Weekly Market Updates - October 23th


Weekly Market Updates

The US market experienced a brief two-day rebound at the start of the week, followed by continuous decline amidst the dual pressures of interest rate hikes and the escalating Israel-Palestine conflict. 

The market reacted strongly after Federal Reserve President Powell implied that there would be further interest rate hikes this year and an extension of higher interest rates, contrary to what many would have thought.

The US economic data presents an uncertain outlook regarding interest rate hikes, but it is becoming increasingly clear that high interest rates are likely to persist for an extended period. It is still highly uncertain whether the US Fed may look to follow through with a rate hike this year, but the third-quarter GDP and the Core PCE Price Index in the US this week are pivotal factors for the subsequent interest rate decisions.

MKT 1023

Israel-Palestine conflict is tensing market nerves. The news of an Israeli ground offensive in the Gaza Strip that could last for three months is likely to instill fear in the market and lead to a further fall.

The European market also experienced a decline last week where localized chaos and riots were observed stemming from the Israel-Palestine conflict. It is worth noting that there is an upcoming interest rate meeting at the European Central Bank scheduled for this week.

标准普尔500指数-3年走势 - 副本

Main Index & P/E Ratio-3 years

China's market remains shrouded in pessimism, seemingly overlooking positive economic data, including a 4.9% year-on-year GDP growth, two consecutive months of increased retail sales of consumer goods, rising industrial investment, and an improved urban unemployment rate. It seems that the market has not yet hit its lowest point, and investors will need more patience for China's market to recover following diminishing confidence. Nevertheless, a rebound will come as long as the economy and the property market continue to show signs of recovery.

Investment views



1. 本文所包含的任何信息均不构成购买或出售任何产品或金融产品、进行任何投资或参与任何特定交易策略的要约(或招揽)。

2. 我们未考虑您的个人投资目的、具体投资目标、具体需求或财务状况,也没有做出任何陈述,也不对本文所提供信息的准确性或完整性承担任何责任。

3. 任何意见表达(或未经通知而更改)都是作者的个人行为,且作者无法保证任何信息和/或分析的准确性和/或完整性。

4. 我们,包括作者,不就按照理解的建议、预测和任何其它信息进行投资造成的任何损失承担责任。本文的内容不应被理解为您根据本文所含信息可获利或者您不会遭受损失的陈述或保证(无论明示还是暗示)。

5. 在您做出任何投资决策前,应仔细考虑自身风险偏好,并在必要时寻求独立的理财建议。

6. 除非另有明文规定,作者的作品归我们拥有,未经我方事先书面同意,不得抄袭、复制、传播、显示、分发、转载、更改和保存供以后使用或以其他方式全部或部分使用。


1. None of the information contained herein constitutes an offer (or solicitation of an offer) to buy or sell any product or financial instrument, to make any investment, or to participate in any particular trading strategy. 

2. We did not take into account your personal investment objectives, specific investment goals, specific needs or financial situation and make no representation and assume no liability to the accuracy or completeness of the information provided herein. 

3. Any expression of opinion (which may be subject to change without notice) is personal to the writer (the “Writer”) and the Writer makes no guarantee of any sort regarding the accuracy and/or completeness of any information and/or analysis.

4. We, including the Writer, shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained herein. The contents herein should not be construed as an express or implied promise, guarantee or implication by us that you will profit or that losses in connection herein can or will be limited, from reliance on any information set out herein. 

5. You should carefully consider your risk appetite when making any investment decision, and to seek independent financial advice if necessary. 

6. The works of authorship contained herein are owned, excepted as otherwise expressly stated, by us, and may not be copied, reproduced, transmitted, displayed, distributed, sublicensed, altered, stored for subsequent use or otherwise used in whole or in part in any manner without our prior written consent. 

Enterprise WeChat QR code