在服务类别内部，机械和设备批发的利润率出现下降，而食品批发商的利润率则有所上升。此外，航空客运服务成本也出现上涨。 这一数据公布时点距离报告已有一个月，当时CPI数据显示通胀低于预期，而批发价格数据则显示企业可能正限制涨价幅度。 能源主导商品价格上涨 数据显示，美国9月批发商品价格环比上涨0.9%，其中60%的涨幅归因于汽油成本上升。数据还显示，能源价格波动继续成为批发通胀的主要 驱动因素。 相比之下，服务成本在9月环比持平，此前8月服务成本出现下降。这表明批发环节的价格压力主要集中在商品领域。 美国关键通胀指标之一——生产者物价指数（PPI）环比上涨，显示通胀在9月重新升温，能源和食品价格上涨成为主要推动力，为美联储货币 政策决策增添新的考量因素。 美国劳工统计局周二公布的数据显示，9月PPI环比上涨0.3%，预期上涨0.3%，此前8月下降0.1%。剔除食品和能源的核心PPI环比上涨0.1%，预 期上涨0.2%，前值下跌0.1%。 同比数据方面，PPI较上年同期上涨2.7%，预期上涨2.6%，前值上涨2.7%。 核心PPI同比上涨2.6%，预期上涨2.7%，前值上涨2.9%。这是自2024年7月以来核心PP ...

每经记者｜李可愚 每经编辑｜毕陆名 近年来，随着我国居民消费不断升级，新商业模式快速兴起，消费已经成为中国经济增长的第一拉动 力。 7月16日上午，国家统计局发布的上半年国民经济运行数据显示，消费对经济增长的基础性作用在不断 地巩固。上半年，消费对经济增长的贡献率达到78.5%，比上年同期提高了14.2个百分点。而一季度最 终消费支出对经济增长的贡献率为77.8%，这意味着消费对国民经济的整体拉动作用又有显著提升。 《每日经济新闻》记者注意到，6月份，社会消费品零售总额30842亿元，同比名义增长9.0%，增速较5 月的8.5%有了明显的提升，结束了此前连续两个月社会消费品零售总额增速下滑的局面。 上半年猪肉价格降12.5% 数据显示，上半年，全国居民消费价格（CPI）同比上涨2.0%，涨幅比一季度回落0.1个百分点。分类别 看，食品烟酒价格同比上涨1.4%，衣着上涨1.1%，居住上涨2.3%，生活用品及服务上涨1.6%，交通和 通信上涨1.2%，教育文化和娱乐上涨2.1%，医疗保健上涨5.5%，其他用品和服务上涨1.1%。 当前我国整体居民消费价格水平为何能维持温和态势？今后一段时间内能否延续？对此，在当日 ...

Group 1 - The core point of the article is the recent decline in the U.S. Producer Price Index (PPI) for August, marking the first decrease in four months, which may provide a rationale for the Federal Reserve to consider interest rate cuts [1][3] - The August PPI data showed a month-on-month decrease of 0.1% and a year-on-year increase of 2.6%, indicating a potential easing of inflationary pressures [3][4] - The decline in PPI is primarily attributed to a drop in service costs, with service prices falling by 0.2% in August after a 0.7% increase in July, and wholesale and retail profit margins decreasing by 1.7%, the largest drop in over a year [4][5] Group 2 - The market reacted to the PPI data, with the 2-year Treasury yield falling by 4 basis points to 3.52% and the 10-year yield dropping by 2 basis points to 4.07%, indicating market expectations for a potential interest rate cut by the Federal Reserve [3][4] - The article emphasizes that the cautious pricing behavior of companies reflects their uncertainty about the economic environment, which could influence future inflation trends and the Federal Reserve's policy decisions [5] - The focus for investors should be on whether companies will begin to pass on tariff costs to consumers; if they do, inflation may experience fluctuations, but if they remain hesitant, the likelihood of steady interest rate cuts by the Federal Reserve increases [5]

Group 1 - The US dollar index rebounded by 0.5% from a two-week low, reducing the attractiveness of gold for buyers holding other currencies [1] - The US Producer Price Index (PPI) for July surged by 3.3% year-on-year, significantly exceeding the market expectation of 2.5% [1] - The core PPI for July increased by 3.7% year-on-year, up from 2.6% in June and above the expected 2.9% [1] - The month-on-month PPI for July rose by 0.9%, far surpassing the market forecast of 0.2%, marking the largest increase since June 2022 [1] - These data points dampened hopes for a Federal Reserve rate cut in September, with the probability of a 25 basis point cut dropping from 94.3% to 90.4% after the PPI release [1] Group 2 - The daily chart for gold shows prices below the flat 20-day simple moving average (SMA) around $3357 per ounce, indicating dynamic resistance [2] - The 100-day SMA is still moving upward but has lost upward momentum near $3301.80 per ounce [2] - Technical indicators remain neutral, with the Relative Strength Index (RSI) slightly declining, consistent with the ongoing weakness in gold prices [2] Group 3 - In the short term, the risk for gold prices is tilted downward, with prices trading below all moving averages [3] - The 20-period SMA is gaining downward traction between the directionless 100-period and 200-period SMAs [3] - Technical indicators are flattening but remain in negative territory, reflecting a recent rebound from lows without indicating further recovery [3] Group 4 - The daily chart for gold (XAUUSD) indicates a bearish bias [4] - Resistance levels are identified at 3342, 3357, and 3360, while support levels are at 3323, 3302, and 3282 [4] - Momentum is strong, with a quantitative cycle greater than three years and a reference value of ≥67.1% [4] Group 5 - The daily chart for the Euro against the US dollar (EURUSD) shows a bullish bias [5] - Resistance levels are at 1.1678, 1.1700, and 1.1721, while support levels are at 1.1634, 1.1581, and 1.1531 [5] - Momentum is moderate, with a quantitative cycle greater than three years and a reference value of ≥67.1% [5] Group 6 - Key economic indicators to watch include US retail sales for July, industrial production for July, initial expectations for the one-year inflation rate in August, and June commercial inventory month-on-month [5]

