[Morning Report] Is the US-Europe Inflation Index the lowest growth since '21? Black Friday, online consumer spending reached a record high
Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 33,500 yen - 33,900 yen (closing price on the 24th 33,625 yen 53 sen)
● Is the US-Europe inflation index low growth since 2021 - also reinforces observations of the end of interest rate hikes
● Black Friday, online spending hits record high - Adobe
● Contrarian individuals who blocked the “yen appreciation conversion” are once again in the 150 yen range
●ECB now can rest hands and determine tightening effects - Governor Lagarde
● OPEC Plus is close to agreement on issues surrounding production quotas for African oil producing countries
● Berkshire sells all of SoftBank-invested PATM shares
ー MooMoo News Mark
● [Tokyo Stock Exchange Rate Forecast Range] 33,500 yen - 33,900 yen (closing price on the 24th 33,625 yen 53 sen)
● Is the US-Europe inflation index low growth since 2021 - also reinforces observations of the end of interest rate hikes
● Black Friday, online spending hits record high - Adobe
● Contrarian individuals who blocked the “yen appreciation conversion” are once again in the 150 yen range
●ECB now can rest hands and determine tightening effects - Governor Lagarde
● OPEC Plus is close to agreement on issues surrounding production quotas for African oil producing countries
● Berkshire sells all of SoftBank-invested PATM shares
ー MooMoo News Mark
Market Overview
In the US stock market on the 24th, the NY Dow Jones Industrial Average continued to rise to 35,390 dollars 15 cents, 117 dollars 12 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 15.002 points to 14,250.855. The movement to take risks against a wide range of stocks continued in the Tokyo stock market on the 27th, and there seems to be a high possibility that the Nikkei Stock Average will continue to grow for 3 days. Attention is being paid to whether the year-to-date high price of 33,753 yen (based on closing price) set on 7/3 will be dispelled and the high price will be updated for the first time in 33 years and 8 months.
In the US stock market on the 24th, the NY Dow Jones Industrial Average continued to rise to 35,390 dollars 15 cents, 117 dollars 12 cents higher than the previous business day. The Nasdaq Composite Stock Price Index fell 15.002 points to 14,250.855. The movement to take risks against a wide range of stocks continued in the Tokyo stock market on the 27th, and there seems to be a high possibility that the Nikkei Stock Average will continue to grow for 3 days. Attention is being paid to whether the year-to-date high price of 33,753 yen (based on closing price) set on 7/3 will be dispelled and the high price will be updated for the first time in 33 years and 8 months.
Top news
Is the US-Europe inflation index low growth since 2021 - also reinforces the observation that interest rate hikes will end
The inflation indicators for the US and the Eurozone to be announced this week are both expected to be low since the first half or middle of 2021, on a year-on-year basis. It seems to be material to reinforce the sentiment that there will be no additional interest rate hikes.
RELATED ARTICLES
US corporate bond market suggests optimism over end of interest rate hikes - spreads have been at a low level since last year
US General PMI employment index shrinks, first since mid-2020 - S&P Global
Is the US-Europe inflation index low growth since 2021 - also reinforces the observation that interest rate hikes will end
The inflation indicators for the US and the Eurozone to be announced this week are both expected to be low since the first half or middle of 2021, on a year-on-year basis. It seems to be material to reinforce the sentiment that there will be no additional interest rate hikes.
RELATED ARTICLES
US corporate bond market suggests optimism over end of interest rate hikes - spreads have been at a low level since last year
US General PMI employment index shrinks, first since mid-2020 - S&P Global
Online spending hits record high on Black Friday — Adobe
Adobe Analytics announced that consumer online spending on Black Friday the day after US Thanksgiving this year recorded a record high of 9.8 billion dollars (about 1.46 trillion yen).
RELATED ARTICLES
Expectations for additional discounts on Black Friday, intensifying selection colors - unrealistic voices too
Macy's CEO says online shopping was strong on Thanksgiving
Adobe Analytics announced that consumer online spending on Black Friday the day after US Thanksgiving this year recorded a record high of 9.8 billion dollars (about 1.46 trillion yen).
RELATED ARTICLES
Expectations for additional discounts on Black Friday, intensifying selection colors - unrealistic voices too
Macy's CEO says online shopping was strong on Thanksgiving
The contrarian individuals who blocked the “yen appreciation conversion” are once again in the 150 yen range
The exchange rate of yen against the dollar began to depreciate again in the foreign exchange market. A fall to the 150 yen range is also in view. The view that the next move by the US Federal Reserve (Fed) was to cut interest rates intensified, and people were aware of a trend change in the direction of yen appreciation, but it suddenly hit a wall.
