https://chase-dream.cn/en/digests/ai-20261102-am/NightIndexen2026-11-02T08:14:07+08:00AI Compute Builds a $4.11 Trillion Commitment Stack as 24 Optical Firms Post 50%+ Profit Growth — Financing Scrutiny Tests the Infrastructure Trade https://chase-dream.cn/digests/ai-20261102-am/NightIndexzh-cn2026-11-02T08:14:07+08:00人工智能（Artificial Intelligence，AI）产业晨报：业绩验证强化，融资与项目进度风险同步升温 https://chase-dream.cn/digests/cn_macro-20261102-am/NightIndexzh-cn2026-11-02T08:05:25+08:00隔夜宏观：利率机制切换，资本市场会议受关注，内外数据密集 https://chase-dream.cn/en/digests/cn_macro-20261102-am/NightIndexen2026-11-02T08:05:25+08:00PBOC Re-anchors Without a 15bp Cut as Gold Falls Below $3,900 and Manufacturing PMI Slips to 49.3% https://chase-dream.cn/digests/fed_macro-20261102-am/NightIndexzh-cn2026-11-02T08:02:25+08:00利率路径生变，长债供给生疑：隔夜市场的三条主线 https://chase-dream.cn/en/digests/fed_macro-20261102-am/NightIndexen2026-11-02T08:02:25+08:00Equities and Dollar Slip on Fed Jitters: December 25bp Odds Near 80% or Above 86% as a 3.75%-4.00% Hold Meets Treasury Issuance Overhaul https://chase-dream.cn/en/digests/global_macro-20261102-am/NightIndexen2026-11-02T08:08:34+08:00Australia’s Expected Fifth Hike to 4.85% Draws ~80% Odds as Manufacturing Slips to 49.6 and Home Prices Head for Their Biggest Fall in 40 Years https://chase-dream.cn/digests/global_macro-20261102-am/NightIndexzh-cn2026-11-02T08:08:34+08:00隔夜全球宏观：澳洲第五次加息概率约八成，新西兰股票与汇率面临选举考验 https://chase-dream.cn/digests/hormuz-20261102-am/NightIndexzh-cn2026-11-02T08:11:38+08:00霍尔木兹海峡（Strait of Hormuz）风险升级：油轮触雷与船只遇袭，今晨关注能源及航运成本 https://chase-dream.cn/en/digests/hormuz-20261102-am/NightIndexen2026-11-02T08:11:38+08:00Two Tankers, Two-Day Reopening Bid: Hormuz Mine Risk Collides With Already-Rising Shipping Costs https://chase-dream.cn/en/digests/industrial_metals-20261102-am/NightIndexen2026-11-02T08:19:58+08:00U.S.-Backed Searston Project Targets 2028, Silver Process Tops 99.99%: Billions in Backing, Yet Little U.S. Domestic Output https://chase-dream.cn/digests/industrial_metals-20261102-am/NightIndexzh-cn2026-11-02T08:19:58+08:00工业金属（Industrial Metals）隔夜主线：项目推进与产业进展 https://chase-dream.cn/en/digests/precious_metals-20261102-am/NightIndexen2026-11-02T08:18:10+08:00Gold Clears $3,900/oz (+0.61%), Silver Tops $49.78/oz (>1%): Breakout vs. Stop-Liquidation Tension https://chase-dream.cn/digests/precious_metals-20261102-am/NightIndexzh-cn2026-11-02T08:18:10+08:00金银隔夜上行，白银期货涨超1% https://chase-dream.cn/en/digests/research-20261102-am/NightIndexen2026-11-02T08:17:04+08:00Goldman Raises Brent Forecast to $105 as All-A Ex-Financial Q3 Profit Grows 20.94%, but an 8.54% Drop and 49.3% PMI Keep the Reboot Conditional https://chase-dream.cn/digests/research-20261102-am/NightIndexzh-cn2026-11-02T08:17:04+08:00隔夜研报：人工智能（Artificial Intelligence，AI）投资回报分歧显现，A股修复与防御并行 https://chase-dream.cn/en/digests/ai-20261101-am/NightIndexen2026-11-01T08:09:07+08:00AI Funding Meets a 3% Data Wall: OpenAI Targets $20B, Anthropic Eyes ANT, Investors Trim Tech Bets https://chase-dream.cn/digests/ai-20261101-am/NightIndexzh-cn2026-11-01T08:09:07+08:00隔夜人工智能：技术推进与回报审视并行 https://chase-dream.cn/digests/ai-20261101/NightIndexzh-cn2026-11-01T19:08:37+08:00人工智能热潮进入回报验证期：算力扩张与资本审视同步加深 https://chase-dream.cn/en/digests/ai-20261101/NightIndexen2026-11-01T19:08:37+08:00Physical AI’s Two-Week Surge Meets a 500,000-Hour Data Wall; Anthropic’s Potential Record IPO Filing Meets a $2.7 Trillion Nasdaq 100 Drawdown https://chase-dream.cn/digests/cn_macro-20261101-am/NightIndexzh-cn2026-11-01T08:02:54+08:00扩内需稳外贸政策发力，内需修复仍待兑现 