The major financial events and figures of this week (1.30-2.3) are as follows:
In terms of economic data, a number of important economic data will be released this week, among which China's official manufacturing PMI/ Caixin manufacturing PMI/ Caixin services PMI, as well as US January ADP employment, US January unemployment rate, US January non-farm payrolls data are all worthy of investors' attention.
In terms of financial events, the market will usher in a big test this week. The Federal Reserve will hold its first interest rate meeting of the year in the early hours of Thursday morning, the interest rate decision will be announced at 3 a.m. and Federal Reserve Chairman Powell will hold a press conference at 03:30.
In terms of financial results, this week will usher in a series of major financial results for US stocks, with Apple Inc, Alphabet Inc-CL C, Amazon.Com Inc and Meta four technology giants all announcing their results.
Monday January thirtieth
Key words: January Dallas Fed Business activity Index, Philips Financial report
On Monday, when it comes to economic data, there are few big macro data, and the Dallas Fed Business activity Index in January will be released on the same day.
In terms of financial results, US stocks$SoFi Technologies (SOFI.US)$、$Royal Philips (PHG.US)$The new earnings report will be released before the US stock market opens on the same day.
Tuesday January thirty _ first
Keywords: China's official manufacturing PMI in January, Chicago PMI in January, General Motors Co / Pfizer Inc / Exxon Mobil Corp / AMD/Snap financial report
On Tuesday, in terms of economic data, China will release the official manufacturing PMI in January, while the United States will release macro data such as the quarterly rate of the labor cost index in the fourth quarter, the PMI in Chicago in January, the Conference Board Consumer confidence Index in January and the monthly rate of the FHFA house price index in the United States.
The market now expects Chicago's PMI to be 45.3 in January, roughly the same as the previous figure of 45.1. The index has fallen below 50 for the fourth time in a row, indicating a contraction in the economy.
In addition, Powell's "new favorite", the quarterly rate of the US Labor cost Index, will be released at 21:30. Since 2022, ECI has been repeatedly mentioned by Powell as one of the reference indicators of inflation, and it has become one of the important data affecting the restrictive policy stance of the Federal Reserve.
In terms of financial results, US stocks$General Motors (GM.US)$、$McDonald's (MCD.US)$、$Pfizer (PFE.US)$、$United Parcel Service (UPS.US)$、$Exxon Mobil (XOM.US)$Release the new earnings report before the US stock market trading on the same day.$Advanced Micro Devices (AMD.US)$、$Snap Inc (SNAP.US)$The new earnings report will be released after the US stock market trading on the same day.
Wednesday February first
Keywords: China Caixin manufacturing PMI, US API and EIA crude oil inventory change, US ADP employment, Meta financial report
On Wednesday, economic data focused on changes in China's Caixin manufacturing PMI, US API and EIA crude oil inventories, and US ADP employment.
"small non-farm" ADP employment in the United States increased by 235000 in December and is expected to be 150000, compared with a previous value of 127000. The number of jobs created by enterprises in December was much higher than expected. The ADP reported that wage growth in December was the lowest since March, with annual salaries rising 7.3 per cent year-on-year in all industries, with the largest increase of 10.1 per cent in the leisure and hotel sectors. On February 1st, the United States will announce ADP employment in January, which is expected to continue to grow.
Financial report$Meta Platforms (META.US)$The results will be announced after trading, and investors can keep a close eye on them.
In addition, American Fitness equipment Company$Peloton Interactive (PTON.US)$The financial report will be announced before the trading.$T-Mobile US (TMUS.US)$The financial report was announced on the same day.
Thursday February second
Keywords: Fed interest rate meeting, number of US initial jobless claims, Apple Inc / Qualcomm Inc / Alphabet Inc-CL C / Amazon.Com Inc Financial report
On Thursday, the market will usher in the Fed's first interest rate meeting of the year, and the interest rate decision will be announced at 3 a.m., followed by Federal Reserve Chairman Powell's press conference half an hour after the rate decision is announced.
As inflationary pressures ease, the Fed is widely expected to raise interest rates by 25 basis points this time. There is little doubt that the Fed will further slow the pace of raising interest rates, and the focus of the next interest rate meeting will be on clues about when to stop raising interest rates.
In terms of economic data, the United States will release the number of initial jobless claims in the week of January 28, which is expected to remain low or even decline.
Financial report$ConocoPhillips (COP.US)$、$Merck & Co (MRK.US)$、$Eli Lilly and Co (LLY.US)$The results will be announced before the US stock market opens on the same day.
Tech giant$Apple (AAPL.US)$、$Qualcomm (QCOM.US)$、$Alphabet-C (GOOG.US)$/$Alphabet-A (GOOGL.US)$、$Amazon (AMZN.US)$The results will hit heavily after the day.
Given that large technology companies have recently announced layoffs, cutting more than 52000 jobs, their expectations for growth prospects will be of particular concern.
Apple Inc will announce results after trading on Thursday, although so far, the company has not announced layoffs like other technology peers, but taking into account last year's COVID-19 epidemic restrictions, supply chain challenges and a stronger dollar and other factors, Apple Inc's first-quarter income will be affected.
In terms of new shares, oil and gas exploration and production companies$Elephant Oil Corp. (ELEP.US)$, IBS equipment manufacturer$Neuraxis, Inc. (NRXS.US)$Will be listed on US stocks.
Friday February third
Keywords: China's January Caixin service PMI, US January unemployment rate, US January non-farm data, US January Markit service industry PMI final value, US January ISM non-manufacturing PMI
On Friday, in terms of financial data, China's January Caixin service industry PMI will be released on Friday.
The United States will also release a number of important macro data, including the US unemployment rate in January and non-farm payrolls after quarterly adjustments in January; in addition, the final value of PMI in Markit services in January and non-manufacturing PMI in ISM in January will also be released.
The market now expects the number of non-farm workers in the US to rise by 175000 in January, below the previous figure of 223000, and the unemployment rate in January was 3.6 per cent, slightly higher than the previous value of 3.5 per cent.
In terms of new shares, Chinese chip designers$Intchains Group (ICG.US)$It is planned to go public in the United States on Friday.
Edit / Irisz, Somer