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下周重磅日程:“全市场最重要的财报”来了
华尔街见闻· 2025-08-24 12:54
Financial Reports - Nvidia, Alibaba, Meituan, Pinduoduo, Luxshare Precision, and Zhongji Xuchuang are set to release their financial data [3][22][26][27]. - Nvidia is expected to report a revenue of $45.92 billion for Q3, with an EPS of $1.01, despite uncertainties in the Chinese market due to U.S. export restrictions [18][19]. - Alibaba's Q1 revenue for FY2026 is projected to reach 249 billion yuan, a 2% year-on-year increase, but adjusted EBITA is expected to decline by 15% to 38.2 billion yuan due to significant subsidies in its flash purchase business [22][23]. - Meituan's Q2 revenue is anticipated to be between 92.4 billion and 95.67 billion yuan, reflecting a year-on-year growth of 12.3% to 16.3%, but net profit is expected to drop by 29.3% to 50.6% [24]. - Pinduoduo is projected to achieve a revenue of 103.2 billion yuan for Q2, a 6.32% increase year-on-year, with an expected EPS of 12.3 yuan, down 43.08% [26]. Economic Indicators - The U.S. PCE price index for July showed a year-on-year increase of 2.6%, higher than the expected 2.5%, indicating rising service sector inflation [4]. - The U.S. Q2 GDP annualized growth rate was revised to 3.1%, surpassing the market expectation of 2.6%, but the growth is considered misleading due to a significant drop in imports [5][6]. - U.S. July durable goods orders fell by 9.3% in June, with a core data increase of 0.25% month-on-month, indicating a challenging investment environment for businesses [9]. - China's official manufacturing PMI for August dropped to 49.3%, signaling a slowdown in manufacturing activity [10]. - China's industrial profits for July showed a year-on-year decline of 4.3%, although the automotive sector saw a profit increase of 96.8% due to promotional activities [11]. Trade and Tariffs - The U.S. has imposed an additional 25% tariff on Indian imports, raising the total tariff rate to 50%, which is expected to significantly impact India's economic growth [13][14].
差距拉大!2025年,中国GDP将突破20万亿美元,美国可超过30万亿
Sou Hu Cai Jing· 2025-08-24 04:28
Economic Growth Projections - China's GDP is projected to reach $20 trillion by 2025, supported by a stable economic growth rate of at least 5% [1][3] - In 2024, China's GDP is estimated at $18.94 trillion, with the first half contributing $8.68 trillion, accounting for 45.83% of the total [3] Trade and Surplus - China's trade surplus for the first seven months reached $683.514 billion, a year-on-year increase of 31.2%, marking the highest level for the same period [3] - The trade surplus is expected to exceed $1.2 trillion in 2025, providing strong support for economic growth [3] Domestic Demand and Investment - Social retail sales grew by 4.8% year-on-year in the first seven months, but fixed asset investment growth was only 1.6% due to weak real estate and private investment [4] - The uneven development across industries is a core reason for the moderate economic growth rate of around 5% [6] Structural Challenges - The transition from old to new economic drivers is incomplete, with traditional growth engines losing momentum [6] - There is a need for precise macroeconomic regulation and deeper reforms to stimulate private investment and stabilize the real estate market [6] Future Economic Landscape - By 2025, both China and the U.S. are expected to achieve significant GDP milestones, with the U.S. projected to reach $30.04 trillion [8][10] - The economic growth of both countries will have systemic impacts on global trade, investment, and market confidence [10] Quality of Growth - The focus is shifting towards achieving balanced, efficient, and sustainable development, emphasizing the quality of growth alongside quantity [10] - China's economic transformation is aimed at enhancing the quality of life for its citizens while navigating various challenges [10]
X @The Economist
The Economist· 2025-08-23 00:40
