股指： 美联储如期降息 25BP ，美国三大指数涨跌不一，上一交易日股指再度上涨，上证指数站上 4000 点，北证 50 大幅 上涨超 8% ，电力设备行业领涨，银行行业领跌，市场成交额 2.29 万亿元。资金方面， 10 月 28 日融资余额增加 127.03 亿 元至 24769.91 亿元。 10 月 23 日闭幕的二十届四中全会发布了十五五规划，从内容上看仍然聚焦科技自立。资金面来看， 国内流动性环境有望延续宽松，居民有望加大权益类资产配置，同时，随着美联储降息、人民币升值，外部资金也有望流 入国内市场。市场风格方面，虽然科技成长已成为本轮市场趋势性上涨行情中最核心的主线，但考虑到未来稳增长政策有 望加码，市场风格可能会向价值回归并较三季度更加均衡。自 10 月 21 日以来，股指再度选择方向向上突破，我们认为短 期有望延续升势。 焦煤 ： 昨日夜盘双焦盘面高位震荡，焦煤持仓量环比基本持平。上周钢联数据显示，五大材产量环比小幅增加、主要由螺 纹贡献，五大材总库存环比下降、螺纹总库存降幅增大，五大材表需环比增加、热卷表需增幅最大。上周样本矿山精煤产 量环比下滑、高铁水为双焦刚需提供支撑、叠加近期动力煤现 ...

【财经日历】 20:30 美国第三季度实际GDP年化季率 21:15 欧洲央行公布利率决议 | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | --- | | 47632.00 | 23958.47 | 6890.59 | | -74.37 -0.16% | +130.98 +0.55% | -0.30 0.00% | 周三美股盘中巨震，美联储主席鲍威尔表示12月再次降息远非定局后打压市场情绪。 美联储在为期两天的政策会议结束后，将隔夜基准利率下调25个基点，使其处于3.75%至4%的区间，并 宣布12月开始结束缩表重启有限度国债购买。这是美联储今年第二次降息。 个股方面，英伟达上涨3.0%。这家人工智能芯片龙头企业的市值在当日交易中飙升至5万亿美元以上， 成为首家达到这一水平的美国公司。 明星科技股分化，谷歌涨2.5%，亚马逊涨0.5%，苹果涨0.2%，特斯拉涨0.2%，Meta平收，微软跌 0.1%，甲骨文跌2.0%。 纳斯达克中国金龙指数微跌0.03%，阿里巴巴涨1.8%，百度涨0.6%，网易跌0.1%，京东跌0.5%。 国际油价小幅走高，WTI原油近月合约涨0.55%，报60.4 ...

Core Viewpoint - The Federal Reserve's recent decision to cut interest rates by 25 basis points, with two dissenting votes, indicates internal divisions and a cautious approach to monetary policy amidst economic uncertainties [1][3]. Group 1: Federal Reserve Actions - The Federal Reserve has announced a 25 basis point interest rate cut and plans to halt balance sheet reduction in December, which has led to significant market reactions, including a surge in U.S. stock prices and a rise in the dollar [1][3]. - The dissenting votes within the Federal Reserve highlight differing opinions on the appropriateness and extent of the rate cut, suggesting a careful and uncertain approach to future monetary policy [3]. Group 2: Economic Implications - The Federal Reserve has pointed out that government shutdowns are negatively impacting the economy, indicating that internal U.S. issues are contributing to economic pressures [3]. - Despite global economic challenges, the Fed's willingness to lower rates suggests a level of confidence in a potential medium to long-term recovery [3]. Group 3: Investment Strategy - For long-term investors, the focus should remain on sectors like technology, particularly AI and semiconductors, which are less affected by interest rate policies, viewing any market pullbacks as buying opportunities [3]. - Attention should be given to resource assets, particularly oil, as expectations for global economic recovery persist, with Brent crude oil prices expected to rise beyond $65 [3]. - Maintaining liquidity is advised, as the Fed's signals of pausing for assessment may lead to increased market volatility, allowing investors to navigate uncertainties more effectively [3].

