Fundamental news (SOXL, economic indicators).

On the 17th, US financial giant BlackRock and IT giant Microsoft announced the establishment of a fund of over 300 billion dollars to build AI data centers and energy infrastructure. The fund's general partner is MGX, an investment company from Abu Dhabi, United Arab Emirates. NVIDIA, which manufactures AI semiconductors, will provide specialized knowledge.

Nvidia(NVDA) has announced a new AI contract with Salesforce(CRM). They will jointly develop interactive avatars that can support tasks such as adjusting travel and transportation routes based on live weather data, similar to crisis management events. Salesforce plans to deploy the 'Agent Force', worth billions of dollars, over the next few years.

The Federal Reserve Board (FRB), which serves as the central bank of the United States, announced a 0.5 percentage point interest rate cut on the 18th. This policy rate cut, the first in 4 and a half years, is larger than usual. As a result, the target range for US policy interest rates is 4.75-5%.

The dollar-yen is reluctant to decline. Despite reaching a daily low of 140.45 yen in response to a substantial interest rate cut by the US Federal Reserve Board (FRB), the dollar was bought back after FRB Chairman Powell stated in a post-Federal Open Market Committee (FOMC) press conference that 'there is no indication that the FRB is in a hurry' and 'if appropriate, the speed of rate cuts could be accelerated, delayed, or temporarily paused'. He also said, 'The 0.50% rate cut is a sign of determination not to fall behind, and it should not be seen as a new pace,' causing the dollar to regain strength and rise to around 141.45 yen.