Hot spot tracking

  • Fed Vice Chairman Brainard says rates will remain restrictive, but data monitoring risks remain
  • Quarten tries to reassure investors, but gilt sell-off accelerates again
  • Ukraine vows to strengthen armed forces after Russian retaliatory airstrike

Product Hot Comment

  • Gold
    As of 17:00 (GMT+8), spot gold fell 0.189% to $1665.30/oz, and spot silver fell 1.072% to $19.377/oz.
    📝 Review:The international gold price slowed down after refreshing a six-day low of $1,661.20 an ounce, and investors were cautious ahead of the release of U.S. inflation data. But unless there are clear signs that the Fed is willing to walk away from raising interest rates and inflation moderates, gold prices cannot turn around. World Bank President Malpass and the International Monetary Fund say high inflation will persist.
    🕵️ Operation suggestion:go short at 1664.68, the target price is 1653.24.
  • Forex
    As of 17:00 (GMT+8), the US dollar index rose 0.097% to 113.18, EUR/USD rose 0.106% to 0.97038; GBP/USD fell 0.269% to 1.10280; AUD/USD fell 0.497% to 0.62676 ; USD/JPY fell 0.062% to 145.602.
    📝 Review:Investor confidence in the euro zone fell for a third straight month in October to its lowest level since May 2020, pointing to a deep recession in the 19-member bloc. Therefore, we believe that the downside risk of the euro against the dollar is still very large, at least until there is no sign that the Fed has stopped raising interest rates, the downside risk of the euro will be difficult to alleviate.
    🕵️ Operation suggestion:go short EUR/USD at 0.96994, the target price is 0.96350.
  • Crude Oil
    As of 17:00 (GMT+8), WTI fell 1.373% to $88.575/barrel; Brent fell 1.334% to $93.742/barrel.
    📝 Review:Judging from the current situation, the international crude oil market price is mainly affected by the joint influence of the demand side and the supply side. The mutual game between the two factors is expected to bring greater volatility to the international crude oil market. From the demand side, high oil prices have exacerbated inflationary pressures, prompting central banks in developed economies such as the United States to accelerate the pace of monetary policy tightening, increasing the risk of a global recession.
    🕵️ Operation suggestion:go long at 88.357, the target price is 90.983.
  • Indice
    As of 17:00 (GMT+8), the Taiwan Weighted Index fell 2.473% to 13071.3 points; the Nikkei 225 Index fell 1.136% to 26362.5 points; Hong Kong's Hang Seng Index fell 1.904% to 16785.2 points; Australia's S&P/ASX200 Index It fell 0.892% to 6620.55 points.
    📝 Review:In today's Asia-Pacific stock market intraday, chip stocks also fell collectively, and TSMC's share price fell more than 8%, the largest decline in history. Tokyo Electronics fell more than 5%, SK Hynix fell more than 3%, and Samsung Electronics fell nearly 3%. It is worth mentioning that Samsung fell nearly 4% during the session, the largest decline in nearly a year.
    🕵️ Operation suggestion:short the Taiwan Weighted Index at 13067.8, the target price is 12920.0.

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