GoldenOctober2024

Jin10 data reported on July 17th that one of the candidates for the next chair of the Federal Reserve, Kevin Warsh, stated that the independence of the Fed is "crucial." In an interview with CNBC, Warsh said, "History tells us that independent action in the execution of monetary policy is essential, but this does not mean that the Fed has independence in all other matters." Warsh adhered to a hawkish interest rate policy aimed at addressing inflation risks during his tenure as a member of the Federal Reserve Board of Governors from 2006 to 2011; however, this year he advocated for interest rate cuts, a stance that aligns with U.S. President Trump. Trump is considering who to nominate to succeed Powell after his term ends in May (next year).

Jin10 reported on July 17 that Guoji Precision Engineering stated in response to investor inquiries on the interactive platform that the estimated value of a bearing used in a reusable rocket is several million yuan, while the value of a bearing used in a satellite ranges from hundreds of thousands to over a million yuan. The above data is a very rough estimate and may differ significantly from the actual situation, so it is still recommended to consult authoritative research reports.

JPMorgan analyst Ilan Benhamou pointed out that the view that the Fed is not influenced by political pressure is a "myth," and he expects that interest rate cuts will drive the U.S. stock market to pump. He advises investors to continue to go long on the S&P 500 and the Volatility Index, due to the attractiveness of risk assets such as Crypto Assets and artificial intelligence, as well as market uncertainty.

Jin10 reported on July 17 that the confidence index of the Canadian Federation of Independent Businesses rose to 50.9 in July. The index had fallen to a historic low of 25.5 in March due to increased uncertainty related to tariffs, but it has now shown a significant rebound, indicating that most business owners expect sales to rise over the next 12 months. Overall, the report suggests that small businesses believe the worst period related to tariff-induced uncertainty may be behind them.

Carsten Brzeski from ING pointed out that the strengthening of the euro and tariff turmoil are affecting the economy, and the European Central Bank may not be able to remain stagnant with its current policies. Although the interest rate has been lowered to 2%, the appreciation of the euro and potential tariff threats have increased economic uncertainty, and the central bank is expected to maintain its current policies at the policy meeting.

Jin10 data reports on July 17 that James Smith from ING stated in a report that although the UK labor market is undoubtedly cooling, the latest data shows that the situation has not deteriorated in a snowballing manner as is common during recessions. He believes this alleviates the pressure on the Bank of England to accelerate interest rate cuts. That said, Smith pointed out that the payroll numbers have been in a declining state for 7 out of the past 8 months. He still expects the Bank of England to cut interest rates in August and November.

Jin10 data reported on July 17 that Tongguan Copper Foil announced the investor relations activity record form, stating that HVLP copper foil, which stands for ultra-low profile copper foil, has an extremely low surface roughness, excellent signal transmission performance, low loss characteristics, and extremely high stability. It is a specialized core material for ultra-low loss high-frequency high-speed circuit boards and can be widely used in 5G communication and AI fields. Currently, this product has successfully entered the supply chain of multiple leading CCL manufacturers, with full orders. The company has production capabilities for 1st to 4th generation HVLP copper foil, primarily focusing on the shipment of 2nd generation products.

Jin10 data reported on July 17 that Jiugang Hongxing announced that the company has completed its share repurchase. The total number of shares repurchased is 69.9916 million shares, accounting for 1.117% of the total share capital, with a total repurchase amount of 100 million yuan and a repurchase price range of 1.37 yuan/share to 1.57 yuan/share. The total amount of funds for this repurchase is between 100 million yuan and 200 million yuan, and the repurchased shares are intended to maintain the company's value and shareholders' rights.

Jin10 data reported on July 17th, Shen Technology announced in its investor relations activity record that the company's storage semiconductor zone is advancing its expansion plan to meet the needs of major customers, with order volume in the second quarter increasing compared to the first quarter; the company charges processing fees in the packaging and testing stage, and the fluctuation of processing fees is relatively limited compared to the fluctuation of end product prices.

