Market analysis

Market Update Report August 1, 2024

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Market analysis: US Stock Futures Climb on Strong Tech Earnings and Fed Decision US stock futures climbed higher on Thursday, led by a significant jump in tech-heavy Nasdaq 100 futures, up nearly 1% due to strong quarterly results from Meta Platforms. Futures Performance: - Nasdaq 100 Futures: Up nearly 1% Extended Trading Highlights: - Meta Platforms: Rallied more than 7% on better-than-expected second-quarter results and upbeat guidance. - Arm Holdings: Tumbled more than 10% after issuing weak guidance for the current quarter. Wednesday's Market Performance: - Dow Jones Industrial Average: Rose 0.24% - S&P 500: Gained 1.58% - Nasdaq Composite: Rallied 2.64% Sector Highlights: - Chip Stocks: - AMD: Rose 4.4% on a strong quarterly performance. - Nvidia: Soared 12.8% - Broadcom: Gained 12% - Taiwan Semiconductor: Increased 7.3% Market Drivers: - Federal Reserve Decision: The Fed held its funds rate unchanged, signaling readiness to cut interest rates in September if inflation continues to improve. This dovish stance contributed to the market rally. Investor Focus: - Upcoming Earnings Reports: Investors continue to monitor earnings from major tech firms and other key sectors. - Economic Data: The highly-anticipated monthly jobs report on Friday will be a key focus for investors, providing further insights into the labor market and potential Fed actions. Conclusion: Thursday's market activity is buoyed by strong tech earnings, particularly from Meta Platforms, and the Federal Reserve's dovish signals. The positive sentiment in tech stocks is driving broader market gains, with investors looking ahead to additional earnings reports and crucial economic data. Looking ahead, the odds for USTEC and US30 to challenge 19,800 pts and 41,300 pts are high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

2024-08-01 09:14 Malaysia

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Market analysis

Market Update Report July 31, 2024

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Market analysis: US Stock Futures Mixed Ahead of Big Tech Earnings and Fed Decision US stock futures were mixed on Wednesday as investors evaluated major tech earnings and awaited the Federal Reserve's latest monetary policy decision. Futures Performance: - Dow Futures: Fell 0.4% - S&P 500 Futures: Rose 0.2% - Nasdaq 100 Futures: Rose 0.7% Extended Trading Highlights: - Microsoft: Tumbled 2.7% as disappointing cloud results overshadowed better-than-expected earnings and revenue. - AMD: Jumped 7.6% on strong quarterly results. - Nvidia: Rose 5%, buoyed by AMD's positive performance. Tuesday's Market Performance: - Dow Jones Industrial Average: Gained 0.5% - S&P 500: Fell 0.5% - Nasdaq Composite: Dropped 1.28% Market Dynamics: - Rotation Out of Megacap Tech: Investors continued to move away from megacap tech stocks amid doubts over the sustainability of the AI rally, focusing instead on more traditional sectors of the US economy. Investor Focus: - Earnings Reports: More earnings reports are expected on Wednesday, which will provide further insights into corporate performance and economic outlook. - Federal Reserve Policy Decision:** The market is closely watching the Fed's policy announcement for any indications regarding future interest rate cuts. Conclusion: Wednesday's market movements are likely to be influenced by the ongoing earnings season and the Federal Reserve's policy decisions. Investors will be parsing through big tech earnings and economic data to make informed decisions on their portfolios. Looking ahead, the odds for USTEC and US30 to challenge key level at 19,200 pts and 41,000 pts are high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

