TSLA
Tesla
-- 431.660 RGTI
Rigetti Computing
-- 17.0800 NVDA
NVIDIA
-- 137.010 LAES
SEALSQ Corp
-- 9.080 PLTR
Palantir
-- 79.080 This week's earnings and economic calendar (12/23-12/27) Will the dollar continue to rise and the yen fall? Is there an opportunity for selective browsing in the Christmas mood?
This week will be a week where Christmas mood spreads. The Tokyo stock market is expected to show a firm movement. This is due to the approval of the financial policy decision meetings in Japan and the USA.安心感が広がっている。特に、日銀の金融政策がハト派的な姿勢を維持し、利上げ見送りを決定したことが円安を支え、輸出関連株にプラスの影響を与えると見られる。しかし、As the holiday season approaches, it is anticipated that overseas markets, especially participants in the USA and European markets, will decrease, leading to reduced liquidity. As a result, the market may react sensitively to unexpected news or developments at times, and caution is needed for sudden price movements. In particular, there is a possibility of increased fund inflows into emerging markets, including IPOs, rather than large cap stocks, which may lead to active trading for profit opportunities.23rdactive buying factors will be scarce and there may be potential for sensitive reactions to unexpected news or developments, requiring caution for sudden price movements.Be cautious of rapid price movements.There may be an increase in fund inflow towards emerging markets, including IPOs, rather than large cap stocks, potentially leading to more active trading to capitalize on price volatility.
on the 23rd $Reiwa Accounting Holdings (296A.JP)$On the 25th $Alpico Holdings (297A.JP)$、 $MIC (300A.JP)$On the 26th $GVA Tech (298A.JP)$、 $Visumo (303A.JP)$、 $Forcia (304A.JP)$On the 27th, $B-style Holdings (302A.JP)$will be newly listed.
This week's USD/JPY exchange rate is further appreciation of the dollar and depreciation of the yen is being watched closely.The focus is on whether Governor Ueda of the Bank of Japan will provide further insights on the central bank's policy during his scheduled speech on the 25th. If no adjustment to the policy trajectory is made, there is a possibility that the trend of buying dollars and selling yen may continue. However, on the 20th, Finance Minister Katsunobu Kato and Vice Finance Minister Jun Miyazawa made statements restraining the yen's depreciation, leading to an increased sense of alertness for intervention.In addition, in the main opinions to be released on the 27th, it will be confirmed how the proposal for a rate hike by board member Naoki Tamura was rejected, in order to assess the distance to a rate hike.In addition, in the main opinions to be published on the 27th, the process of rejecting member Naoki Tamura's proposal for a rate hike will be reviewed to assess the distance to an interest rate hike.To determine the distance to a rate hike.。
In the US stock market, despite the announcement of a decrease in policy interest rates by the US FOMC in December, the reduced outlook for rate cuts has tempered excessive expectations for US stocks, but there may be a continuing adjustment phase towards the end of the year. A cautious stance towards high PE stocks such as technology stocks may continue.
The main economic indicators scheduled for this week include the December US Consumer Confidence Index (Conference Board) on the 23rd, November US Durable Goods Orders and November US New Home Sales on the 24th, US Initial Jobless Claims for the previous week on the 26th, and November US Wholesale Inventories on the 27th. Domestically, the December Tokyo Consumer Price Index (CPI, excluding fresh food) and the preliminary value of November Industrial Production will be announced on the 27th.
1. The Nikkei Average fell for the first time in three weeks in the aftermath of the steep decline in US stocks, breaking below the 30,000 yen mark by 0.03 million yen.
2. Ripple effects of the hawkish rate cut by the US Federal Reserve Board led to record declines in the three major indices.
3. Bank of Japan postpones rate hike, acceleration of yen selling due to Governor Kuroda's dovish stance, marking a 5-month low.
Popular US stocks with skyrocketing volume such as Quantum Computing-related ones, comparable to Buffett's Berkshire in terms of volume.
Bitcoin rebels from its peak! Sharp drop after hitting an all-time high. Fed's hawkish rate cut played a role.
NVIDIA enters an adjustment phase as Broadcom's ASIC revolution shakes the AI market.
Last week in the Tokyo stock market, the Nikkei average fell for the first time in three weeks compared to the previous week, down 768.54 yen (1.95%) to 87,701.90 yen. The impact of the rapid decline in US stocks, due to the reduced number of expected interest rate cuts by the Federal Open Market Committee (FOMC) for 2025, also affected the Japanese stocks. The Bank of Japan postponed additional rate hikes at the monetary policy decision meeting on the 19th. Governor Ueda made dovish remarks at a press conference. The reasons for deferring the rate hike included confirming the sustainability of wage growth, the uncertainty in US policy due to the establishment of the Trump administration, stating that "I want one more notch" for decision-making. The governor's press conference triggered accelerated selling of the yen in the market, temporarily pushing the dollar to 157 yen.5-month highUpdated.
