World Market News of the 19 January with FXOpen #bankofjapan #oilprices #nvidiastock #zuckerberg

JAPAN DECEMBER INFLATION AT ITS LOWEST SINCE JUNE 2022 Investors assessed Japan’s December inflation numbers — the last key data before the Bank of Japan’s first monetary policy meeting of 2024. The world’s third-largest economy saw headline inflation rate hit its lowest level since June 2022, cooling to 2.6% from 2.8% in November. Japan’s core inflation rate — which strips out prices of fresh food — also fell to 2.3% from November’s 2.5%, in line with expectations from economists polled by Reuters. Source: CNBC OIL RISES ON DEMAND FORECAST, U.S. CRUDE WITHDRAWAL Oil prices rose on Thursday on solid demand growth forecasts for 2024 and a large U.S. crude inventory withdrawal. The West Texas Intermediate futures contract rose $. or %, to settle a $ a barrel. The Brent futures contract for March rose $, or %, to settle at $ a barrel. The International Energy Agency forecast that crude demand would rise by 1.2 million barrels per day in 2024, while OPEC put the figure at 1.8 million barrels per day. Source: CNBC ZUCKERBERG SAYS META IS INVESTING BILLIONS OF DOLLARS IN NVIDIA AI CHIPS Mark Zuckerberg said on Thursday that by the end of 2024, the company’s computing infrastructure will include 350,000 H100 graphics cards. That suggests the company is spending billions of dollars on Nvidia’s leading chips that can cost over $40,000 on eBay due to heavy demand. Zuckerberg said in October that “AI will be our biggest investment area in 2024, both in engineering and computer resources.” Source: CNBC 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.