On the evening of September 3rd, the Federal Reserve reinforced its dovish stance on monetary policy. Fed Governor Christopher Waller stated: "I have clearly indicated that I believe we should cut rates at the next meeting, and I anticipate multiple rate cuts over the coming months." He emphasized his preference to take action before any deterioration in the U.S. labor market occurs.

Waller, considered a leading candidate for the Federal Reserve Chair position, believes the central bank can adjust the pace of rate cuts flexibly, without adhering to a rigid consecutive pattern. "Whether we cut rates at every meeting this year or every other meeting will depend on how economic data unfolds," he explained. He stressed that U.S. inflation is expected to begin returning to the 2% target within 6-7 months, and that tariffs will not trigger persistent inflationary pressures.

Following these remarks, precious metals experienced significant gains. International spot gold reached fresh all-time highs, with COMEX gold futures breaking above $3,600 per ounce. Domestic Shanghai gold and silver futures contracts also posted simultaneous increases.

U.S. technology stocks rallied strongly, pushing the Nasdaq index up more than 1%.

The major technology giants, known as the "Magnificent Seven," posted broad-based gains. At the time of reporting, Google surged over 8%, while Apple and Tesla each climbed more than 3%.

Chinese ADR technology stocks showed mixed performance. At press time, Xiaomi Group advanced 5%, while BYD gained nearly 3%.