【大河财立方 记者 杨萨 文 朱哲 摄影】10月29日，中国国新联合北京市西城区在京举行中央企业战略性新兴产 业发展专项基金（以下简称央企战新基金）发布仪式。 央企战新基金首期募集510亿元，出资合作单位包括中国移动、中国石化、中国海油、中国石油、中国电信、中 国联通、中国电科、国家电投、中国宝武、招商局集团、华润集团、中煤集团、中国物流和北京市西城区等，将 作为国务院国资委推动中央企业战新产业加快发展的专项基金，支持国资央企补齐产业短板弱项、布局前沿创 新。 责编:陈玉尧 | 审校:陈筱娟 | 审核:李震 | 监审:古筝 ...

Economic Policy and Market Reactions - The Federal Reserve lowered interest rates by 25 basis points as expected, but Chairman Powell indicated that a further rate cut in December is not guaranteed, leading to increased caution in the market [2][8] - The Canadian central bank also cut rates by 25 basis points, signaling a pause in future cuts to protect the economy and control inflation [2][11] - The U.S. announced new sanctions against two Russian oil companies, impacting market sentiment [2][11] Stock Market Performance - U.S. stock indices showed mixed results, with the Dow Jones down 0.16% and the Nasdaq up 0.55%, while Nvidia's market capitalization stabilized at $5 trillion [3][5] - In the A-share market, major indices rose significantly, with the Shanghai Composite Index gaining 0.7% and the Shenzhen Component Index rising 1.95% [4][5] - The Hong Kong stock market was closed for a holiday, affecting trading volumes [3] Commodity Prices - Oil prices rebounded after a larger-than-expected drop in U.S. crude inventories, with WTI crude rising to $60.21 per barrel and Brent crude to $64.20 per barrel [3][5] - Gold prices fell by 0.56% to $3930.61 per ounce, while silver prices increased by 1.1% to $47.57 per ounce [5] Strategic Investments and Developments - A special fund for the development of strategic emerging industries in China was launched, with an initial scale of 51 billion yuan, focusing on sectors like AI, aerospace, and quantum technology [10] - South Korea agreed to invest $350 billion in the U.S. as part of a trade agreement, with $200 billion in cash [11]

Traditional Industries - The transformation and upgrading of traditional industries during the "14th Five-Year Plan" period is exemplified by the advancements in Baosteel, where AI is applied to control the temperature of molten iron, achieving a temperature variance of less than 10 degrees Celsius and saving 2 kilograms of fuel per ton of iron produced [1][2]. - China Baowu has established smart factories and completed ultra-low emission transformations in 15 steel bases, which account for over 98% of its production [2]. - The focus for the "15th Five-Year Plan" will be on intelligent, green, and integrated development, with an emphasis on AI innovation to enhance production efficiency and product quality [2][3]. Emerging and Future Industries - The "14th Five-Year Plan" marked a critical phase for the commercialization of embodied intelligent robots, with companies like Juyuan Electronics leading in flexible manufacturing solutions [8][9]. - China has established a leading position in emerging industries such as new energy and quantum technology, with the "three new" economy's value added exceeding 18% of GDP by 2024 [11]. - The "15th Five-Year Plan" is expected to foster a development pattern characterized by technological breakthroughs and deep cross-industry integration, potentially creating several trillion-yuan markets in strategic emerging industries [11][12]. Service Industry - The modern service industry has shown significant growth during the "14th Five-Year Plan," with annual growth rates of 13% in information technology services and 13.3% in leasing and business services [17]. - The integration of modern service industries with advanced manufacturing is crucial for enhancing productivity and quality, with a focus on sectors like design, consulting, and supply chain finance [18]. - The "15th Five-Year Plan" aims to expand and improve the service industry, emphasizing the need for standardization and quality enhancement in sectors such as hospitality and elder care [18]. Modern Infrastructure - The construction of a modern infrastructure system has accelerated, with over 600 million kilometers of comprehensive transportation networks established during the "14th Five-Year Plan" [23]. - The focus for the "15th Five-Year Plan" will be on optimizing and enhancing the efficiency of infrastructure, including the development of a national integrated computing power system and advanced transportation networks [24][25]. - There is a need to address existing shortcomings, such as insufficient regional coordination and the presence of data silos, to ensure a more interconnected and efficient infrastructure system [23][24].

