Group 1: Economic Indicators - Eurozone's August CPI preliminary value is expected to remain at 2.0%, unchanged from the previous value [1] - The US ISM Manufacturing PMI for August is anticipated to be 48.6%, slightly up from the previous 48 [2] - US factory orders for July are projected to show a month-on-month decline of 1.4%, an improvement from the previous decline of 4.8% [3] Group 2: Employment Data - The ADP employment change for August is expected to show an increase of 70,000 jobs, down from the previous 104,000 [5] - Initial jobless claims for the week ending August 30 are forecasted to be 226,000, slightly lower than the previous 229,000 [6] - The non-farm payroll report for August is expected to show an adjusted increase of 78,000 jobs, up from 73,000, with an unemployment rate forecasted at 4.3%, slightly higher than the previous 4.2% [7] Group 3: Federal Reserve Insights - The Federal Reserve will release its Beige Book on economic conditions, which will be closely monitored for its impact on related futures prices [4]

Group 1 - The number of initial jobless claims in the U.S. for the week ending August 23 is 229,000, which is lower than the expected 230,000 [1] - The previous week's figure was revised down from 235,000 to 234,000 [1]

Core Insights - The number of initial jobless claims in the U.S. for the week ending August 23 is reported at 229,000, with the previous value revised from 235,000 to 234,000 [1] Summary by Category - **Employment Data** - Initial jobless claims for the week ending August 23 stand at 229,000 [1] - The prior week's claims were revised from 235,000 to 234,000 [1]

Group 1 - The three major U.S. stock indices opened slightly higher, with the Dow Jones up 0.06%, Nasdaq up 0.15%, and S&P 500 up 0.04% [1] - Snowflake's stock surged over 11% after the company reported Q2 earnings that exceeded market expectations [1] - Nvidia's stock rose over 1% during the trading session [1] Group 2 - Chinese concept stocks showed mixed performance, with Alibaba and JD.com down over 2%, while NIO and Li Auto rose over 2% [1] - U.S. stock index futures were slightly higher, with Dow futures up 0.13%, S&P 500 futures up 0.05%, and Nasdaq futures up 0.03% [2] - Nvidia's stock turned positive in pre-market trading after previously declining by 3.3% [2]

Group 1 - The US July PPI year-on-year rate is 3.3%, significantly exceeding the market expectation of 2.5% and marking the highest level since February [1] - The US July PPI month-on-month rate recorded a 0.9% increase, the largest since June 2022 [1] - The number of initial jobless claims in the US for the week ending August 9 is 224,000, slightly below the expected 228,000 [1] Group 2 - Binance co-founder He Yi has been selected as a global leader by Fortune, co-owning the venture capital arm YZi Labs and holding at least 10% of Binance's parent company [1] - US Treasury Secretary Bessent stated that Bitcoin reserves are valued between $15 billion and $20 billion, and there will be no purchases of cryptocurrency reserves [2] - Bessent indicated a potential for a series of interest rate cuts, starting with a 25 basis point reduction [2] Group 3 - Tron founder Justin Sun has filed a lawsuit against Bloomberg in Delaware, claiming the disclosure of his crypto assets violates previous confidentiality agreements [2] - The Guizhou provincial government has refuted rumors regarding a former official allegedly mining 327 Bitcoins, clarifying that the case is unrelated to Bitcoin [3]

Core Insights - The number of initial jobless claims in the U.S. for the week ending August 9 is reported at 224,000, with the previous value revised from 226,000 to 227,000 [1] Summary by Category - **Employment Data** - Initial jobless claims for the week ending August 9 stand at 224,000 [1] - The prior week's claims were revised from 226,000 to 227,000 [1]

Group 1 - The US stock market opened higher with all three major indices rising, with the Dow Jones up 0.17%, Nasdaq up 1.55%, and S&P 500 up 0.82% [1] - Microsoft shares surged over 10% after earnings, making it the second tech giant globally to surpass a market capitalization of $4 trillion [1] - Meta's stock rose over 6% following earnings, driven by AI boosting core business growth [1] Group 2 - Qualcomm's stock fell over 3% in pre-market trading due to the announcement that it will lose Apple as a customer for its modem business in the coming years [8] - Meta's pre-market stock increased by over 11%, reporting a 22% year-on-year revenue growth and a net profit of $18.3 billion, up 36% [9] - Microsoft's pre-market stock rose nearly 9% after reporting Q4 FY2025 revenue of $76.44 billion, compared to $64.7 billion in the same period last year [10] Group 3 - The US core PCE price index for June increased by 2.8% year-on-year, up from a previous value of 2.7% [11] - The number of initial jobless claims in the week ending July 26 was reported at 218,000, slightly up from the previous week's 217,000 [12][13] - The number of layoffs reported by Challenger companies in July was 62,075, an increase from the previous value of 47,999 [14]

Group 1 - The number of initial jobless claims in the U.S. for the week ending July 26 was 218,000, which is lower than the expected 224,000 and slightly higher than the previous week's figure of 217,000 [1]

Core Viewpoint - The decline in initial jobless claims may mask the true weakness of the labor market, as highlighted by Oliver Allen from Pantheon Macroeconomics [1] Group 1: Labor Market Analysis - Despite the decrease in initial jobless claims, the labor market's weakness may not be accurately reflected due to seasonal adjustments affected by summer maintenance shutdowns in auto factories [1] - The current level of continuing claims for unemployment benefits remains high, indicating a slow but steady deterioration in the labor market [1]

Core Viewpoint - US Treasury yields have slightly increased, while initial jobless claims show a decline [1] Group 1 - The increase in US Treasury yields indicates a potential shift in investor sentiment towards riskier assets [1] - Initial jobless claims have decreased, suggesting a strengthening labor market and potential economic growth [1]