——Huaying** Professional platform takes you to an overview of the world's blockbuster finance
01 The Fed favors inflation indicators that have not exceeded expectations.
On Thursday, February 29, the latest data from the U.S. Department of Commerce showed that the year-on-year growth rate of the core PCE price index in January, which excludes food and energy, was the Fed's preferred inflation target, fell back to 28%, up from 2 in the previous month9% decreased slightly, in line with market expectations and the smallest increase since March 2021; But month-on-month from 02%** to 04%, in line with the expected 04%, the largest increase since April 2023.
02 The Bank of Japan** sent a strong signal of "interest rate hike": the achievement of the inflation target is in sight.
Expectations of a rate hike by the Bank of Japan are heating up. On Thursday, February 29, Bank of Japan Policy Commissioner Takera Takada sent a strong signal that the case for ending the negative interest rate policy is growing stronger as the central bank's ** target is in sight. Speaking to local business leaders in Shiga Prefecture, Japan, Takada said, "While there is uncertainty in the Japanese economy, I think the goal is finally on track, and while consumers and businesses have entrenched beliefs that wages and inflation will not rise, Japan is now "at a critical juncture in this perception."
03 Bitcoin is approaching all-time highs, and ETFs are going crazy.
On February 28, Bitcoin rose and fell, and the cryptocurrency exchange Coinbase staged a wave of "0 yuan horror" due to downtime. Bitcoin suddenly soared higher in intraday trading overnight, breaking through 6The $40,000 mark, just one step away from an all-time high, then retreated, falling $5,000 within minutes, narrowing the gain from a maximum of 13% to less than 6% at one point. *"Big open, big close" means that many investors "lose all their money". According to Coinglass data, in the past 24 hours, a total of more than 180,000 people have been liquidated, and the total amount of liquidation has reached 7$4.1 billion.
04 India gives the green light to $15.2 billion chip factory.
Recently, many countries have accelerated the layout of the semiconductor industry, and India has given the green light to the $15.2 billion chip factory. India approved the construction of three semiconductor factories by companies such as Tata Group and CG Power, with a total investment of $1., as reported on Thursday26 trillion rupees, or about $15.2 billion. India's Federal Minister of Electronics and Information, Ashwini Vaishnaw, said the factories will start construction in the next 100 days and will produce and package chips for industries such as defense, automotive and telecommunications.
05 The S&P 500 and Nasdaq closed at record highs on Thursday.
The S&P 500 and Nasdaq closed at record highs on Thursday, buoyed by AI-related tech stocks. Thursday was the last trade of February, and the Dow accumulated **221%, NASDAQ **612%, S&P 500**517%。So far, all three major stock indexes have recorded gains for the fourth consecutive month. As of **, the Dow Jones is up 4737 points, an increase of 012% at 3899639 points; The Nasdaq rose 14418 points, an increase of 090% at 1609192 points; The S&P 500 rose 2651 points, an increase of 052% to 509627 o'clock.
06 Hong Kong and U.S. IPOs
Hong Kong stocks:1) According to the disclosure of the Hong Kong Stock Exchange on February 29, Shanghai REFIRE Energy Group Co., Ltd. *** referred to as REFIRE Energy) submitted to the main board of the Hong Kong Stock Exchange, with CICC as its sole sponsor.
2) According to the disclosure of the Hong Kong Stock Exchange on February 29, Shanghai Zhida Technology Development Co., Ltd. (hereinafter referred to as Zhida Technology) submitted to the main board of the Hong Kong Stock Exchange, with Shenwan Hongyuan Hong Kong as its sole sponsor.
Disclaimer The content of this article does not constitute any investment advice and has not been prepared with regard to the specific investment objectives, financial situation and particular needs of any individual investor. Investors should not invest as described herein. The information contained herein is for informational purposes only and should not be construed as an offer or solicitation to buy or sell any product, investment,** trading strategy or financial instrument of any class. Huaying Oriental (Asia) Holdings*** will endeavour to provide accurate information, but does not guarantee the accuracy and reliability of the content of this article, and will not be liable for any loss or damage caused by any inaccuracies or omissions. If there are any comments and ** involved in the article, they can be revised without prior notice. Investment involves risks and investors should fully consider the features of the product, their own investment objectives, the level of risk tolerance and other factors and seek independent financial and professional advice as appropriate before making any investment decision. The Company shall not be liable for any loss suffered by you as a result of the content of this article.