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Market News

Hot spot tracking

  • NHK, Jiji Press, and Nikkei all broke the news late at night that the Bank of Japan is considering raising interest rates by 15 basis points to 0.25% at the meeting that ends on Wednesday, which exceeds market expectations. The market still prices the probability of the Bank of Japan raising interest rates by 10 basis points at only 55%. The yield on Japan's 10-year government bonds fell below 1% for the first time in nearly a month. The yen rate hike is bullish for the yen.
  • Nick Timiraos of the Federal Reserve pointed out that it is unlikely that the Federal Reserve will cut interest rates in July, suggesting that a rate cut in September is more likely. Goldman Sachs CEO Solomon also said that he does not think the Federal Reserve will make a decision to cut interest rates at this meeting. It is bullish for the US dollar in the short term and bearish for the US dollar in the medium term.
  • The euro zone's second-quarter GDP annual rate was 0.6%, slightly exceeding market expectations and the highest since the second quarter of 2023. Bullish for the euro.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▼-0.09% 1.08137 1.08135
    GBP/USD ▼-0.21% 1.28351 1.28337
    AUD/USD ▼-0.19% 0.65398 0.65415
    USD/JPY ▼-0.82% 152.753 152.674
    GBP/CAD ▼-0.19% 1.77768 1.77688
    NZD/CAD ▲0.43% 0.8174 0.81738
    📝 Review:On Tuesday, the US dollar index hit a nearly half-month high of 104.79 before the US market, but then gave up all the gains and turned down. It finally closed down 0.09% at 104.47. The US Treasury yields fell, with the benchmark 10-year US Treasury yield closing at 4.1390% and the two-year US Treasury yield closing at 4.369%.
    🕵️ Operation suggestion:

    USD/JPY 152.454  Sell  Target Price  151.929

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲1.17% 2410.88 2410.81
    Silver ▲1.85% 28.362 28.392
    📝 Review:Spot gold rose more than 1% during the day and returned to above the $2,410 mark, and finally closed up 1.14% at $2,410.97 per ounce. The reason is that investors are optimistic that the Federal Reserve may reveal clues about the September rate cut at the end of this week's policy meeting. Spot silver finally closed up 1.86% at $28.37 per ounce.
    🕵️ Operation suggestion:

    Gold 2408.43  Buy  Target Price  2427.63

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-0.87% 74.838 74.855
    Brent Crude Oil ▼-0.80% 78.433 78.445
    📝 Review:Crude oil prices continued to fall due to concerns about weakening demand for crude oil and the possibility that Israel's attack on Lebanon was accidental. WTI crude oil fell below $75 and finally closed down 0.89% at $74.84 per barrel; Brent crude oil finally closed down 0.81% at 78.44 yuan per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 74.769  Sell  Target Price  74.288

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-2.27% 18646.28 18811.85
    Dow Jones ▲0.04% 40606.1 40604
    S&P 500 ▼-1.15% 5407.67 5431.19
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.04% 104.27 104.19
    📝 Review:The Dow Jones Industrial Average closed up 0.5%, the S&P 500 fell 0.5%, and the Nasdaq fell 1.28%. Tesla (TSLA.O) fell 4%, Nvidia (NVDA.O) fell 7%, and AMD (AMD.O) rose more than 9% after the market closed, after it raised its data center GPU revenue guidance. The Nasdaq China Golden Dragon Index closed down 1.5%, Xpeng Motors (XPEV.N) fell more than 3%, and Alibaba (BABA.N) fell 0.7%.
    🕵️ Operation suggestion:

    Nasdaq 100 18896.480  Sell  Target Price  18605.233

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▼-1.93% 66137.8 66247.3
    Ethereum ▼-1.94% 3278.5 3278.2
    Dogecoin ▼-2.89% 0.1253 0.12552
    📝 Review:From the long-term market trend, Bitcoin is currently priced below 66,700 points and is in a seller's market. Although the price has been pulled back quickly in the last 4 hours, the extent of the decline does not seem to have reached expectations. The next two 4-hour candlestick charts tonight are very critical. If they show a strong bottom reversal signal, the price of Bitcoin may quickly climb above the 70,000 mark.
    🕵️ Operation suggestion:

    BitCoin 66088.8  Sell  Target Price  65178.7

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