Hot spot tracking
- The White House indicated that the October non-farm payroll and inflation data may never be released. This news is negative for the U.S. economy, bearish for the U.S. dollar and U.S. stocks.
- US Treasury Secretary Besant: Tariff reductions on coffee and other goods will be announced in the coming days. This news is bullish for coffee trade.
- Nick Timiraos pointed out that four regional Fed presidents with voting rights are not enthusiastic about another rate cut in December. This news is bullish for the dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.08% 1.15799 1.15895 GBP/USD ▼-0.09% 1.31182 1.31303 AUD/USD ▲0.34% 0.65596 0.65371 USD/JPY ▲0.10% 154.873 154.719 GBP/CAD ▼-0.09% 1.83697 1.83867 NZD/CAD ▼-0.18% 0.79151 0.79291 📝 Review:On Wednesday, as traders assessed how the release of a large amount of economic data after the U.S. government resumed operations would impact the Federal Reserve's interest rate policy, the U.S. dollar index initially rose but then fell, ultimately closing nearly flat at 99.46; the benchmark 10-year U.S. Treasury yield ended at 4.075%, while the 2-year U.S. Treasury yield, which is sensitive to the Federal Reserve's policy rate, closed at 3.576%; the U.S. dollar against the Japanese yen briefly rose above 155, marking the first time since February.🕵️ Operation suggestion:USD/JPY 154.775 Buy Target Price 155.280
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.23% 4186.06 4195.57 Silver ▼-0.41% 53.032 53.25 📝 Review:Spot gold rose strongly during the US trading session, gaining nearly $100 intraday and briefly returning above the 4200 mark, but failed to hold steady there, ultimately closing up 1.65% at $4194.40 per ounce; spot silver surged 4%, approaching its historical high, and finally closed at $53.25 per ounce.🕵️ Operation suggestion:Gold 4193.48 Buy Target Price 4301.48
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.48% 58.167 58.449 Brent Crude Oil ▼-3.97% 62.403 64.983 📝 Review:As OPEC released a report stating that global oil supply will match demand in 2026, signaling a further shift in its forecast from a supply shortage to a supply-demand balance, crude oil prices fell in response. WTI crude oil fluctuated downward throughout the day and accelerated its decline before the U.S. trading session, hitting an intraday low of $58.28. It eventually closed down 4.14% at $58.44 per barrel. Additionally, the WTI crude oil spot spread turned into a premium for the first time since February. Brent crude oil ultimately closed down 3.79% at $62.43 per barrel.🕵️ Operation suggestion:WTI Crude Oil 58.289 Sell Target Price 56.850
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.15% 25497.35 25459.45 Dow Jones ▲0.06% 48285.9 48257.9 S&P 500 ▲0.09% 6846.15 6839.95 US Dollar Index ▲0.01% 99.28 99.27 📝 Review:The Dow Jones Industrial Average closed up 0.68%, hitting a new high again during the session. The S&P 500 rose slightly, while the Nasdaq fell 0.26%. Airline stocks generally rose, with United Airlines (UAL.O) up 5%. AMD (AMD.O) rose 9%, while Oracle (ORCL.N) fell nearly 4%. The Nasdaq Golden Dragon China Index closed down 1.46%, with Tencent Music (TME.N) falling 8% and Alibaba (BABA.N) down nearly 2%.🕵️ Operation suggestion:Nasdaq 100 25483.250 Sell Target Price 25161.922
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.08% 101985.5 101906 Ethereum ▲0.37% 3431.5 3418.8 Dogecoin ▲0.36% 0.17062 0.17001 📝 Review:From last night to today, Bitcoin experienced a volatile decline, fluctuating within the range of $102,476 to $105,758. It is currently trading around $103,147 (with a slight 24-hour drop), and there were $52.63 million in liquidations across the network, with long positions accounting for over 80%. On the news front, the U.S. spot Bitcoin ETF recorded a net inflow of $524 million in a single day, providing support, but continued selling by whales exerted pressure. On the technical side, the MACD formed a bearish crossover at a high level, the RSI is around 41, indicating a neutral to bearish bias, with key support at $100,411 and resistance at $107,455. Insufficient trading volume reflects a stalemate between bulls and bears.🕵️ Operation suggestion:BitCoin 101409.5 Sell Target Price 98740.6
Calendar
- 15:00 (GMT+8): UK Preliminary Q3 GDP Year-on-Year
- 20:30 (GMT+8): US Initial Jobless Claims for the Week Ending November 8
- 20:30 (GMT+8): US October Unadjusted CPI Year-over-Year
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