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Hot spot tracking

  • Fed Chairman Powell reiterated that significant progress has been made in reducing inflation, and expected the inflation rate to be around the low-to-mid 2% level in one year. However, he refused to comment on the issue of interest rate cuts in September, saying that more evidence of falling inflation is needed before interest rate cuts can be made. The remarks are bullish for the US dollar.
  • World Gold Council: Gold is waiting for a catalyst, and falling interest rates may be a driving force. It is expected that gold prices will remain in a range for the rest of the year. This plays a key role in stabilizing gold prices.
  • Iranian Oil Minister: Iran exports oil to 17 countries, including European countries, at a discounted price of about US$10 per barrel, which is bearish for the US dollar and bullish for crude oil.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.04% 1.07447 1.07454
    GBP/USD ▲0.29% 1.26849 1.26836
    AUD/USD ▲0.12% 0.66692 0.66691
    USD/JPY ▲0.01% 161.466 161.435
    GBP/CAD ▼-0.10% 1.73489 1.73462
    NZD/CAD ▼-0.40% 0.83116 0.83112
    📝 Review:On Tuesday, the US dollar index fell back to the 106 mark and resumed its decline. The decline accelerated during the US trading session and finally closed down 0.113% at 105.63. As Powell affirmed the progress in fighting inflation, US Treasury yields generally fell, with the 10-year US Treasury yield closing at 4.437%. The interest rate-sensitive 2-year US Treasury yield closed at 4.749%.
    🕵️ Operation suggestion:

    USD/JPY 161.513  Buy  Target Price  161.525

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▼-0.13% 2329.39 2329.9
    Silver ▲0.16% 29.501 29.51
    📝 Review:Spot gold hit a new high during Powell's speech, but fell back after the release of job vacancies data. It finally closed down 0.1% at $2,329.47 per ounce. Spot silver closed up 0.25% at $29.52 per ounce.
    🕵️ Operation suggestion:

    Gold 2330.86  Buy  Target Price  2331.25

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-0.24% 82.668 82.664
    Brent Crude Oil ▼-0.09% 86.377 86.362
    📝 Review:U.S. and Brent crude oil closed slightly lower, as the latest forecast showed that Hurricane Beryl was less likely to cause supply disruptions. WTI crude oil closed down 0.28% at $83.12 per barrel, while Brent crude oil closed down 0.08% at $86.54 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 82.441  Sell  Target Price  82.396

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▲1.08% 20016.02 20007.87
    Dow Jones ▲0.45% 39332 39338.1
    S&P 500 ▲0.61% 5506.97 5506.75
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.16% 105.28 105.27
    📝 Review:The three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.41%, the S&P 500 up 0.62%, and the Nasdaq up 0.84%. Tesla (TSLA.O) achieved impressive Q2 delivery results, closing up 10.20%, with a total market value of more than $730 billion. Most of the star technology stocks rose, with AMD (AMD.O) up 4.2%, TSMC (TSM.N) up 1.91%, Apple (AAPL.O) up 1.62%, and Nvidia (NVDA.O) falling 1.31% against the trend.
    🕵️ Operation suggestion:

    Nasdaq 100 20009.620  Buy  Target Price  20019.209

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▼-1.75% 61988.8 61935.2
    Ethereum ▼-1.12% 3418.3 3418.7
    Dogecoin ▼-0.02% 0.1241 0.12474
    📝 Review:Judging from the overall market trend, the short forces of Bitcoin currently have a slight upper hand. As of the opening, the price of Bitcoin has not yet broken through the 63,000 mark, and the 4-hour chart shows that the rebound is insufficient. Today, the price of Bitcoin retreated to 62,300 points, which is only slightly higher than the trading center range below, suggesting that the bulls are not strong. Otherwise, the price would not fluctuate only slightly above the center range. In the short term, the bulls seem to lack momentum.
    🕵️ Operation suggestion:

    BitCoin 62188.1  Buy  Target Price  63944.3

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