2024-07-31 15:58 Malaysia

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Market analysis

Market Update Report July 30, 2024

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Market analysis: US Stock Futures Ease as Investors Await Key Earnings and Fed Meeting US stock futures eased on Tuesday as investors cautiously awaited key earnings reports and the start of the Federal Reserve’s two-day policy meeting. Key Earnings Reports: - Before Market Open: JetBlue, Merck, Pfizer, PayPal, Procter & Gamble - After Market Close: AMD, Microsoft, Starbucks Federal Reserve Outlook: - The Federal Reserve is widely expected to hold interest rates steady this week, with expectations of a potential rate cut in September. Extended Trading Highlights: - CrowdStrike: Fell more than 5% following reports that Delta Air Lines hired an attorney to seek damages from CrowdStrike and Microsoft after an outage caused thousands of flight cancellations. Monday's Market Performance: - Dow Jones Industrial Average: Fell 0.12% - S&P 500: Inched up 0.08% - Nasdaq Composite: Gained 0.07% Notable Stock Movements: - Tesla: Jumped 5.6% following an upgrade recommendation from Morgan Stanley. - On Semiconductor: Soared 11.5% on strong quarterly results. - McDonald's: Rose 3.7% on robust earnings. Investor Focus: Investors are closely watching the earnings reports from major companies and any signals from the Federal Reserve’s policy meeting. The performance of key stocks and sectors, particularly technology and consumer goods, will be critical in determining market sentiment. Conclusion: Tuesday’s market activity is expected to be influenced by the anticipated earnings reports and the Federal Reserve’s policy meeting. Investors will be seeking insights from corporate earnings and Fed statements to gauge the economic outlook and potential market direction. Looking ahead, the odds for USTEC and US30 to challenge key level at 18,780 pts and 40,150 pts are very high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

2024-07-30 14:31 Malaysia

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Market analysis

Market Update Report July 29, 2024

Related product: Forex,Others,Others,Stock,Others,Others

Market analysis: US Stock Futures Rise Ahead of Major Earnings and Fed Decision US stock futures rose on Monday as investors anticipate another round of earnings reports from mega-cap technology companies and look forward to the Federal Reserve's policy decision later this week. Key Earnings Reports: - Mega-Cap Tech Companies: - Apple - Amazon - Microsoft - Meta Platforms Other Major Firms Reporting This Week: - McDonald’s - Starbucks - Boeing - Exxon Mobil - Chevron Market Performance Last Week: - S&P 500: Fell 0.83% - Nasdaq Composite: Dropped 2.08% - Dow Jones Industrial Average: Gained 0.75% - Russell 2000: Rose 3.5% Market Dynamics: Investors are rotating out of mega-cap tech stocks into interest rate-sensitive sectors such as small-cap stocks. This shift reflects growing anticipation of the Federal Reserve's policy decisions and their potential impact on various market sectors. Federal Reserve Outlook: - The Federal Reserve is widely expected to hold interest rates steady at its upcoming meeting. - Traders are looking for signals on the Fed's approach to rate cuts in the coming months. Economic Data: - The Fed-preferred PCE price index report for June came largely in line with expectations, providing further context for the Fed's policy considerations. Investor Focus: Investors will be closely monitoring earnings reports from major tech companies and other key firms, as well as the Federal Reserve's statements, to gauge future market direction and economic outlook. Conclusion: This week's market activity will be heavily influenced by earnings reports from major corporations and the Federal Reserve's policy decision. The performance of mega-cap tech stocks and signals from the Fed on interest rate policies will be critical in shaping investor sentiment and market movements. Based on the stock market activity, it seems like the market is resuming its profit taking phase and a possible push up is very likely to happen in USTEC and US30 as both of them closed above 19,000 pts and 40,000 pts respectively. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

2024-07-29 11:20 Malaysia

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Industry8月12日行情提醒

AUDUSD H1 澳联储利率决议后,澳联储主席两次公开发言都是极其鹰派的言论,根据目前的预测,今年降息可能性很小,同时也提到重点依然是通胀问题,并强调如有必要将毫不犹豫加息。ANZ和NAB两家银行的分析师认为澳联储可能会在明年的第一季度或之后才开始降息。本周将会有新西兰利率决议目前市场预期新西兰联储降息的预期超过70%,这意味着如果根据目前的市场预期新西兰本周降息,美联储9月降息,澳联储很可能成为最后降息的主要央行,在利差方面可能会给到澳元有一定的支撑。 技术面上,澳元在上周一的假突破后,价格快速拉回之前的震荡区间,并且在周四美国失业金领取数据公布后价格上破了之前维持10个交易日的震荡区间,周五时候尝试突破之前一直有提醒的0.660位置受阻回落,目前价格保持在先前区间上方。继续对0.660-0.656区间保持关注,目前在依然在做区间震荡,若上破0.660澳元可能有望继续回升。 上方一线阻力0.658,二线阻力0.660,三线阻力0.662. 下方一线支撑0.656,二线支撑0.654,三线支撑0.652.

