1. Report Industry Investment Rating - The outlook for the Canadian dollar is maintained as neutral to bearish [3] 2. Core View of the Report - The global market is in a super interest - rate decision week. The Bank of Canada and the Federal Reserve are expected to cut interest rates by 0.25%, while the Bank of England and the Bank of Japan are expected to keep rates unchanged. The weakening of the Canadian dollar is due to factors such as the poor economic fundamentals of Canada and external risks [1][3] 3. Summary by Related Content Economic Data and Interest - Rate Expectations - US inflation growth in August met economists' expectations, with the CPI rising 2.9% year - on - year and core inflation rising 3.1% year - on - year [1] - The Bank of Canada kept its interest rate at 2.75% in July, the fourth consecutive time. Officials discussed rate cuts but decided to maintain. Traders expect a 0.25 - point rate cut this month due to the shrinking economy and poor employment [2] - Canada's Q2 GDP shrank 1.6% year - on - year, the first contraction in nearly two years and the largest since the COVID - 19 pandemic, worse than the expected 0.6% decline. The unemployment rate in August rose to 7.1% from 6.9% in July, the highest in 9 years [2] Currency Outlook - The Canadian dollar is short - term bearish. The US dollar to Canadian dollar exchange rate is around 1.376 and is expected to fluctuate between 1.372 and 1.392 in the short term [3]

Group 1 - The current gold price is experiencing fluctuations, with a recent drop to around 3320 before rebounding, indicating a potential resistance at 3345-47 and 3362 levels [1][3] - COMEX gold has seen a decline for three consecutive days, closing at 3338.5 USD/oz, reflecting a drop of 1.04% [3] - The recent EU-US trade negotiations resulted in an agreement favoring the US, highlighting the EU's weakened position in global economic negotiations [3] Group 2 - The gold market is currently under bearish pressure, with prices trading below key moving averages, but there is potential for a rebound if support levels are tested [4] - Last week's gold market was influenced by fundamental factors, with a high of 3439.2 and a low of 3324.6, closing at 3336.5, forming a long upper shadow candlestick pattern [4] - Current support levels for gold are identified at 3324 or 3304 USD, while resistance levels are at 3340 or 3357 USD [5]

巴西央行：下次议息会议需格外谨慎。 ...