Arm(ARM.O)上涨10%。

Bundesbank President Nagel said Germany’s economic recovery is running faster than previously expected and recent data may prompt the Bundesbank to raise its growth forecast next month. He warned the government must continue structural reforms, noting that higher public spending on defence and infrastructure plus a cyclical upswing are supporting expansion but do not resolve underlying structural problems. Nagel flagged inflationary pressure from the Iran conflict and US tariff measures. The government has raised its 2026 GDP growth forecast to 1.3%; Nagel said Germany has regained some cyclical growth momentum.

【中信建投：关注2027年弱美元撬动的港股机会】中信建投证券发布研报称，对全球股市的流动性保持观察；相对而言，更加关注2027年弱美元撬动的港股机会。过去五年全球股市主要定价逻辑在于AI产业链机会。美股、韩股、日股以及中国股市，总体都延续这一逻辑。AI产业趋势是一个重要原因，全球美元潮汐向科技涌入，加持科技股也是非常重要的原因。相较而言，因为科技、强美元、外卖大战、南向资金撤离、企业上市等原因，港股过去几年总体偏承压。如果全球美元潮汐逆流，科技定价暂缓一口气，那么我们可以期待一下美元走弱之后，港股呈现出来的机会。