Hot spot tracking
- The final value of the annualized quarterly rate of real GDP in the second quarter of the United States was 3%, which was consistent with expectations and the previous value. The number of initial jobless claims in the United States for the week ending September 21 was 218,000, lower than the expected 225,000 and the lowest since the week of May 18. This is bearish for the US dollar and US stocks.
- Middle East situation: Israeli Prime Minister abandoned the private understanding reached with the United States and distanced himself from the proposal of a 21-day ceasefire in Lebanon. Israel said that reports of an imminent ceasefire were false. Israeli Defense Minister approved the plan to continue offensive operations against Hezbollah in Lebanon. Bullish for gold and crude oil.
- Saudi Arabia is ready to abandon its $100 per barrel oil price target and increase production. Sources said OPEC+ will continue to push forward its December production increase plan, which is to lift the 180,000 barrels per day capacity limit. This is bearish for crude oil.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.39% 1.11761 1.11757 GBP/USD ▲0.69% 1.34148 1.34131 AUD/USD ▲1.01% 0.68979 0.68952 USD/JPY ▲0.10% 144.799 144.789 GBP/CAD ▲0.58% 1.80613 1.8061 NZD/CAD ▲0.89% 0.85179 0.85186 📝 Review:On Thursday, the U.S. dollar index fluctuated lower and eventually closed down 0.365% at 100.56. U.S. Treasury yields rose collectively after the release of resilient U.S. economic data; the benchmark 10-year U.S. Treasury yield closed at 3.8%; the two-year U.S. Treasury yield closed at 3.637%.🕵️ Operation suggestion:USD/JPY 145.267 Buy Target Price 147.019
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.57% 2672.3 2672.09 Silver ▲0.66% 31.996 31.998 📝 Review:Spot gold maintained its record-breaking rally, hitting a new intraday high of $2,685. It then gave up some of its gains and eventually closed up 0.58% at $2,672.44 per ounce, hitting a record high for the sixth consecutive day. Spot silver followed gold's record-breaking rally, reaching a high of $32.7 per ounce, the highest level since 2012, and eventually closed down 0.89% at $31.81 per ounce. LME copper prices hit the $10,000 mark for the first time since July.🕵️ Operation suggestion:Gold 2670.25 Buy Target Price 2684.98
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-3.44% 67.271 67.287 Brent Crude Oil ▼-3.07% 70.806 70.845 📝 Review:International oil prices plunged during the session as foreign media reported that OPEC+, led by Saudi Arabia, will continue to push forward its production increase plan in December. WTI crude oil finally closed down 3.3% at $67.3 per barrel, while Brent crude oil closed down 3.04% at $70.84 per barrel.🕵️ Operation suggestion:WTI Crude Oil 66.904 Sell Target Price 66.056
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.55% 20128.38 20155.59 Dow Jones ▲0.71% 42184 42225 S&P 500 ▲0.37% 5745.65 5752.95 ▼0.00% 17559.3 17559.3 US Dollar Index ▼-0.38% 100.41 100.46 📝 Review:The three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.62%, the S&P 500 up 0.4%, and the Nasdaq up 0.6%. The "Super Thursday" of Chinese assets continued overnight, with the Nasdaq China Golden Dragon Index closing up 10.9%, hitting a new high since September last year. Alibaba (BABA.N) rose 10%, JD.com (JD.O) rose 14%, and Bilibili (BILI.O) rose 15%.🕵️ Operation suggestion:Nasdaq 100 20121.590 Buy Target Price 20312.486
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲2.07% 64713.5 65042.7 Ethereum ▲2.06% 2632 2637.3 Dogecoin ▲5.65% 0.11582 0.11685 📝 Review:After Bitcoin briefly hit a high of $62,800 earlier today, the price rebounded and rose again, and is currently retracing to around $63,800. Next, market participants will pay close attention to the strength of the key support level of $63,000. If this level falls, it is expected that the price of Bitcoin may fall further to $62,000.🕵️ Operation suggestion:BitCoin 65211.9 Buy Target Price 65868.4
Calendar
- 20:30(GMT+8):US PCE price index annual rate in August
- 20:30(GMT+8): U.S. personal spending monthly rate in August
- 22:00(GMT+8): Final value of the University of Michigan Consumer Confidence Index for September
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