https://chase-dream.cn/digests/ai-20261103-am/NightIndexzh-cn2026-11-03T08:10:51+08:00人工智能（Artificial Intelligence，AI）隔夜晨报：算力扩张、融资升温与应用落地并行 https://chase-dream.cn/en/digests/ai-20261103-am/NightIndexen2026-11-03T08:10:51+08:00Cloud Capex Guides Stay Near $730 Billion as Anthropic's First-Three-Quarter Revenue Hits $33.2 Billion — Oracle's $20 Billion Raise Tests Financing Tolerance https://chase-dream.cn/en/digests/ai-20261103/NightIndexen2026-11-03T19:15:25+08:00SpaceX AI Capacity Heads to 2.7GW as a More Than £20bn UK Data-Center Project Is Announced and Anthropic’s $1.72 Compute Yield Turns Down — Buildout Meets Unit-Economics Stress https://chase-dream.cn/digests/ai-20261103/NightIndexzh-cn2026-11-03T19:15:25+08:00人工智能（Artificial Intelligence，AI）基础设施扩张，安全落地与商业化压力并存 https://chase-dream.cn/digests/cn_macro-20261103-am/NightIndexzh-cn2026-11-03T08:05:06+08:00稳市工具升级领衔隔夜，产业与能源政策同步推进 https://chase-dream.cn/en/digests/cn_macro-20261103-am/NightIndexen2026-11-03T08:05:06+08:00PBOC Schedules Third Swap Operation as Applications Exceed RMB 100bn and Cuts Buyback/Top-Up Relending to 1.00%: A-Shares Rebound After ChiNext's 4.13% Drop on RMB 1.67tn Turnover https://chase-dream.cn/digests/cn_macro-20261103/NightIndexzh-cn2026-11-03T19:03:46+08:00证券、基金、保险公司互换便利（Swap Facility for Securities, Funds and Insurance Companies，SFISF）第三次操作落地：流动性支持与发行约束并行 https://chase-dream.cn/en/digests/cn_macro-20261103/NightIndexen2026-11-03T19:03:46+08:00Third SFISF Applications Top RMB 100 Billion as Southbound Net Buys Exceed HK$13 Billion — JPMorgan Sees Support for an A-Share Floor, but a Reported IPO Pause and Export-Rebate Repricing Complicate the Signal https://chase-dream.cn/en/digests/fed_macro-20261103-am/NightIndexen2026-11-03T08:01:17+08:00Treasuries Rally as Oil Tumbles and the 30-Year Falls to 5.243% While Factory-Gate Inflation Accelerates and a Brokerage Puts December Hike Odds at 75% — Dovish Market, Hawkish Data Mix https://chase-dream.cn/digests/fed_macro-20261103-am/NightIndexzh-cn2026-11-03T08:01:17+08:00隔夜晨报｜美债长端走强，油跌难掩加息悬念 https://chase-dream.cn/en/digests/fed_macro-20261103/NightIndexen2026-11-03T19:02:17+08:00Repo Overtakes Treasuries as the Dollar's Highest-Convenience Safe Asset — 74% December Hike Odds Meet AI Fears, Election Uncertainty and DXY at 101.684 https://chase-dream.cn/digests/fed_macro-20261103/NightIndexzh-cn2026-11-03T19:02:17+08:00美联储（Federal Reserve）观察：利率路径、选举冲击与美元定价 https://chase-dream.cn/en/digests/global_macro-20261103-am/NightIndexen2026-11-03T08:07:30+08:00European Gas Drops 10% to €93.55/MWh Despite Storage Fragility, While Korea’s 2.8% Core CPI Keeps Hike Risk Alive https://chase-dream.cn/digests/global_macro-20261103-am/NightIndexzh-cn2026-11-03T08:07:30+08:00海外宏观隔夜观察：利率、通胀与政策事件 https://chase-dream.cn/digests/global_macro-20261103/NightIndexzh-cn2026-11-03T19:05:53+08:00澳洲联储加息至18年高位，英国与欧洲央行政策预期分化 https://chase-dream.cn/en/digests/global_macro-20261103/NightIndexen2026-11-03T19:05:53+08:00RBA’s Fifth Hike Lifts Cash Rate to 