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
- ForexU.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
- GoldSpot 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 OilCrude 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
- IndiceU.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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