U.S. stocks approach the collective active market for Pingzhong, waiting for Powell to speak

Zhongxin Jingwei, August 26th. On the evening of the 26th Beijing time, the three major indexes of the US stocks approached the flat opening, the Dow rose 0.11%, the Nasda Index fell 0.07%, and the S & P 500 index rose 0.05%.

On the plate, the Nasdaq China Golden Dragon Index rose 3.47%. The U.S. clothing group's GAP US stocks rose 6.6%, and the company's revenue from the end of July ended the fiscal quarterly revenue of 8%year -on -year to US $ 3.86 billion, slightly better than the market expectations of US $ 3.82 billion.

China stocks are collectively active, iQiyi rose about 7%, Pinduang rose about 5%, Alibaba rose about 5%, JD.com rose about 3%, Bilibili rose about 2%. The news on the evening of the 26th shows that the China Securities Regulatory Commission, the Ministry of Finance and the US regulatory agency signed an audit supervision cooperation agreement. The cooperation agreement mainly made specific arrangements for the two parties to conduct daily inspections and law enforcement investigations on the cooperation of relevant accounting firms. Scope, cooperation form, information use, specific data protection and other important matters.

The CSRC stated that retaining the listing of Chinese stocks in the United States is beneficial to investors and benefits to listed companies. It is a win -win institutional arrangement. This is an important foundation for both parties to sit down and negotiate and reach an agreement.

On the macro -message surface, the US Department of Commerce announced that the US Department of Commerce showed that the US July PCE price index increased by 6.3%year -on -year, lower than the market expectations of 6.4%, and the previous value was 6.8%; Value 1%. The core PCE price index of inflation indicators that the Fed is most concerned about increased by 4.6%year -on -year, lower than the market expectations 4.7%, and the previous value of 4.8%, the minimum increase since October last year; the month -on -month increase was 0.1%, lower than the expected 0.2%. The previous value 0.6%.

The US Department of Commerce stated in the press release that the increase in personal income in July was mainly due to rising wages. In contrast, owners' income, personal rental income, and personal transfer income declined.

In addition, the annual Jackson Hall Conference is about to be officially held. This is the most noticeable conference in addition to eight Federal Reserve's interest conferences each year. It is also known as the "Davos Forum" of the central bank governor. Federal Reserve President Powell will give a speech on the US economic prospects at 22 on Beijing time tonight. This is the most critical highlight of the Jackson Hall Global Central Bank Annual Conference this year.

According to Reuters, in recent weeks, the debate on whether the US economy is on the verge of decline and how this may make the Fed's abandonment of interest rates. As the annual inflation rate of the United States remains at 8.5%, which is much higher than the central bank's target of 2%, investors have reduced their expectations of the Fed may slow down their interest rate hikes.

At present, interest rate futures suggest that the Fed's 75 -basis point in September is 60%. The report quoted Luca Paolini, chief strategist of Patek Asset Management Corporation, said that "the Fed and other central banks have been sleeping on the issue of inflation, and now they are eager to re -gain reputation." (Zhongxin Jingwei APP)

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