Core Viewpoint - The expectation for interest rate cuts has been reinforced, and any adjustments or pullbacks in gold prices may present buying opportunities for bullish investors [1]. Group 1: Gold Price Movements - On September 11, gold opened at $3641.64, reached a high of $3648.89, then fell to a low of $3613.45 before closing at $3633.75, with a daily fluctuation of $35.44 and a decline of $7.89, or 0.22% [3]. - The overall bullish trend for gold remains intact despite recent fluctuations, with strong support from various moving averages [3][5]. - The gold price is expected to test resistance levels at $3650, with potential upward movement towards new highs if these levels are breached [9]. Group 2: Market Influences - The U.S. dollar index is showing a downward trend, which may support gold prices in the short term [5]. - Upcoming economic indicators, such as the U.S. inflation rate and consumer confidence index, are anticipated to influence gold prices, with expectations of a decline in inflation and weakened consumer confidence being favorable for gold [5]. - Historical trends indicate that gold prices have been on an upward trajectory since last year, with potential targets of $3700 and $3770 in the near future [7]. Group 3: Silver Price Movements - Silver prices are also showing potential for recovery, with support levels at $41.35 and $41.20, and resistance levels at $41.80 and $42.00 [9].

Market Insights - The U.S. Senate is set to vote on the nomination of Milan to the Federal Reserve next Monday, with a procedural vote first, followed by a confirmation vote if approved [1] - The U.S. Consumer Price Index (CPI) rose by 2.9% year-on-year in August, up from 2.7% in July, while the core CPI, excluding food and energy, increased by 3.1% [1] - Initial jobless claims in the U.S. for the week ending September 6 were recorded at 263,000, indicating potential increases in layoffs amid a slowdown in hiring [1] European Central Bank and Monetary Policy - The European Central Bank (ECB) decided to keep the three key interest rates unchanged, with economic growth forecasts for the Eurozone adjusted to 1.2% for 2025, up from 0.9% [2] - The Bank of Japan is accelerating plans to reduce its substantial ETF holdings, which could involve a gradual market entry of assets worth 37 trillion yen [2] - The Turkish Central Bank significantly cut its one-week repo rate from 43% to 40.5%, exceeding investor expectations by 200 basis points [2] Energy Market Dynamics - The International Energy Agency (IEA) has raised its global oil supply growth forecast for this year by 200,000 barrels per day to 2.7 million barrels per day, while slightly increasing demand growth expectations to 740,000 barrels per day [3] - OPEC maintained its global oil demand growth forecasts for this year and next at 1.29 million barrels per day and 1.38 million barrels per day, respectively [3] Global Market Performance - The Dow Jones Industrial Average rose by 617.08 points to close at 46,108.00, a gain of 1.36%; the S&P 500 increased by 55.43 points to 6,587.47, up 0.85%; and the Nasdaq Composite climbed by 157.01 points to 22,043.07, a rise of 0.72% [4] Commodity Prices - COMEX gold futures fell by 0.23% to $3,673.40 per ounce, while silver futures rose by 1.12% to $42.07 per ounce [5] - Light crude oil futures for October delivery decreased by $1.30 to $62.37 per barrel, a drop of 2.04%; Brent crude oil futures for November delivery fell by $1.12 to $66.37 per barrel, down 1.66% [5] - The U.S. dollar index declined by 0.26% to 97.529, with various currency exchange rates showing fluctuations against the dollar [5]

每经AI快讯，8月29日，美国8月一年期通胀率预期终值为4.8%，预估5%，前值4.9%。 ...

Market Performance - On August 15, US stock indices showed mixed performance, with the Dow Jones Industrial Average rising by 0.08%, while the Nasdaq and S&P 500 indices fell by 0.40% and 0.29% respectively [4] - The large tech stocks experienced varied movements, with the US Tech Giants Index declining by 0.34%. META briefly rose nearly 2%, reaching a market capitalization of $2 trillion, but closed at $1.9726 trillion [6] - The Nasdaq Golden Dragon China Index increased by 0.74%, with notable gains from companies like Xunlei, which surged over 26% [6] Commodity Market - In the commodity market, spot gold prices rose by 0.01%, while international crude oil prices fell [2] - As of August 15, the price of light crude oil futures for September delivery dropped by $1.16 to $62.80 per barrel, a decline of 1.81% [8] Consumer Confidence and Retail Sales - The preliminary consumer confidence index from the University of Michigan for August was reported at 58.6, marking a decline from previous values [6] - US retail sales for July increased by 0.5%, aligning with expectations, while core retail sales also grew by 0.3% [7]

Group 1 - The initial value of the one-year inflation rate expectation in the United States for August is 4.9%, which is higher than the expected 4.4% and the previous value of 4.5% [1]

Core Insights - The final value of the inflation expectations for the 5 to 10-year period in the U.S. for July is 3.4%, which is lower than the expected 3.60% and unchanged from the previous value of 3.60% [1] Summary by Category - **Inflation Expectations** - July's final inflation expectation for the 5 to 10-year period stands at 3.4% [1] - This figure is below the market expectation of 3.60% [1] - The previous value was also 3.60%, indicating no change from the prior month [1]

Group 1 - The final value of the one-year inflation expectation in the US for July is 4.5%, which is higher than the expected 4.40% and matches the previous value of 4.40% [1]

Group 1 - Key Point 1: Japan's unemployment rate for June will be released at 07:30 [1] - Key Point 2: China's July S&P Global Manufacturing PMI will be announced at 09:45 [1] - Key Point 3: The National Development and Reform Commission will hold a press conference at 10:00 [1] Group 2 - Key Point 1: The UK Nationwide House Price Index for July will be published at 14:00 [1] - Key Point 2: France's July Manufacturing PMI final value will be available at 15:50 [1] - Key Point 3: Germany's July Manufacturing PMI final value will be released at 15:55 [1] - Key Point 4: Eurozone's July Manufacturing PMI final value will be announced at 16:00 [1] - Key Point 5: The UK's July Manufacturing PMI final value will be published at 16:30 [1] Group 3 - Key Point 1: Eurozone's July CPI year-on-year preliminary value will be released at 17:00 [1] - Key Point 2: Eurozone's July CPI month-on-month preliminary value will be available at 17:00 [1] Group 4 - Key Point 1: The US unemployment rate for July will be announced at 20:30 [1] - Key Point 2: The US seasonally adjusted non-farm payrolls for July will be released at 20:30 [1] - Key Point 3: The US average hourly earnings year-on-year for July will be published at 20:30 [1] - Key Point 4: The US average hourly earnings month-on-month for July will be available at 20:30 [1] - Key Point 5: The US July S&P Global Manufacturing PMI final value will be announced at 21:45 [1] - Key Point 6: The US July ISM Manufacturing PMI will be released at 22:00 [1] - Key Point 7: The US July University of Michigan Consumer Sentiment Index final value will be available at 22:00 [1] - Key Point 8: The US one-year inflation expectations final value for July will be published at 22:00 [1] - Key Point 9: The US June construction spending month-on-month will be released at 22:00 [1] Group 5 - Key Point 1: The total number of oil rigs in the US for the week ending August 1 will be announced at 01:00 the next day [1]

Group 1 - The initial value of the inflation expectation for the U.S. for the 5 to 10-year period in July is 3.6%, which is lower than the expected 3.90% and the previous value of 4.00% [1]

Group 1 - The initial value of the one-year inflation rate expectation for July in the United States is 4.4%, compared to a forecast of 5.0% and a previous value of 5.0% [1]