格林大华期货早盘提示-20250911

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The global economy maintains an upward direction, with China implementing the AI+ initiative, US non - farm payroll data being significantly revised downward, and the acceleration of AI infrastructure construction [1] 3. Summary According to Related Catalogs 3.1 Important Information - The US added 911,000 fewer non - farm jobs in the 12 months ending March this year than previously estimated, equivalent to 76,000 fewer per month, indicating an over - estimation of previous employment growth [1] - The US Supreme Court will rule on the legality of Trump's global tariff policy, with oral arguments scheduled for the first week of November and a possible year - end decision [1] - Google's cloud computing division has $106 billion in existing customer contracts, with at least $58 billion expected to turn into revenue in the next two years, driven by the surge in AI processing demand [1] - South Korea will set up a $120 billion public - private fund to support AI and other advanced industries, aiming to accelerate AI adoption in various sectors in the next five years [1] - TSMC's August sales were NT$335.77 billion, up 33.8% year - on - year and 3.9% month - on - month, and the cumulative sales from January to August were NT$2.43 trillion, up 37.1% year - on - year, confirming the acceleration of AI infrastructure construction [1] - Unless the appellate court suspends the ruling, Cook will be able to participate in the September interest - rate meeting [1] 3.2 Global Economic Logic - China's exports increased by 4.4% year - on - year in August, and Chinese assets have been bought by global funds since August [1] - The significant downward revision of US non - farm payroll data by 911,000 people may lead to a larger rate cut in September [1] - The US appellate court ruled that "reciprocal tariffs" are illegal [1] - US capital goods imports reached a record $95.8 billion in July, indicating an acceleration in manufacturing [1] - The Eurozone's manufacturing PMI in August exceeded the boom - bust line for the first time since June 2022 [1] - Tesla will start mass - producing Optimus robots in 2026 [1] - TSMC's strong sales in August show the acceleration of AI infrastructure construction [1]