Baconjellyy

2024-08-12 09:34

IndustryMARKET UPDATE

Bank of Japan Deputy Governor Shinichi Uchida stated that the central bank would not raise interest rates during financial market instability. He emphasized that the BOJ's current monetary easing policies would remain due to recent market volatility. Uchida noted that a stronger yen and market fluctuations influence the BOJ's policy decisions, particularly regarding inflation and economic outlook​. The market reacted with a surge in dollar yen bumping it up to 147.5 recently. This looks to be a strong trend considering that rate hikes look to be unlikely following his comment, weakening the status of the yen. AUD is looking good at the moment after the decision yesterday to keep rates constant at 4.35%. More bullish movements were spotted today after the chinese trade balance looking positive. Why exactly is this good news? It is because Australia exports a lot of their goods to China and upon the positive outlook on Chinese imports, this will appreciate the AUD further. Gold looking to have a good entry point after a drop last night. With the imminent cut rates in September and looking into the political side of things, the Middle East tensions looks to be escalating, gold looks to rally..Putting these considerations in mind, a long position in gold looks to be more a strong option and with recent price drops, this could serve as a good entry position for gold

NathanWuBCR

2024-08-07 14:48

MarketMarket Update Report August 1, 2024

Related product: Forex,Others,Others,Stock,Others,Others

Market analysis: US Stock Futures Climb on Strong Tech Earnings and Fed Decision US stock futures climbed higher on Thursday, led by a significant jump in tech-heavy Nasdaq 100 futures, up nearly 1% due to strong quarterly results from Meta Platforms. Futures Performance: - Nasdaq 100 Futures: Up nearly 1% Extended Trading Highlights: - Meta Platforms: Rallied more than 7% on better-than-expected second-quarter results and upbeat guidance. - Arm Holdings: Tumbled more than 10% after issuing weak guidance for the current quarter. Wednesday's Market Performance: - Dow Jones Industrial Average: Rose 0.24% - S&P 500: Gained 1.58% - Nasdaq Composite: Rallied 2.64% Sector Highlights: - Chip Stocks: - AMD: Rose 4.4% on a strong quarterly performance. - Nvidia: Soared 12.8% - Broadcom: Gained 12% - Taiwan Semiconductor: Increased 7.3% Market Drivers: - Federal Reserve Decision: The Fed held its funds rate unchanged, signaling readiness to cut interest rates in September if inflation continues to improve. This dovish stance contributed to the market rally. Investor Focus: - Upcoming Earnings Reports: Investors continue to monitor earnings from major tech firms and other key sectors. - Economic Data: The highly-anticipated monthly jobs report on Friday will be a key focus for investors, providing further insights into the labor market and potential Fed actions. Conclusion: Thursday's market activity is buoyed by strong tech earnings, particularly from Meta Platforms, and the Federal Reserve's dovish signals. The positive sentiment in tech stocks is driving broader market gains, with investors looking ahead to additional earnings reports and crucial economic data. Looking ahead, the odds for USTEC and US30 to challenge 19,800 pts and 41,300 pts are high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

FPGvfpg5719

2024-08-01 09:14

MarketMarket Update Report July 31, 2024

Related product: Forex,Others,Others,Stock,Others,Others

Market analysis: US Stock Futures Mixed Ahead of Big Tech Earnings and Fed Decision US stock futures were mixed on Wednesday as investors evaluated major tech earnings and awaited the Federal Reserve's latest monetary policy decision. Futures Performance: - Dow Futures: Fell 0.4% - S&P 500 Futures: Rose 0.2% - Nasdaq 100 Futures: Rose 0.7% Extended Trading Highlights: - Microsoft: Tumbled 2.7% as disappointing cloud results overshadowed better-than-expected earnings and revenue. - AMD: Jumped 7.6% on strong quarterly results. - Nvidia: Rose 5%, buoyed by AMD's positive performance. Tuesday's Market Performance: - Dow Jones Industrial Average: Gained 0.5% - S&P 500: Fell 0.5% - Nasdaq Composite: Dropped 1.28% Market Dynamics: - Rotation Out of Megacap Tech: Investors continued to move away from megacap tech stocks amid doubts over the sustainability of the AI rally, focusing instead on more traditional sectors of the US economy. Investor Focus: - Earnings Reports: More earnings reports are expected on Wednesday, which will provide further insights into corporate performance and economic outlook. - Federal Reserve Policy Decision:** The market is closely watching the Fed's policy announcement for any indications regarding future interest rate cuts. Conclusion: Wednesday's market movements are likely to be influenced by the ongoing earnings season and the Federal Reserve's policy decisions. Investors will be parsing through big tech earnings and economic data to make informed decisions on their portfolios. Looking ahead, the odds for USTEC and US30 to challenge key level at 19,200 pts and 41,000 pts are high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

