The recent volatility in the US financial market can be attributed to "Rate cut trade" and "Trump trade" are currently the most popular trading themes.
The June US Consumer Price Index (CPI) fell more than expected, and coupled with Chairman Powell's dovish remarks, the Federal Reserve Board (FRB) is expected to cut interest rates for the first time this year in September.Trump's approval rating has expanded in the US due to the first presidential debate and shooting incidents, ushering in the beginning of the "Trump 2.0" era.Being done.
What are the common benefits of 'Trump trade' and 'rate cut trade'?
Bitcoin.
On Monday, the Republican Party stated in its new platform that it would put an end to regulation of cryptocurrencies by the Democratic Party and ensure the right of Americans to safely store digital assets.
In other words,If Mr. Trump becomes president, there will be a significant change in the U.S. stance on cryptocurrencies.In addition, Mr. Pence, Mr. Trump's vice presidential candidate, recently revealed his position, but he has a large position in Bitcoin ETF ( $Fidelity Wise Origin Bitcoin Fund (FBTC.US)$).

This article uses auto-translation in part.
● $NVIDIA (NVDA.US)$after the end of trading on the 22nd5:20 am on the 23rd in JapanThe earnings call for FY2025 Q1 is scheduled to be announced.
The company's most important business, the datacenter,is expected to achieve sales of $20.967 billion, an increase of 389.43% year-on-year compared to the same period last year.This is expected to continue to increase the proportion of this business in the company's revenue from 83% in the previous quarter to 85%.
GS Securities analysts expect continued high levels of investment in AI, so they still consider NVIDIA's valuation to be cheap.Nvidia's valuation is still considered undervalued.According to moomoo, the market perceives NVIDIA
news.FY2025 Q1の売上高が前年同期比240.47%増の24.487 billionドル、EPSは前年同期比532.28%増の5.18ドルと予想being reported (US-...

This week's points
Are Japanese stocks doing well this week? Rice that is getting a lot of attention in the market $NVIDIA (NVDA.US)$Ahead of the announcement of financial results on the 22nd, the wait-and-see mood is likely to expand in the first half of the week. Triggered by financial statements, etc. showing the expansion of demand for artificial intelligence (AI), etc.There is a possibility that the impact will spread to related stocks around the worldThere is. Meanwhile, as observations of lower US interest rates increase, interest is also being drawn to trends in long-term US interest rates.
Currently, while the Dow Average and Nasdaq Index hit their highest values, the Nikkei Average has been in an adjustment phase for close to 2 months. Depending on NVIDIA's financial results, it is possible that the upward trend will intensify all at once. Since demand for generative AI is strong, market expectations for NVIDIA financial results are high. If financial results are good, semiconductor-related stocks will be bought, and the Nikkei Average is expected to test the 39,000 yen range. Conversely, it is possible that the trend will fall again. That positive content was evaluated in NVIDIA's financial results for February, and amid strong semiconductor stocks, the Nikkei AverageThe highest value was updated for the first time in 34 yearsI ran up to.
Multiple agencies have announced NVIDIA's first quarter financial results and second quarter guidance...