**[Next Week's Macro Outlook: Nonfarm Payrolls and PCE to Test Fed's Rate Path, Micron Earnings to Gauge Demand Strength]** According to Jin10 reports, the dominant variables in the market this week were investors' repricing of further rate hikes by the Federal Reserve and the progress of U.S.-Iran negotiations over the Strait of Hormuz. U.S. stocks recorded their first weekly gain in three weeks, with AI-related trades once again becoming the main theme. Below are the key points the market will focus on in the coming week (all times in Beijing Time): - **Thursday 03:25**: Federal Reserve Governor Lisa Cook delivers a speech. - **Tuesday 22:00**: U.S. August JOLTs Job Openings, U.S. September Conference Board Consumer Confidence Index. - **Wednesday 20:15**: U.S. September ADP Employment Change. - **Wednesday 20:30**: U.S. August Core PCE Price Index (YoY), U.S. August Personal Spending (MoM), U.S. Q2 Final Annualized GDP Growth Rate, Final Real Personal Consumption Expenditures Growth Rate, U.S. Q2 Final Core PCE Price Index (Annualized QoQ).