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Market News Trump asks why the Iranian regime cannot be changed, gold and crude oil surge on Monday!
Markets News
Trump asks why the Iranian regime cannot be changed, gold and crude oil surge on Monday!
TOPONE Markets Analyst2025-06-23 08:25:01
Hot spot tracking
- The US military launched airstrikes on three major Iranian nuclear facilities, including Fordow, and Iran must immediately agree to end this war. This news is bullish for crude oil and gold.
- Fed Governor Waller: A rate cut may be possible as early as the July meeting. This news is bearish for the dollar in the short term but bullish in the long term.
- The United States is demanding unbalanced trade concessions from the EU, which may trigger retaliation from the EU. This news is bearish for the dollar.
Product Hot Comment
ForexProduct Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.19% 1.15153 1.14735 GBP/USD ▼-0.13% 1.34452 1.3407 AUD/USD ▼-0.43% 0.6448 0.64249 USD/JPY ▲0.48% 146.173 146.539 GBP/CAD ▲0.21% 1.84734 1.84241 NZD/CAD ▼-0.14% 0.81942 0.81737 📝 Review:Last Friday, due to the uncertainty in the Middle East conflict and its potential impact on the global economy, the U.S. dollar index recorded its largest weekly gain in over a month, while remaining flat on a daily basis, ultimately closing down 0.01% at 98.77. The dollar index rose about 0.5% early Monday before retreating; the benchmark 10-year U.S. Treasury yield closed at 4.3830% last Friday, while the 2-year yield closed at 3.9160%.🕵️ Operation suggestion:USD/JPY 146.172 Buy Target Price 147.555
GoldProduct Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.14% 3365.35 3391.32 Silver ▼-1.01% 35.996 36.05 📝 Review:Although rising geopolitical risks provided support for gold prices, the increase in U.S. inflation expectations and the Federal Reserve's cautious stance affected market expectations for the number of rate cuts by the Fed this year. Spot gold stabilized last Friday, ultimately closing down 0.07% at $3,371.39 per ounce. Influenced by factors such as U.S. airstrikes on Iran's three major nuclear facilities and Trump questioning why the Iranian regime cannot be changed, spot gold opened $24 higher on Monday, reaching a peak of $3,398 per ounce. Last Friday, spot silver closed down 1.9% at $36.02 per ounce.🕵️ Operation suggestion:Gold 3371.67 Sell Target Price 3338.39
Crude OilProduct Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.01% 73.651 76.321 Brent Crude Oil ▼-1.89% 75.836 77.47 📝 Review:WTI crude oil surged at the opening last Friday but then retreated, nearly erasing all its intraday gains, closing up 0.2% at $73.96 per barrel. Due to escalating tensions in the Middle East, WTI crude oil opened 3.7% higher on Monday. Brent crude oil fell 1.93% last Friday, closing at $77.17 per barrel, and opened 1.8% higher on Monday.🕵️ Operation suggestion:WTI Crude Oil 75.423 Buy Target Price 77.892
IndiceProduct Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.02% 21622 21402.95 Dow Jones ▲0.54% 42192 41902.7 S&P 500 ▲0.16% 5964.85 5919.65 US Dollar Index ▲0.08% 98.47 98.77 📝 Review:The Dow Jones Industrial Average rose 0.08%, the S&P 500 fell 0.22%, and the Nasdaq fell 0.51%. Circle (CRCL.N) surged 20%, Coinbase (COIN.O) rose 4.43%. Chip stocks weakened, with TSMC (TSM.N) down 1.87% and Intel (INTC.O) down 1.91%. The Nasdaq Golden Dragon China Index fell 0.92%.🕵️ Operation suggestion:Nasdaq 100 21510.050 Sell Target Price 21103.064
Calendar
20:00 (GMT+8): Canada's National Economic Confidence Index for the Week Ending June 20- 21:45 (GMT+8): U.S. June SPGI Manufacturing PMI Preliminary
- 22:00 (GMT+8): US May Existing Home Sales Annualized Total
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