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Market News The dollar index broke through the 100 mark, hitting a three-month high, while gold, silver, and oil continue to face pressure!
Markets News
The dollar index broke through the 100 mark, hitting a three-month high, while gold, silver, and oil continue to face pressure!
TOPONE Markets Analyst2025-11-05 08:35:46
Hot spot tracking
- The Trump administration has developed multiple military action plans targeting Venezuela, including direct strikes against forces protecting President Maduro and potential operations to seize control of the country's oil fields. This news is bullish for crude oil.
- Libyan Oil Minister: The mission is to increase oil production to 2 million barrels per day within the next five years. This news is bearish for crude oil.
- Brussels Airport discovers drone, Belgian airspace closed. This news is bullish for crude oil.
Product Hot Comment
ForexProduct Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.03% 1.14802 1.14833 GBP/USD ▼-0.06% 1.30175 1.30259 AUD/USD ▼-0.16% 0.64803 0.64905 USD/JPY ▲0.07% 153.741 153.639 GBP/CAD ▼-0.03% 1.83585 1.83635 NZD/CAD ▲0.04% 0.79574 0.79541 📝 Review:On Tuesday, the U.S. dollar index extended its gains and broke through the 100 mark, hitting a three-month high, as internal disagreements within the Federal Reserve raised doubts about the prospect of another rate cut this year. It ultimately closed up 0.33% at 100.18. The benchmark 10-year U.S. Treasury yield ended at 4.090%, while the more policy-sensitive 2-year U.S. Treasury yield closed at 3.586%.🕵️ Operation suggestion:USD/JPY 153.591 Buy Target Price 154.319
GoldProduct Yesterday's Change Yesterday's Close Today's Open Gold ▲0.23% 3942.92 3933.94 Silver ▲0.08% 47.197 47.16 📝 Review:Due to the strengthening US dollar, spot gold continued to decline and accelerated its drop during the US trading session, once falling below the $3930 mark, ultimately closing down 1.71% at $3932.11 per ounce; spot silver ended down 1.9% at $47.15 per ounce.🕵️ Operation suggestion:Gold 3939.75 Sell Target Price 3886.16
Crude OilProduct Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.30% 60.077 60.259 Brent Crude Oil ▼-1.60% 63.707 64.745 📝 Review:Crude oil fell due to weak manufacturing data and a stronger dollar suppressing demand. WTI crude oil fluctuated widely around $60, ultimately closing down 0.94% at $60.25 per barrel; Brent crude oil ultimately closed down 0.82% at $64.13 per barrel.🕵️ Operation suggestion:WTI Crude Oil 60.149 Buy Target Price 61.177
IndiceProduct Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.27% 25323.45 25391.55 Dow Jones ▼-0.18% 47071.4 47155.4 S&P 500 ▼-0.21% 6754.05 6768.05 US Dollar Index ▲0.29% 100.05 99.76 📝 Review:The three major U.S. stock indices all fell, with the Dow down 0.53%, the S&P 500 down 1.17%, and the Nasdaq down 2.04%. Tesla (TSLA.O) fell 5%, Nvidia (NVDA.O) fell nearly 4%, Strategy (MSTR.O) fell over 6%, and Berkshire Hathaway (BRK.A.N, BRK.B.N) rose over 2%. The Nasdaq Golden Dragon China Index fell 2.05%, Alibaba (BABA.N) fell 2%, and Baidu (BIDU.O) rose 3%.🕵️ Operation suggestion:Nasdaq 100 25355.550 Sell Target Price 25135.055
Calendar
21:15 (GMT+8): US October ADP Employment Numbers- 23:00 (GMT+8): US October ISM Non-Manufacturing PMI
- 23:30 (GMT+8): U.S. EIA Crude Oil Inventories for the Week Ending October 31
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