Market Performance - US stock markets opened higher, with the Nasdaq increasing by 1%, the Dow Jones up by 0.56%, and the S&P 500 rising by 0.73% [1] - Chinese concept stocks also saw a collective rise, with the Nasdaq China Golden Dragon Index up over 0.5%, and individual stocks like Youdao rising nearly 8% and Zeekr increasing by almost 4% [2] Gold and Bitcoin Surge - Spot gold experienced a sudden surge, breaking the $4,300 mark and reaching a high of approximately $4,334, after previously dipping to around $4,220 [4] - COMEX gold rose over 2.7%, peaking at about $4,344 [4] - Bitcoin also saw a strong increase, rising by 1.8%, with over 100,000 liquidations in the cryptocurrency market within the last 24 hours [6] Economic Factors Influencing Market Movements - The upcoming Federal Reserve meeting on October 28-29 is anticipated to result in a 25 basis point cut in the benchmark interest rate to a range of 3.75%-4.00% [8] - The US government is currently in a "shutdown" state, causing delays in the release of several economic data points, which has increased market uncertainty. The Consumer Price Index (CPI) for September is expected to show a year-on-year increase of 3.1%, raising concerns among some decision-makers about the potential inflationary effects of further rate cuts [8] - On October 21, the Federal Reserve will hold a payment innovation conference to discuss stablecoins, artificial intelligence, and tokenization, which is seen as a significant development for real-world asset tokenization [9] - Federal Reserve Governor Waller emphasized that innovation in the payment sector is crucial for meeting the evolving needs of consumers and businesses, and the conference is expected to provide important policy signals for the future of the payment system [9]
黄金、比特币突然爆发，美联储大消息
Zheng Quan Shi Bao·2025-10-20 14:50