【周五（2月20日）重点关注财经事件和经济数据】 ①07:30 日本1月核心CPI年率； ②15:00 德国1月 PPI月率，英国1月公共部门净借款、1月季调后零售销售月率； ③16:30 德国2月制造业PMI初值； ④17:00 欧元区2月制造业PMI初值； ⑤17:30 英国2月制造业PMI初值、2月服务业PMI初值； ⑥21:30 加 拿大12月零售销售月率，美国12月核心PCE物价指数年率、12月个人支出月率、第四季度实际GDP年化 季率初值、第四季度实际个人消费支出季率初值、第四季度核心PCE物价指数年化季率初值、12月核心 PCE物价指数月率； ⑦22:45 美国2月标普全球制造业PMI初值、2月标普全球服务业PMI初值，美联储 博斯蒂克就经济前景发表讲话； ⑧23:00 美国2月密歇根大学消费者信心指数终值、2月一年期通胀率预 期终值、12月新屋销售总数年化； ⑨次日02:00 美国至2月20日当周石油钻井总数； ⑩次日02:15 美联 储洛根讲话。 ...

日本12月核心CPI年率录得2.4%，为2024年10月以来最小增幅，预期2.4%，前值3.00%。 ...

美国12月未季调核心CPI年率录得2.6%，与11月持平，市场预期为2.7%。 ...

Group 1 - Key Point 1: Focus on key economic events and data releases scheduled for Friday, November 21, including Japan's core CPI, UK retail sales, and manufacturing PMI for France, Germany, and the Eurozone [1][2] - Key Point 2: Specific times for data releases include Japan's core CPI at 07:30, UK retail sales at 15:00, and various manufacturing PMIs at 16:15, 16:30, and 17:00 [1] - Key Point 3: Canada’s retail sales data for September will be released at 21:30 [1] Group 2 - Key Point 1: Federal Reserve officials, including Governor Barr and Vice Chair Jefferson, are scheduled to speak on the same day, which may influence market sentiment [2]

Core Insights - Japan's core Consumer Price Index (CPI) for July increased by 3.1% year-on-year, surpassing the expected rate of 3.0% but lower than the previous value of 3.3% [1] Economic Indicators - The core CPI figure indicates ongoing inflationary pressures in Japan's economy, reflecting a slight moderation compared to the previous month [1] - The data suggests that while inflation remains above expectations, it is showing signs of stabilization [1]

Group 1 - The core CPI year-on-year for July increased to 3.1%, surpassing the previous value of 2.9% and the expected value of 3% [1] - The nominal CPI year-on-year for July remained at 2.7%, matching the previous value but falling short of the expected 2.8% [1] - The core CPI's increase of 0.2 percentage points indicates strong consumer demand, suggesting insufficient reasons for the Federal Reserve to resume interest rate cuts [3] Group 2 - Following the CPI data release, the dollar index experienced a sharp decline, dropping from 98.55 to 98.18 within five minutes, continuing to fall in the subsequent hours [3] - The market interprets the inflation performance as weaker than predicted by Powell, with Trump's tariff policies not significantly raising inflation levels [3] - The dollar index has been in a weak cycle, declining from a high of 110.15 to a low of 96.34, reflecting a cumulative drop of 12.53% this year [4]

Core Insights - The core CPI increased by 3.1% year-on-year in July, slightly above expectations, indicating potential inflationary pressures [1] Economic Indicators - The Federal Reserve Chairman Jerome Powell has emphasized that policymakers are focused on 12-month inflation trends, suggesting that the current CPI data may not be a positive sign for future monetary policy [1]

Group 1 - Japan's core Consumer Price Index (CPI) for June increased by 3.3% year-on-year, matching market expectations [1] - The previous value of Japan's core CPI was 3.7%, indicating a slight decrease in inflation rate [1]

Group 1 - The core Consumer Price Index (CPI) for Japan in June is set to be announced shortly, indicating potential market movements and economic implications [1]

Group 1 - The final value of the Eurozone's core CPI for June is 2.4%, matching both the expected and previous values of 2.4% [1]