Hot spot tracking
- September non-farm payrolls unexpectedly surged by 119,000, making the Fed's rate cut decision more complex. Interest rate markets still price in no Fed rate cut in December. This news is bullish for the dollar.
- The unemployment rate rose to 4.4%, the highest in four years. This news is negative for the US dollar and US stocks.
- Zelensky received the US peace plan draft and will hold consultations with Trump in the near future. This news is bearish for crude oil.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.05% 1.1534 1.15285 GBP/USD ▲0.10% 1.30849 1.30718 AUD/USD ▲0.04% 0.64498 0.64474 USD/JPY ▲0.04% 157.537 157.468 GBP/CAD ▲0.12% 1.84368 1.84138 NZD/CAD ▼-0.26% 0.78651 0.78859 📝 Review:On Thursday, as the mixed non-farm payroll data failed to dispel market doubts about the Fed's December interest rate cut, the U.S. dollar index maintained high volatility above the 100 mark, hitting a six-month high during the session, and ultimately closed up 0.105% at 100.23; U.S. Treasury yields retreated, with the benchmark 10-year Treasury yield finally closing at 4.088%, and the Fed policy-sensitive 2-year Treasury yield closing at 3.545%.🕵️ Operation suggestion:USD/JPY 157.493 Buy Target Price 158.200
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.30% 4088.94 4076.67 Silver ▲0.35% 50.846 50.67 📝 Review:Spot gold fluctuated within a range, hitting $4,100 per ounce again during the U.S. session but then retreating, ultimately edging up 0.01% to $4,078.59 per ounce; spot silver finally closed down 1.43% at $50.63 per ounce.🕵️ Operation suggestion:Gold 4077.33 Sell Target Price 3996.08
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.52% 58.386 58.69 Brent Crude Oil ▼-1.21% 62.469 63.232 📝 Review:As Zelensky expressed openness to peace talks, international crude oil continued its decline. WTI crude oil continued to fall during the US trading session, ultimately closing down 1.2% at $58.69 per barrel; Brent crude oil ultimately closed down 0.92% at $62.67 per barrel.🕵️ Operation suggestion:WTI Crude Oil 58.442 Sell Target Price 57.944
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.26% 24113.85 24050.35 Dow Jones ▲0.20% 45901.7 45809.7 S&P 500 ▲0.23% 6558.75 6543.65 US Dollar Index ▼-0.14% 99.83 99.97 📝 Review:All three major U.S. stock indices fell, with the Dow Jones down 0.84%, the S&P 500 down 1.55%, and the Nasdaq Composite down 2.15%. Nvidia (NVDA.O) fell 3.1% after rising 5% intraday, Micron Technology (MU.O) fell over 10%, and Oracle (ORCL.N) fell over 6%. The Nasdaq Golden Dragon China Index fell 3.2%, with NIO (NIO.N) down 6% and XPeng (XPEV.N) down 5%.🕵️ Operation suggestion:Nasdaq 100 24065.150 Sell Target Price 23822.254
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.83% 86395 88003.5 Ethereum ▼-2.08% 2821.6 2881.4 Dogecoin ▼-2.65% 0.14756 0.15157 📝 Review:From last night to today, Bitcoin fluctuated and rebounded within the range of $88,608 to $93,160, currently trading at $91,759.99 (a slight increase of 0.27% over 24 hours). On the news front, the cumulative outflow of U.S. Bitcoin ETFs in November exceeded $3 billion, putting pressure on the market, but heavy holdings from institutions like the Harvard Endowment Fund provided support. Technically, the 50-day moving average crossed below the 200-day moving average, forming a death cross. The RSI rebounded from the oversold zone, indicating weakened selling pressure, while reduced trading volume led to insufficient upward momentum. Key support is at $88,960, and resistance is at $95,364.🕵️ Operation suggestion:BitCoin 86846.0 Sell Target Price 84325.9
Calendar
- 17:00 (GMT+8): Eurozone November Manufacturing PMI Preliminary
- 22:45 (GMT+8): U.S. November S&P Global Manufacturing PMI Preliminary
- 23:00 (GMT+8): US November University of Michigan Consumer Sentiment Index Final
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