Yesterday, Trumpian Miran said monetary policy should be eased, but Federal Reserve Bank President Kashkari said, “A sharp drop in interest rates risks inflation soaring.” What will Mr. Mussalem say today? It’s a similar tone to Mr. Kashkari’s.
What was the cause of yesterday’s drop? Was it “no margin cloud?.. ‘Oracle’ foot AI anxiety’? Or was it because of White House pay-per-view comments about government shutdowns? Maybe Kashkari’s comments had an impact…
Anyway, I got much of the drop from selling. Of yesterday’s 14 million won profit, 80% was from short (selling) and 20% from long (buying).
Today, we have a speech by a member of the Musalem Fed at 22:00, a government bond auction at 02:00, and FOMC minutes at 03:00. There are no big indicators.
I expect the day market to be higher today. I think the night market will be mixed as well.
Two default purchases of 2,5059 plus closing price bets. I hope you can make money throughout the day. It’s still going on without losses in October. Let’s keep the rules (on the basis of profit) and sell it today. Let’s focus on the day and take the night off.
October 8th (Wednesday)
20:00 – US – MBA Mortgage Application Index ★
22:20 – Fed – Governor of Mussalem (neutral/voting rights O)
22:30 – YEONJUN – Director Barr (neutral/voting rights O)
02:00 – US – 10-year Treasury note auction ★★
03:00 – USA – FOMC Minutes ★★★
04:15 – Fed – Governor Kashkari (Negative/Voting Rights X)
Event: Costco September Sales
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