Hot spot tracking
- The U.S. trade balance recorded -$84.4 billion in September, the largest deficit since April 2022. The widening trade deficit means that the United States imports more than it exports, which will weaken the demand for the U.S. dollar, which may put downward pressure on the U.S. dollar exchange rate. Bearish for the dollar.
- Japan’s largest industrial union: Wants to raise wages by 6% in 2025. Wage growth may also create inflationary pressures, which may prompt the Bank of Japan to adjust its monetary policy, such as exiting its negative interest rate policy, which is often seen as a factor in the appreciation of the yen. Therefore, demands for wage increases from Japan's industrial unions could have a positive impact on the yen.
- U.S. Election-Trump Media Technology Group's stock price trembled and triggered multiple circuit breakers. The stocks of companies with a large number of operations in China may be seriously affected, such as Nike, Lululemon, TJX Companies (TJX), Hasbro (HAS), Boeing ( BA), Johnson Controls International (JCI), Apple (AAPL) and Qualcomm (QCOM).
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.49% 1.09322 1.09247 GBP/USD ▲0.66% 1.30415 1.30318 AUD/USD ▲0.79% 0.66409 0.66331 USD/JPY ▼-0.33% 151.612 151.601 GBP/CAD ▲0.10% 1.80253 1.80154 NZD/CAD ▼-0.04% 0.83004 0.82975 📝 Review:The U.S. dollar index extended its correction on Tuesday as traders awaited the results of the U.S. election. It fell below the 104 mark and finally closed down 0.467% at 103.41. U.S. bond yields fell back after rising, with the benchmark 10-year U.S. bond yield closing at 4.281%; the two-year U.S. bond yield closing at 4.181%.🕵️ Operation suggestion:USD/JPY 151.453 Buy Target Price 152.574
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.28% 2743.81 2743.59 Silver ▲0.63% 32.633 32.631 📝 Review:With Trump and Harris in a close race in the U.S. presidential election, the likelihood of a contested outcome is high. Spot gold rose slightly under the support of safe-haven demand, once approaching the $2,750 mark. It finally closed up 0.27% at $2,743.99 per ounce. Spot silver finally closed up 0.62% at $32.66 per ounce.🕵️ Operation suggestion:Gold 2744.51 Buy Target Price 2760.56
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.36% 71.664 71.696 Brent Crude Oil ▲0.21% 75.33 75.35 📝 Review:International crude oil rose for the second consecutive day as hurricanes in the U.S. Gulf of Mexico threatened to cut oil production and the dollar weakened. WTI crude oil hit an intraday high of $72.34/barrel, then fell back, finally closing up 0.39% at $71.72/barrel; Brent crude oil closed up 0.16% at $75.35/barrel.🕵️ Operation suggestion:WTI Crude Oil 71.754 Buy Target Price 72.361
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲1.42% 20270.72 20246.62 Dow Jones ▲1.10% 42286.3 42305.1 S&P 500 ▲1.31% 5791 5790.8 ▼0.00% 17559.3 17559.3 US Dollar Index ▼-0.49% 103.26 104.07 📝 Review:The Dow Jones Industrial Average closed up 1%, and the S&P 500 Index rose 1.2%. The Nasdaq rose 1.4%. Trump Media Technology Group (DJT.O) fell 1%, triggering circuit breakers multiple times during the session due to high volatility. Tesla (TSLA.O) rose more than 3.5%, and Nvidia (NVDA.O) rose 2.8%. The Nasdaq China Golden Dragon Index closed up 1.6%, EHang (EH.O) rose 10%, Xpeng Motors (XPEV.N) rose 6%, and Alibaba (BABA.N) rose 0.8%.🕵️ Operation suggestion:Nasdaq 100 20250.870 Sell Target Price 20037.500
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲1.82% 69126.7 69548 Ethereum ▲0.37% 2413 2432.2 Dogecoin ▲6.13% 0.16712 0.17056 📝 Review:Judging from the overall trend, the Bitcoin market is currently in a state of stalemate between long and short parties. As of the time of publication, the price of Bitcoin is still below US$69,200. Earlier today, Bitcoin experienced a rapid price swing known as a “pin move.” However, support is found at the 144 EMA on the 4-hour chart, which may signal that a rebound at the 4-hour level is coming. Tonight’s market will be very critical as it may determine whether Bitcoin can rebound on the daily level.🕵️ Operation suggestion:BitCoin 69538.7 Buy Target Price 70509.7
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