The major A-share indices rose this morning, but don't get too excited! Look at the net inflow of funds into the market: only a mere 3.078 billion yuan, compared to a net outflow of 37.7 billion yuan yesterday. This indicates that today's rise is currently very weak. Global markets are speculating on the positive expectation that the Federal Reserve will not raise interest rates in October. However, if there is no rate hike in October, a rate hike in December is inevitable, given the persistently high oil prices and the 5% US Treasury yield.