US President Donald Trump gives a video speech at the annual meeting of the World Economic Forum in Davos on January 23, 2025.
Fabrice Covery AFP Getty pictures
This report is taken from the CNBC Daily Open today, which is the newsletter of international markets. The CNBC Daily Open channel briefed investors about everything they need to know, regardless of their whereabouts. Like what you see? You can subscribe here.
What you need to know today
Bank of Japan raises interest rates
Japan Bank on Friday Upper interest rates are 25 basis points to 0.5%It is the highest level since 2008. After the decision, it was raised Japanese yen The price was reinforced to 155.3 against the US dollar as of 1:30 pm Singapore time. Earlier on Friday, Tokyo issued a report That showed The country's primary inflation rate in the country has a higher level in 16 months at 3% In December on an annual basis, in line with a Reuters survey forecast.
Standard S & P
the Standard & Poor's 500 Closed at a new high level on Thursday The investors admired the Trump they heard about interest rate discounts. All major American standards in a four -day winning series. Positive morale in Wall Street Asian markets rose on Friday. Hong Kong Hang Sing More than 2%jumped, but Japan Nikki 225 He decreased after raising the interest rate.
Trump's speech in Davos
US President Donald Trump gave a speech to World Economic Forum In Davos, Switzerland, on Thursday. In his speech, Trump said he would “do”And we demand that interest rates be reduced immediately. “ We ask Saudi Arabia and OPEC.Reduce the cost of oilAnd he called Trade relations between the European Union and the United States Very unfair.
Trump said he loves something “so much”
Trump said Thursday that he Chinese President Xi Jinping loves “a lot“According to the White House reading for its virtual interview in Davos. The idea of working with Shi to end the war in Ukraine. Separately, a poll conducted by the American Chamber of Commerce in China showed on Thursday that 30 % of Americans companies in China are accelerating Plans to transfer manufacturing or sourcesIt is the highest percentage since 2022.
Trump's encryption matter
The defenders of the cryptocurrencies obtained another batch of Trump on Thursday after he signed an agreement Executive order to enhance the advancement of encrypted currencies In the United States, most of the demand focuses on creating technology and bases related to encrypted currencies. One of the important parts is to create a working group to consider the stock of the national digital assets.
Boeing expects heavy losses
Boeing He said Thursday that it is possible I lost about 4 billion dollars in the fourth quarterOr a loss of $ 5.46 per share. Revenue is likely to reach $ 15.2 billion, less than LSEG estimates. Boeing has not recorded annual profits since 2018. In 2024, the Boec Aircraft Company began annual profits Air accident And it ended with a A devastating workers' strike and Demobilization.
(Pro) Fink contradicts pessimism in Europe
There is severe “pessimism” about the future of Europe in Davos, according to Larry Fink, CEO of Black Rock. However, Fink told CNBC on Thursday that things might be “close to the bottom” – and explains this Why is this opinion to take.
The bottom line
The markets are supposed to operate on the basis of numbers: previous performance, profit expectations, and stock return. But the words are no less powerful in its ability to move the markets, as Trump's default discourse in front of the World Economic Forum on Thursday showed.
price American crude And the global standard Brent He fell to Trump, saying that he “will ask Saudi Arabia and OPEC to reduce the cost of oil.”
After Trump said he would “demand the reduction of interest rates immediately,” the return of the treasury bonds decreased for two years, which tends to track short -term interest rates, while stocks rose.
In reality, Standard & Poor's 500 He added 0.53% to close at the highest standard closing level at 6,118.71. The last closure ever was 6090.27 in early December. the Dow Jon's industrial average 0.92% rose NasdakAnd profit 0.22%. This was the fourth consecutive session in green for all three indicators.
But unlike the numbers – which are realistic (most often, anyway) – words can be volatile.
“Trump's speech in Davos included some positive lines on the outsatically (OPEC called for lowering oil prices, demanded central banks to reduce interest rates, and reiterated previous pledges to reduce taxes and regulation), but there were only very little whether it was gradual or under his control.” Crarshavoli, founder of VITAL KNOWLEDGE, said in a note.
This does not mean that Trump will not implement his statements. However, it is not wise to rely on unfounded comments.
On the other hand, there are some words that bear the weight of politics behind, and investors should take it seriously.
The US Federal Reserve will meet next week. While the opportunity to reduce interest rates is approaching zero, according to Fedwatch for CMEGROUPWhat President Jerome Powell says at his press conference, “He is likely to cause fluctuations in the market,” according to James Demirt, the chief investment official of Main Street Research.
Hence, learn what to listen to may be important for investors such as deciphering numbers.
Alex Harring and Jesse Pound from CNBC contributed to preparing this report.
