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On July 6th, Jeff, senior macro strategist at BNY Mellon, pointed out that weaker U.S. labor market data and improved inflation data have reduced the urgency for further tightening by the Federal Reserve, but this does not address whether the slowdown in growth is under control or whether policy expectations have been over-adjusted. He stated, "The global narrative is becoming less unified." In the U.S., the question is whether the Fed can remain patient if inflation risks do not re-emerge; while in Europe, the focus is shifting from emergency inflation management to issues such as economic growth, fiscal credibility, and defense financing.
Jefferies: Lowered its price target for Newmont Mining (NEM.N) from $158 to $146.
On July 6th, according to Qichacha APP, Jiangxi Beiqi Changhe Automobile Co., Ltd. was recently established. The legal representative is Zhu Youfu, and the registered capital is 100 million yuan. Its business scope includes: automobile sales, sales of new energy vehicles, marketing planning, research and development of auto parts, and manufacturing of auto parts and accessories. Qichachas equity penetration analysis shows that the company is wholly owned by Beijing Automotive Group Co., Ltd.
July 6 - Analog Devices (ADI), a major analog chip manufacturer, recently issued another notice to its customers, stating that rising demand has led to tight supply, with lead times for some products reaching up to six months. If customers fail to place orders six months in advance, they may face even longer delivery times in the future.
HSBC raises its target price for UnitedHealth Group (UNH.N) from $300 to $380.