Higher than expected growth
The US economy was more than expected in April-June (second quarter)Growth is acceleratingI did it. Real gross domestic product (GDP)The preliminary figures increased 2.8% per year from the previous fiscal year, double the growth rate of the previous fiscal year. It also surpassed market expectations by 2%. Private consumption also rose 2.3% above expectations. Personal consumption expenditure (PCE) excluding food and energyThe core price index rose 2.9%, which was lower than the previous quarterHowever, it surpassed expectations. According to the June durable goods statistics announced at the same time, orders (preliminary value) for non-defense capital goods (core capital goods) excluding aircraft increased by 1%, which is a high increase since the beginning of last year. The number of new US unemployment insurance claims last week decreased by 10,000 from the previous week to 0.23 million 5,000.
Is it the first fine
US Meta Platforms, which is Facebook's parent company, is the company's first from the European Union (EU)PenaltiesIt is expected that they will be judged. The fact that the classified advertisement service “Facebook Marketplace” is attached to Facebook's social network is viewed as a problem because it is worth abusing its overwhelming position in the classified advertisement market. According to officials, the EU's decision will be announced within a few months. EU trip...
The US economy was more than expected in April-June (second quarter)Growth is acceleratingI did it. Real gross domestic product (GDP)The preliminary figures increased 2.8% per year from the previous fiscal year, double the growth rate of the previous fiscal year. It also surpassed market expectations by 2%. Private consumption also rose 2.3% above expectations. Personal consumption expenditure (PCE) excluding food and energyThe core price index rose 2.9%, which was lower than the previous quarterHowever, it surpassed expectations. According to the June durable goods statistics announced at the same time, orders (preliminary value) for non-defense capital goods (core capital goods) excluding aircraft increased by 1%, which is a high increase since the beginning of last year. The number of new US unemployment insurance claims last week decreased by 10,000 from the previous week to 0.23 million 5,000.
Is it the first fine
US Meta Platforms, which is Facebook's parent company, is the company's first from the European Union (EU)PenaltiesIt is expected that they will be judged. The fact that the classified advertisement service “Facebook Marketplace” is attached to Facebook's social network is viewed as a problem because it is worth abusing its overwhelming position in the classified advertisement market. According to officials, the EU's decision will be announced within a few months. EU trip...
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Meeting next week
The Bank of Japan will meet next week at its monetary policy meetingReuters reported that there is a high possibility that they will announce a plan to almost halve the bond purchase amount over the next few years while considering interest rate hikes, as the story of people involved familiar with the situation.The 9-member policy committee agreed on the view that there is a need to raise interest rates in the near future, but it is said that the people involved stated to Reuters that there is no consensus on whether this is next week or the period after the end of the year.
Israeli prime minister
Israeli Prime Minister Netanyahu made a speech at the US Congress and appealed that it is necessary for Israel and the United States to maintain unity in the war against the Islamic organization Hamas. Many members of the Democratic Party boycotted speeches, and outside the parliament building, police used tear spray to control the demonstrators. The prime minister said, “What happens when we stand up together is very simple. In other words, we win and they lose,” he said. Like President Biden, Mr. Harris will meet with Prime Minister Netanyahu on the 25th. Prime Minister Netanyahu said in his speech, “Mr. Biden”Proud ZionistWhile praising and expressing appreciation, there was a tiger at Mar Arago in Florida on the 26th...
The Bank of Japan will meet next week at its monetary policy meetingReuters reported that there is a high possibility that they will announce a plan to almost halve the bond purchase amount over the next few years while considering interest rate hikes, as the story of people involved familiar with the situation.The 9-member policy committee agreed on the view that there is a need to raise interest rates in the near future, but it is said that the people involved stated to Reuters that there is no consensus on whether this is next week or the period after the end of the year.
Israeli prime minister
Israeli Prime Minister Netanyahu made a speech at the US Congress and appealed that it is necessary for Israel and the United States to maintain unity in the war against the Islamic organization Hamas. Many members of the Democratic Party boycotted speeches, and outside the parliament building, police used tear spray to control the demonstrators. The prime minister said, “What happens when we stand up together is very simple. In other words, we win and they lose,” he said. Like President Biden, Mr. Harris will meet with Prime Minister Netanyahu on the 25th. Prime Minister Netanyahu said in his speech, “Mr. Biden”Proud ZionistWhile praising and expressing appreciation, there was a tiger at Mar Arago in Florida on the 26th...
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At the monetary policy meeting to be held next week, only about 30% of economists expect that additional interest rate increases will be decided along with a reduction plan for government bond purchases.
