Trump’s comments run S&P 500 to New High

This report is from CNBC Daily Open today, our International Market Bulletin. CNBC Daily Open puts investors a day with everything they need to know, regardless of where they are. How do you see? You can subscribe here.

Japan Bank walk rates
The Bank of Japan on Friday Rates up at 25 basic points at 0.5%the highest level since 2008. After the decision, the Japanese strengthened 155.3 against the US dollar from 1:30 pm Singapore time. The previous Friday, Tokyo launched a report that he showed Central inflation in the country rises to a maximum of 16 months to 3% In annual December, in line with the expectations of a Reuters survey.

Closing registration for S&P
He S&P 500 closed in a new high on Thursday As investors liked what they heard of Trump regarding rates cuts. All the main reference points of the US are on a four -day winning streak. Positive feeling of Wall Street Asian markets raised on Friday. Hong Kong’s Hang Seng index It jumped more than 2%, but that of Japan Nikkei 225 Based after the tariff walk.

Trump Davos address
The president of the United States, Donald Trump, went to the World Economic Forum In Davos, Switzerland, practically Thursday. In his speech, Trump said he would “It demands that interest rates immediately fall “ Ask Saudi Arabia and the OPEC “Reduce the cost of oil“And he called Al The commercial relationship of the European Union with the United States Very unfair.

Trump said Xi “A lot”
Trump said Thursday that he He likes Chinese President Xi Jinping ““According to the White House reading of its virtual interview in Davos. The idea of ​​working with XI floated to end the war in Ukraine. Separately, a survey conducted by the US Chamber of Commerce in China published Thursday found that 30% of us companies in China are accelerating their Plans to relocate manufacturing or supplyThe highest proportion since 2022.

Cryptographic order signed by Trump
Cryptocurrency defenders received another impulse from Trump on Thursday after he signed a Executive order to promote the progress of cryptocurrencies In the United States, most of the order focuses on establishing technology and rules around cryptography. One of the critical pieces is the creation of a working group to consider a national reserve of digital assets.

Boeing projects a great loss
Boeing Thursday said it is likely lost about $ 4 billion in the fourth quarteror a loss of $ 5.46 per share. The income will probably reach $ 15.2 billion, lower than the estimates of LSE. Boeing has not published an annual gain since 2018. The aircraft manufacturer began 2024 with a Air accident And he finished it with a paralyzing work strike and dismissal.

(Pro) Fink goes against pessimism in Europe
There is severe “pessimism” about the future of Europe in Davos, according to Larry Fink, executive director of Blackrock. However, Fink told CNBC on Thursday that things could be “close to a background” and explains Why is that point of view.

The price of We raw and the global reference point Brent Fall on Trump saying that “I would ask Saudi Arabia and the OPEC to reduce the cost of oil.”

And after Trump said that “it would demand that interest rates decrease immediately,” 2 -year treasure performance, which tends to track short -term interest rates, surpassed, while actions increased.

In fact, the S&P 500 0.53% was added to close in a closing record of 6,118.71. Its last maximum closure of all time was 6,090,27 in early December. He Dow Jones industrial 0.92% rose and Nasdaq composerE won 0.22%. It was the fourth consecutive session in the green for the three indexes.

But unlike the numbers, which are objective (most of the time, anyway), words can be capricious.

“Davos’s speech from Trump contained some seemingly positive lines (OPEC requested at the lowest oil prices, demanded that lower interest rates and reiterated previous promises to cut taxes and regulation), but there was very little, either incremental or within your control “, Adam, Adam, Adam. Crisafulli, founder of Vital Knowledge, said in a note.

That does not mean that Trump does not continue his statements. However, it is imprudent to have a bank in comments without earth for a concrete action.

On the other hand, there are some words that have the weight of politics behind them and must be taken seriously by investors.

The United States Federal Reserve meets next week. While the possibility of a speed cut is almost zero, according to CMEGroup Fedwatch ToolWhat President Jerome Powell says at his press conference “is likely to cause market volatility,” according to James Demmert, Investment Director of Main Street Research.

Learning what listening, then, could be as important for investors as deciphering numbers.

– Alex Harring and Jesse Pound of CNBC contributed to this report.