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Market News US consumer confidence hits three-year low, US government shutdown may end?
Markets News
US consumer confidence hits three-year low, US government shutdown may end?
Author Avatar TOPONE Markets Analyst
2025-11-10 08:47:07

Hot spot tracking

  • Multiple sources revealed that several U.S. Senate Democratic lawmakers stated last Sunday that they are ready to advance a package of bills to end the government shutdown. This news is bullish for the U.S. dollar.
  • The University of Michigan Consumer Sentiment Index for November recorded 50.3, falling to its lowest level since June 2022. The preliminary current conditions index recorded 52.3, a record low. This news is negative for the US dollar and US stocks.
  • JPMorgan invests in Ethereum reserve leader Bitmine with a holding value of $102 million. This news is bullish for Ethereum.

Product Hot Comment

  • Forex Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▼-0.14% 1.15409 1.15566
    GBP/USD ▼-0.13% 1.31358 1.31524
    AUD/USD ▲0.29% 0.65089 0.64902
    USD/JPY ▲0.13% 153.91 153.704
    GBP/CAD ▼-0.07% 1.84501 1.84637
    NZD/CAD ▲0.14% 0.79065 0.78956
    📝 Review:Last Friday, due to uncertainty over the Federal Reserve's outlook and the U.S. government shutdown, the U.S. Dollar Index initially rose but then fell, hitting an intraday low of 99.38, and ultimately closed down 0.13% at 99.53, ending its two-week winning streak; the benchmark 10-year U.S. Treasury yield settled at 4.104%, while the policy-sensitive 2-year U.S. Treasury yield closed at 3.568%.
    🕵️ Operation suggestion:

    USD/JPY 153.814  Buy  Target Price  154.350

  • Gold Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲0.46% 4017.25 3998.88
    Silver ▲0.53% 48.605 48.35
    📝 Review:Due to the weakening of the US dollar, spot gold rebounded, once rising to an intraday high of $4,027.33 during the session, then retreated slightly but remained above the $4,000 mark, ultimately closing up 0.61% at $4,001.39 per ounce; spot silver finally closed up 0.68% at $48.34 per ounce.
    🕵️ Operation suggestion:

    Gold 4006.90  Buy  Target Price  4086.56

  • Crude Oil Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-0.27% 59.601 59.76
    Brent Crude Oil ▼-0.36% 63.107 63.333
    📝 Review:Crude oil rebounded slightly, with WTI crude once breaking above the $60 mark during the European trading session. However, it later erased some of the gains, failing to hold above this level, and ultimately closed up 0.49% at $59.69 per barrel. Brent crude finally closed up 0.37% at $63.45 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 59.716  Buy  Target Price  60.969

  • Indice Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-0.42% 25161.95 25269.05
    Dow Jones ▼-0.28% 47071.2 47203.9
    S&P 500 ▼-0.34% 6746.95 6769.85
    US Dollar Index ▼-0.03% 99.4 99.43
    📝 Review:U.S. stocks ended a three-week winning streak, with the Dow Jones up 0.16% for the day but down 1.21% for the week; the S&P 500 rose 0.13% but fell 1.63% for the week; the Nasdaq Composite fell 0.21% and dropped 3.04% for the week. Tesla (TSLA.O) fell 3.68%, Google (GOOG.O) declined 2%, Arm (ARM.O) dropped 3.7%; Microsoft (MSFT.O) edged down 0.06%, marking its eighth consecutive day of losses, the longest losing streak since November 2011. The Nasdaq Golden Dragon China Index fell 0.95%.
    🕵️ Operation suggestion:

    Nasdaq 100 25218.850  Buy  Target Price  25428.865

Calendar

  • Hot Icon
    13:00 (GMT+8): Japan September Synchronous Indicators Preliminary Value
  • Hot Icon
    17:30 (GMT+8): Eurozone November Sentix Investor Confidence Index
  • Hot Icon
    21:00 (GMT+8): Canada October Unemployment Rate
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