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【Morning Report】With a change in tone by the Federal Reserve Chairman, the bond market expects inflation to remain high due to the emphasis on employment. Amazon plans to invest approximately 150 billion dollars in data centers.

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moomooニュース米国株 wrote a column · Mar 29, 2024 07:17
【Morning Report】With a change in tone by the Federal Reserve Chairman, the bond market expects inflation to remain high due to the emphasis on employment. Amazo...
Good morning to all Moomoo users!Here are the key points of the early morning report today.
●[Tokyo Stock Market Forecast Range] 40,000 yen-404,000,400 yen (Closing price on the 28th, 40,168.07 yen)
●The change in tone of the FRB chairman, expected to stop inflation due to the inclination towards employment in the bond market
●US consumer sentiment, high level since July 2021 - due to stock market rise and inflation slowdown
●The yen is in the 151 yen range against the dollar, with little movement at the end of the fiscal year and European and American holidays - attention on US PCE
●Amazon to invest about 150 billion dollars in data centers - responding to the AI boom
●Lilly's obesity treatment drug is in short supply at Amazon and Rite Aid - rapid increase in demand
Xiaomi's first electric vehicle will be released starting from 4.5 million yen to compete with Tesla.
moomoo news of individual stocks Amelia
Market Overview
In the US stock market on the 28th, the Dow Jones Industrial Average rose by 47.29 cents to 0.03 million9807 dollars and 37 cents compared to the previous trading day. The Nasdaq Composite Index was 20.063 points lower at 0.01 million6379.458. In the Tokyo stock market on the 29th, buybacks are expected to be predominant, focusing on major stocks, and the Nikkei Stock Average is expected to show a strong price movement in the early 40,000 yen range.
Top news
The bond market expects inflation to be held back due to the change in the tone of the Federal Reserve Chairman's emphasis on protecting the job market.
As Federal Reserve Chairman Powell emphasizes the protection of the job market, strategies in the bond market that expect inflation to be held back are gaining momentum.
US consumer sentiment is at its highest level since July 2021, due to the rise in stocks and the slowdown in inflation.
The consumer sentiment index for March (final value) increased by 2.9 points from the preliminary value of 76.5. This is the largest increase in the final value compared to the preliminary value since August 2022.
The yen is trading in the 151 yen range against the dollar, with little movement due to the end of the fiscal year and market holidays in Europe and the United States. This day is the end of the fiscal year, and Europe and the United States are also closed for Good Friday, so there is likely to be little movement centered on position adjustments. On the other hand, the market is paying attention to the U.S. Personal Consumption Expenditures (PCE) Price Index, which will be announced late at night Japan time, and the speech by Powell, the Chairman of the Federal Reserve Board (FRB), and there is also lingering concern about the possibility of a 34-year low and intervention in foreign exchange as market liquidity declines.
In the Tokyo foreign exchange market on the morning of the 29th, the yen exchange rate was in a sideways range from the previous evening, with 1 dollar equal to the 151 yen range in the early half. On this day, it is the end of the fiscal year, and Europe and the United States are closed for Good Friday, so there is likely to be little movement centered on position adjustments. On the other hand, the market is paying attention to the U.S. Personal Consumption Expenditures (PCE) Price Index, which will be announced late at night Japan time, and the speech by Powell, the Chairman of the Federal Reserve Board (FRB), and there is also lingering concern about the possibility of a 34-year low and intervention in foreign exchange as market liquidity declines.
Amazon plans to invest approximately $150 billion in data centers to respond to the AI boom.
Rice $Amazon (AMZN.US)$It plans to invest nearly $150 billion (about 22.71 trillion yen) in data centers over the next 15 years. The company, which dominates the cloud market, wants to be prepared to meet the explosive increase in demand for AI-related and other digital services that is expected.
Lilly's obesity treatment drug is in short supply at Amazon and Rite Aid due to a surge in demand.
The American drugstore chain $Rite Aid (RADCQ.US)$ And, $Amazon (AMZN.US)$Amazon Pharmacy, an online pharmacy, confirmed that it is facing a shortage of the obesity treatment drug 'Zepbound' from a major US pharmaceutical company. $Eli Lilly and Co (LLY.US)$Complaints from patients, pharmacists, and doctors are increasing as Kobayashi Pharmaceutical, which saw a 20% drop in stock prices, will likely experience a significant rebound. In three past cases, the stock rose by 60% within 2 months – 3 important points to watch for the company's response.
Related articles:Xiaomi, the leading smartphone company in China, announced on the 28th that it will release its first electric vehicle (EV) on the same day. The price of the new car starts from 590,000 yuan (about 4.5 million yen) for the standard model, aiming to compete against Tesla in the EV market and become a top player in the future.
And,
Xiaomi aims to compete against tesla in EV and to become a top company in the EV market in the future. $Tesla (TSLA.US)$From an upper? etc, and
foreign exchange
Main Market Events
【Morning Report】With a change in tone by the Federal Reserve Chairman, the bond market expects inflation to remain high due to the emphasis on employment. Amazo...

Source: Dow Jones, MINKABU, Bloomberg, Nikkei, Wealth Adviser
【Morning Report】With a change in tone by the Federal Reserve Chairman, the bond market expects inflation to remain high due to the emphasis on employment. Amazo...
【Morning Report】With a change in tone by the Federal Reserve Chairman, the bond market expects inflation to remain high due to the emphasis on employment. Amazo...
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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