Group 1: Gold Market - The price of spot gold dropped by 2.7% to $4002.29 per ounce, reaching a three-week low, while December futures fell by 2.9% to $4019.70 per ounce [3] - Prior to this decline, gold prices had surged from $3800 to $4400 per ounce in the first three weeks of October, attracting many investors [3] - The drop in gold prices is linked to easing trade tensions, which reduced demand for safe-haven assets, as noted by High Ridge Futures' metal trading head [3] Group 2: Asian Stock Markets - Asian stock markets experienced a downturn, with the MSCI Asia-Pacific Index (excluding Japan) falling by 0.1% and the Nikkei Index declining by 0.2% after a previous 2.5% rise [5] - The South Korean Composite Stock Price Index dropped by 1.4% despite positive third-quarter economic growth data [5] - The gold sector in A-shares was also affected, with Shandong Gold's stock price falling by 3.2% on October 28, indicating increased selling pressure [5] Group 3: Federal Reserve and Interest Rates - The upcoming Federal Reserve interest rate decision is highly anticipated, with over 97% of the market expecting a 0.25 percentage point cut, and some advocating for a more aggressive 50 basis point reduction [7] - The yield on 10-year U.S. Treasury bonds remained stable at around 3.98% prior to the decision [7] Group 4: Oil and Currency Markets - The oil market saw a slight decline in prices due to OPEC+ production increase news [8] - The currency market remained stable, with the dollar index consolidating and the euro slightly rising to 1.1659 against the dollar [8] Group 5: Market Outlook - Despite recent market volatility, experts remain optimistic about gold's long-term potential, predicting it could reach $5000 per ounce [10] - Upcoming earnings reports from major technology companies may provide new momentum for the stock market [10]
血亏!金价遭“闷杀”,亚洲股市歇火,贸易预期成元凶?
Sou Hu Cai Jing·2025-10-29 23:11