Ultima Markets[Market Hot Spots] US Inflation Landing, Severe Selling Pressure on Nasdaq

The highly anticipated United States last night7Monthly and quarterly adjustmentsCPIThe data has finally been released and recorded3.2%The annual rate has ended the continuous12A month's decline. However, this data is lower than expected3.3%This indicates that although inflationary pressure has rebounded, it still maintains a moderate trend. On the other hand,7Monthly and quarterly adjustment coreCPIThe annual rate also dropped for the first time after the epidemic5Within, recorded4.7%Created from2021year10The new low since the beginning of the month.

Interest rate hike expected to cool down for two consecutive weeks。Last week's announcement7The monthly non agricultural unemployment rate has decreased3.5%, only slightly higher than earlier this year3.4%The lowest point in over half a century. After the data was released, traders reduced their bets on further interest rate hikes by the Federal Reserve. And this week's announcement7The monthly inflation data will directly lower such expectations to the freezing point.

(Federal Reserve Interest Rate Observation Tool, sourced from ChiNext)

Through the Federal Reserve's interest rate observation tool of Chishang Exchange, it can be intuitively seen that after the release of inflation data, the next time9month23The probability of keeping the policy interest rate unchanged has increased again in the interest rate resolution of the day3A hundred points, approaching9Cheng.

San Francisco Fed Chairman Daley stated that,CPIThe data basically meets expectations, and it is too early to talk about raising or maintaining interest rates at this stage. He expects that next year there may be discussions on interest rate cuts, which will depend on the trends of the economy and inflation.

Blue Column of US Inflation RatevsUS Core Inflation Black Line)

The Federal Reserve's interpretation of inflation data and policy outlook affect the trend of the stock market.Ultima MarketsInvestment Research Group AnalystElonLow inflation expectations may boost investors' confidence and encourage them to prefer risky markets such as the stock market. Secondly, if the Federal Reserve decides to keep interest rates unchanged, it will help support economic recovery and further promote stable growth in the stock market

(Nasdaq Index daily cycle, sourceUltima Markets MT4）

From a technical perspective, Nasdaq's short-term short positions are more dominant, with its stock price falling below Wednesday33After the daily moving average, I stepped back on the neckline position yesterday and finally closed out the upper shadow line. If the Nasdaq falls below yesterday's low today, the next target of the market is looking towards65Around the daily moving average.

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