*三大股指齐创历史新高 *七巨头多数上涨，谷歌与英伟达领涨 *9月CPI环比上升0.3%、同比3.0% 美国股市周五显著上扬，道琼斯工业平均指数上涨472.51点，收于47207.12点，涨幅1.01%；标普500指 数上涨0.79%，收于6791.69点；纳斯达克指数上涨1.15%，收于23204.87点，三大指数均创下收盘历史 新高。 本周，道琼斯工业平均指数累计上涨约2.5%，创下自6月以来最大单周涨幅；标普500指数累计上涨约 2.8%，为8月以来最佳表现；纳斯达克指数则上涨约3.0%，录得8月中旬以来的最大单周涨幅。 德特里克表示："这次财报季开局非常亮眼，不仅支撑了今年股市的上行趋势，也可能为年底行情提供 额外动力。" 科技七巨头多数收高，谷歌A上涨2.70%，英伟达上涨2.25%，亚马逊上涨1.41%，苹果上涨1.25%，微 软与Meta Platforms均上涨0.59%；特斯拉逆势下跌3.40%。 中概股整体走高，纳斯达克中国金龙指数上涨0.27%，本周累计涨幅达2.4%。 美国劳工部数据显示，9月消费者价格指数（CPI）环比上涨0.3%，低于8月的0.4%；同比上涨3.0%，略 高于8月的 ...

Core Viewpoint - The recent US Consumer Price Index (CPI) data was lower than expected, raising questions about its impact on Bitcoin (BTC) and Ethereum (ETH) prices, with potential implications for market liquidity and risk appetite [1][2]. Group 1: Impact of CPI Data - A lower-than-expected CPI typically leads to reduced expectations for interest rate hikes, which can enhance market liquidity [3][4]. - Increased liquidity may drive more investments into high-risk assets like Bitcoin and Ethereum, potentially pushing their prices higher [3][4]. - The overall risk appetite in the market may improve, encouraging investors to take on more risk, benefiting cryptocurrencies [3][4]. Group 2: Market Reactions and Considerations - The degree of the CPI miss (slight vs. significant) can influence market reactions, with minor misses likely causing only small fluctuations [5]. - Other macroeconomic factors, such as employment data and geopolitical events, can also significantly affect market direction [6]. - Market sentiment may already account for the possibility of interest rate cuts, leading to a "buy the rumor, sell the news" effect where prices may not rise as expected after the data release [6]. Group 3: Broader Economic Implications - A lower CPI could indicate weak consumer demand, suggesting potential economic slowdown, which may negatively impact all asset classes, including cryptocurrencies [6][8]. - While inflation concerns may ease, worries about economic recession could rise, affecting the attractiveness of high-risk assets like Bitcoin and Ethereum [8][9]. - Long-term trends in cryptocurrency prices will still be influenced by fundamental macroeconomic factors, including global economic growth and regulatory policies [9].

美联储下周降息稳了？ 当地时间10月24日，美国劳工统计局最新发布的通胀数据显示，美国9月物价上涨速度低于市场预期。 市场普遍预期下周美联储继续降息。 数据发布后，美元指数短线跳水，黄金则直线拉升。美股三大指数集体高开高走，盘中均创历史新高， 截至发稿，道指涨0.76%，纳指涨1.12%，标普500指数涨0.87%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | DJI | 道琼斯工业平均 | 47090.00 | 355.39 | 0.76% | | IXIC | 纳斯达克指数 | 23198.33 c | 256.53 | 1.12% | | SPX | 标普500 | 6797.20 | 5877 | 0.87% | 物价涨幅低于预期 数据显示，美国9月消费物价指数（CPI）同比上涨3%，环比上涨0.3%。接受道琼斯调查的经济学家预 期为同比上涨3.1%，环比上涨0.4%。剔除食品和能源后，核心CPI同比上涨3%，环比上涨0.2%，而预 期分别上涨3.1%和0.3%。 细分看，汽油价格上涨4.1%，是9月物价上涨最大的细分项， ...