4.85% and an 18-Year High, yet the Hold Case Still Leaves a Hike Open — UK’s Consensus 25 bp Move Meets a Widening Path Split https://chase-dream.cn/digests/hormuz-20261103-am/NightIndexzh-cn2026-11-03T08:09:06+08:00谈判预期压低油价，霍尔木兹海峡（Strait of Hormuz）风险未解 https://chase-dream.cn/en/digests/hormuz-20261103-am/NightIndexen2026-11-03T08:09:06+08:00Brent Falls More Than 6.5% to $105.55, WTI 7% to $96.81 on Iran Deal Hopes — Hormuz Reopening Hangs on Conditions as Ship-Strike and Gulf Retaliation Risks Persist https://chase-dream.cn/digests/hormuz-20261103/NightIndexzh-cn2026-11-03T19:08:49+08:00谈判预期压低油价，霍尔木兹海峡（Strait of Hormuz）风险仍未解除 https://chase-dream.cn/en/digests/hormuz-20261103/NightIndexen2026-11-03T19:08:49+08:00Negotiation Hopes Send SC Crude Down More Than 8% and Briefly Put Brent Below $110 — Unsafe Hormuz Lanes, a Qeshm Strike and a 5 mb/d Refining-Supply Drop Keep the Risk Premium Alive https://chase-dream.cn/en/digests/industrial_metals-20261103-am/NightIndexen2026-11-03T08:21:01+08:00Copper Adds $190/t, Nickel $285/t and Zinc 2.00% Intraday—Lead Slips $4/t https://chase-dream.cn/digests/industrial_metals-20261103-am/NightIndexzh-cn2026-11-03T08:21:01+08:00工业金属隔夜观察：外盘多数收涨，伦锌盘中冲高 https://chase-dream.cn/digests/industrial_metals-20261103/NightIndexzh-cn2026-11-03T19:26:36+08:00伦铜跌破14000美元/吨，锡价跌至逾六个月低位 https://chase-dream.cn/en/digests/industrial_metals-20261103/NightIndexen2026-11-03T19:26:36+08:00Copper Falls Below $14,000 as AI Risk-Off Meets a 15,875-Ton LME Build; Tin Touches $47,565/t - Tight Copper-Mine Supply and Low Aluminum Stocks Fail to Halt the Rout https://chase-dream.cn/digests/precious_metals-20261103-am/NightIndexzh-cn2026-11-03T08:19:37+08:00金银隔夜强势反攻：金价上破3950美元、银价站上51美元 https://chase-dream.cn/en/digests/precious_metals-20261103-am/NightIndexen2026-11-03T08:19:37+08:00Gold Reclaims $3,950 as Silver Tops $51 After a Liquidity Shock — Wall Street Survey and Retail Buyers Split https://chase-dream.cn/digests/precious_metals-20261103/NightIndexzh-cn2026-11-03T19:22:43+08:00金银冲高回落：纽约期金失守3910美元/盎司，白银跌超4%，中国需求增长留下悬念 https://chase-dream.cn/en/digests/precious_metals-20261103/NightIndexen2026-11-03T19:22:43+08:00Oil-Led Gold and Silver Rebound Fades: New York Gold Drops Below $3,910/oz as COMEX Silver Falls Over 4% to $48.85/oz — Tightening Bets and Midterm Risk Keep the Recovery Contested https://chase-dream.cn/digests/research-20261103-am/NightIndexzh-cn2026-11-03T08:17:57+08:00隔夜晨报：A股反弹待确认，海外基金杠杆拥挤受关注 https://chase-dream.cn/en/digests/research-20261103-am/NightIndexen2026-11-03T08:17:57+08:00Median S&P 500 Revenue Growth Slows to 7.0% as Forward P/E Falls to 18.4x — AI Capex Shows No Clear Slowdown, but Beijing’s Policy Floor Meets Thin Liquidity https://chase-dream.cn/en/digests/research-20261103/NightIndexen2026-11-03T19:19:31+08:00Democratic House/Senate Odds Reach 95%/78% as Tech Sinks 9% From High: VIX Below 20 Masks a 3.75%-4.00% Fed Hold and $113/bbl Brent Cross-Asset Strain