FOMC Minutes to Be Released, G7 Strategic Reserve Release Draws Attention
On Oct. 3, according to Jinshi Data, the prospect of a Fed rate hike in October has essentially been ruled out, with market trading focus rapidly shifting to the FOMC meeting minutes to be released next week. Investors will focus on interpreting the central bank’s latest assessment of inflation and employment to gauge its potential guidance for the December rate decision.
In the commodity sector, G7 nations plan to coordinate the release of strategic petroleum reserves to mitigate sharp fluctuations in international oil prices, while crude oil markets are expected to sustain a high-volatility environment in the short term. Meanwhile, despite support from multiple positive factors, gold prices remain weak. The trajectory of long-term U.S. Treasury yields will become the core anchor for macro asset pricing in the next phase.