Jin10 Saturday Briefing: Fed Remarks, Middle East Developments, and OpenAI Personnel Change

October 3, according to Jin10 data, key weekend news spans macro, geopolitical, and technology sectors. Fed's Hammack stated that nonfarm payroll data aligns with recent hiring trends, and there is ample time to decide on policy stance.

Middle East situation escalates: explosions were heard near Iran's Qeshm Island, and market reports indicate large smoke and flames rising near a Saudi Aramco facility, though official confirmation is pending. On trade and industry, Malaysia will cancel the 10% import tariff on certain gold products starting in November. The Ministry of Commerce announced an anti-dumping investigation into imported para-nitrotoluene originating from the EU.

The head of OpenAI's safety systems team has officially resigned. Domestically, as of the end of August, China's total number of 5G base stations exceeded 5.19 million, and National Day holiday box office revenue has surpassed 500 million yuan.

[TechFlow]