巴基斯坦央行将关键利率下调至 11.00%，预期 12%，前值 12%。 ...

兄弟姐妹们啊，简单关注一则特朗普跟美联储主席的消息。 特朗普首次给出明确表态 不会提前解雇鲍威尔 美国总统特朗普坚称，尽管他持续批评降息速度过慢，但他并不打算解雇美联储主席杰罗姆·鲍威尔。 他在周日播出的NBC节目《会见新闻界》中接受采访时说道："我为什么要那样做？我很快就可以换人 了。" 特朗普还为自己的关税政策进行了辩护，坚称企业已经开始将生产设施转移到美国。他补充说，他不排 除将这些关税永久化的可能性。 在采访中，总统再次被问及是否考虑竞选第三任总统，尽管宪法禁止总统连任三届。今年3月30日他曾 告诉NBC："很多人希望我这么做"，但当时表示做决定还为时尚早。而在本周日的采访中，他似乎否定 了这一可能。 特朗普称："他（鲍威尔）应该降息。迟早他会降的。他宁愿不这么做，因为他不是我的粉丝。你知 道，他就是不喜欢我，因为我觉得他是个完全呆板的人。" 当被问及是否会在鲍威尔2026年任期结束前将其免职时，特朗普作出了最明确的否认："不，不，不。 那完全是……我为什么要那样做？我很快就能换人了。" 上个月，在特朗普加大对鲍威尔的攻击力度之后，华尔街股市大幅下跌，引发市场对美联储独立性的担 忧。此后，特朗普在言辞 ...

Financial Data and Key Metrics Changes - The company reported sales of $2,500,000,000, a decrease of 5.7% as reported or about flat on a constant basis, impacted by two fewer shipping days and foreign exchange headwinds [6][16]. - Earnings per share (EPS) were $1.52, benefiting from productivity gains, restructuring actions, and a lower tax rate, which offset pricing pressure and higher input costs [7][19]. - Gross margin for the quarter was 23.1% as reported, and 24.1% excluding charges, in line with the prior year [17]. - Operating income was $96,000,000 or 3.8%, with adjusted operating margin at 4.8%, a decrease of 130 basis points year-over-year due to higher input costs [17][18]. Business Line Data and Key Metrics Changes - **Global Ceramic**: Sales were just over $990,000,000, a 4.9% decrease as reported but a 1.2% increase on a constant basis, driven by improved product and channel mix [20]. - **Flooring North America**: Sales were $862,000,000, a decrease of 4.2% as reported or 1.1% on a constant basis, impacted by the order management system conversion [20]. - **Flooring Rest of the World**: Sales were $670,000,000, an 8.8% decrease as reported and 2.9% on an adjusted basis, driven by lower sales volume and unfavorable price mix [21]. Market Data and Key Metrics Changes - Conditions in the first quarter weakened sequentially, with residential remodeling remaining the lowest sector [12]. - Consumer confidence in the U.S. has been declining, affecting spending and housing activity [13]. - In Europe, consumer confidence has also declined due to economic uncertainty, leading to postponed home sales and remodeling activities [14]. Company Strategy and Development Direction - The company aims to grow market share in a challenging environment by optimizing product mix and reducing costs [24]. - Restructuring projects are on schedule, with expected savings of approximately $100,000,000 this year [18][34]. - The company is focusing on enhancing domestic manufacturing capabilities to mitigate tariff impacts and improve competitive positioning [9][24]. Management's Comments on Operating Environment and Future Outlook - Management anticipates that the impact of tariffs will influence consumer spending and new construction, though the extent is unpredictable [11]. - The company expects pricing pressure to continue across all regions due to low demand and competitive markets [35]. - The outlook for the second quarter adjusted EPS is projected to be between $2.52 and $2.62, excluding any restructuring or one-time charges [36]. Other Important Information - The company purchased 225,000 shares of its stock for approximately $26,000,000 during the quarter [8]. - Cash and cash equivalents were just over $700,000,000, with free cash flow expected to remain strong despite a use of approximately $85,000,000 in Q1 [22][23]. Q&A Session Summary Question: Timing of tariff impact and pricing actions - The CFO indicated that the $50,000,000 annualized cost impact from tariffs would be more evident in the late third to fourth quarter, as inventory turnover takes time [41]. Question: Domestic capacity and pricing strategy - Management emphasized the advantage of domestic production capacity in the U.S. market, which will be leveraged to optimize results amid tariff increases [43]. Question: Balancing pricing power and demand - Management acknowledged the challenge of balancing pricing power with slower demand, indicating that pricing actions are being assessed continuously [49][50]. Question: EPS growth outlook amid tariff impacts - Management expressed that EPS growth would depend on market conditions, with efforts to offset tariff impacts through pricing and cost-cutting measures [58][59]. Question: Inventory levels and market dynamics - The company noted an increase in inventory levels due to preemptive imports ahead of tariffs, with no significant changes in downstream volumes observed [105][106]. Question: Breakdown of imports and tariff exposure - The company clarified that a significant portion of imports comes from countries like Vietnam and India, with minimal exposure to China [111][112].

