Hot spot tracking

  • U.S. November non-farm payrolls far beat expectations
  • EU caps price of Russian oil at $60
  • OPEC+ maintains its policy of cutting output by 2 million barrels per day

Product Hot Comment

  • Forex
    The U.S. non-agricultural data in November far exceeded expectations, making the market more worried that the Fed’s monetary tightening will last longer. The U.S. dollar index, which hit a five-month low during the session, quickly turned up, but turned down after a sharp rise to 105.61, and finally closed It fell 0.22% to 104.51. The offshore yuan approached 7.00 intraday and hit a new high in more than two months.
    📝 Review:The dollar fell on Friday as a Fed official said the pace of rate hikes could be slower and investors took profits after earlier gains after unexpectedly strong November jobs data and wage inflation prompted the Fed to increase interest rates. The outlook for the hawks is clouded.
    🕵️ Operation suggestion:long EUR/USD at 1.05452, with target price 1.05766
  • Gold
    Commodities once fell sharply due to the rebound of the US dollar. Spot gold once fell from above 1800 to around 1778, then rose sharply and approached the 1800 mark again, and finally closed down 0.29% to 1797.75 US dollars per ounce. Spot silver fell to 22.26 and soared sharply to break through the $23 mark, and finally closed up 1.73% at $23.15 per ounce.
    📝 Review:Gold prices retreated from near four-month highs on Friday after strong U.S. jobs data raised concerns that the Federal Reserve could stick with its aggressive monetary policy tightening.
    🕵️ Operation suggestion:go long at 1799.51, and the target price is 1806.46.
  • Crude Oil
    U.S. and Burundi crude oil fell more than 2% within a day. WTI crude oil broke through the $80 mark and closed down 1.45% at $80.21 per barrel; Brent crude oil fell to the $85 mark and closed down 1.26% at $85.90 USD/barrel. Dutch natural gas futures, the TTF benchmark in continental Europe, closed down 2.73%, closing down for two consecutive days, but still rose for the third consecutive week last week. U.S. NYMEX January natural gas futures closed down 6.78% to $6.2810 per million British thermal units, falling for three consecutive days and falling more than 14% last week.
    📝 Review:Crude oil fell 1.5 percent in choppy trading on Friday ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC+) and its allies, the OPEC+ coalition, on Sunday and a European Union ban on Russian crude that will take effect on Monday.
    🕵️ Operation suggestion:go short at 81.210, target price 77.681
  • Indice
    The three major U.S. stock indexes opened lower across the board. They all fell more than 1% in early trading. However, they staged a major reversal in the session and rose in late trading. The Dow turned red and closed up 0.1%. It had fallen more than 300 points before. The Nasdaq closed down 0.18%, while the S&P 500 fell 0.12%.
    📝 Review:The S&P 500 edged lower on Friday, but the major indexes came off session lows after a U.S. jobs report for November boosted expectations that the Federal Reserve will maintain its rate-hiking path to fight inflation.
    🕵️ Operation suggestion:go short Nasdaq index at 11974.300, target price 11736.600

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