FPGvfpg5719

2024-07-31 15:58

MarketMarket Update Report July 30, 2024

Related product: Forex,Others,Others,Stock,Others,Others

Market analysis: US Stock Futures Ease as Investors Await Key Earnings and Fed Meeting US stock futures eased on Tuesday as investors cautiously awaited key earnings reports and the start of the Federal Reserve’s two-day policy meeting. Key Earnings Reports: - Before Market Open: JetBlue, Merck, Pfizer, PayPal, Procter & Gamble - After Market Close: AMD, Microsoft, Starbucks Federal Reserve Outlook: - The Federal Reserve is widely expected to hold interest rates steady this week, with expectations of a potential rate cut in September. Extended Trading Highlights: - CrowdStrike: Fell more than 5% following reports that Delta Air Lines hired an attorney to seek damages from CrowdStrike and Microsoft after an outage caused thousands of flight cancellations. Monday's Market Performance: - Dow Jones Industrial Average: Fell 0.12% - S&P 500: Inched up 0.08% - Nasdaq Composite: Gained 0.07% Notable Stock Movements: - Tesla: Jumped 5.6% following an upgrade recommendation from Morgan Stanley. - On Semiconductor: Soared 11.5% on strong quarterly results. - McDonald's: Rose 3.7% on robust earnings. Investor Focus: Investors are closely watching the earnings reports from major companies and any signals from the Federal Reserve’s policy meeting. The performance of key stocks and sectors, particularly technology and consumer goods, will be critical in determining market sentiment. Conclusion: Tuesday’s market activity is expected to be influenced by the anticipated earnings reports and the Federal Reserve’s policy meeting. Investors will be seeking insights from corporate earnings and Fed statements to gauge the economic outlook and potential market direction. Looking ahead, the odds for USTEC and US30 to challenge key level at 18,780 pts and 40,150 pts are very high. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

FPGvfpg5719

2024-07-30 14:31

MarketMarket Update Report July 29, 2024

Related product: Forex,Others,Others,Stock,Others,Others

Market analysis: US Stock Futures Rise Ahead of Major Earnings and Fed Decision US stock futures rose on Monday as investors anticipate another round of earnings reports from mega-cap technology companies and look forward to the Federal Reserve's policy decision later this week. Key Earnings Reports: - Mega-Cap Tech Companies: - Apple - Amazon - Microsoft - Meta Platforms Other Major Firms Reporting This Week: - McDonald’s - Starbucks - Boeing - Exxon Mobil - Chevron Market Performance Last Week: - S&P 500: Fell 0.83% - Nasdaq Composite: Dropped 2.08% - Dow Jones Industrial Average: Gained 0.75% - Russell 2000: Rose 3.5% Market Dynamics: Investors are rotating out of mega-cap tech stocks into interest rate-sensitive sectors such as small-cap stocks. This shift reflects growing anticipation of the Federal Reserve's policy decisions and their potential impact on various market sectors. Federal Reserve Outlook: - The Federal Reserve is widely expected to hold interest rates steady at its upcoming meeting. - Traders are looking for signals on the Fed's approach to rate cuts in the coming months. Economic Data: - The Fed-preferred PCE price index report for June came largely in line with expectations, providing further context for the Fed's policy considerations. Investor Focus: Investors will be closely monitoring earnings reports from major tech companies and other key firms, as well as the Federal Reserve's statements, to gauge future market direction and economic outlook. Conclusion: This week's market activity will be heavily influenced by earnings reports from major corporations and the Federal Reserve's policy decision. The performance of mega-cap tech stocks and signals from the Fed on interest rate policies will be critical in shaping investor sentiment and market movements. Based on the stock market activity, it seems like the market is resuming its profit taking phase and a possible push up is very likely to happen in USTEC and US30 as both of them closed above 19,000 pts and 40,000 pts respectively. Risk Disclaimer: This advice is general in nature, without considering your specific financial situation and needs. Investment involves risks, so please evaluate carefully.

FPGvfpg5719

2024-07-29 11:20

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