[Today's Market Preview] Major U.S. Data is Coming! Copper Prices Hit New Highs
Today's market outlook includes: 1. The three major U.S. stock index futures are mixed, with Baidu's stock price soaring in pre-market trading due to its AI chip subsidiary planning to go public in Hong Kong. 2. The U.S. will release the September PCE data; if it falls short of expectations, it may increase bets on interest rate cuts, benefiting U.S. stocks and gold; if it exceeds expectations, it will benefit the U.S. dollar. 3. Copper prices hit a new high, with Citigroup predicting it will reach USD 13,000 per ton by Q2 2026. 4. The Australian dollar has risen consecutively, reaching a two-month high, and may reach 0.67 by the end of the year. 5. Bitcoin is experiencing a pullback, but JP Morgan is optimistic about its long-term trend
