Hot spot tracking
- Powell "joins" the dovish camp, opening the door for a Fed rate cut in September. Traders increase bets on rate cuts. This news is negative for the dollar.
- Trump has once again set a "two-week" timeline, potentially escalating the intensity of the Russia-Ukraine conflict. This news is bullish for crude oil.
- Intel has reached a stock purchase agreement with the U.S. government, with the government acquiring a 9.9% stake at $20.47 per share. This news is positive for Intel.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.97% 1.17195 1.17228 GBP/USD ▲0.79% 1.3518 1.35168 AUD/USD ▲1.06% 0.64871 0.64913 USD/JPY ▼-0.95% 146.956 146.908 GBP/CAD ▲0.24% 1.86915 1.8674 NZD/CAD ▲0.23% 0.81088 0.81123 📝 Review:Last Friday, due to Powell's speech at the Jackson Hole meeting boosting market expectations for a September interest rate cut, the U.S. dollar index plummeted during the session, ultimately closing up 0.4934% at 97.7, marking its largest single-day decline since early August and erasing all weekly gains. U.S. Treasury yields fell across the board, with the benchmark 10-year yield closing at 4.264% and the 2-year yield closing at 3.709%.🕵️ Operation suggestion:USD/JPY 147.281 Buy Target Price 148.560
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲1.04% 3373.09 3371.4 Silver ▲2.05% 38.902 38.92 📝 Review:Spot gold surged after Powell's speech, hitting a high of $3,378.8 per ounce during the session, and finally closed up 1% at $3,372.11 per ounce; spot silver followed gold higher, closing up 1.72% at $38.85 per ounce.🕵️ Operation suggestion:Gold 3367.25 Buy Target Price 3401.97
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.48% 63.693 63.67 Brent Crude Oil ▲0.35% 67.346 67.263 📝 Review:Given the ongoing uncertainties surrounding the potential peace agreement between Russia and Ukraine, international crude oil remained stable, marking its first weekly gain in three weeks last week. WTI crude oil stayed above $63, ultimately closing up 0.36% at $63.65 per barrel; Brent crude oil closed up 0.25% at $67.32 per barrel.🕵️ Operation suggestion:WTI Crude Oil 63.607 Buy Target Price 64.787
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲1.48% 23494.7 23525.25 Dow Jones ▲1.79% 45634.1 45660.4 S&P 500 ▲1.41% 6466.05 6471.85 US Dollar Index ▼-0.93% 97.45 97.46 📝 Review:The three major U.S. stock indices collectively closed higher, with the Dow Jones up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%. Google (GOOG.O) closed up 3.17%, and Intel (INTC.O) rose 5.53%. The Nasdaq Golden Dragon China Index closed up 2.73%, with MINISO (MNSO.N) surging 20.25%, NIO (NIO.N) up 14.60%, and XPeng (XPEV.N) up 4.46%.🕵️ Operation suggestion:Nasdaq 100 23502.150 Sell Target Price 23698.220
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-2.31% 112707.9 112916.1 Ethereum ▲0.17% 4784.1 4782.8 Dogecoin ▼-1.57% 0.23212 0.23281 📝 Review:From last night to today, Bitcoin experienced a downward fluctuation, dragged down by the Fed meeting minutes suppressing rate cut expectations (a 79% probability of a September rate cut but with a higher threshold) and a sharp decline in U.S. tech stocks. The price fell to $113,682 (down 0.6% in 24 hours), but later stabilized due to support from BlackRock's holdings exceeding 660,000 (accounting for 3% of the total supply). From a technical perspective, a震荡中枢 has formed between $113,000 and $115,000. The 4-hour RSI of 51.85 is neutral, and the Bollinger Band volatility has narrowed to 4.2%. The缠绕 of short-term moving averages indicates a battle between bulls and bears. The key support level is $113,500 (EMA200 and institutional cost area). If broken, it may deepen the correction. However, nearly 3,700 BTC flowed out of exchanges in the past 24 hours, with the balance at 2.259 million (the lowest since 2018). Long-term holdings account for over 70%, showing overall resilience. The market is focused on the Jackson Hole meeting and tech stock sentiment.🕵️ Operation suggestion:BitCoin 113488.9 Buy Target Price 115649.8
Calendar
- 20:00 (GMT+8): US July Building Permits MoM Revised
- 20:30 (GMT+8): US July Chicago Fed National Activity Index Change
- 22:00 (GMT+8): US July Seasonally Adjusted Annual Rate of New Home Sales
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