Next Week Brings the Market's Most-Watched Economic Data, Central Bank Signals, and Earnings All at Once

Global markets enter a "central bank week + AI earnings week": The Jackson Hole central bank symposium convenes, with Warsh slated to speak; U.S. Treasury Secretary Bessent is expected to unveil a new round of fiscal consolidation plans and Iran sanctions measures. U.S. July PCE data will also be released. Additionally, Nvidia's Q2 earnings report arrives, testing the AI capital expenditure cycle; domestically, Meituan, PDD Holdings, Bilibili, CXMT, Demingli, and Yuanjie Technology are set to report, with A-shares and Hong Kong stocks hitting the peak of interim reporting season.