Research Report: 70% maintained the status quo at the BOJ July meeting - 40% were concerned about weak consumption
What was pointed out as a reason to anticipate interest rate hikes being postponed at this meeting is sluggish private consumption. In the survey, 43% answered that private consumption is too weak for interest rate hikes now. Mori Shotaro, senior economist at SBI Shinsei Bank, said, “Based on the fact that consumption continues to stagnate, I believe it is necessary to determine the degree of impact of wage increases over the summer on consumption and prices in order to take additional interest rate increases.”
There are many views that the simultaneous decision with the reduction plan for government bond purchases has raised the hurdle for raising interest rates. In response to the question of whether they think the decision on the reduction plan lowered the possibility of interest rate hikes, “yes” and “no” lined up at 41%. President Kazuo Ueda has stated that simultaneous decisions are “quite possible.”
BNP Paribas Securities'sChief economist Ryutaro Kono pointed out that if interest rates are raised at this meeting, there is a possibility that the market will begin expecting interest rate hikes once every 4 months or so. Economics/goods...
Research Report: 70% maintained the status quo at the BOJ July meeting - 40% were concerned about weak consumption
What was pointed out as a reason to anticipate interest rate hikes being postponed at this meeting is sluggish private consumption. In the survey, 43% answered that private consumption is too weak for interest rate hikes now. Mori Shotaro, senior economist at SBI Shinsei Bank, said, “Based on the fact that consumption continues to stagnate, I believe it is necessary to determine the degree of impact of wage increases over the summer on consumption and prices in order to take additional interest rate increases.”
There are many views that the simultaneous decision with the reduction plan for government bond purchases has raised the hurdle for raising interest rates. In response to the question of whether they think the decision on the reduction plan lowered the possibility of interest rate hikes, “yes” and “no” lined up at 41%. President Kazuo Ueda has stated that simultaneous decisions are “quite possible.”
BNP Paribas Securities'sChief economist Ryutaro Kono pointed out that if interest rates are raised at this meeting, there is a possibility that the market will begin expecting interest rate hikes once every 4 months or so. Economics/goods...
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Put economic unease at the center of the election campaign and make it the party's biggest responsibility - Mr. Harris
As a former prosecutor I 'know a type like Donald Trump'
At a meeting in Milwaukee, Wisconsin on the 23rd, Mr. Harris stated that what the United States is confronted with is “two diametrically opposed visions, one focusing on the future and the other on the past.” The audience was inspired by the fact that they could win against Mr. Trump in the November election.
Mr. Harris competed against Mr. Trump “proudly with his own actions up until now,” and when he became president, he declared that “strengthening the middle class will be a decisive goal.”
As a policy agenda, it was emphasized that emphasis will be placed on extending medical care, childcare, and paid family leave to all citizens. He placed anxiety about the economy at the center of the election campaign, took it as the Democratic Party's biggest responsibility, and stated that it aimed to resolve it.
“We are not going back. “Because our fight is a fight for the future,” Harris said. “A future where every citizen has an opportunity not only to survive, but to move forward. A future where no child grows up in poverty, and all workers have the freedom to join labor unions. we...
As a former prosecutor I 'know a type like Donald Trump'
At a meeting in Milwaukee, Wisconsin on the 23rd, Mr. Harris stated that what the United States is confronted with is “two diametrically opposed visions, one focusing on the future and the other on the past.” The audience was inspired by the fact that they could win against Mr. Trump in the November election.
Mr. Harris competed against Mr. Trump “proudly with his own actions up until now,” and when he became president, he declared that “strengthening the middle class will be a decisive goal.”
As a policy agenda, it was emphasized that emphasis will be placed on extending medical care, childcare, and paid family leave to all citizens. He placed anxiety about the economy at the center of the election campaign, took it as the Democratic Party's biggest responsibility, and stated that it aimed to resolve it.
“We are not going back. “Because our fight is a fight for the future,” Harris said. “A future where every citizen has an opportunity not only to survive, but to move forward. A future where no child grows up in poverty, and all workers have the freedom to join labor unions. we...
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The top Democratic Party expressed support for Mr. Harris, and Mr. Biden explained it to the public
A sense of caution about high prices for high-tech stocks, is it a folding iPhone, or Hitachi is going to sell its holdings
Top management expressed support
US Vice President Harris is from House General Secretary Schumer, the top Democratic Senate, and General Manager Jeffries, the top Democratic House of RepresentativesGet supportI did it. Since President Biden announced his abandonment of re-election, the Democratic Party has rapidly settled in support of Mr. Harris. He raised more than 100 million dollars in funds after the 21st. The ABC reported that Pennsylvania Governor Shapiro and Senator Mark Kelly (Arizona) have emerged as leading candidates as companions of Mr. Harris.
