US stock contracts are increasing with supporting the rise of technology companies
Futures for US stock indicators have increased in Asian trade, as strong profits for huge technology companies have optimistically strengthened about the continued resilience of profits. The dollar abandoned some of his profits he achieved after the Federal Reserve decision to maintain interest rates without change. The Nasdac 100 contracts increased by 1.3%, while the S&P 500 contracts rose 0.9%, after the shares of “Microsoft” and “Mita platforms” recorded sharp profits in trading after the closure. On the other hand, the Asian stocks fell 0.3%, amid another performance of regional markets, as Korean shares varied after announcing a trade agreement with the United States, while the Japanese “Nikai 225” index rose 0.9% before the decision of “Bank of Japan”. As for the Chinese indicators, they decreased as a result of poor information for the activity of factories. The buyer on the London Stock Exchange increased by 1.2% before it reduced its profits after a previous New York collapse, after US President Donald Trump announced the exclusion of the most commonly used copper forms of expected customs duties. Investors utilized the most important news Wednesday, from commercial tensions and decisions about the central bank, to a wave of corporate profits. The US Treasury bonds fell on Wednesday and the dollar rose on Wednesday, as the markets fell from their expectations in September to lower interest rates. The results justify spending on artificial intelligence, as well as important commercial developments in India, South Korea and Canada, attention before the deadline for customs tariffs on the first August, in collaboration with the results of strong giant technology companies. “Despite the decline in the decline in the reduction of interest after the federal meeting, the results and performance of strong technology companies such as Meta and Microsoft have strengthened the confidence in the growth of artificial intelligence growth,” the wallet manager at the Federal Federal Assembly said, adding that strong performance “still justifies major spending on advanced technology.” The shares of “Microsoft” increased by more than 8% in the conclusion of transactions, while “Mita” jumped by more than 11%. The dollar and bonds under the microscope fell 0.1% on Thursday. The dollar rose after Federal Reserve chairman Jerome Powell said that no decision had yet been made to facilitate monetary policy in September. Powell said the US labor market looks “solid”, while inflation is still above the target level. Treasury effects rose next to the curve on Thursday, after falling in the previous session. Also read: The most important conclusions of the statements of the Federal Reserve, after keeping the benefit unchanged. Brett Kinwell of “itoro” said: “To achieve a reduction in the interest, the federal must trust that inflation increases will be temporary and limited, or inflation will continue the prisoner in the coming months and seasons.” Trump declares commercial agreements and sets up new fees in a related context, Trump said he reached a trade agreement with South Korea that imposes 15% fees on its export to the United States and includes a $ 350 billion commitment to investments in America. He also announced that it will impose a 25% fee on the export of India to the United States from Friday, and that it has threatened additional sanctions against the background of India’s purchases of Russian energy. The stationary Indian stock market is facing more losses. As far as buyer is concerned, it increased by 1.2% on the London Metal Stock Exchange before the artificial metal reduces some of its profits. Earlier this year, the US president waved the possibility of imposing fees, which led to a jump in US copper prices compared to the rest of the world, and launched a race to buyer to the United States to avoid fees. Stay tuned in for the Bank of Japan decision elsewhere in Asia, and investors focus on the bank of the Bank of Japan on interest, and it is expected to keep rates unchanged. The yen rose 0.1% to circulate at 149.29 against the dollar. “The ruling liberal Democratic Party must discuss the plight of Prime Minister Shikiro Ishiba, which means that the Governor of the Bank of Japan, Kazu Oida, will take a cautious tone today.” He added that this would lead to the decline of the yield curve on the Japanese government bonds, while the inflation remains high and the central bank does not catch up. Traders expect a 77% probability to raise interest through the bank or Japan’s meeting in December. The federal interest rates are keeping unchanged in the meantime, and the Federal Open Market Committee voted 9-2 on Wednesday to maintain the basic federal interest rate in the region of 4.25%-4.5%, as happened in all its meetings this year. Governor Christopher, Wald and Michelle Bowman voted against the decision, in favor of a quarter of a point reduction. Money markets have reduced their bets to reduce interest this year, as traders are now a possibility of less than 50% to reduce September. The possibility of a reduction in October fell to about 85%, while it was fully priced before the first Powell began. “The data of the next two months will be decisive, and we see a path to resume the federal facilitation cycle in the fall, if proving that the fees are less than expected, or that significant signals appear in the labor market,” said Ashish Shah of Goldman Sachs Asset Management. Technology -bets bear fruit about the profits of technology companies, the most important summary was that large capitalist spending levels began to bear fruit, according to Chris Weston, head of research at Babriston Group in Melbourne. He added that the shares of Asian technology have mostly progressed. He said: “We are beginning to see indications that this bet will take its fruit and in a very absolute way.”