[Market Evening] The Decline in International Oil Prices is Limited, the Effect of G7's "Latest Exploration" May Be Counterproductive, and Bitcoin Breaks Through 20,000 Again

As of 17:00 (GMT+8), spot gold fell 0.132% to $1817.10/oz, and spot silver fell 0.178% to $20.806/oz.

Comment: The international gold price hit a new low of $1,815.84 per ounce in the past two weeks, but it is still difficult to get rid of the range-bound pattern. The decline in US bond yields limits the downside of non-yielding asset gold, and the escalation of economic recession risks also promotes safe-haven demand for gold . Gold still faces a tug of war while waiting for a catalyst to break the deadlock. Gold traders should pay close attention to the discussions on monetary policy at the ECB Forum by the presidents of the US, UK and European Central Bank, which appear to be looking for fresh momentum.

Suggestion: short spot gold at 1817.00, and the target point is 1804.70.

As of 17:00 (GMT+8), the US dollar index rose 0.038% to 104.29, EUR/USD fell 0.056% to 1.05149; GBP/USD fell 0.048% to 1.21790; AUD/USD fell 0.436% to 0.68783; USD /JPY was up 0.013% at 136.143.

Comment: The euro is lower after Lagarde, the European Central Bank's governor, did not offer fresh insights on the central bank's policy outlook. After a slight rebound yesterday, the euro was under pressure and went down. It fell back to the second support at the close and repeated slightly. The daily line closed at the upper and lower shadow lines. From the closing point of view, the upper resistance still exists, and the bears continue to dominate. Combined with the 4-hour chart, Look, the upper and lower tracks of Bollinger have narrowed slightly

Suggestion: short the euro/dollar at 1.05170, the target point is 1.04690.

As of 17:00 (GMT+8), WTI fell 0.224% to $110.420/barrel; Brent fell 0.207% to $113.375/barrel.

Comment: International oil prices fell, and the rising momentum in the first three trading days slowed down, as market concerns over the global economy put pressure on oil prices. But tight supplies capped losses, and the G7's exploration of a cap on Russian oil prices could backfire. From the balance of supply and demand, crude oil inventories will decline in July and August.

Suggestions: long US crude oil at 110.460, and the target point is 112.930.

1. The total transaction volume of the NFT market reaches 60 billion US dollars;

2. Solana publishes the network upgrade status page, announcing the development progress of three network mitigation measures;

3. SBF: FTX has always been profitable in the past 10 quarters and is not worried about Tether;

4. Dubai plans to establish a digital economy working group: Metaverse is one of the priorities;

5. Riksbank officials: Governments may restrict foreigners from entering their CBDCs;

6. SBF: Some tertiary trading platforms are already insolvent;

7. Grayscale Bitcoin Trust has a negative premium of 28.99%;

8. Ethereum core developers: Gray Glacier hard fork is expected to be activated at 18:00 on June 30.

The Taiwan Weighted Index fell 0.580% to 15176.4 points;

The Nikkei 225 fell 0.338% to 26711.0 points;

Hong Kong's Hang Seng Index fell 0.699% to 21954.0 points;

Australia's S&P/ASX 200 was up 0.150% at 6706.65.

20:30(GM+8):

The final value of the annualized quarterly rate of the core PCE price index in the first quarter of the United States (%)

U.S. first-quarter GDP implicit deflator quarter rate - quarterly adjusted final value (%)

The final value of the annualized quarterly rate of real GDP in the first quarter of the United States (%)

Final annualized quarterly rate of U.S. consumer spending in the first quarter (%)

The final value of the quarterly rate of the US GDP price index in the first quarter (%)

Changes in U.S. EIA crude oil inventories for the week ended June 24 (10,000 barrels)

Changes in U.S. EIA crude oil inventories for the week ended June 17 (10,000 barrels)

Changes in U.S. EIA refined oil inventories for the week ended June 17 (10,000 barrels)

Changes in U.S. EIA refined oil inventories for the week ended June 24 (10,000 barrels)

Changes in U.S. EIA gasoline inventories for the week ended June 24 (10,000 barrels)

Changes in U.S. EIA gasoline inventories for the week ended June 17 (10,000 barrels)

22:30(GM+8):

U.S. EIA weekly crude oil imports for the week ended June 24 (10,000 barrels)

U.S. weekly EIA crude oil imports for the week ended June 17 (10,000 barrels)