Moomoo users, good morning!Here are the key points of the early morning report today.
●[Tokyo Stock Market Price Forecast Range] 31,800 yen - 32,200 yen (closing price on the 17th: 32,040 yen, 29 cents)
● U.S. September retail sales rose by 0.7% compared to the previous month, significantly exceeding market expectations, while the core index increased by 0.6%.
Richmond Fed President determines whether additional rate hikes are necessary.
U.S. 2-year bond yield at 17-year high, rate hike speculation resurfaces.
There is a high likelihood of upward revision of the Bank of Japan's 2024 price outlook to above 2% - source.
The Federal Reserve has triumphed in the battle with U.S. consumers - BofA's Moynihan CEO.
ーmoomoo News Evelyn
Market Overview
In the U.S. stock market on the 17th, the NY Dow average stock price rose by $13.11 to $33,997.65, a slight increase for the third consecutive day compared to the previous business day. The Nasdaq composite stock price index was 34.237 points lower at 13,533.747. On the 18th, the Tokyo stock market showed conflicting views on strength and weakness, with the Nikkei average stock price experiencing back and forth movements around the previous day's closing price. There is a global appearance of stock markets being unstable...