What to Expect in the Week Ahead (Non Farm Payrolls and Fed Powell Speech; Earnings From Carnival and Nike)
It Was a September to Remember for Stocks - But October Presents Fresh Challenges for the Rally
Three key points to watch in next week's market: US employment statistics, BOJ Tankan survey, US ISM manufacturing index.
■Stock Market Outlook Forecast Range: Upper limit 38,000 yen - Lower limit 37,000 yen. The Nikkei average showed a strong upward trend for the second consecutive day, breaking through the 75-day moving average line (75MA: 38,293 yen) level for the first time in about two months. However, after the market close on the 27th at around 3:20 p.m., when it was reported that Shigeru Ishiba was chosen as the 28th President of the Liberal Democratic Party, the dollar-yen fell to the 142 yen range in the foreign exchange market. In the evening session of the Osaka Securities Exchange, the Nikkei 225 futures closed 2,410 yen lower at 37,440 yen compared to the daytime closing price.
Goldman Sachs top traders respond to investors' most pressing question: Global stock markets, should you chase gains or not?
Goldman Sachs' head of hedge fund research Tony Pasquariello stated in the latest report that he still believes the market's main trend is upward, and certainly does not intend to stand in front of the central bank's 'cannons,' however, the market has already priced in much of these. There are two additional factors to pay attention to: earnings season and the US presidential election. China's policies have shifted, marking the beginning of a new trading cycle.
Weekly Buzz: What Pushed up Stock Prices Better than Rate Cuts? Government Stimulus!
Wall Street Today | Slow Friday Market Sees Pull Back
'Sell in May' Was a Costly Mistake. Should You Buy Stocks Now at Record Highs?
US Dollar Declines as PCE Falls, Markets Confident of Larger November Cut
Moovin Stonks : Inflation at 3 Year Low, China Stocks are on a Tear This Week
US Morning News Call | Stock Futures Hold Steady as Traders Await Fed's Preferred Inflation Report
US Stock Market Continue to Trend Higher
"Black Swan Fund" founder: US stocks, gold, and digital currency may experience a flash crash, timing will be before the end of the year.
Spitznagel predicts that by the end of this year, the global market may suffer an "impact" due to economic slowdown. The Fed's lowering of borrowing costs should make investors concerned and consider more about the trend of stock prices next year. Bonds may be a safe haven.
US Core PCE Set to Show Continued Disinflation Trend, Reinforcing Federal Reserve Easing Cycle
Fed's Inflation Measure Is Out Friday. Expect Another Benign Reading
Wall Street Wants More Big Rate Cuts. Fed Officials Don't Agree
9/27 [Strength and weakness materials]
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Wall Street Today | MU Leads, Chinese Stocks Follow while S&P 500 Hits Highs
Chinese Retail Stocks Climb Most in Two Years, Market in the Green Thursday
Fed Watch: Fed Officials Focus on Banking, No New Comments on Economy, Monetary Policy
Micron's Share Price Rally Boosts Appeal of $115 Call Options as Earnings Beat