This week's key events and data preview: US PCE, India's tariffs take effect, Alibaba, Nvidia, and other earnings reports
2025-08-25 07:14:41

1. Monday: ① Data: Germany's August IFO Business Climate Index; US July New Home Sales Annualized, August Dallas Fed Business Activity Index. ② Event: London Stock Exchange closed for the summer bank holiday. ③ Financial reports: Haidilao and Pinduoduo. ④ The People's Bank of China conducts 600 billion yuan in MLF operations. 2. Tuesday: ① Data: US July durable goods orders monthly rate, June FHFA house price index monthly rate, S&P/CS 20-city house price index annual rate, August Conference Board consumer confidence index, Richmond Fed manufacturing index. ② Events: A new round of domestic refined oil price adjustments will begin; 300 billion yuan in one-year MLF and 580.3 billion yuan in 7-day reverse repos will mature; Dallas Fed President Logan and New York Fed President Williams delivered speeches at the Banco de Mexico's 100th anniversary conference; the Reserve Bank of Australia releases its meeting minutes. ③ Financial reports: Ping An Insurance, Nongfu Spring, PetroChina, China Resources Land, Fosun Pharma, and Beike. 3. Wednesday: ① Data: Australia's July weighted CPI annualized rate; Germany's September GfK consumer confidence index; Switzerland's August ZEW investor confidence index; UK's August CBI retail sales difference; US API and EIA weekly crude oil inventory reports. ② Event: India's National Stock Exchange closed for one day for Ganesha festival. ③ Financial reports: China Life, Meituan, China Life Insurance Group, CNOOC, Fosun International, Anta Sports, Nvidia. 4. Thursday: ① Data: Eurozone August industrial and economic sentiment index; Canada's second-quarter current account; US initial jobless claims, revised second-quarter real GDP annualized rate, July existing home sales index monthly rate, EIA natural gas inventories. ② Event: Federal Reserve Chairman Barkin's speech; ECB's July meeting minutes. ③ Financial reports: ZTE, China Southern Airlines, COSCO Shipping Holdings, Li Auto. ④ The US's additional 25% tariff on India takes effect, bringing the total tariff to 50%. 5. Friday: ① Data: Japan's July unemployment rate; preliminary monthly CPI figures for France and Germany for August, final annualized GDP figures for France's second quarter; Switzerland's August KOF leading economic indicator; Germany's August seasonally adjusted unemployment report; Canada's June GDP; US July core PCE price index monthly and annualized rates, July personal spending monthly rate, August Chicago PMI, final August University of Michigan consumer confidence index, final August one-year inflation forecasts. ② Event: Federal Reserve Board Governor Waller's speech on monetary policy. ③ Financial reports: Alibaba, BYD, Country Garden, CICC, ICBC, Bank of China, Bank of Communications, Agricultural Bank of China, China Construction Bank, China Merchants Bank, and GAC Group. ④ The US ends tariff reductions on low-value imports. 6. Saturday: ① Data: US oil rig count for the week ending August 29. 7. Sunday: ① Data: China's official manufacturing PMI for August. ② Event: The Shanghai Cooperation Organization Tianjin Summit.
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