Hot spot tracking
- The US unadjusted CPI annual rate in September was 2.4%, which was the sixth consecutive month of decline. It was the lowest since February 2021, but higher than the market expectation of 2.3%. Bullish for the US economy, the US dollar and US stocks.
- The number of initial jobless claims in the United States for the week ending October 5 was 258,000, higher than the previous value of 225,000. It was the highest since the week ending August 5, 2023. It is bearish for the US dollar and US stocks.
- ECB Minutes: Inflation is expected to rise again in the second half of this year and gradually fall back to the target in the second half of next year. The economic outlook for the eurozone is more worrying. It is generally believed that the probability of a recession in the eurozone is still small. Bullish for the euro.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.04% 1.09367 1.0935 GBP/USD ▼-0.09% 1.30588 1.30593 AUD/USD ▲0.37% 0.67433 0.67428 USD/JPY ▼-0.40% 148.574 148.541 GBP/CAD ▲0.15% 1.79393 1.79349 NZD/CAD ▲0.76% 0.83698 0.83754 📝 Review:On Thursday, the US dollar index strengthened in the short term, reaching a high of 103.18 due to higher-than-expected CPI data. However, it was hindered by the initial jobless claims data exceeding expectations and the six consecutive declines in CPI, and finally closed down 0.02% at 102.86. The benchmark 10-year US Treasury yield closed at 4.0650%; the two-year US Treasury yield closed at 3.9610%.🕵️ Operation suggestion:USD/JPY 148.679 Buy Target Price 149.487
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.87% 2630.06 2629.74 Silver ▲2.18% 31.141 31.141 📝 Review:Spot gold rebounded after six trading days of declines as initial jobless claims data showed a weak labor market. It eventually closed up 0.87% at $2,629.62 per ounce. Spot silver eventually closed up 2.18% at $31.14 per ounce.🕵️ Operation suggestion:Gold 2633.45 Buy Target Price 2652.73
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲2.96% 75.002 74.978 Brent Crude Oil ▲3.04% 78.82 78.777 📝 Review:International crude oil prices surged by more than 3% as Hurricane Milton triggered large-scale purchases and supply risks in the Middle East. WTI crude oil closed up 3.07% at $75.55 per barrel, while Brent crude oil closed up 3.21% at $79.21 per barrel.🕵️ Operation suggestion:WTI Crude Oil 75.147 Buy Target Price 77.931
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.12% 20240.34 20254.28 Dow Jones ▼-0.17% 42455.3 42481 S&P 500 ▼-0.15% 5779.65 5784.15 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.04% 102.76 102.73 📝 Review:The Dow Jones Industrial Average closed down 0.1%, the S&P 500 fell 0.2%, and the Nasdaq fell slightly. Nvidia (NVDA.O) rose 1.6%, and Trump Media Technology Group (DJT.O) rose 17%. The Nasdaq China Golden Dragon Index closed up 0.3%, Alibaba (BABA.N) rose 1%, iQiyi (IQ.O) fell 4.8%, and Li Auto (LI.O) fell 3.7%.🕵️ Operation suggestion:Nasdaq 100 20265.030 Buy Target Price 20475.780
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.93% 59667.3 60116.3 Ethereum ▼-0.56% 2362.2 2383.3 Dogecoin ▼-2.78% 0.1045 0.1059 📝 Review:Analyzing from the liquidation of the Bitcoin market, there is a clear imbalance in the current open short and long positions in the market. If the Bitcoin price rebounds to $62,500, it will trigger the liquidation of up to $1.625 billion of short positions. If the price falls to around $59,500, it will lead to the liquidation of $680 million of long positions, a difference of more than double in size. Whether the bulls will continue to be under pressure depends largely on the influence of CPI data.🕵️ Operation suggestion:BitCoin 60260.2 Sell Target Price 57685.9
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