[Morning Report] City's Nikkei Average's high price forecast is 45,000 yen, and Toyota's total market value rises to 2nd place in Asia, surpassing Samsung for the first time in 7 and a half years

Top news
The FOMC's next move is if the US economy accelerates again even if interest rates are raised - Societe G
French Société Générale pointed out that if the US economy accelerates again, the next move by the financial authorities could be interest rate hikes rather than interest rate cuts. The view was expressed that there is a possibility that the dollar will be boosted if that happens.
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In the United States, as of the end of 2023, there were about 20 banks holding commercial real estate loan claims to a level where regulators thought strengthened surveillance might be necessary. It shows that there is a possibility that the number of banks forced by the authorities to accumulate reserves will increase further.
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US Economic Index
New US unemployment insurance claims fall to 212,000, low level for the first time in a month
US manufacturing production is negative for the first time in 3 months in January - automobiles, machinery, etc. fall
US NAHB housing market index at a high level for the first time in 6 months - positive effects of falling interest rates continue
US mortgage interest rates rise to a high level for the first time in 2 months - a deterrent factor for both supply and demand
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The yen rose to the latter half of the 149 yen range against the dollar, and the trend of appreciation of the dollar stopped due to weak US indicators

City raises Nikkei average high price forecast to 45,000 yen - Bank of Japan maintains mitigation
Citigroup Securities raised the 2024 high price forecast for the Nikkei Stock Average from 39,000 yen to 45,000 yen because the US economy and stock market continued to be strong, and the possibility that the Bank of Japan would maintain an accommodative monetary policy increased.
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Nikkei average 38,000 yen evaluation of ability to earn money overseas, “divergence” with GDP
Listed companies had the highest profit for 3 consecutive terms, ending the fiscal year ending 24/3, with an increase of 3 trillion yen

Be wary of rising volatility even if long-term interest rates exceed 1% before and after negative interest rates are lifted
As the cancellation period of negative interest rates by the Bank of Japan approaches, price movements of Japanese government bonds become rough, and market participants are wary of the possibility that long-term interest rates held in the 0.7% range will rise to a level exceeding 1% at once.

Toyota's market capitalization rises to 2nd place in Asia, surpassing Samsung for the first time in 7 and a half years
$Toyota Motor (7203.JP)$The total market value of surpassed South Korea's Samsung Electronics, and it rose to second place as an Asian company after Taiwan Integrated Circuit Manufacturing (TSMC). The closing price of Toyota stock on the 15th was 3382 yen, 0.1% lower than the previous day, and Samsung stock closed 1.4% lower than the previous day in the Korean market. The total market value of Toyota was 55 trillion 177.2 billion yen, which surpassed Samsung (54 trillion 911.6 billion yen) by nearly 270 billion yen.

Open AI develops realistic video generation AI
The US startup Open AI has announced a new technology to generate high-quality videos from text depictions by making full use of artificial intelligence (AI). The name of the new system is “Sora (Sora),” and it uses AI to generate extremely realistic videos based on inputted prompts (instructions).
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It was sold to Alphabet shares, and it was reported that Open AI was developing a search service

A sharp rise in Applied Materials stocks suggests recovery in the semiconductor industry due to a bullish outlook
The largest semiconductor manufacturing equipment manufacturer in the US, $Applied Materials (AMAT.US)$The stock price of increased rapidly due to overtime trading after the end of regular trading on the 15th. A bullish outlook on sales for this quarter was shown, and it was suggested that some major semiconductor manufacturers are increasing their investment in new production.

Soundhound AI grows rapidly by 44% NVIDIA's investment revealed
Work on voice AI $SoundHound AI (SOUN.US)$There was a sharp increase of 44%. It became clear that $NVDA.US (NVDA.US) $ has invested in the company. $NVIDIA (NVDA.US)$Is English $Arm Holdings (ARM.US)$, bio's $Recursion Pharmaceuticals (RXRX.US)$Also invested in. It was revealed in documents submitted to the U.S. Securities and Exchange Commission (SEC).

GM and Panasonic invest in Canadian graphite mining company to manufacture EV battery materials
paddy $General Motors (GM.US)$with $Panasonic Holdings (6752.JP)$It purchased graphite for electric vehicle (EV) batteries from Nouveau Monde Graphite (NMG) in Canada and signed an agreement to invest in the company's project to manufacture high-quality graphite in North America.