Group 1 - The U.S. government shutdown has entered its 23rd day, with the Senate rejecting temporary funding resolutions, indicating a persistent political deadlock [2] - The upcoming Consumer Price Index (CPI) data is highly anticipated, but it may not provide the necessary insights for investors due to the absence of official economic data during the shutdown [2] - Market expectations suggest that the core inflation rate for September will remain at 3.1%, significantly above the Federal Reserve's target of 2% [2] Group 2 - The bond market has shown a muted response, with the two-year Treasury yield dropping to its lowest level since August 2022, reflecting expectations of continued interest rate cuts by the Federal Reserve [2] - The ten-year Treasury yield has also fallen below 4%, reaching its lowest closing level in over a year, indicating a consistent bearish outlook among investors regarding future economic conditions [2] - Investors are increasingly concerned about the sharp slowdown in job growth, which, despite being offset by a contraction in labor supply, remains a troubling trend [3] Group 3 - The current spot gold price is trading above $4106, with a slight increase of 0.30%, and has shown a range between a high of $4136.89 and a low of $4064.51 [1] - The structural bullish outlook for spot gold remains intact, supported by trading above the 100-day exponential moving average (EMA) of $3613.62 [4] - The relative strength index (RSI) is above the midpoint and not in the overbought zone, reinforcing upward momentum for gold prices [5]