{"id":8430,"date":"2024-05-24T07:54:22","date_gmt":"2024-05-24T11:54:22","guid":{"rendered":"https:\/\/metatradingclub.com\/?p=8430"},"modified":"2024-05-24T10:24:30","modified_gmt":"2024-05-24T14:24:30","slug":"market-mornings-2024-05-24-nvidias-surprise-and-pmi-highs-buckle-up","status":"publish","type":"post","link":"https:\/\/metatradingclub.com\/market-mornings-2024-05-24-nvidias-surprise-and-pmi-highs-buckle-up\/","title":{"rendered":"Market Mornings (2024.05.24): Nvidia&#8217;s Surprise and PMI Highs: Buckle Up!"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8430\" class=\"elementor elementor-8430\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49dfea34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49dfea34\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-970c8c1\" data-id=\"970c8c1\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-401345d7 elementor-widget elementor-widget-text-editor\" data-id=\"401345d7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Yesterday, following Nvidia&#8217;s earnings report that significantly exceeded expectations, we saw the release of PMI data and a strengthening of the dollar. However, it&#8217;s worth noting that these positive data points may not be sufficient to drive the market in a new direction. The market&#8217;s focus remains on the anticipated first step in the Federal Reserve&#8217;s rate-cutting process, expected in the coming months. While the PMI data may temporarily pause the dollar&#8217;s depreciation, the overall outlook for the dollar remains negative, given the likelihood of upcoming easing policies from the Fed.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8185fc5 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"8185fc5\" data-element_type=\"widget\" data-settings=\"{&quot;exclude_headings_by_selector&quot;:[],&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;,&quot;h5&quot;,&quot;h6&quot;],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__8185fc5\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__8185fc5\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div id=\"elementor-toc__8185fc5\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f89724e elementor-widget elementor-widget-text-editor\" data-id=\"1f89724e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>Economic Events:<\/strong><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77e8b184 elementor-widget elementor-widget-text-editor\" data-id=\"77e8b184\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Yesterday, PMI data from the SP Global Institute was released, with both the services and manufacturing sectors surpassing market expectations. The market&#8217;s reaction was positive, though likely temporary. Nvidia&#8217;s impressive earnings report could continue to drive indices to new heights. Today&#8217;s key data point to watch is the durable goods orders report.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-411a49fe elementor-widget elementor-widget-image\" data-id=\"411a49fe\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"443\" src=\"https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/2-3-1024x567.png\" class=\"attachment-large size-large wp-image-8434\" alt=\"\" srcset=\"https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/2-3-1024x567.png 1024w, https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/2-3-300x166.png 300w, https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/2-3-768x425.png 768w, https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/2-3.png 1052w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5adec05 elementor-widget elementor-widget-text-editor\" data-id=\"5adec05\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source : Dailyfx<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e94d871 elementor-widget elementor-widget-text-editor\" data-id=\"e94d871\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>Indices and Stocks:<\/strong><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6faa9ab elementor-widget elementor-widget-text-editor\" data-id=\"6faa9ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">The US stock market, after reaching a new peak, saw a decline, returning to a fair price range. US stock futures steadied on Friday after major averages faced heavy selling pressure in the previous session, with the Dow experiencing its worst session in over a year. In extended trading, Intuit dropped over 6% following weak guidance for the current quarter. On Thursday, the Dow fell 1.53%, marking its worst day since March 2023, while the S&amp;P 500 and Nasdaq Composite declined by 0.74% and 0.39%, respectively. The unexpectedly strong US PMI data has raised concerns that interest rates could remain elevated for some time. Mega-cap tech names suffered significant losses, including AMD (-3.1%), Tesla (-3.5%), Apple (-2.1%), Amazon (-1.1%), and Alphabet (-1.6%). Meanwhile, Nvidia surged 9.3% on strong earnings and revenue driven by AI chip demand. Boeing, however, dropped 7.6% after its CFO projected negative free cash flow and ongoing production challenges affecting aircraft deliveries in the second quarter.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a90ee96 elementor-widget elementor-widget-image\" data-id=\"5a90ee96\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/aO2Qb6fU\/\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-544ee8fe elementor-widget elementor-widget-text-editor\" data-id=\"544ee8fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>Gold (XAUUSD):<\/strong><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-295ef13b elementor-widget elementor-widget-text-editor\" data-id=\"295ef13b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Gold prices dropped to around $2,330 per ounce on Friday, nearing two-week lows and on track for the first weekly drop in three weeks. This decline comes as investors reduced their expectations for Fed rate cuts following recent US economic data. On Thursday, S&amp;P Global&#8217;s flash PMI readings for May indicated accelerating business activity in the US. Additionally, fewer Americans filed for unemployment claims than expected, signaling labor market strength. The Fed\u2019s May meeting minutes revealed concerns about persistent inflation, with several officials suggesting a possible rate hike if inflation continues to rise. Over the week, gold is set to decline by 3.4%.