#数据 国家统计局发布10月份分年龄组失业率数据：全国城镇不包含在校生的16-24岁劳动力失业率为17.3%，较上月下降0.4个百分点。全国城镇不包含在校生的25-29岁劳动力失业率为7.2%，与上个月持平。全国城镇不包含在校生的30-59岁劳动力失业率为3.8%，下降0.1百分点。 https://t.co/70EavNUH9w ...

Report Industry Investment Rating - Not provided in the content Core View - The report provides a weekly hot - spot preview and key events to watch from November 17 - 21, 2025, including economic data releases from multiple countries and regions and their potential impacts on the futures market [2][3] Summary by Related Catalogs This Week's Key Focus - On November 19 at 18:00, the EU Statistics Bureau will announce the final value of the Eurozone's October CPI - On November 20 at 03:00, the Federal Reserve will release the minutes of the October monetary policy meeting - On November 20 at 09:00, the People's Bank of China will announce the November 20, 2025 loan prime rate (LPR), expected to be the same as the previous value - On November 20 at 20:30, the US Bureau of Labor Statistics will release the September non - farm payroll report - Attention should be paid to factors such as domestic macro - policy changes, international trade and tariff wars, international geopolitical situations, and speeches by US President Trump and Federal Reserve officials for their impacts on the futures market [2] This Week's Hot - Spot Preview November 17 - Japan's Cabinet Office will announce the preliminary value of Japan's Q3 GDP. The expected seasonally - adjusted real GDP quarterly rate is - 0.6% (previous value 0.5%), and the expected seasonally - adjusted annualized GDP quarterly rate is - 2.5% (previous value 2.2%) [3] - The central bank carried out an 800 - billion - yuan outright reverse - repurchase operation. With 300 billion yuan of 6 - month outright reverse - repurchase maturing in November, this means an additional 500 billion yuan of 6 - month outright reverse - repurchase was continued. It is bullish for stock index futures and commodity futures and relatively bullish for Treasury bond futures [4] - The National Energy Administration will announce China's total electricity consumption in October. The previous value was 888.6 billion kilowatt - hours, with a year - on - year increase of 4.5% [5] November 19 - The EU Statistics Bureau will announce the final value of the Eurozone's October CPI. The expected un - seasonally - adjusted annual rate of the harmonized CPI is 2.1% (same as the preliminary value in October, 2.2% in September's final value), and the expected un - seasonally - adjusted annual rate of the core harmonized CPI is 2.4% (same as the preliminary value in October and September's final value) [8] - The US Energy Information Administration will announce the change in EIA crude oil inventories for the week ending November 14. The previous value was an increase of 6.413 million barrels. A continued increase may suppress the prices of crude oil and related commodity futures [9] November 20 - The People's Bank of China will announce the November 20, 2025 LPR. The expected 1 - year LPR is 3.00% and the 5 - year - plus LPR is 3.50%, both the same as the previous values [10] - The Federal Reserve will release the minutes of the October monetary policy meeting, which will provide details of discussions on interest rates, inflation, and economic prospects and clues for future policy paths [11] - The US Bureau of Labor Statistics will release the September non - farm payroll report. The expected seasonally - adjusted new non - farm employment is 50,000 (previous value 22,000), and the expected unemployment rate is 4.3% (same as the previous value). Higher new non - farm employment and a stable unemployment rate may reduce the probability of a 25 - basis - point interest - rate cut at the December FOMC meeting and suppress the rise of commodity futures and stock index futures [12] - The US Department of Commerce will announce the October existing home sales. The expected seasonally - adjusted annualized total of existing home sales is 4.06 million households, the same as the previous value [13] - The EU Statistics Bureau will announce the preliminary value of the Eurozone's November consumer confidence index. The expected value is - 14.5 (previous value - 14.2) [14] November 21 - S&P Global will announce the preliminary value of Germany's November SPGI manufacturing PMI. The expected value is 49.8 (previous value 49.6) [15] - S&P Global will announce the preliminary value of the Eurozone's November SPGI manufacturing PMI. The expected value is 50.2 (previous value 50) [16]

Core Viewpoint - The market experienced significant volatility last week, with gold and silver showing a pattern of four days of gains followed by one day of decline, indicating a struggle between bullish and bearish forces [3][5]. Gold Market Analysis - Gold reached a high of 4245 but fell to a low of 4031 on Friday, suggesting a consolidation phase rather than a strong trend [3][5]. - The outlook for gold remains bullish for the year, with expectations that any significant declines will be temporary adjustments rather than a shift to a bearish trend [5]. - The trading range for gold this week is anticipated to be between 4030 and 4250, with a focus on potential rebounds from lower levels [5][6]. Silver Market Analysis - Silver also experienced fluctuations, peaking at 54.5 before dropping to 50, with a recommendation to maintain long positions [3][6]. - The target for silver this week is set at 53, with potential for a double top formation at 54.5 [6]. Domestic Gold Performance - Domestic gold contracts showed strong performance, with specific buy signals at 935 and 930, and a recommendation to exit positions at 970 and 965 to avoid losses from the Friday drop [6]. - Current targets for domestic gold are set at 955 for the week, maintaining a bullish outlook [6]. Domestic Silver Performance - Domestic silver contracts also saw significant gains, with buy signals at 46 and 47, and a peak at 54.5, followed by a recommendation to buy at lower levels [7]. - The target for domestic silver is set at 53, with a focus on maintaining long positions [7]. Crude Oil Market Analysis - International crude oil experienced a drop to 58.1 but rebounded to close at 59.5, indicating a potential for a range-bound trading pattern [7]. - The support level is identified at 58, with resistance at 62, suggesting a strategy of trading within this range until a breakout occurs [7]. Domestic Fuel Oil Analysis - Domestic fuel oil showed little volatility, closing around 2600, with a recommendation to maintain existing long positions while monitoring for upward movement [8].

