AC资本市场：美国通胀连续降温，股市、黄金上行吃力

周四凌晨，美国三大股指再次录得上涨，驱动上涨的是美国10月生产物价指数（PPI）大幅低于预期，实际数据为-0.5%，显著低于预期的0.1%和9月的0.4%，证明物价从供给侧的初始端已经出现负增长，物价开始下降。另一方面，美国10月零售数据虽然高于市场预期，但是9月前值被下调，所以实际并未出现增幅。

受此利好影响，华尔街三大股指均录得一定涨幅，但涨幅相对有限，而且考虑到目前两大通胀数据（CPI、PPI）利好已经出尽，市场情绪可能在谨慎中保持乐观，交易者应注意可能出现的小幅回踏。

SPX500 4h

技术分析方面，标普500指数（SPX500）从4,387.7的支撑位上冲高至4,527.9的阻力位附近，随后出现回落，交易者应注意接下来可能出现的横盘震荡，这也是多空双方展开计价的必经过程。

XAUUSD 4h

大宗商品方面，黄金（XAUUSD）在周三凌晨的美国10月通胀数据降温带来的利好中出现了一轮反弹，但随后再次降温。与股指类似，考虑到利空美元的因素已经出尽，而黄金的上升动能也逐渐消散，那么交易者同样需要注意可能出现的回踏。

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