【Morning Report】Did the FRB make a mistake?! Attention on whether to make a significant interest rate cut in September. Discussion of mask's xAI and profit distribution with tesla.
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The range of the Tokyo stock market forecast is ¥530,000-¥600,000 (closing price on the 6th was ¥639,147.47).![]()
Support for a rate cut in September, with the possibility of further significant rate cuts in the future, according to an FRB director.
Support for a rate cut in September, with the possibility of further significant rate cuts in the future, according to an FRB director.
● The market expects that the extent of the US interest rate cut in September will vary in the interest rate futures market.
● The stock market is shaking with persistent concerns that the Federal Reserve has made a mistake.
● Mr. Musk is discussing the distribution of AI and Tesla's profits.
● The Netherlands has expanded the export control rules for some ASML equipment.
- moomoo News Mark
Support for a rate cut in September, with the possibility of further significant rate cuts in the future, according to an FRB director.
Support for a rate cut in September, with the possibility of further significant rate cuts in the future, according to an FRB director.
● The market expects that the extent of the US interest rate cut in September will vary in the interest rate futures market.
● The stock market is shaking with persistent concerns that the Federal Reserve has made a mistake.
● Mr. Musk is discussing the distribution of AI and Tesla's profits.
● The Netherlands has expanded the export control rules for some ASML equipment.
- moomoo News Mark
Market Overview
On the US stock market on the 6th, the Dow Jones Industrial Average fell by $410.34, or 0.04%, to $345.41 million compared to the previous trading day. The Nasdaq Composite Index fell by 436.829 points, or 0.01%, to 6690.832. In the Tokyo stock market on the 9th, selling is expected to accelerate across a wide range, including leading stocks, and the Nikkei Average is expected to significantly fall below the 6,000 yen level.
On the US stock market on the 6th, the Dow Jones Industrial Average fell by $410.34, or 0.04%, to $345.41 million compared to the previous trading day. The Nasdaq Composite Index fell by 436.829 points, or 0.01%, to 6690.832. In the Tokyo stock market on the 9th, selling is expected to accelerate across a wide range, including leading stocks, and the Nikkei Average is expected to significantly fall below the 6,000 yen level.
Top News
[MW] Support for rate cuts in September, with a view to significant rate cuts in the future = FRB board member
Christopher Waller, a member of the Federal Reserve Board (FRB), expressed the view during a speech on the 6th that "The time has come to start lowering rates, but it should be done cautiously." He also pointed out that there may come a time for significant additional rate cuts, but only if the data necessitates such action.
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New York Federal Reserve President Williams is prepared to begin the rate cut process.
[MW] Support for rate cuts in September, with a view to significant rate cuts in the future = FRB board member
Christopher Waller, a member of the Federal Reserve Board (FRB), expressed the view during a speech on the 6th that "The time has come to start lowering rates, but it should be done cautiously." He also pointed out that there may come a time for significant additional rate cuts, but only if the data necessitates such action.
Related Articles
New York Federal Reserve President Williams is prepared to begin the rate cut process.
Forecasts for the extent of the rate cut in September are divided in the interest rate futures market.
Following the release of August employment statistics in the United States, there is a difference of opinion among futures traders regarding whether the Federal Reserve Board (FRB) will proceed with a significant 0.5-point rate cut this month. According to the CME Group's "FedWatch Tool," the probability of a 0.5-point rate cut priced into the interest rate futures market has risen from 40% at the previous day's levels to 51%.
The stock market is shaking with lingering anxiety over the concern that the FRB has made a mistake.
The FRB is preparing for the long-awaited rate cut next week.
The problem is the fear that the monetary easing may have been too slow, but not knowing that. "I think the Fed delayed the rate cut, but if Chairman Powell can avoid a recession, many mistakes may be forgiven. However, it is still unknown whether that is possible at this time," commented Ivan Marchef, an investment strategist at Navellier & Associates.
