Hot spot tracking

  • IEA: Global oil demand set to hit record high this year
  • U.S. retail sales fell 1.1% month-on-month in December, the biggest drop in a year
  • U.S. PPI falls the most since the outbreak in December

Product Hot Comment

  • Forex
    EUR/USD rose 0.022% yesterday to 1.07961; GBP/USD rose 0.019% yesterday to 1.23465; AUD/USD rose 0.052% yesterday to 0.69493; USD/JPY fell 0.327% yesterday to 128.435; GBP/CAD fell 0.005% yesterday to 1.66546; NZD/CAD rose 0.173% yesterday to 0.86944.
    📝 Review:The dollar rose on Wednesday, while U.S. 10-year Treasury yields fell to four-month lows on Wednesday after data showed U.S. retail sales fell more than expected in December and the Bank of Japan maintained a cap on bond yields, reducing investor interest in U.S. Treasuries. Concerns about switching to Japanese bonds.
    🕵️ Operation suggestion:go short USD/JPY 128.515, target price 127.466.
  • Gold
    Spot gold rose 0.190% yesterday to $1907.49/oz; Spot silver rose 0.213% yesterday to $23.490/oz.
    📝 Review:Gold prices fell on Wednesday, reversing earlier gains made on weak U.S. economic data, but holding above the $1,900 level as key policymakers from the Federal Reserve signaled their intention to keep raising interest rates to fight inflation.
    🕵️ Operation suggestion:go long at 1907.36, target price is 1925.63.
  • Crude Oil
    WTI crude oil rose 0.060% yesterday to $79.436/barrel; Brent crude oil fell 2.325% yesterday to $84.718/barrel.
    📝 Review:Oil prices fell about 1% on Wednesday, reversing earlier gains, as fears of a possible U.S. recession outweighed optimism that the lifting of coronavirus restrictions would boost demand for its crude. Crude oil, the two benchmarks, hit its highest intraday level since Dec. 5. U.S. crude oil closed lower for the first time in nine sessions.
    🕵️ Operation suggestion:go short at 79.385,target price is 78.101.
  • Indice
    The Nasdaq index fell 0.034% yesterday to 11398.000; The Dow Jones Index fell 0.088% yesterday to 33239.2; The S&P 500 index fell 0.064% yesterday to 3924.300.
    📝 Review:U.S. stocks opened higher as U.S. data raised expectations for a dovish turn from the Federal Reserve, but U.S. stocks turned lower after Fed officials delivered hawkish speeches. The three major stock indexes closed down collectively. The Dow closed down 1.81%, the Nasdaq closed down 1.24%, and the S&P 500 closed down 1.55%. Faraday Future closed up about 25 percent.
    🕵️ Operation suggestion:go short Nasdaq index 11400.300, target price 11360.700.

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