Core Points - Global stock markets experienced significant declines, while commodity ETFs dominated the gainers list, with the soybean meal ETF leading at a 0.8% increase and a cumulative rise of 4% since October 20 [1] - The gold ETF from Huaxia briefly turned positive, currently down 0.36%, but has seen a 50% increase year-to-date, with net inflows of 999.1 million yuan over 16 consecutive days [1] - The soybean meal ETF has recorded net inflows of 135 million yuan over 57 trading days since August 26, despite a decline in U.S. soybean exports affecting price levels [1] Summary by Category Market Performance - The soybean meal ETF (159985) is the only ETF tracking the Dalian Commodity Exchange soybean meal futures price index, with significant influence from upstream soybean and downstream pork market dynamics [1] - Despite a surprising increase in U.S. non-farm payrolls for September, the rising unemployment rate indicates potential weaknesses in the labor market, leading to mixed market sentiments regarding the Federal Reserve's potential interest rate cuts in December [1] Investment Insights - UBS has raised its mid-2024 gold price target to $4,500, with an optimistic scenario aiming for $4,900 [1] - The Huaxia gold ETF (518850) tracks the SGE gold 9999 index, has a low comprehensive fee rate of 0.2%, and allows T+0 trading, making it an attractive investment vehicle [2]