Hot spot tracking
- The preliminary value of the UK manufacturing PMI in June was recorded at 51.4, a new high in 23 months. The preliminary value of the UK's service sector PMI in June was recorded at 51.2, and the preliminary value of the comprehensive PMI in June was recorded at 51.7, both of which were new lows in seven months. Money markets have fully priced in two 25 basis point interest rate cuts from the Bank of England this year. Better UK PMI data will be positive for the pound.
- The preliminary manufacturing PMI value of the Eurozone in June was recorded at 45.6, a new low in six months. The preliminary value of the Eurozone's service industry PMI in June was recorded at 52.6, and the preliminary value of the comprehensive PMI in June was recorded at 50.8, both of which were new lows in three months. Analyst: Inflation in the service industry is still high, and there is no hope for the European Central Bank to cut interest rates in July. The downward trend in European PMI data will be negative for the euro.
- The initial value of the S&P Global Composite PMI in the United States in June was recorded at 54.6, and the initial value of the services PMI was recorded at 55.1, both 26-month highs. The preliminary value of the manufacturing PMI was recorded at 51.7, a three-month high. The new high in US PMI data will help US stocks and the US dollar rise.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.12% 1.06913 1.06909 GBP/USD ▼-0.09% 1.26477 1.26385 AUD/USD ▼-0.21% 0.66448 0.66389 USD/JPY ▲0.44% 159.602 159.732 GBP/CAD ▼-0.02% 1.73236 1.73016 NZD/CAD ▲0.04% 0.83812 0.83692 📝 Review:Last Friday (June 21), stimulated by positive U.S. PMI data, the U.S. dollar index rose as much as 0.3% and once rose above 105.90, setting a new seven-week high since May 1. It rose 0.2% for the whole week, rising for three consecutive weeks. The Japanese yen has set its longest losing streak since March, falling for seven consecutive days as of last Friday and approaching the 160 level. U.S. bond yields fell to daily lows before the release of U.S. PMI data, then rebounded and turned higher. The yield on the two-year U.S. Treasury note, which is more sensitive to monetary policy, rose by as much as 2 basis points during the day and pushed up to 4.75%, rising by more than 2 basis points throughout the week. The 10-year base bond yield rose as much as 3 basis points to 4.28%, rising nearly 4 basis points throughout the week.🕵️ Operation suggestion:USD/JPY 159.877 Buy Target Price 160.218
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-1.63% 2322.08 2321.62 Silver ▼-3.93% 29.516 29.498 📝 Review:Because stronger-than-expected PMI data may prompt "a more hawkish signal from the Federal Reserve," traders are considering the Fed's subsequent moves. Spot gold fell below $2,320 an ounce during the session. The intraday drop was close to 2%, falling nearly 50 US dollars from the daily high, and finally closed down 1.62% at US$2,321.87 per ounce. Spot silver fell below the $30 mark and closed down 3.88% at $29.55 per ounce. Spot palladium surged more than 10% during the session, then suddenly gave up most of its gains. Analysis pointed out that the wide intraday fluctuations may be related to the short covering behavior of traders.🕵️ Operation suggestion:Gold 2319.38 Sell Target Price 2295.39
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.76% 80.469 80.295 Brent Crude Oil ▼-0.59% 84.333 83.919 📝 Review:Crude oil fell after entering the overbought zone. WTI crude oil closed down 0.83% at $80.96 per barrel; Brent crude oil closed down 0.66% at $84.32 per barrel. However, amid signs of reduced U.S. inventories and rising fuel demand, international oil prices still managed to record two consecutive weeks of gains, rising by more than 3% for the whole week.🕵️ Operation suggestion:WTI Crude Oil 80.107 Sell Target Price 79.023
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.40% 19709.25 19756.69 Dow Jones ▼-0.04% 39151.9 39198.6 S&P 500 ▼-0.25% 5464.58 5473.79 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.17% 105.42 105.44 📝 Review:The Dow closed up 0.04%, the S&P 500 fell 0.16%, and the Nasdaq fell 0.18%. The S&P rose for three weeks in a row, the Nasdaq fell away from new highs for two consecutive days, erasing the full week's gains, and the Dow rose for four consecutive days and stood firm for four weeks. High position. NVIDIA (NVDA.O) continued to fall by 3.22%, falling for two consecutive days. Its market value has evaporated by more than US$200 billion, falling back to US$3.1 trillion, lower than Microsoft and Apple. Dell (DELL.N) fell 2.2% and Super Micro Computer (SMCI.O) fell 1.3%. Apple (AAPL.O) fell 1.04%, saying it will not launch artificial intelligence features in the EU this year.🕵️ Operation suggestion:Nasdaq 100 19745.690 Sell Target Price 19505.967
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-0.87% 63707 63797.4 Ethereum ▼-1.91% 3432.6 3432.3 Dogecoin ▼-0.35% 0.12344 0.12579 📝 Review:Judging from various indicators, the BTC market has reached around 64,000. The market here has a strong supporting effect and it is difficult to fall in a waterfall. Moreover, the general trend of BTC is still in a bullish trend, and there is no obvious turning signal. Therefore, investors need to wait patiently for the market to move out of the weekly center and form a consolidation divergence. The current market faces huge risks of market changes, and both bulls and shorts need to be cautious.🕵️ Operation suggestion:BitCoin 63082.8 Sell Target Price 61313.9
Bonus rebate to help investors grow in the trading world!
Or try Free Demo Trading