Group 1 - The core viewpoint of the articles revolves around the impact of recent economic data on gold prices, particularly the expectation of a Federal Reserve rate cut in September, which is seen as a catalyst for gold's potential upward movement [1][2] - The latest inflation data has strengthened market expectations for a rate cut, with the probability of a cut rising from 86% to 94% according to the CME FedWatch tool, driven by weak employment data and stable inflation [2] - The extension of the US-China tariff truce for 90 days until November 10 has provided stability to the gold market, enhancing its appeal as a hedge against geopolitical risks [2] Group 2 - Technical analysis indicates that gold prices are currently fluctuating around the middle band of the Bollinger Bands, with signs of potential upward movement on the daily chart, while the 4-hour chart shows a more bearish outlook [3][5] - The resistance level for gold is identified at around $3360, with a potential for a downward trend if this level is breached [3][5] - Suggested trading strategies include short positions on rebounds near $3357-$3360 and long positions on pullbacks near $3315-$3320, emphasizing the importance of stop-loss measures [4][5]

Group 1 - The Producer Price Index (PPI) in Australia for the second quarter increased by 3.4% compared to the same period last year [1]

Group 1 - The Producer Price Index (PPI) in South Korea increased by 0.5% year-on-year in June, compared to a 0.3% increase in the previous month [1]

Group 1 - The core point of the article indicates that Germany's Producer Price Index (PPI) for June decreased by 1.3% year-on-year, matching market expectations and showing a slight decline from the previous value of -1.2% [1]

Group 1 - The core viewpoint of the news indicates that the gold market is currently experiencing a bearish trend, with prices fluctuating around $3336.89 to $3352.19 per ounce, reflecting a slight decline of 0.22% [1] - The U.S. Producer Price Index (PPI) for June unexpectedly remained flat, contrasting with the market expectation of a 0.2% increase, which suggests that inflationary pressures may be easing, providing support for gold prices [3] - The Federal Reserve's Beige Book highlights the widespread impact of tariffs on the economy, with businesses reporting rising cost pressures being passed on to prices, which enhances gold's long-term value as a hedge against inflation [3] Group 2 - The daily gold price chart shows a pattern of highs and lows, indicating a volatile trading environment, with the price reaching a high of $3377 and a low of $3320, suggesting a potential consolidation phase [4] - The Bollinger Bands on the 4-hour chart are narrowing, indicating limited price movement, with gold prices expected to oscillate between $3370 and $3320 in the short term [5]

Core Viewpoint - The recent fluctuations in gold prices are influenced by geopolitical tensions, U.S. monetary policy uncertainty, and trade disputes, which have heightened market volatility and increased demand for gold as a safe-haven asset [3][4]. Fundamental Analysis - The independence crisis of the Federal Reserve and President Trump's comments about possibly firing Powell have caused market turbulence, leading to a drop in the dollar index and a rise in gold prices [3]. - Market expectations for a potential interest rate cut by the Federal Reserve in September have increased due to economic slowdown forecasts, which may favor gold prices [3]. - The U.S. Producer Price Index (PPI) for June remained flat month-on-month, easing concerns about immediate tightening of monetary policy, while year-on-year PPI showed an increase, indicating potential long-term inflation risks that could benefit gold [3]. - Geopolitical risks, particularly Israel's airstrikes in Syria, have intensified market risk aversion, boosting gold demand [3]. - Trade tensions, including Trump's threats of tariffs on EU imports and a unified tax rate on over 150 countries, have raised inflation and economic growth concerns, prompting investors to seek gold as a hedge [4]. Technical Analysis - Gold is currently within a triangular convergence range since reaching 3500, with recent volatility observed [5]. - Key support levels include the 5/30-day moving average around 3342 and the 10/20-day moving average near 3332/3330, with a critical support level at 3319 [7]. - Resistance levels to watch are the recent high of 3377 and the 3400 area, which has previously acted as a resistance zone [7]. - The four-hour chart indicates a complex structure, with key levels at 3282 and 3247 to monitor for potential downward breaks [9]. Upcoming Focus - Key economic data releases to watch include U.S. retail sales for June and initial jobless claims for the week ending July 12, which could impact market sentiment and gold prices [4].