Foreign Market Insights By Rakuten Securities

 (22/09/2022)

● FRB decided to raise interest rates by 0.75% at FOMC
● US recession probability increased after consecutive rate hikes
● US stocks tend to rise “the year before the presidential election”

 (16/09/2022)

● US stocks plunge as interest rates rise along with repeated CPI shocks
● What are the results of the August inflation indicators?
● Market is shaken by changes in policy rate outlook

(09/09/2022)

● Year-to-date global markets see simultaneous weakness in risky assets
● What does strong dollar and weak yen trend in the foreign exchange market indicate
● Verifying the “long-term installment investment” in yen-converted US stocks

(02/09/2022)

● Situation worsened by Jackson Hole’s shock
● However, key price indicators suggest inflation is over
● Need to pay attention to the midterm election year anomaly

 (26/08/2022)

● Has inflation threat passed the peak?
● The futures market assumes an additional rate hike of “100 BPS”
● Opportunity for rebound in growth ETFs in US market