Hot spot tracking

  • The US PPI rose 2.6% year-on-year in June, higher than expected. Analysts said that they did not change their expectations for a rate cut in September. The total return of US Treasury bonds has turned positive for the first time since February since the beginning of the year. The news is bearish for the US dollar.
  • Bank of Japan accounts show that Japan intervened in the foreign exchange market overnight, with an intervention amount of about 3.5 trillion yen. Japanese media said that the bank checked the exchange rate of yen against the euro. This is bearish for the yen cause Japanese intervention will lead to other countries rejecting the yen for suspected exchange rate manipulation.
  • Trump attack: Trump's right ear was pierced by a bullet and the gunman was shot dead. The incident was characterized as an assassination attempt, which will help Trump win the election. From the perspective of national approval rating, this will help the US economy and benefit the US dollar in the short term.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.36% 1.09059 1.08906
    GBP/USD 0.57% 1.29855 1.29785
    AUD/USD 0.39% 0.67878 0.67746
    USD/JPY -0.70% 157.83 158.156
    GBP/CAD 0.58% 1.77021 1.76922
    NZD/CAD 0.35% 0.83378 0.83324
    📝 Review:Last Friday, the market's expectations for a Fed rate cut rose as the U.S. June CPI report was lower than expected. The U.S. dollar index opened higher and then fell, falling as low as 104.03 during the day. It eventually closed down 0.40% at 104.08, falling for the second consecutive week. The benchmark 10-year U.S. Treasury yield rose and fell, eventually closing at 4.1870%; the two-year U.S. Treasury yield closed at 4.4640%, a four-month low.
    🕵️ Operation suggestion:

    USD/JPY 158.302  Sell  Target Price  157.497

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold -0.11% 2412.76 2413.43
    Silver -2.09% 30.769 30.804
    📝 Review:Spot gold remained above the $2,410 mark and eventually closed down 0.19% at $2,410.78 per ounce. Spot silver eventually closed down 2.12% at $30.78 per ounce.
    🕵️ Operation suggestion:

    Gold 2407.17  Buy  Target Price  2424.73

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.66% 81.177 81.14
    Brent Crude Oil -0.55% 84.509 84.485
    📝 Review:WTI crude oil once rose to $84.52 per barrel, a new high since April. The reason is strong fuel demand in the summer and the EIA report showing that US inventories continued to decline. But after Biden said that Israel and Hamas agreed to a ceasefire framework, WTI crude oil turned to decline. It finally closed down 0.90% at $83.14 per barrel. Brent crude oil finally closed down 0.68% at $84.95 per barrel. The two crude oils of the United States and Brent ended their four-week rise.
    🕵️ Operation suggestion:

    WTI Crude Oil 80.989  Buy  Target Price  82.417

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.51% 20325.2 20362.63
    Dow Jones 0.54% 40018.3 40086
    S&P 500 0.55% 5616.6 5624.21
    0.00% 17559.3 17559.3
    US Dollar Index -0.26% 103.65 103.86
    📝 Review:The Dow Jones Industrial Average closed up 0.62%, the S&P 500 rose 0.55%, and the Nasdaq rose 0.63%. Star technology stocks rebounded, Intel (INTC.O) and Tesla (TSLA.O) rose nearly 3%, and Nvidia (NVDA.O) rose 1.44%. The Russell 2000 small-cap index continued its upward trend, closing up 1.09%. The Nasdaq China Golden Dragon Index closed up 0.59%, and NIO (NIO.N) rose 3.95%. The U.S. stock earnings season kicked off, and banks performed differently. Wells Fargo (WFC.N) closed down 5.98%, and Bank of New York Mellon (BK.N) rose 5.23%.
    🕵️ Operation suggestion:

    Nasdaq 100 20362.750  Sell  Target Price  20133.982

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin 1.02% 60041.2 61312.5
    Ethereum 0.24% 3197 3253.4
    Dogecoin -0.03% 0.1125 0.1146
    📝 Review:From a technical analysis perspective, Bitcoin has formed a candlestick pattern, which is characterized by a small upper body, a long lower shadow, and a small upper shadow on the daily candlestick chart. A similar pattern was seen in May. This pattern usually means that the current downward trend may reverse or slow down, suggesting that Bitcoin may soon rebound as market sentiment turns back to bullish.
    🕵️ Operation suggestion:

    BitCoin 60841.5  Buy  Target Price  63238.4

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