Hot spot tracking
- Federal Reserve Beige Book: Economic activity in almost all regions has remained largely unchanged since early September. Manufacturing activity declined in most regions. Bearish for the dollar.
- The Bank of Canada cut interest rates by 50 basis points, the fourth consecutive rate cut, which is bearish for the Canadian dollar.
- Sources said the ECB has begun discussing whether interest rates need to be lowered below the neutral level. ECB Governing Council member Centeno: A 50 basis point rate cut is possible at the next meeting. Inflation has been brought under control.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.15% 1.07817 1.07823 GBP/USD ▼-0.48% 1.292 1.29189 AUD/USD ▼-0.76% 0.66363 0.66387 USD/JPY ▲1.13% 152.758 152.686 GBP/CAD ▼-0.31% 1.7876 1.78692 NZD/CAD ▼-0.54% 0.83054 0.83046 📝 Review:On Wednesday, the U.S. dollar index continued its upward trend, rising for the 16th time in 18 trading days, as a series of positive economic data prompted the market to lower its expectations for the extent and speed of the Federal Reserve's interest rate cuts. It finally closed up 0.33% at 104.41. U.S. Treasury yields also soared, with the benchmark 10-year Treasury yield closing at 4.2430%; the two-year Treasury yield closed at 4.0950%.🕵️ Operation suggestion:USD/JPY 152.593 Buy Target Price 153.298
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-1.20% 2715.51 2716.46 Silver ▼-3.31% 33.678 33.666 📝 Review:After hitting a record high above $2,750, spot gold began to pull back during the European session. It accelerated its decline during the U.S. session, once losing the $2,710 mark. In the end, it closed down 1.21% at $2,715.43 per ounce. Spot silver closed down 3.31% at $33.69 per ounce.🕵️ Operation suggestion:Gold 2719.31 Sell Target Price 2690.26
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.41% 70.934 70.94 Brent Crude Oil ▼-0.46% 74.898 74.895 📝 Review:Despite the rebound in refining activities, crude oil fell as the increase in US crude oil inventories still exceeded expectations. WTI crude oil fell to around the $70 mark before the US market, then recovered some of its losses and finally closed down 0.52% at $70.89 per barrel; Brent crude oil closed down 0.41% at $74.90 per barrel.🕵️ Operation suggestion:WTI Crude Oil 71.182 Buy Target Price 72.251
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-1.21% 20115.37 20147.87 Dow Jones ▼-0.82% 42451.2 42465.6 S&P 500 ▼-0.70% 5802.15 5805.15 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.33% 104.27 104.3 📝 Review:The Dow Jones Industrial Average closed down 0.96%, the S&P 500 fell 0.92%, and the Nasdaq fell 1.6%. Trump Media Technology Group (DJT.O) bucked the trend and closed up more than 4%, while Nvidia (NVDA.O) and Apple (AAPL.O) both fell more than 2%. As Q3 net profit and gross profit margin exceeded expectations, Tesla (TSLA.O) rose more than 10% after the US market, while Pinduoduo (PDD.O) fell nearly 5%. The Nasdaq China Golden Dragon Index closed down 1.2%, Alibaba (BABA.N) fell 2.4%, Li Auto (LI.O) rose 3.7%, and New Oriental (EDU.N) fell more than 8%.🕵️ Operation suggestion:Nasdaq 100 20187.500 Sell Target Price 19923.514
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.30% 66603.2 66329 Ethereum ▼-4.56% 2511.1 2500 Dogecoin ▼-0.29% 0.13929 0.13782 📝 Review:From the overall market trend, Bitcoin is currently in a seller's market, and the current Bitcoin price has fallen below $66,500. The current market shows that Bitcoin is in a 4-hour decline. To determine whether this will further trigger a decline at the daily level, we need to pay close attention to the consolidation divergence phenomenon on the 30-minute chart to see if it can provide support for the price.🕵️ Operation suggestion:BitCoin 67016.0 Buy Target Price 68464.7
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