The US meme stock craze is about to hit again, and gold has lost three major levels one after another!

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Market News

Hot spot tracking

Fed Vice Chairman: It is appropriate to keep policy rates in a tight range

April New York Fed survey: 1-year inflation expectations rose to 3.26%

The war in Kharkov is tense, and the Ukrainian army changes the commander of its tactical brigade

Product Hot Comment

Forex

Product	Yesterday's Change	Yesterday's Close	Today's Open
EUR/USD	▲0.17%	1.07894	1.07899
GBP/USD	▲0.30%	1.25586	1.25581
AUD/USD	▲0.11%	0.66107	0.66087
USD/JPY	▲0.31%	156.213	156.2
GBP/CAD	▲0.29%	1.71624	1.71655
NZD/CAD	▼-0.01%	0.82213	0.82212

📝 Review:U.S. CPI inflation expectations have slowed in April. The dollar could benefit from strong inflation as retail sales point to strong domestic demand, but stocks could suffer.

🕵️ Operation suggestion:

USD/JPY 156.241 Buy Target Price 157.338

Gold

Product Yesterday's Change Yesterday's Close Today's Open

Gold ▼-1.09% 2336.14 2335.76
Silver ▼-0.02% 28.182 28.174

📝 Review:Gold prices fell 1% on Monday on profit-taking. Investors await key inflation data this week to provide more clues on U.S. interest rate cuts this year. In addition, Federal Reserve Chairman Powell will also give a speech within the day, which investors need to pay attention to.

🕵️ Operation suggestion:

Gold 2337.71 Buy Target Price 2375.63
Crude Oil

Product Yesterday's Change Yesterday's Close Today's Open

WTI Crude Oil ▲1.27% 78.741 78.73
Brent Crude Oil ▲1.03% 83.176 83.168

📝 Review:By tracking the demand side reflected in high-frequency data, global demand for refined oil products was flat in the first four months of this year. But at present, OPEC+ has maintained oil prices at a level relatively conducive to its own interests through a series of expected production management strategies, mainly based on the production reduction alliance with stable interests.

🕵️ Operation suggestion:

WTI Crude Oil 78.683 Sell Target Price 77.396

Product	Yesterday's Change	Yesterday's Close	Today's Open
Gold	▼-1.09%	2336.14	2335.76
Silver	▼-0.02%	28.182	28.174

Product	Yesterday's Change	Yesterday's Close	Today's Open
WTI Crude Oil	▲1.27%	78.741	78.73
Brent Crude Oil	▲1.03%	83.176	83.168

Indice

Product	Yesterday's Change	Yesterday's Close	Today's Open
Nasdaq 100	▲0.26%	18197.26	18188.24
Dow Jones	▼-0.22%	39422.9	39439.8
S&P 500	▲0.03%	5220	5220.19
	▼0.00%	17559.3	17559.3
US Dollar Index	▼-0.08%	104.83	104.81

📝 Review:The Dow closed down 0.21%, the S&P 500 fell slightly, and the Nasdaq rose 0.29%. Tesla (TSLA.O) rose 2%, GameStop (GME.N) rose 74%, and AMC Theaters (AMC.N) rose 79%. The Nasdaq China Golden Dragon Index closed up 3.7%, Tencent Music (TME.N) rose 11%, Bilibili (BILI.O) rose 12%, and Alibaba (BABA.N) rose more than 5%.

🕵️ Operation suggestion:

Nasdaq 100 18195.490 Buy Target Price 18237.951

Crypto

Product Yesterday's Change Yesterday's Close Today's Open

BitCoin ▲3.00% 63049.9 62858.2
Ethereum ▲0.85% 2947.1 2943.9
Dogecoin ▲7.01% 0.14997 0.1486

📝 Review:Market volatility increased after Bitcoin reached its highs, and market makers sold off due to lack of confidence in it. Lack of liquidity and ETF outflows reflect risk aversion. Newly listed cryptocurrencies have difficulty in capital flow due to high valuations. Ethereum staking unlocking leads to increased inflation and selling pressure.

🕵️ Operation suggestion:

BitCoin 62840.0 Buy Target Price 64330.6