Federal Reserve officials issued a hawkish warning, and gold fell below the $1,960/ounce mark!

Hot spot tracking

U.S. retail sales data for October stronger than expected, PPI weaker than expected

Fed officials warn against premature end to rate hike cycle

U.S. EIA crude oil inventories rose more than expected last week

Product Hot Comment

Forex

Product	Yesterday's Change	Yesterday's Close	Today's Open
EUR/USD	▼-0.27%	1.08467	1.08497
GBP/USD	▼-0.60%	1.24157	1.24187
AUD/USD	▲0.13%	0.65116	0.65121
USD/JPY	▲0.61%	151.388	151.272
GBP/CAD	▼-0.66%	1.69871	1.6982
NZD/CAD	▲0.29%	0.82389	0.82361

📝 Review:The AUD/USD pair moved vertically during the US session following encouraging US Consumer Price Index (CPI) data. It jumped to a high of 0.6500, its highest level in more than a week.

🕵️ Operation suggestion:

USD/JPY 151.247 Buy Target Price 151.860

Gold

Product Yesterday's Change Yesterday's Close Today's Open

Gold ▼-0.19% 1959.21 1960.11
Silver ▲1.53% 23.421 23.421

📝 Review:Gold prices fell on Wednesday as the dollar rose, while losses were limited by expectations that the Federal Reserve may end its rate hikes. As of press time, spot gold fell 0.03% to $1,962.22 per ounce.

🕵️ Operation suggestion:

Gold 1960.42 Buy Target Price 1973.41
Crude Oil

Product Yesterday's Change Yesterday's Close Today's Open

WTI Crude Oil ▼-1.80% 76.641 76.66

📝 Review:Crude oil prices have come under pressure due to a larger-than-expected build in U.S. crude inventories, record output from the world's largest oil producer and growing concerns about demand in Asia. Oil prices fell more than 2% on Wednesday (November 15).

🕵️ Operation suggestion:

WTI Crude Oil 76.512 Sell Target Price 75.265
Indice

Product Yesterday's Change Yesterday's Close Today's Open

Nasdaq 100 ▼-0.41% 15771.75 15788.85
Dow Jones ▲0.26% 34961.9 34948.5
S&P 500 ▼-0.12% 4496.65 4499.45

📝 Review:The three major U.S. stock indexes closed up in shock, with the Dow Jones Industrial Average closing up 0.47%, the S&P 500 Index closing up 0.16%, and the Nasdaq Composite Index closing up 0.07%. Nvidia (NVDA.O), Amazon (AMZN.O) and Meta Platforms (META.O) all fell more than 1%, while Tesla (TSLA.O) rose more than 2%. The Nasdaq China Golden Dragon Index closed up 2.8%, Alibaba (BABA.N) rose 3.8%, JD.com (JD.O) and Xpeng Motors (XPEV.N) closed up 7% and 2.2% respectively after the results.

🕵️ Operation suggestion:

Nasdaq 100 15800.250 Buy Target Price 15982.050
Crypto

Product Yesterday's Change Yesterday's Close Today's Open

BitCoin ▲5.73% 37628.1 37716.4
Ethereum ▲3.09% 2042.4 2047.4
Dogecoin ▲3.68% 0.0747 0.07565

📝 Review:Bitcoin (BTC) is expected to end the week up around 6%, indicating continued demand from bulls. MicroStrategy co-founder Michael Saylor said in a speech at the 2023 Australian Cryptocurrency Conference on November 10 that the monthly demand for Bitcoin may surge by 2 to 10 times by the end of 2024.

🕵️ Operation suggestion:

BitCoin 37790.2 Buy Target Price 38536.3