A list of major financial events in the week from September 27 to October 1, the following are Beijing time:
On Thursday (September 30), China's National Bureau of Statistics will release the September China Manufacturing Purchasing Managers' Index (PMI), followed by the September Caixin Manufacturing PMI.
Wu Chaoming, chief economist of Caixin Securities, believes that with the control of the epidemic and the arrival of holidays, favorable factors have increased, and the index still has a good trend throughout the year.
On the central bank side, ECB President Lagarde will speak on Monday and Tuesday respectively; Fed Chairman Jerome Powell appears at the hearings held by the US Senate Committee on Banking, Housing and Urban Affairs on Tuesday; on Wednesday, US Treasury Secretary Yellen spoke at the annual meeting of the National Chamber of Commerce and Economics, Bank of England Governor Bailey, Bank of Japan Governor Toshihiko Kuroda, ECB President Christine Lagarde, and Fed Chairman Powell spoke at the ECB Financial Forum Panel; 2021 FOMC Voting Committee, Atlanta Fed President Bostic will speak Wednesday and Thursday.
On Monday (September 27), the U.S. House of Representatives will also hold a final vote on the $3.5 trillion infrastructure budget framework.
But there is a political tug-of-war within the Rep. Democrats, with members still divided on the overall framework and policy details of the package, with both moderate and radical lawmakers saying they are unlikely to reach a deal before next week's House vote.
In terms of data, the United States will release August durable goods orders data on Monday; China will release August industrial enterprise profits for August on Tuesday; the United States will release real GDP data for the second quarter on Thursday; the Euro Area will release September CPI data on Friday, and the United States will release the august core PCE price index.
In other aspects, the Wuzhen Summit of the 2021 World Internet Conference was held from September 26 to 28. It is reported that this year's conference will continue to release the Blue Book, including the "China Internet Development Report 2021" and the "World Internet Development Report 2021" Blue Book.
The 13th China International Aeronautics and Space Expo will be held from September 28 to October 3 at the Guangdong Zhuhai International Airshow Center. Hosted by the Civil Aviation Administration of China, the State Administration of Science, Technology and Industry for National Defense, the China National Space Administration, and the Guangdong Provincial Government, the air show will welcome 700 enterprises from nearly 40 countries and regions online and offline to participate in the exhibition.
<h2>Economic data</h2>
On Monday (September 27), U.S. Durable Goods Orders for August and dallas Fed Business Activity Index for September
On Tuesday (September 28), China's august industrial enterprise profits above designated size, the US September Consultative Conference Consumer Confidence Index, and the US September Richmond Fed Manufacturing Index
On Wednesday (September 29), API crude oil inventories for the week ending September 24, EURE September Industrial Sentiment Index, EUR AREA September Consumer Sentiment Final, EUROZONE September Economic Sentiment Index, US August House Signings Index MoM, AND US EIA Crude Oil Inventories for the Week to September 24
On Thursday (September 30), China's September official PMI, China's September Caixin manufacturing PMI, uk's Q2 GDP, the number of first-time jobless claims in the US for the week ending Sept. 25, the US real GDP for the second quarter, the US core PCE price index for the second quarter, and the US EIA gas inventory for the week until September 24
On Friday (October 1), eurozone september manufacturing PMI, UK September manufacturing pMI, eurozone September CPI, US August core PCE price index, US September Markit manufacturing PMI, US September University of Michigan consumer confidence index, US September ISM manufacturing PMI
<h2>Global central banks</h2>
On Monday (September 27), ECB President Christine Lagarde addressed the European Parliament's Committee on Economic and Monetary Affairs, 2021 FOMC Vote, Chicago Fed President Evans spoke, and FOMC Permanent Vote, New York Fed President Williams spoke
On Tuesday (September 28), FOMC Permanent Vote Committee and New York Fed President Williams spoke on the outlook for the U.S. economy, Federal Reserve Governor Brainard spoke, Bank of England Governor Bailey spoke at the Institute of Professional Economists, Bank of Japan released the minutes of the July 15-16 monetary policy meeting, ECB President Lagarde spoke at the ECB's Central Bank Financial Forum, and 2021 FOMC Voting Committee and Chicago Fed President Evans spoke. Fed Chairman Powell and U.S. Treasury Secretary Janet Yellen attend hearings before the U.S. Senate Committee on Banking, Housing, and Urban Affairs
On Wednesday (September 29), U.S. Treasury Secretary Yellen spoke at the annual meeting of the National Chamber of Commerce and Economics, 2021 FOMC Voting Committee, Atlanta Fed President Bostico spoke on the economic outlook, Bank of England Governor Bailey, Bank of Japan Governor Toshihiko Kuroda, ECB President Lagarde, and Fed Chairman Powell spoke at the ECB Financial Forum panel
On Thursday (September 30), the 2021 FOMC Vote, Atlanta Fed President Bostico spoke, the FOMC Permanent Vote and New York Fed President Williams participated in the discussion of the Fed's RESPONSE to the COVID-19 pandemic, and the 2021 FOMC Vote and Atlanta Fed President Bostico spoke on the economy
On Friday (October 1), the 2021 FOMC Voting Committee and Chicago Fed Chairman Evans attended an online event, and the Bank of Japan released a summary of the opinions of the members of the Monetary Policy Committee for September 21-22
<h2>Hit new opportunities</h2>
There will be 7 new shares issued next week, including 1 on the Shenzhen main board, 3 on the ChiNext board and 3 on the Sci-Tech Board. Zhuhai Guanyu, Baipusais and Kid King were issued on September 28; Tongyizhong and Fujirui were issued on September 29; and Shaoyang Hydraulics and Qingdao Food were issued on September 30.
The cumulative number of these IPO shares issued is about 403 million shares, and the total amount of funds raised is expected to be 9.932 billion yuan.
At the same time, Dongguan Rural Commercial Bank and Chuangsheng Group landed on the Hong Kong Stock Exchange.
<h2>New Fund</h2>
In terms of funds, more than 20 new funds will open for subscription next week.
<h2>Earnings</h2>
Micron Technology will release its earnings report next Tuesday US time.
Micron Technology, one of the world's leading suppliers of advanced semiconductor solutions, has seen micron's share price fall 1.5 percent so far this year.
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