The central bank will announce financial

[shapanwwuom]

At present, there is no clear judgment on the impact of Trump's coming to power on inflation. The market is currently discussing whether Trump will be forced to soften his attitude on issues such as tariff policies due to inflationary pressure and the current high interest rate situation. If this is the case, it may rekindle the market's enthusiasm for interest rate cuts (because the market is already full of pessimistic expectations).

As for the U.S. stock market, in addition to this consolation, the fourth quarter earnings season for U.S. stocks will officially kick off this week. Bank stocks such as JPMorgan Chase, Citigroup, Goldman Sachs, and Bank of America will be the first to release their results, and TSMC will also release its financial report.

If the performance of these leading giants can exceed market band data expectations, it may ease the decline of US stocks and bring positive effects to the global market.

Domestically, recent domestic price data have been released. In December, the CPI growth rate remained unchanged from the previous month and increased by 0.1% year-on-year. The core CPI increased by 0.4% year-on-year and 0.2% month-on-month. In December, PPI fell by 0.1% month-on-month and 2.3% year-on-year. With the release of GDP this week, it will be confirmed whether last year's GDP growth rate reached 5%.

From the 13th to the 15th of this week, data such as December social financing and new RMB loans at irregular intervals. In addition, data such as the year-on-year growth rate of total retail sales of consumer goods in December and the year-on-year growth rate of industrial added value above designated size in December will also be released soon.

More importantly, this Friday, China's GDP data for 2024 will be released, and the State Council Information Office will hold several press conferences this week, which may have an important impact on the trends of A-shares and Hong Kong stocks.