This week's major market events: The US stock earnings season is coming to an end, and the Bank of America and Japan announced interest rate decisions one after another

Comparing news, the global market will face a double test of macro and financial reporting this week. According to this week's calendar of major market events, between July 27 and August 2, the Federal Reserve and the Bank of Japan will successively announce interest rate decisions, and technology giants such as Meta, Microsoft, Apple, Amazon, Qualcomm, and ARM will also release financial reports intensively, and market fluctuations may expand further.

At the macro level, at 2 a.m. Beijing time on Thursday, the US FOMC will announce the latest interest rate decision, and then Federal Reserve Chairman Powell will hold a monetary policy press conference at 2:30 a.m. On the same day, the US will also announce the number of jobless claims for the week ending July 25. The market will focus on the Federal Reserve's latest statement on inflation, employment, and the path to cut interest rates during the year. On Friday, the Bank of Japan will announce the interest rate decision. The governor will then hold a press conference. The yen, Japanese bonds, and Asian risk assets may be affected.

In terms of US stock earnings reports, technology leaders entered the centralized disclosure phase this week. On Wednesday, SK Hynix announced financial results for the second quarter, and Seagate Technology held an earnings conference call; on Thursday, Meta, Samsung Electronics, Microsoft, Qualcomm, and ARM will release results or hold earnings calls; and on Friday, Apple, Amazon, and Strategy will disclose financial reports. AI computing power, cloud services, advertising business, consumer electronics demand, and chip cycles will be the focus of market observation.

In terms of the crypto market, there are still multiple tokens unlocked this week. Monday WAL unlocked 38.33 million tokens, BTR unlocked 14.69 million; Tuesday XPL unlocked 297 million and SIGN unlocked 208 million; HYPE unlocked 9.92 million on Wednesday and FF unlocked around 102 million; SUI unlocked around 13.72 million tokens and EIGEN unlocked 38.35 million on Saturday; ZAMA unlocked 280 million tokens and ENA unlocked 111 million on Sunday.