The recent volatility in the U.S. financial markets is due to"Rate Cut Trade" and "Trump Trade".It has emerged as the most popular trading theme at the moment.
The June consumer price index (CPI) in the United States fell more than expected, and with Chairman Powell's dovish comments, the Federal Reserve is expected to make its first interest rate cut of the year in September. Trump's favorability rating has expanded due to the first presidential debate and the shooting incidents, and in the United States,The beginning of the "Trump 2.0" era is expected.Being done.
For the "Trump trade" and the "rate cut trade," who is likely to benefit from both?
Bitcoin
On Monday, the Republican Party stated in its new platform that it will put an end to the Democratic Party's crackdown on cryptocurrencies and ensure the rights of Americans to safely store digital assets.
In other words,If Mr. Trump becomes president, there will be a significant change in the United States' stance on cryptocurrency.In addition, it has been recently revealed that Mr. Pence, Mr. Trump's vice presidential candidate, also has a large position in Bitcoin ETF (ETF), indicating the Republican stance on Bitcoin. $Fidelity Wise Origin Bitcoin Fund (FBTC.US)$).

This article uses automatic 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...