下周重磅日程：中国公布7月通胀、进出口数据，美国限俄乌8月8日前达成协议

Economic Indicators - In July, China's CPI rose by 0.1% year-on-year, driven by the rebound in industrial consumer goods prices, while PPI fell by 3.6% year-on-year, with some industries showing signs of stabilization [6][7] - The import growth rate for China in June was 1.1% year-on-year, while exports grew by 5.8% year-on-year, with significant increases in lithium batteries and wind turbine exports [8] - In June, China's social financing increased by 4.2 trillion yuan, with new RMB loans amounting to 2.24 trillion yuan, indicating effective monetary policy support for the real economy [9] Key Events - The UK central bank is expected to adjust its inflation forecast slightly upward from 3.3% to 3.5% due to higher-than-expected inflation data [10] - The US began implementing "reciprocal tariffs" on August 7, with specific rates for various countries, providing a window for negotiations [14][15] - The 2025 World Robot Conference will be held in Beijing from August 8 to 12, focusing on advancements in robotics and technology [18] Company Earnings - AMD's Q2 revenue is expected to exceed market consensus, reaching $7.5 billion, with a target price increase from $175 to $200 due to strong growth in AI and CPU markets [19] - Supermicro signed a $20 billion deal with DataVolt for the delivery of high-density GPU platforms, marking a significant milestone in their partnership [20] - Novo Nordisk lowered its sales growth and profit expectations for 2025, now forecasting an 8%-14% increase in sales, down from 13%-21% [22] - Semiconductor manufacturer SMIC will release its Q2 earnings report on August 7, which is highly anticipated by investors [23]