Hot spot tracking

  • Pelosi's resignation is a foregone conclusion, and a successor will emerge
  • Chancellor of the Exchequer Hunt releases Autumn Finance Report
  • Fed's Bullard: Peak interest rates may be between 5% and 7%

Product Hot Comment

  • Forex
    A number of Fed officials suggested that interest rate hikes are far from over, and the number of first-time jobless claims in the United States did not increase but fell last week, approaching historical lows, highlighting the strength of the labor market and strengthening the reasons for raising interest rates. The US dollar index ushered in a rebound and broke through intraday 107 mark, and finally closed up 0.38% to 106.69.
    📝 Review:The dollar rose on Thursday and U.S. Treasury yields rose as investors focused on hawkish comments from Fed officials. Sterling fell as the UK government's latest budget failed to impress investors.
    🕵️ Operation suggestion:long EUR/USD at 1.03618, target price 1.04676
  • Gold
    As the U.S. dollar index and U.S. bond yields both rose, spot gold fell under pressure, fell below the 1760 mark during the session, and finally closed down 0.74% at $1760.57/oz; spot silver closed down 2.37% at $20.95/oz.
    📝 Review:The market interpreted this as higher interest rates, leading to a sell-off in gold overnight. The U.S. dollar strengthened on the comments that the Federal Reserve will still continue to raise interest rates, with gold bearing the brunt of the rise in interest rates.
    🕵️ Operation suggestion:go long at 1759.51, the target price is 1788.72
  • Crude Oil
    WTI crude oil fell more than 4% and closed down 3.81% at $82.05/barrel due to a rebound in the U.S. dollar and heightened recession concerns; Brent crude oil fell 3% in intraday trading, falling below $90/barrel for the first time since October , and finally closed down 2.84%, at 90.03 US dollars / barrel, narrowly guarding the 90 mark. U.S. natural gas futures extended gains, with an intraday gain of 5%.
    📝 Review:Oil prices fell more than 3% on Thursday as concerns over the spread of the virus and more aggressive U.S. rate hikes squeezed demand. That counts as a triple whammy. According to the increasing epidemic situation, the United States continues to raise interest rates, and now the market is experiencing technical weakness.
    🕵️ Operation suggestion:go short at 81.797, target price 76.041
  • Indice
    U.S. stocks opened lower. After U.S. House Speaker Nancy Pelosi said she would not run for the leadership of the Democratic Party, U.S. stocks recovered some losses in late trading. The Dow closed down slightly by 0.02%, while the Nasdaq and the S&P 500 closed down 0.35% and 0.27%, respectively. The public utility and materials sectors were among the biggest losers, and most of the popular Chinese concept stocks rose. Alibaba closed up 7.8% after the results.
    📝 Review:Major U.S. stock indexes closed slightly lower on Thursday in volatile intraday trading, as hawkish speeches from Fed officials and data showing that the labor market remained tight led some investors to worry that the Fed would raise interest rates more aggressively.
    🕵️ Operation suggestion:long the Nasdaq index is at 11708.100, and the target price is 11940.600

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