[Morning Report] President Mester, whose December CPI exceeds market expectations, “March is probably too early as a time to cut interest rates”
![[Morning Report] President Mester, whose December CPI exceeds market expectations, “March is probably too early as a time to cut interest rates”](https://sgsnsimg.moomoo.com/feed_image/181250687/d623cd53df0930a6b5f720a46c8b7977.png/bigmoo)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 34,700 yen - 35,200 yen (closing price on the 11th 30,5049 yen 86 sen)
●Update - [Index Bulletin] The US December CPI rose 3.4% from the previous year, and the core index, which exceeds market expectations, also exceeds expectations
●Governor Mester says “March is probably too early as a time to cut interest rates”
● On the first day of the US Bitcoin ETF, active trading price of 670 billion yen
● Microsoft in the US surpasses Apple in terms of market capitalization
● Tesla announces wage increases to workers at declining US car plants
● Financial results announcements from major US banks, are investors paying attention to monetary policy forecasts - starting 12th
● The total stock market value of the Tokyo Stock Exchange returned to the top position in Asia and surpassed the Shanghai Stock Exchange
● Acquisition of US Steel by Nippon Steel, possibility that the review will take 1 year or more - stakeholders
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 34,700 yen - 35,200 yen (closing price on the 11th 30,5049 yen 86 sen)
●Update - [Index Bulletin] The US December CPI rose 3.4% from the previous year, and the core index, which exceeds market expectations, also exceeds expectations
●Governor Mester says “March is probably too early as a time to cut interest rates”
● On the first day of the US Bitcoin ETF, active trading price of 670 billion yen
● Microsoft in the US surpasses Apple in terms of market capitalization
● Tesla announces wage increases to workers at declining US car plants
● Financial results announcements from major US banks, are investors paying attention to monetary policy forecasts - starting 12th
● The total stock market value of the Tokyo Stock Exchange returned to the top position in Asia and surpassed the Shanghai Stock Exchange
● Acquisition of US Steel by Nippon Steel, possibility that the review will take 1 year or more - stakeholders
— MooMoo News Kathy
Market Overview
In the US stock market on the 11th, the NY Dow Jones Industrial Average continued to rise to 37,711 dollars 02 cents, 15 dollars 29 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 0.535 points to 14,970.185. The Tokyo stock market on the 12th was slightly pushed by profit determination movements amid the buy-and-sell exchange, and there is a possibility that the Nikkei Stock Average will fall for the first time in 5 days.
In the US stock market on the 11th, the NY Dow Jones Industrial Average continued to rise to 37,711 dollars 02 cents, 15 dollars 29 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 0.535 points to 14,970.185. The Tokyo stock market on the 12th was slightly pushed by profit determination movements amid the buy-and-sell exchange, and there is a possibility that the Nikkei Stock Average will fall for the first time in 5 days.
Top news
Update - [Index Bulletin] The US December CPI rose 3.4% from the previous year, and the core index, which exceeded market expectations, also exceeded expectations
According to the US Consumer Price Index (CPI) statistics for December last year, growth in the composite index accelerated compared to the previous month. The market view that the US financial authorities will soon begin cutting interest rates has receded.
Related articles:Strong optimism in the rice market, even with sticky inflation, CPI exceeds expectations
Update - [Index Bulletin] The US December CPI rose 3.4% from the previous year, and the core index, which exceeded market expectations, also exceeded expectations
According to the US Consumer Price Index (CPI) statistics for December last year, growth in the composite index accelerated compared to the previous month. The market view that the US financial authorities will soon begin cutting interest rates has receded.
Related articles:Strong optimism in the rice market, even with sticky inflation, CPI exceeds expectations
Governor Mester: “March is probably too early for interest rate cuts”
President Mester of the US Cleveland Federal Reserve expressed the view on the 11th that it was too early to consider interest rate cuts at the March Federal Open Market Committee (FOMC) meeting. It was emphasized that the US Consumer Price Index (CPI) of December last year, which was announced on this day, suggested a situation where policy makers still have something to work on.
President Mester of the US Cleveland Federal Reserve expressed the view on the 11th that it was too early to consider interest rate cuts at the March Federal Open Market Committee (FOMC) meeting. It was emphasized that the US Consumer Price Index (CPI) of December last year, which was announced on this day, suggested a situation where policy makers still have something to work on.
