Alberto Poli @pino428: "𝙈𝙖𝙘𝙧𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 📊 𝙈𝙖𝙧𝙠𝙚𝙩𝙨 𝙐𝙣𝙙𝙚𝙧 𝙋𝙧𝙚𝙨𝙨𝙪𝙧𝙚:..."

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𝙈𝙖𝙘𝙧𝙤 𝙐𝙥𝙙𝙖𝙩𝙚 📊 𝙈𝙖𝙧𝙠𝙚𝙩𝙨 𝙐𝙣𝙙𝙚𝙧 𝙋𝙧𝙚𝙨𝙨𝙪𝙧𝙚: 𝙎𝙩𝙧𝙤𝙣𝙜 𝙐.𝙎. 𝙅𝙤𝙗𝙨 𝘿𝙖𝙩𝙖, 𝙖 𝙈𝙤𝙧𝙚 𝙃𝙖𝙬𝙠𝙞𝙨𝙝 𝙁𝙚𝙙, 𝙖𝙣𝙙 𝘼𝙄 𝙎𝙩𝙤𝙘𝙠𝙨 𝙇𝙤𝙨𝙚 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢 The latest trading session marked a sharp reversal in sentiment across global markets. The catalyst was a much stronger-than-expected U.S. employment report, which forced investors to quickly reassess their interest rate expectations. 🇺🇸 𝙅𝙤𝙗𝙨 𝙍𝙚𝙥𝙤𝙧𝙩: 𝙐.𝙎. 𝙀𝙘𝙤𝙣𝙤𝙢𝙮 𝙎𝙩𝙧𝙤𝙣𝙜𝙚𝙧 𝙏𝙝𝙖𝙣 𝙀𝙭𝙥𝙚𝙘𝙩𝙚𝙙 May Non-Farm Payrolls showed the creation of 172,000 new jobs, well above market estimates. Unemployment remained stable at 4.3%, while wages increased by 0.3% month-over-month. In other words, the U.S. economy continues to demonstrate greater resilience than expected, giving the Federal Reserve fewer reasons to consider cutting interest rates. 🏦 𝙁𝙚𝙙: 𝙈𝙖𝙧𝙠𝙚𝙩𝙨 𝘽𝙚𝙜𝙞𝙣 𝙋𝙧𝙞𝙘𝙞𝙣𝙜 𝙞𝙣 𝘼𝙣𝙤𝙩𝙝𝙚𝙧 𝙍𝙖𝙩𝙚 𝙃𝙞𝙠𝙚 Following the release of the data, market participants started fully pricing in a rate hike by year-end. As a result: • Treasury yields moved sharply higher • The U.S. dollar strengthened • Expectations for near-term rate cuts declined • Increased pressure on rate-sensitive assets 📉 𝙒𝙖𝙡𝙡 𝙎𝙩𝙧𝙚𝙚𝙩 𝙋𝙖𝙮𝙨 𝙩𝙝𝙚 𝙋𝙧𝙞𝙘𝙚 The reaction in equity markets was immediate: • Nasdaq 100: -5% • S&P 500: -2.9% • Semiconductor sector: more than 10% Leading the sell-off were Artificial Intelligence-related stocks, which had been the main drivers of the market rally in recent months. After an exceptional earnings season, many investors have begun to question whether valuations already reflect a large portion of future growth expectations. 🤖 𝘼𝙄 𝙍𝙚𝙢𝙖𝙞𝙣𝙨 𝙩𝙝𝙚 𝘿𝙤𝙢𝙞𝙣𝙖𝙣𝙩 𝙏𝙝𝙚𝙢𝙚, 𝙗𝙪𝙩 𝙎𝙚𝙡𝙚𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙄𝙨 𝙄𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 Artificial Intelligence continues to attract record levels of investment, but markets are starting to distinguish between expectations and tangible results. Companies are increasing spending on infrastructure, data centers, and computing capacity, while workforce reductions continue across many software and digital business areas to help fund the race toward AI leadership. 💶 𝙀𝙪𝙧𝙤𝙥𝙚: 𝘼𝙡𝙡 𝙀𝙮𝙚𝙨 𝙤𝙣 𝙩𝙝𝙚 𝙀𝘾𝘽 Meanwhile, Eurozone inflation has risen to 3.2%, its highest level since 2023. Markets now view a 25-basis-point rate hike by the European Central Bank as almost certain this week. More than the rate decision itself, investors will be focused on the comments from Christine Lagarde, which are likely to shape the direction of the euro and European markets. 💡 𝙒𝙝𝙖𝙩 𝘿𝙤𝙚𝙨 𝙏𝙝𝙞𝙨 𝘿𝙖𝙮 𝙏𝙚𝙖𝙘𝙝 𝙐𝙨? Markets are transitioning from a narrative centered on rate cuts to one driven by economic resilience and persistent inflation. Good news for the economy does not necessarily translate into good news for stock markets: if growth remains strong, central banks may keep monetary policy restrictive for longer than previously expected. And that is precisely the new balance investors are trying to price in. $NSDQ100 $AMD (Advanced Micro Devices Inc) $NVDA (NVIDIA Corporation) $EURUSD

Not investment advice. The author may have financial interests in the mentioned instruments.