海外市场周观察：非农数据疲弱，美元指数和美债收益率反而收涨

Group 1 - The non-farm payroll data for October showed a weak increase of only 12,000 jobs, significantly below the market expectation of 113,000 jobs, leading to a short-term drop in the dollar index but a subsequent rise in both the dollar index and U.S. Treasury yields [1][2][35] - The unemployment rate remained stable at 4.1%, indicating that the weak job growth does not necessarily reflect a deterioration in the economic fundamentals [1][2][35] - The core PCE inflation rate for September was reported at 2.7%, slightly above the expected 2.6%, which contributes to the Fed's reluctance to implement significant rate cuts despite the weak employment data [1][2][35] Group 2 - Major tech companies such as Google, Amazon, Microsoft, and Apple reported earnings that mostly exceeded market expectations, but their stock prices faced pressure due to high valuations and election risks [2][38] - The upcoming U.S. election results are expected to influence market expectations regarding inflation and future Fed policy, with potential for continued high volatility in overseas assets until the election outcome is known [2][38] Group 3 - The ISM manufacturing PMI for October was reported at 46.5, lower than both the previous value of 47.2 and the expected 47.6, indicating a contraction in the manufacturing sector [2][39] - Initial jobless claims for the week ending October 26 were reported at 216,000, down from the previous week's 228,000, while continuing claims for the week ending October 19 were 1.862 million, down from 1.888 million [2][39] Group 4 - Global major asset classes showed mixed performance, with CBOT soybean oil rising by 5.07%, while IPE crude oil fell by 3.90%, indicating volatility in commodity markets [3][58] - The Nikkei 225 index saw a modest increase of 0.37%, while the South Korean index dropped by 1.58%, reflecting varied performance across global equity markets [3][62]