Trader Affiliates
Market News

Hot spot tracking

  • The IMF predicts that global economic growth will fall to 3.1% within five years, lower than the pre-pandemic trend. The global economic growth rate is expected to be 3.2% this year and next, and the global downside risk has become more significant. Bearish for the global economy, bullish for gold.
  • The use of overnight reverse repo by the Federal Reserve fell to the lowest level since 2021. According to data from the New York Fed, about 60 participants deposited about $238 billion with the Federal Reserve through overnight reverse repo, the lowest level since May 2021. The amount was $261 billion in the previous trading day.
  • Goldman Sachs: The euro could fall by as much as 10% under a scenario of Trump tariffs and domestic tax cuts in the United States.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▼-0.16% 1.07982 1.07977
    GBP/USD ▼-0.01% 1.29845 1.29827
    AUD/USD ▲0.37% 0.66849 0.66869
    USD/JPY ▲0.24% 151.087 151.044
    GBP/CAD ▼-0.09% 1.79389 1.79317
    NZD/CAD ▲0.11% 0.8348 0.83504
    📝 Review:On Tuesday, the US dollar index surged above the 104 mark, hitting a two-and-a-half-month high, as the market expected the Fed to slow down the pace of interest rate cuts and investors adjusted their positions before the sticky US presidential election. Continuing its recent rise, it finally closed up 0.09% at 104.07. The benchmark 10-year US bond yield closed at 4.2140%; the two-year US bond yield closed at 4.0430%.
    🕵️ Operation suggestion:

    USD/JPY 151.281  Buy  Target Price  151.951

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲1.10% 2748.83 2748.38
    Silver ▲3.16% 34.833 34.83
    📝 Review:Spot gold rose more than 1% during the day, setting a new record high and approaching the 2,750 mark. The uncertainty of the US election and the war in the Middle East may have stimulated investors' risk aversion needs. It finally closed up 1.06% at $2,748.55 per ounce. Spot silver closed up 3.16% at $34.84 per ounce.
    🕵️ Operation suggestion:

    Gold 2745.24  Buy  Target Price  2759.02

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▲2.13% 71.203 71.229
    Brent Crude Oil ▲2.01% 75.198 75.246
    📝 Review:Traders downplayed hopes for a ceasefire in the Middle East and focused on the global supply and demand balance. Crude oil closed higher for the second consecutive day. WTI crude oil once stood at $72 during the U.S. trading session, but then gave up some of its gains and finally closed up 2.17% at $71.21 per barrel; Brent crude oil closed up 2.05% at $75.21 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 71.351  Buy  Target Price  72.325

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-0.07% 20371.48 20361.37
    Dow Jones ▼-0.25% 42851.5 42802.7
    S&P 500 ▼-0.16% 5848.95 5843.15
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▲0.10% 103.9 103.93
    📝 Review:The Dow Jones and S&P 500 in the US stock market fell slightly, while the Nasdaq rose 0.18%. Envision (NVDA.O) fell slightly, Trump Media & Technology Group (DJT.O) rose 9.8%, and Pinduoduo (PDD.O) rose nearly 3%. The Nasdaq China Golden Dragon Index closed up 0.94%, Alibaba (BABA.N) fell 0.5%, iQiyi (IQ.O) rose 7%, and Li Auto (LI.O) rose 3%.
    🕵️ Operation suggestion:

    Nasdaq 100 20369.120  Buy  Target Price  20498.102

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▼-0.38% 67506.4 67482.1
    Ethereum ▼-1.56% 2631.3 2631
    Dogecoin ▼-2.62% 0.14005 0.1397
    📝 Review:From the overall trend, the Bitcoin market is currently showing a clear downward trend. The price has now fallen below the key support level of $67,000. This is the first time in this round of upswing that it has fallen below the 144-day and 233-day moving averages on the 30-minute chart, indicating that the momentum of this decline is relatively strong. In addition, the price is still below the 233-day moving average on the 5-minute chart, indicating that short-term selling pressure still dominates. Therefore, it is appropriate to adopt a short-term trading strategy in the short term to carry out high-sell and low-buy operations, and the market is unlikely to fluctuate significantly.
    🕵️ Operation suggestion:

    BitCoin 67169.0  Sell  Target Price  66442.2

Bonus rebate to help investors grow in the trading world!

Or try Free Demo Trading