[Morning Report] Is FOMC receding from the outlook for interest rate cuts by the end of the year? The political party led by the German and French prime ministers lost heavily in the European Parliament election, and political unease is growing

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[Central Bank Check] Japan-US Monetary Policy Meeting Both Pay Attention = US FOMC & Bank of Japan Meeting
Policy interest rates are expected to remain unchanged at the US Federal Open Market Committee (FOMC) on the 11th and 12th. The point is how far the changes in the dot plot showing participants' policy interest rate level forecasts as of the end of the year will progress. The Bank of Japan monetary policy meetings will be held on the 13th and 14th. Policy interest rates are expected to remain unchanged. The focus is on whether there will be a reduction in government bond purchases. There is a situation where views on government bond purchases, which are currently on the scale of 6 trillion yen per month, are quite divided between reduction and deferment.

The reason why Apple was late for the AI arms race — the Annual Developers Conference (WWDC) opens before dawn on the 11th Japan time
At the annual developer conference (WWDC) that opens on the 10th, Apple will participate in an AI arms race that many think will determine the future of technology. The goal is to catch up with rivals that have begun incorporating generative AI into their main products, such as Microsoft and Google, which is under the umbrella of Alphabet.

The political party led by the German and French prime ministers lost heavily in the European Parliament election, and political unease in Europe is growing
In the European Parliament election last weekend, it became clear in exit polls that the ruling Social Democratic Party led by German Chancellor Scholz lost heavily and fell to 3rd place. There is a possibility that political unease in Europe will increase in response to the heavy defeat of political parties led by the leaders of Germany and France, the major European countries. The beginning of the week began when the euro depreciated in Tokyo time.

Kathy Wood supports Musk's huge compensation plan
Cathy Wood, a famous investor who leads the US investment company Arc Investment Management, supports the huge compensation plan of Elon Musk, CEO of Tesla, a major US electric vehicle (EV) company.

Profit Growth “Blue Ceiling” Stock List Selected by 34 Companies ＜Special Feature on Growth Stocks＞
Targeting stocks with a total market value of 50 billion yen or more and less than 230 billion yen as of the 6th, we have listed stocks that updated record high profits on a quarterly basis for the fiscal year ending 24/1/3, and are also expected to have the highest profit this fiscal year, and are in a so-called “blue ceiling” situation. The company that had the highest upside rate was General Machinery Trading Company $Daiichi Jitsugyo(8059.JP)$<8059>[Tokyo Stock Exchange P].