The Federal Reserve Holds a Heavyweight Annual Meeting NVIDIA Financial Reporting DecisionAIConceptual Destiny

In addition to caring about monetary policy, next week will also usher in the end of the US stock earnings season. As the main investment theme this year,AIThe overall leader NVIDIA will be8month23The performance will be announced after the day (Thursday morning Beijing time). Investors should still vaguely remember that Nvidia5In the end of the month financial report, the expected revenue for the second fiscal quarter is set at110Around $100 million, significantly crushing analysts70Expectations of billions of dollars. From various reports, Nvidia'sAIChips are currently in a state where supply is far behind demand, giving analysts and investors high expectations, further increasing the impact of financial reports on the market.

Huang RenxunSIGGRAPHPresentation of supercomputing chips in the speech, source: NVIDIA (by Huang Renxun)SIGGRAPHPresentation of supercomputing chips, source: NVIDIA)
In addition to NVIDIA, there will also be BHP BillitonZoom(66.29, 0.93, 1.42%)Video, and Baidu(125.16, -4.71, -3.63%)NetEase(98.29, -3.15, -3.11%)Futu(48.14, -0.94, -1.92%)Waiting for well-known US listed companies to release financial reports. After the end of next week, the entire financial reporting season will gradually return to calm.


In terms of economic data, there are also some areas worth paying attention to next week. Firstly, multiple countries and regions such as the United States, the eurozone, Germany, Japan, and the United KingdomPMIThe data will be released one after another. Last month's data showed that the economies of these countries have slowed down, especially Germany's manufacturing sectorPMIHas fallen to38.8, also close38A new low of months.

For Asian investors, there is also Tokyo on Friday morningCPIData, which is also the earliest leading indicator to reflect Japan's inflation situation. This week20The auction of one-year Japanese treasury bond bonds set a record1987Against the backdrop of the bleakest results since the beginning of the year, further warming of inflation data is more likely to trigger the Bank of Japan to make some "unexpected moves".

Overview of important events next week (Beijing time):

Monday（8month21Japan: China to8month21Daily one-year period/Market quoted interest rate for five-year loans, Germany7monthPPI

Tuesday（8month22Japan: BRICS Leaders' Summit (to24Richmond Fed Chairman Balkin delivers a speech, and the United States7Total monthly sales of completed houses

Wednesday（8month23(Japan): Chicago Fed Chairman Gullsby delivers a speech, Eurozone/Germany/France/britain8monthPMI, USA8monthMarkit PMI

Thursday（8month24Day): Nvidia announced its latest financial report, Bank of Korea announced its interest rate resolution, Bank of Indonesia announced its interest rate resolution, Bank of Türkiye announced its interest rate resolution2023Jackson Hole Global Central Bank Annual Meeting Unveiled

Friday（8month25Federal Reserve Chairman Powell delivered a speech at the Jackson Hole Global Central Bank Annual Meeting8Monthly University of Michigan Consumer Confidence Index, United States8Expected monthly and one-year inflation rate