Good morning, Moomoo users!The key points of the morning report today are as follows.
Expected range for Tokyo stock market: 760,000 to 810,000 yen (closing price on the 17th: 796,180 yen)
Quantitative tightening by the Federal Reserve, expected to end in 2025 - The New York Fed presents two scenarios.
The yen is in the mid-154 yen level, with concerns about yen depreciation and a halt in the 34-year low update due to the decrease in US interest rates.
NY Stock Highlights: Selling in semiconductor-related stocks from across the pond affects the market, pressuring the early expectations for a correction.
EU suspends formal investigation of Microsoft - refrains from making a massive investment in OpenAI.
LME copper rises as risk-taking recovers - other non-ferrous metals also see a general rise.
- Continuing to fall, adjusting selling pressure increases while waiting for Israel's counterattack = NY crude oil overview.
- Moomoo News Amelia
Market Summary
In the U.S. stock market on the 17th, the Dow Jones Industrial Average fell by $45.66 compared to the previous trading day, closing at 31.7753 cents, a decrease of 0.03 million7753 cents. The NASDAQ Composite Index was down 181.878 points at 0.01 million5683.373. On the 18th, the Tokyo stock market was dominated by selling pressure amid conflicting views, and the Nikkei Stock Average was sold in the latter half of the 0.03 million7000 yen range...