International
1. Morgan Stanley: Gold is no longer an effective hedge against stock market declines, but it can hedge against the US debt crisis.
2. JPMorgan: AI financing is becoming more selective, but a widespread crisis has not yet emerged.
3. Bank of America: Global equity funds attracted $55.6 billion last week, maintaining a tactical bearish view on bond yields, stocks, and the US dollar.
4. BlackRock: The AI-driven bond issuance boom is creating the most attractive fixed-income investment opportunities in years.
5. Capital Economics: Global inflationary pressures are expected to intensify further.
6. Moody's Analytics: Risk warnings are intensifying; the Fed should maintain interest rates.
Domestic
1. CITIC Securities Q4 Commodity Price Outlook: Gold prices are expected to trade between $4,000 and $4,500 per ounce in Q4, while oil prices are expected to fluctuate around $100.
2. CITIC Securities: Resilient gold buying supports prices; copper prices are watched for low inventories and the year-end tariff deadline.
3. CITIC Securities: Domestic aluminum prices are expected to reach 22,500 yuan/ton in Q4 2026.
4. Huatai Securities: Under the baseline scenario, the Federal Reserve will raise interest rates once more in December this year and twice next year.
5. Huatai Securities: Optimistic about the prospects of leading domestic trendy toy manufacturers continuing to expand into the global market.
