US market outlook: the dollar to yen at 151 yen and the Dow average starts at 483 dollars

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The number of people employed in the non-farm sector in the US increased by 175,000 in April, forecast increased by 238,000, and the previous fiscal year increased by 315,000
The number of people employed in the non-farm sector in April in the US increased by 175,000, the forecast increased by 238,000, and the previous fiscal year was revised upward to an increase of 315,000 people (preliminary value increase of 303,000 people). The feeling of overheating after the novel coronavirus disaster is slowly easing.

[Financial Summary] Apple announced the largest stock buyback ever for the January-March fiscal year, which exceeded expectations, and rose 7% outside of hours
paddy $Apple(AAPL.US)$Financial results were announced for 2024/1/3 (2nd quarter) after 2 days of local closing. EPS of 1.53 dollars exceeded expectations, but iPhone sales in the second quarter fell 10% from the same period last year, and overall sales fell 4% from the same period last year, both of which slightly exceeded market expectations. Furthermore, in addition to approving a plan to expand the share buyback quota by 110 billion dollars, the board of directors also announced a dividend increase.

Search for signs of yen intervention - US Federal Reserve Bank account data analysis
Recent data from the US Federal Reserve (Fed) suggests that the Japanese authorities may have intervened in the exchange rate to support the yen. The balance of RB's external reverse repo transactions fell by $8 billion, and the central bank's cash account fell by 17.8 billion dollars. Despite the Ministry of Finance not confirming intervention, according to Bloomberg's analysis, there is a high possibility that Japan spent close to 60 billion dollars to buy and support yen.

The Fed is worried that inflation has stopped falling, is it noise or a new trend
It is easy to explain why the underlying inflation rate in the United States reached a peak of 5% or more under the novel coronavirus epidemic in 2022 and then steadily declined to a level below 3% at the end of last year. Examples include improved supply, slowing demand, and fixed inflation expectations.