Hot spot tracking

  • Powell reiterates hawkish stance, traders push back rate cut expectations
  • Fed's overnight reverse repo usage falls below $1 trillion for first time in two years
  • U.S. unemployment data provides further evidence of cooling labor market

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD -0.37% 1.06679 1.06698
    GBP/USD -0.50% 1.22222 1.22231
    AUD/USD -0.53% 0.63694 0.63672
    USD/JPY 0.30% 151.337 151.292
    GBP/CAD -0.38% 1.68723 1.68703
    NZD/CAD -0.15% 0.81349 0.81322
    📝 Review:The draft document shows that the Japanese government will add an additional 886 billion yen in the second additional budget to supplement fiscal loans and investment plans to strengthen the supply chain.
    🕵️ Operation suggestion:

    USD/JPY 151.324  Buy  Target Price  151.635

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.44% 1958.45 1958.76
    Silver 0.49% 22.623 22.62
    📝 Review:As Federal Reserve Chairman Jerome Powell maintained his tightening bias, he said that although inflation has declined, the central bank is still not confident that it can be controlled. Powell's hawkish speech had little impact on gold, which closed slightly higher.
    🕵️ Operation suggestion:

    Gold 1959.22  Sell  Target Price  1946.44

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.00% 75.6 75.604
    📝 Review:Comments from Federal Reserve Chairman Jerome Powell hinting at possible future interest rate hikes have shaken hopes for strong demand in stocks and crude oil markets. The Brent crude oil benchmark settled above $80 a barrel on Thursday, nearly $20 a barrel below its peak in September.
    🕵️ Operation suggestion:

    WTI Crude Oil 75.400  Sell  Target Price  74.985

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 -0.59% 15189.95 15164.05
    Dow Jones -0.47% 33911.1 33888.4
    S&P 500 -0.58% 4349.75 4344.05
    📝 Review:The recent gains in the three major U.S. stock indexes came to an end due to Powell's hawkish stance and the cooling of the 30-year U.S. bond auction. The Dow closed down 0.65%, the Nasdaq closed down 0.94%, and the S&P 500 closed down 0.8%. Arm (ARM.O) and Tesla (TSLA.O) both fell more than 5%, with Biden supporting the UAW to organize a union for Tesla workers. The Nasdaq China Golden Dragon Index closed down 2%, NIO (NIO.N) fell more than 5%, Li Auto (LI.O) fell more than 4%, and Alibaba (BABA.N) fell nearly 2.5%.
    🕵️ Operation suggestion:

    Nasdaq 100 15149.850  Sell  Target Price  15067.550

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin 2.07% 36511.2 36536.6
    Ethereum 8.97% 2054.8 2088.4
    Dogecoin -5.06% 0.07135 0.07215
    📝 Review:Looking at the overall trend, the Bitcoin market is dominated by the multi-party forces. The long-term trend is still in the multi-party trend. The 4h structure has not been destroyed. The short-term 30-minute delay in the correction is also something that makes the short side very speechless. The bull side of Bitcoin is too strong. What is the end of today? Whether it is a bullish inducement or a bullish signal, we will probably know the answer tomorrow.
    🕵️ Operation suggestion:

    BitCoin 36651.8  Buy  Target Price  37858.4

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