Hot spot tracking
- The US has lowered import tariffs on some steel, aluminum, and copper products, and plans to impose a 25% tariff on Brazilian goods. This news is beneficial to exporters of construction machinery and agricultural machinery.
- Canada has formally proposed extending the USMCA (United States-Mexico-Canada Agreement) for another 16 years. This news is positive for the Canadian dollar.
- LME copper rose to $14,000 per ton, nearing a record high. This news is bullish for LME copper.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.08% 1.16192 1.16286 GBP/USD ▼-0.11% 1.34498 1.34644 AUD/USD ▼-0.12% 0.71706 0.71791 USD/JPY ▲0.04% 159.99 159.92 GBP/CAD ▼-0.03% 1.86195 1.86248 NZD/CAD ▼-0.09% 0.81914 0.81991 📝 Review:On Tuesday, despite numerous market reports regarding US-Iran negotiations, investors remained cautious about progress on ending the US-Israel war in Iraq. The US dollar index initially fell before rising, but remained firmly above the 99 mark, ultimately closing up 0.01% at 99.20. The benchmark 10-year US Treasury yield closed at 4.446%, while the 2-year US Treasury yield, which is sensitive to Federal Reserve policy rates, closed at 4.051%.🕵️ Operation suggestion:USD/JPY 159.971 Buy Target Price 160.680
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.56% 4462.23 4487.38 Silver ▼-1.18% 74.266 75.155 📝 Review:Spot gold briefly surged above $4,540 in European trading, but subsequently gave back most of its intraday gains and fell below the $4,500 mark, ultimately closing up 0.09% at $4,488.23 per ounce; spot silver closed up 0.4% at $75.12 per ounce.🕵️ Operation suggestion:Gold 4473.58 Sell Target Price 4365.50
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲2.37% 94.057 91.876 Brent Crude Oil ▲0.48% 96.404 95.943 📝 Review:WTI crude oil initially fell before rising, starting its upward trend during the US session, ultimately closing up 0.86% at $95.23 per barrel; Brent crude oil ultimately closed up 0.26% at $95.21 per barrel.🕵️ Operation suggestion:WTI Crude Oil 92.548 Buy Target Price 98.731
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.56% 30517.45 30688.15 Dow Jones ▲0.03% 51350.7 51337.7 S&P 500 ▼-0.29% 7591.75 7614.05 US Dollar Index ▼-0.04% 99.14 99.18 📝 Review:U.S. stocks closed up 0.45%, the S&P 500 rose 0.13%, and the Nasdaq Composite edged higher. Microsoft (MSFT.O) fell 4%, Google (GOOG.O) fell nearly 4%, while Marvell Technology (MRVL.O) surged 32% after Jensen Huang stated that Marvell Technology would become the next trillion-dollar company. The Nasdaq China Golden Dragon Index closed up 1.8%, and Alibaba (BABA.N) rose over 4%.🕵️ Operation suggestion:Nasdaq 100 30644.950 Buy Target Price 31162.365
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-2.20% 66021.7 67503.5 Ethereum ▼-3.52% 1831.2 1898.1 Dogecoin ▼-3.28% 0.09005 0.0931 📝 Review:Bitcoin experienced a sharp drop overnight and this morning, falling from $72,000 to $66,970, and is currently trading at $67,500, a nearly 7% decline in 24 hours. Over 250,000 users across the internet have been liquidated, with a total liquidation amount exceeding $1.6 billion. News factors included Strategy&'s first reduction of its BTC holdings, continuous large net outflows from US ETFs, rising expectations of a Fed rate hike, and geopolitical tensions between the US and Iran, all triggering selling pressure. Technically, Bitcoin has broken below multiple key moving averages, with the 4-hour MACD histogram expanding and the RSI entering oversold territory. Short-term support is at $66,500, and resistance is at $69,200, indicating a dominant downtrend.🕵️ Operation suggestion:BitCoin 66591.6 Sell Target Price 64871.7
Calendar
- 20:55 (GMT+8): US Redbook Retail Sales Annual Rate for the Week Ending May 30
- 22:00 (GMT+8): US JOLTs Job Openings for April
- 23:30 (GMT+8): US Treasury auction for 6 weeks ending June 2 - winning bid rate
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