Hot spot tracking
- Several Fed officials oppose rate cuts. Dallas Fed President Lorie Logan believes the Fed did not need to cut rates last week and opposes another rate cut in December. This news is positive for the dollar.
- According to CNN, the U.S. Department of Defense has approved the provision of long-range Tomahawk missiles to Ukraine, with the final decision-making authority transferred to Trump. This news is bullish for crude oil.
- Considering the stable global economic outlook and the current favorable market conditions of low inventories, the ministers from eight OPEC+ countries have decided to increase oil production quotas by 137,000 barrels per day in December and pause production increases in the first quarter of next year. This news is bearish for crude oil.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.07% 1.15247 1.15325 GBP/USD ▼-0.09% 1.31296 1.31409 AUD/USD ▲0.15% 0.65475 0.65379 USD/JPY ▲0.12% 154.245 154.053 GBP/CAD ▼-0.04% 1.84033 1.84103 NZD/CAD ▲0.12% 0.80204 0.80108 📝 Review:Last Friday, due to several Federal Reserve officials publicly opposing a December interest rate cut, the U.S. dollar index continued to strengthen and recorded its best monthly performance since July, ultimately closing up 0.25% at 99.70. The benchmark 10-year U.S. Treasury yield ended at 4.079%, while the more policy-sensitive 2-year U.S. Treasury yield closed at 3.582%.🕵️ Operation suggestion:USD/JPY 154.170 Buy Target Price 155.096
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.53% 3962.5 3983.43 Silver ▼-0.48% 48.254 48.485 📝 Review:Spot gold fluctuated downward and plunged during the US trading session, with a drop of over 1% at one point during the session. It later recovered some losses, returning near the $4,000 mark, and ultimately closed down 0.53% at $4,003.23 per ounce, still recording a third consecutive monthly gain. Spot silver ultimately closed down 0.47% at $48.68 per ounce.🕵️ Operation suggestion:Gold 3979.09 Sell Target Price 3880.68
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.28% 61.206 61.035 Brent Crude Oil ▲1.62% 65.027 63.993 📝 Review:Crude oil continues to be affected by news, with prices suddenly rising due to media reports suggesting the US might launch an airstrike on Venezuela, but then falling back after President Trump denied the claims on social media. WTI crude oil briefly climbed back above $61 during the session, ultimately closing up 0.96% at $60.66 per barrel; Brent crude oil ended up 0.88% at $64.47 per barrel.🕵️ Operation suggestion:WTI Crude Oil 61.140 Buy Target Price 62.406
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.33% 25978.15 25891.55 Dow Jones ▲0.23% 47717.2 47608.8 S&P 500 ▲0.26% 6867.15 6849.05 US Dollar Index ▲0.11% 99.62 99.51 📝 Review:The three major U.S. stock indices all rose, with the Dow Jones closing up 0.09%, the S&P 500 up 0.26%, and the Nasdaq Composite up 0.61%. Amazon (AMZN.O) rose 9.58%, Tesla (TSLA.O) rose 3.74%, Nvidia (NVDA.O) fell 0.2%, and Meta Platforms (META.O) fell 2.72%. The Nasdaq Golden Dragon China Index closed up 0.53%, NIO (NIO.N) rose 3.46%, and Alibaba (BABA.N) fell over 2%.🕵️ Operation suggestion:Nasdaq 100 25952.750 Buy Target Price 26241.824
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.77% 110690.1 109842.3 Ethereum ▲1.58% 3914.4 3853.4 Dogecoin ▲1.44% 0.18578 0.18314 📝 Review:Bitcoin fluctuated and rebounded from last night to today. On the evening of the 2nd, it once fell below $110,000, hitting a low of $109,585, and has now rebounded to around $110,613 (up 0.58% in 24 hours). On the news front, the U.S. government shutdown continues, and comments from Fed officials have sparked caution. However, if the Senate reaches a compromise in the vote on the evening of the 3rd, it may ease sentiment. BlackRock's holdings of over 750,000 BTC (with a market value of $85 billion) provide support. Technically, the 4-hour RSI at 41.18 is neutral to bearish, and the MACD red bars are contracting, indicating slowing momentum. Key support is at $109,500, resistance at $111,000, and the battle between bulls and bears awaits clearer policy signals.🕵️ Operation suggestion:BitCoin 110615.2 Sell Target Price 106426.6
Calendar
- 22:45 (GMT+8): U.S. October S&P Global Manufacturing PMI Final Value
- 23:00(GMT+8): US October ISM Manufacturing PMI
- 23:00(GMT+8): U.S. September Construction Spending Month-over-Month
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