Hot spot tracking
- Federal Reserve Chairman Powell: There is no need to rush to cut interest rates, and the possibility of economic recession is not high at present
- Russian Deputy Prime Minister: Russia has decided to further reduce oil production in the second quarter
- US media: The United States may ban Venezuela from settling oil transactions in U.S. dollars
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.02% 1.06535 1.06518 GBP/USD ▼-0.17% 1.23494 1.23505 AUD/USD ▲0.49% 0.64515 0.6452 USD/JPY ▲0.22% 154.829 154.814 GBP/CAD ▼-0.44% 1.69175 1.69161 NZD/CAD ▲0.12% 0.81076 0.8105 📝 Review:The market expects that the probability that the Federal Reserve will keep interest rates unchanged at the May 1 meeting is as high as 95.8%, while the possibility of cutting interest rates is only 4.2%. Such expectations could have a negative impact on the U.S. dollar. Although the data shows that inflation is slowing, the Fed is in no rush to cut interest rates and is waiting for more evidence to support it.🕵️ Operation suggestion:USD/JPY 151.396 Sell Target Price 151.928
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-2.56% 2327.14 2327.51 Silver ▼-5.31% 27.172 27.166 📝 Review:In early Asian trading, spot gold opened more than $10 higher, hitting a record high of $2,245.18 per ounce. The reason is that the February PCE data released last Friday (March 29) showed that the price growth in the United States was moderate and the cost of services other than housing and energy slowed significantly. This makes it still possible for the Federal Reserve to cut interest rates in June. The gold market was closed on Friday for the Good Friday holiday and was digesting the impact of the data on Monday.🕵️ Operation suggestion:Gold 2244.77 Buy Target Price 2250.74
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.24% 82.01 82.003 Brent Crude Oil ▲0.14% 86.358 86.345 📝 Review:The crude oil market will be closed on Friday (March 29) for Good Friday. Oil prices jumped more than $1 per barrel on Thursday, rising more than 6% in March and recording three consecutive positive months. Crude oil supply is tight due to the prospect of continued production cuts by OPEC+, continued attacks on Russian energy infrastructure, and a decline in the number of U.S. drilling rigs.🕵️ Operation suggestion:WTI Crude Oil 82.795 Buy Target Price 83.459
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.54% 17185.8 17197.98 Dow Jones ▲0.43% 38221 38261.8 S&P 500 ▲0.56% 5007.67 5012.52 ▼0.00% 17559.3 17559.3 US Dollar Index ▼-0.01% 105.75 105.78 📝 Review:After excluding the performance of the "Big Seven" from the S&P 500, the overall 23Q1-Q4 net profit growth rates of the remaining constituent stocks were -1.0%/-8.7%/-3.6%/-3.6% respectively. Although the shrinkage trend of net profit in 23H2 has slowed down compared with 23H1, there has not yet been an obvious upward trend. The overall performance of U.S. stocks after excluding the seven technology giants is still under pressure. Judging from the overall net profit performance of the "Big Seven", after AI ushered in the "singularity" moment, technology companies controlled costs and reduced fees, resulting in strong profit growth. Especially in the second half of 2023, the performance growth was impressive, which effectively drove the overall profit growth rate of the S&P 500 to turn positive in 23H2, playing a key role in the upward earnings growth of U.S. stocks.🕵️ Operation suggestion:Nasdaq 100 18401.370 Buy Target Price 18462.880
Crypto
Product Yesterday's Change Yesterday's Close Today's Open ▲2.88% 66460.2 66467.3 ▲1.34% 3182 3189.4 ▲1.79% 0.16054 0.16034 📝 Review:Looking at the overall trend, the bears are slightly dominant in the Bitcoin market. There is no strong top parting pattern at the moment, and we will focus on whether 71888 is the daily high point in the future. The long-short game will be more intense in these two days, but one thing is certain. Once a 4h large real line appears in the later period, it will almost hint which way the market will go.🕵️ Operation suggestion:71316.3 Buy Target Price 73766.5
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