Key international financial events this week include: the G20 summit will be held on the 15th, and the leaders of the United States and China will meet for the first time. In addition, the US stock earnings season continues, Huida and retail stocks are regarding to announce earnings. At the same time, former US President Trump He announced without warning that he will make a major announcement. The market expects him to announce his candidacy for the next president. The following are the international events of this week.
U.S.-China meeting in focus at G20 summit
The G20 summit will be held in Indonesia on the 15th and 16th. US President Biden and Chinese President Xi Jinping will meet before the summit. This is the first face-to-face meeting between the two since Biden took office. It is expected to discuss issues such as the Taiwan Strait and the war between Russia and Ukraine. Biden emphasized that he will draw a red line on the relationship between the United States and China and will not make any concessions or compromises.
U.S. stock earnings season: Huida, Cisco and retail stocks relay
The US stock earnings season is coming to an end, but there are still several heavyweight companies that will announce earnings and release outlooks this week, including Huida (NVDA-US), and data center equipment maker Cisco (CSCO-US), which also includes a range of retail stocks such as Target Department Store (TGT-US),The Home Depot (HD-US), Macy’s (M-US), Lowe’s (LOW-US) Wait.
EURRegional, UK and other countries CPI data release
The latest U.S. inflation data slowed more than expected last week,EURThe region, the United Kingdom, Japan and other countries will successively announce the CPI and PPI data of the previous month. The market expects that global inflation may gradually slow down, and inflation estimates in many countries show signs of downward trend. , building permits and other data will be released in succession.
U.S. mid-term elections are coming to an end, Trump rumored to run for the next president
The U.S. mid-term elections are coming to an end, and the election is not as good as the market expected that the Republican Party will win. At present, the probability of head-on is high, and the Republican Party is expected to win both chambers.
Trump, the Republican general and former president, also revealed that he will announce a major announcement on the 15th. Trump’s former staff pointed out that Trump will announce his candidacy for the 2024 presidential election, and it will be a very formal and rigorous announcement , There is a chance to compete with Biden once more in the next year.
