The macroeconomic indicators for the week of September 14–18 centered on the U.S. Federal Reserve’s decision to raise the policy rate to a range of 3.75%–4.00%. August retail sales rose 1.2% month-over-month, exceeding the forecasted 0.7% increase, signaling resilient consumer spending. Meanwhile, the yield on the 10-year U.S. Treasury bond reached 5%, the highest level since 2023, exerting downward pressure on equity markets. The S&P 500 declined 0.1%, while the Dow Jones Industrial Average fell 1.7%. In the oil market, Brent crude prices briefly dropped below $102 but recovered amid easing geopolitical risks. Next week, key data releases include the S&P Global Flash Services PMI (Sept 23), S&P Global Flash Manufacturing PMI (Sept 23), Weekly Jobless Claims (Sept 24), New Home Sales (Sept 24), and Durable Goods Orders (Sept 25). #Investment ※Investing involves risks. Please make final decisions at your own responsibility.