Explain to the public
US President Biden addressed his decision to abandon re-election from the White House Oval Office to the public at 8:00 p.m. on the 24th Washington timespeechesI'll do it. When I made a speech “about the future and how to fulfill our responsibilities for the American people,” I posted it on X. Mr. Biden will return to the White House on the 23rd from his home in Delaware where he had been recuperating due to the novel coronavirus infection. Speculation flew over about his health, but according to the attending physician, the symptoms were “almost completely...
A sense of caution about high prices for high-tech stocks, is it a folding iPhone, or Hitachi is going to sell its holdings
Top management expressed support
US Vice President Harris is from House General Secretary Schumer, the top Democratic Senate, and General Manager Jeffries, the top Democratic House of RepresentativesGet supportI did it. Since President Biden announced his abandonment of re-election, the Democratic Party has rapidly settled in support of Mr. Harris. He raised more than 100 million dollars in funds after the 21st. The ABC reported that Pennsylvania Governor Shapiro and Senator Mark Kelly (Arizona) have emerged as leading candidates as companions of Mr. Harris.
Explain to the public
US President Biden addressed his decision to abandon re-election from the White House Oval Office to the public at 8:00 p.m. on the 24th Washington timespeechesI'll do it. When I made a speech “about the future and how to fulfill our responsibilities for the American people,” I posted it on X. Mr. Biden will return to the White House on the 23rd from his home in Delaware where he had been recuperating due to the novel coronavirus infection. Speculation flew over about his health, but according to the attending physician, the symptoms were “almost completely...
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![[5 books this morning] Selected news to read before starting work](https://sgsnsimg.moomoo.com/sns_client_feed/181760792/20240724/2dda2deeb9798e90faa010be1167edb5.jpg/thumb?area=105&is_public=true)
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Ken_USstock
commented on
To confirm the recovery in consumption with future data,Some officials say send-off is appropriate this time
Prices are moving as expected, and some officials are positive, and they are also aware of the risk of missing out on opportunities
At the monetary policy meeting to be held by the Bank of Japan next week, the judgment on whether private consumption, which is currently weak, will go through additional interest rate increases is complicated. I found out through interviews with multiple stakeholders.
According to officials, some Bank of Japan officials want to confirm with future data and information whether private consumption will recover as expected against the backdrop of high levels of wage increases.I think putting off interest rate hikes is a reasonable option at this meeting。
It is said that there is also a sense of caution that it will be perceived as if the Bank of Japan is in a hurry to raise interest rates.
At the same time, since current inflation trends are moving in line with the Bank of Japan's scenario, officials pointed out that there are also officials who are positive about raising interest rates at this meeting. While policy interest rates are at an extremely low level of 0-0.1%, there are also voices that are aware of the risk of missing out on opportunities based on strong uncertainty about the future.
The Bank of Japan will make a final decision on whether or not to raise interest rates at the 30th and 31st meetings after determining the economic and price situation and market trends until just before the meeting.
Prices are moving as expected, and some officials are positive, and they are also aware of the risk of missing out on opportunities
At the monetary policy meeting to be held by the Bank of Japan next week, the judgment on whether private consumption, which is currently weak, will go through additional interest rate increases is complicated. I found out through interviews with multiple stakeholders.
According to officials, some Bank of Japan officials want to confirm with future data and information whether private consumption will recover as expected against the backdrop of high levels of wage increases.I think putting off interest rate hikes is a reasonable option at this meeting。
It is said that there is also a sense of caution that it will be perceived as if the Bank of Japan is in a hurry to raise interest rates.
At the same time, since current inflation trends are moving in line with the Bank of Japan's scenario, officials pointed out that there are also officials who are positive about raising interest rates at this meeting. While policy interest rates are at an extremely low level of 0-0.1%, there are also voices that are aware of the risk of missing out on opportunities based on strong uncertainty about the future.
The Bank of Japan will make a final decision on whether or not to raise interest rates at the 30th and 31st meetings after determining the economic and price situation and market trends until just before the meeting.
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2
retreating
BidenThe US President (81) revealed in a post to X (old Twitter) that he would withdraw from the presidential election. On top of that, it was stated that they would support Vice President Harris (59) as the presidential candidate of the Democratic Party.
It was less than 4 months until the presidential election vote, and the decision was made a few weeks ahead of the Democratic National Convention (DNC). Mr. Biden said he would give a detailed explanation to the public during this week. “Now is the time for the Democratic Party to unite and overthrow Mr. Trump,” she posted. Former President Clinton and his wife expressed support for Mr. Harris.
Local Remedies
China'sXi JinpingThe President of the State revealed a sweeping plan to strengthen the financial situation of local governments with debt. In a document released by the state-run Xinhua News Agency on the 21st, it was stated that an increase in consumption tax revenue received by local authorities would be gradually permitted, and it was suggested that more revenue would shift from the central government to regional financial resources.
