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Hot spot tracking

  • Powell's “Loudest interest rate cut” at his annual meeting in Hall, John Hughlings Jackson, was that the time had come for a change in policy and increased confidence in a return to 2 per cent inflation. Does not seek or welcome further cooling of the labour market. The chances of the Fed cutting rates by 50bp in September have risen since Powell's speech, with the rate cut of nearly 100bp remaining stable towards the end of the year. Fed mouthpiece says Powell's turnaround is complete. Interest rate cuts are expected to lock in, dollar index bearish about to begin.
  • The Houthis say they are ready to strike Israeli targets. A war would send gold soaring and oil soaring.
  • Bank of Japan Governor Kazuo Tateda says he is ready to raise interest rates if growth and inflation get back on track. Japanese Finance Minister Shunichi Suzuki: a return to deflation can not be ruled out. Japanese interest rate hike is expected to be positive for the yen.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.72% 1.11909 1.11909
    GBP/USD ▲0.91% 1.32097 1.32105
    AUD/USD ▲1.37% 0.67982 0.67956
    USD/JPY ▼-1.39% 144.231 144.049
    GBP/CAD ▲0.16% 1.78473 1.78359
    NZD/CAD ▲0.76% 0.84192 0.84095
    📝 Review:On Friday, the dollar index plunged to close down 0.83 per cent at 100.68 after Powell gave its most dovish signal yet. The benchmark 10-year yield closed at 3.8040 per cent; the more monetary-sensitive two-year ended at 3.1970 per cent.
    🕵️ Operation suggestion:

    USD/JPY 143.512  Sell  Target Price  141.722

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲1.05% 2510.78 2512.09
    Silver ▲2.91% 29.81 29.851
    📝 Review:Spot gold rose as much as $20 to close 1.22 per cent higher at $2,512.01 on hopes of a weaker dollar and imminent fed rate cuts. Spot Silver ended the day up 2.93 per cent at $29.82.
    🕵️ Operation suggestion:

    Gold 2513.86  Buy  Target Price  2531.64

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▲2.50% 74.607 74.865
    Brent Crude Oil ▲2.14% 78.21 78.7
    📝 Review:International oil prices continued to rise as the Federal Reserve sent a strong signal that a rate cut was imminent. WTI crude, which had maintained a broad upward trend throughout the day, ended up 2.73 per cent at $74.91 a barrel and Brent Crude 2.56 per cent higher at $79.05 a barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 75.037  Buy  Target Price  76.764

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▲0.88% 19710.7 19716.35
    Dow Jones ▲0.96% 41167.5 41192.5
    S&P 500 ▲0.94% 5632.55 5635.65
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.79% 100.45 100.46
    📝 Review:The Dow Jones Industrial Average Rose 1.14 percent, the S & P 500 gained 1.15 percent and the NASDAQ rose 1.47 percent. BILI.O gained 15.28 percent as the company beat market estimates for second-quarter net income. Apple (AAPL.O) was up 1.03 per cent, Tesla (TSLA.O) was up 4.59 per cent and Nvidia (NVDA.O) was up 4.55 per cent. Popular Chinese stocks were mixed, with Alibaba's BABA.N up 2.98 per cent and PDD.O down 4.97 per cent.
    🕵️ Operation suggestion:

    Nasdaq 100 19730.850  Sell  Target Price  19301.936

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▲0.54% 64207.5 64414.1
    Ethereum ▲0.64% 2768.7 2779.2
    Dogecoin ▼-1.92% 0.10957 0.11048
    📝 Review:From the current market trend analysis, bitcoin's bull force slightly ahead. As of the latest trading session, Bitcoin was trading just under $61,000, but has managed to stay above the key 233-day moving average. The market is expected to be volatile between tonight and the end of the week, in contrast to the usual small moves caused by low volume. Right now, investors should keep a close eye on two key resistance levels: $61,800 and $65,500. Meanwhile, near $60,000 is considered an important support level.
    🕵️ Operation suggestion:

    BitCoin 64084.2  Buy  Target Price  66505.6

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