📈 The US stock market is showing growth!

• Key indices are reaching new highs amid expectations for reports from major tech companies.

• This week, results will be published by: Tesla, Alphabet, IBM, Intel, and other corporations that together make up about 20% of the market value of the main index*.

💡 Context:

→ Strong consumer demand in the US and the start of the reporting season are supporting a positive sentiment among investors (‘risk-on’).

→ In Europe and Asia, caution remains due to trade risks and the strengthening of the Japanese yen.

→ 83% of companies that reported last week exceeded earnings per share (EPS) forecasts*.

🔮 What’s important:

• July 23 - Speech by Fed Chairman Jerome Powell on bank regulation (the last before the regulator's 'quiet period').

• The market estimates the probability of a rate cut in September at approximately 56%.

₿ Crypto market:

• Bitcoin is holding positions around $118,000.