Hot spot tracking
- Trump sent tariff letters to 14 countries, imposing a 25% tariff on imports from Japan and South Korea starting August 1, and tariffs ranging from 25% to 40% on imports from Malaysia, South Africa, Indonesia, Myanmar, Thailand, etc. Any country aligning with the BRICS nations' anti-American policies will face an additional 10% tariff. An executive order was also signed to extend the suspension period for reciprocal tariffs until August 1. This news is bearish for the Thai baht, Japanese yen, and South Korean won.
- The EU claims that trade negotiations with the United States have made good progress, and the Portuguese finance minister also believes that Europe and the United States are expected to reach an agreement with extremely low tariffs, possibly below 10%. According to sources, the EU is seeking an agreement with the US to offset the trade imbalance in automobiles, with the former potentially gaining basic tariff exemptions on aircraft and spirits. This news is positive for the euro.
- The Houthi armed forces attacked commercial ships in the Red Sea for the first time since December last year. This news is bullish for crude oil and gold.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.60% 1.17078 1.17079 GBP/USD ▼-0.39% 1.36019 1.36054 AUD/USD ▼-1.00% 0.649 0.64904 USD/JPY ▲1.07% 146.044 146.023 GBP/CAD ▲0.28% 1.86072 1.86056 NZD/CAD ▼-0.51% 0.81988 0.82038 📝 Review:On Monday, the US dollar index surged after President Trump announced new tariffs on a series of countries including Japan and South Korea, effective August 1. The index rose to an intraday high of 97.65 before closing up 0.58% at 97.51. The benchmark 10-year US Treasury yield closed at 4.385%, while the 2-year yield settled at 3.897%.🕵️ Operation suggestion:USD/JPY 145.925 Buy Target Price 147.997
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.04% 3336.19 3339.09 Silver ▼-0.46% 36.755 36.75 📝 Review:Spot gold fell first and then rose, once breaking through the $3,300 mark during the session, but then staged a strong V-shaped rebound of nearly $40, finally closing down 0.02% at $3,336.51 per ounce; spot silver finally closed down 0.43% at $36.74 per ounce.🕵️ Operation suggestion:Gold 3334.34 Sell Target Price 3296.10
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲3.33% 66.992 66.995 Brent Crude Oil ▲2.68% 69.132 69.133 📝 Review:Signs of strong demand offset concerns over OPEC+'s higher-than-expected production increase in August and potential new impacts from U.S. tariffs, leading to a sharp rebound in both oil benchmarks. WTI crude surged over 2% intraday, briefly climbing above $67, and ultimately closed up 2.11% at $67.01 per barrel; Brent crude rose 1.65%, settling at $69.02 per barrel.🕵️ Operation suggestion:WTI Crude Oil 66.785 Buy Target Price 69.186
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.50% 22659.05 22623 Dow Jones ▼-0.81% 44339.2 44248.9 S&P 500 ▼-0.53% 6223.05 6211.45 US Dollar Index ▲0.60% 97.25 97.06 📝 Review:Affected by Trump's trade threat remarks, U.S. stocks faced some pressure. The Dow fell 0.94%, the S&P 500 dropped 0.79%, and the Nasdaq declined 0.92%. Tesla (TSLA.O) fell nearly 7%, Apple (AAPL.O) dropped over 1%. The Nasdaq Golden Dragon China Index rose 0.59%, Alibaba (BABA.N) fell 2.2%, and XPeng (XPEV.N) dropped 5%.🕵️ Operation suggestion:Nasdaq 100 22676.750 Buy Target Price 22900.000
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.21% 107824.4 108104.4 Ethereum ▼-2.07% 2532 2537.5 Dogecoin ▼-3.00% 0.16639 0.16668 📝 Review:From an overall market trend observation, the bearish forces in the Bitcoin market currently hold a slight upper hand. As of writing, Bitcoin's price is trading below the 109,000-point mark, continuing last week's analytical logic: if the price effectively breaks below the key support level of 108,500 points, it is highly likely to trigger an accelerated decline in the short term. Tonight's U.S. trading session is particularly critical — if the short-term support level fails to form an effective stop to the decline, bearish momentum may further release, driving the 4-hour cycle to complete a downward wave, which could then extend to the daily level, forming a pullback adjustment. Looking at the performance of specific assets, Bitcoin once again attempted to breach the 110,000-point integer level today but failed to hold steady, while Ethereum similarly tested the 2,600-point resistance level without achieving a valid breakthrough. Overall, if tonight's market fails to show a strong rebound, it will indirectly confirm the dominance of bearish forces, with market risk factors gradually rising. Operationally, it is advisable to be cautious of chasing rallies, maintaining a wait-and-see approach or lightly positioning with a bearish strategy.🕵️ Operation suggestion:BitCoin 108237.5 Buy Target Price 109819.3
Calendar
- 22:00 (GMT+8): Canada June Seasonally Adjusted IVEY PMI
- 23:00(GMT+8): US June New York Fed 1-Year Inflation Expectations
- 23:30 (GMT+8): US 12-month Treasury auction on July 8 - total amount
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