降息预期主导市场情绪：海外市场周观察（1124-1130）

Group 1 - The core view of the report indicates that the expectation of interest rate cuts by the Federal Reserve is driving market sentiment, leading to a strong performance in U.S. stocks and an increase in gold prices [2][8] - The report highlights that the U.S. retail sales for September increased by 0.2%, which was below the market expectation of 0.4% and the previous value of 0.6% [8] - The report notes that the probability of a 25 basis point rate cut in December has increased, with several Federal Reserve officials expressing support for such a move due to concerns about the labor market [9][10] Group 2 - In terms of asset prices, major global asset classes showed mixed performance, with COMEX silver rising by 12.88% and NYMEX platinum by 10.52%, while the U.S. dollar index fell by 0.71% [28][30] - The report states that the Nasdaq Composite Index had the highest increase among global equity markets, rising by 4.91%, followed by the S&P 500 at 3.73% and the Shenzhen Component Index at 3.56% [33][39] - The materials sector in the U.S. stock market saw the largest gain of 6.43%, while the healthcare sector in Hong Kong also performed well with a 4.94% increase [39] Group 3 - The report indicates that the global commodity market experienced mixed results, with COMEX silver showing the largest gain at 12.88% [46] - The report mentions that the 10-year government bond yields varied globally, with Japan's yield rising to 1.81% and France's yield falling to 3.41% [51][55] - The report highlights that the U.S. labor market remains resilient, with initial jobless claims for the week ending November 22 at 216,000, lower than the expected 225,000 [8][9]