Economic Comparison - America's GDP surpasses China's due to higher pricing of American services [1] Geopolitical Considerations - The Chinese government's reluctance to close the GDP gap is noted [1]
每日机构分析:8月22日
Sou Hu Cai Jing· 2025-08-22 10:05
Group 1 - The Federal Reserve's "inflation concern faction" is likely to support a rate cut only if the August non-farm payroll data shows weakness again [1] - The Australian Federal Bank economist suggests that Powell's speech at the Jackson Hole symposium will be a catalyst for the dollar's movement, but no clear signals are expected [2] - Analysts indicate that the German economy showed disappointing second-quarter GDP data, with a downward revision from -0.1% to -0.3% quarter-on-quarter [2] Group 2 - A Reuters survey indicates that most economists believe the Reserve Bank of New Zealand may cut rates two more times this year to 2.50% [3] - ING economists predict a surge in South Korean consumption in the third quarter due to government cash handouts, although weak construction investment may hinder overall growth [3] - The expectation for the next Reserve Bank of New Zealand meeting on October 8 is a 25 basis point rate cut, with over 90% of economists forecasting this outcome [3]
X @外汇交易员
外汇交易员· 2025-08-22 05:02
GDP & Inflation Forecasts - South Korea's Ministry of Economy and Finance lowered 2024 GDP growth forecast to 09% from 18% [1] - South Korea's Ministry of Economy and Finance raised 2024 inflation forecast to 20% from 18% [1] Government Initiatives - South Korea plans to introduce policy initiatives for 30 major AI projects in the second half of the year [1] - South Korea anticipates government budget expenditure in 2026 will be higher than in 2025 [1]
X @Token Terminal 📊
Token Terminal 📊· 2025-08-21 21:47
Solana Ecosystem Overview - Solana's trailing twelve months (TTM) GDP stands at $66 billion [1] - Decentralized Exchanges (DEXs) account for approximately 474% of Solana's TTM GDP [1] Leading dApp Performance - Raydium Protocol leads among all applications on Solana, generating ~$18 billion in fees paid by end users [1]
智利央行公布智利第二季度GDP
Shang Wu Bu Wang Zhan· 2025-08-21 17:19
(原标题:智利央行公布智利第二季度GDP) 《金融日报》报道,智利央行公布智利第二季度GDP同比增长3.1%,环比增长 0.4%,增长主要得益于服务业、贸易、采矿业和制造业。截至2025年第二季度,智利 外债总额为2599.96亿美元,达到历史最高水平,相当于2024年智利GDP总量的约 80.5%。 ...
X @Token Terminal 📊
Token Terminal 📊· 2025-08-21 16:58
Solana Ecosystem Overview - Solana's trailing twelve months (TTM) GDP is $6.6 billion [1] - Decentralized Exchanges (DEXs) contributed approximately 47.4% to Solana's TTM GDP [1] DEX Contribution - Raydium Protocol is the largest contributor among all applications on Solana [1] - Raydium Protocol generated ~$1.8 billion in fees paid by end users [1]
X @Token Terminal 📊
Token Terminal 📊· 2025-08-21 16:28
🌐⛓️ Ethereum's TTM GDP is $7.4B.That is, applications on Ethereum have generated $7.4B in fees (paid by end users) during the past year.Stablecoin issuers account for ~60% of Ethereum's GDP, while lending DAOs account for ~12%. https://t.co/3inYrxsh4P ...
The Week Ahead: GDP Update, Nvidia Earnings to Stir the Pot
Schaeffers Investment Research· 2025-08-21 12:14
Economic Data and Earnings Reports - Investors are anticipating significant economic data and earnings reports as August concludes, with a focus on companies such as Abercrombie & Fitch, Alibaba, and NVIDIA among others [1] - The week will feature key economic indicators including new home sales, durable goods orders, consumer confidence, jobless claims, pending home sales, GDP updates, and personal income and spending [2][3] Schedule of Key Market Events - The week begins on August 25 with new home sales data, followed by durable goods orders and consumer confidence data on August 26 [2] - August 27 is expected to be quieter with no notable economic data scheduled [3] - On August 28, initial and continuing jobless claims, pending home sales, and GDP updates will be released, leading into a busy August 29 with Core PCE, personal income and spending, and retail and wholesale inventories data [3]