Hot spot tracking
- NVIDIA has become the world's first company with a market capitalization exceeding $5 trillion. This news is bullish for NVIDIA.
- The United States announced a new round of sanctions against Russia, focusing on two oil companies. This news is bullish for crude oil.
- The Bank of Canada cut interest rates by 25 basis points as expected, while hinting at a pause in rate cuts. This news is negative for the Canadian dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.09% 1.16134 1.16026 GBP/USD ▲0.07% 1.32052 1.31955 AUD/USD ▲0.21% 0.65848 0.6571 USD/JPY ▼-0.11% 152.498 152.66 GBP/CAD ▼-0.03% 1.83845 1.83896 NZD/CAD ▲0.18% 0.80445 0.803 📝 Review:Early Thursday morning, Federal Reserve Chairman Powell dampened market expectations for another interest rate cut in December, with the dollar index extending its gains and ultimately closing up 0.41% at 99.14. U.S. Treasury yields consolidated at low levels, with the benchmark 10-year Treasury yield finally closing at 4.0760%, and the policy-sensitive 2-year Treasury yield closing at 3.6040%.🕵️ Operation suggestion:USD/JPY 152.540 Buy Target Price 153.379
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲1.07% 3964.19 3922.18 Silver ▲0.73% 47.881 47.536 📝 Review:Although the Federal Reserve cut interest rates by 25 basis points as expected, the market digested Powell's comments on the future policy path. Spot gold gave up all its intraday gains and finally closed down 0.56% at $3930.61 per ounce; spot silver narrowed its gains and finally closed up 1.1% at $47.57 per ounce.🕵️ Operation suggestion:Gold 3958.32 Sell Target Price 3891.54
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.10% 60.256 60.197 Brent Crude Oil ▼-0.17% 64.067 64.176 📝 Review:EIA data showed a larger-than-expected decline in crude oil inventories last week, and the United States announced a new round of sanctions against Russia, causing international oil prices to end a three-day decline. WTI crude oil ultimately closed up 0.27% at $60.21 per barrel; Brent crude oil ultimately closed up 0.70% at $64.20 per barrel.🕵️ Operation suggestion:WTI Crude Oil 60.179 Sell Target Price 58.329
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.53% 26176.35 26039.55 Dow Jones ▲0.39% 47710.7 47523.7 S&P 500 ▲0.46% 6908.85 6877.15 US Dollar Index ▼-0.09% 98.84 98.93 📝 Review:Fed Chair Powell's hawkish remarks disrupted the U.S. stock market rally, with the Dow closing down 0.16%, the S&P 500 slightly lower, and the Nasdaq up 0.55%. Google A (GOOGL.O) and Nvidia (NVDA.O) rose nearly 3%, with the latter's market capitalization stabilizing at $5 trillion. Western Digital (WDC.O) gained 13%. The Nasdaq Golden Dragon China Index edged down, with iQiyi (IQ.O) up 4% and WeRide (WRD.O) down 5%.🕵️ Operation suggestion:Nasdaq 100 26159.050 Buy Target Price 26324.428
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.69% 109664.5 111554.8 Ethereum ▼-2.09% 3871.9 3954.6 Dogecoin ▼-2.47% 0.1903 0.19511 📝 Review:From last night to today, Bitcoin fluctuated downward before slightly rebounding, hitting a low of $109,200. As of this morning, it was reported at $110,170.22 (a 2.35% drop over 24 hours). On the news front, the Fed cut interest rates by 25 basis points, but Powell stated that a December rate cut is not inevitable, triggering a market plunge. Meanwhile, over the past 24 hours, CEX saw a net outflow of 12,254 BTC, and the derivatives market experienced a liquidation of both long and short positions, with liquidation amounts reaching $66.41 million. On the technical side, the 4-hour MACD histogram is negative but shortening, indicating strengthening bullish momentum. The KDJ formed a golden cross, and the RSI is oversold (9). The support level is at $111,361, and the resistance level is at $115,896. In the short term, it is suppressed by the M-top pattern, and caution is needed against the risk of a pullback.🕵️ Operation suggestion:BitCoin 110272.0 Sell Target Price 109182.8
Calendar
- 21:00 (GMT+8): German October CPI Monthly Rate Preliminary
- 21:15 (GMT+8): Eurozone ECB Deposit Facility Rate until October 30
- 22:30 (GMT+8): U.S. EIA Natural Gas Stocks for the Week Ending October 24
Bonus rebate to help investors grow in the trading world!
Or try Free Demo Trading