[Morning Report] US June Retail Sales, Growth Slowdown Exceeds Expectations, Mr. Trump Accepts Federal Reserve Chairman's Term Expiration If Re-elected
![[Morning Report] US June Retail Sales, Growth Slowdown Exceeds Expectations, Mr. Trump Accepts Federal Reserve Chairman's Term Expiration If Re-elected](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240717/76ecbb5ac28997b2185c89b57af4e4b3.png/big?area=105&is_public=true)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 0.04 million1300 yen - 0.04 million1600 yen (16th closing price 0.04 million1275 yen 08 sen)
●The slowdown in US retail sales and growth in June exceeds expectations
● Trump accepts the expiration of the term of the Federal Reserve chairman if re-elected
● Morgan Stanley financial results, analysts evaluate trading and investment banks
● Tesla says it's policy to hire close to 800 new people
● International Monetary Fund (IMF) leaves 24-year global economic outlook unchanged
●The US financial results season has begun! Can Big Tech meet growing expectations? Is the AI boom over yet?
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 0.04 million1300 yen - 0.04 million1600 yen (16th closing price 0.04 million1275 yen 08 sen)
●The slowdown in US retail sales and growth in June exceeds expectations
● Trump accepts the expiration of the term of the Federal Reserve chairman if re-elected
● Morgan Stanley financial results, analysts evaluate trading and investment banks
● Tesla says it's policy to hire close to 800 new people
● International Monetary Fund (IMF) leaves 24-year global economic outlook unchanged
●The US financial results season has begun! Can Big Tech meet growing expectations? Is the AI boom over yet?
— MooMoo News Kathy
Market Overview
In the US stock market on the 16th, the NY Dow Jones Industrial Average continued to rise for 5 days to 0.04 million954 dollars 48 cents, which is 742 dollars 76 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 0.01 million8509.340, up 36.774 points from the same period. The Tokyo stock market is expected to have a bullish advantage on the 17th, and there is a high probability that the Nikkei Stock Average will continue to grow. The development is likely to be in the latter half of the 0.04 million1000 yen range.
In the US stock market on the 16th, the NY Dow Jones Industrial Average continued to rise for 5 days to 0.04 million954 dollars 48 cents, which is 742 dollars 76 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 0.01 million8509.340, up 36.774 points from the same period. The Tokyo stock market is expected to have a bullish advantage on the 17th, and there is a high probability that the Nikkei Stock Average will continue to grow. The development is likely to be in the latter half of the 0.04 million1000 yen range.
Top news
The slowdown in US retail sales and growth in June exceeded expectations
Retail sales for June announced by the U.S. Department of Commerce were 0% compared to the previous month, and the slowdown in growth from May also exceeded expectations. The 5 month portion was revised upward from +0.1% to +0.3%. Since software systems used by car dealers were attacked by cyber attacks, the decline in automobile sales became significant.
The slowdown in US retail sales and growth in June exceeded expectations
Retail sales for June announced by the U.S. Department of Commerce were 0% compared to the previous month, and the slowdown in growth from May also exceeded expectations. The 5 month portion was revised upward from +0.1% to +0.3%. Since software systems used by car dealers were attacked by cyber attacks, the decline in automobile sales became significant.
Trump allows Fed chairman's term to expire if re-elected
Former US President Donald Trump made it clear that if he returns to the White House, he is poised to let Chairman Jerome Powell of the Federal Reserve (Fed) complete his term of office.
Related articles:“Trump Trade” ETF version! 5 ETFs where capital inflows are accelerating、Has Attack on Trump taken the stock market by storm?
Former US President Donald Trump made it clear that if he returns to the White House, he is poised to let Chairman Jerome Powell of the Federal Reserve (Fed) complete his term of office.
Related articles:“Trump Trade” ETF version! 5 ETFs where capital inflows are accelerating、Has Attack on Trump taken the stock market by storm?
Morgan Stanley financial results, analysts evaluate trading and investment banks
Morgan Stanley announced financial results for the fiscal year ending April-June (2nd quarter) before the start of trading. From analysts, there were a series of analyses evaluating the fact that the trading division, investment banking, and advisory division performed well and that overall ordinary income exceeded expectations. Fees in the investment banking sector have increased by 51%.
Morgan Stanley announced financial results for the fiscal year ending April-June (2nd quarter) before the start of trading. From analysts, there were a series of analyses evaluating the fact that the trading division, investment banking, and advisory division performed well and that overall ordinary income exceeded expectations. Fees in the investment banking sector have increased by 51%.
Tesla says it's policy to hire close to 800 new people
It is reported that Tesla has a policy of hiring close to 800 new people. Bloomberg reported it. CEO Musk ordered the largest reduction in personnel in the company's history three months ago.
Related articles:[Column] Trump shooting, Musk switches on
It is reported that Tesla has a policy of hiring close to 800 new people. Bloomberg reported it. CEO Musk ordered the largest reduction in personnel in the company's history three months ago.
Related articles:[Column] Trump shooting, Musk switches on
International Monetary Fund (IMF) leaves 24-year global economic outlook unchanged
“Disinflation is progressing slowly, and there is a possibility that high interest rates will be further prolonged.” “World GDP forecast: maintain +3.2% for 24 years. '25: +3.3% (April +3.2%) upward revision” “there is also a possibility that tariffs will become a new risk of inflation”
“Disinflation is progressing slowly, and there is a possibility that high interest rates will be further prolonged.” “World GDP forecast: maintain +3.2% for 24 years. '25: +3.3% (April +3.2%) upward revision” “there is also a possibility that tariffs will become a new risk of inflation”
The US financial results season has begun! Can Big Tech meet growing expectations?
$S&P 500 Index(.SPX.US)$It has risen 17% since the beginning of this year, and while it has reached a peak after the peak due to the enthusiasm sparked by big tech and artificial intelligence (AI), the financial results season starting this week in the US will be a yardstick for investors and analysts to check corporate growth.
Related articles:[Earnings Preview] TSMC has a succession of good news just before financial results
$S&P 500 Index(.SPX.US)$It has risen 17% since the beginning of this year, and while it has reached a peak after the peak due to the enthusiasm sparked by big tech and artificial intelligence (AI), the financial results season starting this week in the US will be a yardstick for investors and analysts to check corporate growth.
Related articles:[Earnings Preview] TSMC has a succession of good news just before financial results
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 17th = continued increase, risk of the NY Dow being drastically high
Stock exchange rate forecast for the 17th = continued increase, risk of the NY Dow being drastically high
Foreign substitutes
Key Market Events
![[Morning Report] US June Retail Sales, Growth Slowdown Exceeds Expectations, Mr. Trump Accepts Federal Reserve Chairman's Term Expiration If Re-elected](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240717/360df5e4977fa14fa7ee0f3d39c11c94.jpg/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Fisco, Bloomberg, Welshadvisor, Moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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