值得注意的是，晚间，现货黄金有所拉升，截至发稿突破4100美元，今日一度跌破4050美元。 | < W | | | 伦敦金现 | | | | --- | --- | --- | --- | --- | --- | | | SPTAUUSDOZ.IDC | | | | | | 4109 321 "F2" | | | 4126.490 | 总量 | 0 | | -17.169 -0.42% 开盘 | | | 4126.368 | 现手 | 0 | | 最高价 | 4144.360 持 合 | | 0 | 外 盘 | 0 | | 最低价 | 4043.600 增 | | 0 | 内 盘 | O | | 分时 | モ日 | 日K | 周K 月K | 更多 | (0) | | 昏加 | | | 均价:0.000 | | | | 4209.380 | | | | 2.01% 卖一 4109.521 | | | | | | | 买一 4109.321 | | | | | | | 21:55 4109.290 21:55 4109.400 | 0 0 | | | | | 0.00% | 21:55 4109.327 | 0 ...

美国最新通胀数据显示，物价涨势继续放缓，为美联储开启降息窗口提供了新的空间。 根据美国劳工统计局今晚公布的数据，美国9月CPI同比上涨3%，为2025年1月以来新高，低于市场预期的3.1%，前值2.9%；环比上涨0.3%，同样低于预期 的0.40%，前值0.40%。 美国9月核心CPI同比上涨3%，低于预期的3.1%，前值为3.1%；环比上涨0.2%，低于前值与预期的0.3%。 美国CPI数据公布后，美元指数短线跳水，现报98.808。美股三大股指期货短线拉升，纳指期货日内涨近1%。美国国债收益率短线下挫。现货黄金短线拉涨 超20美元，现报4082.16美元/盎司。 通胀压力温和降温 报告显示，汽油价格上涨4.1%，是本月通胀的最大推动力，而整体通胀压力相对温和。食品价格上涨0.2%，商品类价格总体上涨0.5%。同比来看，能源价 格上涨2.8%，食品价格上涨3.1%。 在食品分项中，肉类、禽类、鱼类和蛋类价格同比上涨5.2%，非酒精饮料上涨5.3%。在能源方面，电价上涨5.1%，天然气价格上涨11.7%，而汽油价格同比 反而下降0.5%。 住房成本（占CPI权重约三分之一）当月仅上涨0.2%，较上年同期上涨3 ...

#行情 标普500指数和纳指均触及历史新高，最新分别上涨0.8%和1%。外汇交易员 (@myfxtrader):美国CPI年率小幅回升。美国9月未季调CPI年率录得3%，为2025年1月以来新高，不过增幅略低于市场普遍预期的3.1%。季调后CPI月率0.3%，略低于预期的0.4%。#行情 市场加大今年再次降息两次的押注，现货黄金一度走高20美元，美元指数跌30点。纳斯达克指数期货涨1%，标普500指数期货涨0.7%。 ...

Core Insights - The U.S. Consumer Price Index (CPI) for September increased by 3% year-over-year, which was below the expected 3.1% and higher than the previous month's 2.9% [4][6] - Core CPI rose by 0.2% month-over-month, the slowest growth in three months, and below the market expectation of 0.3% [3][6] - The data reinforces market expectations that the Federal Reserve will continue to lower interest rates within the year, clearing the way for the upcoming rate decision [6][14] Inflation Trends - The overall CPI increase was primarily driven by rising energy costs, with clothing prices rising by 0.7%, likely reflecting higher tariffs [6] - Service sector inflation showed signs of slowing, reaching its weakest level since November 2021, partially offsetting the pressure from rising energy prices [7] - Core inflation indicators are showing clearer signs of cooling, with the core CPI year-over-year growth decreasing from 3.1% in August to 3.0% in September, marking the lowest level since June [9] Specific Data Points - The "SuperCore CPI," which excludes housing from service sector inflation, also saw a slowdown, with a year-over-year growth rate of 3.30%, the lowest since May [9] - Transportation costs experienced a sharp slowdown, further contributing to the overall decline in inflation levels [11] - Goods inflation remained stable at an annual rate of 1.5%, with no significant tariff-driven inflationary pressures observed in the three and six-month annualized data [12] Market Reaction - Following the release of the CPI data, U.S. stock index futures saw a short-term increase, with Nasdaq futures rising nearly 1% [13] - U.S. Treasury yields fell sharply, with the 10-year Treasury yield dropping over 2 basis points to 3.978% [13] - The CPI report provided strong support for the market's expectation of two additional 25 basis point rate cuts by the end of the year [14]

