Good morning to all moomoo users!This is the morning market overview. Thank you in advance.
Market Overview
In the Tokyo stock market today, the Nikkei Stock Average started at 37,804.52 yen, down 300.34 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) started at 2,614.63, down 22.33 points.
Top News
BOJ Governor Ueda suggests continuing rate hikes, considering the appropriate scale and timing of policy normalization.
- On the 24th, BOJ Governor Kazuo Ueda stated that determining the appropriate scale and timing of further normalization of monetary easing policies is the top priority, hinting at considering further rate hikes. He stated, "Our efforts towards financial normalization have only just begun."
- Governor Ueda mentioned, "I am thinking about the overall scale of future normalization and how to allocate the timing of rate hikes," adding, "That's why I'm always sleepless." He responded to questions at an event in Washington where the International Monetary Fund (IMF) and World Bank annual meetings are being held.
The Bank of Japan's interest rate hike in December...

Good morning to all Moomoo users!The key points of this morning's first report are as follows.
●[Tokyo Stock Price Forecast Range] ¥0.73-¥0.80 million (Closing price on the 27th: ¥0.98 million 829 yen 56 sen)
●Dollar-Yen sharply declines to the 142 yen range in the first half, with no buybacks due to the sharp drop in Chicago Nikkei futures
●Mr. Ishiba shows a cautious stance on the BOJ's early additional rate hikes in response to the sharp appreciation of the yen at the end of last week
●Will the 'Takai Trade' lead to a stronger yen and a decline in stocks? Here are 3 selected high-dividend concept funds from Japan and the United States that you can rely on!
●Apple cancels investment negotiations with OpenAI
●Arm approaches Intel for the acquisition of its product division, but Intel refuses
- Moomoo News Mark
Market Overview
On the 27th, the U.S. stock market was mixed. The continuation of the trend of inflation easing was confirmed by the August PCE price index, leading to an increase after the opening. The significant easing pace, supported by speculation of a substantial interest rate cut following the slower-than-expected inflation, led to further gains. The Dow Jones Industrial Average rebounded. The University of Michigan Consumer Sentiment Index also surpassed expectations and rose sharply. Towards the end, concerns about the deteriorating situation in the Middle East led to a slowdown, but still reached all-time highs. Temporarily trading at 45...