Di Yi Cai Jing·2025-12-07 03:27Market Overview - The market is experiencing support for risk assets due to rising expectations for a Federal Reserve interest rate cut, with major U.S. stock indices showing slight increases: Dow Jones up 0.50%, Nasdaq up 0.91%, and S&P 500 up 0.31% [1][11] - European indices showed mixed results, with the UK FTSE 100 down 0.55%, while Germany's DAX 30 rose 0.80% and France's CAC 40 fell 0.10% [1][11] Federal Reserve Insights - The Federal Reserve is expected to announce a third consecutive 25 basis point rate cut on December 10, amid concerns over a weak labor market and persistent inflation worries [2][12] - The market anticipates the release of the Fed's dot plot, which will provide insights into the pace and magnitude of future rate cuts, with expectations for 2-3 additional cuts by 2026 [2][12] Economic Data Releases - Key economic data releases next week include U.S. labor market indicators, such as unit labor costs and job openings, which are crucial for assessing economic health [2][12] - The U.S. Treasury will auction $58 billion in 3-year notes, $39 billion in 10-year notes, and $22 billion in 30-year notes, testing investor demand for long-term bonds [2][13] Corporate Earnings Focus - Companies such as Oracle, Adobe, Broadcom, and Costco are under scrutiny for their earnings reports, particularly due to concerns over excessive investment in AI and rising corporate debt [3][13] Central Bank Decisions - The Reserve Bank of Australia is unlikely to signal further rate cuts due to high inflation, with the October CPI rising to 3.8% [4][14] - The Bank of Canada is expected to maintain its current rate, influenced by strong employment data and GDP growth, despite ongoing trade negotiations with the U.S. [4][14] - The Swiss National Bank faces pressure to adopt a dovish stance due to weak GDP performance and negative producer price index growth, although recent PMI and retail sales data have exceeded expectations [5][15] Commodity Prices - International oil prices have stabilized, with WTI crude rising 2.61% to $60.08 per barrel and Brent crude up 2.20% to $63.75 per barrel [6][15] - Gold prices are fluctuating, with COMEX gold futures down 0.13% to $4,212.90 per ounce, as market focus remains on the Fed's monetary policy outlook [6][16] Economic Resilience in Europe - Eurozone inflation is nearing the European Central Bank's target, with November CPI rising to 2.2%, suggesting limited scope for significant monetary policy adjustments [8][18] - The UK GDP data for October is anticipated, with expectations for a 0.2% month-on-month growth, reflecting concerns over economic prospects [8][18]