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一周前瞻 | 市场聚焦中美CPI通胀指标;G7峰会周五召开!

Weekly outlook | Market focuses on China-US CPI inflation indicators; G7 summit will be held on Friday!

富途資訊 ·  Jun 6, 2021 17:44  · Exclusive

01.pngMajor financial events of the week:

1. In the coming week, in terms of data, China will release data such as May trade account, foreign exchange reserves, CPI, M2, etc.; the United States will release the number of initial jobless claims in the week to June 5, the United States not quarterly CPI in May, the NFIB small Business confidence Index, and the preliminary value of the University of Michigan Consumer confidence Index in June; the European Central Bank will release interest rate decisions.

2. Biden once again rejected the latest infrastructure proposal put forward by Senate Republicans on Friday, and the large-scale infrastructure bill will meet a deadline next Monday.

3. Apple Inc's 2021 developer Conference opened in the early hours of Tuesday morning and will be free to more than 30 million Apple Inc developers in 227 regions around the world.

Monday June seventh

Key words:China's May Trade account; Dada Nexus Limited, Coupa Software and other financial reports

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On Monday, Biden will meet again with Capito, the leading Republican negotiator, the deadline for progress on the Biden administration's massive infrastructure bill.

Earlier, the White House said in a statement that Biden met with Capito, the main Republican negotiator, on Friday. Capito proposed to increase the budget of the Republican $928 billion infrastructure plan by about 50 billion yuan, but the two sides did not reach an agreement.

The White House is considering whether to give up reaching a bipartisan agreement and rely solely on the Democratic Party's own efforts to promote "major infrastructure."

In terms of heavy dataChina's May trade account and China's May foreign exchange reserves will be announced.China's trade data are expected to continue to improve in May, with a dollar-denominated trade surplus rising to $51.05 billion, compared with $42.85 billion in April, with exports expected to rise 32 per cent year-on-year and imports expected to soar by 54.1 per cent.

Financial reportAmerican stock star company $Dada Nexus Limited (DADA.US) $$Stitch Fix (SFIX.US) $$Maywell Technology (MRVL.US) $$Coupa Software Inc. (COUP.US) $The financial results will be announced, of which:

Wall Street analysts believe that Stich Fix's loss per share is expected to be around 27 cents. Sales could be close to $511 million. Stich Fix reported a loss of 33 cents per share when it reported results in the same period last year. Sales during this period totaled $372 million.

Tuesday June eighth

Keywords: us April trade account, US May NFIB small Business confidence Index; Momo Inc, Unipath earnings report; Zhangmen Education listing

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Tuesday,In terms of data, the US trade account for April and the US NFIB small Business confidence Index for May will be released.

Earlier, the Commerce Department announced that the trade deficit in goods and services widened further to $74.4 billion in March, up from the revised previous value of $70.5 billion and a record high. Us imports rose 6.3 per cent to $274.5 billion in March, an all-time high, while exports rose 6.6 per cent to $200 billion, the highest in more than a year, according to the Commerce Department report. In addition, the US-China trade deficit rose by $6.7 billion to $36.9 billion in March, with China by far the largest US trade deficit.

Oren Klachen, chief economist of the United States, said that compared with other global economies, the United States is expected to continue to grow its trade deficit this year because of a stronger economic recovery and strong domestic demand.

The US trade deficit is now expected to be $68.5 billion in April, slightly smaller than in March.

In addition, it is worth paying attention to the 2021 World Semiconductor Congress to be held in Nanjing from June 9 to 11. More than 300 companies, including Taiwan Semiconductor Manufacturing Co Ltd, Xinsi Technology, Semiconductor Manufacturing International Corporation, Lan Qi Technology, Sunlight and Micro Semiconductor, will participate in the exhibition.

Financial report $Momo Inc (MOMO.US) $And robot software companies that put humans out of work.$UiPath, Inc. (PATH.US) $The results for the new quarter will be announced.

In terms of new shares, K12 personalized online education platform$Zhangmen Education (ZME.US) $Will be listedAccording to the latest prospectus, Zhangmen Education plans to issue 3.623 million American depositary shares (ADS) in this IPO, each ADS corresponding to 9 Class A common shares. Both Softbank Corp. and Yuansheng Capital, the company's existing shareholders, have expressed interest in subscribing for ADS, which could have a total value of $15 million at the IPO price.

Apple Inc WWDC2021 developer ConferenceIt will be opened at 1: 00 a.m. Beijing time on June 8, when it will be free to more than 30 million Apple Inc developers in 227 regions around the world.

WWDC2021 will release iOS 15, macOS12, watchOS 8, among which iOS 15 and macOS12 are the most anticipated.It is also possible to release AirPods 3 and a new iPad mini

Wednesday June ninth

Key words: China's May CPI annual rate, China May M2 money supply annual rate will be announced; game post station announces financial results

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Wednesday, in terms of dataChina's May CPI annual rate, China May M2 money supply annual rateWill be announced.

According to data released by the National Bureau of Statistics, the consumer price index (CPI) and producer price index (PPI) continued to diverge in April: CPI rose 0.9 per cent year-on-year, slightly lower than expected, while PPI rose 6.8 per cent year-on-year, the highest since October 2017 and 6.5 per cent higher than the median forecast. China's core CPI, excluding food and energy prices, rose 0.7 per cent in April from a year earlier, up 0.4 per cent from the previous month.

Analysts pointed out that the inflation situation continues to diverge, CPI is low, while industrial inflation is worth paying attention to, and the upward pressure is expected to continue to spread to commodities in the middle and lower reaches in the future.

Financial report$WSB hot concept (BK2555.US) $Company$Game Station (GME.US) $The financial results will be announced.

In terms of new sharesPayment technology company$Marqeta, Inc. (MQ.US) $ Will be listedThe company, which mainly designs chips for credit cards, is one of the Forbes Global 50 Financial Technology companies.

Thursday June tenth

Key words: us May off-quarter CPI; US weekly jobless claims; European Central Bank announces interest rate decision; Chewy releases earnings report

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Thursday, in terms of dataThe number of people claiming unemployment benefits in the week ending June 5 in the United States, and the quarterly CPI annual rate in May in the United StatesIt will be announced that analysts believe that due to the impact of the COVID-19 epidemic, the overall price level in the United States is relatively low in 2020, resulting in a certain exaggeration of CPI growth this year, and inflation is expected to fall later this year.

In terms of financial statements, pet products retailers$Chewy (CHWY.US) $The financial report will be released.

Friday June eleventh

Key words: initial consumer confidence index of the University of Michigan in June; G7 summit; KANZHUN LIMITED listing

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On Friday, on the data side, the preliminary consumer confidence index of the University of Michigan in June will be released on the same day. The final index of consumer confidence at the University of Michigan was 82.9 in May, little changed from 82.8 in early May, but down sharply from 88.3 in April. In the May survey, a record number of consumers surveyed said the prices of housing, cars and household durable goods had risen. At the same time, the number of Americans worried about soaring prices has reached an all-time high.

In addition, the 46th Group of Seven (G7) summit will open in the UK on the same day, and the meeting will be held until the 13th.

In terms of new shares, China's largest online recruitment platform$KANZHUN LIMITED (BZ.US) $KANZHUN LIMITED plans to issue 48 million shares of ADS in the IPO, which will be listed on Friday, at a price ranging from $17 to $19, raising up to $1 billion.

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In the new week, I wish all investors all the best and enjoy their work. Thank you for your support to Futu Information!

Edit / irisz

The translation is provided by third-party software.


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