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Market News The Fed Won't Stop Raising Rates Anytime Soon!
Markets News
The Fed Won't Stop Raising Rates Anytime Soon!
TOPONE Markets Analyst2022-12-15 19:30:00
Hot spot tracking
- Fed still on track to hike rates beyond 2023 start
- Goldman considers cutting investment bankers' bonuses by at least 40%
- Ukrainian President Volodymyr Zelensky holds Supreme Command meeting
Product Hot Comment
ForexAs of 17:00 (GMT+8), EUR/USD fell 0.394% to 1.06398; GBP/USD fell 0.449% to 1.23647; AUD/USD fell 0.890% to 0.68039; USD/JPY rose 0.493% to 136.131 .📝 Review:Ahead of the Fed meeting, weaker-than-expected inflation data had some investors pinning for a more dovish tone from Powell at Thursday's news conference. But Powell said it was too early to talk about a Fed rate cut and that the Fed's focus was on setting policy to bring inflation back to its 2 percent target over time.🕵️ Operation suggestion:long EUR/USD at 1.06365, a target price 1.06947.
GoldAs of 17:00 (GMT+8), spot gold fell 1.449% to $1780.95/oz, and spot silver fell 3.655% to $23.037/oz.📝 Review:International gold prices fell nearly 1%, moving further away from this week's record high of $1,824.39 an ounce since the end of June, as Federal Reserve Chairman Jerome Powell said overnight that further interest rate hikes will follow next year. While gold is constrained by central bank tightening in the short-term, the medium-term outlook looks more constructive, with central banks accumulating gold reserves at a rate more than half that has never been seen before.🕵️ Operation suggestion:long at 1777.40, the target price is 1787.66.
Crude OilAs of 17:00 (GMT+8), WTI fell 1.082% to $76.541/barrel; Brent fell 1.036% to $81.957/barrel.📝 Review:The dollar rebounded modestly after the Federal Reserve's hawkish interest rate decision, dragging down oil prices. However, the fundamentals of the crude oil market remain bullish. The short-term bullish signals on the technical side have also increased, and there is an opportunity for further fluctuations in oil prices in the market outlook.🕵️ Operation suggestion:go long at 76.585, and the target price is 79.736.
IndiceAs of 17:00 (GMT+8), Taiwan's weighted index rose 0.199% to 14635.7 points; the Nikkei 225 index fell 0.145% to 27932.5 points; Hong Kong's Hang Seng Index fell 1.755% to 19357.2 points; Australia's S&P/ASX200 index It fell 0.333% to 7184.45 points.📝 Review:Taiwan stocks fluctuated slightly today and fell 5.23 points, firmly defending the monthly barrier of 14,700 points. TSMC successfully completed the interest rate filling, and the tourism and military industries surged, becoming the focus of the market.🕵️ Operation suggestion:short The Taiwan weighted index is at 14638.2, and the target price is 14516.2.
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