Super Central Bank Sunday "raid" only interlude, technology stocks support US stock rebound, Chinese concept stocks soar! Chinese concept index surges 7%

After the GDP, the hope for a soft landing of US data such as PCE inflation increased. The NASDAQ Composite Index rose nearly 2%, marking its largest gain in two months. Meta and Google's earnings reports both increased by over 10% this week. Chip stocks outperformed the market for consecutive days, with Intel rising over 6%. Chinese concept stocks soared for the second day this week, with the Nasdaq Golden Dragon China Index recording its second largest daily gain of the year and a 13% increase for the week. Several Chinese concept stocks, including XPeng Motors, NIO, JD.com, and Alibaba, rose by more than 10%, while Alibaba rose by over 5%. The Bank of Japan made a surprise adjustment, causing the yen to surge over 1% before falling back by over 1%. Inflation in Germany and France cooled down, GDP improved, and European bond yields surged before retreating, while the German stock market reached new historical highs. After the release of the PCE data, the 10-year US Treasury yield briefly fell by 10 basis points, but still ended the week with an increase of over 10 basis points. Crude oil rose for the fifth consecutive week, with a nearly 5% increase, marking its largest gain in over three months. Gold bid farewell to its two-week low and continued its upward trend for the third consecutive week. London nickel rose by over 7% in a week.