Breaking news on 10/16: Selling off semiconductors following ASML earnings!? Is Elon Musk considering selling bitcoin?
☆Economic Indicators
Japan
No major economic indicators
The USA has ordered the dispatch of dozens of troops to Cyprus in preparation for scenarios such as evacuating Americans from Lebanon. The State Department announced on Tuesday that they are increasing flights from Lebanon and working with airlines to add more seats for American passengers.
Bitcoin (ETF flow)
☆Remarks by officials
Daily, 16th 00:33, San Francisco Federal Reserve Bank President
"Risks to employment and inflation are now more balanced" "Monetary policy remains restrictive and is focused on controlling inflation"
"The Federal Reserve Bank must achieve 2% inflation while maintaining full employment" "There is still sufficient possibility for the continuation of economic expansion"
"The labor market is cooling down and is almost back to normal." "The economy is clearly doing well, with inflation significantly easing."
"Optimistic about growth while remaining cautious." "The Federal Reserve has managed to suppress inflation without major disruptions."
"The neutral interest rate is higher than before." "If the forecast holds, there is a high likelihood of one or two rate cuts by the end of the year."
☆その他
Japan
Japanese stocks are headed for a fall, with semiconductor sell-offs following ASML's financial results - weighing down despite the easing of the yen.
On the 16th, the Tokyo stock market is expected to decline. Disappointing earnings announced by ASML Holdings of the Netherlands are likely to lead to selling pressure on semiconductor-related stocks in the domestic market. The yen depreciation in the currency market is easing, which is a burden on export-related stocks.
The USA has ordered the dispatch of dozens of troops to Cyprus in preparation for scenarios such as evacuating Americans from Lebanon. The State Department announced on Tuesday that they are increasing flights from Lebanon and working with airlines to add more seats for American passengers.
US Intel and AMD form a group to ensure the reliable operation of semiconductor software
Major U.S. semiconductor companies Intel (INTC.O) and AMD (AMD.O) announced on the 15th that they will form an "advisory group" to ensure that software runs on their semiconductor systems. This move is aimed at competing against the British rival Arm Holdings (ARM.O).
Bitcoin
Elon Musk, the founder of Tesla, is considering selling Bitcoin. According to reports, Tesla has moved over 110 billion yen worth of BTC.
Tesla, the electric car manufacturer led by Elon Musk, holds a large amount of Bitcoin. According to on-chain data, Tesla sent all of its held Bitcoins (BTC), worth 70.6 billion dollars (approximately 114 billion yen, calculated at 150 yen to the dollar), to an unconfirmed wallet. This has raised the possibility that the company is increasingly likely to sell its Bitcoin.
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