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Hot spot tracking

  • The U.S. Bureau of Labor Statistics revised down the employment growth in the year ending in March by 818,000, an average monthly decrease of about 68,000, the largest downward revision since 2009. The substantial downward revision of employment data re-emphasized the severity and necessity of the U.S. employment problem, paving the way for a rate hike in September. Bearish for the U.S. dollar.
  • The U.S. EIA crude oil inventory recorded a decrease of 4.649 million barrels in the week ending August 16, a larger-than-expected decline. Strategic petroleum reserve inventories were the highest since the week ending December 16, 2022; commercial crude oil inventories were the lowest since the week ending January 26, 2024. The decline in crude oil inventories is bullish for crude oil.
  • Middle East situation - Israel attacked southern Lebanon, killing Fatah officials. Ceasefire negotiations in the Middle East have been put on hold, and a major fuse is being detonated. The war may continue, which is bullish for crude oil and gold.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.19% 1.11495 1.11479
    GBP/USD ▲0.44% 1.30906 1.30918
    AUD/USD ▼-0.01% 0.67466 0.67453
    USD/JPY ▲0.10% 145.275 145.175
    GBP/CAD ▲0.24% 1.77933 1.7791
    NZD/CAD ▼-0.16% 0.83668 0.83654
    📝 Review:On Wednesday, the US dollar index fell for the fourth consecutive trading day. It once broke through the 101 mark during the session, hitting a new low for the year, and finally closed down 0.191% at 101.17. The US Treasury yield continued to fall, with the benchmark 10-year US Treasury yield closing at 3.805%; the two-year US Treasury yield finally closed at 3.943%.
    🕵️ Operation suggestion:

    USD/JPY 145.259  Sell  Target Price  143.408

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▼-0.06% 2512.34 2512.07
    Silver ▲0.56% 29.585 29.577
    📝 Review:Spot gold generally fell first and then rose, reaching a daily low of 2493.78. After the release of the Federal Reserve meeting minutes, it turned to rise, and finally closed down 0.06% at $2512.41 per ounce. Spot silver fluctuated higher and finally closed up 0.57% at $29.6 per ounce.
    🕵️ Operation suggestion:

    Gold 2512.19  Buy  Target Price  2531.64

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-1.61% 71.801 71.812
    Brent Crude Oil ▼-1.34% 75.626 75.634
    📝 Review:Although the decline in U.S. EIA crude oil inventories exceeded expectations, the trend-tracking commodity trading advisors (CTAs) are still intensifying the sell-off. International oil prices fell to a six-month low. WTI crude oil fell below the 72 mark and eventually closed down 1.62% at $71.8 per barrel; Brent crude oil eventually closed down 1.33% at $75.63 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 71.720  Buy  Target Price  72.783

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▲0.59% 19826.85 19847.15
    Dow Jones ▲0.10% 40902.5 40930.1
    S&P 500 ▲0.37% 5618.35 5622.15
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.27% 100.88 100.92
    📝 Review:The three major U.S. stock indexes rebounded collectively, with the Dow Jones Industrial Average closing up 0.13%, the S&P 500 up 0.42%, and the Nasdaq up 0.57%. Nvidia (NVDA.O) rose nearly 1%, while Apple (AAPL.O) fell slightly. The Nasdaq China Golden Dragon Index closed up 2.4%, Alibaba (BABA.N) rose 3%, Xpeng Motors (XPEV.N) and Li Auto (LI.O) rose by around 4%, and JD.com (JD.O) fell 4.1%.
    🕵️ Operation suggestion:

    Nasdaq 100 19843.550  Buy  Target Price  20105.984

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    ▲3.19% 61179.8 61228.7
    ▲1.75% 2628.2 2636.1
    ▲3.34% 0.10666 0.10649
    📝 Review:Judging from the overall market trend, bulls have a slight advantage in the Bitcoin market. At press time, the Bitcoin price is below 59,500 points. Yesterday, the daily candlestick chart showed that the price broke through the 233-day moving average, but failed to stabilize above the line at the close. Tonight, we need to pay close attention to whether the daily candlestick can stabilize above the 233-day moving average, that is, above 60,040 points, at the close of the early morning.
    🕵️ Operation suggestion:

     61036.0  Buy  Target Price  63682.3

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