Hot spot tracking

  • The Bank of England has stepped up its intervention again, refusing to extend the bailout program
  • White House official says Biden to reassess ties with Saudi Arabia
  • IMF cuts global GDP for next year again

Product Hot Comment

  • Forex
    On Tuesday (October 11), the U.S. dollar index fell below 113 during the day, but turned up after the Bank of England Bailey's speech, out of the deep V trend, and closed up 0.115% at 113.29. The yield on the 10-year U.S. Treasury bond hit 4% in Asian trading on Tuesday, and ended at 3.945% as of the close of U.S. stocks.
    📝 Review:The dollar rose broadly in choppy trade on Tuesday, extending recent gains after the Bank of England governor reiterated that the bank would end its emergency bond-buying program on Friday and told pension fund managers to close their positions within that time frame. balance. This has fueled fears that a BoE exit could reignite volatility in markets around the world, leading to financial instability.
    🕵️ Operation suggestion:go short GBP/USD at 1.09710, target price at 1.08346.
  • Gold
    Spot gold touched $1,683.9 an ounce during the session, and U.S. stocks turned down as the dollar turned up in late trading and approached the 1,660 mark, and finally closed down 0.1% at $1,666.24 an ounce; spot silver was close to the 19 mark, closing down 2.54%. At $19.15 an ounce.
    📝 Review:Gold prices rebounded from a one-week low on Tuesday as investors braced for a key U.S. inflation report that is expected to affect the Federal Reserve's monetary policy stance.
    🕵️ Operation suggestion:go short at 1664.89, the target price is 1654.37.
  • Crude Oil
    Due to concerns about recession and demand prospects, crude oil continued to fall. WTI crude oil fell below US$88 per barrel in the session, and finally closed down 2.41% at US$88.76 per barrel; Brent crude oil closed down 2.51% at US$94.41 per barrel.
    📝 Review:Oil settled down 2% on Tuesday, extending a near 2% drop in the previous session, as recession fears and the spread of the virus stoked worries about global demand.
    🕵️ Operation suggestion:go long at 87.451, the target price is 88.559
  • Indice
    The three major U.S. stock indexes were mixed. The Dow closed up 0.12%, the Nasdaq closed down 1.1%, and the S&P 500 closed down 0.65%. Star technology stocks generally fell, Netflix fell more than 6%, TSMC fell nearly 6%, Alibaba fell nearly 5%, and Tesla fell nearly 3%.
    📝 Review:U.S. stocks S&P 500 and Nasdaq closed lower on Tuesday, with the Bank of England saying it would support the country's bond market for just three more days, adding to jitters late in the session. Markets were volatile, with investors trading cautiously ahead of key U.S. inflation data and the third-quarter earnings season, which begins later this week.
    🕵️ Operation suggestion:go short the Nasdaq index at 10807.200, the target price is 10395.000.
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