The U.S. index posted its biggest gain in three weeks; spot gold fell to 2,640$/ounce!

Hot spot tracking

• Biden would ban new oil drilling in large swaths of U.S. waters. This news is bullish for crude oil.

• U.S. President Biden has decided to formally block Japan Steel Corporation from acquiring U.S. Steel. Nippon Steel plans to sue the U.S. government over its blocked acquisition of U.S. Steel. This news is bearish for the yen.

• The Ukrainian army launched a large-scale offensive in the direction of Kursk. This news is bullish for crude oil.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.39%1.030521.03007GBP/USD▲0.37%1.242611.24181AUD/USD▲0.24%0.622010.62119USD/JPY▼-0.08%157.335157.35GBP/CAD▲0.68%1.795051.79388NZD/CAD▲0.47%0.810030.81066

• 📝 Review:Last Friday, the U.S. dollar index continued to decline, finally closing down 0.31% at 108.92. However, the dollar index still posted its strongest weekly performance in nearly three weeks, as the market expects that the U.S. economy will continue to outperform other major economies this year and that U.S. interest rates will remain relatively high. The benchmark 10-year U.S. bond yield closed at 4.6020%; the two-year U.S. bond yield closed at 4.2870%.

• 🕵️ Operation suggestion:USD/JPY 157.738 Buy Target Price 158.157

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-0.76%2638.272642.87Silver▲0.16%29.59129.6

• 📝 Review:Spot gold continued to fall on Friday on expectations that Trump would implement tariffs and protectionist policies after being sworn in on January 20. It finally closed down 0.72% at $2,638.41 per ounce. Spot silver finally closed up 0.26% at $29.60 per ounce.

• 🕵️ Operation suggestion:Gold 2639.18 Buy Target Price 2668.79

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲1.11%73.55373.54Brent Crude Oil▲0.83%76.38976.229

• 📝 Review:International oil prices have been boosted as cooler weather in Europe and the United States is expected to stimulate oil demand. WTI crude oil finally closed up 1.30% at US$74.01/barrel; Brent crude oil closed up 0.91% at US$76.56/barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 73.535 Buy Target Price 74.133

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲1.67%21255.2621295.97Dow Jones▲0.78%4262142663.3S&P 500▲1.27%5939.955947.25US Dollar Index▼-0.20%108.86108.87

• 📝 Review:U.S. stocks opened higher and moved higher, with the three major indexes collectively closing higher. The Nasdaq rose 1.77% and fell 0.51% last week; the S&P 500 rose 1.26%, Tesla rose more than 8%, the largest single-day increase since November 12 last year; Nvidia rose more than 4%, the highest level in November last year The largest single-day increase since the 20th; the U.S. Treasury Departments statement once again pushed the stock prices of Freddie Mac and Fannie Mae to soar. Freddie Mac closed up more than 28%, setting a new high since December 2016; Fannie Mae rose nearly 30%, hitting a record high. A new high since February 2017. Popular Chinese concept stocks had mixed gains and losses, with the Nasdaq China Golden Dragon Index rising 0.93% and falling 2.11% last week. Dingdong Maicai rose by more than 10%, Kingsoft Cloud rose by more than 5%, Jikrypton rose by more than 4%, JD.com and Li Auto rose by more than 3%; 21Vianet fell by more than 2%, and Tencent Music fell by more than 1%.

• 🕵️ Operation suggestion:Nasdaq 100 21248.720 Sell Target Price 21019.533

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲0.31%98445.498631.2Ethereum▼-0.31%36433642.6Dogecoin▼-3.16%0.382030.38312

• 📝 Review:Judging from the overall trend, short forces have a slight advantage in Bitcoin's current market conditions. As of the current trading session, Bitcoins price sits below 96,500 points. In this case, short-term operation of selling high and buying low is a relatively good strategy. However, it is obviously inappropriate to blindly chase long prices now. It is recommended that investors wait for the market to show a consolidation divergence signal on the 4-hour chart, which is an important sign that the market may reverse. At the same time, investors must take appropriate stop-loss measures to protect their investment funds.

• 🕵️ Operation suggestion:BitCoin 98305.5 Sell Target Price 95645.3