Overview of this week's important schedule.

• Market sentiment is affected! Trump's tariff policy begins to take effect.

According to CCTV News, the USA will impose a hefty 25% tariff on imported goods from Canada and Mexico starting February 1. Trump stated that he plans to impose tariffs on various imported goods in the coming months, including Crude Oil Product, Metal, Pharmaceutical, and chips.

On the 1st, Trump signed an executive order to impose a 10% tariff on goods imported from China.

In response, China's Ministry of Foreign Affairs and Ministry of Commerce made significant statements, indicating that necessary countermeasures will be taken.

Investors will now focus on the possibility of Trump imposing tariffs on Other regions, including Europe, and whether these countries will announce retaliatory tariffs. Deutsche Bank stated, "The exact scope and duration of the tariffs, as well as any last-minute concessions that may be reached, will be the focus."

Goldman Sachs economists, including Jenny Grimberg, noted that the current U.S. stock market is underpricing the risks of retaliatory or universal tariffs, so if such tariffs are implemented, the market is likely to see a correction.

• The earnings reports season is entering a critical stage! Performance results from technology giants like Alphabet and Amazon are coming in one after another.

After the severe fluctuations in the Technology Sector of US stocks, among the "seven giants" $Amazon (AMZN.US)$ and $Alphabet-A (GOOGL.US)$ the earnings reports are about to be released, and these two are also giants in Cloud Computing and AI, expected to continue the Topics regarding the efficiency of AI investments. In addition, AI application stocks. $Palantir (PLTR.US)$ Famous chip companies $Qualcomm (QCOM.US)$ and $Advanced Micro Devices (AMD.US)$ Pharmaceutical giants for weight loss $Eli Lilly and Co (LLY.US)$ and $Novo-Nordisk A/S (NVO.US)$ All will release Earnings Reports. $Ford Motor (F.US)$ 、 $Toyota Motor (TM.US)$ Other multinational auto giants will also receive more attention due to the impact of USA tariff issues.

$Alphabet-A (GOOGL.US)$Will release Earnings Reports after the market closes on February 4th Eastern Time, with Institutions expecting revenue of 96.706 billion USD for Q4 2024, an increase of 12.05% year-on-year; EPS is expected to be 2.12 USD, an increase of 29.42% year-on-year.

$Amazon (AMZN.US)$The earnings report will be released after the market closes on February 6 Eastern Time, with institutions expecting revenue of 187.25 billion USD for Q4 2024, a year-on-year increase of 10.17%; they also anticipate an EPS of 1.49 USD, a year-on-year increase of 48.51%.

• The USA will intensively disclose employment market data, with a focus on non-farm employment data.

From February 3 to 7, the non-farm employment data for January, Jolts job vacancy data, and ADP employment data will be disclosed intensively, which may provide some clues for future monetary policy trends.

Currently, the market expects the Federal Reserve to cut interest rates twice this year, with the first cut not expected to occur in the first half. In December last year, the non-farm employment added 256,000 people, significantly surpassing expectations, while the unemployment rate fell to 4.1%. If the January employment report maintains a strong signal, it will guide the market to further reduce the Fed's rate cut expectations. The January non-farm report will also include annual revisions from the Bureau of Labor Statistics.

• The Hong Kong stock market will resume trading on Monday.

The Hong Kong stock market will resume trading starting from Monday, while the A-share market and Shanghai-Hong Kong / Shenzhen-Hong Kong trading will reopen on Wednesday.

This week’s key performance calendar.

February 3, Monday.

Keywords: China Caixin Manufacturing PMI; Summary of the Bank of Japan's January monetary policy meeting; A-shares market closed all day; Palantir, NXP Semiconductors earnings.

On Monday, in terms of economic data, investors need to pay attention to China’s January Caixin Manufacturing PMI and the US’s January ISM Manufacturing PMI.

In terms of financial events, the Bank of Japan will release a summary of the opinions of the policy board members from the January monetary policy meeting.

In terms of Earnings Reports, $Palantir (PLTR.US)$ 、 $NXP Semiconductors (NXPI.US)$ Will release performance results after the market closes.

Regarding the IPOs, $BeLive Holdings (BLVE.US)$ 、 $Huachen AI Parking Management Technology Holding Co., Ltd. (HCAI.US)$ will be listed on the US stock market.

