宏观周报：楼市情绪边际改善，美国就业数据超预期

Group 1: Economic Indicators - Eurozone's September harmonized CPI decreased by 0.1% month-on-month, below expectations, indicating easing inflation and potential for a 25 basis point rate cut by the ECB in October[4] - Japan's new Prime Minister stated that the economy is not ready for further rate hikes, with expectations for the BoJ to maintain current rates in October[5] - In the U.S., non-farm payrolls increased by 254,000 in September, significantly exceeding the expected 150,000, leading to a revision of Fed's rate cut expectations from 50 basis points to 25[7] Group 2: Real Estate Market - During the National Day holiday, there was a significant increase in property viewing and visiting rates, with many cities reporting varying degrees of sales growth, suggesting a potential stabilization in the real estate market[10] - In major cities, property viewing rates increased by over 50% compared to the previous year, with some areas seeing new home sales rise by 569%[11] Group 3: Consumer Behavior - Approximately 2.008 billion people traveled across regions during the National Day holiday, with a daily average increase of 4.1% year-on-year, indicating strong consumer travel intent[12] - Consumer spending during the holiday saw a 25.1% year-on-year increase in daily sales revenue across related industries, with significant growth in durable goods[12] Group 4: Commodity Prices - Brent crude oil prices rose by 5.11% during the holiday period, while WTI prices increased by 5.43%, reflecting geopolitical tensions in the Middle East[14] - Agricultural product wholesale prices fell by 0.60% week-on-week, with vegetable prices decreasing by 1.07% and pork prices dropping by 3.62%[15]