[Next Week's Macro Outlook: Fed Minutes and PMI Incoming, Retail Giants to Define U.S. Consumer Resilience] According to Jinshi reports, this week, global financial market risk appetite has generally rebounded. In the stock market, the S&P 500 Index and Nasdaq Index both hit new highs for the current phase, while South Korea's stock market also showed significant strength. The KOSPI Index rose by a cumulative 11.5%, ending a seven-week losing streak and returning to a technical bull market. In the precious metals market, spot gold briefly surged to near a two-month high midweek, with intraday highs approaching $4,450 per ounce. However, it later fell to around $4,320 due to profit-taking, before rebounding on Friday, marking its second consecutive week of gains.