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38c49f8a elementor-widget elementor-widget-image\" data-id=\"38c49f8a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/vVguvopM\/\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fb734f5 elementor-widget elementor-widget-text-editor\" data-id=\"4fb734f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Foreign Exchange Market (FOREX):<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3811a435 elementor-widget elementor-widget-text-editor\" data-id=\"3811a435\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">The Euro rose above $1.083, rebounding from a recent one-week low, as recent data suggested the ECB might implement fewer rate hikes this year. Negotiated pay surged by 4.7% compared to a year ago in the first quarter, nearing record levels seen in Q3 2023, prompting an inflation warning for the ECB. Additionally, PMI readings indicated that private sector activity grew the most in a year in April, with faster increases in new orders and employment. As a result, investors are now pricing in only 60bps of ECB rate cuts this year. Meanwhile, in the US, recent FOMC meeting minutes and comments from Fed officials suggest a hawkish stance, indicating that interest rates will remain elevated due to concerns about slow disinflation progress.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d2621a9 elementor-widget elementor-widget-image\" data-id=\"2d2621a9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/4mfJKsqF\/\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67551813 elementor-widget elementor-widget-text-editor\" data-id=\"67551813\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>Ethereum (ETH):<\/strong><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bdcc9c elementor-widget elementor-widget-text-editor\" data-id=\"1bdcc9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Ethereum&#8217;s breakout is likely to continue, potentially reaching the $3,800 region based on the previous downtrend and the falling triangle pattern&#8217;s measurement. Resistance is expected around the Fibonacci 0.786 level, translating to $3,830. Conversely, the closest support lies at Fibonacci 0.618, or $3,630. The SEC is set to announce its final verdict on VanEck&#8217;s application for the first ETH ETF. A positive decision is expected to trigger immediate bullish sentiment. If Ethereum breaks past the $3,800 resistance, it could potentially climb toward the Fibonacci expansion zone of $4,400-$4,800. The $4,090-$4,100 range could act as intermediate resistance on this upward trajectory.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13e507aa elementor-widget elementor-widget-image\" data-id=\"13e507aa\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/lnBemWu6\/\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-745db2d1 elementor-widget elementor-widget-text-editor\" data-id=\"745db2d1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>US Crude Oil WTI :<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fac3d02 elementor-widget elementor-widget-text-editor\" data-id=\"1fac3d02\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">WTI crude futures fell below $77 per barrel on Friday, hitting a three-month low and facing a weekly drop of more than 3%, driven by demand concerns and rising US stockpiles. Stronger US PMI data diminished expectations for Federal Reserve rate cuts, negatively impacting the US economic outlook and energy demand. Some Fed officials have indicated a willingness to raise rates if inflation spikes, as noted in the latest FOMC minutes. EIA data showed an unexpected increase in US crude inventories last week, with supplies at Cushing, Oklahoma reaching their highest levels since July. However, a positive note on US gasoline demand, which hit its highest levels since November, offered some support to oil prices ahead of the US summer driving season. Market participants are now focusing on the rescheduled OPEC+ meeting on June 2, where potential output cut extensions by major producers to address global oversupply concerns will be closely watched.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fab22e4 elementor-widget elementor-widget-image\" data-id=\"2fab22e4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/mwMATmnx\/\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a8edc5c elementor-widget elementor-widget-text-editor\" data-id=\"3a8edc5c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Disclaimer: The views and opinions expressed in the blog posts on this website are those of the respective authors and do not necessarily reflect the official policy or position of Meta Trading Club Inc. The content provided in these blog posts is for informational purposes only and should not be considered as financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Meta Trading Club Inc shall not be held liable for any losses or damages arising from the use of information presented in the blog posts.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Yesterday, following Nvidia&#8217;s earnings report that significantly exceeded expectations, we saw the release of PMI data and a strengthening of the dollar. However, it&#8217;s worth noting that these positive data points may not be sufficient to drive the market in a new direction. The market&#8217;s focus remains on the anticipated first step in the Federal [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":8431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-8430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-mornings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Mornings: Nvidia Earnings Boost and PMI Data Review<\/title>\n<meta name=\"description\" content=\"Get the latest insights on Nvidia&#039;s impressive earnings, the impact of PMI data, and market trends in gold, WTI, forex, and Ethereum in today&#039;s Market Mornings report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metatradingclub.com\/market-mornings-2024-05-24-nvidias-surprise-and-pmi-highs-buckle-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Mornings (2024.05.24): Nvidia&#039;s Surprise and PMI Highs: Buckle Up!\" \/>\n<meta property=\"og:description\" content=\"Get the latest insights on Nvidia&#039;s impressive earnings, the impact of PMI data, and market trends in gold, WTI, forex, and Ethereum in today&#039;s Market Mornings report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/metatradingclub.com\/market-mornings-2024-05-24-nvidias-surprise-and-pmi-highs-buckle-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Meta Trading Club\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/shahryartrades2\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-24T11:54:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-24T14:24:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/metatradingclub.com\/wp-content\/uploads\/2024\/05\/Designer-1024x577.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"577\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shahryar R\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ShahryarTrades\" \/>\n<meta name=\"twitter:site\" content=\"@ShahryarTrades\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shahryar R\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" 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