Financial Data and Key Metrics Changes - Reported sales for the first quarter were $2.5 billion, a decrease of 5.7% as reported or approximately flat on a constant basis, impacted by two fewer shipping days and foreign exchange headwinds [3][12] - Earnings per share (EPS) for the quarter was $1.52, benefiting from productivity gains, restructuring actions, and a lower tax rate, which offset pricing pressure and higher input costs [4][14] - Gross margin for the quarter was 23.1% as reported, and 24.1% excluding charges, consistent with the prior year [13] - Operating income was reported at $96 million, or 3.8%, with adjusted operating margin at 4.8%, a decrease of 130 basis points year-over-year due to higher input costs [14][18] Business Line Data and Key Metrics Changes - Global Ceramic segment had sales of over $990 million, a 4.9% decrease as reported but a 1.2% increase on a constant basis, driven by improved product and channel mix [15] - Flooring North America sales were $862 million, a decrease of 4.2% as reported or 1.1% on a constant basis, impacted by the order management system conversion [15] - Flooring Rest of the World reported sales of $670 million, an 8.8% decrease as reported and 2.9% on an adjusted basis, driven by lower sales volume and unfavorable price mix [16] Market Data and Key Metrics Changes - Conditions in the first quarter weakened sequentially, with residential remodeling remaining the lowest sector [8][11] - Consumer confidence in the U.S. has been declining, affecting home sales and remodeling activities [10][11] - In Europe, consumer confidence has also declined due to economic uncertainty, leading to postponed home sales and remodeling activities [11][12] Company Strategy and Development Direction - The company aims to grow market share in a challenging environment by optimizing product mix and reducing costs [19] - Restructuring projects are on schedule, with expected savings of approximately $100 million this year [14][30] - The company is focusing on enhancing domestic manufacturing capabilities to mitigate tariff impacts and improve competitive positioning [5][21] Management Comments on Operating Environment and Future Outlook - Management anticipates that the impact of tariffs will influence consumer and business spending, though the extent is unpredictable [7][29] - The company expects pricing pressure to continue across all regions due to low demand and competitive markets [30] - Long-term prospects for the flooring category remain optimistic, with expectations of significant improvement when industry volumes return to historical levels [31] Other Important Information - The company purchased 225,000 shares of its stock for approximately $26 million during the quarter [4] - Cash and cash equivalents were over $700 million, with free cash flow usage of approximately $85 million primarily due to delayed invoicing and increased imports ahead of tariffs [16][17] Q&A Session Summary Question: Timing of tariff impact - The company expects the $50 million annualized cost impact from tariffs to be more pronounced in the late third quarter and fourth quarter, as inventory turnover takes time [34][36] Question: Pricing power in a promotional environment - The company believes that tariffs will be passed through to consumers, with selective pricing actions being taken to offset costs [42][44] Question: EPS growth outlook - Management indicated that EPS growth will depend on market conditions, with efforts to offset tariff impacts through pricing and cost-cutting measures [51][52] Question: Energy cost headwinds - The company expects energy costs to be slightly higher in Q2, with potential benefits from lower natural gas prices in the fourth quarter [118][120] Question: Inventory levels and market share - The company has increased inventory levels due to imports ahead of tariffs, and is focused on maintaining market share without leading with price [97][95]

加拿大央行会议纪要显示，委员会在是降息还是维持 利率不变的问题上存在分歧。 ...