While Mr. Xi is fine-tuning policies for risk management, it suggests that there are no major changes in the comprehensive plan to focus on advanced manufacturing to drive the Chinese economy.
Half deficient
US Currency Supervisory Authority (OCC) is half of the major banks that supervise, and from cyber attacks to employee scandals...
BidenThe US President (81) revealed in a post to X (old Twitter) that he would withdraw from the presidential election. On top of that, it was stated that they would support Vice President Harris (59) as the presidential candidate of the Democratic Party.
It was less than 4 months until the presidential election vote, and the decision was made a few weeks ahead of the Democratic National Convention (DNC). Mr. Biden said he would give a detailed explanation to the public during this week. “Now is the time for the Democratic Party to unite and overthrow Mr. Trump,” she posted. Former President Clinton and his wife expressed support for Mr. Harris.
Local Remedies
China'sXi JinpingThe President of the State revealed a sweeping plan to strengthen the financial situation of local governments with debt. In a document released by the state-run Xinhua News Agency on the 21st, it was stated that an increase in consumption tax revenue received by local authorities would be gradually permitted, and it was suggested that more revenue would shift from the central government to regional financial resources.
While Mr. Xi is fine-tuning policies for risk management, it suggests that there are no major changes in the comprehensive plan to focus on advanced manufacturing to drive the Chinese economy.
Half deficient
US Currency Supervisory Authority (OCC) is half of the major banks that supervise, and from cyber attacks to employee scandals...
Translated
US President Biden (81) revealed in a post to X (old Twitter) on the 21st that he will withdraw from the presidential election. On top of that, it was clarified that they would support Vice President Harris (59) as the Democratic Party's presidential candidate.
It was less than 4 months until the presidential election vote, and the decision was made a few weeks ahead of the Democratic National Convention (DNC).
Mr. Biden posted, “It was my intention to aim for re-election, but I believe it is in the best interest of the party and country for the rest of my term to concentrate on completing my duties as president.” It was decided that a detailed explanation would be given to the public by the end of this week.
Mr. Biden explained that he decided to focus all his energy on his duties as the incumbent president for the rest of his term without accepting the presidential nomination.
“I fully support Kamala (Vice President Harris) as the Democratic Party candidate in this year's election. Now is the time for the Democratic Party to unite and overthrow Mr. Trump.”
Vice President Harris said he was honored to support Mr. Biden and stated in a statement that “we aim to defeat Donald Trump and do our utmost to unite the Democratic Party and our country as a whole”...
It was less than 4 months until the presidential election vote, and the decision was made a few weeks ahead of the Democratic National Convention (DNC).
Mr. Biden posted, “It was my intention to aim for re-election, but I believe it is in the best interest of the party and country for the rest of my term to concentrate on completing my duties as president.” It was decided that a detailed explanation would be given to the public by the end of this week.
Mr. Biden explained that he decided to focus all his energy on his duties as the incumbent president for the rest of his term without accepting the presidential nomination.
“I fully support Kamala (Vice President Harris) as the Democratic Party candidate in this year's election. Now is the time for the Democratic Party to unite and overthrow Mr. Trump.”
Vice President Harris said he was honored to support Mr. Biden and stated in a statement that “we aim to defeat Donald Trump and do our utmost to unite the Democratic Party and our country as a whole”...
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A product known as “endpoint detection and response (EDR)” software developed by Cloud Strike continuously scans machines for signs of suspicious activity and automatically responds.
Global IT Initiates Airlines, Banks And Retailers© Photograph: Ezra Acayan/Getty Images
However, in order to do this, it is necessary to give such programs access rights to check whether there are any security flaws in the core part of the computer operating system. This access also gives such a program the ability to disrupt the system it is trying to protect. That is exactly what caused Microsoft's basic software (OS) “Windows” to stop functioning on the 19th.
The person in charge of Cloud Strike acknowledged that the current global system failure was due to a problem with the company's software “Falcon.”
The company said in a statement on the 19th, “This is for Windows hosts...
Global IT Initiates Airlines, Banks And Retailers© Photograph: Ezra Acayan/Getty Images
However, in order to do this, it is necessary to give such programs access rights to check whether there are any security flaws in the core part of the computer operating system. This access also gives such a program the ability to disrupt the system it is trying to protect. That is exactly what caused Microsoft's basic software (OS) “Windows” to stop functioning on the 19th.
The person in charge of Cloud Strike acknowledged that the current global system failure was due to a problem with the company's software “Falcon.”
The company said in a statement on the 19th, “This is for Windows hosts...
Translated
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