US S&P 500 continues to set new highs, Nikkei average returns to 36,000 yen level for the first time in 34 years, Bitcoin below 40,000 dollars | 23rd Financial Tankan

10 months ago 69

1/23 (Tuesday) morning market trends (compared to the previous day)

traditional finance

NY Dow: 38,001 +0.3%
Nasdaq: 15,360 +0.3%
Nikkei average: 36,546 +1.6%
USD/JPY: 147.9 -0.08%
Gold futures: 2,023.1 -0.3%
NVIDIA: $596.5 -0.2%
Apple: $193.8 +1.2%

Source: Coinpost app

Today’s NY Dow continued to rise and hit new all-time highs. The continued growth of high-tech stocks led the S&P 500 stock index, which continued to hit new highs. On the other hand, some point out that the stock is technically overbought.

This week, US corporate earnings are in full swing, with companies such as Netflix and Tesla scheduled to announce their results. Meanwhile, Apple’s financial results are due on February 1st, and Nvidia’s on February 21st.

Today’s main market materials are as follows:.

The Bank of Japan’s monetary policy meeting starts on Monday, focusing on discussions on prices and wages. Policy interest rate will be announced after the meeting ends today.
Prime Minister Kishida stated at the government-labor-management meeting on the 23rd that “this is the critical moment to move towards a complete escape from deflation,” and called for higher wages than last year in this year’s spring labor union.
Dollar/JPY = 147.9 Due to the inflow of new funds through the new NISA and expectations for economic recovery, the Nikkei average returned to the 36,000 yen level on the 22nd for the first time in approximately 33 years and 11 months since February 1990.
“Blackout period”: Fed officials refrain from speaking ahead of next week’s FOMC meeting

connection：The reason why “Sumitomo Mitsui Card Platinum Preferred” is rapidly increasing in popularity as a new NISA savings investment

Important economic indicators/events from this week onwards

January 23rd (Tuesday) Bank of Japan Monetary Policy Meeting Announcement of policy interest rate after the end
1/24 (Wednesday) 23:45 U.S. Manufacturing Purchasing Managers Index (PMI)
1/25 (Thu) 22:30 U.S. 4th quarter real GDP
1/26 (Fri) 22:30 December personal consumption expenditure (PCE deflator)
2/1 (Thursday) 4:00: Policy rate announcement after FOMC close

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Learn about Bitcoin ETFs from the beginning: Explaining the advantages and disadvantages of investing and how to buy US stocks

Virtual currency related stocks vary

Coinbase | $128.2 (+2.7%)
MicroStrategy | $470 (-2.2%)
Marathon Digital Holdings | $16.6 (+2.9%)
Stronghold Digital Mining | $5.3 (+4.1%)

Elliott Stein, a senior litigation analyst at Bloomberg, estimates that Coinbase, a major U.S. cryptocurrency exchange, has about a 70% chance of success in its lawsuit with the U.S. Securities and Exchange Commission (SEC).

connection: Bloomberg Senior Litigation Analyst “Coinbase has the upper hand in lawsuit against SEC, 70% chance of success”

connection: Elon Musk’s “Super App X” concept What is the possibility of BTC and DOGE virtual currency payments?

Virtual currency market continues to fall

Bitcoin: $39,871 -4.2%
Ethereum: $2,322 -5.7%
Solana: $84.1 -8.0%

Bitcoin continues to fall below the $40,000 line due to continued GBTC outflows in ETFs, and the continued decline since ETF approval appears to have canceled out the gains from December last year. So far, it’s down -9.6% year-to-date.

connection:Bitcoin weekly suggests continued correction, Aster (ASTR) leaps 25% higher than the previous week