Core Viewpoint - The Shanghai Futures Exchange reported stable gold futures inventory, with market fluctuations influenced by changing interest rate expectations and easing global trade tensions [1] Group 1: Gold Futures Market - Total gold futures inventory at the Shanghai Futures Exchange is 87,816 kilograms, unchanged from the previous day [1] - The main gold futures contract opened at 910.00 CNY per gram, reaching a high of 926.30 CNY and a low of 908.80 CNY, currently trading at 921.92 CNY, reflecting a 1.27% increase [1] - Trading volume for the day was 395,964 contracts, with open interest decreasing by 6,720 contracts to 156,891 [1] Group 2: Interest Rate Expectations - The probability of a 25 basis point rate cut by the Federal Reserve in December has decreased from 91.1% to 72.8% over the past week [1] - Federal Reserve Chairman Jerome Powell indicated that a rate cut in December is "far from a certainty" [1] Group 3: Global Trade Relations - Easing global trade tensions have reduced safe-haven buying interest, with U.S. President Trump announcing that major Asian countries will "open export resources" to Washington and cooperate on issues like fentanyl while accelerating agricultural exchanges [1]

Core Viewpoint - The Japanese stock market experienced a strong upward movement today, with the Nikkei 225 index rising over 1.5% [1] Group 1: Market Performance - Multiple Nikkei 225 related ETFs saw gains exceeding 2% [1] - Specific ETF performances include: - Nikkei 225 ETF E Fund: Current price 1.766, up 2.61% [2] - Nikkei ETF: Current price 1.316, up 2.49% [2] - Nikkei ETF: Current price 1.756, up 2.27% [2] - Nikkei 225 ETF: Current price 1.650, up 1.85% [2] Group 2: Influencing Factors - Trump's increasingly moderate stance on tariffs, along with confirmation from the U.S. Treasury Secretary regarding a planned meeting between Trump and Asian leaders in South Korea at the end of October, is expected to boost market confidence [1]