[U.S. market]S&P 500, monthly high since 2020-dollar low 133 yen – Bloomberg
The US stock market on the 29th rose for the third straight day. As the financial results of large high-tech companies turned out to be solid, the sense of caution over the future of the global economy has eased. The dollar-yen exchange rate fell. There was a scene where the price recovered to the upper […]
The US dollar’s appreciation, which shakes the world economy, has not declined-“Don’t go against it now”-Bloomberg
George Boubras, who was playing cricket at his home in Melbourne, rang at around 10:45 pm on July 13. Euro is against the US dollar for the first time in about 20 years, 1 euro = 1 dollar parity (Equivalent) is interrupted. Boubras, head of research at hedge fund K2 Asset Management, told clients, fund […]
[5 books this morning]Carefully selected news to read at the beginning of work –Bloomberg
The restaurant industry in New York was hit directly by the Korona-ka. Now that the number of customers has begun to return, there are stores that have been stabbed by inflation.Facing the lake in Central ParkRobe Boathouse will be closed on October 16th due to “increased labor and product costs”. It was also used in […]
FOMC Statement: Softening Expenditure and Production Indicators, Employment Strong-Inflation Stays High-Bloomberg
The statement released by the US Federal Open Market Committee (FOMC) on the 27th is as follows. Recent indicators of spending and production have softened. Still, employment has grown steadily in recent months and the unemployment rate remains low. Inflation remains high, reflecting pandemic-related imbalances in supply and demand, rising food and energy prices, and […]
FOMC interest rate outlook, clarification seems to be low expectations-Price outlook is uncertain-Bloomberg
If US monetary authorities bring a surprise to the bond market, it will give a clearer view of how much more policy rates should be raised to stabilize prices. The Federal Open Market Committee (FOMC), which announces the results on the 27th, raised interest rates by 75 basis points (bp, 1bp = 0.01%) for the […]
US President and Chinese President to meet on 28th, while US-China relations are deteriorating-related parties-Bloomberg
US President Joe Biden will meet with Chinese President Xi Jinping on the 28th as new tensions arise over Taiwan. Several people familiar with the matter have revealed. The US-China summit will be the first since March. Sino-US relations are at a particularly difficult crossroads, as US House Speaker Nancy Pelosi has not ruled out […]
[US Market]Stocks fell due to Wal-Mart weight, waiting for FOMC-late 136 yen-Bloomberg
US stocks fell on the 26th in all three major indices. With Wal-Mart, the world’s largest retailer, revising its full-year earnings outlook the day before, it was reminded that inflationary pressures are affecting consumer spending. Wal-Mart stock plunge, inventory buildup and changes in consumption trends are heavy (2) The US Federal Open Market Committee (FOMC) […]
US Consumer Confidence Index, July Low Level since February 2009-Low for 3 Consecutive Months-Bloomberg
The July US Consumer Confidence Index, released by the Conference Board of the US private research institute, has fallen to its lowest level since February 2021. The background is that the economic outlook has become bleak as high inflation continues. Key Point US Consumer Confidence Index Drops to 95.7 in July Decrease for 3 consecutive […]
EU member states agree to reduce winter gas use by 15%-preparing for Russia’s supply cut-Bloomberg
European Union (EU) member states have reached a political agreement to reduce winter gas consumption by 15%. The background is that Russia is more likely to cut off its gas supply to Europe altogether. The EU Presidency’s Czech Republic posted on Twitter that energy ministers from member countries agreed at a meeting in Brussels to […]
IMF Downgrades Global Growth Forecast-Warning Close to Recession-Bloomberg
The International Monetary Fund (IMF) has lowered its outlook for global economic growth this year and next. He warned that the global economy could soon be on the verge of a recession. According to the World Economic Outlook (WEO) released on the 26th, the global growth rate is expected to slow to 3.2% this year. […]