Due to stronger than expected U.S. inflation data, traders have lowered their interest rate cut expectations, leading to a continued drop in gold prices. The July PPI unexpectedly rose to 3.3% year-on-year, raising market concerns as investors follow retail sales and consumer confidence data. At the same time, the uncertainty around U.S. trade negotiations and the meeting between Trump and Putin provides safe-haven support for gold.

Fed's Musalem stated that the interest rate cut decision requires careful consideration, and the current economic conditions do not support a 50 basis point cut. He mentioned the possibility of persistent inflation and risks in the labor market, emphasizing the need to seek a balance between slowing economic growth and profit pressure.

Jin10 data, August 14th - U.S. Treasury Secretary Basent stated that he is not asking the Fed to carry out a series of rate cuts, but merely pointed out that models indicate the "neutral" interest rate will be about 1.5 percentage points lower than it is now. Basent said, "I did not tell the Fed what to do." He was referring to comments made the day before about the Fed "being able to start a series of rate cuts." Basent stated on Thursday, "What I am saying is that reaching the neutral rate would require roughly a cut of 150 basis points. If one believes in the existence of a neutral rate, I think there is room for a series of rate cuts, but I am not calling for rate cuts, nor have I done so. I am just saying that the neutral rate estimated by models is about 150 basis points lower than the current level."

Jin10 Data reported on August 14 that last week, the number of initial jobless claims in the U.S. slightly decreased, indicating that employers remain reluctant to lay off workers. For the week ending August 9, initial jobless claims fell by 3,000 to 224,000, which is largely in line with economists' expectations. Due to Trump’s policies, particularly the economic uncertainty brought about by tariff policies, companies have reduced the number of new hires. However, the relatively low number of initial claims suggests that employers are not conducting large-scale layoffs. Additionally, the number of continuing jobless claims dropped to 1.95 million. Over the past few months, this figure has hovered near the highest levels since 2021, indicating that many unemployed Americans are finding it difficult to secure jobs.

Jin10 data August 14 news, driven by soaring service costs, the PPI growth rate in the United States reached its highest level in three years in July. The report released by the U.S. Bureau of Labor Statistics on Thursday showed that the PPI rose 0.9% from the previous month, compared to no change in June. The index increased by 3.3% compared to the same period last year. The index excluding food, energy, and trade services rose 0.6% from June and increased by 2.8% compared to the same period last year.

Jin10 data reported on August 14, the institutional survey shows that market expectations for the Fed's September meeting have undergone a huge change. According to Kalshi's data, traders now expect for the first time a higher likelihood of a 50 basis point rate cut (11%) than no rate cut (10%). Most respondents still believe there will be a 25 basis point cut (81%), but the balance between "holding steady" and "larger rate cuts" is shifting, indicating that some are starting to digest more aggressive easing policies.

Jin10 reported on August 14 that the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority have noted recent market fluctuations related to the stablecoin concept. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority urge the public to remain cautious, thoroughly analyze relevant information, and avoid making irrational investment decisions based solely on market speculation or price momentum. The public should keep in mind that making well-considered and informed decisions in a fluctuating environment is crucial for reducing risks.

Morgan Stanley analyst Bruna Skarica believes that the UK's second quarter GDP rise of 0.3% is better than expected, but the growth momentum is slowing, which may lead the Central Bank to cut interest rates in November. The current market sees a 33% chance of a rate cut.

Putin met with senior Russian officials before the summit with U.S. President Trump, stating that the U.S. is actively working to stop the war in Ukraine, and that reaching an agreement in the field of nuclear arms control would contribute to peace between Russia and the U.S. as well as global peace.

Jin10 data reported on August 14 that Sinopharm Holdings (01099.HK) announced on the Hong Kong Stock Exchange that in the first half of 2025, Sinopharm achieved an operating income of RMB 36.797 billion, a year-on-year decrease of 2.62%; the net profit attributable to shareholders of the listed company was RMB 666 million, a year-on-year decrease of 10.43%, with the corresponding basic earnings per share decreasing by 10.45% year-on-year, and the weighted average return on net assets decreasing by 0.49 percentage points year-on-year.

Jin10 data, August 14 news, Weilang Delicious (09985.HK) announced on the Hong Kong Stock Exchange that total revenue for the first half of the year was RMB 3,482.9 million, a year-on-year rise of 18.5%; gross profit was RMB 1,642.4 million, a year-on-year rise of 12.3%; gross profit margin was 47.2%, a year-on-year decrease of 2.6 percentage points; profit for the period was RMB 736.2 million, a year-on-year rise of 18.5%; basic earnings per share were RMB 0.31, a year-on-year rise of 14.8%; the resolution to distribute an interim dividend of RMB 0.18 per share for ordinary shares.

