The U.S. dollar index returned to the 103 mark; gold once plunged nearly $40 from its intraday high!

Hot spot tracking

• The monthly rate of retail sales in the United States in July was 1%, far exceeding expectations; the number of initial claims last week was slightly lower than expected, falling to the lowest level since July; traders cut their expectations of a rate cut by the Federal Reserve, and interest rate futures priced that the Federal Reserve would reduce the rate cut to 93 basis points this year. The probability of a 50 basis point rate cut in September fell to 27%. The data broke the expectation of a rate cut in the United States this year, which is bullish for the US dollar and US stocks.

• Middle East situation-the parties to the Gaza ceasefire negotiations are still far apart, and the negotiations will continue on Friday. White House: Iran may launch an attack with little warning.

• Japan reduced its holdings of US Treasuries by US$10.6 billion in June, while China increased its holdings by US$11.9 billion. The yen is accelerating its decoupling with the United States, which is bullish for the yen.

Product Hot Comment

• Forex

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  EUR/USD	▼-0.38%	1.09707	1.09724
  GBP/USD	▲0.18%	1.2853	1.28549
  AUD/USD	▲0.25%	0.66128	0.66145
  USD/JPY	▲1.38%	149.285	149.302
  GBP/CAD	▲0.31%	1.76435	1.76413
  NZD/CAD	▼-0.17%	0.82131	0.82199

  📝 Review:On Thursday, strong U.S. economic data led traders to cut their bets on the Federal Reserve's rate cuts. The dollar index rose strongly after the release of retail sales data, standing above the 103 mark. It finally closed up 0.439% at 103.05. U.S. Treasury yields jumped during the session, with the benchmark 10-year Treasury yield closing at 3.915%; the two-year Treasury yield closed at 4.101%.

  🕵️ Operation suggestion:

  USD/JPY 149.084  Buy  Target Price  151.961

  
  

• Gold

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Gold	▲0.34%	2456.28	2456.24
  Silver	▲2.93%	28.34	28.327

  📝 Review:Affected by the strengthening of the U.S. dollar and U.S. bond yields, spot gold once fell nearly $40 from its intraday high. It then bottomed out and rebounded, eventually closing up 0.35% at $2,456.49 per ounce. Spot silver finally closed up 2.88% at $28.36 per ounce.

  🕵️ Operation suggestion:

  Gold 2459.68  Buy  Target Price  2476.54

  
  

• Crude Oil

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  WTI Crude Oil	▲1.12%	76.882	76.884
  Brent Crude Oil	▲1.20%	80.393	80.378

  📝 Review:International oil prices rebounded as economic data eased concerns about a recession in the world's largest economy, supporting confidence in the outlook for crude oil demand. WTI crude oil eventually closed up 1.17% at $78.05 per barrel, while Brent crude oil closed up 1.18% at $80.92 per barrel.

  🕵️ Operation suggestion:

  WTI Crude Oil 76.796  Sell  Target Price  75.663

  
  

• Indice

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Nasdaq 100	▲2.32%	19464.25	19489.65
  Dow Jones	▲1.31%	40549.8	40608.4
  S&P 500	▲1.58%	5538.35	5547.75
  	▼0.00%	17559.3	17559.3
  US Dollar Index	▲0.24%	102.63	102.8

  📝 Review:The three major U.S. stock indexes closed up collectively, with the Dow Jones Industrial Average up 1.3%, the S&P 500 up 1.6%, and the Nasdaq up 2.3%. Intel (INTC.O) rose 3.8%, Nvidia (NVDA.O) rose 4%, Tesla (TSLA.O) rose 6%, and Amazon (AMZN.O) rose 4%. The Nasdaq China Golden Dragon Index closed up 1.7%, Alibaba (BABA.N) rose slightly, JD.com (JD.O) rose more than 4%, and NIO (NIO.N) rose 3%.

  🕵️ Operation suggestion:

  Nasdaq 100 19503.950  Buy  Target Price  19712.277

  
  

• Crypto

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  BitCoin	▼-4.28%	56386.2	57636.9
  Ethereum	▼-5.06%	2528.2	2571.3
  Dogecoin	▼-3.46%	0.09848	0.0991

  📝 Review:From the overall trend, the Bitcoin market is currently in a state of fierce competition between long and short sides, but no clear winner has been determined yet. As of the latest trading session, the Bitcoin price is still below 59,800 points. If the Bitcoin price starts to show an upward trend on the daily level, then 57,610 points may become a solid support point in the future that is difficult to break through easily.

  🕵️ Operation suggestion:

  BitCoin 57462.2  Sell  Target Price  54282.4