In the US stock market last week, the Dow Jones Industrial Average barely ended a 50-year streak of consecutive losses. All three major indices ended the week with declines. The Federal Reserve Board's (FRB) interest rate decision on Wednesday last week affected Wall Street last week.The main focus pointbecame. The Federal Reserve Bank of the United States implemented three consecutive interest rate cuts. This is generally in line with expectations. Of note is the content that the Federal Reserve Bank suggested regarding monetary policy for 2025. Dissenting votes, dot plots, economic forecasts, and Chairman Powell's remarks all,This rate cut is extremely hawkishare indicating.
As a result of the hawkish rate cut, significant selling was sparked in the U.S. stock market on Wednesday. The recorded the largest single-day decline since September 2022 and marked the 10th consecutive decline, $Dow Jones Industrial Average (.DJI.US)$the longest losing streak since 1974.the longest losing streak since 1974. $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$Also.The worst decline since 2020. $Bitcoin (BTC.CC)$Also, last week,181,000 dollarsafter reaching an all-time high, sharply dropped to 92,500 dollars, a more than 10% decline.The dollar index has been falling for several days.0.1 million8000 dollarsUpdating the highest price in 2 years.Due to the tough stance of the US Federal Reserve, it almost offsets the possibility of the dollar weakening at the end of the year.As Trump's formal inauguration on January 20 approaches, it is expected that it will be difficult for the dollar to weaken significantly.
About the US economic indicators.
Market participants are maintaining the outlook that the Federal Reserve will temporarily pause rate cuts in January next year and are increasingly factoring in the possibility of a rate cut in March. There are also emerging forecasts of additional rate cuts in October.
- In December, US services PMI recorded the highest growth in over 3 years. According to analysts, the latest PMI data indicates further differentiation in the US economy, with the services sector growing steadily while the manufacturing sector deteriorates further.
- Retail sales in November grew at a pace exceeding market expectations, reflecting the resilience of US consumption and indicating a strong start to the US year-end shopping season. The rise in retail sales and a re-acceleration of inflation suggest the possibility that the US Federal Reserve may postpone a rate cut in January next year.
- The number of initial jobless claims in the USA was lower than expected at 0.22 million. The number of continuing claimants decreased by 5,000 to 1.87 million.
- The real GDP growth rate in the USA for the third quarter was significantly revised upwards, with the final value of the quarter-on-quarter growth rate at an annual rate of 3.1%, accelerating more than expected. The overall growth rate of the economy accelerated from the second quarter.
- Both US PCE and Core PCE data fell below expectations. The US Core PCE (Personal Consumption Expenditures) price index, a key focus for the Federal Reserve Board, rose by 0.1% month-on-month in November, below expectations, and increased by 2.8% year-on-year, also falling below expectations.
About hot stocks
$Broadcom (AVGO.US)$The earnings report released byhad a strong impact on the market,with a focus on the ASIC (Application-Specific Integrated Circuit) AI chip. Analysts pointed out that if Broadcom's CEO's ASIC market forecast is accurate, Broadcom's ASIC-related AI business could double annually over the next three years. This influence, coupled with being a giant in AI, $NVIDIA (NVDA.US)$Stock prices continue to stagnate,Last week, it entered a period of adjustment.。
On the other hand, in the recent emerging markets,more speculative and volatile, businesses with rich topics are attracting strong interest from investors,、A big ripple is spreading in the US stock market. These companies, although they have low revenue and profits, have great potential for growth. Quantum computing-related stocks are also attracting significant attention, and the trading volume temporarily surpassed large-cap stocks like Berkshire Hathaway, owned by Mr. Buffett.
On the 18th, quantum computing-related stocks $Quantum Computing (QUBT.US)$、 $Rigetti Computing (RGTI.US)$The trading volume of Financial Technology and Defense-related sectors $Nukkleus (NUKK.US)$the trading volume of Speech Recognition and Artificial Intelligence $SoundHound AI (SOUN.US)$reached a total of about $10 billion, surpassing 476 stocks of the S&P 500 Index. In particular, Nukkleus announced a strategic acquisition in the defense sector, causing its stock price to soar by over 700%, recording an increase of over 35 times in just two days.
On the 16th, in dollars. $Rigetti Computing (RGTI.US)$Volume of overseas bond ETF $iShares 20+ Year Treasury Bond ETF (TLT.US)$surpassed the volume of $IonQ Inc (IONQ.US)$in QITABANKUAI $JPMorgan (JPM.US)$exceeded, $Quantum Computing (QUBT.US)$in QITABANKUAI $Intel (INTC.US)$surpassed the volume of $D-Wave Quantum (QBTS.US)$Buffett's Volume of $Berkshire Hathaway-A (BRK.A.US)$exceeded.
$Micron Technology (MU.US)$The first-quarter revenue of Financial Estimates was as expected, but the outlook for the next quarter deteriorated significantly, leading to a 16% sharp decline after the earnings report dropBofA downgraded the investment rating of Micron from 'Buy' to 'Hold'.
Source: MINKABU, Bloomberg, investing, Yahoo Finance, Schwab
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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