Hot spot tracking

  • U.S. nonfarm payrolls increased by 261,000 in October, beating market expectations
  • Two Fed officials mention likely to slow rate hikes
  • US media: US privately asks Ukraine to be open to Russia-Ukraine talks

Product Hot Comment

  • Forex
    Last Friday (November 4), the U.S. non-farm payrolls report for October failed to strengthen expectations for a hawkish rate hike by the Federal Reserve. The U.S. dollar index fell below 111 and closed down 1.947% at 110.81, the biggest one-day drop since March 2020. . The euro against the US dollar broke through 0.99 and rose by more than 2% in the day; the Australian dollar against the US dollar soared by nearly 3% in the day; the US dollar fell below 147 against the yen;
    📝 Review:The dollar fell on Friday, its biggest one-day percentage drop since November 2015. The dollar initially rose after the U.S. nonfarm payrolls report for October showed that the world's largest economy added more jobs than expected in October, but also flashed signs of an economic slowdown, with rising unemployment and falling wage inflation. , but then turned down.
    🕵️ Operation suggestion:go short GBP/USD at 1.13267, target price 1.11470
  • Gold
    Boosted by the fall in the dollar, spot gold soared by about $50 and closed up 3.14% at $1,680.27 per ounce; spot silver closed up 7.07% at $20.84 per ounce.
    📝 Review:Gold rose 3% on Friday as the dollar fell after data showed U.S. unemployment rose in October, fueling expectations that the Federal Reserve will soften its stance on aggressive interest rate hikes ahead. U.S. payrolls rose more than expected in October, but the unemployment rate rose to 3.7%, signaling a loosening of labor market conditions.
    🕵️ Operation suggestion:go long at 1674.30, the target price is 1700.44
  • Crude Oil
    Oil prices rose on Friday as investors expected crude supplies to tighten in the winter, while global demand remained relatively firm. WTI crude oil closed up 5.21% to a four-week high at $92.44 a barrel; Brent crude oil closed up 4.31% at $98.57 a barrel. Continental European benchmark Dutch natural gas futures fell more than 10% during the session, ICE British natural gas futures closed down 9.12%, and NYMEX December natural gas futures closed up 7.11%.
    📝 Review:Oil prices closed up more than 5 percent on Friday, buoyed by the imminent effect of an EU ban on Russian oil amid uncertainty over the Federal Reserve's future rate hike. Fears of a global recession capped gains.
    🕵️ Operation suggestion:go long at 90.020, the target price is 93.041
  • Indice
    U.S. stocks rose at the beginning of the session, turned down during the session, and rebounded in the late session. The Dow closed up 1.26%, the Nasdaq closed up 1.28%, the S&P 500 closed up 1.36%, and the Nasdaq Golden Dragon closed up nearly 9%. The S&P 500 fell 3.3% last week, its worst week in the past six weeks.
    📝 Review:U.S. stocks ended higher in choppy trading on Friday, snapping a four-day losing streak, as investors assessed a mixed jobs report and comments from Fed officials on the pace of interest rate hikes.
    🕵️ Operation suggestion:short the Nasdaq index at 10760.800, the target price is 10440.100
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