Group 1: Retail and Consumer Activity - During the first two days before the Spring Festival, key retail and catering enterprises in China saw an average daily sales increase of 10.6% compared to the same period in 2025 [1] - Foot traffic and sales in 78 monitored pedestrian streets increased by 23.2% and 33.2% respectively on the first day of the Spring Festival compared to last year [1] - The total box office for new films during the Spring Festival has exceeded 600 million yuan, with "Flying Life 3," "Silent Awakening," and "Bears Year After Year" leading the box office rankings [1] Group 2: Transportation and Travel - The total number of people traveling during the first 15 days of the Spring Festival is expected to exceed 3.5 billion, averaging 23.4 million daily, which is a 4% increase compared to the same period in 2025 [1] - On New Year's Eve, traffic flow on major highways showed a downward trend, with overall road traffic remaining stable and orderly [1] Group 3: Energy and Infrastructure - On the first day of the Spring Festival, the total charging volume at highway charging stations reached 1.528 billion kilowatt-hours, marking a year-on-year increase of 116.32% [1] - The Long Triangle region's foreign trade import and export value during the 14th Five-Year Plan period reached 77.28 trillion yuan, a year-on-year increase of 45.5% [1] Group 4: Defense Spending - The UK Prime Minister announced plans to accelerate the goal of increasing defense spending to 3% of GDP, with a previous commitment to raise it to 2.5% by 2027 [2]

Core Insights - Canadian wholesale sales data for May is set to be released shortly, which may impact market sentiment and investment strategies [1] Group 1 - The announcement of the May wholesale sales figures is anticipated to provide insights into the economic health of Canada [1]

Core Insights - In May, wholesale sales in the United States decreased by 0.3%, contrasting with the expected increase of 0.2% and a revised previous value of 0% from an initial 0.1% [1] Summary by Category - **Sales Performance** - The month-over-month change in wholesale sales was a decline of 0.3% in May [1] - The expected growth rate was 0.2%, indicating a significant deviation from market expectations [1] - The prior month's value was revised from 0.1% to 0%, showing a lack of growth in the previous period [1]

Core Viewpoint - The wholesale sales data for May in the United States is set to be released shortly, which may impact market expectations and economic forecasts [1] Group 1 - The announcement of the May wholesale sales figures is anticipated to provide insights into consumer demand and inventory levels [1] - This data release is crucial for analysts and investors to gauge the health of the economy and potential trends in the retail sector [1]

Group 1 - Key Point 1: The focus for July 9, 2025, includes various economic data releases and events, particularly in the U.S. and New Zealand [2] - Key Point 2: The U.S. will report API crude oil inventory for the week ending July 4, which is crucial for understanding oil supply dynamics [2] - Key Point 3: China's June CPI year-on-year data will be released, providing insights into inflation trends in the region [2] - Key Point 4: The Reserve Bank of New Zealand will announce its interest rate decision, which could impact monetary policy outlook [2] - Key Point 5: The U.S. will also release wholesale sales month-on-month data for May, which is important for gauging consumer demand [2] - Key Point 6: EIA crude oil inventory data will be published, including specific figures for Cushing and strategic petroleum reserves, which are vital for market analysis [2] - Key Point 7: The U.S. will conduct a 10-year Treasury auction, with results including the bid-to-cover ratio and yield, influencing bond market sentiment [2] - Key Point 8: The Federal Reserve will release minutes from its monetary policy meeting, which may provide insights into future interest rate decisions [2]

Group 1 - Canada's wholesale sales recorded a month-on-month decline of 2.3% in April, marking the largest drop since September 2024 [1]

Core Viewpoint - Canada's wholesale sales in April decreased by 2.3%, significantly worse than the expected decline of 0.9% and a prior increase of 0.2% [1] Summary by Category Economic Indicators - The month-over-month change in wholesale sales for April was -2.3% [1] - The forecast for this metric was a decrease of -0.9% [1] - The previous month's value was an increase of 0.2% [1]

Group 1 - The wholesale sales data for Canada in April is set to be released shortly [1]

Economic Data Releases - Germany's final CPI for May will be released at 14:00 [1] - France's final CPI for May will be released at 14:45 [1] - Eurozone's adjusted trade balance for April and industrial production for April will be released at 17:00 [1] - Canada's wholesale sales for April will be released at 20:30 [1] - The initial value of the US one-year inflation expectations for June and the preliminary Michigan consumer sentiment index for June will be released at 22:00 [1] - The total number of oil rigs in the US for the week ending June 13 will be released at 01:00 the next day [1]

Economic Data and Events - Key economic data to be monitored includes Germany's May CPI final value at 14:00 [1], France's May CPI final value at 14:45 [1], and Eurozone's adjusted trade balance for April at 17:00 [1] - Additionally, Eurozone's industrial production month-on-month for April will be released at 17:00 [1], followed by Canada's wholesale sales month-on-month for April at 20:30 [1] - The U.S. will report the preliminary June one-year inflation expectations at 22:00 [1] and the preliminary Michigan University consumer confidence index at the same time [1] - Finally, the total number of oil rigs in the U.S. for the week ending June 13 will be published at 01:00 the next day [1]