Hot spot tracking
- Trump: Furniture tariffs will be introduced soon, and the tariffs will be very high; export restrictions and tariff measures will be implemented in response to foreign digital taxes. This news is negative for furniture import and export companies.
- The United States has in principle agreed to exempt Indonesian palm oil, cocoa, and rubber from a 19% tariff. This news is bullish for cocoa and rubber.
- The Russian government has extended broader gasoline export restrictions until September 30. This news is bearish for crude oil.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.18% 1.16405 1.16451 GBP/USD ▲0.16% 1.3477 1.34788 AUD/USD ▲0.20% 0.64936 0.64915 USD/JPY ▼-0.20% 147.422 147.419 GBP/CAD ▲0.05% 1.86487 1.86355 NZD/CAD ▲0.03% 0.81082 0.81032 📝 Review:On Tuesday, Trump's attempt to remove Federal Reserve Governor Cook sparked concerns about the central bank's independence, causing the dollar index to retreat but still remain above the 98 mark, ultimately closing down 0.21% at 98.19. The U.S. Treasury yield curve steepened, with the benchmark 10-year Treasury yield closing at 4.268% and the 2-year Treasury yield closing at 3.269%.🕵️ Operation suggestion:USD/JPY 147.470 Buy Target Price 148.947
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.83% 3393.52 3393.49 Silver ▲0.08% 38.593 38.627 📝 Review:Amid the combined impact of the Federal Reserve's turmoil and France's political instability, spot gold regained safe-haven buying, closing above the $3,390 mark in late trading, ultimately rising by 0.83% to settle at $3,393.7 per ounce, hitting a new high in over two weeks; spot silver rose by 0.12% to settle at $38.61 per ounce.🕵️ Operation suggestion:Gold 3390.33 Buy Target Price 3410.33
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-2.28% 63.116 63.125 Brent Crude Oil ▼-2.15% 66.705 66.718 📝 Review:As Trump continues to issue more tariff threats, adding uncertainty to the global trade situation, and traders reassess the possibility of disruptions to Russian fuel supplies, international crude oil retreated from a three-week high. WTI crude once fell below the 63 mark, eventually closing down 2.27% at $63.15 per barrel; Brent crude ultimately closed down 2.13% at $66.75 per barrel.🕵️ Operation suggestion:WTI Crude Oil 63.247 Buy Target Price 64.990
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.39% 23539.95 23549.05 Dow Jones ▲0.22% 45434 45445.8 S&P 500 ▲0.35% 6469.75 6471.45 US Dollar Index ▼-0.24% 97.96 98 📝 Review:The three major U.S. stock indices closed slightly higher, with the Dow up 0.3%, the S&P 500 up 0.4%, and the Nasdaq up 0.44%. Pinduoduo (PDD.O) fell more than 3%, while Tesla and Nvidia (NVDA.O) both rose more than 1%. The Nasdaq Golden Dragon China Index closed up 0.72%, with NIO (NIO.N) up 10% and XPeng (XPEV.N) up more than 5%.🕵️ Operation suggestion:Nasdaq 100 23550.550 Buy Target Price 23693.220
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲1.31% 111259.1 111522.1 Ethereum ▲5.39% 4583.2 4604.5 Dogecoin ▲5.16% 0.21765 0.21882 📝 Review:From last night to today, Bitcoin continued its weak correction, dragged down by the decline in U.S. tech stocks. The price fell below the key $110,000 level, hitting a low of $108,000 (a 2% drop in 24 hours), and is currently fluctuating around $110,000. On the news front, although Powell hinted at opening the door for a September rate cut (probability increased to 85%), short-term selling pressure dominated. However, BlackRock and Fidelity's ETF holdings reached a record high of 1.25 million coins, providing support. From a technical perspective, the 4-hour RSI is neutral to bearish, with the price hovering near the lower Bollinger Band. The $108,000–$110,000 range has become a key support level. If it holds, a rebound to $112,000 is possible; if broken, it may test $104,500. Exchange balances remain low, and long-term holdings exceeding 70% show resilience. Focus is on the impact of tonight's PCE data.🕵️ Operation suggestion:BitCoin 111763.4 Sell Target Price 108699.8
Calendar
- 19:00 (GMT+8): US MBA Mortgage Application Activity Index for the Week Ending August 22
- 22:10 (GMT+8): U.S. Four-Week Corporate Bond Market Distress Index as of August 22 - Overall Market Average
- 22:30 (GMT+8): U.S. EIA Crude Oil Stocks Change for the Week Ending August 22
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