https://chase-dream.cn/en/digests/cn_macro-20261101-am/NightIndexen2026-11-01T08:02:54+08:00October China PMI Falls to 49.3 as Production Drops Faster Than Orders, Making Fiscal Execution Decisive — Regional Growth Gap Widens to 5.7 Percentage Points as Developer Sales Still Decline https://chase-dream.cn/en/digests/cn_macro-20261101/NightIndexen2026-11-01T19:03:22+08:00China’s PMIs Stay Below 50 as Listed-Company Profits Hit 5.1 Trillion Yuan: Capital-Market Meetings Set, but Property and Domestic Demand Remain Soft https://chase-dream.cn/digests/cn_macro-20261101/NightIndexzh-cn2026-11-01T19:03:22+08:00稳预期、扩内需与开放增量并行 https://chase-dream.cn/en/digests/fed_macro-20261101-am/NightIndexen2026-11-01T08:00:40+08:00Two Fed Officials Call for Hikes as Rate-Hike Pricing Reaches 80% — Warsh’s Four Words Stay Unseen and the Payroll Forecast Is Unspecified https://chase-dream.cn/digests/fed_macro-20261101-am/NightIndexzh-cn2026-11-01T08:00:40+08:00美联储隔夜晨报：八成加息押注牵动开盘预期 https://chase-dream.cn/digests/fed_macro-20261101/NightIndexzh-cn2026-11-01T19:01:02+08:00美联储（Federal Reserve）路径悬念：12月降息（rate cut）押注与加息（rate hike）风险并存 https://chase-dream.cn/en/digests/fed_macro-20261101/NightIndexen2026-11-01T19:01:02+08:00December Fed Cut Bets vs. Rebounding-Job Hike Odds: 67% Democratic-Sweep Price Meets a 29% Intel Drop Before the Midterm Window https://chase-dream.cn/digests/global_macro-20261101-am/NightIndexzh-cn2026-11-01T08:04:31+08:00全球经济韧性凸显，国际共识不足与贸易不确定性延续 https://chase-dream.cn/en/digests/global_macro-20261101-am/NightIndexen2026-11-01T08:04:31+08:00Fund Failures Force Turkey’s Capital-Markets Leadership Change: G20 Deadlock and 422 French Arrests Expose a Fractured Order https://chase-dream.cn/digests/global_macro-20261101/NightIndexzh-cn2026-11-01T19:05:16+08:00全球宏观：主要产油国产量配额拟维持，新兴市场融资仍存挑战 https://chase-dream.cn/en/digests/global_macro-20261101/NightIndexen2026-11-01T19:05:16+08:00OPEC+ Set to Hold December Quotas as Korean Exports Gain 93.7% y/y and Germany Misses Winter Gas Target — $42.5 Billion Surplus Meets Fragile Energy Security https://chase-dream.cn/digests/hormuz-20261101-am/NightIndexzh-cn2026-11-01T08:06:48+08:00霍尔木兹海峡（Strait of Hormuz）风险升温：油轮触雷，美国与伊朗信号拉扯 https://chase-dream.cn/en/digests/hormuz-20261101-am/NightIndexen2026-11-01T08:06:48+08:00Mine Strike Turns Hormuz Risk into an Oil Problem: More Than 30 Attacks in One Month, Brent Near $115 and a Reported 2 Million-Barrel Loss — Diplomacy Opens, but Washington Prepares to Resume Strikes https://chase-dream.cn/digests/hormuz-20261101/NightIndexzh-cn2026-11-01T19:06:52+08:00霍尔木兹海峡（Strait of Hormuz）：重开条件与通行受阻风险并存 https://chase-dream.cn/en/digests/hormuz-20261101/NightIndexen2026-11-01T19:06:52+08:00Iran’s Conditional Two-Day Hormuz Reopening Bid Faces Four-Tanker Mine Claim - Brent Eyes $120 While Trump Leaves Gohshan Strike Option Open https://chase-dream.cn/digests/precious_metals-20261101-am/NightIndexzh-cn2026-11-01T08:12:12+08:00隔夜黄金资金转向防守，科技股大跌引发陪跌讨论 https://chase-dream.cn/en/digests/precious_metals-20261101-am/NightIndexen2026-11-01T08:12:12+08:00Gold Options Turn Cautious as Put Open-Interest Growth Leads Call Additions; Tech Rout Raises a Correlation Question and $3X00 Downside Frame https://chase-dream.cn/en/digests/precious_metals-20261101/NightIndexen2026-11-01T19:11:00+08:00Gold and Silver Plunge on Fed Rate-Hike Bets and Inflation Fears as Gold’s $3,760-$3,700 Downside Target Meets Improving Fundamentals https://chase-dream.cn/digests/precious_metals-20261101/NightIndexzh-cn2026-11-01T19:11:00+08:00金银重挫：加息预期（rate-hike bets）与通胀担忧（inflation