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Market News Federal Reserve Governor Milan calls for rapid interest rate cuts, claiming only gold contains a risk premium!
Markets News
Federal Reserve Governor Milan calls for rapid interest rate cuts, claiming only gold contains a risk premium!
Author Avatar TOPONE Markets Analyst
2025-10-16 08:50:29

Hot spot tracking

  • Fed Governor Milan called for accelerating the pace of interest rate cuts, but said there is no need for a single cut to exceed 50 basis points, stating that two more rate cuts this year are realistic. This news is negative for the U.S. dollar.
  • Pakistan and Afghanistan have implemented a ceasefire. This news is bearish for crude oil.
  • Trump threatens: If Hamas does not comply with the ceasefire agreement, Israel will resume operations at his command. This news is bullish for crude oil.

Product Hot Comment

  • Forex Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.18% 1.16637 1.1643
    GBP/USD 0.23% 1.3426 1.33946
    AUD/USD -0.47% 0.64789 0.65094
    USD/JPY -0.35% 150.505 151.027
    GBP/CAD 0.26% 1.88462 1.87974
    NZD/CAD 0.19% 0.80445 0.80291
    📝 Review:On Wednesday, the US Dollar Index fell for the second consecutive trading day, breaking below the 99 mark and continuing to decline. It ultimately closed down 0.4% at 98.664, hitting a one-week low. US Treasury yields consolidated at low levels, with the benchmark 10-year Treasury yield closing at 4.0335%, and the policy-sensitive 2-year Treasury yield closing at 3.51%.
    🕵️ Operation suggestion:

    USD/JPY 150.616  Sell  Target Price  150.158

  • Gold Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.45% 4227.28 4208.18
    Silver -0.34% 52.905 53.083
    📝 Review:Driven by expectations of Fed rate cuts and geopolitical tensions, spot gold extended its record-breaking rally, surpassing $4,200 and hitting new highs, ultimately closing up 1.6% at $4,208.28 per ounce, with a weekly gain of nearly $200; spot silver staged a strong rebound, approaching its historical high again, and finally closed up 3.11% at $52.99 per ounce.
    🕵️ Operation suggestion:

    Gold 4224.46  Buy  Target Price  4259.67

  • Crude Oil Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil 0.34% 58.495 58.298
    Brent Crude Oil -0.03% 62.189 62.207
    📝 Review:Due to concerns over supply surplus, international crude oil continues to hover near five-month lows. WTI crude oil fluctuated around the $58 mark, ultimately closing up 0.05% at $58.26 per barrel; Brent crude oil ended up 0.26% at $62.23 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 58.350  Sell  Target Price  57.205

  • Indice Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 -0.40% 24701.15 24801.25
    Dow Jones -0.22% 46259.1 46359.1
    S&P 500 -0.28% 6662.15 6680.85
    US Dollar Index -0.17% 98.31 98.48
    📝 Review:The three major U.S. stock indices were mixed, with the Dow slightly down, the S&P 500 up 0.4%, and the Nasdaq up 0.66%. AMD (AMD.O) rose 9.4%, Navitas Semiconductor (NVTS.O) surged 20%, and Western Digital (WDC.O) gained over 6%. The Nasdaq Golden Dragon China Index closed up 1.7%, with New Oriental (EDU.N) rising 10% and Full Truck Alliance (YMM.N) up 3.5%.
    🕵️ Operation suggestion:

    Nasdaq 100 24741.550  Buy  Target Price  25041.898

  • Crypto Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin -0.43% 110364.4 110844.5
    Ethereum 1.20% 3999.3 3952
    Dogecoin -0.27% 0.19368 0.1942
    📝 Review:Bitcoin showed weak fluctuations from last night to today, with prices oscillating between $110,000 and $113,600. It touched the support level of $110,000 at its lowest and was trading at $111,000 by the morning session (slightly down over 24 hours). On the news front, the Fed's delayed interest rate cut expectations suppressed risk sentiment, but Matrixport's prediction of a potential rise to $130,000 in October and the resilience of ETF funds provided support. On the technical front, the 4-hour K-line is moving along the lower Bollinger Band, with EMAs in a bearish alignment and MACD showing a death cross at low levels, indicating a bearish trend. However, a bottom divergence signal has emerged. Key support is at $107,000, resistance at $115,000. Be cautious of breakout risks and focus on the movements of major funds.
    🕵️ Operation suggestion:

    BitCoin 110789.5  Sell  Target Price  108754.3

Calendar

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    22:00 (GMT+8): U.S. EIA Natural Gas Stocks for the Week Ending October 10
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