Economic Overview - The Federal Reserve's Beige Book indicates that economic activity is generally stable, with most of the 12 districts reporting flat conditions, two showing slight declines, and only one district experiencing slight growth. However, some respondents warned of increased risks of economic slowdown in the coming months [1][2] UK Fiscal Developments - The UK's Office for Budget Responsibility unexpectedly leaked the autumn fiscal report, revealing that fiscal buffer space has doubled to £22 billion. The report confirms the freezing of the personal tax threshold, an increase in dividend tax, and plans to introduce a "mansion tax" and an electric vehicle "mileage tax," sparking widespread discussion [1] Canadian Trade Policy - Canadian Prime Minister Carney announced a significant reduction in steel import quotas from 50% to 20% for non-free trade partner countries starting in 2024, along with a 25% global tariff on specific steel derivatives to protect domestic industries [1] Japanese Monetary Policy - Reports suggest that the Bank of Japan is preparing for a potential interest rate hike as early as December, driven by increasing pressure from yen depreciation and diminishing political resistance, leading to a resurgence of hawkish rhetoric [1] South Korean Currency Market - South Korean Finance Minister Kyungho emphasized a strict approach to speculative activities in the currency market and ruled out the possibility of restarting a foreign exchange swap agreement with the U.S. to maintain market stability [2] U.S. Economic Indicators - U.S. durable goods orders increased by 0.5% month-on-month in September, a slowdown from the previous 3% growth. However, core capital goods orders, excluding defense and aircraft, surged by 0.9%, significantly exceeding the market expectation of 0.3%, indicating strong business investment sentiment [2] - As of the week ending November 23, initial jobless claims in the U.S. decreased by 6,000 to 216,000, the lowest level since mid-April, and below the expected 225,000. Continuing claims rose slightly to 1.96 million, still at historical lows, reflecting resilience in the labor market [2] Australian Inflation Data - Australia's October Consumer Price Index (CPI) rose by 3.8% year-on-year, surpassing the expected 3.6%. The trimmed mean inflation rate increased to 3.3%, remaining above the Reserve Bank of Australia's target range of 2%-3%, intensifying pressure for potential interest rate hikes [2]

【加密货币】比特币涨超3%，重返9万美元关口；以太坊涨超2%，报3019.81美元。 智通财经APP获悉，周三，三大指数走高，美国发布的周度初请失业金人数下降，表明就业情况并未恶 化，但美联储褐皮书显示未来几个月经济活动放缓的风险有所增加，机构普遍预期，美联储12月降息的 概率非常大。 【美股】截至收盘，截至收盘，道指涨314.67点，涨幅为0.67%，报47427.12点；纳指涨189.1点，涨幅 为0.82%，报23214.69点；标普500指数涨46.73点，涨幅为0.69%，报6812.61点。英伟达(NVDA.US)涨 1%，谷歌(GOOG.US)跌1%，甲骨文(ORCL.US)涨4%，人造肉公司Beyond Meat(BYND.US)涨19%。纳 斯达克中国金龙指数微跌，阿里巴巴(BABA.US)涨0.3%。 【欧股】德国DAX30指数涨279.54点，涨幅1.19%，报23739.62点；英国富时100指数涨85.57点，涨幅 0.89%，报9695.10点；法国CAC40指数涨70.63点，涨幅0.88%，报8096.43点；欧洲斯托克50指数涨 82.74点，涨幅1.48%，报5656.65 ...

Group 1 - David Zervos, Chief Market Strategist at Jefferies, criticizes the Federal Reserve for being "seriously behind" in monetary policy adjustments and calls for immediate large-scale interest rate cuts to address potential economic slowdown risks [1][2] - Zervos emphasizes that the current monetary policy is overly tight and needs aggressive easing to support the labor market and stimulate economic growth, despite the Producer Price Index (PPI) rising to 3.3% year-on-year in July [1][2] - He suggests that a reduction of 200 basis points in interest rates is acceptable, considering the long-term deflationary effects of artificial intelligence and technological advancements [1][2] Group 2 - Zervos warns that continued delays by the Federal Reserve could lead to significant deterioration in the job market, predicting that timely monetary easing could create an additional 1 million jobs within a year [2] - He advocates for the inclusion of more professionals who truly understand market operations in the Federal Reserve's decision-making process [2] - The market currently anticipates a rate cut in September, with a preference for a moderate adjustment of 25 basis points, while Zervos and other advocates for aggressive easing are intensifying the focus on this policy shift [2]