Jin10 Data reported on July 17 that Goldman Sachs stated that the main driving force behind the recovery of the Hong Kong IPO market is the strong market rebound, which has rekindled companies' willingness to finance. At the same time, the Hong Kong Stock Exchange's adoption of more relaxed listing rules has further encouraged new stock listings. For domestic enterprises, favorable regulatory support, demand for overseas funds, and the appeal of "going out" have all played an incentive role. Meanwhile, the return of Chinese concept stocks to Hong Kong can alleviate potential delisting risks while attracting southbound capital purchases.

Jin10 reported on July 17 that Ren Hongbin, the president of the China Council for the Promotion of International Trade, revealed in an interview that Jen-Hsun Huang, the founder and CEO of NVIDIA, expressed his intention to continue participating in the 2026 Chain Expo. He had a "very successful" communication with Jen-Hsun Huang on the eve of the exhibition. Jen-Hsun Huang highly agrees with the philosophy behind the Chain Expo, which promotes global Supply Chain cooperation, and thus decided to continue exhibiting next year.

Jin10 data July 17th, InTouch Capital Markets market strategist Sean Callow stated that any move by the Trump administration to dismiss Fed Chairman Powell could severely impact the dollar. Such a move could lower short-term yields due to market expectations of appointing a more dovish chairman, while increasing the risk and inflation premium of long-term U.S. Treasury bonds. Currently, there is no historical data available to assess the forex market's reaction, but he added that in the long run, the dollar index DX could easily fall by more than 5%.

Jin10 data July 17 news, streaming giant Netflix (NFLX.O) will announce its earnings report later Thursday, becoming the focus of investors. Pepperstone research director Chris Weston stated that Netflix's performance this year has significantly outperformed the S&P 500 index by 33 percentage points, and the market fully recognizes its bullish investment viewpoint. Therefore, Netflix needs to exceed expectations with its earnings report and guidance to impress the market.

Due to the development of artificial intelligence, the price of ruthenium has doubled in the past year, reaching $800 per ounce. Its demand has risen due to the increase in data storage, while the supply of ruthenium is limited, with only 30 tons produced last year.

On July 17, Jin10 Data reported that at the third Chain Expo, Jen-Hsun Huang stated that silicon-based technology remains the foundation of current artificial intelligence development. However, in the next twenty years, the industry will strive for breakthroughs in multiple dimensions, relying on chip combinations and architectural innovations to continue its evolutionary momentum, with an expected technological exploration period of five to ten years.

Jin10 data reported on July 17 that the French Public Health Agency published a bulletin on the 16th stating that from May 1 to July 15 of this year, France has confirmed 12 local transmission events of chikungunya, with a total of 30 reported cases. Additionally, one case of locally transmitted dengue fever has also been discovered. The bulletin indicated that these mosquito-borne diseases have affected several previously high-risk southern regions and have also spread for the first time to the Grand Est region and the new Aquitaine region in the southwest. Data shows that the risk of these viruses spreading locally in France is very high, and more cases may be discovered in the future.

Trump stated in an interview that the trade agreement between the United States and India is close to being finalized, and an agreement with the European Union may also be achieved, but the prospects with Canada remain uncertain. He praised the shift in the EU's stance, believing that the upcoming agreement will be different from those in the past.

Jin10 Data reported on July 17 that in the morning of July 17, Fourth Paradigm announced on the Hong Kong Stock Exchange that on July 17, 2025 (before the trading session of the Stock Exchange), the company entered into a subscription agreement with the subscribers, under which the subscribers conditionally agreed to subscribe, and the company conditionally agreed to allocate and issue a total of 25,900,000 subscription shares, with a subscription price of HK$50.50 per share, for a total consideration of approximately HK$1,307,950,000.

Fed's Williams stated on July 17 that he does not support a rate cut before the FOMC meeting, believing that tariffs may increase inflation. He mentioned that the cost of consumer goods has risen due to trade barriers and expects prices to continue to rise in the future, deeming it appropriate to maintain a moderately restrictive monetary policy.

Jin10 data reported on July 17 that not long ago, Israel launched an airstrike on the Mezzeh airbase near the Syrian capital Damascus. According to Syrian media reports, Israeli fighter jets flew over the capital of Syria. As of now, the Israel Defense Forces have not responded to this.