Market Summary 8th Jan 2024

Today's trading session was excellent. Following a challenging start to the year, we saw buying activity pick up exactly where we had hoped. A few key factors contributed to today's market movement. First, consumer inflation expectations were lower than anticipated, coming in at 3% instead of 3.3%. This matters a lot since the Federal Reserve (FED) wants to keep these expectations in check. Additionally, a FED official, Bostic, pointed out that inflation is decreasing quicker than expected. Another boost came from $NVIDIA(NVDA.US)$, a major tech company, whose stock price significantly increased, positively impacting the overall market.

US heat list: $Tesla(TSLA.US)$ $Boeing(BA.US)$ $Apple(AAPL.US)$ $Advanced Micro Devices(AMD.US)$ $Palantir(PLTR.US)$ $Marathon Digital(MARA.US)$ $Coinbase(COIN.US)$ $BABA(03012.MY)$ $NIO Inc(NIO.US)$ $ZIM Integrated Shipping(ZIM.US)$