Jin10 data reported on August 14th, before meeting with Russian President Putin, U.S. President Trump raised the stakes. This is not only about the Ukraine conflict, but also about his own credibility. Three individuals who participated in discussions with Trump asserted that he is not bluffing; this is no longer the preliminary meeting Trump previously mentioned. He privately told the Ukrainian president and NATO leaders that his goal is a ceasefire, and then publicly threatened Putin that there would be "very serious consequences" if he does not agree to stop fighting. "This is the most serious and direct statement Trump has ever made. He wants to show this to the world," a senior U.S. official said. "Now, the responsibility falls on Putin: agree to a ceasefire or demonstrate real action, otherwise face serious consequences," the official continued, "Putin must show very proactive action." Another U.S. official insisted that Putin "proactively reached out to Trump," and then requested this meeting; now he must deliver.

Jin10 data on August 14 reported that Thierry Wizman, a global forex and interest rate strategist at Macquarie Group, pointed out that the potential peace protocol between Russia and Ukraine could be a double-edged sword for the euro. The prospect of a peace protocol or indefinite ceasefire would weaken the buying of geopolitical safe-haven assets such as the Swiss franc and yen seen last week, and drive capital flows towards the euro; but it would also provide greater energy security and drop energy costs, as oil prices are expected to fall. In contrast to the "peace" narrative, the conflict may also boost the prospects for European rise and re-inflation, as it has triggered new commitments to increase European defense spending and related infrastructure spending. Therefore, after emphasizing the double-edged sword effect of the potential peace protocol on the euro, Wizman stated that if a ceasefire or comprehensive peace protocol is reached, the euro/USD will further rise amidst still high European defense spending.

Jin10 data reported on August 14, China Merchants Port announced that the total number of containers in July 2025 was 17.287 million TEU, a decrease of 0.9% year-on-year. The cumulative number of containers this year was 118.496 million TEU, an increase of 4.7% year-on-year. Among them, the number of containers at inland ports in July was 13.647 million TEU, an increase of 0.4% year-on-year. The number of containers at overseas ports in July was 3.231 million TEU, a decrease of 3.9% year-on-year. The total amount of general cargo in July was 103 million tons, an increase of 10.6% year-on-year. The cumulative general cargo this year was 734 million tons, an increase of 0.7% year-on-year.

Jin10 data, August 14 - Credit rating agency S&P Global upgraded India's long-term sovereign credit rating from "BBB-" to "BBB" on Thursday, citing India's economic resilience and ongoing fiscal consolidation. The agency had previously adjusted India's rating outlook from stable to positive in May last year due to strong economic growth and improvements in the quality of government spending. S&P stated in a release: "The upgrade of India's rating reflects its strong economic growth, while the strengthening monetary policy environment anchors inflation expectations. Coupled with the government's commitment to fiscal consolidation and efforts to improve spending quality, we believe these factors have collectively driven the improvement in credit metrics." However, S&P warned that if there is a political wavering in India's commitment to consolidating public finances, the rating could be downgraded; additionally, if economic growth slows significantly on a structural level, thereby undermining fiscal sustainability, it could also bring downward pressure. Of course, the rating could also further...

Jin10 reported on August 14 that according to data released by the Indian government on Thursday, India's merchandise trade deficit in July was $27.35 billion. A previous Reuters survey indicated that analysts had originally expected a trade deficit of $20.35 billion in July, compared to $18.78 billion the previous month.

Jin10 reported on August 14 that Lu'an Environmental Energy announced that the raw coal output in July was 4.48 million tons, a year-on-year decrease of 9.13%; the commodity coal output in July was 4 million tons, a year-on-year decrease of 6.1%.

Jin10 data reported on August 14 that Yuxin Technology stated on the interactive platform that the company attaches great importance to the overseas business and the opportunities for development brought by the internationalization strategy of the Renminbi, making cross-border payment business an important part of its overseas strategy. The company successfully won the bid and participated in the construction project of digital fiat currency in a certain overseas region, and the relevant business is still in the development stage, accounting for a small proportion of the company's operating income.

Jin10 data reported on August 14, that Ribo Fashion announced that on August 14, 2025, Ribo Holdings paid the remaining transfer price of a total of 67.865 million yuan to the company in advance. As of now, all matters related to the equity Delivery and payment for this transaction have been completed, and the company has received the full equity transfer payment of 139 million yuan for this transaction.

Jin10 data reported on August 14, the Shanghai Composite Index broke through 3700 points and hit a new high in four and a half years, and the pullback came as expected. Most individual stocks fell while few rose, high-position stocks experienced a pullback across the board, and heavyweight stocks made a strong push to stabilize the market. In this regard, Li Daxiao believes that one should not be scared by the short-term pullback, as it is not the peak of this round of pump. He also reminded that the current valuation of core assets still has attractiveness, but the peaks of micro-cap stocks and some overvalued individual stocks may have already arrived.