The main 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. Also, the US equity earnings season continues. He announced without warning that he will make a major announcement. The market expects him to announce his candidacy for the next president. Below are the international events of this week.
US-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. discussing issues such as the Taiwan Strait and the Russia-Ukraine war, Biden stressed that he will draw a red line on the US-China relationship and make no concessions or compromises.
US Equity Earnings Season: Huida, Cisco and Retail Equities Relay
The US equity earnings season is coming to an end, but there are still several major companies that will announce earnings and outlook releases this week, including Huida (NVDA-USA) and data center equipment maker Cisco (CSCO-USA), which also includes a range of retail stores such as Target Department Store (TGT-USA), The Home Depot (HD-USA), Macy’s (M-US), by Lowe (USA LOW) Wait.
EURRegional, UK and other country CPI data released
The latest US inflation data slowed more than expected last week,EURThe region, the United Kingdom, Japan and other countries will later announce the previous month’s CPI and PPI data. The market expects global inflation to gradually ease, and inflation estimates in many countries are showing signs of a downward trend. , building permits and other data will be released in succession.
US midterm elections drawing to a close, Trump rumored to run for next president
The midterm elections in the United States are coming to an end, and the election is not as good as the market expected the Republican Party to win. At present, the probability of a head-on collision is high, and the Republican Party is expected to win both rooms.
Trump, the Republican general and former president, also revealed that he will make a major announcement on the 15th. Trump’s former staffers stressed that Trump will announce his candidacy for the 2024 presidential election, and it will be a very formal and strict announcement, There is a chance to compete with Biden again in the next year.