每经AI快讯，10月29日，美油主力合约收涨0.35%，报60.36美元/桶；布伦特原油主力合约涨0.64%，报 64.24美元/桶。美国能源信息署(EIA)数据显示上周原油库存减少685.8万桶，远超预期的减少21.1万桶， 库存大幅下降支撑油价上涨。 ...

油价刚刚暴跌创四年新低，转眼就要猛涨回7元时代！11月10日调价窗口来袭，预计每升油多花近2毛，车主们的钱包又要瘪了。这波操作为何这么魔幻？咱 们掰扯清楚。 记得上周加油时，92号才6块8毛多，不少老铁还乐呵呵说"油价终于良心了"。结果屁股还没坐热，调价风向骤变——截至10月29日数据，原油变化率飙到 3.95%，预计每吨涨205元，换算成每升汽油大概贵0.16元到0.18元。简单说，现在加满一箱50升油大概花340元，下个月可能得多掏8到9块钱！ | 山东 | 6.80 | 7.31 | 8.29 | 6.39 | | --- | --- | --- | --- | --- | | 广西 | 6.90 | 7.46 | 8.67 | 6.53 | | 山西 | 6.79 | 7.34 | 8.97 | 6.53 | | 贵州 | 6.96 | 7.36 | 8.24 | 6.58 | | 陕西 | 6.73 | 7.12 | 9.36 | 6.37 | | 宮奥 | 7.95 | 8.45 | 9.55 | 6.56 | | 三四 | 6.94 | 7.42 | 8.05 | 6.53 | | 河北 | 6 ...

| | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净点比 散户净流入 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-10-29 | 2.41 2.12% | | 4426.38万 | 8.95% | -1151.70万 | -2.33% | -3274.68万 | -6.62% | | 2025-10-28 | | 2.36 -0.42% | 467.25万 | 1.61% | 487.67万 | 1.68% | -954.92万 | -3.28% | | 2025-10-27 | | 2.37 -1.25% | 1612.55万 | 3.65% | 389.80万 | 0.88% | -2002.35万 | -4.54% | | 2025-10-24 | 2.40 | -3.23% | -4338.89万 | -7.29% | 583.45万 | 0.98% | 3755.44万 | 6.31% | | 2025-10-23 | 2.48 -0.80% | | -6316.26 ...

Core Points - The U.S. Treasury announced sanctions against two major Russian oil companies, including Lukoil, which operates the largest refinery in the Balkans located in Bulgaria [1][3] - The sanctions are expected to impact Bulgaria's energy security and also affect other countries like Hungary and Slovakia that import oil from Russia [3] Group 1: Impact on Bulgaria - Lukoil is the third-largest company in Bulgaria, providing significant tax revenue and employment [5] - If Lukoil ceases operations due to sanctions, it would cause a major disruption in Bulgaria's fuel market [5] - Local residents express concerns about potential fuel shortages and rising prices due to the sanctions [6][9] Group 2: Government Response - The Bulgarian government held an emergency meeting to discuss measures in response to the U.S. sanctions [13] - The Energy Committee of the Bulgarian Parliament passed an amendment requiring government approval for any sale or transfer of Lukoil's assets in Bulgaria [13] - The Bulgarian President emphasized the need to prevent a fuel crisis or price increases [13]