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Germany June manufacturing PMI (final) 50.3, expected 50.0, prior 50.0.

2026-07-01

Germany June manufacturing PMI (final) 50.3, expected 50.0, prior 50.0.

Other News
2026-07-01

In a mid-2026 investor letter, Gao Yuncheng, managing partner and CEO of Jinglin Asset Management, said the firm’s core holdings are concentrated in semiconductors and AI infrastructure as it repositions for AI-driven industry change and global suppl

In a mid-2026 investor letter, Gao Yuncheng, managing partner and CEO of Jinglin Asset Management, said the firm’s core holdings are concentrated in semiconductors and AI infrastructure as it repositions for AI-driven industry change and global supply-chain realignment. Gao wrote that the deepest market shift over the past six months is not index moves but “intelligence being mass-produced by machines.” He described AI as a new industrial revolution in which energy, broad semiconductor systems, large AI models, data centers and the application layer form a new “intelligent production system.” Gao said valuation frameworks for platform companies based on users, traffic, ad revenue and margins need reassessment; investors should instead prioritize compute efficiency, model capability, data closed loops, AI monetization and CAPEX returns.
2026-07-01

ECB Governing Council member Nagel said inflation will remain above target in 2027.

ECB Governing Council member Nagel said inflation will remain above target in 2027.
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