This week's important schedule overview

• Global Focus: Jackson Hole Global Central Bank Annual Meeting, Powell's speech is the most important

In the next week, investors' attention will turn to the Jackson Hole Central Bank Annual Meeting. The Jackson Hole Global Central Bank Annual Meeting in previous years was of great significance, bringing together central bank governors, economists and financial market participants from around the world. This year, the focus of the seminar is once again on responding to economic recovery after the epidemic and the challenges posed by high interest rates and geopolitical tensions.

Among them, at 22:00 on August 23, Beijing time, Federal Reserve Chairman Powell's speech on the economic outlook at the Jackson Hole Central Bank Annual Meeting will be analyzed word for word by investors.

Given that the inflation rate is still close to 3%, the question is whether Powell and other Fed members are still confident in the downward trajectory of price pressures, and if so, how they plan to proceed, which will be a topic worth watching. Even if Powell reiterates that the door to rate cuts in September is still open, he is unlikely to hint that the Fed will cut rates multiple times, which means that Treasury yields and the dollar may still rise slightly.

On the other hand, investors can also pay attention to Governor of the Bank of Japan Haruhiko Kuroda and Japanese Finance Minister Taro Aso attending the National Diet hearing at 8:30 on August 23.

• Latest minutes of the Fed's Monetary Policy

At 2:00 on August 22, Beijing time, the Fed will release the minutes of its latest monetary policy meeting, and the Fed's policymakers' stance on rate cuts in September may be clearer, but investors may be more inclined to focus on the speeches of officials at the Jackson Hole Conference.

• A large number of CPI and PMI data will be released globally.

On August 20th, the eurozone will be the first to release the final CPI annual rate for July, with a previous value of 2.5 and a forecast value of 2.6; Canada will also release CPI data for July on this day. On Friday, Japan will release core CPI annual rate, with a previous value of 2.6 and a forecast value of 2.7. The European Central Bank decided to keep interest rates unchanged at its recent meeting, although Lagarde did not commit to a September rate cut, but expressed pessimism about the growth prospects of the eurozone.

In addition, on August 22, Japan and the eurozone will be the first to release PMI data for August; the most important thing is the release of the S&P Global PMI data for August in the evening of the same day, if the data is unexpectedly weak, the market's concerns about the United States entering a recession may intensify, leading traders to increase their bets that the Fed will cut interest rates more deeply this year.

• China's LPR for one year and five years in August

China will release the latest LPR data for August 1 year and 5 years on August 20th, and the market expects this data to remain unchanged from the previous value; among them, the 1-year LPR is 3.35%, and the 5-year LPR is 3.85%.

• Financial reporting season continues, with financial reports from companies such as Xiaomi, Kuaishou, and Netease.

In the US stock market,$xpeng (XPEV.US)$,For example, AI tools from software service providers can help you write documents, summarize employee skills in Excel, and create images in Photoshop according to prompts... But Bloomberg pointed out that in this year and a half of AI madness, these tools have not brought much revenue to these software service providers. For large application software companies, sales related to artificial intelligence will not appear on the profit and loss statement until next year or the year after. In many cases, software companies cannot even decide how to charge. Some companies use AI as a selling point for high-priced subscriptions, and some companies, such as remote conferencing software service provider Zoom Video Communications, just bundle AI functionality for free. Investors have lost patience. The iShares Expanded Technology Software Industry ETF (IGV.US) is a common indicator of the industry. After rising 59% in 2023, the ETF has only risen by about 3.5% this year.,$iQiyi(IQ.US)$key companies will release their financial reports.

In the Hong Kong stock market,Smoore Intl (06969.HK),China Telecom (00728.HK),$Pop Mart(09992.HK)$,$Xiaomi Group-W(01810.HK)$and$Kuaishou-W (01024.HK)$N/A.Please use your Futubull account to access the feature.and$netease-S(09999.HK)$N/A.AIA (01299.HK),$zijin mining group (02899.HK)$Leading companies from various industries, such as [Company Name], will also release their financial reports.

This week's key performance calendar

Monday, August 19th

Keywords: Federal Reserve Governor Lael Brainard's Speech; July US Conference Board Leading Index Month-on-Month Rate

On Monday, on the economic data front, the US will release the Conference Board Leading Index month-on-month rate for July.

On the financial front, Federal Reserve Board of Governors Lael Brainard will give opening remarks on money, banking, payments, and finance at the summer conference.

