STIがサポートを突破しました。私たちは強気のままです

Riding on the "good news is bad news" sentiment now, US stock indices traded mixed overnight, with NASDAQ futures edging higher by only +0.46%. Consumer confidence index edged higher, showing that consumers are still generally optimistic regarding the state of the US economy. Further, last night's US 2-year treasury auction saw a weaker than expected auction causing the latest round of yields to climb higher. These two reasons may lead to further inflationary pressures on the economy. Investors are looking forward to US Fed speakers for comments on possible clues for policy outlook.

Asian markets saw a weaker start at the open of today's session following trickle down inflation-led jitters from the US markets. HSI dipped by -1.15% as the financial and property sector contributed as the biggest drag on the broad index. This follows after the possibility of a US Fed rate cut this year seems less likely following strong data from US. NIKKEI225 dipped by -0.16% as well as traders are more focused on the JPY for now with BoJ's board member Adachi latest statement saying that the central bank stands ready to use monetary policy only if the weakening of the JPY is prolonged. STI opened mixed this morning.

US Equities (4 Hour Chart) - [BEARISH ↘️ *] View unchanged as S&P futures is still consolidating and holding below 5338.50 resistance. We remain bearish for now, expecting price to drop lower towards 5230.50 support. Technical indicators are still advocating for a bearish scenario as well.

CMCSA US

UNH US

OXY US

XOM US

GOLD US

XAUUSD

AIA（1299 HK）

DBS（D05）

OCBC(O39)

アイザック・リム、CMT、CFTe