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Hot spot tracking

  • The final value of the annualized quarterly rate of the core PCE price index in the first quarter of the United States was 3.7%, higher than the previous value and market expectations of 3.6%. The final value of the annualized quarterly rate of real GDP in the first quarter of the United States was revised up to 1.4%. The final value of the quarterly rate of real personal consumption expenditures in the first quarter of the United States was significantly revised down to 1.5%, lower than the previous value and market expectations of 2%. The decline in the price index leaves enough room for interest rate cuts. According to the current data revision, increasing expectations for interest rate cuts is equivalent to being bearish on the US dollar.
  • The number of initial unemployment claims in the United States for the week ending June 22 was 233,000, lower than the expected 236,000 and lower than the previous value of 238,000. The number of Americans who continued to apply for unemployment benefits last week rose to the highest level since the end of 2021. In addition, the monthly rate of the U.S. existing home sales index in May was only -2.1%, significantly weaker than the expected 2.5%. The decline in initial unemployment claims can be seen as a sign of improvement in the U.S. domestic economy. At the same time, it can also be interpreted as a preparation for the pressure on economic data for interest rate cuts, which is bullish for the U.S. dollar in the short term and bearish for the U.S. dollar in the long term.
  • Japan's Ministry of Finance is said to be announcing a series of scheduled personnel changes in the coming days. The announcement could be made as early as Friday and will take effect in July. The country's top foreign exchange official, Vice Finance Minister Masato Kanda, has held the position for three years, longer than usual. It is not clear whether Masato Kanda's position will be included in the upcoming personnel changes. Japan's personnel changes may help control the current depreciation of the yen, which is bullish for the yen.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.22% 1.07032 1.07036
    GBP/USD ▲0.13% 1.26395 1.26407
    AUD/USD ▼-0.03% 0.66499 0.66504
    USD/JPY ▲0.01% 160.77 160.75
    GBP/CAD ▲0.14% 1.73146 1.73121
    NZD/CAD ▼-0.06% 0.83307 0.83317
    📝 Review:Although the US first quarter GDP data was revised upward on Thursday, the US dollar index fell before the US market due to the significant downward revision of personal consumption expenditure data, but soon recovered most of its losses and finally closed down 0.11% at 105.84. The 10-year US Treasury yield fell sharply to close at 4.291%. The two-year US Treasury yield closed at 4.718%.
    🕵️ Operation suggestion:

    USD/JPY 160.697  Buy  Target Price  161.164

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲1.26% 2327.51 2327.97
    Silver ▲0.70% 28.957 28.951
    📝 Review:Aided by the weakening of the U.S. dollar and U.S. bond yields, spot gold rose more than 1% from its two-week low on Wednesday and returned above the $2,320 mark, eventually closing up 1.28% at $2,327.43 per ounce. Spot silver closed up 0.74% at $28.96 per ounce.
    🕵️ Operation suggestion:

    Gold 2325.45  Sell  Target Price  2295.66

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▲1.02% 81.434 81.43
    Brent Crude Oil ▲0.93% 85.183 85.164
    📝 Review:As geopolitical pressures in the Middle East and Europe increase, the market is worried about disruptions to global crude oil supply. However, the unexpected increase in U.S. crude oil and gasoline inventories curbed the gains of both oils. WTI crude oil rose above $81 and eventually closed up 1.03% at $81.44 per barrel; Brent crude oil closed up 0.89% at $85.18 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 81.510  Buy  Target Price  82.938

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▲0.68% 19817.16 19828.88
    Dow Jones ▲0.26% 39203.9 39139.5
    S&P 500 ▲0.33% 5486.9 5489.41
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.14% 105.51 105.5
    📝 Review:The Dow Jones and S&P 500 rose slightly, while the Nasdaq rose 0.3%. Nvidia (NVDA.O) fell 1.9%, Micron Technology (MU.O) fell 7%, and Amazon (AMZN.O) rose 2%. The Nasdaq China Golden Dragon Index closed down 2.2%, Xpeng Motors (XPEV.N) fell 6.6%, JD.com (JD.O) fell more than 4%, and Alibaba (BABA.N) fell 2%.
    🕵️ Operation suggestion:

    Nasdaq 100 19847.630  Buy  Target Price  20087.031

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▲0.70% 61466.1 61512.7
    Ethereum ▲1.60% 3441.9 3446.8
    Dogecoin ▲1.00% 0.12493 0.12555
    📝 Review:From the overall trend, the bears of BTC market have a slight advantage. As of the opening, BTC is around 61,000. The market is still fluctuating between 61,000 and 62,000 points. The current 30-minute retracement has formed 5 consecutive declines. Whether it can form a consolidation divergence, drive a 4-hour rebound, and trigger the confirmation of the bottom pattern of the daily line, this is almost a market that can be confirmed tonight or tomorrow.
    🕵️ Operation suggestion:

    BitCoin 61585.7  Sell  Target Price  59038.3

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