Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
08:10
Asian stock markets are trading today in a mixed trend. In Tokyo, the Nikkei index is down 0.1%, and Hong Kong is down slightly.
Trading in futures contracts on US stock indices is down by up to 0.5%.
On Wall Street, trading closed up, following the publication of the minutes of the Fed meeting (discussed below), the Dow Jones industrial average rose 0.6%, the S&P 500 climbed 0.9% and the Nasdaq closed up 1.5%.
In the commodity trading arena, there are slight increases in oil contracts. Gold maintains stability and in the crypto arena Bitcoin registers a slight increase and trades around $ 29,800.
The yield on 10-year US government bonds stands at 2.76%.
The Federal Reserve’s protocols released yesterday (Wednesday) indicate that the US Federal Reserve is ready to move forward with further interest rate hikes of 50 basis points (0.5%) in the coming months to curb inflation. FOMC) because the policy may move beyond “neutral” and enter “restrictive” territory. Percent.
Following the close of trading in New York, Anvidia released reports and a weak forecast for the rest of the year. Shares fell about 7% in late trading. The company posted revenue of about $ 8.3 billion in the first quarter, about $ 200 million above expectations, and earnings of $ 1.36 per share, 7 cents above analysts’ expectations. However, its forecast for the current quarter is for revenue of $ 8.1 billion compared to analysts’ expectations for revenue of about $ 8.44 billion.