fears）施压 https://chase-dream.cn/en/digests/research-20261101-am/NightIndexen2026-11-01T08:11:38+08:00RMB 700bn ETF Inflows Meet a 13.73% Tech Rout: A No-Hike FOMC and Intel’s >23% Night Drop Leave the Rebound Unproven https://chase-dream.cn/digests/research-20261101-am/NightIndexzh-cn2026-11-01T08:11:38+08:00隔夜信息中的A股（Chinese A-shares）：外部扰动下的资金托底与结构分化 https://chase-dream.cn/en/digests/research-20261101/NightIndexen2026-11-01T19:10:21+08:00ETF Support Meets AI-Capex Stress: ChiNext -10.08%, STAR 50 -13.73%, and RMB400bn of Inflows Still Do Not Confirm a Bottom https://chase-dream.cn/digests/research-20261101/NightIndexzh-cn2026-11-01T19:10:21+08:00科技退潮之后，市场还缺哪些答案 https://chase-dream.cn/digests/ai-20261031/NightIndexzh-cn2026-10-31T19:11:02+08:00人工智能（Artificial Intelligence，AI）产业：资本、算力与应用 https://chase-dream.cn/en/digests/ai-20261031/NightIndexen2026-10-31T19:11:02+08:00AI’s $750B Spend Test Meets a $1T+ Nasdaq-100 Wipeout: Anthropic’s Reported $100B IPO Bid, Meta’s Negative Rating Outlook and DRAM Scarcity — Who Pays? https://chase-dream.cn/digests/cn_macro-20261031/NightIndexzh-cn2026-10-31T19:04:35+08:00政策利率（Policy Rate）换锚、增量资金与外部风险的今日宏观图谱 https://chase-dream.cn/en/digests/cn_macro-20261031/NightIndexen2026-10-31T19:04:35+08:00PBOC’s 1.25% Overnight Repo Switch Formalizes Easing Without a Rate Cut — Industrial Profits +15.5%, ETF Inflows Near RMB400 Billion, and U.S.-Iran Strike Risk https://chase-dream.cn/en/digests/fed_macro-20261031/NightIndexen2026-10-31T19:01:27+08:00Fed Holds Rates as 3.4% Growth Coexists With -0.3% Real Disposable Income — More-Hike Calls and a $40B Florida Mortgage Plan https://chase-dream.cn/digests/fed_macro-20261031/NightIndexzh-cn2026-10-31T19:01:27+08:00美联储利率决议：按兵不动与渐进加息信号并存 https://chase-dream.cn/digests/global_macro-20261031/NightIndexzh-cn2026-10-31T19:06:32+08:00全球宏观：能源与财政压力牵动政策，防御交易升温 https://chase-dream.cn/en/digests/global_macro-20261031/NightIndexen2026-10-31T19:06:32+08:00Europe’s 1.9% Defensive Gain Meets a €1.5bn French Shutdown-Weekend Cost as the BoE Eyes 5x Mortgages — Faster BOJ ETF Sales May Aid Takaichi’s Spending Plan https://chase-dream.cn/en/digests/hormuz-20261031/NightIndexen2026-10-31T19:08:50+08:00IRGC Reports Fourth Hormuz Tanker Hit a Mine — Traffic Stays 70% Below Pre-War Levels as Oil Reaches a Six-Month High — Talk Claims Meet Fresh War Warnings https://chase-dream.cn/digests/hormuz-20261031/NightIndexzh-cn2026-10-31T19:08:50+08:00霍尔木兹海峡（Strait of Hormuz）：第四艘油轮触雷，航运流量仍比战前低七成 https://chase-dream.cn/en/digests/industrial_metals-20261031/NightIndexen2026-10-31T19:16:43+08:00Copper’s $205/t Yangshan Premium Holds Through a 1.41% AI-Led Copper Drop to $14,154.5/t — Chile’s 8.4% Output Downgrade Raises the Stakes https://chase-dream.cn/digests/industrial_metals-20261031/NightIndexzh-cn2026-10-31T19:16:43+08:00基本金属（base metals）普跌，铜的供给约束难抵风险偏好降温 https://chase-dream.cn/digests/precious_metals-20261031/NightIndexzh-cn2026-10-31T19:14:42+08:00黄金（gold）白银（silver）同步下挫，部分避险资金转向美债 https://chase-dream.cn/en/digests/precious_metals-20261031/NightIndexen2026-10-31T19:14:42+08:00Oil-Inflation Pressure and Treasury Rotation Drive Gold 3.3-3.6% Through $3,900 as Silver Breaks $50: Jewelry Marks Fall CNY 541-548/g From Year Highs https://chase-dream.cn/en/digests/research-20261031/NightIndexen2026-10-31T19:13:23+08:00Ten AI Firms Carry 16% of CDX Implied Risk While A-Share Profits Grow ~15% — A Valuation-Led Rebound Meets a Funding Test https://chase-dream.cn/digests/research-20261031/NightIndexzh-cn2026-10-31T19:13:23+08:00研报动态：A股再平衡、人工智能信用重估与选举扰动