April 27 📊 Weekend News Recap
🕊️Geopolitical Update
No meeting yet between the US and Iran; Iran proposes phased negotiations: ceasefire first, then discuss nuclear issues. Trump responds: Iran is ready to reach out anytime.
⚠️Shooting occurs during Trump's press conference; he's unharmed, but it raises concerns about the safety of US government officials.
🏦Central Banks on the Radar
The Fed, Bank of England, and ECB are likely to keep interest rates unchanged this week. Powell's press conference is the main focus, and there's still uncertainty around if Waller can take over smoothly. Traders are betting on rate cuts by the end of the year.
📈Economic Data: Core PCE is expected to rebound significantly (bearish for stocks), while Q1 GDP revision is anticipated to be upward (bullish for the dollar).
📉US Stock Market Recap
On Friday, the Nasdaq soared, driven by tech earnings hitting new highs, with a clear divergence. AI hotspots continue to gain strength, and this week’s earnings peak will set the tone for May.
⚛️Nuclear power industry chain still lacks sustainability; Nvidia-related concepts are yet to take off. The Google TPU conference is approaching, and themes like storage, optical communication, and AI cooling are continuing to develop.
🚀SpaceX may submit an IPO application in May, which will influence the trajectory of space-related stocks.
🌅Morning Update
US stock futures dip slightly, gold pulls back, and the dollar strengthens. The Aussie index is expected to surge to catch up with Friday's US session.
💰Bitcoin spiked to 78k over the weekend; if it reclaims 80k this week, it will greatly boost digital currency-related stocks.
💱Forex pairs related to US currencies are rebounding around the dollar, with overall volatility remaining low.
Stay alert and trade cautiously! 📌