Hot spot tracking
- Barkin, Richmond Fed Chair, stated the Fed requires clearer inflation trends before rate cuts. Rate cut timing hinges on data, making current guidance uncertain. Goolsbee, Chicago Fed Chair, remarked rate cuts don't need 2% inflation, possible with positive inflation news. Implication: Bearish for the US dollar.
- The number of people filing for unemployment benefits in the United States last week was 238,000, exceeding expectations of 235,000, and was little changed from last week. At the same time, U.S. housing starts fell 5.5% in May, the lowest level in four years. Implication: Bearish for the US Dollar
- The Swiss National Bank lowered its benchmark interest rate by 25 basis points to 1.25%, marking the second consecutive rate cut. Implication: Bearish for the Swiss franc.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.40% 1.0702 1.0704 GBP/USD ▼-0.51% 1.26563 1.26588 AUD/USD ▼-0.22% 0.66586 0.66587 USD/JPY ▲0.59% 158.923 158.909 GBP/CAD ▼-0.60% 1.7323 1.73263 NZD/CAD ▼-0.34% 0.83746 0.83782 📝 Review:On Thursday, the U.S. dollar index rose sharply, closing up 0.42% at 105.59. The 10-year Treasury yield rose and then fell, closing at 4.264%. The 2-year Treasury yield, which is most sensitive to the Fed's policy rate, closed at 4.750%.🕵️ Operation suggestion:USD/JPY 158.958 Buy Target Price 158.985
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲1.31% 2360 2360.6 Silver ▲3.24% 30.717 30.725 📝 Review:A series of generally weak economic data may increase the possibility of the Fed cutting interest rates later. Spot gold rose by more than 1% during the day and once stood above the $2,360 mark, hitting a two-week high. It finally closed up 1.36% at $2,359.97 per ounce. Spot silver rose 3% during the day and returned above the 30 mark, and finally closed up 3.26% at $30.71 per ounce.🕵️ Operation suggestion:Gold 2362.43 Buy Target Price 2364.42
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.72% 81.097 81.084 Brent Crude Oil ▲0.37% 84.849 84.832 📝 Review:WTI and Brent continued their upward trend and approached their highest point in more than a month. WTI crude oil stood above $81 and finally closed up 0.7% at $81.10 per barrel; Brent crude oil closed up 0.27% at $84.85 per barrel.🕵️ Operation suggestion:WTI Crude Oil 81.011 Sell Target Price 80.936
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.98% 19761.88 19788.13 Dow Jones ▲0.89% 39144.6 39167.9 S&P 500 ▼-0.38% 5472.81 5478.33 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.30% 105.13 105.24 📝 Review:The Dow Jones Industrial Average closed up 0.77%, the S&P 500 fell 0.25%, and the Nasdaq fell 0.79%. Nvidia (NVDA.O) fell 3.5%, and Apple (AAPL.O) fell 2.1%. The combined market value of Nvidia, Apple, and Microsoft once exceeded $10 trillion.🕵️ Operation suggestion:Nasdaq 100 19780.630 Sell Target Price 19484.950
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.16% 65062.3 64994.9 Ethereum ▼-1.24% 3523 3513.8 Dogecoin ▲1.27% 0.12441 0.12394 📝 Review:From the overall trend, the BTC market is slightly bullish. The market is trying to break through the 30-minute central high point, but it has not completely broken away yet. It may take until the US stock market opens tonight to determine the general market situation. At present, near the low point of the central range of the BTC daily line, the first resistance level of the rebound is around 68,000. Once the market rises strongly in 4 hours, it will continue to rise and rebound along the 5-day moving average, and may directly break through 70,000.🕵️ Operation suggestion:BitCoin 64810.8 Sell Target Price 64097.3
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