NIO Inc. opened up by more than 11%; Apple Inc was attacked by Trump; Baidu, Inc. App handed out 500 million cash red envelopes during the Spring Festival; Goldman Sachs Group's EPS in the fourth quarter was lower than expected.

Global macro

• The US fiscal deficit broke through trillion yuan in 2019, a seven-year high.

The US federal government's budget deficit reached $1.02 trillion in 2019, the highest level since 2012, according to figures released by the US Treasury. The figure is 17.1% higher than in 2018, while the budget itself is up 28.2% from the previous year.

• The Fed is considering lending money directly to hedge funds.

Fed officials are considering lending directly to smaller banks, securities dealers and hedge funds through FICC, a clearing house in the repo market, according to foreign media reports. Critics of the plan say the bank could end up becoming a cash machine for hedge funds.

• The United States wants to adjust the mode of economic data release.

According to foreign media reports, people familiar with the matter say the Trump administration plans to limit the ability of the news media to prepare in advance for reporting economic data that affect market trends. So far, spokesmen for the U.S. Department of Labor and the Department of Commerce have not commented.

• Britain released a series of economic data, CPI unexpected lower than expected

UK December CPI annual rate (%) published value is 1.3, expected value is 1.5,previous value is 1.5; UK core CPI annual rate (%) public value is 1.4, expected value is 1.7,1.7.

• European stock markets fluctuate slightly

European stock markets fluctuated slightly. So far, Britain's FTSE 100th index is up 0.10% at 7626.98; Germany's DAX30 index is down 0.09% at 13444.22; and France's CAC40 index is down 0.06% at 6037.45.

Hot news

• The market waits for the signing of the trade agreement, and U.S. stock index futures are mixed before Wednesday's trading.

Us stock index futures were mixed before Wednesday's trading, underscoring investor caution. Liu he will lead a delegation to visit Washington from the 13th to 15th of this month to sign the first phase of economic and trade agreements with the United States, Xinhua reported.

• Guangzhou Automobile Co., Ltd. has a preliminary plan to invest in NIO Inc..

According to sources, Guangzhou Automobile Group discussed the investment and shareholding with NIO Inc. a few months ago and conducted several rounds of due diligence. The source did not disclose the specific amount of investment, but also said that GAC already has a preliminary plan, such as the amount, equity and other major details have been basically finalized, and more details such as how to cooperate are being discussed. So far, it is up more than 13% before the market.

• Baidu, Inc. App handed out 500 million cash red envelopes during the Spring Festival

$Baidu, Inc. (BIDU.US) $It was announced that the "year of good Luck China" will start at 0: 00 on January 15 and end at 24:00 on the 24th. During this period, users can carve up this year's 500 million yuan cash red packets through "good luck" and "reunion red envelopes". In addition, Baidu, Inc. will also provide Huawei Mate30 Pro, Dyson V8 vacuum cleaner, XIAOMI floor sweeping robot, gold lucky mouse and other prizes.

• 58.com adjusts organizational structure

$58.com (WUBA.US) $Announce the latest organizational structure adjustment of the company, upgrade the former human resources enterprise group to human resources and vocational education enterprise group (HRG), strengthen the development of automobile enterprise group, build a "large and medium-sized platform" system, and continue to provide platform-level professional support for the front desk and other business ends.

• Trump criticizes Apple Inc for refusing to unlock suspect iPhone

U.S. president Donald Trump spoke on Twitter.$Apple Inc (AAPL.US) $The company attacked the tech giant for failing to unlock the use of iPhone by suspects in the December shooting at Pensacola Naval Base in Florida.

• Malaysia Airlines stops delivery of Boeing 737 and Max aircraft orders

On January 15, Malaysia Airlines suspended its order for this year.$Boeing Co (BA.US) $The delivery of the 737 Max aircraft is the first Southeast Asian airline to publicly suspend delivery since the aircraft was grounded globally in March last year.

• Beyond Meat signs multi-year pea protein supply agreement

$Beyond Meat (BYND.US) $Announced that it has signed a multi-year pea protein supply agreement with plant protein supplier Roquette. According to a press release provided by Beyond Meat, "compared to the supply in 2019, the amount of pea protein supplied by Roquette to Beyond Meat will increase significantly over the next three years. "

• UnitedHealth Group Inc's earnings per share increased by 19% over the same period last year, exceeding market expectations

$UnitedHealth Group Inc (UNH.US) $Announce results for the fourth quarter of 2019. According to the results, UnitedHealth Group Inc's fourth-quarter revenue rose 4.3 per cent year-on-year to $60.9 billion, slightly below market expectations of $610.36, while adjusted earnings per share rose 19 per cent year-on-year to $3.90, exceeding market expectations of $3.78.

• Bank of America Corporation earned 74 cents per share in the fourth quarter, higher than expected.

The financial results show that thanks to the rebound in trading income and share buybacks$Bank of America Corporation (BAC.US) $Earnings per share in the fourth quarter exceeded market expectations. The company's fourth-quarter profit was $7 billion, down 4% from a year earlier, or 74% per share, thanks to a decline in the number of outstanding shares, an unexpected 6% year-on-year increase, exceeding analysts' expectations of 68%.

• Blackrock's revenue and earnings per share exceeded expectations in the fourth quarter.

$Blackrock (BLK.US) $Fourth-quarter revenue was $3.98 billion and the market is expected to be $3.8316 billion, compared with $3.434 billion in the same period last year. Fourth-quarter net profit was $1.334 billion, with market expectations of $1.205 billion, compared with $927 million in the same period last year. Adjusted EPS for the fourth quarter is $8.34, with market expectations of $7.69.

• Goldman Sachs Group's EPS in the fourth quarter of 2019 was $4.69, which was lower than expected.

$Goldman Sachs Group (GS.US) $Pre-market results showed that EPS for the fourth quarter of 2019 was $4.69, with market expectations of $5.45; revenue of $9.96 billion and market expectations of $8.487 billion. Revenue in 2019 is $36.55 billion and the market is expected to be $35.06 billion; net profit is $7.897 billion and market expectations are $8.14 billion.

Financial and economic notice