泰国央行关键利率下调25基点至1.75%，符合预期。 ...

回顾过去的一些例子，我们可以看到这种数据如何影响黄金价格。比如在2024年6月，当非农新增就业只有17.5万（远低于预期的28.5 万），失业率上升到了4.1%，结果当天黄金价格就上涨了30美元。而在2021年3月，新增就业达到了91.6万，失业率降到了6.0%，这导致 黄金价格大跌了82美元。 | 自 2025年05月02日 - | | 图 回到今天 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ← 上周 | 04/28 04/29 周一 周二 | | 04/30 周三 | 05/01 周四 | 05/02 周五 | 05/03 周六 | 05/04 周日 | 下周 ▶ | | 经济数据 | -- 财经大事 假期 基差日历 | | 每日更新 | | | | | | | 经济数据一览 | | | | | 美国 ▼ | | 只看重要 ● | 未公布 ○ | | 时间 国区 | 指标名称 | | | 重要性 | 前值 | 预测值 | 公布值 | 影响 | | 03:00 | 美国3月用于乙醇燃料的玉米消费量(亿蒲式 ...

欧洲央行应当在进一步降息方面保持谨慎。 欧洲央行管委Stournaras：利率可能会在今年降至2%。 ...

巴西财政部副部长Galipolo：我们将把利率调整到实现目标所必需的水平。 ...

Market Overview - Wall Street experienced a strong rebound due to signs of de-escalation in the U.S.-China trade war and President Trump's assurance regarding Federal Reserve Chair Jerome Powell's position. The Nasdaq Composite Index led the rally with a gain of 6.7%, while the S&P 500 and Dow Jones increased by 4.6% and 2.5%, respectively [1] Nasdaq Performance - The Nasdaq Index returned to positive territory in April, with the Fidelity Nasdaq Composite Index ETF (ONEQ) and Invesco QQQ (QQQ) both gaining over 9% [2] Key Stocks in QQQ ETF - Five stocks that were at the forefront of the rally include Microchip Technology Inc. (MCHP), Palantir Technologies Inc. (PLTR), Tesla (TSLA), AppLovin Corporation (APP), and Micron Technology (MU) [3][10] Trade Tensions - Reports indicate that China may suspend its 125% tariff on certain U.S. goods, which has positively impacted market sentiment. The potential tariff cuts could affect key sectors such as medical equipment and industrial chemicals [4] Federal Reserve Insights - President Trump clarified that he does not plan to remove Jerome Powell before his term ends in May 2026. Some Federal Reserve officials have indicated a willingness to consider interest rate cuts, with a potential cut as early as June being discussed [6] Earnings Highlights - Netflix (NFLX) reached an all-time high stock price of nearly $1,101, reflecting strong performance and investor confidence [7] - Despite Tesla's disappointing first-quarter results, shares rose after CEO Elon Musk expressed optimism about future goals [8] - Alphabet (GOOG, GOOGL) reported strong first-quarter results, exceeding earnings and revenue estimates, and announced a 5% dividend increase along with a $70 billion stock buyback authorization [8] QQQ ETF Fundamentals - Invesco QQQ tracks the Nasdaq 100 Index, with 59.5% of its assets in information technology and 20.2% in consumer discretionary. The ETF has an AUM of $286.8 billion and an average daily volume of over 63 million shares [11][12] Stock Performances - Microchip Technology (MCHP) saw a stock increase of 21.6% last week, with a slight positive earnings estimate revision [13] - Palantir Technologies (PLTR) stock rose about 20% last week, with an estimated earnings growth rate of 34.1% [14] - Tesla (TSLA) shares jumped 18.1% despite an estimated earnings decline of 22.3% for the year [15] - AppLovin (APP) gained 16.2% with an estimated earnings growth rate of 47.46% [16] - Micron Technology (MU) increased by approximately 16% last week, with an estimated earnings growth of 426.9% for the fiscal year [16]