Hot spot tracking
- Federal Reserve Governor Milan: Believes that interest rates will continue to be cut in the coming months and will strive to persuade other policymakers to cut rates more quickly. This news is negative for the US dollar.
- OpenAI has reached an agreement with Luxshare Precision to jointly produce future OpenAI devices. This news is positive for Luxshare Precision.
- The Bank of Japan keeps interest rates unchanged, two members propose a 25 basis point rate hike, launches an ETF selling plan, with an annual reduction scale of 330 billion yen. This news is bullish for the yen.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.34% 1.17471 1.17453 GBP/USD ▼-0.61% 1.34718 1.3467 AUD/USD ▼-0.27% 0.65941 0.65901 USD/JPY ▼-0.01% 147.934 147.906 GBP/CAD ▼-0.66% 1.85734 1.85532 NZD/CAD ▼-0.53% 0.80741 0.80745 📝 Review:Last Friday, the US Dollar Index continued its rebound momentum, rising to an intraday high of 97.81 before the US trading session, and ultimately closed up 0.33%, marking a three-day winning streak and settling at 97.67. The benchmark 10-year US Treasury yield closed at 4.133%, while the 2-year US Treasury yield, which is sensitive to Federal Reserve policy rates, closed at 3.584%.🕵️ Operation suggestion:USD/JPY 148.083 Buy Target Price 149.165
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲1.12% 3684.35 3686.71 Silver ▲2.78% 42.971 43.11 📝 Review:Spot gold rose along with the US dollar and accelerated its gains before the US trading session, surging by $50 from the low point. It finally closed up 1.12% at $3,685.47 per ounce, marking the fifth consecutive week of gains. Spot silver ultimately closed up 2.94% at $43.03 per ounce.🕵️ Operation suggestion:Gold 3686.45 Buy Target Price 3717.97
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-1.56% 62.286 62.245 Brent Crude Oil ▼-1.46% 66.099 66.272 📝 Review:International crude oil extended its decline as market concerns over abundant supply and falling demand outweighed expectations that the Federal Reserve's first interest rate cut this year would stimulate consumption. WTI crude continued to fall during the day, eventually closing down 1.54% at $62.29 per barrel; Brent crude ended down 1.47% at $66.08 per barrel.🕵️ Operation suggestion:WTI Crude Oil 62.450 Sell Target Price 61.204
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.49% 24613.9 24608.15 Dow Jones ▲0.11% 46299.4 46270 S&P 500 ▲0.28% 6663.25 6660.25 US Dollar Index ▲0.32% 97.44 97.42 📝 Review:The three major U.S. stock indices collectively closed higher, with the Dow up 0.37%, the S&P 500 up 0.49%, and the Nasdaq up 0.72%. Star tech stocks showed mixed performance, with Oracle (ORCL.N) up 4%, Apple (AAPL.O) up 3.1%, while Micron Technology (MU.O) fell 3.6% and Intel (INTC.O) fell 3.2%. Among the popular Chinese concept stocks, Pony.ai (PONY.O) surged 18%.🕵️ Operation suggestion:Nasdaq 100 24598.950 Buy Target Price 24750.004
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-0.33% 115245 115343 Ethereum ▼-0.11% 4473.1 4469.3 Dogecoin ▼-2.16% 0.26006 0.26022 📝 Review:From last night to today, Bitcoin has been fluctuating in the range of $116,200 to $117,250, with a slight increase of 0.3% over 24 hours. On the news front, following the Fed's September rate cut, expectations for an October rate cut have risen to 78%. Support is provided by BlackRock's holdings exceeding 750,000 coins (market value of $85 billion) and a weekly inflow of 20,685 coins into Bitcoin ETFs. However, pressure comes from the divergence in U.S. tech stocks and seasonal weakness in September. Technically, the 4-hour RSI is neutral (around 55), the MACD red bars are shortening indicating slowing momentum, and the Bollinger Bands are contracting. Key support is at $115,500 (trendline level), resistance at $117,250, and the market is awaiting Friday's PCE data to break the deadlock.🕵️ Operation suggestion:BitCoin 115273.5 Buy Target Price 116681.7
Calendar
- 20:30(GMT+8): US August Chicago Fed National Activity Index Change
- 22:00 (GMT+8): Eurozone September Preliminary Consumer Confidence Index
- 22:00 (GMT+8): 2025 FOMC voting member and St. Louis Fed President Moussalem speaks on the U.S. economic outlook and monetary policy
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