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Market News

Hot spot tracking

  • The monthly rate of US retail sales in June was 0%, higher than the expected -0.3%. Retail sales recorded the largest increase in three months, which is bearish for the US economy, the US dollar and US stocks.
  • The Bank of Japan's current account showed that Japanese authorities may have spent $13.5 billion on yen intervention last Friday. This operation is bearish for the yen in the short term, but bullish for the yen in the long term.
  • The IMF maintained its forecast for global GDP growth in 2024 at 3.2%, and raised its forecast for global GDP growth in 2025 from 3.2% to 3.3%. The rise in global GDP expectations is bullish for global stock markets.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD ▲0.02% 1.08981 1.08983
    GBP/USD ▲0.07% 1.29727 1.29716
    AUD/USD ▼-0.39% 0.6736 0.67351
    USD/JPY ▲0.21% 158.405 158.327
    GBP/CAD ▲0.02% 1.77361 1.77328
    NZD/CAD ▼-0.49% 0.82697 0.82708
    📝 Review:On Tuesday, the dollar index rose to 104.51 as retail sales data came in higher than expected. But as the market weighed the possibility of a rate cut by the Federal Reserve, the dollar index subsequently gave up all of its gains for the day. It eventually closed down 0.01% at 104.24. The benchmark 10-year Treasury yield closed at 4.1630%, and the two-year Treasury yield closed at 4.4260%.
    🕵️ Operation suggestion:

    USD/JPY 158.481  Sell  Target Price  157.422

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold ▲1.91% 2468.7 2468.64
    Silver ▲1.85% 31.229 31.222
    📝 Review:As traders increased their bets on the Federal Reserve's rate cut and Trump's victory, spot gold opened higher and ended higher. It eventually closed up 1.93% at $2,468.40 per ounce, a record high. Spot silver eventually closed up 1.87% at $31.23 per ounce.
    🕵️ Operation suggestion:

    Gold 2466.50  Buy  Target Price  2479.37

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil ▼-1.50% 79.761 79.788
    Brent Crude Oil ▼-1.41% 83.094 83.128
    📝 Review:International oil prices fell as the market worried about slowing demand in Asia. WTI crude oil closed down 1.47% at $80.73 per barrel, while Brent crude oil finally closed down 1.20% at $83.81 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 79.604  Sell  Target Price  79.117

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 ▼-0.24% 20403.25 20398.24
    Dow Jones ▲1.65% 40974.9 41021.5
    S&P 500 ▲0.37% 5667.03 5669.27
    ▼0.00% 17559.3 17559.3
    US Dollar Index ▼-0.04% 103.76 103.76
    📝 Review:The Dow Jones Industrial Average closed up 1.85%, setting a new closing high, the S&P 500 rose 0.64%, and the Nasdaq rose 0.2%. Tesla (TSLA.O) closed up 1.5%, and Nvidia (NVDA.O) fell 1.6%. The Nasdaq China Golden Dragon Index closed up 0.74%, Xpeng Motors (XPEV.N) rose more than 6%, and NIO (NIO.N) rose 5.8%.
    🕵️ Operation suggestion:

    Nasdaq 100 20373.740  Buy  Target Price  20598.824

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin ▲1.78% 64608.7 64447
    Ethereum ▲0.55% 3435.4 3433.5
    Dogecoin ▲2.89% 0.12501 0.12395
    📝 Review:Affected by foreign news, the price of Bitcoin has risen sharply unilaterally. The price continues to rebound, approaching $65,000. From the short-term hourly chart, the bulls are strong. On the daily chart, the bulls have been strong for four consecutive trading days, forming a four-day winning streak. Therefore, it is recommended to keep a light position and operate mainly with a low-long strategy.
    🕵️ Operation suggestion:

    BitCoin 65198.0  Buy  Target Price  67274.2

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