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Hot spot tracking

  • The Fed started the interest rate cut cycle with a 50 basis point margin. The dot plot shows that the Fed will cut interest rates by another 50 basis points this year and another 100 basis points next year. Board member Bowman voted for a 25 basis point rate cut. Powell said that the rate cut could be adjusted depending on the situation. Employment and inflation risks are balanced, and there are no signs in the economy that the possibility of recession is increasing, and no victory in the fight against inflation has been declared. It is currently bearish for the US dollar.
  • U.S. housing starts increased to the fastest pace since April. Government data released on Wednesday showed that new housing starts rose 9.6% to an annual rate of 1.36 million units last month, the fastest growth since April. Bullish for the U.S. economy and bullish for the dollar.
  • Following the pager explosion, walkie-talkies used by Hezbollah in Lebanon exploded in many places, killing 20 and injuring more than 450. Iran said it would investigate the attack on its ambassador to Lebanon. Terrorist attacks have expanded the threat of war, which is bullish for gold and crude oil.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.03% 1.11171 1.11165
    GBP/USD ▲0.39% 1.32121 1.32085
    AUD/USD ▲0.12% 0.67664 0.67657
    USD/JPY ▼-0.05% 142.274 142.117
    GBP/CAD ▲0.48% 1.79738 1.79637
    NZD/CAD ▲0.47% 0.84439 0.84424
    📝 Review:On Wednesday, the US dollar index showed a V-shaped trend due to the Federal Reserve's 50 basis point rate cut. It fell sharply during the session and once approached the 100 mark, and then recovered most of its losses, and finally closed down 0.07% at 100.94. The US Treasury yield fell first and then rose. The benchmark 10-year US Treasury yield hit a one-week high, closing at 3.705%; the two-year US Treasury yield closed at 3.628%.
    🕵️ Operation suggestion:

    USD/JPY 143.140  Buy  Target Price  144.423

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▼-0.40% 2559.38 2558.62
    Silver ▼-2.03% 30.057 30.083
    📝 Review:Spot gold once reached $2,600, setting a new record high. But then it plummeted by more than $50, and finally closed down 0.4% at $2,559.22 per ounce. Spot silver finally closed down 1.92% at $30.09 per ounce.
    🕵️ Operation suggestion:

    Gold 2558.03  Sell  Target Price  2546.19

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-1.17% 69.055 69.095
    Brent Crude Oil ▼-1.20% 72.319 72.352
    📝 Review:International oil prices fell. WTI crude oil tested the $70 mark several times during the session, but failed to hold steady there and fell sharply in the US session. It finally closed down 1.23% at $69.05 per barrel; Brent crude oil closed down 1.16% at $72.32 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 69.571  Sell  Target Price  67.639

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-0.29% 19395.41 19437.66
    Dow Jones ▼-0.25% 41545.6 41607.5
    S&P 500 ▼-0.18% 5627.45 5638.35
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▲0.03% 100.76 100.86
    📝 Review:Despite the Federal Reserve's 50 basis point rate cut, U.S. stocks still closed down on Wednesday, with the Dow Jones Industrial Average down 0.25%, the S&P 500 down 0.29%, and the Nasdaq down 0.31%. Intel (INTC.O) fell 3.26%, and Trump Media Technology Group (DJT.O) fell 3.22%. The Nasdaq China Golden Dragon Index closed down 0.86%, with NIO (NIO.N) down 7.03%, Xpeng Motors (XPEV.N) down 4.49%, and Dingdong Maicai (DDL.N) down 4.39%.
    🕵️ Operation suggestion:

    Nasdaq 100 19484.780  Sell  Target Price  19102.309

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    ▼-0.20% 60196.5 60186
    ▼-0.96% 2324.4 2330.1
    ▼-0.01% 0.10114 0.10175
    📝 Review:The US Federal Reserve announced a 50 basis point cut in its benchmark interest rate, a move that is usually intended to stimulate market activity and is good for risky asset investments. Bitcoin prices once climbed more than 2% after the news came out. However, Bitcoin subsequently gave up its previous gains and fluctuated around the $60,000 mark. At the same time, most other cryptocurrencies with smaller market capitalizations were not spared and showed a downward trend.
    🕵️ Operation suggestion:

     62320.6  Buy  Target Price  63914.8

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