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Market News Fed officials release strong hawkish signals again, gold plunges nearly $180 during the session!
Markets News
Fed officials release strong hawkish signals again, gold plunges nearly $180 during the session!
Author Avatar TOPONE Markets Analyst
2025-11-17 08:25:47

Hot spot tracking

  • The U.S. government has removed some agricultural products from the "reciprocal tariff" list. This news is positive for agricultural trade.
  • The U.S.-Switzerland trade agreement has been largely reached, with a tariff rate of 15% for Switzerland. This news is positive for the Swiss franc.
  • Berkshire Hathaway disclosed rare technology stock holdings, initiating a position in Alphabet, Google's parent company, in Q3. This news is bullish for Google.

Product Hot Comment

  • Forex Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD -0.15% 1.16044 1.16221
    GBP/USD -0.14% 1.31493 1.3168
    AUD/USD -0.14% 0.65241 0.6533
    USD/JPY 0.08% 154.638 154.518
    GBP/CAD -0.06% 1.8443 1.84535
    NZD/CAD -0.13% 0.79509 0.79611
    📝 Review:Last Friday, as expectations for a Fed rate cut faded, the U.S. dollar index rebounded slightly, closing up 0.087% at 99.27; U.S. Treasury yields generally rose, with the benchmark 10-year Treasury yield closing at 4.147%, and the policy-sensitive 2-year Treasury yield closing at 3.612%.
    🕵️ Operation suggestion:

    USD/JPY 154.591  Buy  Target Price  155.550

  • Gold Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.52% 4106.58 4085.5
    Silver 0.90% 51.012 50.555
    📝 Review:Spot gold plunged during the session, dragged down by widespread selling triggered by hawkish comments from Federal Reserve officials, at one point falling nearly $180 from the day's high. The decline narrowed somewhat by the close, ultimately ending down 2.2% at $4,079.58 per ounce, marking two consecutive days of declines. Spot silver ultimately closed down 3.4% at $50.56 per ounce.
    🕵️ Operation suggestion:

    Gold 4089.90  Sell  Target Price  4028.18

  • Crude Oil Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.60% 59.225 59.585
    Brent Crude Oil 2.94% 64.469 62.63
    📝 Review:International crude oil rebounded due to the suspension of oil exports from Russia's Novorossiysk port following a Ukrainian drone attack. WTI crude oil repeatedly rose above $60 per barrel during the session, ultimately closing up 2.13% at $59.82 per barrel; Brent crude oil ultimately closed up 0.22% at $63.95 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 59.390  Sell  Target Price  58.018

  • Indice Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.23% 25099.95 25042.55
    Dow Jones 0.06% 47157.9 47131.6
    S&P 500 0.11% 6749.15 6741.65
    US Dollar Index 0.10% 99.17 99.07
    📝 Review:The three major U.S. stock indices closed mixed, with the Dow down 0.65%, the S&P 500 down 0.05%, and the Nasdaq up 0.13%. Tech stocks were mixed, with Oracle up over 2%, Microsoft and Nvidia up over 1%, Tesla, Broadcom, Eli Lilly, and Cisco slightly higher, while Netflix fell over 3%, and Intel and Amazon dropped over 1%.
    🕵️ Operation suggestion:

    Nasdaq 100 25056.550  Sell  Target Price  24634.990

Calendar

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    21:30 (GMT+8): US November New York Fed Manufacturing Index
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    23:00(GMT+8): US August Construction Spending Month-over-Month
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