Spot Gold was up 20 U. S. dollars, the U. S. Index plunged!

Hot spot tracking

• Powell's “Loudest interest rate cut” at his annual meeting in Hall, John Hughlings Jackson, was that the time had come for a change in policy and increased confidence in a return to 2 per cent inflation. Does not seek or welcome further cooling of the labour market. The chances of the Fed cutting rates by 50bp in September have risen since Powell's speech, with the rate cut of nearly 100bp remaining stable towards the end of the year. Fed mouthpiece says Powell's turnaround is complete. Interest rate cuts are expected to lock in, dollar index bearish about to begin.

• A war would send gold soaring and oil soaring.

• Bank of Japan Governor Kazuo Tateda says he is ready to raise interest rates if growth and inflation get back on track. Japanese Finance Minister Shunichi Suzuki: a return to deflation can not be ruled out. Japanese interest rate hike is expected to be positive for the yen.

Product Hot Comment

• Forex

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  EUR/USD	▲0.72%	1.11909	1.11909
  GBP/USD	▲0.91%	1.32097	1.32105
  AUD/USD	▲1.37%	0.67982	0.67956
  USD/JPY	▼-1.39%	144.231	144.049
  GBP/CAD	▲0.16%	1.78473	1.78359
  NZD/CAD	▲0.76%	0.84192	0.84095

  📝 Review:On Friday, the dollar index plunged to close down 0.83 per cent at 100.68 after Powell gave its most dovish signal yet. The benchmark 10-year yield closed at 3.8040 per cent; the more monetary-sensitive two-year ended at 3.1970 per cent.

  🕵️ Operation suggestion:

  USD/JPY 143.512  Sell  Target Price  141.722

• Gold

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Gold	▲1.05%	2510.78	2512.09
  Silver	▲2.91%	29.81	29.851

  📝 Review:Spot gold rose as much as $20 to close 1.22 per cent higher at $2,512.01 on hopes of a weaker dollar and imminent fed rate cuts. Spot Silver ended the day up 2.93 per cent at $29.82.

  🕵️ Operation suggestion:

  Gold 2513.86  Buy  Target Price  2531.64

• Crude Oil

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  WTI Crude Oil	▲2.50%	74.607	74.865
  Brent Crude Oil	▲2.14%	78.21	78.7

  📝 Review:International oil prices continued to rise as the Federal Reserve sent a strong signal that a rate cut was imminent. WTI crude, which had maintained a broad upward trend throughout the day, ended up 2.73 per cent at $74.91 a barrel and Brent Crude 2.56 per cent higher at $79.05 a barrel.

  🕵️ Operation suggestion:

  WTI Crude Oil 75.037  Buy  Target Price  76.764

• Indice

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Nasdaq 100	▲0.88%	19710.7	19716.35
  Dow Jones	▲0.96%	41167.5	41192.5
  S&P 500	▲0.94%	5632.55	5635.65
  	▼0.00%	17559.3	17559.3
  US Dollar Index	▼-0.79%	100.45	100.46

  📝 Review:The Dow Jones Industrial Average Rose 1.14 percent, the S & P 500 gained 1.15 percent and the NASDAQ rose 1.47 percent. BILI.O gained 15.28 percent as the company beat market estimates for second-quarter net income. Apple (AAPL.O) was up 1.03 per cent, Tesla (TSLA.O) was up 4.59 per cent and Nvidia (NVDA.O) was up 4.55 per cent. Popular Chinese stocks were mixed, with Alibaba's BABA.N up 2.98 per cent and PDD.O down 4.97 per cent.

  🕵️ Operation suggestion:

  Nasdaq 100 19730.850  Sell  Target Price  19301.936

• Crypto

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  BitCoin	▲0.54%	64207.5	64414.1
  Ethereum	▲0.64%	2768.7	2779.2
  Dogecoin	▼-1.92%	0.10957	0.11048

  📝 Review:From the current market trend analysis, bitcoin's bull force slightly ahead. As of the latest trading session, Bitcoin was trading just under $61,000, but has managed to stay above the key 233-day moving average. The market is expected to be volatile between tonight and the end of the week, in contrast to the usual small moves caused by low volume. Right now, investors should keep a close eye on two key resistance levels: $61,800 and $65,500. Meanwhile, near $60,000 is considered an important support level.

  🕵️ Operation suggestion:

  BitCoin 64084.2  Buy  Target Price  66505.6