise, with futures up over 5% for the week, marking the largest weekly gain in nearly five months [4] - The offshore RMB briefly rose above 7.12, reaching a three-week high before experiencing a decline [4] Key Events - The 20th Central Committee's Fourth Plenary Session was held from October 20 to 23, focusing on the formulation of the 15th Five-Year Plan [5][15] - A video call took place between Chinese Vice Premier He Lifeng and US Treasury Secretary Janet Yellen, discussing important bilateral economic issues and agreeing to hold new trade consultations soon [5][16] - The Chinese government announced a policy adjustment for duty-free shopping for travelers in Hainan, effective November 1 [6][17] Company News - Truist Financial reported a nearly 4% increase in stock price after financial results showed loan provisions below analyst expectations, easing market fears [17][21] - Ally Financial and Fifth Third also saw stock price increases, with Fifth Third's credit officer expressing confidence in the credit quality of their loan portfolio [21] - China's Zijin Mining reported a 57.14% year-on-year increase in net profit for Q3, driven by production increases and favorable gold prices [23] Economic Indicators - China's fiscal revenue for the first three quarters increased by 0.5% year-on-year, with a significant rise in transaction stamp duty revenue by 103.4% [20] - The US Treasury yield for ten-year bonds was approximately 4.01%, with a slight increase of about 4 basis points on the day [10]
华尔街见闻早餐FM-Radio | 2025年10月20日
Hua Er Jie Jian Wen·2025-10-19 23:03