In terms of financial reports, Smoore Intl (06969.HK)Financial report will be released today;$ZIM Integrated Shipping Services Ltd.(ZIM.US)$ Will announce earnings before the US pre-market trading.Bit Digital (BTBT.US)Keywords: US ISM non-manufacturing PMI, US Markit services PMI final value

In terms of new stocks, $Breathe BioMedical Inc. (BRTH.US)$ will be listed today. Will be listed today.

Tuesday, August 20th

Keywords: China's August one-year and five-year loan market quote rate (LPR); Eurozone seasonally adjusted current account and July CPI data.

On Tuesday, economic data: China will release August one-year and five-year LPR; Eurozone will release June seasonally adjusted current account and July CPI data; Canada will release July CPI data; USA will release weekly redbook retail sales.

Regarding financial reports,China Telecom (00728.HK),$Kuaishou-W (01024.HK)$,$Pop Mart(09992.HK)$Financial report will be released today;$Futu Holdings Ltd(FUTU.US)$.,$Vipshop (VIPS.US)$,$xpeng (XPEV.US)$The financial report will be released before the pre-market trading in the U.S.

Regarding IPOs,$Tongyong Kang Medicine-B(02410.HK)$Will be listed today.

Wednesday, August 21st

Keywords: US EIA crude oil inventory until August 16th; 2024 FOMC Voting Member Bostic Speech; Xiaomi and HKEx earnings report.

On Wednesday, economic data: USA will release weekly API crude oil inventory, weekly EIA crude oil inventory, and weekly EIA strategic petroleum reserve inventory; Japan will release commodity import and export annual rate.

In terms of financial events, 2024 FOMC voting member, Atlanta Fed President Bostic will give a speech.

Regarding financial reports,$Xiaomi Group-W(01810.HK)$,Please use your Futubull account to access the feature.,Citi maintains a hold rating for OOIL and Cosco Shipping Holdings with an expected great increase in earnings forecasts this year.andWuxi Bio should be translated as Wuxi Bio. Will announce earnings today. Including major retailers such as Target, retailers launched promotional shopping activities throughout July, attracting customers by providing huge discounts and competing with Amazon's sales activities.Financial results will be released in pre-market trading;stocks of companies like Snowflake (SNOW.US),For example, AI tools from software service providers can help you write documents, summarize employee skills in Excel, and create images in Photoshop according to prompts... But Bloomberg pointed out that in this year and a half of AI madness, these tools have not brought much revenue to these software service providers. For large application software companies, sales related to artificial intelligence will not appear on the profit and loss statement until next year or the year after. In many cases, software companies cannot even decide how to charge. Some companies use AI as a selling point for high-priced subscriptions, and some companies, such as remote conferencing software service provider Zoom Video Communications, just bundle AI functionality for free. Investors have lost patience. The iShares Expanded Technology Software Industry ETF (IGV.US) is a common indicator of the industry. After rising 59% in 2023, the ETF has only risen by about 3.5% this year.Financial results will be released in post-market trading.

Thursday, August 22nd

Keywords: US August S&P Global manufacturing and service PMI data, Fed monetary policy meeting minutes; China's July Swift RMB share in global payments; Eurozone and Japan August PMI data.

On Thursday, economic data: China will release July Swift RMB share in global payments; Eurozone and Japan will release August PMI data; USA will release August S&P Global manufacturing and service PMI, existing home sales, and weekly EIA natural gas inventory data.

In terms of financial events, the Fed will release monetary policy meeting minutes; the European Central Bank will release the July monetary policy meeting minutes.

Regarding financial reports,China Ping An Insurance (02318.HK),AIA (01299.HK),$netease-S(09999.HK)$,Baidu Group-SW (09888.HK),Bilibili-W (09626.HK)Financial report will be released today;$iQiyi(IQ.US)$The financial report will be released before the pre-market trading in the U.S.

In terms of new stocks, $COR3 & Co(COC.US)$ Will be listed today.

Friday, August 23rd

Keywords: Fed Chairman Powell will give a speech on economic outlook at the Jackson Hole Annual Meeting; Japan July CPI data, BOJ Governor Kuroda and Finance Minister Taro Aso attend parliamentary hearing.

On Friday, regarding economic data, Japan will release CPI data for July; the United States will publish new home sales data for July.

In terms of financial events, Fed Chairman Powell will speak on economic outlook at the Jackson Hole Symposium; Bank of Japan Governor Kuroda and Finance Minister Suzuki will attend a parliamentary hearing.

Regarding financial reports,$zijin mining group (02899.HK)$,Longfor Group (00960.HK),East Buy (01797.HK)Financial report will be released today;$So-Young International (SY.US)$The financial report will be released before the pre-market trading in the U.S.

Wishing Mooers a successful week of investment!

Editor/ping