Domestic Developments - The People's Bank of China maintained the one-year and five-year Loan Prime Rates (LPR) at 3.0% and 3.5% respectively, indicating room for monetary policy easing as demand for stable growth rises in Q4[6] - The Ministry of Commerce emphasized the continuous optimization of the business environment for foreign enterprises, with actual foreign investment reaching $708.73 billion by mid-2025, surpassing the target six months early[9] - The total scale of foreign-related receipts and payments reached $1.16 trillion in the first three quarters, a record high for the same period, reflecting a resilient foreign exchange market[10] International Developments - The U.S. government shutdown has entered its third week, with potential impacts on Q4 economic growth estimated at a reduction of 0.1% to 0.2% per week[15] - Japan's new Prime Minister, Fumio Kishida, announced an economic stimulus package potentially exceeding ¥13.9 trillion to address inflation and government debt pressures[17] - International gold prices saw a significant drop, with London gold falling over 6% to below $4,100 per ounce, driven by profit-taking and easing geopolitical risks[18] Commodity Price Trends - Brent crude oil prices decreased by 0.17% week-on-week, while iron ore prices fell by 1.34%[22] - The price of thermal coal increased by 4.58% week-on-week, indicating mixed trends in commodity prices[26] - Real estate sales in major cities increased by 2.42% week-on-week, but the average daily retail sales of passenger cars fell by 3% year-on-year[37]
“十五五”强化科技赋能,大宗商品震荡加剧
Southwest Securities·2025-10-24 08:43