Hot spot tracking
- After Los Angeles, New York also fell into chaos, with more than 20 demonstrators arrested. Federal agencies' enforcement actions against illegal immigrants in California sparked protests, and Trump deployed 2,000 National Guard troops to Los Angeles. This news is bearish for the US dollar and US stocks.
- US non-farm payrolls in May were slightly better than expected, with significant downward revisions to the previous two months' data; the unemployment rate remained stable, and average hourly wages were better than expected; Fed rate cut bets decreased. This news is bullish for the dollar.
- Trump commented on the non-farm payroll data, highlighting impressive employment figures and a surge in the stock market! He once again called on Powell to cut interest rates by 100 basis points. In an interview, he mentioned that the appointment result for the new Federal Reserve chairman will be announced soon. This news is bearish for the dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.41% 1.13956 1.13946 GBP/USD ▼-0.31% 1.35314 1.35303 AUD/USD ▼-0.13% 0.64988 0.6501 USD/JPY ▲0.86% 144.782 144.769 GBP/CAD ▼-0.14% 1.85313 1.8516 NZD/CAD ▼-0.11% 0.82415 0.8244 📝 Review:Last Friday, as stronger-than-expected non-farm payroll data dampened hopes for a Fed rate cut this year, the dollar index rose, reclaiming the 99 mark and ultimately closing up 0.491% at 99.22. U.S. Treasury yields surged significantly, with the benchmark 10-year yield rising more than 10 basis points to close at 4.512%, while the 2-year yield broke through 4%, closing at 4.045%.🕵️ Operation suggestion:USD/JPY 144.674 Buy Target Price 146.184
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-1.26% 3312.28 3312.01 Silver ▲0.89% 35.937 36.015 📝 Review:Spot gold continued to decline after the release of non-farm payroll data, once falling below the $3,310 mark, and finally closed down 1.22% at $3,311.68 per ounce; spot silver extended its gains but failed to hold above $36 per ounce, finally closing up 0.9% at $35.954 per ounce, with a cumulative weekly increase of over 9%.🕵️ Operation suggestion:Gold 3318.85 Sell Target Price 3247.50
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲2.07% 63.92 64.07 Brent Crude Oil ▲1.78% 66.181 66.166 📝 Review:As concerns about an economic slowdown dampening crude oil demand eased, international crude oil prices rose for a second consecutive day. WTI crude oil climbed above $64 per barrel, ultimately closing up 2.36% at $64.11 per barrel; Brent crude oil closed up 2.04% at $66.37 per barrel.🕵️ Operation suggestion:WTI Crude Oil 63.913 Buy Target Price 66.135
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲1.20% 21749.75 21769.75 Dow Jones ▲0.92% 42724.7 42784.3 S&P 500 ▲1.07% 5996.225 6002.85 US Dollar Index ▲0.53% 98.96 98.91 📝 Review:The three major U.S. stock indices opened higher and continued to rise, with the Dow closing up 1.05%, the S&P 500 closing up 1.03% (breaking through 6,000 points for the first time since February 21), and the Nasdaq closing up 1.2%. Stablecoin giant Circle surged 28%, Tesla (TSLA.O) closed up 3.6%, while Tesla (TSLA.O) fell 15% last week, marking its largest weekly drop since 2023. Nvidia (NVDA.O) closed up 1.3%, Apple (AAPL.O) rose 1.6%, and Micron Technology gained 2%.🕵️ Operation suggestion:Nasdaq 100 21735.575 Buy Target Price 22016.248
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.56% 106085.2 106269.4 Ethereum ▲0.26% 2529 2536 Dogecoin ▲0.24% 0.18506 0.18589 📝 Review:Currently, Bitcoin's structure shows a 4-hour decline followed by a 4-hour sideways movement, while Ethereum experienced a 4-hour decline followed by a 4-hour rebound. To determine the subsequent major trend, we need to wait for the third movement to appear on the 4-hour chart. Bitcoin's price has been fluctuating within a narrow range of 104,500 to 105,000 points, with relatively low volatility. In contrast, Ethereum attempted to break through the 2,650-point level last night but subsequently fell back in the early morning, which may indicate the formation of a second-type selling point on the 4-hour chart. Overall, the market is about to experience significant movement, with a high probability of a corrective decline tonight or tomorrow. Bitcoin may test the support level at 98,000 points, while Ethereum could approach the 2,400-point range.🕵️ Operation suggestion:BitCoin 105671.6 Buy Target Price 108399.4
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