Hot spot tracking
- Global assets encountered "Black Monday": Japan, South Korea, and Turkey triggered the circuit breaker mechanism; the market value of the seven major US stocks evaporated by 1.3 trillion US dollars at the opening; interest rate futures were basically fully priced; the Federal Reserve will cut interest rates by 50 basis points in September. Trump used "Black Monday" to play psychological warfare: choose me to invest in stocks and make a lot of money, otherwise you will face a great depression. The expectation and magnitude of US interest rate cuts have increased, bearish for the US dollar and US stocks.
- The Wall Street Journal quoted US officials last Sunday as saying that Iran may attack Israel within 24 to 48 hours. Israeli media: If there is solid evidence that Iran is preparing to attack, Israel will consider a "preemptive" strike. If Iran goes to war, it will cause crude oil prices to rise.
- The US ISM non-manufacturing PMI in July was 51.4, higher than market expectations; the final value of the S&P global services PMI in July was 55, lower than market expectations. Bearish for the US economy and the US dollar.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.28% 1.09507 1.09536 GBP/USD ▼-0.26% 1.27762 1.27754 AUD/USD ▼-0.31% 0.64988 0.64979 USD/JPY ▼-1.57% 144.177 144.067 GBP/CAD ▼-0.49% 1.76627 1.76506 NZD/CAD ▼-0.62% 0.82092 0.8206 📝 Review:On Monday, global assets suffered a "Black Monday". The US dollar index continued to fall and once fell close to the 102 mark. However, it recovered some of its losses during the US trading session and finally closed down 0.48% at 102.74; the US dollar/yen once fell below 142, close to the lowest level of the year. US Treasury yields rose and fell. The benchmark 10-year US Treasury yield closed at 3.784%; the two-year US Treasury yield recovered most of its losses and turned up, and once ended the inversion with the 10-year US Treasury yield during the session, and finally closed at 3.9140%.🕵️ Operation suggestion:USD/JPY 145.991 Sell Target Price 141.818
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-1.41% 2410.06 2410.84 Silver ▼-4.75% 27.227 27.254 📝 Review:Due to the "infection" of the market's selling sentiment, spot gold fell sharply in the European session and once fell to an intraday low of $2,364.29, a drop of nearly $100 from the intraday high. It then rebounded and returned to above $2,400, and finally closed down 1.33% at $2,409.32 per ounce. Spot silver finally closed down 4.65% at $27.25 per ounce.🕵️ Operation suggestion:Gold 2407.30 Sell Target Price 2367.34
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.35% 73.398 73.416 Brent Crude Oil ▼-0.03% 77.104 77.135 📝 Review:The global stock market sell-off continued, but the oil market's decline was limited. The market was worried that Iran might retaliate against the assassination of a Hamas leader in Tehran, leading to a wider war in the Middle East. WTI crude oil "stopped bleeding" during the U.S. trading session, recovering most of the intraday losses, and finally closed down 0.24% at $74.52 per barrel; Brent crude oil finally closed down 0.22% at $77.13 per barrel.🕵️ Operation suggestion:WTI Crude Oil 73.570 Sell Target Price 71.278
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-1.58% 17959.35 18128.45 Dow Jones ▼-1.73% 38755 38933.4 S&P 500 ▼-1.95% 5199.55 5241.65 ▼0.00% 17559.3 17559.3 US Dollar Index ▼-0.45% 102.45 102.67 📝 Review:The Dow Jones Industrial Average closed down 2.6%, the S&P 500 fell 3%, and the Nasdaq fell 3.43%. Nvidia (NVDA.O) fell 6%, and Apple (AAPL.O) fell nearly 5%. Chinese stocks were relatively resilient, with the Nasdaq China Golden Dragon Index closing up 0.25%.🕵️ Operation suggestion:Nasdaq 100 18142.650 Sell Target Price 17383.300
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-6.95% 54352.9 54325.2 Ethereum ▼-10.72% 2434.1 2425.7 Dogecoin ▼-9.43% 0.09448 0.09434 📝 Review:From the overall trend, the Bitcoin market is currently dominated by bears. As of the current trading session, the price of Bitcoin has fallen below the key support level of 53,000 points. On the daily chart, the market has not yet formed a stable bottom structure, and the overall trend is still bearish.🕵️ Operation suggestion:BitCoin 54550.1 Sell Target Price 50097.3
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