Core Viewpoint - The Central Bank of Russia has lowered the key interest rate by 50 basis points to 16.5%, marking the fourth consecutive rate cut but the smallest reduction in this cycle [1][3]. Economic Outlook - Inflation expectations remain high, which may hinder sustainable inflation reduction. The bank has revised its 2026 inflation forecast from 4% to a range of 4%-5% and lowered the GDP growth forecast for this year from 1%-2% to 0.5%-1% [3][4]. - Recent inflation spikes are attributed to seasonal factors and a weakening effect of the strengthening ruble, alongside fuel shortages exacerbated by ongoing geopolitical tensions [3][4]. Monetary Policy - The Central Bank emphasizes the need to consider the cumulative impact of temporary inflationary factors on the process of reducing inflation expectations. Current inflation expectations stand at 12.6% for October [4][6]. - To achieve its inflation target by the end of next year, the bank believes that seasonally adjusted monthly data must remain close to 4% for an extended period [4][6]. Fiscal Policy Implications - The bank warns that the "inflation slowdown effect" for the 2025 budget will be significantly less than previously expected, indicating that changes in fiscal policy may necessitate corresponding adjustments in monetary policy [6][7]. - Decision-makers now anticipate an average key rate of 13%-15% for 2026, up from the previous forecast of 12%-13% [7]. External Factors - New sanctions imposed by the U.S. on Russia's largest oil producer complicate the economic landscape, potentially reducing revenue from oil exports and increasing the risk of a hard landing for the economy [5][6].

来源：滚动播报 据报道，美国劳工统计局周五发布的报告显示，9月各类商品与服务价格涨幅低于预期。这份在政府停 摆期间获准发布的唯一官方经济数据显示，整体CPI环比上涨0.3%，同比涨幅达3.0%，均低于市场预期 的0.4%和3.1%。剔除食品和能源的核心CPI环比上涨0.2%，同比涨幅亦为3.0%，分别低于0.3%和3.1% 的预期值。这份报告为全面暂停经济数据发布期间的美国经济提供了观察窗口。但后续政策路径仍不明 朗：各方持续担忧特朗普关税政策可能引发新一轮恶性通胀，同时美联储决策者担心今年招聘疲软可能 蔓延（尽管裁员率仍处低位）。美联储主席鲍威尔与其同僚在权衡通胀威胁与劳动力市场疲软时，始终 对降息节奏保持谨慎，而特朗普则坚称通胀已非问题，要求美联储激进降息。 ...

03 核心C 02 核心CPI年率 l 3% 公布值 公布值 ▼ 低于预其 ▼ 低于预期 核心CPI月率为 核心CPI年率为3%。机构分析师 包括机动车保险 称,家居用品、服装等部分商品 通信。业主等 价格很可能已受关税影响。 自2021年1月以 数据公布后,交易员加 9 FICPI 将降息两次的押注。分 01) 美国9月未季调CPI年率 公布值 ▼ 低于预期 | 3% 美国9月CPI月率为0.3' 高,但略低于市场预期 乎是整体指标的推动因 上涨了4.1%,是所有项 素。数据采集在政府拨1 2 0 2 5 10-24 美国9月CF 看CPI,到 金十数据 | 2025-10-24制图 为下周继续降 息打开大门 核心指标均低于预期, 乎肯定会在下周再次降 特朗普政府的观点, B 关税不会引发生活成本 @ IIN10.COM 看CPI,到金十,立即下载金十数据APP>> ...