Hot spot tracking
- Reporter Nick Timiraos: The threshold for an emergency rate cut is very high. The Federal Reserve will debate whether to cut interest rates by 50 basis points in September. Expectations for a larger rate cut are rising, which is bearish for the US dollar.
- The scale of the Federal Reserve's overnight reverse repurchase fell below $300 billion for the first time since 2021. Bearish for the US economy and the US dollar.
- The GDPNow model predicts that the US GDP growth rate in the third quarter will be 2.9%, which is higher than the previous forecast of 2.5%. The growth forecast is bullish for the US economy.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.21% 1.09309 1.09277 GBP/USD ▼-0.66% 1.26914 1.26896 AUD/USD ▲0.34% 0.65203 0.65218 USD/JPY ▲0.20% 144.36 144.555 GBP/CAD ▼-0.89% 1.7493 1.74849 NZD/CAD ▼-0.02% 0.82047 0.82017 📝 Review:Spot gold continued to be under pressure and fell below the 2,400 mark. It eventually closed down 0.84% at $2,389.10 per ounce. Spot silver eventually closed down 0.98% at $26.94 per ounce.🕵️ Operation suggestion:USD/JPY 144.976 Sell Target Price 142.660
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.87% 2389.89 2391.84 Silver ▼-1.12% 26.949 26.956 📝 Review:Spot gold continued to be under pressure and fell below the 2,400 mark. It eventually closed down 0.84% at $2,389.10 per ounce. Spot silver eventually closed down 0.98% at $26.94 per ounce.🕵️ Operation suggestion:Gold 2383.95 Sell Target Price 2354.11
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-1.34% 72.429 72.369 Brent Crude Oil ▼-1.23% 76.187 76.157 📝 Review:Crude oil continued to fall under pressure and recorded four consecutive declines. WTI crude oil rebounded rapidly during the US trading session and once stood above $73. However, it then gave up most of its gains and finally closed down 1.33% at $72.42 per barrel; Brent crude oil finally closed down 1.17% at $76.20 per barrel.🕵️ Operation suggestion:WTI Crude Oil 72.340 Sell Target Price 71.138
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.45% 18047.65 17997.55 Dow Jones ▲0.07% 38959.2 38950.5 S&P 500 ▼-0.17% 5232.65 5225.75 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.09% 102.76 102.75 📝 Review:The Dow Jones Industrial Average closed up 0.76%, the S&P 500 rose 1.04%, and the Nasdaq rose 1.03%. Apple (AAPL.O) fell 1%, Nvidia (NVDA.O) rose 3.7%, and TSMC (TSM.N) rose nearly 5%. The Nasdaq China Golden Dragon Index closed up 3%, New Oriental (EDU.N) rose 13%, JD.com (JD.O) rose 2%, and Alibaba (BABA.N) rose 1%.🕵️ Operation suggestion:Nasdaq 100 18051.150 Sell Target Price 17516.393
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open ▲3.99% 56495.4 56411 ▲2.47% 2485.7 2490 ▲2.29% 0.0965 0.09704 📝 Review:From the overall trend, the market shows a clear bullish advantage. As of press time, the price of Bitcoin is below 55,500 points. If the market can maintain a strong rebound in the short term, the possibility of breaking through 74,000 points will be greater than before. Therefore, for the subsequent market of Bitcoin, investors are advised to adopt a short-term short-selling strategy and be wary of possible super V-shaped rebounds to avoid losses in rapid reversals.🕵️ Operation suggestion:55900.4 Sell Target Price 53285.9
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