Sou Hu Cai Jing·2026-01-29 03:44Group 1: Gold and Silver Market - International gold prices surged on Wednesday, breaking multiple key levels within a single trading day, reaching both intraday and closing historical highs. The price rose from below $5,100 per ounce to above $5,400 per ounce, closing at $5,303.60 per ounce, marking a 4.35% increase [21][23] - New York silver prices also followed gold's upward trend, increasing by over 7% on the same day, closing at $113.534 per ounce, with a rise of 7.15% [21][23] Group 2: Federal Reserve and Economic Outlook - The Federal Reserve concluded its January meeting by maintaining interest rates, aligning with market expectations. The statement indicated steady expansion in U.S. economic activity and signs of stabilization in the job market, while reiterating that inflation pressures remain slightly elevated [6][8] - The Fed's decision to pause after a cumulative rate cut of 75 basis points in the second half of the previous year suggests a cautious approach moving forward, with expectations of potentially two rate cuts later in the year [8][10] Group 3: Technology Sector Earnings - Major tech companies, including Microsoft, Meta, and Tesla, reported earnings after the market closed on Wednesday, drawing investor attention to their capital expenditures. Microsoft reported better-than-expected revenue and net income, but its capital expenditures reached a historical high, raising concerns about the return on investment in AI [12] - Meta's earnings significantly exceeded expectations, driven by AI applications enhancing advertising revenue, leading to a 7.4% increase in its stock price post-earnings [14] - Tesla's revenue and earnings also surpassed expectations, despite a decline in electric vehicle sales. The company's focus on AI and autonomous driving initiatives contributed to a 1.9% increase in its stock price [16] Group 4: European Market Performance - The German government downgraded its economic growth forecasts for the next two years, raising concerns about the economic outlook in Europe. This led to a decline in stock prices across several European markets, with the UK market down 0.52%, France down 1.06%, and Germany down 0.29% [18] Group 5: Oil Market Update - U.S. crude oil inventories decreased by approximately 2.3 million barrels, exceeding market expectations, coupled with ongoing geopolitical tensions in the Middle East, resulting in an increase in international oil prices. Light crude oil futures closed at $63.21 per barrel, up 1.31%, while Brent crude oil futures closed at $68.40 per barrel, up 1.23% [20]