S&P500 awaits US CPI data capped by 6437

8월 12일

US equities were little changed Monday. Nvidia (-0.35%) and AMD (-0.28%) slipped after agreeing to pay 15% of Chinese AI chip sales revenue to the US government in exchange for export licenses — a deal Trump confirmed, adding he may allow a scaled-down Blackwell chip to be sold in China. The Philadelphia Semiconductor Index fell -0.13%, cushioned by Intel (+3.51%) after its CEO met with Trump. The Mag-7 (-0.09%) saw slight outperformance, led by Tesla (+2.85%).

Trump extended the US–China tariff truce by 90 days to November 10, keeping additional tariffs at 30%. China matched the extension.

The Fed chair search now includes vice chairs Bowman and Jefferson, plus Dallas Fed President Logan. Trump appointed EJ Antoni (Heritage Foundation) to lead the Bureau of Labor Statistics.

Markets await today’s US CPI, which could influence Fed rate-cut bets, while gold traders look for clarity after Trump said gold imports won’t be tariffed.

Key Support and Resistance Levels

Resistance Level 1: 6437

Resistance Level 2: 6480

Resistance Level 3: 6520

Support Level 1: 6340

Support Level 2: 6295

Support Level 3: 6256

This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.

8월 12일

액티브 트레이드

US Supercore CPI YoY: 3.21%, prior 3.02% | US Supercore CPI MoM: 0.48%, prior 0.21%

US short-term interest-rate futures down after CPI data, traders keep bets on September and December Fed rate cuts.

Traders add to bets on fed rate cut in September.

This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.