Golden-10 Summary: US Non-Farm Payrolls Exceed Expectations; State Council Executive Meeting Deploys Market Stability Measures
TechFlow reports: On November 7, according to Jinshi Data, a summary of key overnight and morning headlines indicates that U.S. non-farm payrolls for October significantly exceeded expectations, prompting markets to increase bets on a Federal Reserve rate hike in December; the State Council executive meeting proposed improving the capital market stabilization mechanism.The Shenzhen Stock Exchange revised the ChiNext Index compilation scheme, progressively adjusting the weight cap for individual constituent stocks to 15%; six leading brokerages completed swap facility operations and executed their first batch of stock investments. Reports indicate Microsoft is gradually terminating its AI computing leasing agreement with Oracle, while TSMC plans to deploy 3D DRAM in response to NVIDIA’s request.On the international front, Trump announced the appointment of Stephen Miller as the new White House Chief of Staff; Saudi Arabia cut its December official oil selling price for Asia to a six-yea
TechFlow reports: On November 7, according to Jinshi Data, a summary of key overnight and morning headlines indicates that U.S. non-farm payrolls for October significantly exceeded expectations, prompting markets to increase bets on a Federal Reserve rate hike in December; the State Council executive meeting proposed improving the capital market stabilization mechanism.
The Shenzhen Stock Exchange revised the ChiNext Index compilation scheme, progressively adjusting the weight cap for individual constituent stocks to 15%; six leading brokerages completed swap facility operations and executed their first batch of stock investments. Reports indicate Microsoft is gradually terminating its AI computing leasing agreement with Oracle, while TSMC plans to deploy 3D DRAM in response to NVIDIA’s request.
On the international front, Trump announced the appointment of Stephen Miller as the new White House Chief of Staff; Saudi Arabia cut its December official oil selling price for Asia to a six-year low; Kazakhstan plans to reduce the proportion of gold in its reserves to below 75% over the medium term. Fed officials Daly stated they are prepared to further raise rates if necessary, while Williams noted that inflation remains too high.
