Hot spot tracking

  • Powell: It may be appropriate to cut interest rates at some point this year
  • U.S. ADP employment in February recorded largest increase since December 2023
  • Federal Reserve Beige Book: Demand is expected to be stronger and financial conditions will be further relaxed in the future

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.39% 1.08985 1.08977
    GBP/USD 0.21% 1.27314 1.27297
    AUD/USD 0.96% 0.6567 0.65641
    USD/JPY -0.41% 149.4 149.329
    GBP/CAD -0.34% 1.72026 1.72
    NZD/CAD 0.15% 0.82804 0.8281
    📝 Review:Data released on Wednesday (March 6) showed that U.S. ADP employment increased by 140,000 in February. There were 150,000 fewer than expected, but it rebounded from the previous value of 107,000, the largest increase since December 2023. Federal Reserve Chairman Jerome Powell reiterated that he expected interest rates to begin falling this year but was not yet ready to say when. Policymakers are still concerned about the risks posed by inflation and do not want to ease monetary policy too quickly. Spot gold fell by $5 in the short term, and the U.S. dollar index rose by 9 points in the short term.
    🕵️ Operation suggestion:

    USD/JPY 149.035  Sell  Target Price  148.392

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.94% 2148.01 2149.1
    Silver 2.17% 24.15 24.142
    📝 Review:In early U.S. trading on Tuesday (February 5), spot gold rose and fell. The intraday high hit $2,141.66 per ounce, only $3 away from the all-time high of $2,144.68 per ounce set in December last year. The current price has fallen back to US$2127.18 per ounce, an increase of 0.61%.
    🕵️ Operation suggestion:

    Gold 2148.38  Buy  Target Price  2154.52

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil 1.26% 78.607 78.607
    Brent Crude Oil 1.03% 82.622 82.622
    📝 Review:Oil prices fell nearly 1% on Tuesday as investors' risk appetite declined amid skepticism about the Asian giant's ability to meet its economic growth targets. This trading day, the market will focus on Federal Reserve Chairman Powell's testimony before the Senate. In addition, the EIA crude oil inventory series report and "small non-agricultural" U.S. ADP employment data are also the focus of market attention.
    🕵️ Operation suggestion:

    WTI Crude Oil 78.552  Buy  Target Price  80.030

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.42% 18008.15 18016.65
    Dow Jones 0.25% 38691.2 38678.5
    S&P 500 0.47% 5105.75 5107.25
    0.00% 17559.3 17559.3
    US Dollar Index -0.44% 102.99 102.9
    📝 Review:All three major U.S. stock indexes rose. The Dow closed up 0.2%, the S&P 500 rose 0.5%, and the Nasdaq rose 0.58%. Tesla (TSLA.O) closed down 2%, Apple (AAPL.O) fell 0.6%, and Nvidia (NVDA.O) rose 3%, continuing to reach new highs. New York Community Bank (NYCB.N) rose 77% intraday and ended up 8%. The Nasdaq China Golden Dragon Index closed up nearly 2%. JD.com (JD.O), which announced a large buyback, rose 16%, Bilibili (BILI.O) rose 6%, and Alibaba (BABA.N) rose more than 2%.
    🕵️ Operation suggestion:

    Nasdaq 100 17993.450  Buy  Target Price  18139.307

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin 4.98% 66555.2 65942.5
    Ethereum 9.81% 3845 3806.3
    Dogecoin 3.51% 0.1591 0.15651
    📝 Review:Looking at the overall trend, the Bitcoin market is dominated by the short side. The market was suppressed by the historical high of 69,000, which subsequently caused the market to fall in 4 hours. This unexpected drop caused serious losses for long positions, and the funding rate returned to normal slightly. However, the market recovered to 66,000 points again in the afternoon, and the bulls continued to hunt for the bottom without any weakness. The market has experienced a super rebound again. This kind of market is very difficult to do, whether it is long or short.
    🕵️ Operation suggestion:

    BitCoin 66196.3  Buy  Target Price  67635.6

Bonus rebate to help investors grow in the trading world!