Hot spot tracking

  • July non-farm payrolls were worse than expected. The unemployment rate unexpectedly rose to 4.3%; employment increased by 114,000 in July, lower than the expected 175,000. Biden acknowledged that job growth slowed. Wall Street investment banks have quickly changed the script for rate cuts, and traders are betting that the Federal Reserve will cut interest rates by 50 basis points in September. Bearish for US stocks and the US dollar.
  • Iran's intelligence minister accused Israel of obtaining US permission before assassinating Haniyeh. The US Secretary of Defense ordered an adjustment of the military posture and increased military deployment in the Middle East. US and Israeli officials expect Iran to launch an attack on Israel on Monday. The commander of the US Central Command arrived in the Middle East to finalize the defense plan against Iran. In addition, many countries including Britain, the United States, Sweden, and Jordan urged their citizens to evacuate Lebanon as soon as possible. The war environment is bullish for crude oil and gold.
  • It is reported that the Sharara oil field, the largest oil field in Libya, has partially stopped production, with a daily output drop of 30,000 barrels. The drop in crude oil supply is bullish for crude oil.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 1.12% 1.09122 1.09205
    GBP/USD 0.56% 1.28085 1.28093
    AUD/USD 0.33% 0.65229 0.65189
    USD/JPY -1.83% 146.586 146.482
    GBP/CAD 0.51% 1.77562 1.77501
    NZD/CAD 0.26% 0.82679 0.826
    📝 Review:Last Friday, the poor non-farm data directly ignited the market's expectations that the Federal Reserve would cut interest rates by 50 basis points in September. The US dollar index fell 1% during the day, hitting a four-month low, and finally closed down 1.06% at 103.22. The yen rose 2% to above 147; the renminbi soared more than 1,000 points. U.S. Treasury yields also fell sharply; the benchmark 10-year U.S. Treasury yield fell below 3.8%, closing at 3.793%; the two-year U.S. Treasury yield fell below the 4% mark, closing at 3.890%.
    🕵️ Operation suggestion:

    USD/JPY 145.895  Sell  Target Price  144.498

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold -0.34% 2437.54 2444.62
    Silver 0.08% 28.515 28.585
    📝 Review:Although the market is pricing in a 50 basis point rate cut by the Federal Reserve in September, recession fears seem to have a slight upper hand. Spot gold is on a roller coaster. It once rose to nearly $2,480 before the U.S. market, but soon fell sharply, falling more than $60. It then rebounded and returned to above $2,440, and finally closed down 0.02% at $2,441.79 per ounce. Spot silver finally closed up 0.08% at $28.54 per ounce.
    🕵️ Operation suggestion:

    Gold 2431.00  Buy  Target Price  2460.85

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -3.92% 73.392 73.655
    Brent Crude Oil -3.61% 77.09 77.124
    📝 Review:As market concerns about the US economic recession were ignited, crude oil fell more than 3%. WTI crude oil continued to fall before the US market and once fell below $73, and finally closed down 3.66% at $73.57 per barrel; Brent crude oil fell below the $80 mark and once fell to an intraday low of $76.28, and finally closed down 3.36% at $77.28 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 73.161  Sell  Target Price  72.522

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 -2.02% 18421.7 18248.1
    Dow Jones -1.33% 39703.4 39437.5
    S&P 500 -1.66% 5341.51 5303.15
    0.00% 17559.3 17559.3
    US Dollar Index -1.10% 102.97 102.91
    📝 Review:As non-farm data ignited recession concerns, US stocks closed sharply lower. The Dow Jones Industrial Average closed down 1.51%, the S&P 500 closed down 1.84%, and the Nasdaq closed down 2.43%. Many star technology stocks fell sharply, with Intel (INTC.O) falling about 26%, Amazon (AMZN.O) falling about 9%, and Micron Technology (MU.O) falling about 8.6%. Apple (AAPL.O) rose 0.66% against the market, and its total revenue and iPhone business revenue in the third fiscal quarter were both higher than expected.
    🕵️ Operation suggestion:

    Nasdaq 100 18126.750  Sell  Target Price  17946.680

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin -2.45% 59107.5 58415.2
    Ethereum -5.42% 2748.9 2726.3
    Dogecoin -2.89% 0.10469 0.10432
    📝 Review:From the overall trend, the bulls in the Bitcoin market clearly have the upper hand. At present, the price has not yet broken through the 65,000 mark, and a clear bottom structure has not yet formed on the daily chart. Nevertheless, the price may continue to fall in the short term, so the overall trend is still bearish.
    🕵️ Operation suggestion:

    BitCoin 57795.4  Sell  Target Price  56423.7

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