【Morning Report】 US June retail sales growth slows down, exceeds expectations. President Trump would tolerate the expiration of the term of the Chairman of the Federal Reserve if re-elected.
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The key points of the morning report today are as follows.
● [Tokyo Stock Market Forecast Range] 1300 yen - 1600 yen (closing on the 16th: 1275.08 yen).
● US June retail sales growth slows down, exceeds expectations.
● President Trump would tolerate the expiration of the term of the Chairman of the Federal Reserve if re-elected.
● Morgan Stanley's earnings evaluation includes trading and investment banking, according to analysts.
● Tesla plans to hire nearly 800 new employees.
The International Monetary Fund (IMF) keeps its outlook for the world economy unchanged in 2024.
The US earnings season has begun! Will it meet the expectations of the growing big tech companies? Is the AI boom not over yet?
moomoo News Kathy
● [Tokyo Stock Market Forecast Range] 1300 yen - 1600 yen (closing on the 16th: 1275.08 yen).
● US June retail sales growth slows down, exceeds expectations.
● President Trump would tolerate the expiration of the term of the Chairman of the Federal Reserve if re-elected.
● Morgan Stanley's earnings evaluation includes trading and investment banking, according to analysts.
● Tesla plans to hire nearly 800 new employees.
The International Monetary Fund (IMF) keeps its outlook for the world economy unchanged in 2024.
The US earnings season has begun! Will it meet the expectations of the growing big tech companies? Is the AI boom not over yet?
moomoo News Kathy
Market Overview
In the US stock market on the 16th, the Dow Jones Industrial Average rose for the fifth consecutive day, closing at $954.48, up $742.76, a 0.04% increase. The Nasdaq Composite Index rose by 36.774 points to 18509.340. It is expected that the Tokyo stock market on the 17th will continue to be bullish, with a high chance of the Nikkei Stock Average continuing to rise and approaching the 10000 yen level.
In the US stock market on the 16th, the Dow Jones Industrial Average rose for the fifth consecutive day, closing at $954.48, up $742.76, a 0.04% increase. The Nasdaq Composite Index rose by 36.774 points to 18509.340. It is expected that the Tokyo stock market on the 17th will continue to be bullish, with a high chance of the Nikkei Stock Average continuing to rise and approaching the 10000 yen level.
Top News
US retail sales in June are expected to exceed expectations of slowing growth.
The U.S. Department of Commerce announced that retail sales in June were 0% higher than the previous month, exceeding expectations. May sales were revised upwards from +0.3% to +0.1%. The decline in automobile sales was a burden due to a cyber attack on the software system used by car dealers.
US retail sales in June are expected to exceed expectations of slowing growth.
The U.S. Department of Commerce announced that retail sales in June were 0% higher than the previous month, exceeding expectations. May sales were revised upwards from +0.3% to +0.1%. The decline in automobile sales was a burden due to a cyber attack on the software system used by car dealers.
If re-elected, Mr. Trump would be prepared to allow the full term of Jerome Powell, chairman of the Federal Reserve Board (FRB).
Former U.S. President Donald Trump has stated that if he returns to the White House, he is prepared to complete the term of Jerome Powell, chairman of the Federal Reserve Board (FRB).
Is the historical bear market in US bonds actually a buying opportunity?The 'Trump Trade' ETF version! Here are 5 selected ETFs that are experiencing accelerated inflows of funds.,Will Trump's resurgence dominate the stock market?
Former U.S. President Donald Trump has stated that if he returns to the White House, he is prepared to complete the term of Jerome Powell, chairman of the Federal Reserve Board (FRB).
Is the historical bear market in US bonds actually a buying opportunity?The 'Trump Trade' ETF version! Here are 5 selected ETFs that are experiencing accelerated inflows of funds.,Will Trump's resurgence dominate the stock market?
Morgan Stanley's earnings, analysts evaluate trading and investment banking.
Morgan Stanley announced its financial results for the second quarter (Q2) before the start of trading. Analysts praised the strong performance of the trading, investment banking, and advisory divisions, as well as the overall operating income surpassing expectations. Fees in the investment banking division increased by 51%.
Morgan Stanley announced its financial results for the second quarter (Q2) before the start of trading. Analysts praised the strong performance of the trading, investment banking, and advisory divisions, as well as the overall operating income surpassing expectations. Fees in the investment banking division increased by 51%.
It has been reported that Tesla plans to hire nearly 800 new employees.
Tesla is said to be planning to hire nearly 800 new employees, according to Bloomberg. CEO Musk had ordered the company's largest-ever layoff three months ago.
Is the historical bear market in US bonds actually a buying opportunity?[Column] Trump being shot, Mask's switch turned on.
Tesla is said to be planning to hire nearly 800 new employees, according to Bloomberg. CEO Musk had ordered the company's largest-ever layoff three months ago.
Is the historical bear market in US bonds actually a buying opportunity?[Column] Trump being shot, Mask's switch turned on.
The International Monetary Fund (IMF) has maintained its global economic outlook for 2024.
"There is a possibility that the progress of disinflation will be slow, and high interest rates may persist for longer." "World GDP outlook: +3.2% for 2024, +3.3% for 2025 (upward revision from +3.2% in April)." "Tariffs could also become a new inflation risk."
"There is a possibility that the progress of disinflation will be slow, and high interest rates may persist for longer." "World GDP outlook: +3.2% for 2024, +3.3% for 2025 (upward revision from +3.2% in April)." "Tariffs could also become a new inflation risk."
The US earnings season has begun! Will it live up to the expectations surrounding Big Tech?
$S&P 500 Index (.SPX.US)$As the S&P 500 Index has risen 17% since the beginning of the year, driven by the frenzy of Big Tech and artificial intelligence (AI), the upcoming earnings season in the USA this week will serve as a benchmark for investors and analysts to assess corporate growth.
Is the historical bear market in US bonds actually a buying opportunity?[Earnings Preview] TSMC Continues to Receive Positive News Before Earnings Announcement
$S&P 500 Index (.SPX.US)$As the S&P 500 Index has risen 17% since the beginning of the year, driven by the frenzy of Big Tech and artificial intelligence (AI), the upcoming earnings season in the USA this week will serve as a benchmark for investors and analysts to assess corporate growth.
Is the historical bear market in US bonds actually a buying opportunity?[Earnings Preview] TSMC Continues to Receive Positive News Before Earnings Announcement
Foreign exchange
Key Market Events
Source: Dow Jones, MINKABU, Fisco, Bloomberg, Wealth Adviser, moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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