Hot spot tracking
- The US ISM Manufacturing PMI fell from 48.5 to 46.8 in July, lower than the expected expansion to 48.8, and the contraction was the largest in eight months. The sharp drop in the manufacturing PMI indicates that the future prospects of the US manufacturing industry are worrying, which is bad for the US economy, bearish for the US dollar and US stocks.
- The Bank of England voted 5-4 to cut interest rates by 25 basis points. The market increased bets on the bank to cut interest rates, and it is expected to cut interest rates twice more this year. The UK's interest rate cut is bearish for the pound.
- OPEC+ maintains its plan to gradually restore oil production next quarter. Crude oil production remains unchanged, which is slightly bullish for crude oil.
Product Hot Comment
- Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.33% 1.07908 1.07913 GBP/USD ▼-0.92% 1.27384 1.27376 AUD/USD ▼-0.64% 0.65042 0.65016 USD/JPY ▼-0.36% 149.336 149.316 GBP/CAD ▼-0.42% 1.76702 1.76663 NZD/CAD ▲0.47% 0.82518 0.82461 📝 Review:On Thursday, the US dollar index maintained a range of fluctuations. It once fell to nearly 104 during the session, but then recovered most of its losses and finally closed up 0.27% at 104.33. The US dollar fell below 149 against the Japanese yen in the Asian session, hitting a new low in four months; US Treasury yields continued to fall, with the benchmark 10-year US Treasury yield falling below the 4% mark to close at 3.982%, and the two-year US Treasury yield closed at 4.158%.🕵️ Operation suggestion:USD/JPY 149.118 Buy Target Price 151.918
- Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.11% 2446.3 2445.88 Silver ▼-1.76% 28.503 28.493 📝 Review:Spot gold prices were like a roller coaster, falling to an intraday low of $2,430.15 in the European session before rebounding sharply. Gold once hit an intraday high of $2,462.21 as data showed a contraction in manufacturing business activity and U.S. employment data highlighted a weak labor market. But it eventually gave up most of its gains and turned down, eventually closing up 0.04% at $2,446.67 per ounce. Spot silver eventually closed down 1.63% at $28.52 per ounce.🕵️ Operation suggestion:Gold 2446.33 Buy Target Price 2475.31
- Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-2.17% 76.371 76.389 Brent Crude Oil ▼-1.81% 79.955 79.978 📝 Review:Concerns about a wider Middle East crisis following the killing of the Hamas leader do not appear to be affecting global supplies. And investors refocused on demand issues, and crude oil fell back. WTI crude oil fell sharply during the US trading session, and finally closed down 2.13% at $76.37 per barrel; Brent crude oil fell below the $80 mark, and finally closed down 1.81% at $79.96 per barrel.🕵️ Operation suggestion:WTI Crude Oil 76.096 Sell Target Price 75.009
- Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-3.53% 18796.85 18801.95 Dow Jones ▼-1.74% 40209.9 40236.9 S&P 500 ▼-2.10% 5430.03 5431.88 ▼0.00% 17559.3 17559.3 US Dollar Index ▲0.31% 104.12 104.12 📝 Review:The three major U.S. stock indexes fell across the board. The Dow Jones Industrial Average closed down 1.21%, the S&P 500 fell 1.37%, and the Nasdaq fell 2.3%. The Philadelphia Semiconductor Index fell 7%, Nvidia (NVDA.O) fell 6.6%, Arm (ARM.O) fell nearly 16%, and AMD (AMD.O) fell 8%. Tesla (TSLA.O) fell more than 6%, and Apple (AAPL.O) fell 1.6%. The Nasdaq China Golden Dragon Index closed down 3.3%, NIO (NIO.N) fell more than 8%, and Alibaba (BABA.N) fell 1%.🕵️ Operation suggestion:Nasdaq 100 18760.200 Sell Target Price 18386.578
- Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-0.32% 64727.1 64862.3 Ethereum ▼-2.07% 3169.1 3173.5 Dogecoin ▼-4.41% 0.11678 0.11769 📝 Review:Judging from the overall market trend, bearish sentiment currently prevails. As of the latest trading session, the price of Bitcoin has not yet broken through 64,600 points, and there is no clear bottom pattern on the daily chart, which indicates that the overall market trend is bearish. However, today the market has tentatively touched the support level of 63,200 points, and there are some signs of consolidation divergence on the 30-minute and 5-minute charts. This means that in the short term, even if the market rebound is limited, it is difficult to see further declines.🕵️ Operation suggestion:BitCoin 65324.4 Sell Target Price 63294.2
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