wowcasinonodepositbonus| "Triple negative" has severely damaged risk appetite! The Nikkei index fell more than 3% in a single day and moved towards technical adjustment

Japanese stocks fell across the board on Friday, with the benchmark blue-chip index, the Nikkei 225 Stock Average, down more than 3%.Wowcasinonodepositbonus.5%, down nearly 10% since April, is moving towards the so-calledWowcasinonodepositbonus"technical adjustment". Japanese chip stocks, such as Tokyo Electronics, led the decline after TSM.US, the "king of global chip foundry", revised down its growth forecasts for the semiconductor market in 2024. More importantly, concerns about escalating conflicts in the Middle East and extremely hawkish comments by Fed officials have dampened global investor sentiment and market risk appetite has deteriorated sharply. Japanese and global stock markets have been hit hard in recent days.

On Friday, the Nikkei 225 index fell as much as 3.5%, including Tokyo Electronics, Shinyue Chemical and Screen Holdings Co. And Lasertec Corp. Many Japanese chip industry chain companies led the decline, with shares of semiconductor equipment giant Tokyo Electronics, which accounts for a large proportion of the Nikkei 225 index, falling nearly 8% at one point. At one point, the East Stock Exchange index, which includes a wider range of stocks, fell as much as 2.7%. The fate of the Nikkei index, the benchmark blue-chip index, is changing very fast. Just two months ago, the blue-chip index returned to its all-time high set in 1989 and hit an all-time high on March 22. If the Nikkei index closes at least 10% below its all-time high in March, it will enter the technical correction zone.

Charu Chanana, a strategist at Saxo Capital Markets Pte Capital Markets, said: "it is a triple blow for Japanese and global stock markets-the Fed continues to be increasingly hawkish, while the outlook so far for semiconductor giants closely linked to AI is not enough to offset risk aversion. At the same time, escalating geopolitical concerns have cast a shadow over the outlook in the stock market. "

Japan's blue-chip index, the Nikkei 225, is now down more than 10% from its all-time high set in March. Speculation that the Japanese fiscal authorities may intervene in international foreign exchange markets to contain the weakness of the yen and that the Fed will delay interest rate cuts has also been dragging down the index recently.

TSMC warned that the smartphone and PC markets remained weak. TSMC management said at the performance meeting that although TSMC's revenue growth target for this year remained unchanged at around 20%, TSMC adjusted its total sales growth forecast for the global wafer foundry industry this year to 14% to 19% from the 20% forecast in January. In addition, the world's largest contract chipmaker also slightly revised its forecast for growth in the semiconductor market (excluding memory chips) to 10 per cent in 2024 (TSMC revised its language of growth from "more than 10 per cent" to "10 per cent" at its earnings meeting).

Concerns in financial markets about the intensification of conflict in the Middle East spread rapidly after media reports that Israeli missiles hit an important location in Iran, and expectations of global trade risks and rising energy were simmering. On the morning of Friday, April 19, Beijing time, US media reported that a US official confirmed to the media that an Israeli missile had hit a target in Iran. Israel's "Jerusalem Post" reported earlier on the 19th that explosions were heard in the Isfahan region of Iran, Suveda province in southern Syria, Baghdad and Babylon province in Iraq. The semi-official Fars news agency quoted local sources as saying that earlier Friday, there was an explosion in the central Iranian city of Isfahan.

A number of Fed officials have sent a clearer signal in recent days that the market is increasingly worried about the future outlook for interest rates. Given the slow and rugged progress in reducing inflation in the US and the continued strength of the US economy, a growing number of Fed officials are sending a similar signal that they are in no hurry to announce interest rate cuts this year.

Just a few weeks ago, many Fed officials were not so hawkish. In the face of the Fed's tight monetary policy, they expected US inflation to continue to cool, so it was necessary to cut interest rates several times before the end of the year to prevent the economy from slowing too much. However, economic data in recent weeks have clearly made them nervous: us inflation has exceeded expectations for three months in a row, and other economic indicators have also pointed to hot consumption and a strong job market, making them increasingly downplay expectations of interest rate cuts this year.

Bostick, chairman of the 2024 FOMC voting committee and president of the Atlanta Federal Reserve, said he was relieved to keep interest rates unchanged and reiterated that he did not think it was appropriate to cut borrowing costs before the end of the year. He had previously said he expected to cut interest rates only once this year.

Williams, chairman of the New York Fed, who is the "top three" of the Fed and has the permanent right to vote on the FOMC, said that although economic data will determine the Fed's policy movements, he does not feel the urgency of cutting interest rates, and he believes that monetary policy is in a favorable position, and interest rate levels are gradually pushing inflation closer to the central bank's goal. Although Mr Williams himself does not see further rate hikes as a baseline scenario, he stressed in his speech that the possibility had not been completely ruled out, especially if economic data showed it was necessary.

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