English
Back
Download
Log in to access Online Inquiry
Back to the Top

Morning news: Arm may be able to set the IPO price above the upper limit of the tentative conditions. U.S. Treasury Secretary Yellen has a very positive outlook on a soft landing.

avatar
moomooニュース米国株 wrote a column · Sep 11, 2023 07:14
Morning news: Arm may be able to set the IPO price above the upper limit of the tentative conditions. U.S. Treasury Secretary Yellen has a very positive outlook...
Good morning to all moomoo users!Here are the key points for this morning's report.
Tokyo stock market forecast range: ¥0.03 million2500-¥0.03 million2800 (closing price on the 8th of the previous week was ¥0.03 million2606.84)
Arm has a good chance of setting the IPO price above the upper limit - report
U.S. Treasury Secretary Yellen has a very positive outlook on a soft landing.
Market cautious about the possibility of ECB rate hikes, suggests a slowdown in U.S. CPI
The yen rose 0.8% against the dollar, strengthening to the 146 yen level as speculation of the Bank of Japan's policy normalization increases.
Meta's Threads still unusable within the EU, with ongoing battles over regulations.
Countries showing understanding one after another about the disposal of nuclear power plant water, with criticism from the Chinese Prime Minister.
NTT Data speculated on the reorganization with DoCoMo, while rival forces are on edge.
moomoo news Kathy
Market Overview
In the U.S. stock market on the 8th, the Dow Jones Industrial Average continued to rise by $75.86, or 0.034576 million dollars59 cents from the previous trading day. The Nasdaq Composite Index was up by 12.694 points, or 0.013761.526 million. In the Tokyo stock market on the 11th, the Nikkei Stock Average is likely to show a strong price movement even amid conflicting views of strengths and weaknesses, and is expected to rebound after 3 days.
Top news
There is a good chance that Arm can set the IPO price above the upper limit of the indicative price - reports.
$SoftBank Group (9984.JP)$Arm, the British semiconductor design company under its umbrella, is likely to set the initial public offering (IPO) price above the upper limit of $47-51 per share, according to Reuters, citing anonymous sources familiar with the situation.

US Treasury Secretary Yellen has a "very good feeling" about the soft landing forecast.
On the 10th, US Treasury Secretary Yellen stated that she is increasingly confident that it is possible to suppress inflation without causing a major impact on the job market, welcoming data showing steady inflation deceleration and an increase in job seekers.

Market cautious about the possibility of ECB rate hikes, hints of US CPI slowing down.
Policy officials of the European Central Bank (ECB) will discuss a 0.25-point rate hike at the policy meeting on the 14th. The decision could swing in either direction.
Yen rises 0.8% against the dollar, approaching the high 146 yen range on speculations of BOJ policy normalization.
In the early foreign exchange market on the 11th, the yen exchange rate is hovering around 146 yen per dollar, higher than the end of the previous week. Amid increasing speculation on the normalization of BOJ policy following an interview with BOJ Governor Kuroda Utida reported over the weekend, yen buying took the lead.
Meta's Threads, still unusable within the EU, the battle of regulation continues.
The number of users of the short post service 'Threads' has decreased by 80% from the peak in the first 2 months. The operation of the US, $Meta Platforms (META.US)$is struggling to respond to digital regulations, and one of the reasons is that it still cannot distribute the app within the European Union (EU).
Countries showing understanding about nuclear treated water are increasing, criticism from Chinese Prime Minister.
Prime Minister Fumio Kishida attended a series of international conferences on the 10th. He explained the oceanic release of treated water from the Fukushima Daiichi Nuclear Power Plant to the leaders of various countries he dialogued with. While a number of countries expressed their support and understanding, Chinese Prime Minister Li Qiang criticized the move.
NTT Data, speculations on restructuring with Docomo, rivals are nervously watching.
In July, the company renamed $NTT Data Group (9613.JP)$restructuring speculations have emerged. Although the company denies it, there are speculations that the domestic business may be integrated with NTT Group's information and communication business including NTT Docomo.
foreign exchange
Source: MINKABU, Bloomberg, Wealth Advisor, The Nikkei
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
21
+0
1
See Original
Report
81K Views
Comment
Sign in to post a comment
avatar
moomooニュース米国株
moomoo News Official Account
36KFollowers
2Following
82KVisitors
Follow
Discussing
Trump 2.0 countdown: What's the next big opportunity in the markets?
Trump is gearing up for a return to the political stage, and his "America First" tariff policies, along with his stance on cryptocurrency an Show More