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Market News

Hot spot tracking

  • The U.S. core PCE monthly rate fell slightly to 0.1% in August, lower than expected and a new low since May; the annual rate rose slightly to 2.7%, in line with expectations. After the data was released, interest rate futures traders believed that the possibility of a 50 basis point rate cut by the Federal Reserve in November was slightly higher than the possibility of a 25 basis point rate cut. Bearish for the US dollar and US stocks.
  • Shigeru Ishiba won the election as leader of Japan's ruling party and will become Japan's next prime minister. According to Japan Broadcasting Association NHK: Japanese Prime Minister-elect Shigeru Ishiba plans to hold a general election on October 27. Shigeru Ishiba: Fiscal stimulus measures will be implemented if necessary. The trend of loose monetary policy will not change, which is bearish for the yen and Japanese stocks.
  • Apple is reported to have withdrawn from OpenAI’s current round of financing negotiations. Microsoft will invest an additional US$1 billion, which is bearish for Apple and bullish for Microsoft.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▼-0.11% 1.11634 1.116
    GBP/USD ▼-0.28% 1.33758 1.33728
    AUD/USD ▲0.19% 0.69081 0.69065
    USD/JPY ▼-1.82% 142.15 142.278
    GBP/CAD ▲0.10% 1.80794 1.80633
    NZD/CAD ▲0.66% 0.85752 0.85636
    📝 Review:Last Friday, the U.S. dollar index fell as low as 100.15 before breaking through after the release of PCE data, setting a new low since July 20, 2023. It then rebounded and finally closed down 0.111% at 100.45. U.S. bond yields fell across the board, with short-term U.S. bond yields leading the decline. The benchmark 10-year U.S. bond yield closed at 3.754%; the two-year U.S. bond yield closed at 3.567%.
    🕵️ Operation suggestion:

    USD/JPY 142.100  Buy  Target Price  142.834

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▼-0.75% 2652.09 2658.85
    Silver ▼-1.20% 31.613 31.649
    📝 Review:Spot gold's record rally has slowed. The intraday low hit $2,643.05 per ounce, and finally closed down 0.53% at $2,658.32 per ounce. The weekly chart achieved three consecutive positives; spot silver fell below the 32 mark and finally closed down 1.21% at $31.63 per ounce.
    🕵️ Operation suggestion:

    Gold 2665.47  Buy  Target Price  2666.00

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▲1.56% 68.34 68.35
    Brent Crude Oil ▲1.41% 71.841 71.621
    📝 Review:As the situation in the Middle East continues to heat up, international crude oil has rebounded. However, U.S. and Brent oil still recorded declines last week, amid the prospect of increased oil supplies from Saudi Arabia and Libya. WTI crude oil finally closed up 1.71% at US$68.45/barrel; Brent crude oil closed up 1.58% at US$71.96/barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 68.151  Sell  Target Price  68.241

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-0.74% 20006.34 19985.3
    Dow Jones ▲0.19% 42304.7 42287.9
    S&P 500 ▼-0.33% 5733.85 5731.45
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.21% 100.25 100.27
    📝 Review:The three major U.S. stock indexes had mixed gains and losses, with the Dow Jones Industrial Average closing up 0.33%, the S&P 500 Index falling 0.13%, and the Nasdaq Composite Index falling 0.39%. The Nasdaq China Golden Dragon Index closed up 3.99%, rising approximately 24% for the week. In terms of popular Chinese concept stocks, NIO (NIO.N) rose by more than 12%, Xpeng Motors (XPEV.N) rose by more than 8%, Zhihu (ZH.N) rose by more than 10%, and Bilibili rose by more than 12%. 8%. Some semiconductor concept stocks fell, with TSMC (TSM.N) falling more than 4% and Nvidia (NVDA.O) falling more than 2%.
    🕵️ Operation suggestion:

    Nasdaq 100 20062.700  Buy  Target Price  20076.498

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▲0.23% 65821.4 65866
    Ethereum ▼-0.51% 2660.2 2666.6
    Dogecoin ▼-1.25% 0.12709 0.12701
    📝 Review:After experiencing severe volatility over the past two months, the Bitcoin market has enjoyed a significant recovery this month. This change is closely related to the Federal Reserve's decision to cut interest rates and China's large-scale loose monetary policy. Currently, the price of Bitcoin has exceeded $65,000, an increase of more than 30% compared to the previous low of $49,000. Over the past month, the price of Bitcoin has increased by 10.85% and is continuing to rise.
    🕵️ Operation suggestion:

    BitCoin 65487.0  Buy  Target Price  65443.3

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