Hot spot tracking

  • The final value of the US S&P Global Manufacturing PMI in June was 51.6, lower than expected and the previous value. The US ISM Manufacturing PMI in June was 48.5, also lower than expected, and it was the third consecutive month of contraction, with the price index recording the largest drop in a year. This is bearish for the US dollar.
  • ECB President Lagarde: The ECB needs time to assess the uncertainty of inflation. The work is not yet done and we must remain vigilant. ECB Governing Council member Wensch: A rate cut in July is an option in theory, but we must be cautious in practice. ECB Governing Council member Simkus: The reason for a rate cut in July has disappeared. If the data meets expectations, there may be two more rate cuts in 2024. Negative for the euro.
  • OPEC member countries produced 26.98 million barrels per day in June, down 80,000 barrels from the previous month, remaining stable for the third consecutive month. Some major member countries continued to produce more than their quotas, which is bullish for crude oil.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.01% 1.07395 1.07399
    GBP/USD -0.00% 1.26493 1.26484
    AUD/USD -0.26% 0.66616 0.66614
    USD/JPY 0.40% 161.477 161.449
    GBP/CAD 0.50% 1.73733 1.73667
    NZD/CAD 0.23% 0.83424 0.83451
    📝 Review:On Monday, the dollar index opened lower, dragged down by the euro's opening. It quickly rose to a daily high during the U.S. session, then fell back, and finally closed down 0.03% at 105.75. The euro rose as much as 0.6% to a two-week high during the day. The yen fell to 161.74 during the session, hitting a new low since 1986. Long-term U.S. Treasury yields rose sharply, further driving the curve steepening. The 10-year U.S. Treasury yield rose to a one-month high, closing at 4.467%. The U.S. 30-year Treasury yield rose to its highest level since June 3.
    🕵️ Operation suggestion:

    USD/JPY 161.546  Buy  Target Price  161.890

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.19% 2331.78 2332.48
    Silver 0.92% 29.429 29.454
    📝 Review:Driven by short covering, spot gold rose slightly and returned to the 2330 mark. It finally closed up 0.22% at $2331.73 per ounce. Spot silver closed up 1.06% at $29.45 per ounce.
    🕵️ Operation suggestion:

    Gold 2333.16  Sell  Target Price  2298.91

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil 2.38% 82.89 82.869
    Brent Crude Oil 1.72% 86.465 86.452
    📝 Review:Both WTI and Brent crude rose about 2% to a two-month high on Monday as traders expected the northern hemisphere's summer driving season to boost oil demand and worried that the Middle East conflict could spread and reduce global oil supply. WTI crude oil closed up 2.35% at $83.35 per barrel; Brent crude oil closed up 2.06% at $86.61 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 82.941  Buy  Target Price  83.697

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.32% 19800.28 19802.9
    Dow Jones -0.06% 39140.7 39155
    S&P 500 -0.04% 5472.55 5473.72
    0.00% 17559.3 17559.3
    US Dollar Index 0.10% 105.41 105.45
    📝 Review:The three major U.S. stock indexes closed down collectively, with the Dow Jones Industrial Average up 0.13%, the S&P 500 up 0.27%, and the Nasdaq up 0.83%. New energy vehicle stocks rose, with Tesla (TSLA.O) up 6.05%, NIO (NIO.N) up 6.61%, Li Auto (LI.O) up 6.71%, and Xpeng Motors (XPEV.N) up 5.18%. The Nasdaq China Golden Dragon Index closed up 0.79%.
    🕵️ Operation suggestion:

    Nasdaq 100 19753.400  Buy  Target Price  20023.016

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin 2.17% 63257.5 63096.1
    Ethereum 1.53% 3463.6 3456.9
    Dogecoin 1.40% 0.1247 0.12412
    📝 Review:From the overall trend, the BTC market is clearly dominated by bulls. Below 64,000 points, the market is trading sideways at a high level. The 4h started an upward move, driving the daily rebound. Then there is a high probability that the market will return to the lower center, which may form a third type of buying point; if it is not formed, the market will continue to test 60,000 below. Today, the market successfully broke through the 62,500 resistance level, which is the high point of the 4h center range.
    🕵️ Operation suggestion:

    BitCoin 62898.2  Buy  Target Price  65064.2

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