U.S. stocks super earnings week debut, including Apple, Microsoft, Tesla and other heavyweight technology companies will be announced, the United States today will also announce June new home sales data. US stock futures fell slightly on Monday (26th). Dow Jones futures fell 0.38%, S&P 500 futures fell 0.24%, and Nasdaq 100 futures fell 0.12%.
1. Amazon may accept Bitcoin payments this year
Bitcoin continued its weekend rally on Monday (26th), soaring to nearly $40,000. Analysts believe that part of the reason for the rise is that investors are no longer bearish, and Amazon (AMZN-US) plans to use cryptocurrency to pay rumors.
Some foreign reports pointed out that Amazon will allow users to use cryptocurrency to make transactions and payments, such as Bitcoin. The group is also recruiting talents with digital currency and blockchain-related experience to lead the company’s payment team and develop digital currency and blockchain strategies and product plans for Amazon.
Bitcoin once rose by 15% to $39,681 on Monday, and the current price is about $38,490. Other virtual currencies have also seen gains, including ether.
2. U.S. Treasury Volatility Index Soars
With the upcoming Fed meeting, the ICE BofA MOVE index, which tracks the implied volatility of U.S. debt, has risen sharply since mid-July, indicating that bond traders are prepared for more turmoil in the market.
The ICE BofA MOVE index has risen to around 65, the highest point in the past four months. Previously, on June 10, the index had fallen to around 48.
Market concerns about the threat of the Delta variant virus to the economic outlook led to this result. Next, the Federal Open Market Committee’s (FOMC) monthly bond purchase plan of 120 billion US dollars, how to reduce and when to adjust, become the focus of attention.
3. Alphabet launches robot software company Intrinsic
Google’s parent company Alphabet (GOOGL-US) announced a new venture capital on Friday (23rd) to launch a robotic software company called “Intrinsic”.
Intrinsic was originally the “Moon Landing Project” of Alphabet’s “X Lab”, and now it has officially graduated. Intrinsic said that the company is developing software tools to make industrial robots easier to use, cheaper and more flexible, so that these industrial robots can reach a wider consumer group.
Intrinsic’s operations will be included in Alphabet’s “other bets”, which has always been Alphabet’s money-burning furnace. In the first quarter of this year, the department had revenue of US$198 million but a loss of US$1.145 billion.
4. The Modena vaccine is recommended by the European Medicines Agency to vaccinate young people
The European Medicines Agency (EMA) on Friday (23rd) recommended that Moderna’s new crown vaccine be extended to teenagers between 12 and 17 years of age.
According to EMA, a study of more than 3,700 teenagers between 12 and 17 years of age showed that the Modena vaccine can produce an antibody response similar to that of adults, and the side effects are the same as those of adults. Most of them are arm soreness, headaches, and fatigue.
The company’s share price was officially included in the S&P 500 index last Wednesday, and it has soared 223.2% as of Friday this year, far outpacing the market’s 16.3% increase.
5. Real U.S. long-term bond yields fell to record lows
The Delta variant virus spread rapidly, posing a threat to the expected economic recovery. The real yield of the US 10-year Treasury bond fell to a record low on Monday (26th).
After excluding inflation, the real yield on 10-year U.S. Treasuries fell to -1.127% on Monday. However, the equilibrium inflation rate for 10-year U.S. Treasuries steadily fell at 2.34%, the latter being 10-year U.S. Treasuries and anti-inflation The interest rate spread between TIPS will rise as inflation expectations rise, reflecting that the Delta virus is intensifying investors’ worries about a slowdown in economic growth.
The Fed is about to hold its July interest rate meeting on Thursday (29th). On the eve of its decision, market sentiment was restless and traders also sharply lowered their expectations for tightening policies.