Expectations of Further Interest Rate Hikes by the Federal Reserve Are Heating Up

We use cookies to learn more about how you use our website and what we can improve. Continue to use our website by clicking "Accept". Details

Trader Affiliates

Market News

Hot spot tracking

U.S. jobless claims drop instead of up

US bans president from announcing withdrawal from NATO without consent

India imposes rice export ban

Product Hot Comment

Forex

Product	Yesterday's Change	Yesterday's Close	Today's Open
EUR/USD	▼-0.64%	1.1129	1.11351
GBP/USD	▼-0.54%	1.28668	1.28682
AUD/USD	▲0.09%	0.67817	0.6783
USD/JPY	▲0.33%	140.064	140.058
GBP/CAD	▼-0.45%	1.69479	1.69501
NZD/CAD	▼-0.36%	0.82109	0.82046

📝 Review:The dollar rose against a basket of currencies on Thursday after data showed that the number of Americans filing new claims for jobless benefits unexpectedly fell last week, boosting expectations that the Federal Reserve may keep raising interest rates if the economy remains strong.

🕵️ Operation suggestion:

USD/JPY 139.830 Buy Target Price 140.495

Gold

Product Yesterday's Change Yesterday's Close Today's Open

Gold ▼-0.35% 1969.39 1969.84
Silver ▼-1.54% 24.742 24.75

📝 Review:Gold prices retreated from two-month highs on Thursday as the dollar and U.S. Treasury yields climbed, but hopes that the Federal Reserve would pause interest rate hikes after its July meeting limited losses.

🕵️ Operation suggestion:

Gold 1972.04 Buy Target Price 1984.49
Crude Oil

Product Yesterday's Change Yesterday's Close Today's Open

WTI Crude Oil ▲0.52% 75.653 75.647
Brent Crude Oil ▲0.36% 79.544 79.646

📝 Review:Oil prices ended slightly higher on Thursday, helped by a draw in U.S. crude inventories and strong Chinese crude imports, but a weak demand outlook kept investors cautious.

🕵️ Operation suggestion:

WTI Crude Oil 75.667 Buy Target Price 76.860

Product	Yesterday's Change	Yesterday's Close	Today's Open
Gold	▼-0.35%	1969.39	1969.84
Silver	▼-1.54%	24.742	24.75

Product	Yesterday's Change	Yesterday's Close	Today's Open
WTI Crude Oil	▲0.52%	75.653	75.647
Brent Crude Oil	▲0.36%	79.544	79.646

Indice

Product	Yesterday's Change	Yesterday's Close	Today's Open
Nasdaq 100	▼-1.61%	15473.65	15477.05
Dow Jones	▲0.60%	35238.5	35248.8
S&P 500	▼-0.38%	4535.95	4537.65
US Dollar Index	▲0.57%	100.4	100.36

📝 Review:U.S. stocks were mixed, with the Dow up 0.47%, the S&P 500 down 0.67%, and the Nasdaq down 2.05%. Technology stocks suffered setbacks across the board. Tesla and Netflix on the first trading day after the results closed down 9.7% and 8% respectively. The trillion-dollar market value team also dragged down the broader market, with Nvidia closing down 3%, Apple down 1%, and Google and Microsoft down 2%. The Nasdaq China Golden Dragon index closed down 0.6%.

🕵️ Operation suggestion:

Nasdaq 100 15443.050 Sell Target Price 15296.180

Crypto

Product Yesterday's Change Yesterday's Close Today's Open

BitCoin ▼-0.67% 29711.1 29847
Ethereum ▼-0.34% 1880.8 1890.4
Dogecoin ▼-0.65% 0.06925 0.06995

📝 Review:Bitcoin and other cryptocurrencies traded higher on Thursday, but remained close to levels they have dominated for weeks at a time of historic stagnation in digital asset prices. There are few signs that big moves are coming.

🕵️ Operation suggestion:

BitCoin 29766.6 Buy Target Price 30125.6