Global Next Week Highlights: Federal Reserve Officials Make Multiple appearances. Nvidia's Financial Report is Coming Soon
上司池
发表于 2024-5-19 09:42:40
1250
0
0
This week, driven by the expected slowdown in CPI, the US stock market has significantly strengthened, with all three major indices reaching historic highs. At the same time, prices of precious metals and industrial metals denominated in US dollars have collectively risen.
Although some investors have expressed concerns about the persistence of the stock market rebound, U S. Tom Hainlin, Senior Investment Strategist at Bank Asset Management, believes that the combination of economic growth and slowing inflation is a perfect catalyst. "At least in 2024, this is a fairly optimistic setting," he said
The expectation of interest rate cuts by the Federal Reserve has also increased. As of the time of writing, the "Federal Reserve" observation tool of the Chicago Mercantile Exchange shows that the probability of the bank starting interest rate cuts in the summer is close to 30%; The probability of a rate cut of more than 25 basis points from the current level by the September interest rate meeting is over 60%.
Next week, several senior Federal Reserve officials will appear to speak, including board members Barr and Waller, as well as local Federal Reserve chairpersons such as Williams and Bostic. The minutes of the last FOMC meeting will also be released on Thursday. President Powell was scheduled to deliver a speech at the graduation ceremony of Georgetown University Law School next Monday, but he changed to attend the ceremony by video because of his positive COVID-19.
In addition to the Federal Reserve, the Federal Reserve of New Zealand, the Bank of Korea and the Bank of Türkiye will make interest rate decisions next week. Although Switzerland and Sweden have relaxed their monetary policies, most central banks around the world are still watching the changes. Another reason is that they are concerned that cutting interest rates before the Federal Reserve may lead to rapid currency depreciation.
In terms of data, PMI in Europe and America, inflation in Japan, and others are also worth paying attention to. A media survey released earlier this week showed that as Germany, the largest economy in the eurozone, emerged from a nearly stagnant situation in over a year, the growth rate of the eurozone economy this year will exceed previous expectations.
Although the financial reporting season has entered its closing stage, it has not missed the explosive point. Among them, NVIDIA, a "super heavyweight stock" and "AI seller," is scheduled to release its financial report after the US stock market closes next Wednesday (early Thursday morning Beijing time). As the current leader in the field of AI chips, every move by Nvidia is affecting the nerves of the global market.
According to the consensus expectation prepared by Visible Alpha, Nvidia's revenue in the first quarter of the 2025 fiscal year is expected to reach $24.65 billion, a more than double year-on-year growth. Previously, the company provided a revenue guidance of $24 billion, with a fluctuation of 2%; Expected net profit for the same period is 12.87 billion US dollars, with a year-on-year increase of over 530%.
Several popular Chinese concept stock companies will also release their performance, including Pinduoduo, Ideal Automobile, Xiaopeng Automobile, NetEase, Bilibili, etc. The 13F table released this week shows that Hillhouse and Gao Yi, two major private equity firms, are firmly optimistic about Pinduoduo and choose to continue to increase their holdings. Currently, this stock is the largest holdings of the two major private equity firms.
In addition, Yihang Intelligence, the first stock of flying cars, will also announce its first quarter performance. Earlier this month, Yihang Intelligence received its first coverage from Morgan Stanley's rating report, with a rating of "overweight" and a target price of $27.50. Yihang Intelligent executives predict that the market will experience a comprehensive outbreak from 2026 to 2027.
Overview of important overseas economic events next week (Beijing time):
Monday (May 20th): Federal Reserve Chairman Powell delivered a video speech at the graduation ceremony of Georgetown University Law School, Atlanta Fed Chairman Bostic delivered a welcome speech at an event, and Federal Reserve Director Barr delivered a speech
Tuesday (May 21): South Korea and the United Kingdom host an AI summit, the Bank of Japan holds its second policy review seminar, the Federal Reserve of Australia releases the minutes of its May monetary policy meeting, and US Treasury Secretary Yellen& European Central Bank President Lagarde; German Finance Minister Lindner delivered a speech, Richmond Fed Chairman Barkin delivered a welcome speech at an event, Federal Reserve Director Waller delivered a speech on the US economy, New York Fed Chairman Williams delivered an opening speech at an event, Atlanta Fed Chairman Bostek delivered a welcome speech at an event, and Federal Reserve Director Bar attended a fireside conversation
On Wednesday, May 22nd, Bank of England Governor Bailey delivered a speech at the London School of Economics and Political Science; Mest& Collins attended a group discussion on "Central Banks in the Post Epidemic Financial System", the New Zealand Federal Reserve announced interest rate resolutions and monetary policy statements, and Chicago Federal Reserve Chairman Goolsby delivered an opening speech at an event
Thursday (May 23)
Friday (May 24th): Atlanta Federal Reserve Chairman Bostek participates in a student Q&A event, European Central Bank Executive Director Schnabel delivers a speech, Japan's April core CPI annual rate, Germany's first quarter unadjusted GDP annual rate final value, Swiss Bank President Jordan delivers a speech, Federal Reserve Director Waller delivers a speech, and the University of Michigan Consumer Confidence Index final value for May in the United States
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Giant announces global layoffs!
- Global highlights for next week: The European Central Bank steps onto the path of accelerating interest rate cuts, while the US stock market welcomes a season of low expected financial reports
- BlackBerry announces that over 255 million cars worldwide are equipped with the QNX software system
- Global chip stocks evaporate $420 billion after ASML sales warning
- Tesla's Supercharging Stations Exceed 60000 Worldwide
- Samsung's US factory delays receipt of ASML lithography machines
- The "Little Pony" card is unveiled globally, accelerating the globalization of card games
- Xiaoma Zhixing hits the "world's first Robotaxi stock", and the "iPhone moment" of autonomous driving is approaching
- The world's first universal autonomous driving stock! Wenyuan Zhixing listed on NASDAQ
- Global highlights next week: Trump battles Harris, who will dominate the future of the United States?
-
【科技记者古尔曼:苹果计划于12月第一周发布iOS 18.2系统更新 带来更多人工智能功能】科技记者古尔曼透露,苹果计划于12月第一周发布iOS 18.2系统更新。iOS 18.2将为iPhone 15 Pro机型和所有iPhone 16机型带来更多 ...
- cristianna
- 昨天 17:32
- 支持
- 反对
- 回复
- 收藏
-
交易所监管文件显示,当地时间11月1日,亚马逊创始人杰夫·贝索斯拟出售约1635万股亚马逊股票,预计套现约30.5亿美元。今年7月,贝索斯已申请额外出售约2500万股亚马逊股票,按当时股价计算可套现约50亿美元。 ...
- blueskybb
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
近日,爱立信中国区总裁方迎在接受《经济参考报》记者采访时表示,5G技术在全球范围内得到了迅速发展,但面临商业潜力未能充分挖掘、网络运营难度较以往更高两大挑战。因此,运营商在继续5G网络部署的同时,应关 ...
- blueskybb
- 昨天 15:05
- 支持
- 反对
- 回复
- 收藏
-
近日,凯撒海湾目的地(山东)运营管理有限责任公司(简称“凯撒海湾”)与携程旅悦集团签署战略合作协议,双方将围绕“海上目的地运营”、“旅游产品与服务创新”、“研学旅行”、“日韩及海外旅游市场开拓”等 ...
- llyyy2008
- 3 天前
- 支持
- 反对
- 回复
- 收藏