US market outlook: US retail sales in June were flat compared to the previous month, and the Dow average started 52 dollars higher
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Market Overview
The US market started, and the Dow Jones Industrial Average, which is composed of excellent stocks, rose 52.06 dollars to 40263.78 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18534.27 with a 61.70 point increase. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, rose 12.87 points to 5644.09.
The US market started, and the Dow Jones Industrial Average, which is composed of excellent stocks, rose 52.06 dollars to 40263.78 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18534.27 with a 61.70 point increase. The S&P 500 average, which consists of stocks of 500 companies that are large US stocks, rose 12.87 points to 5644.09.
Top news
Retail sales of rice remained flat in June compared to the previous month
The U.S. Department of Commerce will announceJune retail sales、It remained flat compared to the previous month, and the forecast fell 0.30%There was a 0.30% increase in the previous quarter.
The U.S. Department of Commerce will announceJune retail sales、It remained flat compared to the previous month, and the forecast fell 0.30%There was a 0.30% increase in the previous quarter.
The Federal Reserve's sense of security
● Federal Reserve Chairman Powell said that recent economic data has strengthened confidence that the inflation rate is moving towards the target of 2%.
● Meanwhile, while Mary Daly agreed that confidence in the inflation path is growing, she suggested that there is still plenty of data left to confirm it.
● John Authors said that in the end, the impact of the Federal Reserve on investors' decisions is greater than the possibility that President Trump will reappear.
● Federal Reserve Chairman Powell said that recent economic data has strengthened confidence that the inflation rate is moving towards the target of 2%.
● Meanwhile, while Mary Daly agreed that confidence in the inflation path is growing, she suggested that there is still plenty of data left to confirm it.
● John Authors said that in the end, the impact of the Federal Reserve on investors' decisions is greater than the possibility that President Trump will reappear.
Trump's Return
● Donald Trump appeared in public for the first time since his assassination attempt at the Republican National Convention.
● There was no speech, but the consistency of his policies, from tax cuts to abolition of regulations, was clear, and he appointed Senator JD Vance, a rising star within the party whose populist policies match Mr. Trump, as an election companion.
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● Donald Trump appeared in public for the first time since his assassination attempt at the Republican National Convention.
● There was no speech, but the consistency of his policies, from tax cuts to abolition of regulations, was clear, and he appointed Senator JD Vance, a rising star within the party whose populist policies match Mr. Trump, as an election companion.
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Government bond transactions
● The momentum of Mr. Trump's presidential run put pressure on long-term government bonds, and government bond yields rose from the view that his policies would worsen the country's finances and promote inflation.
● This “Trump trade” rewards investors who bet that the curve of the bond market will return to normal. However, in order for this trade to really take hold, interest rate cuts by the Fed are necessary.
● Government bonds have risen, and 10-year bond yields are approaching their lowest level since March.
● The momentum of Mr. Trump's presidential run put pressure on long-term government bonds, and government bond yields rose from the view that his policies would worsen the country's finances and promote inflation.
● This “Trump trade” rewards investors who bet that the curve of the bond market will return to normal. However, in order for this trade to really take hold, interest rate cuts by the Fed are necessary.
● Government bonds have risen, and 10-year bond yields are approaching their lowest level since March.
— MooMoo News Zeber
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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