Chinese assets have experienced a significant increase.

On the evening of March 17, Beijing time, US stocks opened slightly lower and then rose. As of 22:58, the data showed that the Nasdaq China Dragon Index rose 2.8%, Niu Technologies rose more than 19%, Baidu rose more than 5.9%, Alibaba rose more than 3.7%, and JD rose more than 2%.

The latest data from the US Commerce Department showed that retail sales in February rose 0.2% month-on-month, lower than the average expectation of 0.6%.

According to the schedule, the Federal Reserve will announce its March interest rate decision and the latest interest rate dot plot at 2:00 am Beijing time on March 20 (Thursday), and Fed Chairman Powell will hold a press conference half an hour after the decision is announced.

At present, the market generally expects the Fed to keep the interest rate unchanged at that time, and investors hope to find policy signals for the Fed's next rate cut from this meeting.

Nvidia CEO Jensen Huang will give a keynote speech at the GTC conference on Tuesday, and investors are generally concerned about the latest progress of the company's Blackwell product line and its views on gross margin, the Chinese market, competitors and growth prospects. Nvidia's stock price has fallen more than 12% since the beginning of this year, and has recently rebounded. Investors hope that Huang's keynote speech at the GTC conference on Tuesday will bring enough optimism to maintain the recent rebound of the stock.

Nvidia is expected to announce details of its Vera Rubin chip system at the conference, which is expected to start mass production later this year.