The exchange rate of yen against the dollar began to depreciate again in the foreign exchange market. A fall to the 150 yen range is also in view. The view that the next move by the US Federal Reserve (Fed) was to cut interest rates intensified, and people were aware of a trend change in the direction of yen appreciation, but it suddenly hit a wall.
ECB now can rest hands and determine tightening effects - Governor Lagarde
President Lagarde insisted on the 24th that the European Central Bank (ECB) is now in a position where it is possible to rest and determine the effects of tightening.
RELATED ARTICLES
ECB Vice President Degindos mentions downside risks to Eurozone growth prospects
President Lagarde insisted on the 24th that the European Central Bank (ECB) is now in a position where it is possible to rest and determine the effects of tightening.
RELATED ARTICLES
ECB Vice President Degindos mentions downside risks to Eurozone growth prospects
OPEC Plus is close to agreement on issues surrounding production quotas for African oil producing countries
“OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and major non-OPEC oil-producing countries, is getting closer to resolution due to issues surrounding production quotas for African oil producing countries, which had been the cause of the meeting being forced to be postponed.
“OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and major non-OPEC oil-producing countries, is getting closer to resolution due to issues surrounding production quotas for African oil producing countries, which had been the cause of the meeting being forced to be postponed.
US Tech once again drives global performance profit and loss improvement amount, Toyota ranks 8th in financial results ranking ① Final profit and loss improvement amount in the world for the July-9 fiscal year
Which companies in the world have increased their profits? Major tech companies such as US Meta all entered the top of the final profit and loss improvements for the 2023/7/9 fiscal year. The recovery is clear due to personnel cuts and the revival of internet advertisements. While petroleum, semiconductor-related, etc. are sluggish due to high resource consumption and the slowdown in the Chinese economy, it is once again driving earnings.
Which companies in the world have increased their profits? Major tech companies such as US Meta all entered the top of the final profit and loss improvements for the 2023/7/9 fiscal year. The recovery is clear due to personnel cuts and the revival of internet advertisements. While petroleum, semiconductor-related, etc. are sluggish due to high resource consumption and the slowdown in the Chinese economy, it is once again driving earnings.
What the Wall Street Melt-Up Looks Like, Junk Bonds and Small-Cap Stock Buybacks - Bearish Retreats
Stock prices have been outstanding since the beginning of November. The current market melt-up, where buying invites buying, is likely to become one of the largest in the past 100 years, and demand for protective strategies has almost disappeared. The S&P 500 stock price index has risen about 9% this month alone, and professionals and individual investors are desperate to keep up.
Stock prices have been outstanding since the beginning of November. The current market melt-up, where buying invites buying, is likely to become one of the largest in the past 100 years, and demand for protective strategies has almost disappeared. The S&P 500 stock price index has risen about 9% this month alone, and professionals and individual investors are desperate to keep up.
Rice takeover funds expect index reforms from Japanese companies, influence stock prices
Famous takeover funds in the US are looking for investment opportunities in Japanese companies. In addition to expectations of de-deflation involving wage increases and public-private sector efforts to raise gears to improve shareholder value, a sense of stability as geopolitical risks increase has also been evaluated.
Famous takeover funds in the US are looking for investment opportunities in Japanese companies. In addition to expectations of de-deflation involving wage increases and public-private sector efforts to raise gears to improve shareholder value, a sense of stability as geopolitical risks increase has also been evaluated.
Berkshire sells all of SoftBank-invested shares of PATM shares
On the 24th, US Berkshire Hathaway sold all 2.5% of the shares of the Indian fintech company PayTM, which the SoftBank Group invests in, in a block transaction, and managed the investment.
On the 24th, US Berkshire Hathaway sold all 2.5% of the shares of the Indian fintech company PayTM, which the SoftBank Group invests in, in a block transaction, and managed the investment.
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 27th = developments in response to strong Western stocks and new highs
Stock exchange rate forecast for the 27th = developments in response to strong Western stocks and new highs
Foreign substitutes
Key Market Events
Distribution source: Dow Jones, MINKABU, Bloomberg, Nihon Keizai Shimbun, Weiss Advisors
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment