On August 5, the three major U.S. stock indexes fluctuated and consolidated, and the anti-epidemic concept stocks continued to be strong. As of press time, the Dow is up 0.30%, the Nasdaq is up 0.35%, and the S&P 500 is up 0.23%.
Global macro
Fed Kaplan: Should start gradually reducing debt purchases as soon as possible
On Wednesday local time, Dallas Fed President Kaplan said,MidlandThe Reserve Bank should start gradually reducing its bond purchase plan as soon as possible. This will allow the central bank more leeway in raising interest rates and thus maintain patience.
Kaplan said that if the U.S. employment data continues to make progress in July and August,MidlandIt is best for Chu to start adjusting its asset purchase plan as soon as possible. This process will take about eight months.He emphasized that it is necessary to distinguish between the discussion on raising interest rates and reducing debt purchases. His comments on reducing debt purchases do not imply hope.MidlandThe Reserve Bank took more active actions in raising interest rates.
Before, there is Russia, now there is Brazil’s emerging markets to raise interest rates, now 100 basis points start?
Local time this Wednesday (August 4), the Central Bank of Brazil announced the benchmarkinterest rateThe increase of 1 percentage point, from 4.25% to 5.25%, is the first time the central bank has raised interest rates by a full 100 basis points since 2003. Prior to this, the Central Bank of Brazil had raised interest rates three times in a row, with an increase of 75 basis points each. This has made the Central Bank of Brazil one of the most aggressive central banks in the world to initiate austerity measures. The cumulative rate of interest rate hikes since March Has reached 325 basis points.
Has the U.S. Economy Peaked?
Recently, the United StatesSMEsThe decline of other indicators is interpreted by some market views as “the U.S. economy has peaked,” and the latter “simply” is used to explain “the U.S. debt is down and the U.S. dollar is up”. But in fact, the epidemic has been disrupting the repair process of different sectors in the US economy this round, and a single aggregate indicator cannot reflect the overall picture of the economy. Considering that the ballast stone of the US economy is “consumption”, the situation of the residents’ balance sheet can better reflect the real economic growth momentum. The total income of US residents is far above the historical trend line, salary income has continued to grow rapidly, and the level has exceeded that before the epidemic, and the savings rate is at a historical high.
U.S. stocks in focus
Moody’s: The chip industry’s barriers to entry continue to increase
MoodyTimothy Uy, deputy director of MoodysAnalytics, recently stated that the manufacturing of semiconductor chips is a capital-intensive and complex process. As the replacement of new-generation chips accelerates, the industry’s entry barriers continue to increase, which may lead to tight supply in the industry. The situation is maintained for a long time, and the participation of global governments in this industry will help balance supply.
The “ceiling” of the game live broadcast industry is looming
Well-known game live broadcast giantHuyaRecently on the list frequently. First, the merger was stopped by the General Administration of Market Supervision, and then the app was “named” by the Ministry of Industry and Information Technology for allegedly infringing on the rights and interests of users, such as deception, misleading, and coercion. On July 19, the Ministry of Industry and Information Technology announced the sixth batch of apps related to infringement of user rights and interests in 2021. Among the 71 apps that have not completed the rectification,HuyaAlso impressively listed.
U.S. stock company
Disney fined 400,000 yuan for shoddy
According to the website of Shanghai Municipal Market Supervision Bureau, on July 23,DisneyCommerce (Shanghai) Co., Ltd. was administratively punished. The penalty was to pretend to be a qualified product with a substandard product. The result of the penalty was the confiscation of illegal income of 128,721,100 yuan and a fine of 407,421 million yuan. The punishment unit was Shanghai Pudong New Area Market Supervision and Administration Bureau.
Google unveils self-developed mobile phone chip
On the 2nd local time, Google announced its self-developed mobile phone chip Tensor, and said it will be equipped with this chip on the Pixel6 series of mobile phones launched this fall.This means that Google will abandon cooperation for more than ten yearsQualcomm,andAppleThe company also embarked on the path of self-developed chips.
U.S. real estate group Vici plans to acquire MGM REIT for $17.2 billion
News on August 5, United Statesreal estateGroup ViciProperties plans toMGM International HotelGroup (MGMResort), complete acquisitionreal estateTrustfund(REIT) MGMGrowthProperties, with a total transaction value of US$17.2 billion (HK$134.2 billion). MGMGrowthProperties was established in 2016 and gradually increased its holdings thereafterMGM International HotelIts U.S. property.
Apple plans to launch low-priced ipad to seize the mid-range market
According to media reportsApplePlans to launch iPadSE, using the old iPadmini model, similar to the old bottled new wine model of the iPhoneSE series to reduce iPad costs and squeeze Android tablets.For a long time, the tablet computer market has been dominated byAppleThe iPad dominates the second quarter of this year. Data in the second quarter of this year shows that the iPad occupies a 35% market share in the tablet market, while the second-ranked Samsung only occupies an 18% market share in the tablet market.
Honda Motor: China’s sales in July fell 20.9% year-on-year
Honda MotorannouncementAccording to reports, China sold 108,139 vehicles in July, down 20.9% year-on-year, due to the tight supply of parts and components. The cumulative sales volume in China from January to July was 894,672, a year-on-year increase of 19.5%.Honda MotorSaid that the tight supply of parts and components has led to a decline in China’s auto sales.
(Article Source:Oriental wealthResearch center)
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