In addition, the Hong Kong Stock Exchange is open for trading today, with southbound and northbound trading closed. Due to the Spring Festival, the Shanghai and Shenzhen Stock Exchanges and the BSE, as well as domestic Futures exchanges, are closed.

February 4, Tuesday.

Keywords: FOMC voting committee members, Atlanta Fed President Bostic's speech; A-shares are closed for the entire day; Alphabet-A, AMD, Pfizer, PayPal earnings.

In terms of economic data, investors should pay attention to the December JOLTs job openings in the USA and the month-on-month factory orders for December in the USA.

In terms of financial events, the 2027 FOMC voting committee members, Atlanta Fed President Bostic will speak on economic prospects; the 2025 FOMC voting committee member, St. Louis Fed President Bullard will give a welcoming speech at an event.

Earnings Reports...$Pfizer (PFE.US)$ 、 $Snap Inc (SNAP.US)$ will release its performance on the same day; $Merck & Co (MRK.US)$ 、$PayPal (PYPL.US)$ 、 $Spotify Technology (SPOT.US)$ Performance will be released before the market opens.$Alphabet-A (GOOGL.US)$ 、 $Advanced Micro Devices (AMD.US)$ Will release performance results after the market closes.

In addition, the Hong Kong Stock Exchange is open for trading today, with southbound and northbound trading closed. Due to the Spring Festival, the Shanghai and Shenzhen Stock Exchanges and the BSE, as well as domestic Futures exchanges, are closed.

February 5, Wednesday

Keywords: USA ADP employment numbers; USA ISM non-manufacturing PMI; China Caixin services PMI; Qualcomm, Disney, ARM, MicroStrategy performance.

In terms of economic data, investors need to pay attention to the API crude oil inventory in the USA for the week ending January 31, the Caixin Services PMI for January in China, the ADP employment figures for January in the USA, the trade balance for December, the ISM Non-Manufacturing PMI for January, and the EIA crude oil inventory in the USA for the week ending January 31.

In terms of financial events, the 2027 FOMC voting members, including San Francisco Fed President Daly, will participate in a discussion on the topic "The Economy in 2025: Tariffs, Tax Cuts, and the Impact of Trump"; Richmond Fed President Barkin will participate in a fireside chat.

In terms of Earnings Reports, $Novo-Nordisk A/S (NVO.US)$ 、 $Qualcomm (QCOM.US)$Performance will be released on the same day; $Disney (DIS.US)$ 、 $Uber Technologies (UBER.US)$Will release Earnings Reports before the market opens; $Arm Holdings (ARM.US)$ 、 $MicroStrategy (MSTR.US)$ Will release Earnings Reports after the market closes.

February 6, Thursday

Keywords: FOMC voting members, Chicago Fed President Goolsbee's speech; USA initial jobless claims for the week; Eli Lilly and Co, Amazon's performance.

In terms of economic data, investors need to pay attention to the UK central bank's interest rate decision on February 6 and USA initial jobless claims for the week ending February 1.

In terms of financial events, FOMC voting members, Chicago Fed President Goolsbee will give a speech in 2025; the Bank of England will announce the interest rate decision, meeting minutes, and monetary policy report.

In terms of Earnings Reports, $Eli Lilly and Co (LLY.US)$ 、 $L'Oreal SA Unsponsored ADR (LRLCY.US)$ will release its performance on the same day; $Yum China (YUMC.US)$ Performance will be released before the market opens.$Amazon (AMZN.US)$ Will release performance results after the market closes.

February 7, Friday.

Keywords: USA January non-farm data; University of Michigan Consumer Sentiment Index, one-year inflation rate; FOMC voting members, San Francisco Fed President Daly's speech.

In terms of economic data, investors need to pay attention to the USA's January unemployment rate, seasonally adjusted non-farm employment population for January, and the preliminary value of the University of Michigan Consumer Sentiment Index for February.

In terms of financial events, in 2027, FOMC voting member and San Francisco Fed President Daly will speak on economic trends, challenges, and opportunities affecting the region and beyond.

In terms of Earnings Reports, $Danske Bank A/S Sponsored ADR (DNKEY.US)$ will release its performance on the same day; $Fortive (FTV.US)$ 、$Cboe Global Markets (CBOE.US)$ Will release earnings before the market opens.

Get a sneak peek at important financial events, discover investment opportunities early! Open futubull> Market> USA Stock>Financial Calendar/Selected macroeconomic data, seize the investment opportunities first!

In the new week, wishing mooers smooth investments!

Editor/danial