Core Insights - Estonia's unemployment rate for Q3 2025 stands at 7.1%, showing a decrease of 0.3 percentage points compared to the same period last year and a decline of 0.7 percentage points from Q2 2025 [1] - The employment rate in Estonia is reported at 69.7%, which is an increase of 0.6 percentage points year-on-year [1] - The labor participation rate is at 75.1%, reflecting a rise of 0.5 percentage points compared to the previous year [1]

Group 1 - The September jobs report is expected to be released soon, but the October employment report will be incomplete due to the household survey not being finished [1] - The unemployment rate for October will remain unknown as a result of the incomplete data [1] Group 2 - Essential employees were brought back early to facilitate the processing of checks for furloughed employees, leading to positive morale among returning staff [2] - Payments for furloughed employees are anticipated to be issued early next week, reflecting an aggressive effort to expedite the disbursement process [2]

本月4日，澳大利亚储备银行(央行)宣布将现金利率维持在3.6%不变，理由是通胀高于预期，且劳动力 市场依然略显紧张。澳媒援引经济学家分析称，最新公布的数据意味着澳央行近期考虑降息的可能性较 小。(完) 来源：中国新闻网 澳大利亚10月失业率回落至4.3% 中新社悉尼11月13日电 澳大利亚统计局13日公布数据显示，经季节性因素调整，该国10月失业率从上 月的4.5%回落至4.3%。 这一数字与今年6月、7月和8月水平相当。数据显示，经季节性因素调整，今年10月澳大利亚就业人数 环比增加约4.22万人，同比增长约1.6%，至约1468.32万人；失业人数环比减少约1.7万人，同比增长约 7.8%，至约66.54万人。 澳大利亚统计局劳工统计部门负责人肖恩·克里克(Sean Crick)表示，与往年10月份相比，今年10月有更 多失业人员找到工作。全职就业人数增加约5.5万人，其中女性新增约2.9万人，男性增加约2.6万人。同 时，兼职就业人数减少约1.3万人。 此外，经季节性因素调整，澳10月劳动参与率保持在67%。其中，女性劳动参与率为63.1%，男性劳动 参与率为71%。 澳大利亚国库部长查默斯当天发表声明 ...

Core Insights - Australia's unemployment rate decreased from 4.5% to 4.3% in October 2025, aligning with levels seen in June, July, and August of the same year [1] - The number of employed individuals in Australia increased by 0.3% month-on-month and approximately 1.6% year-on-year, reaching 14.6832 million [1] - The number of unemployed individuals fell by about 2.5% month-on-month but rose by approximately 7.8% year-on-year, totaling 665,400 [1] Employment Data - The monthly hours worked increased by 0.5%, while the underemployment rate decreased by 0.2 percentage points to 5.7% [1] - Trend data indicates that the unemployment rate remained stable at 4.4%, with a month-on-month employment increase of about 0.2% and a year-on-year increase of approximately 1.5%, totaling 14.6784 million [1] - The number of unemployed individuals increased by about 0.5% month-on-month and rose by 10% year-on-year, amounting to 669,600 [1] Full-time and Part-time Employment - Full-time employment rose by 55,000 in October, with female full-time employment increasing by 29,000 and male full-time employment by 26,000 [1] - Part-time employment decreased by 13,000, primarily due to a reduction of 21,000 in female part-time employment [1]

Core Viewpoint - The Reserve Bank of Australia (RBA) maintains a "mildly restrictive" monetary policy stance, emphasizing that this assessment is based on expectations of continued inflation moderation [1][3] Monetary Policy Outlook - RBA Deputy Governor Andrew Hauser highlighted that any policy adjustments must rely on actual data and macroeconomic assessments, indicating that the current policy environment faces "unusual challenges" [3][4] - The RBA decided to keep the cash rate unchanged at 3.6% during the November meeting, aligning with market expectations, while significantly raising future inflation forecasts [5][6] - The RBA's core inflation rate is projected to remain above the target range of 2%-3% until the second half of 2026, with a peak CPI expected at 3.7% in June 2026 [6] Employment Data Focus - The upcoming employment data is anticipated to show a slight decrease in the unemployment rate from 4.5% in September to 4.4% in October, with approximately 20,000 new jobs expected [1][2] - Hauser noted that there is no "satisfactory" unemployment rate for the central bank, indicating a complex decision-making environment if unemployment rises while inflation persists [1][3] Consumer Trends - Current consumer data reflects a "gradual, moderate recovery," although there are signs of instability in consumer confidence, which will be monitored for sustainability [2] Economic Conditions - The Australian economy is experiencing a divergence, with strong household consumption and rising property prices supporting demand, while manufacturing has shown signs of contraction and job numbers have declined [9] - The RBA is navigating a complex situation of "overheated demand" alongside "structural weakness," complicating policy formulation [9] Institutional Perspectives - Moody's Analytics has ruled out the possibility of rate cuts in December 2025 and February 2026, emphasizing that the RBA must see convincing evidence of inflation decline before taking action [7] - Capital Economics anticipates that the RBA will maintain a neutral stance on risk assessments and expects two rate cuts in the second half of 2026, contingent on inflation easing [8]

每经AI快讯，11月12日，韩国10月失业率为2.6%，预期2.6%，前值2.50%。 ...

每经AI快讯，11月11日，英国10月失业率为4.42%，前值4.40%。 ...