Hot spot tracking
- Goolsbee: If the inflation rate remains within the 2% range and uncertainty is resolved, the Fed will be on the path to interest rate cuts. This news is bearish for the dollar.
- Iranian Foreign Minister: There are currently no plans to restart nuclear negotiations... This news is bullish for crude oil.
- Barkin: The possible neutral rate conjecture will gradually rise over time; tariffs will start to push up inflation. This news is bearish for the dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.37% 1.17001 1.16974 GBP/USD ▲0.51% 1.37284 1.3729 AUD/USD ▲0.59% 0.65453 0.6545 USD/JPY ▼-0.56% 144.4 144.385 GBP/CAD ▼-0.02% 1.87203 1.87215 NZD/CAD ▼-0.25% 0.82583 0.82622 📝 Review:On Thursday, the dollar index fell below 97 during the session for the first time since March 2022, as media reports suggested that Trump was considering announcing Powell's successor as early as September. It eventually closed down 0.37% at 97.35. The benchmark 10-year U.S. Treasury yield closed at 4.2390%, while the 2-year yield closed at 3.7280%. The U.S. 5-year/30-year yield spread surpassed 101 basis points, the steepest since 2021.🕵️ Operation suggestion:USD/JPY 144.620 Sell Target Price 143.753
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.20% 3327.79 3327.5 Silver ▲1.05% 36.63 36.661 📝 Review:US Q1 GDP was unexpectedly revised downward, but initial jobless claims and actual personal consumption expenditures were positive for gold prices. Spot gold held steady, retreating after hitting a daily high of $3,350, and ultimately closed down 0.17% at $3,327.68 per ounce. Spot silver reached its highest level since June 18 and finally closed up 0.99% at $36.60 per ounce.🕵️ Operation suggestion:Gold 3316.73 Sell Target Price 3278.07
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.35% 64.719 64.726 Brent Crude Oil ▲0.37% 66.63 66.636 📝 Review:As the summer driving season arrives, U.S. crude oil inventories have declined due to increased demand, leading to a slight rise in oil prices on Thursday. WTI crude rose by 0.43%, closing at $65.16 per barrel, while Brent crude increased by 0.47%, closing at $67.91 per barrel.🕵️ Operation suggestion:WTI Crude Oil 64.844 Sell Target Price 63.536
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.86% 22428.55 22478.5 Dow Jones ▲0.94% 43392.1 43500.2 S&P 500 ▲0.72% 6137.55 6150.95 US Dollar Index ▼-0.17% 97.04 97.09 📝 Review:The Dow Jones Industrial Average rose 0.9%, the Nasdaq Composite rose 0.97%, and the S&P 500 rose 0.8%, approaching its all-time high of 6147.43. Tesla (TSLA.O) fell 0.5%, while Amazon (AMZN.O) rose 2.4%. The Nasdaq Golden Dragon China Index closed down 0.29%, with XPeng (XPEV.N) falling 6.5%.🕵️ Operation suggestion:Nasdaq 100 22464.250 Buy Target Price 22802.008
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.18% 107703.8 106967.1 Ethereum ▲0.61% 2443.1 2411.9 Dogecoin ▼-1.95% 0.1617 0.15986 📝 Review:From a technical perspective, Bitcoin currently has a slight advantage in bullish momentum. As of the closing price, it is trading below the 107,500-point level, with intraday volatility being more subdued compared to Ethereum. On the other hand, although Ethereum briefly broke through the 2,520-point resistance level, it was suppressed by the midpoint of the daily central range and quickly fell back below the key support level of 2,450 points, indicating intense competition between bulls and bears within their respective resistance ranges. If the uptrend cannot continue during tonight's U.S. trading session and a pullback occurs, the difficulty of subsequent market operations will significantly increase. From a longer-term perspective, Bitcoin remains in a slightly downward-trending structure. In my personal view: Both Bitcoin and Ethereum have currently reached critical strong resistance zones. If no effective breakthrough is formed within the next 48 hours, Bitcoin may retest below the 100,000-point level, while Ethereum faces the risk of testing the 2,300-point support. It is advisable to maintain a wait-and-see stance, patiently wait for clear breakout signals in the market before making decisions, and avoid blindly chasing rallies within resistance ranges.🕵️ Operation suggestion:BitCoin 107022.5 Buy Target Price 108783.4
Calendar
- 20:30 (GMT+8): U.S. May PCE Price Index Year-over-Year
- 20:30(GMT+8): U.S. May Personal Spending MoM
- 22:00 (GMT+8): University of Michigan Consumer Sentiment Index Final for June in the US
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