Ping An Bank's Ping An hedging strategy analyst Li You pointed out that retail sales growth in the United States increased by 0.7% month on month in September, while Germany's ZEW economic prosperity index improved beyond expectations in October. Stay tuned for tonight's inflation data. Canada's inflation rate slowed to 3.8% in September, and the probability of raising interest rates next week is reduced. The yen is approaching 150, and the market is concerned ab ... 阅读全文

The Bank of Australia once again considered raising interest rates this month, but ultimately believed that the reason for holding off for the fourth consecutive meeting was "stronger", indicating a certain degree of continuity in the cautious policy stance of the Policy Committee under the leadership of new Governor Michele Bullock. The minutes of the October 3rd meeting released on Tuesday showed that the Australian Central Bank has chosen to keep interest rate ... 阅读全文

Philadelphia Fed Chairman Patrick Harker said on Monday that the Federal Reserve should not consider additional interest rate hikes, as so many small businesses in the United States have been struggling to cope with the Fed's tightening policies so far. After giving a speech at an online event on Monday and answering questions, Huck said, "Small companies do have difficulty obtaining funding. Some of the bankers I have talked to are concerned that their business ... 阅读全文

According to CCTV, the International Monetary Fund released a report on the economic outlook for the Asia Pacific region on October 18th local time. The report predicts that the Asia Pacific region's economy will grow by 4.6% in 2023. Compared to the expected 3% growth of the world economy this year, the Asia Pacific region remains a bright spot and is expected to contribute approximately two-thirds to world economic growth. The report predicts that China's econo ... 阅读全文

The year-on-year growth rate of the Consumer Price Index (CPI) in the United States in September remained at 3.7%, exceeding expectations. Jian Jia believes that core inflation, which is particularly crucial for the Federal Reserve's policy, remains resilient, and the focus of market attention may shift from US inflation itself to economic resilience in the future.

On the morning of October 16th, the "2023 International Monetary Fund (IMF) World Economic Outlook Report Release Conference" was held in Nanjing, sponsored by the International Monetary Fund's Representative Office in China and the School of Economics and Management of Southeast University, jointly organized by the Institute of Digital Economy and Technological Innovation of Southeast University and the Jiangsu Provincial Macroeconomic Society, and co organized ... 阅读全文

Huatai Securities released a research report stating that in the first half of the year, US growth exceeded expectations, while GDP growth in the third quarter further accelerated to an annualized level of 3.5% -4%. The mismatch between the "strong resilience" of growth and the inverted curve has become an important driving factor for the rise in long-term interest rates of US Treasuries in the second half of the year. The team expects that the year-on-year growt ... 阅读全文

According to a survey conducted by Yonhap News Agency on the 18th, the Bank of Korea spends over 100 million Korean won (approximately 540000 yuan) annually on destroying damaged banknotes. According to information submitted by the Bank of Korea to the Planning and Finance Committee of the National Assembly on the 18th, the cost of destroying banknotes in the first half of this year has reached 60 million won. According to the report, on an annual basis, the dest ... 阅读全文

Michelle Bullock, the new chairman of the Federal Reserve of Australia, pointed out that bringing inflation back to target levels faces a series of obstacles, including high service prices and ongoing global shocks such as the Israeli-Palestinian conflict. Bullock said, "There are several things that suggest that reducing inflation will be difficult, including price pressures from delivery shops to barbershops, as well as ultra-low unemployment rates." Secondly, ... 阅读全文

Layoff alert sounded? Wall Street economists predict that unemployment is about to rise! The Federal Reserve launched a radical interest rate hike in March last year, and now it has finally sensed signs of large-scale layoffs finally beginning! Investors have always been paying attention to when the labor market will experience weakness, and now, this data may soon be reflected in key economic data closely monitored by the market. According to the data collected ... 阅读全文

According to Swedish national television, on October 17th local time, Swedish Defense Minister Pol Ronson and Civil Defense Minister Carl Oscar Bolin stated at a press conference that an underwater communication cable connecting Sweden and Estonia was damaged earlier this month, and the reason is not yet clear. The relevant countries will cooperate in an investigation. Bolin stated that the damage occurred outside Sweden's territorial waters and exclusive economi ... 阅读全文

On October 18th local time, the International Monetary Fund released a report on the economic outlook for the Asia Pacific region. The report predicts that the Asia Pacific region's economy will grow by 4.6% in 2023. Compared to the expected 3% growth of the world economy this year, the Asia Pacific region remains a bright spot and is expected to contribute approximately two-thirds to world economic growth. The report predicts that China's economy will grow by 5% ... 阅读全文

There have been disagreements on Wall Street regarding the direction of the yen. Institutions such as Goldman Sachs, Mizuho, JPMorgan Chase, and Bank of America all believe that the yen will continue to fall to its lowest level in more than 30 years. But the median forecast of institutional exchange rates surveyed by Bloomberg shows that the yen will rise to 140 yen per dollar in the first quarter of next year, and will rise to 130 yen by the end of 2024. Strateg ... 阅读全文

20: At 30:48, the manufacturing index of New York State in the United States fell to -4.60 in October; Estimated to be -6.

According to gold market participants, with high inflation and strong labor market support, US interest rates may rise for a longer period of time than expected. At the London Gold and Silver Market Association Precious Metals Conference held in Barcelona, experts at the conference stated that they expect the Federal Reserve to further raise interest rates. Frederik von Ameln, portfolio manager at Publica, said, "Raising interest rates one or two more times is ce ... 阅读全文

The ranking of per capita GDP in various countries and regions around the world can only reflect the level of this country. Although our country is currently not comparable to Japan and South Korea, Hong Kong in China has surpassed many European and American countries, and even surpassed the very powerful China and Macau. With the easing of our economic development and recovery, our economy will definitely become better and surpass the United States in the future ... 阅读全文

19: At 13:18, Citigroup expects the Bank of Israel to cut interest rates by 75 basis points on October 23rd.

On Monday, US Treasury Secretary Yellen stated in an interview that higher interest rates may continue, but also insisted that the US economy is "in a good state". Yellen said in the interview that the interest rate on US debt (accounting for 98% of economic output) "is still controllable". Although it is not yet clear, higher interest rates may continue, "she pointed out." Our financial situation is by no means insurmountable. We must pay attention to it Yellen ... 阅读全文

Economists generally believe that due to the German economy, which has long been regarded as the engine of Europe, stumbling amidst sustained industrial weakness, Germany may not be able to avoid a second recession this year. According to a survey of economists, Germany's gross domestic product (GDP) will decline by 0.2% in the quarter ending September, and may further decline by 0.1% by the end of 2023. These economists' predictions indicate that Germany's curre ... 阅读全文

17: 11:10 US Treasury Secretary Yellen stated that the US may continue to maintain high interest rates, and the US fiscal situation is not insurmountable.