Core Insights - Commodities traders experienced a significant sell-off in gold, with prices dropping from a high of $4,381.52 to $4,118 per ounce, marking the largest decrease in four years [2][3] - Silver prices also fell sharply, trading at $48.76 per ounce, down from $54.35 last week, indicating the most substantial drop since early 2021 [2][3] Market Context - The recent price fluctuations in gold and silver are attributed to a combination of economic and political factors, including a prolonged government shutdown, upcoming U.S.-China trade talks, and softer-than-expected consumer price index (CPI) numbers [5][6] - The government shutdown is causing delays in the release of economic and job data, contributing to market uncertainty [6] Investor Sentiment - The retreat from gold and silver may suggest that the market is feeling more secure, indicating that investors are not seeking safe-haven assets as they did previously [7]

Group 1 - Major companies such as 3M, Coca-Cola, Honeywell, and IBM are set to report their earnings soon, amidst a prolonged U.S. government shutdown [1][2] - The upcoming earnings season will include results from various notable firms including AT&T, Ford Motor, Netflix, and Tesla, indicating a busy week for investors [2] - Key economic indicators to be monitored include the consumer price index (CPI) for September and S&P flash U.S. services and manufacturing data, which are crucial for assessing economic health [1][4] Group 2 - The schedule for key market events includes the release of U.S. leading economic indicators on October 20, with no data available on October 21 and 22, and jobless claims and existing home sales data on October 23 [3] - CPI and core CPI readings are expected on October 24, along with S&P flash U.S. manufacturing and services data, and a final consumer sentiment reading [4]

Group 1 - The core viewpoint of the articles indicates a rebound in gold and silver prices following a significant drop, with gold futures for December 2025 rising by 1.58% to $4035.50 per ounce [1] - The volatility in the gold and silver markets remains high, as evidenced by the large daily price fluctuations [1] - The U.S. Bureau of Labor Statistics is recalling employees to compile the Consumer Price Index report for September, which is expected to be released before the Federal Reserve's policy meeting at the end of October [1] Group 2 - The World Gold Council reported record inflows into gold exchange-traded funds (ETFs) in the third quarter, with September alone accounting for over 60% of the total inflow [2] - In September, 145.6 tons of gold flowed into global gold ETFs, valued at over $17.3 billion, contributing to a total increase of 221.7 tons in the third quarter, worth nearly $26 billion [2] - Silver futures for December delivery also saw an increase, rising by 0.76% to $47.52 per ounce [3]

Group 1 - The core viewpoint of the articles highlights a rebound in gold and silver prices following a significant drop, with December 2025 gold futures rising by 1.58% to $4035.50 per ounce on October 10 [1] - The U.S. Labor Department is recalling employees to compile the Consumer Price Index report for September, which is expected to be released before the Federal Reserve's policy meeting on October 28-29 [1] - The University of Michigan reported a slight decrease in the consumer confidence index for October, with an initial value of 55, compared to 55.1 in September, while economists had anticipated a lower figure of 54.2 [1] Group 2 - The World Gold Council reported record inflows into gold exchange-traded funds (ETFs) in the third quarter, with September accounting for over 60% of the total inflow, amounting to 145.6 tons valued at over $17.3 billion [2] - In the third quarter, gold ETF holdings increased by 221.7 tons, valued at nearly $26 billion [2] - Silver futures for December delivery also saw an increase, rising by 0.76% to $47.52 per ounce on the same day [3]

Core Insights - Malaysia's inflation rate rose to 4.14% in August, driven by continuous increases in food prices [1] Summary by Categories Inflation Data - The Consumer Price Index (CPI) for August showed a monthly increase of 0.36%, significantly higher than July's increase of 0.02% [1] Contributing Factors - The primary contributors to the inflation rise were the price increases in fish, fruits, and vegetables [1]

