[Morning Report] Rapid yen rebound, 154 yen range at 1 time - Kanda Treasurer did not mention whether or not to intervene, Tesla rose drastically, and China tentatively approved autonomous driving
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,000 yen - 38,500 yen (26th closing price 37,934 yen 76 sen)
● Rapid yen rebound, 154 yen level at one point - Kanda Treasurer did not mention whether or not there was intervention
● Tesla has partnered with Baidu for significantly higher FSD in China and obtained provisional approval from the Chinese government
● [Financial Report] MicroStrategy (MSTR) 24Q1 financial results: sales of 114.9 million dollars (expected 121.8 billion dollars), BTC holdings 214,400
● China BYD's sales fall short of expectations - aggressive EV price cuts are putting pressure on profits
● Apple's “iPad” was also added to regulation targets, targeted by the EU Digital Market Law
● Open AI signs agreement with English newspaper FT - use of content for ChatGPT
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 38,000 yen - 38,500 yen (26th closing price 37,934 yen 76 sen)
● Rapid yen rebound, 154 yen level at one point - Kanda Treasurer did not mention whether or not there was intervention
● Tesla has partnered with Baidu for significantly higher FSD in China and obtained provisional approval from the Chinese government
● [Financial Report] MicroStrategy (MSTR) 24Q1 financial results: sales of 114.9 million dollars (expected 121.8 billion dollars), BTC holdings 214,400
● China BYD's sales fall short of expectations - aggressive EV price cuts are putting pressure on profits
● Apple's “iPad” was also added to regulation targets, targeted by the EU Digital Market Law
● Open AI signs agreement with English newspaper FT - use of content for ChatGPT
— MooMoo News Kathy
Market Overview
In the US stock market on the 29th, the NY Dow Average continued to rise to 38,386 dollars 09 cents, 146 dollars higher than the previous business day. The Nasdaq Composite Stock Price Index was 15,83.084, which was 55.184 points higher. The Tokyo Stock Exchange on the 30th is expected to continue to rise in the risk selection mode, and the Nikkei Stock Average will continue to rise and recover to the 38,000 yen level.
In the US stock market on the 29th, the NY Dow Average continued to rise to 38,386 dollars 09 cents, 146 dollars higher than the previous business day. The Nasdaq Composite Stock Price Index was 15,83.084, which was 55.184 points higher. The Tokyo Stock Exchange on the 30th is expected to continue to rise in the risk selection mode, and the Nikkei Stock Average will continue to rise and recover to the 38,000 yen level.
Top news
Rapid yen rebound, 154 yen level at 1 time - Kanda Treasurer did not mention whether or not there was intervention
The yen exchange rate suddenly rebounded in the foreign exchange market on the 29th. After hitting the 160 yen level against the dollar and breaking the low range for the first time in 34 years, it temporarily rose to the 154 yen level. There is a growing sense of caution against yen buying intervention by the Japanese currency authorities in the market.
Related articles:The transaction volume of yen was the largest of 98 billion dollars this year on the 29th - CME Group
Rapid yen rebound, 154 yen level at 1 time - Kanda Treasurer did not mention whether or not there was intervention
The yen exchange rate suddenly rebounded in the foreign exchange market on the 29th. After hitting the 160 yen level against the dollar and breaking the low range for the first time in 34 years, it temporarily rose to the 154 yen level. There is a growing sense of caution against yen buying intervention by the Japanese currency authorities in the market.
Related articles:The transaction volume of yen was the largest of 98 billion dollars this year on the 29th - CME Group
Tesla has partnered with Baidu for significantly higher FSD in China and obtained provisional approval from the Chinese government
$Tesla(TSLA.US$is significantly higher. It was reported that they will partner with Baidu (Baidu) for the development of fully automated driving (FSD) in the Chinese market. The company has also obtained provisional approval from the Chinese government, and it is said that it has also passed important requirements relating to data security and privacy in the FSD. In order to develop FSD, we will partner with Baidu for map and navigation functions.
$Tesla(TSLA.US$is significantly higher. It was reported that they will partner with Baidu (Baidu) for the development of fully automated driving (FSD) in the Chinese market. The company has also obtained provisional approval from the Chinese government, and it is said that it has also passed important requirements relating to data security and privacy in the FSD. In order to develop FSD, we will partner with Baidu for map and navigation functions.
[Financial Report] MicroStrategy (MSTR) 24Q1 financial results: sales of 114.9 million dollars (expected 121.8 billion dollars), BTC holdings 214,400
Enterprise software manufacturer, US $MicroStrategy(MSTR.US$has announced financial results for the 1st quarter of 2024.
Enterprise software manufacturer, US $MicroStrategy(MSTR.US$has announced financial results for the 1st quarter of 2024.
China BYD's sales fall short of expectations — aggressive EV price cuts are putting pressure on profits
China's largest electric vehicle (EV) company, $BYD Co.(BYDDF.US$Sales did not reach expectations in the January-March (1st quarter) financial results. Price cuts that have extended to most of the lineup have had an impact on business results.
China's largest electric vehicle (EV) company, $BYD Co.(BYDDF.US$Sales did not reach expectations in the January-March (1st quarter) financial results. Price cuts that have extended to most of the lineup have had an impact on business results.
Apple's “iPad” was also added to regulation targets, targeted by the EU Digital Market Law
paddy $Apple(AAPL.US$The tablet “iPad (iPad)” has been added to the regulation target of the European Union (EU) Digital Market Law (DMA). DMA aims to prevent unfair competition from leading technology companies' products and services in advance.
Related articles:Apple continues to grow, analysts raise investment decisions to “buy”
paddy $Apple(AAPL.US$The tablet “iPad (iPad)” has been added to the regulation target of the European Union (EU) Digital Market Law (DMA). DMA aims to prevent unfair competition from leading technology companies' products and services in advance.
Related articles:Apple continues to grow, analysts raise investment decisions to “buy”
Open AI signs agreement with English paper FT - use of content for ChatGPT
US Open AI, which developed the interactive artificial intelligence (AI) “ChatGPT,” will begin using content belonging to the English Financial Times (FT). Incorporate FT summaries, quotes, and links into ChatGPT answers.
US Open AI, which developed the interactive artificial intelligence (AI) “ChatGPT,” will begin using content belonging to the English Financial Times (FT). Incorporate FT summaries, quotes, and links into ChatGPT answers.
Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 30th = continued increase, recovering to 38,000 yen due to strong US stocks
Stock exchange rate forecast for the 30th = continued increase, recovering to 38,000 yen due to strong US stocks
Foreign substitutes
Key Market Events
![[Morning Report] Rapid yen rebound, 154 yen range at 1 time - Kanda Treasurer did not mention whether or not to intervene, Tesla rose drastically, and China ten...](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240430/e0018abbc244d36ea9483d33f0036899.png/big?area=105&is_public=true)
Distribution source: Dow Jones, MINKABU, Fisco, Bloomberg, Wells Advisor, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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181338057犬心久美子 : Vice Minister of Finance Kanda's surrounded by reporters
were shining brightly
I think the exchange rate intervened
From an expression where the head and smile
99%
But hey... again, if I can go back soon
I feel it. Spending 9 trillion yen to the original wooden net
It would be nice if it didn't happen, though.
暇老人 : Will it go back to 160 yen?
181338057犬心久美子 暇老人: Thank you very much for your comments. Interest rates have remained high in the US, haven't they? The Bank of Japan has calmed down a bit now, but the Bank of Japan has no choice but to raise interest rates.
181338057犬心久美子 181338057犬心久美子: Everyone who liked it
Thank you very much.
181338057犬心久美子 : wow