Attention is now shifting to this week's inflation data, especially the consumer price index for August. This may become the final judgment material. It is an important data, and despite investors having long awaited for a rate cut, significant actions by the Fed could actually cause anxiety.
Following the release of August employment statistics in the United States, there is a difference of opinion among futures traders regarding whether the Federal Reserve Board (FRB) will proceed with a significant 0.5-point rate cut this month. According to the CME Group's "FedWatch Tool," the probability of a 0.5-point rate cut priced into the interest rate futures market has risen from 40% at the previous day's levels to 51%.
The stock market is shaking with lingering anxiety over the concern that the FRB has made a mistake.
The FRB is preparing for the long-awaited rate cut next week.
The problem is the fear that the monetary easing may have been too slow, but not knowing that. "I think the Fed delayed the rate cut, but if Chairman Powell can avoid a recession, many mistakes may be forgiven. However, it is still unknown whether that is possible at this time," commented Ivan Marchef, an investment strategist at Navellier & Associates.
Attention is now shifting to this week's inflation data, especially the consumer price index for August. This may become the final judgment material. It is an important data, and despite investors having long awaited for a rate cut, significant actions by the Fed could actually cause anxiety.
Negotiations for the profit distribution of moomoo's xAI with Tesla
Elon Musk, an American entrepreneur, held discussions about a deal where moomoo's xAI, an artificial intelligence (AI) startup, would provide access to technology and resources to the electric vehicle (EV) leader Tesla in exchange for a portion of Tesla's profits. $Tesla (TSLA.US)$It was revealed that there were discussions about a deal where moomoo's xAI, led by Musk, would provide access to technology and resources to the electric vehicle (EV) leader Tesla in exchange for a portion of Tesla's profits, deepening the ties between the companies further.
Elon Musk, an American entrepreneur, held discussions about a deal where moomoo's xAI, an artificial intelligence (AI) startup, would provide access to technology and resources to the electric vehicle (EV) leader Tesla in exchange for a portion of Tesla's profits. $Tesla (TSLA.US)$It was revealed that there were discussions about a deal where moomoo's xAI, led by Musk, would provide access to technology and resources to the electric vehicle (EV) leader Tesla in exchange for a portion of Tesla's profits, deepening the ties between the companies further.
The Netherlands has announced an expansion of the export control rules for some semiconductor manufacturing equipment exported outside the European Union (EU), requiring approval from the Dutch government when exporting, instead of the US government.
The Netherlands will expand the export control rules for certain semiconductor manufacturing equipment exported outside the European Union (EU), requiring approval from the Dutch government when exporting, instead of the US government. $ASML Holding (ASML.US)$The Dutch government announced that they will expand the export control rules for some semiconductor manufacturing equipment exported outside the European Union (EU), requiring approval from the Dutch government when exporting, instead of the US government.
The Netherlands will expand the export control rules for certain semiconductor manufacturing equipment exported outside the European Union (EU), requiring approval from the Dutch government when exporting, instead of the US government. $ASML Holding (ASML.US)$The Dutch government announced that they will expand the export control rules for some semiconductor manufacturing equipment exported outside the European Union (EU), requiring approval from the Dutch government when exporting, instead of the US government.
The SOX index fell sharply, with Broadcom and Coherent declining.
On the 6th, the Philadelphia Semiconductor Stock Index (SOX) fell sharply. Individually, $Broadcom (AVGO.US)$fell more than 10% significantly. $Coherent (COHR.US)$, Wolf Speed, Allegro Microsystems Inc, ASML Holding, Rambus, Marvel Technology, etc. also declined, leading to a general decline.
On the 6th, the Philadelphia Semiconductor Stock Index (SOX) fell sharply. Individually, $Broadcom (AVGO.US)$fell more than 10% significantly. $Coherent (COHR.US)$, Wolf Speed, Allegro Microsystems Inc, ASML Holding, Rambus, Marvel Technology, etc. also declined, leading to a general decline.
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Sources: Dow Jones, MINKABU, MarketWatch, Wealth Advisor, Fisco
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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