Hot spot tracking

  • The UK CPI annual rate in September was 1.7%, the lowest level since April 2021. The market expects the Bank of England to cut interest rates by 45 basis points by the end of the year. It was 37 basis points before the data was released. It is bearish for the pound.
  • Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points between November 2024 and June 2025, and the final interest rate range will reach 3.25%-3.5%. The European Central Bank is expected to cut interest rates by 25 basis points in October, and then continue to cut interest rates by 25 basis points until the policy rate reaches 2% in June 2025.
  • U.S. officials expect Israel to retaliate against Iran's attack this month by November 5. Bullish for crude oil and gold.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD -0.29% 1.08615 1.08622
    GBP/USD -0.64% 1.29891 1.29914
    AUD/USD -0.51% 0.66689 0.66683
    USD/JPY 0.29% 149.64 149.578
    GBP/CAD -0.78% 1.78596 1.78581
    NZD/CAD -0.29% 0.8326 0.83295
    📝 Review:On Wednesday, the US dollar index hit an 11-week high. The reason is that investors have ruled out the possibility of a sharp interest rate cut by the Fed at the next policy meeting and digested the possibility that Trump may win the election. It finally closed up 0.29% at 103.52. The benchmark 10-year US bond yield closed at 4.0180%; the two-year US bond yield closed at 3.9500%.
    🕵️ Operation suggestion:

    USD/JPY 149.553  Buy  Target Price  150.074

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.44% 2673.73 2674.34
    Silver 0.62% 31.659 31.669
    📝 Review:Spot gold approached its all-time high on Wednesday, reaching a high of 2685.41. The reasons include the weak US bond yields, the expectation of interest rate cuts by major central banks and the safe-haven demand provided by the ongoing geopolitical conflicts. It finally closed up 0.43% at $2673.70 per ounce. Spot silver finally closed up 0.62% at $31.67 per ounce.
    🕵️ Operation suggestion:

    Gold 2676.52  Buy  Target Price  2692.72

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.53% 70.092 70.107
    Brent Crude Oil -0.37% 74.19 74.211
    📝 Review:Oil prices remained near a two-week low on Wednesday, weighed down by forecasts of slower oil demand growth. WTI crude oil eventually closed down 0.49% at $70.61 per barrel, while Brent crude oil closed down 0.31% at $74.41 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 70.208  Sell  Target Price  69.028

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.01% 20169.33 20164.69
    Dow Jones 0.79% 43087.1 43077.5
    S&P 500 0.44% 5840.45 5837.25
    0.00% 17559.3 17559.3
    US Dollar Index 0.29% 103.4 103.39
    📝 Review:The Dow Jones Industrial Average closed up 0.79%, the S&P 500 rose 0.47%, and the Nasdaq rose 0.28%. Invesco (NVDA.O) rose 3%, Apple (AAPL.O) fell nearly 1%, and Intel (INTC.O) fell 1.5%. The Nasdaq China Golden Dragon Index closed up 0.93%, Alibaba (BABA.N) rose 0.35%, NIO (NIO.N) fell nearly 2%, and Beike (BEKE.N) rose 4.5%.
    🕵️ Operation suggestion:

    Nasdaq 100 20151.560  Sell  Target Price  19796.957

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin 1.88% 67642.2 67534.9
    Ethereum 1.22% 2617.6 2611.6
    Dogecoin 12.30% 0.1282 0.12648
    📝 Review:Judging from the overall trend, the Bitcoin market currently shows a clear bull advantage. As of now, the price of Bitcoin is below $67,800, and the market is developing around a 30-minute cycle center. If the price continues to fluctuate at this level, the possibility of breaking through the $70,000 mark may decrease.
    🕵️ Operation suggestion:

    BitCoin 67845.2  Buy  Target Price  68783.8

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