巴西雷亞爾兌美元跌至日內低點，政府調整援助政策後，利率互換大幅上升。

美聯儲FOMC經濟預期：美聯儲核心CPI預測中位數在2026年爲3.4%，2027年爲2.5%。

China International Capital Co (CICC) says the Fed is more likely to pause than hike, leaving markets positioned like long-call bets on uncertain upside. Using a static model of US Treasury yields and the dollar, CICC estimates gold support around $4,200–$4,500. Unless the Fed delivers consecutive hikes, downside pressure on gold is relatively contained; meaningful upside, however, requires a broader narrative. A Fed pause could feed narratives of lost confidence and de‑dollarization, while hikes would weaken that storyline, so upside is larger under no-hike scenarios and dependent on further narrative catalysts.