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Beike (BEKE.N) reported revenue of RMB 23.052 billion and net profit of RMB 749 million in Q3 2025, with an ADS of RMB 0.65.On November 10th, Shannon Semiconductor issued an announcement stating that its main business is currently chip distribution and product development. The company has noted recent market reports regarding rising prices for memory chips. The company and its subsidiaries are currently operating normally, and there have been no significant changes in its main business or fundamentals.November 10th - Some Wall Street strategists believe that strong corporate earnings will drive a U.S. stock market rally in 2026, and the risks surrounding the uncertain interest rate outlook will prove to be temporary. Morgan Stanleys Michael Wilson stated that there are "clear signs" of an ongoing earnings recovery, and U.S. companies are enjoying better pricing power. He also noted that earnings expectation revisions have bottomed out. In a report, Wilson wrote, "While Federal Reserve guidance and the impact of the government shutdown have put pressure on recent stock price movements, these are merely temporary headwinds before a solid 2026 driven by earnings growth." A Citi index shows that since mid-October, more analysts have raised valuations than lowered them. Market focus now shifts to Nvidias earnings report next week for clues about artificial intelligence trends.Jefferies: Raises its target price for Arm (ARM.O) from $173 to $205.On November 10th, JPMorgan analysts wrote in a report that European luxury goods groups showed some positive signs in the third quarter, with a sequential improvement compared to the previous quarter. Analysts stated that investors welcomed these better results, and share prices performed strongly throughout the earnings season. However, they added that the market lacks a clear turning point because Asian demand remains volatile and questions persist about US spending during the peak sales season. The analysts believe, "We think luxury goods stocks need to see a real upgrade, which really requires better underlying improvement to support this positive performance." Furthermore, they noted that market polarization remains high, putting brands with strong momentum in a more advantageous position overall.

The international gold price is bearish and will not be short for the time being. After it falls below $1738, the short position will enter the market.

Oct 26, 2021 10:57

On Friday (October 1), the spot gold price was basically stable, not far from the one-week high of US$1,764.26 per ounce recorded on the previous trading day. Because of the unexpected increase in the number of initial jobless claims in the United States announced overnight, and some Fed officials said the need to maintain low interest rates.

At 15:15 GMT+8, spot gold fell 0.04% to 1756.25 US dollars per ounce; the main COMEX gold contract fell 0.02% to 1756.7 US dollars per ounce; the US dollar index rose 0.02% to 94.284.


On Thursday (September 30), the gold price rebounded sharply from the low point of $1,721.76 per ounce set on August 10 the previous day, and closed up nearly 1.8% in the final trading; because the U.S. dollar index fell back to a new high of 94.504 since September 28 , The final trade closed down more than 0.1%.

Chicago Fed Chairman Evans said on Thursday (September 30) that he believes that the current supply shocks pushing up prices will be eased next year, and the United States still needs to maintain low interest rates in order to bring the inflation rate back to 2% for a long time.

Data released on Thursday showed that as of the week of September 25, the seasonally adjusted number of initial jobless claims in the United States unexpectedly rose to 362,000, higher than market expectations of 330,000 and higher than the previous value of 351,000. .

The U.S. Congress passed a provisional bill on Thursday to avoid a government shutdown, but as the House of Representatives prepares to vote on the $1 trillion infrastructure bill, President Biden’s agenda is facing another test.

Congressional Democrats and Republicans continue to quarrel over whether to grant the Treasury Department a debt authorization that exceeds the current legal debt ceiling of $28.4 trillion. Treasury Secretary Yellen estimated that if Congress does not take action, the United States may have an unprecedented debt default around October 18.

Standard & Poor's Global Ratings warned on Thursday that if the United States defaults on debt, it will have "serious and extraordinary" consequences for financial markets. However, the agency added that it is expected that the US Congress will eventually resolve the debt ceiling issue in time.

On the daily chart, the price of gold fell below the 38.2% target of the downward (3) wave that started from $1834 at $1744. The market outlook is expected to further drop to the 61.8% target at $1688. (3) Wave is a sub-wave of the downward ((Y)) wave that started from 1917 USD, and ((Y)) belongs to the adjusted IV wave that started from 2075 USD 5.

On the hourly chart, the price of gold is expected to start a five-wave downward trend from US$1,764. It is expected to fall below the 38.2% target of US$1748, and further drop to the 61.8% target of US$1738. Wave 5 is the sub-wave of (3) Wave.

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