Morning Report | Fed leaves interest rates unchanged and suggests possibility of resumption of interest rate hikes Is the Tokyo Stock Market mixed with buying and selling

Good morning to all Moomoo users!Here are the key points of today's morning report:
● [Tokyo Stock Exchange Forecast Range] 33,300 yen to 33,700 yen
●The Fed leaves interest rates unchanged and suggests 2 more interest rate hikes by the end of the year
● U.S. Health Insurance Stocks Plunge, United Health Executives' Remarks Received - Concerned About Increased Costs
● Expecting a September peak in US policy interest rates, falling behind from July - interest rate swap market
● US PPI forecast 1.1% year-on-year increase in May, 1.5% increase from the same period
● EU warns Google of suspected violation of competition law, over advertising technology

Market Overview
In the US stock market on the 14th, the NY Dow Jones Industrial Average fell 232 dollars 79 cents from the previous business day to 33,979 dollars 33 cents for the first time in 7 days. The Nasdaq Composite Stock Price Index rose 53.156 points to 13,626.477. The Tokyo stock market on the 15th was mixed with buying and selling, starting with the main stock, and there is a possibility that the Nikkei Stock Average will move back and forth near the previous day's closing price.

Top news
Fed leaves interest rates unchanged and suggests 2 more interest rate hikes by the end of the year
The US Federal Reserve (Fed) decided at the Federal Open Market Committee (FOMC) held until the 14th to leave the induction target range for federal funds (FF) interest rates unchanged at 5 to 5.25%. Interest rate hikes were carried out for 10 consecutive meetings until last time, but if the economy and inflation did not slow down further, there was an attitude of moving to resume interest rate hikes at the next meeting in July.

[FOMC Policy Statement] Interest Rate Deferred, Additional Data Determined
Recent indicators show that economic activity continues to expand at a modest pace. Employment growth has been strong in recent months, and the unemployment rate has remained low. Inflation has remained high.

[FOMC] There is likely to be further turbulence in the market - the view of market participants
The U.S. Federal Open Market Committee (FOMC) decided to leave key policy interest rates unchanged at regular meetings held on the 13th and 14th. Interest rate hikes, which had been going on for over a year, were stopped once and for a while. However, a signal was also sent that there is a high possibility that tightening will resume as inflation calms down.

U.S. Health Insurance Stocks Plunge, United Health Executives' Remarks Received - Concerned About Increased Costs
Health insurance stocks plummeted in the US stock market on the 14th. The biggest rice company in the industry $UnitedHealth(UNH.US)$Concerns about cost increases spread in the wake of statements made by executives of

Expecting a September peak in US policy interest rates, falling behind from July - interest rate swap market
The interest rate swap market reflects the view of traders that the US policy interest rate will reach a peak in September. In the past, July was expected to peak.

US PPI forecast 1.1% year-on-year increase in May, 1.5% increase from the same period
The May Wholesale Price Index (PPI, seasonally adjusted) announced by the U.S. Department of Labor on the 14th rose 1.1% from the same month last year, forecasts rose 1.5%, and the previous fiscal year rose 2.3%. It was the lowest level since 2020/12. The decline in gasoline and food prices was successful. It was suggested that there is a possibility that the inflation rate will decline further in the future.

EU warns Google of suspected violation of competition law, over advertising technology
The European Union (EU) is on the 14th, the United States $Alphabet-C(GOOG.US)$ A “statement of objection” was sent to Google, which is under the umbrella of Google, warning that there is a suspicion that it violates the EU Competition Law (Antimonopoly Law). They claim that they are abusing their monopoly position on advertising technology and hampering competition. Google has broken into the core of the profit model, and there is a possibility that businesses with large profit margins will be required to be dismantled.

Tokyo Stock Exchange Forecast
Stock exchange rate forecast for the 15th = mixed buying and selling, or is the NY Dow decline also showing solidity

Key Market Events
Main market events on the 15th

Forex