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[Morning Report] 2024 US Economic Growth Forecast Will Grow Brighter All at Once in Six Months - Economist Survey EU, Apple, Meta, etc.

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moomooニュース米国株 wrote a column · Mar 25 18:12
[Morning Report] 2024 US Economic Growth Forecast Will Grow Brighter All at Once in Six Months - Economist Survey EU, Apple, Meta, etc.
Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 40,000 yen to 40,500 yen (25th closing price 4414 yen 12 sen)
● 2024 US Economic Growth Forecast Will Brighten All at Once in Six Months - Economist Survey
● Chicago Fed President predicts 3 interest rate cuts by the end of the year
● FRB Director Cook has no choice but to take a “careful approach” to interest rate cuts
● Japan's intervention risk rises in the $1 = 152-155 yen zone - BoFA
● Surveys of the EU, Apple, Meta, etc. based on the Digital Market Act
● Super Micro continued to grow for 3 days, and 1000 dollar recovery analysts began coverage by “buying”
● Bitcoin recovered to 70,000 dollars after being bought back into virtual currency-related stocks
● NY gold is leading the way in futures buying in the highest price range, and money is also used in ETFs
-MOOMOO NEWS Amelia
Market Overview
In the US stock market on the 25th, the NY Dow Average continued to fall to 39,313 dollars 64 cents, which was 162 dollars 26 cents lower than the previous business day. The Nasdaq Composite Stock Price Index was 16,384.467, down 44.352 points. Amid strong and weak views in the Tokyo stock market on the 26th, the Nikkei Stock Average is expected to go back and forth in the first half of the 40,000 yen range.
Top news
2024 US Economic Growth Forecast Will Brighten All at Once in Six Months - Economist Survey
Economists are clearly more positive about the outlook for the US economy than they were six months ago. Strong employment growth is promoting private consumption and growth without hindering progress in controlling inflation, so growth is expected to be about the same as 2023.
Chicago Fed President predicts three interest rate cuts by the end of the year
President Austan Goolsby of the US Chicago Area Federal Reserve revealed his forecast on the 25th that interest rate cuts of 0.25 points will be implemented 3 times by the end of the year.
FRB Director Cook has no choice but to take a “careful approach” to interest rate cuts
Director Cook of the US Federal Reserve (FRB) expressed the view that the Federal Open Market Committee (FOMC) is forced to take a cautious approach to interest rate cuts, assuming that inflation takes time to slow down in part of the economy.
Japan's intervention risk rises in the $1 = 152-155 yen zone - BoFA
Bank of America (BoFA) strategists Yamada Shusuke and Megan Swyver pointed out that when the dollar rises to the 1 dollar = 152-155 yen zone against the yen, or when the one-month implied volatility (IV, predicted fluctuation rate) rises above 10 from around 8 to 10, the risk of exchange intervention by the Japanese authorities increases.
EU, Apple, Meta, etc. investigate based on the Digital Markets Act
The European Union (EU) announced on the 25th based on the newly introduced Digital Market Law (DMA) $Apple(AAPL.US)$ $Meta Platforms(META.US)$ , the parent company of Google $Alphabet-A(GOOGL.US)$ It was revealed that investigations against the three major US IT companies have begun. Regulators' scrutiny of the US tech industry is intensifying globally.
Super Micro continued to grow for 3 days, and 1000 dollar recovery analysts began coverage by “buying”
$Super Micro Computer(SMCI.US)$ It continued to grow for 3 days, and it has once again recovered to the 1000 dollar mark. Today, analysts began coverage with a “buy,” and the target stock price was set at 1150 dollars.
Bitcoin recovered to 70,000 dollars after being bought back into virtual currency-related stocks
Buybacks for virtual currency-related stocks are intensifying today. Buying on Bitcoin is once again intensifying, and since it has recovered to the 70,000 dollar range, related stocks have also risen. Bitcoin's adjustments were rapidly intensifying last week. However, since FOMC maintained a pigeon faction stance, it seems that they are buying again out of a sense of security.
NY gold is leading the way in futures buying in the highest price range, and money is also in ETFs
The international price of gold (gold) is moving in the highest price range. Futures buying of short-term money such as hedge funds will take the lead by factoring in interest rate cuts by the US Federal Reserve (Fed). There has also been a movement where funds from long-term investors flow into exchange-traded funds (ETFs) of money that have continued to flow out.
Foreign substitutes
Key Market Events
[Morning Report] 2024 US Economic Growth Forecast Will Grow Brighter All at Once in Six Months - Economist Survey EU, Apple, Meta, etc.
[Morning Report] 2024 US Economic Growth Forecast Will Grow Brighter All at Once in Six Months - Economist Survey EU, Apple, Meta, etc.

Distributor: Dow Jones, MINKABU, Bloomberg, Nihon Keizai Shimbun, Welshadvisor, Fisco
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • カクレクマノミ : I've also been investing in stocks for 10 years.
    It has gone through a major depreciation, but somehow it came on a positive note.
    I think it was good that it quickly diversified from Japanese stocks only to US stocks.
    No matter how long it's been, it's slow to cut losses, and even when selling, it's a missed win.
    It's been two months since I quit my part-time job and started date training, and I've been studying and accumulating experience day by day.
    I'm a single old man who immigrated to Okinawa and lives alone, thank you for your support.

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