Weekly Market Outlook: August 21st to August 25th

Summary of Financial Events on August 21, 2023:



1. Today, a 7-day reverse repurchase of 3 billion yuan is due.



2. Regular policy briefing by the State Council: Continuously deepening reform and opening up, and effectively optimizing the business environment.



3. Lei Jun, Chairman of Xiaomi Group, held an annual speech with the theme of "Growth".



4. The National Energy Administration releases electricity consumption data for the entire society around the 15th of each month.




Summary of Financial Events on August 22, 2023:



1. Today, there are 400 billion yuan of 1-year medium-term lending facility (MLF) and 6 billion yuan of 7-day reverse repurchase due.



2. The Federal Reserve of Australia released the minutes of its August monetary policy meeting.



3. The National Development Office held a press conference on the operation of the national economy.



4. The Russian Central Bank held an emergency interest rate meeting and announced the interest rate decision.



In 2023, FOMC Voting Committee and Minneapolis Fed Chairman Kashkari delivered a speech.



The Energy Ministers' Meeting of the Asia Pacific Economic Cooperation (APEC) was held until the 16th.




Summary of Financial Events on August 23, 2023:



1. Today, 2 billion yuan of 7-day reverse repurchase has expired.



2. The National Bureau of Statistics released monthly reports on residential sales prices in 70 large and medium-sized cities.



3. The New Zealand Federal Reserve announced its interest rate decision.



4. New Zealand Federal Reserve Chairman Orr held a press conference on monetary policy.



5. Vice Chairman of the New Zealand Federal Reserve, Hoxby, delivered a speech on the economic outlook.




Summary of Financial Events on August 24, 2022:



1. The Federal Reserve releases the minutes of its monetary policy meeting.



2. US President Biden delivered a speech on economic policy.



3. New Zealand Federal Reserve Chairman Orr gave testimony in parliament.



4. The Philippine Central Bank announced its interest rate resolution.



5. The Norwegian central bank announced its interest rate decision.



6. Deputy Governor of the Swedish Central Bank, Bremen, delivered a speech on monetary policy.



7. The Federal Reserve of Australia held a meeting of the Payment System Committee.





Summary of Financial Events on August 25, 2022:



1. The Chief Economist of the European Central Bank, Lian En, delivered a speech.



2. Moody's announced the evaluation results of Switzerland's sovereign credit rating.



3. US President Biden held a trilateral summit with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Seok hyeon.