【Daily Investment Information】Last night, the U.S. stock market fluctuated slightly, and the three major indexes rose and fell. Today, the global fundamentals are slightly flat, and investors are waiting for the interest rate decisions of central banks on Wednesday.
Yesterday, the Nikkei index rebounded after 8 consecutive declines. We also talked about the logic last Friday. Technically, the Nikkei index did fall to a suitable level, but the interest rate decision at the end of July is still pending. Therefore, I think the rise of the Nikkei index yesterday was an oversold rebound. Friends with technology can play T+0 hedging, but there is still uncertainty.
Sources said that the Bank of Japan will discuss interest rate hikes on Wednesday. The money market is pricing in a 10 basis point rate hike for Japan, but the probability is not very high. Most people still believe that the Bank of Japan will keep interest rates unchanged, so there are risks in raising interest rates. The Bank of Japan may also announce plans to halve bond purchases in the next few years.
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