Nomura Revises Fed Rate Cut Expectations for 2026 Amid Inflation Risks

GOOGL shares fell 2.73% in the last session, trading at $387.66. The RSI has dropped to 43.6, below the neutral zone, while the MACD remains negative and below its signal line. The price is trading below both the 20-day (387.95) and 50-day (394.38) moving averages. Nomura's revision of its Fed rate cut expectations due to inflation risks could pressure the broader market and negatively impact technology stocks. With weak short-term technical indicators and potential additional selling pressure from the news, the likelihood of continued downside movement is high.

The news indicates that the Federal Reserve has revised its interest rate cut expectations due to inflation risks. This could weaken hopes for rate cuts in the market and create short-term uncertainty. However, technical indicators for the S&P 500 (SPX) present a balanced outlook, with the RSI in neutral territory and the MACD giving a bullish signal. The price remaining above the 20-day and 50-day moving averages is also a positive sign. Therefore, the impact of the news may be limited, and the market could trade sideways in the near term.

The news indicates that the Fed has revised its interest rate cut expectations due to inflation risks. This situation could create uncertainty in the markets and make it difficult to determine a clear direction for the NDX in the short term. Technical indicators present a neutral picture: the RSI at 59 is neither overbought nor oversold, the MACD is positive but close to the signal line, and the price is above the 20- and 50-day moving averages. Therefore, a sideways trend can be expected in the short term.

The news indicates that the Fed has revised its interest rate cut expectations due to inflation risks. This situation may not provide a clear directional catalyst for the DXY in the short term. Technical indicators suggest a slight upward bias, with the RSI near 60 and the MACD remaining above its signal line. However, although the price is above the SMA20 and SMA50, the magnitude of the change is very small, indicating market indecision. Therefore, a sideways movement can be expected in the near term.