On the first day of the US Bitcoin ETF, active trading price was 670 billion yen
On the 11th at the US stock exchange, trading of 11 exchange-traded fund (ETF) stocks managed with representative crypto assets (virtual currency) began. Active transactions were seen, with a total trading price of about 4.6 billion dollars (about 670 billion yen). After receiving ETF approval, the Bitcoin exchange rate temporarily hit a high for the first time in 2 years, but then it fell.
Related articles:US SEC approves Bitcoin spot ETF for the first time! Which stocks are likely to benefit?
On the 11th at the US stock exchange, trading of 11 exchange-traded fund (ETF) stocks managed with representative crypto assets (virtual currency) began. Active transactions were seen, with a total trading price of about 4.6 billion dollars (about 670 billion yen). After receiving ETF approval, the Bitcoin exchange rate temporarily hit a high for the first time in 2 years, but then it fell.
Related articles:US SEC approves Bitcoin spot ETF for the first time! Which stocks are likely to benefit?
Microsoft in the US surpasses Apple in terms of market capitalization
paddy $Microsoft (MSFT.US)$On the morning of the 11th, at the total stock market value $Apple (AAPL.US)$It surpassed and emerged as the top American company. According to Dow Jones Market Data, the current total market value of Microsoft is 2.9 trillion dollars (about 277 trillion yen). It has taken back the lead since 2021.
paddy $Microsoft (MSFT.US)$On the morning of the 11th, at the total stock market value $Apple (AAPL.US)$It surpassed and emerged as the top American company. According to Dow Jones Market Data, the current total market value of Microsoft is 2.9 trillion dollars (about 277 trillion yen). It has taken back the lead since 2021.
Tesla announces wage increases to workers at declining US car plants
$Tesla (TSLA.US)$has declined. Workers working at automobile plants in California were notified of wage increases at factories across the United States.
$Tesla (TSLA.US)$has declined. Workers working at automobile plants in California were notified of wage increases at factories across the United States.
Financial results announcements of major US banks, are investors paying attention to monetary policy forecasts - starting 12th
Major banks in the United States were forced to respond in 2023 when the cost of keeping deposit customers increased due to an increase in market interest rates. Since borrowing costs are expected to stabilize in the next few months, there is a large probability that such burdens will be reduced.
Major banks in the United States were forced to respond in 2023 when the cost of keeping deposit customers increased due to an increase in market interest rates. Since borrowing costs are expected to stabilize in the next few months, there is a large probability that such burdens will be reduced.
The total stock market value of the Tokyo Stock Exchange returned to the top position in Asia and surpassed the Shanghai Stock Exchange
The total market capitalization (in dollars) of stocks listed on the Tokyo Stock Exchange surpassed the Shanghai Stock Exchange in China on the 11th. It will be the first time in about three and a half years that the Tokyo Stock Exchange has returned to the top position in Asia.
The total market capitalization (in dollars) of stocks listed on the Tokyo Stock Exchange surpassed the Shanghai Stock Exchange in China on the 11th. It will be the first time in about three and a half years that the Tokyo Stock Exchange has returned to the top position in Asia.
The acquisition of US Steel by Nippon Steel may take more than 1 year to review - stakeholders
$Nippon Steel (5401.JP)$The rice of $United States Steel (X.US)$Regarding the acquisition plan, the national security review by the US authorities will not be concluded by the end of the year, and there is a possibility that it will enter 2025.
Related articles:Nippon Steel becomes new president Mr. Imai President Hashimoto becomes chairman
$Nippon Steel (5401.JP)$The rice of $United States Steel (X.US)$Regarding the acquisition plan, the national security review by the US authorities will not be concluded by the end of the year, and there is a possibility that it will enter 2025.
Related articles:Nippon Steel becomes new president Mr. Imai President Hashimoto becomes chairman
Tokyo Stock Exchange Rate Forecast
The stock market forecast for the 12th = buying and selling, and a sense of caution about high prices will also demonstrate steadiness
The stock market forecast for the 12th = buying and selling, and a sense of caution about high prices will also demonstrate steadiness
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Key Market Events
![[Morning Report] President Mester, whose December CPI exceeds market expectations, “March is probably too early as a time to cut interest rates”](https://sgsnsimg.moomoo.com/feed_image/181250687/ef45057ab66739979792f32b751e0c31.png/bigmoo)
Distribution source: Dow Jones, MINKABU, Fisco, Bloomberg, Wells Advisor, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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micky38 : Apparently, interest rate cuts in America are being postponed, and Japan's cancellation of negative interest rates is also postponed due to the earthquake, and if the exchange rate stalemates as it is now, export-related stock prices seem to be doing well.
182526358 micky38 : Mr.micky38
Good morning
Thanks nice comment