This week (11.7-11.11) major financial events:
economic data, the US October consumer price index CPI report released on Thursday, the number of initial unemployment benefits in the United States as of the week ending November 5, and the National Bureau of Statistics of China will release the October CPI data.
continues to announce financial reports this week, including Disney , Occupy Petroleum, AMCh Cinema, Activision Blizzard , American Meisheng ; Hong Kong stock , SMIC , Huahong Semiconductor, NIO , etc. In terms of the
incident, the 2022 midterm elections, Collins, and Cleveland Fed Chairman Mester delivered speeches. In terms of new stocks, Xintai Medical, Duoxiangyun and Zibuyu will be listed this week.
November 7 Monday
Keywords: US stock enters winter time, Palantir/BioNTech announced its performance, and new stock Xintai Medical announced its winning results
Monday economic data, 1 October China's foreign exchange reserve data.
Previous data showed that as of the end of September, China's foreign exchange reserves were US$3029 billion, down US$25.9 billion from the end of August, a decrease of 0.85%. In terms of financial report, companies such as $Palantir Technologies (PLTR.US)$, $BioNTech (BNTX.US)$ and other companies will announce their results. In terms of new shares of
, $Xintai Medical (02291.HK)$ announced the winning results; $Xunshi Gas (01407.HK)$ ended the subscription.
One picture to understand | Xintai Medical is listed in Hong Kong, focusing on the pioneering medical device field of structural heart disease intervention
It is worth noting that North America will start winter time at 3 pm Beijing time (Sunday) at 3 pm Beijing time, and the trading time of the US financial market will be delayed by one hour compared to daylight saving time .
US stock trading time is adjusted to 22:30-05:00 (Beijing time);
pre-market trading is 17:00-22:30 (Beijing time);
after-market trading is 05:00-09:00 (Beijing time);
US futures trading will be delayed by 1 hour overall.
Next week, when the US stock market entered winter, the opening and closing was delayed by one hour
November 8 Tuesday
Keywords: Boston Fed Chairman Collins, Cleveland Fed Chairman Mester, US Senate and House of Representatives elections, Activision Blizzard, American Mix, Norwegian Cruise announced financial reports.
Tuesday in terms of economic data, US NFIB Small Business Confidence Index.
In terms of economic events, Collins, and Cleveland Fed Chairman Mester delivered speeches.
Collins said in his previous speech that interest rate is already in a restrictive area, and Federal Reserve is time to shift its focus from rate hike to the total rate hike. "In other words, it is to have enough restrictiveness, how high should our interest rate rise in the end."
Mester said in a previous speech, "In view of the fact that The current level of inflation and its broadness and durability, I think monetary policy will need to become stricter in order to push inflation to a sustainable downward path of 2%. "In terms of financial reports, $ Activision Blizzard (ATVI.US)$, $ USM (MOS.US)$, and $ Norwegian Cruise (NCLH.US)$ announced their financial reports. In terms of new stocks in
, $ Xintai Medical (02291.HK)$ was listed on the same day; $Duoxiangyun (06696.HK)$ announced the winning results.
events worth paying attention to on that day, US midterm elections kicked off, Republican will launch an impact on the control of the Democratic Congress.
The US midterm elections will kick off, and the Democrats currently account for a small majority in the House of Representatives, while both sides are evenly matched in the Senate. Polls show that the Republicans will retake the House of Representatives, while the Senate will be in a match. Historically, split Congress has often benefited the stock market because it can affect the clearance of bills that restrict business expansion, such as stricter regulatory regulations or higher corporate taxes. In the past 70 years, U.S. stocks will usually experience a rise in the six months after the midterm elections.
November 9 Wednesday
Keywords: China announced October CPI, PPI data, changes in the US API and EIA crude oil inventories for the week ending November 4, Disney/October Petroleum and other companies released financial reports
Wednesday economic data , China National Bureau of Statistics will release October CPI and PPI data, and changes in the US API and EIA crude oil inventories for the week ending November 4.
The U.S. crude oil inventories fell by 6.534 million barrels in the week from October 28, an expected increase of 267,000 barrels, and the previous value increased by 4.52 million barrels. U.S. crude oil inventories fell by 3.115 million barrels to 437 million barrels in the week ending October 28, a decrease of 0.71%, and an expected increase of 367,000 barrels. The U.S. strategic oil reserve inventory fell by 1.926 million barrels in the week ending October 28, and the previous value decreased by 3.417 million barrels. In terms of financial report, companies such as $ Disney (DIS.US)$, $Occupy Oil (OXY.US)$, $Upstart (UPST.US)$, $Affirm Holdings (AFRM.US)$, $AMC Cinemas (AMC.US)$, $Lucid (LCID.US)$, $Roblox (RBLX.US)$ and other companies will announce their results.
November 10th Thursday
Keywords: The number of people who requested unemployment benefits in the United States in the week ending November 5th, the financial reports of the United States in October, SMIC/Huahong Semiconductor/NIO, etc.
Thursday economic data, The number of people who requested unemployment benefits in the week ending November 5th, and the United States in October CPI.
The number of initial unemployment claims in the United States to October 29 was 217,000, close to a historical low, which caused the market to diverge between trading "recession", "inflation" or "interest rate final value". Investors are now turning to October non-farm employment data to be released this Friday. Good employment data and lower unemployment rates, while good for the economy, may mean that the Fed has more work to do.
9html September CPI report showed that the year-on-year growth rate of CPI only fell slightly from a high level, and core inflation hit a new high in 40 years, indicating that the upward pressure on US prices is still huge and becoming stronger. In terms of financial report, Hong Kong stocks $SMIC (00981.HK)$, $Huahong Semiconductor (01347.HK)$, $NIO-SW (09866.HK)$;
US stocks $Rivian Automotive (RIVN.US)$, $Unity Software (U.US)$ and other companies will announce their results.
new stocks, Hong Kong stock $Zibuyu (02420.HK)$ announced the winning results.
One picture to understand | Zibuyu went to Hong Kong to go public, one of China's largest cross-border e-commerce
November 11 Friday
Keywords: speech by Cleveland Fed Chairman Mester, the University of Michigan, the United States consumer confidence index initial value
Friday economic data, the United States will announce the University of Michigan, . In terms of economic events, on November 11, Cleveland Fed Chairman Mester delivered a speech on the prospects of the U.S. economy, and Kansas Fed Chairman George delivered a speech at a meeting on energy and economy.
Previously, on October 11, US Cleveland Fed Chairman Mester said that the results of suppressing inflation are not obvious and the Federal Reserve needs to continue hikes. Taking into account the current economic situation and expectations, the greater risk lies in the weak tightening and the deep-rooted high inflation. On October 15, Kansas Fed Chairman George believed that the Fed must continue to raise interest rates and keep restrictive interest rates longer, but was wary of hikes too quickly because it could interfere with financial markets and the economy.
new stocks, $Zibuyu (02420.HK)$ was listed on the same day.
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