海外高频 |美联储9月例会降息，全球多数股指延续上涨（申万宏观·赵伟团队）

Group 1 - The Federal Reserve lowered interest rates by 25 basis points to a range of 4.00-4.25% during the September meeting, revising economic and inflation forecasts upward, indicating potential for three more rate cuts by 2025 [1][42] - The S&P 500 index rose by 1.2% and the Nasdaq index increased by 2.2% during the week, reflecting a positive market response [1][2] - The U.S. retail sales for August increased by 0.6%, surpassing market expectations of a decline of 0.2%, driven by improvements in online shopping and dining services [1][46] Group 2 - The fourth round of U.S.-China trade talks resulted in a consensus on the TikTok issue, but limited progress was made on trade-related topics, with U.S. tariffs on China remaining high at 40.36% [1][28] - The average tariff rate for the U.S. on global imports is 9.75%, with significant contributions from China, which accounted for approximately $10.1 billion in tariff revenue [1][28][31] Group 3 - The 10-year U.S. Treasury yield rose by 8.0 basis points to 4.1%, indicating a shift in investor sentiment following the Fed's decision [1][10] - Emerging market 10-year bond yields mostly declined, with Turkey's yield dropping by 83.0 basis points to 29.6% [1][13] Group 4 - The Hang Seng Index and its technology sector saw increases of 5.1% and 1.1% respectively, while the financial and real estate sectors experienced declines [1][7] - In the Eurozone, most sectors declined, with communication services and materials down by 3.0% and 2.2% respectively, while technology and non-essential consumer sectors rose [1][5]