[Morning Report] ECB policy interest rate cut by 0.25%, interest rate cut for the first time in 4 years and 9 months, reports that the US antitrust authorities are preparing to investigate 3 AI-related companies such as NVIDIA
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Good morning to all moomoo users!
Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,400 yen - 38,800 yen (6-day closing price 38,703 yen 51 sen)
● ECB policy interest rate cut by 0.25%, first rate cut in 4 years and 9 months
● Reports that the US antitrust authorities are preparing investigations against 3 AI-related companies such as NVIDIA
● Federal Reserve to announce bank stress test results on 26th
● Will the US DocuSign electronic signature exceed expectations for the February-April fiscal year
● It is reported that Hertz Global is rapidly falling and considering issuing secured debt and convertible bonds of 700 million dollars or more
● Meme stock creator reveals screenshots of shares held by Game Stop
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 38,400 yen - 38,800 yen (6-day closing price 38,703 yen 51 sen)
● ECB policy interest rate cut by 0.25%, first rate cut in 4 years and 9 months
● Reports that the US antitrust authorities are preparing investigations against 3 AI-related companies such as NVIDIA
● Federal Reserve to announce bank stress test results on 26th
● Will the US DocuSign electronic signature exceed expectations for the February-April fiscal year
● It is reported that Hertz Global is rapidly falling and considering issuing secured debt and convertible bonds of 700 million dollars or more
● Meme stock creator reveals screenshots of shares held by Game Stop
— MooMoo News Kathy
Market Overview
In the US stock market on the 6th, the NY Dow Jones Industrial Average continued to rise for 3 days to 38,886 dollars 17 cents, 78 dollars 84 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 14.784 points to 17173.121. In the Tokyo stock market on the 7th, the Nikkei Average had a heavy upward trend amid strong and weak views, and it seems that it will move at a level below the previous day's closing price.
In the US stock market on the 6th, the NY Dow Jones Industrial Average continued to rise for 3 days to 38,886 dollars 17 cents, 78 dollars 84 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 14.784 points to 17173.121. In the Tokyo stock market on the 7th, the Nikkei Average had a heavy upward trend amid strong and weak views, and it seems that it will move at a level below the previous day's closing price.
Top news
ECB policy interest rate cut by 0.25%, first rate cut in 4 years and 9 months
The European Central Bank (ECB) decided to cut the main policy interest rate by 0.25 points to 4.25%, as expected at the regular board meeting. Interest rate cut for the first time in 4 years and 9 months. Interest rates were cut as expected, but the price forecast for next year was raised above the target value, and furthermore, “no policy trajectory was promised in advance,” and the future course of interest rate cuts was not clarified. The view that hawkish interest rates were cut spread, and German federal bonds fell. Euro buybacks have accelerated.
ECB policy interest rate cut by 0.25%, first rate cut in 4 years and 9 months
The European Central Bank (ECB) decided to cut the main policy interest rate by 0.25 points to 4.25%, as expected at the regular board meeting. Interest rate cut for the first time in 4 years and 9 months. Interest rates were cut as expected, but the price forecast for next year was raised above the target value, and furthermore, “no policy trajectory was promised in advance,” and the future course of interest rate cuts was not clarified. The view that hawkish interest rates were cut spread, and German federal bonds fell. Euro buybacks have accelerated.
Reports that the US antitrust authorities are preparing investigations against 3 AI-related companies such as NVIDIA
US newspapers and others have reported that the US Department of Justice and the US Federal Trade Commission (FTC) are preparing to investigate conflicts with antitrust laws (antitrust laws) against the three companies that handle artificial intelligence (AI), NVIDIA, Microsoft, and Open AI. There is a history where the US antitrust authorities have gone through investigations against Google, Apple, etc. until now and even filed a lawsuit.
Related articles:NVIDIA surpasses 3 trillion dollars in total market value! Late suppliers have surged by 5% or more, is there still room for growth?!
US newspapers and others have reported that the US Department of Justice and the US Federal Trade Commission (FTC) are preparing to investigate conflicts with antitrust laws (antitrust laws) against the three companies that handle artificial intelligence (AI), NVIDIA, Microsoft, and Open AI. There is a history where the US antitrust authorities have gone through investigations against Google, Apple, etc. until now and even filed a lawsuit.
Related articles:NVIDIA surpasses 3 trillion dollars in total market value! Late suppliers have surged by 5% or more, is there still room for growth?!
Federal Reserve to announce bank stress test results on 26th
The US Federal Reserve (Fed) will announce the results of the annual bank stress test (soundness review) at 4:30 p.m. on the 26th US Eastern Time (5:30 a.m. on the 27th Japan time).
The US Federal Reserve (Fed) will announce the results of the annual bank stress test (soundness review) at 4:30 p.m. on the 26th US Eastern Time (5:30 a.m. on the 27th Japan time).
Will the US DocuSign electronic signature exceed expectations for the February-April fiscal year
The financial results for the fiscal year ending 2-4 months (1st quarter) announced by US DocuSign, which handles electronic signature services, exceeded market expectations. As we continue to pursue reforms, it has continued to be proven that the company is stabilizing.
The financial results for the fiscal year ending 2-4 months (1st quarter) announced by US DocuSign, which handles electronic signature services, exceeded market expectations. As we continue to pursue reforms, it has continued to be proven that the company is stabilizing.
Hertz Global is rapidly falling, and it is reported that it is considering issuing secured debt and convertible bonds of 700 million dollars or more
Hertz Global, a rental car company, has been rapidly declining since 3:00 a.m. in Japan time. It was reported that the company is considering selling secured debts of 700 million dollars or more and convertible corporate bonds in order to strengthen the balance sheet damaged by the electric vehicle (EV) blunder. Bloomberg told it as a story of the people involved.
Hertz Global, a rental car company, has been rapidly declining since 3:00 a.m. in Japan time. It was reported that the company is considering selling secured debts of 700 million dollars or more and convertible corporate bonds in order to strengthen the balance sheet damaged by the electric vehicle (EV) blunder. Bloomberg told it as a story of the people involved.
Meme stock creator reveals screenshots of shares held by Game Stop
After the end of normal trading on the US stock market on the 6th, Keith Gill, who is said to be the initiator of meme stocks (hayari stocks), released a screenshot of his latest portfolio.
After the end of normal trading on the US stock market on the 6th, Keith Gill, who is said to be the initiator of meme stocks (hayari stocks), released a screenshot of his latest portfolio.
Tokyo Stock Exchange Rate Forecast
Is the stock market forecast for the 7th = a heavy increase, wait and see before US employment statistics are announced
Is the stock market forecast for the 7th = a heavy increase, wait and see before US employment statistics are announced
Foreign substitutes
Key Market Events
![[Morning Report] ECB policy interest rate cut by 0.25%, interest rate cut for the first time in 4 years and 9 months, reports that the US antitrust authorities ...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240607/f8456df32fb1bd75d201646b53d338be.jpg/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Fisco, Bloomberg, Welshadvisor, Moomoo
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