Market Summary 8th Jan 2024

Today's trading session was excellent. Following a challenging start to the year, we saw buying activity pick up exactly where we had hoped. A few key factors contributed to today's market movement. First, consumer inflation expectations were lower than anticipated, coming in at 3% instead of 3.3%. This matters a lot since the Federal Reserve (FED) wants to keep these expectations in check. Additionally, a FED official, Bostic, pointed out that inflation is decreasing quicker than expected. Another boost came from $NVIDIA (NVDA.US)$, a major tech company, whose stock price significantly increased, positively impacting the overall market.

US heat list: $Tesla (TSLA.US)$ $Boeing (BA.US)$ $Apple (AAPL.US)$ $Advanced Micro Devices (AMD.US)$ $Palantir (PLTR.US)$ $MARA Holdings (MARA.US)$ $Coinbase (COIN.US)$ $BABA (03012.MY)$ $NIO Inc (NIO.US)$ $ZIM Integrated Shipping (ZIM.US)$