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Market News Gold fluctuated nearly $100 intraday, global markets hit by "Black Monday"!
Markets News
Gold fluctuated nearly $100 intraday, global markets hit by "Black Monday"!
TOPONE Markets Analyst2025-04-08 08:59:12
Hot spot tracking
- Trump: Will not suspend reciprocal tariff measures, rejects EU's proposed mutual tariff exemption policy. This news is negative for the US dollar and US stocks.
- BlackRock CEO: Most CEOs I have contacted believe that the U.S. economy has already fallen into a recession. A further 20% market decline cannot be ruled out. This news is negative for the U.S. dollar and U.S. stocks.
- Trump: The United States will engage in direct negotiations with Iran, with high-level talks expected to take place on Saturday. U.S. media revealed that the talks will be held in Oman. This news is bullish for crude oil.
Product Hot Comment
ForexProduct Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.03% 1.09128 1.0913 GBP/USD ▼-0.92% 1.27218 1.27262 AUD/USD ▼-0.35% 0.59859 0.59932 USD/JPY ▲1.53% 147.826 147.72 GBP/CAD ▼-0.93% 1.81211 1.81129 NZD/CAD ▼-0.66% 0.78941 0.78935 📝 Review:On Monday, the US dollar index maintained its upward trend, ultimately closing up 0.56% at 103.5. The benchmark 10-year US Treasury yield closed at 4.177%, while the more policy-sensitive two-year US Treasury yield closed at 3.769%.🕵️ Operation suggestion:USD/JPY 147.613 Sell Target Price 148.993
GoldProduct Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.85% 2982.05 2982 Silver ▲3.06% 30.063 30.1 📝 Review:Spot gold fluctuated sharply during the day, with an intraday amplitude of nearly $100. It once rebounded above the $3,050 mark during the Asian session, then quickly retreated, falling below the $3,000 threshold to a low of $2,956.66, and finally closed down 1.85% at $2,982.55 per ounce. Spot silver, on the other hand, rose slightly, closing up 1.63% at $30.06 per ounce.🕵️ Operation suggestion:Gold 2990.07 Sell Target Price 2960.38
Crude OilProduct Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.45% 60.735 60.748 Brent Crude Oil ▲1.75% 64.238 64.243 📝 Review:International oil prices continued to decline, with a drop of over 3% at one point during the session. WTI crude oil fell to an intraday low of $58.75 before recovering slightly, ultimately closing down 2.16% at $60.74 per barrel; Brent crude oil closed down 2.27% at $64.23 per barrel.🕵️ Operation suggestion:WTI Crude Oil 61.334 Sell Target Price 59.197
IndiceProduct Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲4.36% 17536.475 17585.9 Dow Jones ▲1.92% 38128 38338.2 S&P 500 ▲2.78% 5090.675 5099.45 US Dollar Index ▲0.32% 103.22 103.22 📝 Review:U.S. stocks experienced significant intraday volatility, with the Dow closing down 0.9%; the S&P 500 fell 0.23%, at one point dropping 20% from its record high; the Nasdaq rose 0.1%. The daily swings for the three major indices were 6.77%, 8.11%, and 9.68%, respectively. Nvidia (NVDA.O) rose 3.5%, Apple (AAPL.O) fell 3.6%, and Tesla (TSLA.O) dropped 2%. The Nasdaq Golden Dragon China Index fell 5.1%, with Alibaba (BABA.N) down 9%.🕵️ Operation suggestion:Nasdaq 100 17683.050 Sell Target Price 16490.270
Calendar
14:45 (GMT+8): France February Trade Balance- 17:26 (GMT+8): Global March Industrial Production Cycle Turning Point Leading Indicator
- 22:00 (GMT+8): Canada March IVEY Seasonally Adjusted PMI
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