https://chase-dream.cn/digests/research-20261103/NightIndexzh-cn2026-11-03T19:19:31+08:00选举悬念、利率路径与科技股分歧：研报动态日报 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/en/digests/ai-20261102/NightIndexen2026-11-02T19:13:50+08:00Near-$20B OpenAI Financing Misses $30B Goal as Data-Center IT Capacity Heads to 316 GW: Deployment Broadens, but $4.11T Commitments Meet 5.3x Election Exposure https://chase-dream.cn/digests/ai-20261102/NightIndexzh-cn2026-11-02T19:13:50+08:00人工智能的多线推进与兑现压力 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/cn_macro-20261102/NightIndexzh-cn2026-11-02T19:07:14+08:00稳市信号升温，市场反弹与汽车盈利承压并存 https://chase-dream.cn/en/digests/cn_macro-20261102/NightIndexen2026-11-02T19:07:14+08:00Swap-Facility Hopes Lift Hang Seng Tech 2.85% as Broad ETF Turnover Tops RMB111.2 Billion — Ma Guangyuan: Confidence Matters More Than Money 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/digests/fed_macro-20261102/NightIndexzh-cn2026-11-02T19:02:31+08:00美元走弱，利率按兵不动：市场重估悬念 https://chase-dream.cn/en/digests/fed_macro-20261102/NightIndexen2026-11-02T19:02:31+08:00Dollar Index Falls to 101.442 as Fed Holds 3.75%-4.00% With Two 25bp Dissenters, but Potential Treasury Overhaul and Credit Stress Keep Volatility Elevated 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/en/digests/global_macro-20261102/NightIndexen2026-11-02T19:09:01+08:00EUR/USD’s 0.5-0.6% Surge Meets an Expected 25bp UK Hike and 5.236% Six-Week Low: Hawkish ECB, Unresolved Budget https://chase-dream.cn/digests/global_macro-20261102/NightIndexzh-cn2026-11-02T19:09:01+08:00欧洲汇率、日本政策与全球资金信号 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/digests/hormuz-20261102/NightIndexzh-cn2026-11-02T19:11:06+08:00霍尔木兹海峡：袭船与复航谈判并行，油价定价分化 https://chase-dream.cn/en/digests/hormuz-20261102/NightIndexen2026-11-02T19:11:06+08:00Two Hormuz Tanker Mine Explosions and an LNG Attack Put a $6bn-Plus Asset-Release Plan to the Test While Oil Drops on Diplomacy 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/digests/industrial_metals-20261102/NightIndexzh-cn2026-11-02T19:23:35+08:00工业金属（Industrial Metals）日内交易、库存与贸易政策观察 https://chase-dream.cn/en/digests/industrial_metals-20261102/NightIndexen2026-11-02T19:23:35+08:00Copper Splits Across $14,298.165/t and ¥107,810/t as SHFE Copper Inventories Fall 17.93% - Tight Ore Meets Tariff-Stored Metal 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/precious_metals-20261102/NightIndexen2026-11-02T19:19:53+08:00Gold Reclaims $3,900/oz and Silver Tops $50/oz as Lower Oil Fuels Dip Buying — Liquidity Repair Meets a 75% December Hike Bet https://chase-dream.cn/digests/precious_metals-20261102/NightIndexzh-cn2026-11-02T19:19:53+08:00金银反弹但内外分化：资金抛压与政策悬念仍是主线 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/digests/research-20261102/NightIndexzh-cn2026-11-02T19:16:23+08:00科技回撤、黄金承压与利率路径：研报主线 https://chase-dream.cn/en/digests/research-20261102/NightIndexen2026-11-02T19:16:23+08:00AI Stocks’ 13% October Drop and Gold’s 3.61% Slide Reveal a Liquidity Rotation — Yet Ten Chinese Brokers See Rebound Odds Improving