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On October 10th, Greeks.live researcher Adam announced that the US’s annual CPI rate in September was 2.4%, slightly higher than expected but already the lowest this year. However, major investment products showed little reaction. Following the release of various macro data and Federal Reserve officials’ speeches, the market now expects a 25 basis point interest rate cut on November 8th, with an 82% probability, while the probability of no interest rate cut is 18%. Traders generally do not believe a 50 basis point cut is possible. In terms of trading volume, block transactions accounted for 40% this week, with block call option transactions being a significant portion. Transaction types and terms are diverse, and the main driving force for transactions is position shifting and adjustment. The market remains largely wait-and-see.
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