Hot spot tracking

  • U.S. core CPI rose to 40-year high in September without seasonally adjusted annual rate
  • Gazprom: Repairing "North Stream" will take more than a year
  • Saudi Arabia and the United States stage a 'tear show' over production cuts

Product Hot Comment

  • Forex
    U.S. inflation data released on Thursday (October 13) sparked wild swings across financial markets. The U.S. dollar index fell below 113 after the CPI was announced, and closed down 0.724% at 112.47. The daily volatility of the U.S. dollar index was close to 200 points, and the yen once depreciated to levels in the early 1990s. The yield on the 30-year U.S. Treasury note rose to 4 percent, its highest level since 2011. U.S. Treasury yields hit 15-year highs two years ago. The yield on the 10-year U.S. Treasury note once exceeded 4%.
    📝 Review:The dollar fell in choppy trade against most currencies on Thursday after surging in early trade after a sizzling higher-than-expected U.S. inflation report, but some investors believed the market's initial reaction to the data was overdone. After the data was released, the dollar briefly hit a 32-year peak of 147.665 against the yen, then pared gains and rose 0.2 percent to 147.25 yen in late New York trading.
    🕵️ Operation suggestion:go long EUR/USD at 0.97731, target price 0.98510
  • Gold
    Spot gold fell $40 from above 1680 to around 1642, and then recovered, and finally closed down 0.62% at $1664.24 per ounce; spot silver fell below the 19 mark and closed down 0.98% at $18.88 per ounce.
    📝 Review:Gold prices fell on Thursday as U.S. consumer prices rose more than expected in September, cementing bets that the Federal Reserve will stick to aggressive rate hikes.
    🕵️ Operation suggestion:go short at 1664.18, the target price is 1652.12
  • Crude Oil
    Crude oil stepped out of the independent market. WTI crude oil rose sharply in the U.S. market, approaching the $90 mark, and closed up 2.52% at $89.21/barrel; Brent crude oil was close to $95/barrel and closed up 2.36% at $94.55/barrel.
    📝 Review:Oil prices closed up about 2 percent on Thursday as low diesel stockpiles ahead of winter sparked buying and reversed losses after crude and gasoline inventories were higher than expected.
    🕵️ Operation suggestion:go long at 87.911, the target price is 89.731
  • Indice
    U.S. stocks opened lower and ended higher, rebounding from losses triggered by high inflation data. The S&P 500 closed up 2.6%, with the index fluctuating more than 5% on the day. The Dow closed up 2.83% and the Nasdaq closed up 2.23%. Star technology stocks generally rose, Netflix rose more than 5%, Intel rose more than 4%, Nvidia and Microsoft rose about 3%, and Apple rose more than 3%. Crude oil is long at 87.911, the target point is 89.731
    📝 Review:U.S. stocks rallied on Thursday, with all three major indexes closing up more than 2 percent, as technical support and investor short-covering helped the market rebound strongly after earlier losses.
    🕵️ Operation suggestion:go short The Nasdaq index at 11023.600, the target price is 10450.500

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