OPEC Said to Be Discussing Delay of Production Increase; Fed Minutes Show Officials Leaning Towards

Hot spot tracking

• Fed meeting minutes: Officials favor a gradual approach to interest rate cuts in the future. Some officials cited persistently high inflation and a weak labor market as reasons for a potential pause in easing and an acceleration of easing, respectively. In the future, we will consider lowering the overnight reverse repurchase rate by 5 bp to make it consistent with the lower limit of the federal funds rate. Bullish for USD.

• Many parties confirmed that Lebanon and Israel have reached a ceasefire. The Israeli army earlier carried out the most violent air strikes on Lebanon. Biden revealed that he will work with multiple countries to promote a ceasefire in Gaza in the next few days.

• Russian Ministry of Defense: Ukraine has attacked Russia twice with US-made ATACMS bombs in the past three days and is preparing retaliatory measures. Bullish for gold.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.09%1.048651.04868GBP/USD▼-0.00%1.256921.25679AUD/USD▼-0.43%0.647710.64786USD/JPY▼-0.65%153.105153.08GBP/CAD▲0.46%1.766231.76636NZD/CAD▲0.32%0.819730.81993

• 📝 Review:The U.S. dollar index rebounded slightly on Tuesday as Trump vowed to impose tariffs on Canada, Mexico and China. It finally closed up 0.06% at 106.90. The benchmark 10-year U.S. bond yield closed at 4.3100%; the two-year U.S. bond yield closed at 4.2580%.

• 🕵️ Operation suggestion:USD/JPY 152.898 Sell Target Price 151.381

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.31%2633.082632.74Silver▲0.48%30.42430.415

• 📝 Review:Gold prices rebounded as the “big hawk” in the Federal Reserve said it was open to another interest rate cut next month. Spot gold finally closed up 0.31% at $2,632.79 per ounce. Spot silver finally closed up 0.45% at $30.42 per ounce.

• 🕵️ Operation suggestion:Gold 2631.70 Sell Target Price 2607.22

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▼-0.15%68.83668.821Brent Crude Oil▼-0.16%72.47872.456

• 📝 Review:International oil prices almost ended flat due to market news that OPEC+ began to discuss another delay in increasing oil production, and the United States, Israel and Lebanon all confirmed that the Lebanese ceasefire agreement under the leadership of the United States was reached. WTI crude oil finally closed down 0.12% at US$68.93/barrel; Brent crude oil closed down 0.14% at US$72.45/barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 68.692 Sell Target Price 66.665

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲0.33%20942.4720926.18Dow Jones▲0.26%44925.544895.4S&P 500▲0.40%6022.956020.95▼0.00%17559.317559.3US Dollar Index▲0.09%106.79106.79

• 📝 Review:The three major U.S. stock indexes rose collectively. The Dow and S&P 500 hit record highs. As of the close of the day, the Dow Jones Industrial Average rose 123.74 points from the previous trading day to close at 44860.31 points, an increase of 0.28%; the S&P 500 Index rose 34.26 points to close at 6021.63 points, an increase of 0.57%; Nasdaq The composite index rose 119.46 points to close at 19174.30 points, an increase of 0.63%. Large technology stocks generally rose, with Amazon (AMZN.O) rising more than 3% and Microsoft (MSFT.O) rising more than 2%. Affected by Trump's tariff threat, auto stocks fell, with General Motors (GM.N) falling nearly 9% and Ford (F.N) falling nearly 3%. The Nasdaq China Golden Dragon Index closed down 0.84%, and NIO (NIO.N) fell more than 7%.

• 🕵️ Operation suggestion:Nasdaq 100 20922.550 Buy Target Price 21019.220

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-2.89%91719.991858Ethereum▼-3.70%3324.83326.4Dogecoin▼-2.84%0.382220.38168

• 📝 Review:Judging from the overall market trend, the Bitcoin market is currently showing obvious downward pressure. As of now, Bitcoin price has fallen below the key support level of 93,800 points, showing a downward trend on the daily level. For such market conditions, a correction usually occurs after a period of rapid rise. This is the natural adjustment process of the market. We believe that Bitcoin has formed a top pattern on its daily chart. So shorting high may be a better strategy.

• 🕵️ Operation suggestion:BitCoin 92415.8 Sell Target Price 89130.3