Breakfast | Super financial reports of US stocks this week, market closely watching non-farm payrolls

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Important Events and Data of the Week: Super Central Bank Week, Non-Farm Payrolls, Apple, Microsoft Earnings Reports

Wednesday: China's official manufacturing PMI for July; ADP employment figures for July in the United States. The Bank of Japan announces its interest rate decision and outlook report, with Governor Haruhiko Kuroda holding a press conference on monetary policy. Microsoft and AMD release their earnings.

Thursday: Caixin manufacturing PMI for July in China; Initial jobless claims in the U.S. up to July 27th, final values of the S&P Global Manufacturing PMI for July, and ISM Manufacturing PMI. The Federal Reserve announces its interest rate decision, with Chairman Jerome Powell holding a press conference on monetary policy; the Bank of England announces its interest rate decision, with Governor Andrew Bailey holding a press conference on monetary policy. Meta, Qualcomm, and others release their earnings.

Friday: Unemployment rate and seasonally adjusted non-farm payrolls for July in the United States. Earnings reports from Apple, Amazon, Intel, and others.

Morgan Stanley: Powell Expected to Hint at Rate Cuts

"Significant progress on inflation" will bring the Federal Reserve closer to cutting rates, with three rate cuts expected this year, starting with an announcement at the September FOMC meeting. It is anticipated that Federal Reserve Chair Jerome Powell will hint at an upcoming rate cut decision during his press conference. Powell is not expected to provide a specific timeline for the rate cuts but is likely to emphasize increased confidence.

UBS: Federal Reserve Policy Shift "Imminent"

UBS predicts that the U.S. economy will continue towards a soft landing. The steady rise in the unemployment rate is consistent with below-trend economic growth. Meanwhile, the general anti-inflation process is already in place. UBS's baseline forecast is for the Federal Reserve to cut rates by 25 basis points in September.

Apple AI Features to Launch After iOS 18 Debut

Apple plans to introduce Apple Intelligence to customers before October as part of a software update. Sources indicate that this means AI features will be rolled out a few weeks after the scheduled release of iOS 18 and iPadOS 18 in September.

Li Auto: Li Supercharging Stations Exceed 700 in Total

From the 600th to the 700th Li Supercharging Station, it took only 28 days. The total number of urban Li Supercharging Stations has exceeded 200.

Nio Unveils Second Generation Nio Phone

The second generation Nio Phone from Nio features an ultra-thin design with a body thickness of 8.6mm. Nio also announced the successful mass production of the world's first 5nm intelligent driving chip, Jingxi NX9031.

Evergrande Auto: Creditors Apply for Bankruptcy Restructuring of Evergrande Smart Auto, Significantly Impacting Production and Operations

Subsidiaries of Evergrande Auto, including Evergrande New Energy Vehicle and Evergrande Smart Auto (related subsidiaries), received notices from local courts, with certain creditors applying for bankruptcy restructuring of the related subsidiaries on July 25.

Alibaba's Joseph Tsai: Proud to Drive Digital Transformation of the World's Largest and Most Complex Sporting Events

Joseph Tsai stated that Alibaba provided the core cloud computing system for the Olympic Broadcasting Services (OBS), enabling remote production video signals to be transmitted rapidly and cost-effectively worldwide This year's Paris Olympics will be the first in Olympic history where cloud broadcasting surpasses satellite broadcasting as the mainstream broadcasting method.

US Vice President Harris Joins TikTok to Attract Young Voters

US Vice President Harris recently joined TikTok and posted videos to attract young voters. In March this year, Harris stated, "We have national security concerns about the owners of TikTok, but we have no intention of banning TikTok."

Fuyao Glass: Fuyao America is not the target of investigation, all operations are normal

Fuyao Glass America Limited received a visit from US federal government agencies and local law enforcement officers around 10 am US time on July 26. Fuyao America is mainly cooperating with US government agencies in an investigation into a third-party labor service company.

Trump: Bitcoin's Market Value May Surpass Gold in the Future

During the Bitcoin 2024 conference, Trump stated that Bitcoin will soon surpass silver and may surpass gold in the future. If elected, I will establish a strategic national Bitcoin reserve, with the government holding 100% of its Bitcoin. The government's policy will be to treat Bitcoin as a national strategic reserve. Never sell your Bitcoin, Bitcoin and cryptocurrencies will soar in unprecedented ways. I will be a president that America needs to support innovation and Bitcoin. On my first day in office, I will fire SEC Chairman Gensler.

Insider: Trump Supports Bitcoin, Has Discussed Cryptocurrency Policy with Musk

Insiders revealed that Trump also hosted executives from cryptocurrency mining companies at his Mar-a-Lago estate and pledged to reduce Ross Ulbricht's sentence. Ross Ulbricht was sentenced to life in prison for operating the dark web market Silk Road. Trump's campaign team announced in May that they would start accepting donations in digital assets. Campaign aides revealed that they raised $4 million from various digital tokens.

Republican Senator: Drafting Legislation to Require Government to Hold Up to 1 Million Bitcoins Within 5 Years

Republican Senator Cynthia Lummis of Wyoming plans to draft legislation requiring the government to establish a national reserve of up to 1 million Bitcoins within five years and hold it for 20 years. "Our goal is to make people realize that Bitcoin is a long-term asset. It is digital gold, a hard asset that can support the dollar and ensure the dollar remains eligible as a global currency."