Hot spot tracking
- The preliminary US S&P Global Composite PMI for August recorded 55.4, hitting an 8-month high, leading traders to reduce bets on the Fed cutting interest rates twice this year. This news is bullish for US manufacturing.
- The number of initial jobless claims in the U.S. increased by 11,000 to 235,000 on a seasonally adjusted basis last week, marking the largest increase since the end of May; continuing claims rose by 30,000 to 1.972 million, the highest level since November 2021. This news is bearish for the U.S. dollar.
- The US and the EU have formally finalized the framework of a trade agreement, with the US imposing a maximum tariff rate of 15% on most EU goods, including automobiles. This news is bullish for automotive manufacturing concept stocks.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.40% 1.16056 1.16068 GBP/USD ▼-0.33% 1.34128 1.34114 AUD/USD ▼-0.19% 0.64198 0.64189 USD/JPY ▲0.74% 148.377 148.364 GBP/CAD ▲0.00% 1.86524 1.86462 NZD/CAD ▲0.25% 0.80903 0.80899 📝 Review:On Thursday, the US dollar index continued to strengthen, hitting an intraday high of 98.67 and eventually closing up 0.43% at 98.62; the benchmark 10-year US Treasury yield closed at 4.330%, while the 2-year US Treasury yield closed at 3.794%.🕵️ Operation suggestion:USD/JPY 148.321 Sell Target Price 147.070
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.36% 3338.63 3338.53 Silver ▲0.59% 38.127 38.121 📝 Review:Spot gold continued to fall after opening with a jump, hitting an intraday low of $3,325.19 during the session, then recovered some of its losses, eventually closing down 0.29% at $3,338.55 per ounce; spot silver closed up 0.56% at $38.10 per ounce.🕵️ Operation suggestion:Gold 3337.50 Buy Target Price 3359.69
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.99% 63.388 63.386 Brent Crude Oil ▲0.97% 67.124 66.477 📝 Review:Crude oil rose nearly 1% as Russia and Ukraine accused each other of stalling the peace process, and earlier U.S. data showed signs of strong demand from the world's largest oil consumer. WTI crude returned above $63, finally closing up 0.98% at $63.38 per barrel; Brent crude finally closed up 0.86% at $67.00 per barrel.🕵️ Operation suggestion:WTI Crude Oil 63.366 Buy Target Price 64.325
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.48% 23142.25 23152.75 Dow Jones ▼-0.22% 44808.2 44831.2 S&P 500 ▼-0.34% 6372.05 6376.05 US Dollar Index ▲0.42% 98.39 97.98 📝 Review:The three major U.S. stock indices closed slightly lower, with the Dow down 0.34%, the S&P 500 down 0.4%, and the Nasdaq Composite down 0.34%. Walmart (WMT.N) fell more than 4%, Tesla (TSLA.O) fell 1%. The Nasdaq Golden Dragon China Index closed up 1.3%, with XPeng (XPEV.N) up 11.6%, NIO (NIO.N) up more than 9%, and Alibaba (BABA.N) down 1%.🕵️ Operation suggestion:Nasdaq 100 23156.450 Sell Target Price 23002.000
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.67% 112387.8 112566.3 Ethereum ▼-2.30% 4240 4241.3 Dogecoin ▼-2.67% 0.21544 0.21618 📝 Review:From last night to this morning, Bitcoin showed a consolidation and recovery trend: dragged down by the Fed meeting minutes hinting at maintaining high interest rate expectations and mixed earnings reports from U.S. tech stocks, it briefly fell below $113,000 on August 21, hitting a two-week low. However, boosted by BlackRock's increased holdings to 622,000 coins (market value exceeding $58.5 billion) and the enactment of Hong Kong's "Stablecoin Ordinance," the price rebounded above $115,000. As of this morning, it was reported at $116,739 (a 24-hour increase of 0.13%). From a technical perspective, Bitcoin has formed a new consolidation range between $113,000 and $116,000. The 4-hour chart RSI rebounded from oversold (38) to 47.9, and the Bollinger Bands continued to narrow (standard deviation dropped to 2.9%). The repeated intertwining of short-term moving averages and the price indicates intense battles between bulls and bears. The key support level has shifted downward to the $113,500–$114,000 range (corresponding to the EMA200 moving average and the cost area of institutional accumulation). If it breaks below this level with high volume, it could open up further downside space. However, on-chain data shows that exchange BTC balances have dropped to 2.5 million coins (the lowest since 2018), with long-term holdings accounting for over 70%. Combined with the scalability expectations brought by Layer2 technological breakthroughs, Bitcoin overall maintains upward resilience. The market is currently focused on Fed Chair Powell's adjustments to interest rate cut expectations at the Jackson Hole meeting tonight and the impact of U.S. tech stock earnings reports on liquidity.🕵️ Operation suggestion:BitCoin 112304.4 Buy Target Price 114007.3
Calendar
- 16:00(GMT+8): Taiwan's July Unemployment Rate
- 16:20 (GMT+8): Taiwan July M2 Money Supply YoY
- 20:30 (GMT+8): Canada Retail Sales MoM for June
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