Core Insights - Croatia's consumer price index (CPI) increased by 4.1% year-on-year in August, with a slight month-on-month rise of 0.1% [1] - The largest price increases were observed in housing, water, electricity, gas, and other fuels, which rose by 8.1% year-on-year, followed by restaurants and hotel accommodation (+7.5%) and non-alcoholic beverages (+6.3%) [1] - The harmonized index of consumer prices (HICP) in Croatia rose by 4.6% year-on-year in August, with an average month-on-month increase of 0.2% [1] Price Changes by Category - Housing, water, electricity, gas, and other fuels: +8.1% year-on-year [1] - Restaurants and hotel accommodation: +7.5% year-on-year [1] - Non-alcoholic beverages: +6.3% year-on-year [1] - Education: +5.9% year-on-year [1] - Medical services: +5.1% year-on-year [1] - Transportation: -1.3% year-on-year [1] - Clothing and footwear: -0.6% year-on-year [1] - Communication services: -0.4% year-on-year [1] Additional Insights - Service prices increased by 6.4% year-on-year in August [1] - Food, alcoholic beverages, and tobacco products saw a year-on-year price increase of 6.2% [1] - Energy prices rose by 2.5% year-on-year, while non-food industrial goods (excluding energy) increased by 0.5% year-on-year [1]

Group 1 - The Swiss monthly Consumer Price Index (CPI) unexpectedly contracted, raising speculation about the Swiss National Bank potentially lowering interest rates to negative territory in the coming months [3] - The USD/CHF currency pair has been slowly rising from a low of 0.8025 but remains constrained within a narrow range below 0.8060-0.8070 [3] - The US labor data has weakened, increasing hopes for a Federal Reserve rate cut, which has limited the upside potential for the dollar [3] Group 2 - The annual inflation rate in Switzerland remained stable at 0.2% in August, unchanged from the previous month, but the monthly inflation rate declined by 0.1% for the first time since January, contrary to expectations [3] - The disappointing JOLTS job openings report from the US indicated the worst performance in the past 10 months, intensifying pressure for a short-term rate cut by the Federal Reserve [3] - Federal Reserve officials have hinted at a potential rate cut in September and possibly further cuts in 2025, which has restricted the dollar's upward movement [3]

Core Viewpoint - The decline of the US dollar appears to be linked to the consumer price index meeting expectations, according to Monex USA's trading director Juan Perez [1] Group 1 - The US dollar has experienced a decline [1] - The consumer price index has aligned with market expectations [1]

Core Insights - The preliminary statistics released by the Ministry of Internal Affairs and Communications of Japan indicate that the consumer price index (CPI) for the 23 wards of Tokyo increased by 2.9% year-on-year in July, excluding fresh food [1] Group 1 - The CPI increase suggests ongoing inflationary pressures in the Tokyo region, which may impact consumer spending and overall economic growth [1] - The exclusion of fresh food from the CPI calculation highlights the focus on core inflation metrics, which can provide a clearer picture of underlying price trends [1]

Group 1 - The core point of the article is that U.S. retail sales increased by 0.6% in June, surpassing market expectations, but this rise may be influenced by tariff-induced price increases rather than an actual boost in consumer purchasing power [1] - In June, core retail sales (excluding automobiles, gasoline, building materials, and food services) grew by 0.5%, up from a downwardly revised 0.2% in May, indicating a moderate slowdown in consumer spending despite some positive signals [1] - Among 13 major retail categories, 10 experienced growth, with auto sales rebounding after two months of decline, contributing significantly to overall growth [1] Group 2 - The consumer price index (CPI) rose by 0.3% month-on-month and 2.7% year-on-year in June, aligning with market expectations, while core CPI increased by 0.2% month-on-month and 2.9% year-on-year, slightly below the expected 3% [2] - The producer price index (PPI) did not meet expectations, primarily due to a significant decline in service prices, indicating that businesses are absorbing some of the costs from tariff increases [2] - The final demand PPI remained flat month-on-month, with the year-on-year increase dropping from 2.7% in May to 2.3% in June [2]