Hot spot tracking

  • Fed announces interest rate decision, Powell reiterates hawkish stance
  • SEC plans to overhaul stock trading rules
  • EIA crude oil inventories increased by 10.231 million barrels

Product Hot Comment

  • Forex
    As of 08:00 (GMT+8), EUR/USD fell 0.040% to 1.06776; GBP/USD rose 0.018% to 1.24227; AUD/USD rose 0.004% to 0.68653; USD/JPY fell 0.128% to 135.290 .
    📝 Review:The U.S. dollar fell against the yen and the euro on Wednesday, having briefly rallied after the U.S. Federal Reserve raised interest rates by 50 basis points, as expected, and signaled the need for more hikes.
    🕵️ Operation suggestion:go long EUR/USD position is at 1.06775, and the target price is 1.07195
  • Gold
    As of 08:00 (GMT+8), spot gold rose 0.060% to $1808.21/oz, while spot silver fell 0.017% to $23.907/oz.
    📝 Review:Gold slipped on Wednesday as the Federal Reserve said interest rates would remain elevated into the new year and said it was too soon to consider a rate cut.
    🕵️ Operation suggestion:go long at 1808.45, the target price is 1824.09
  • Crude Oil
    As of 08:00 (GMT+8), WTI fell 0.005% to $77.374/barrel; Brent rose 2.901% to $82.815/barrel.
    📝 Review:Oil prices rose more than $2 on Wednesday after the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) forecast a rebound in demand next year and further reduced expectations for U.S. interest rate hikes as inflation slows.
    🕵️ Operation suggestion:go short at 77.360, the target price is 75.228
  • Indice
    As of 08:00 (GMT+8), the Nasdaq index rose 0.045% to 11766.900 points; the Dow Jones index rose 0.100% to 34049.5 points; the S&P 500 index rose 0.070% to 4005.500 points.
    📝 Review:U.S. stocks ended lower in volatile trading on Wednesday after the Federal Reserve raised interest rates by 50 basis points, as expected, but its economic forecasts pointed to higher terminal rates and longer periods of high rates.
    🕵️ Operation suggestion:long the Nasdaq index at 11769.000, and the target pricet is 12063.500

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