Morning Market News Digest And Comment 早盘市场新闻摘要及评论

Pacific Time 8:10AM : Dow +58.60，  S&P 500 +7.97， Nasdaq +61， Russell 2000 +9.10,WTI crude oil-0.23%，Gold-0.17%， US dollar index-0.17%, 10 Year Treasury yield 2.103%+0.01

Oversea markets: Shanghai+0.20%, Japan+0.03%, Hong Kong +0.40%, Germany-0.03%, UK+0.17%, France +0.59%.

Weak sectors: IYT, GDX Strong sectors: IBB, OIH, FXI, FDN, XRT, IYR

Expecting Federal Reserve to be dovish this Wednesday, US stock market opened up and is holding gains. Strong internet, energy and biotech sectors also buoy market. Bullish narrow consolidations among major market indexes in the last few trading sessions are healthy. Both the Dow and S&P 500 holding above their 50 day moving averages are providing bullish technical set up. US stock market is looking up.

。Central banks are set to steal the limelight on the coming sessions, and Markets will have to prepare themselves for a packed week of events next week, headlined by the Fed meeting. Additionally, the BoE and BoJ will also meet. Markets are now pricing in virtually a full rate cut at the July meeting and a further 2 cuts over the next 12 months, all eyes will be on to what extent Powell endorses market pricing now in light of recent soft inflation and rising downside risks to the US economy from trade tensions. Expectations are much lower for a cut next week, with around a 30% chance. ---Zero Hedge

。Iran certainly isn't planning on backing down in the face of Washington's accusations about the country's role in last week's tanker bombings, and as a result, the possibility of a boots-on-the-ground military conflict in the Islamic Republic cannot yet be ruled out. Making an already tense situation infinitely more precarious, Iran on Monday reminded the world that it's preparing to violate the terms of the Iran deal during the next ten days.---Zero Hedge

。The recent surge in bitcoin, and the entire cryptocurrency space accelerated over the weekend, coinciding with the latest massive protest in Hong Kong which may be among the catalysts for the aggressive buying, and sending bitcoin above $9,000 for the first time since May 10, 2018, a price that is almost triple where bitcoin traded at the start of the year, making it the best performing major asset class of 2019, with a market cap of $163 billion. The recent surge in bitcoin, and the entire cryptocurrency space accelerated over the weekend, coinciding with the latest massive protest in Hong Kong which may be among the catalysts for the aggressive buying, and sending bitcoin above $9,000 for the first time since May 10, 2018, a price that is almost triple where bitcoin traded at the start of the year, making it the best performing major asset class of 2019, with a market cap of $163 billion. Related symbol GBTC.---Zero Hedge

。Alibaba (BABA) is proposing a one-to-eight stock split ahead of its proposed Hong Kong secondary listing later this year, according to an SEC filing. The proposal, which will increase flexibility in the firm’s capital raising activities, will be discussed and put to a vote at Alibaba's annual general meeting in Hong Kong on July 15.---Seeking Alpha

。Bernstein lowers its Baidu (BIDU) target from $180 to $130 and maintains a Market Perform. The firm says the "heavy investment in feed is value destructive" and Baidu "should stick with the core business in search going forward." Bernstein says Baidu still has a "dominant position in search and a strong balance sheet." ---Seeking Alpha






太平洋时间上午8:10：道指+58.60，标准普尔500 +7.97，纳斯达克+61，罗素2000 + 9.10，WTI原油-0.23％，黄金-0.17％，美元指数-0.17％，10年期国债收益率2.103％+0.01

海外市场：上海+ 0.20％，日本+ 0.03％，香港+ 0.40％，德国-0.03％，英国+ 0.17％，法国+ 0.59％。

弱势行业：IYT，GDX强势行业：IBB，OIH，FXI，FDN，XRT，IYR


预期本周三美联储将保持温和态度，美国股市高开并保持涨幅。 强势的互联网，能源和生物技术行业也为市场提供了支撑。 在过去几个交易日中，主要市场指数之间的看涨窄幅整合对市场也是健康的。 道琼斯指数和标准普尔500指数均维持在50日移动均线上方，这提供了看涨的技术面。 美国股市正在抬头或会开始一波升幅。

。中央银行将在即将到来的交易日中成为众人瞩目的焦点，市场将不得不为本周的一系列活动做好准备，以美联储会议为主要关注。此外，英国央行和日本央行也将举行会议。美国经济因贸易紧张局势，近期疲软的通胀和下行风险已上升，目前市场在7月会议上几乎已被认定会降息，未来12个月又会进行了2次降息。所有目光都将关注鲍威尔现在在多大程度上支持市场的已在这方面的反映。本周减息大约有30％的可能性。 --- Zero Hedge

。面对华盛顿关于该国在上周油轮爆炸事件中的作用的指责，伊朗当然不打算退缩，伊朗伊斯兰共和国发动军事冲突的可能性还是有的。排除。伊朗周一提醒全世界，它正准备在未来十天内将违反伊朗协议的条款。---Zero Hedge

。最近比特币的价位的激增以及整个加密货币周末的加速上升，恰逢香港最近的大规模抗议活动，这可能是激进购买的催化剂之一。比特币自2018年5月10日以来首次超过9,000美元，现在比特币价格几乎是是今年年初交易价格的三倍，使其成为2019年表现最佳的主要资产类别，市值达到1630亿美元。有关的代号GBTC --- Zero Hedge

。根据美国证券交易委员会的一份文件显示，阿里巴巴（BABA）提议在今年晚些时候在香港二级上市前进行一对八股票拆分。该提议将增加公司筹资活动的灵活性，将于7月15日在阿里巴巴香港年度股东大会上进行讨论并付诸表决.---Seeking Alpha

伯恩斯坦（Bernstein）将其百度（BIDU）目标从180美元降至130美元并保持市场表现评级。该公司表示，“对饲料的大量投资具有破坏性价值”，百度“应继续坚持核心业务。”伯恩斯坦表示，百度仍然具有“搜索的主导地位和强大的资产负债表”。 ---Seeking Alpha