US January Non-farm Payroll Below Expectations; Gold Hits New Record High!

Hot spot tracking

• Trump's latest statement early this morning: he will announce on Monday that a 25% tariff will be imposed on all steel and aluminum entering the United States. This news is bearish for the US dollar.

• Zelensky announced that he was willing to negotiate with Russia on the premise that the United States and Europe provided security guarantees for Ukraine. This news is bearish for crude oil.

• The seasonally adjusted non-farm payrolls in the United States in January were 143,000, the lowest since October last year; the unemployment rate was 4.0%, the lowest since May last year. Both were lower than expected. This news is bearish for the US dollar and US stocks.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.54%1.032731.0291GBP/USD▼-0.21%1.240691.23795AUD/USD▼-0.15%0.62730.62503USD/JPY▼-0.10%151.299151.553GBP/CAD▼-0.36%1.771751.77752NZD/CAD▼-0.45%0.807840.80989

• 📝 Review:Last Friday, the US dollar index returned to the 108 mark as the non-farm data suggested that the Federal Reserve would continue to suspend interest rate cuts and Trump said he would announce reciprocal tariffs on many countries this week. It finally closed up 0.36% at 108.10. The benchmark 10-year U.S. Treasury yield closed at 4.4960%; the two-year U.S. Treasury yield closed at 4.3020%.

• 🕵️ Operation suggestion:USD/JPY 151.790 Sell Target Price 150.907

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.16%2860.62858.45Silver▼-1.15%31.83431.755

• 📝 Review:After the release of non-farm data, spot gold hit $2,886.71, a record high. It finally closed up 0.15% at $2,860.09 an ounce, marking the sixth consecutive week of gains. Spot silver rose to $32.65 at one point on the back of non-farm data, but then gave up all of its gains for the day. It finally closed down 1.30% at $31.77 per ounce.

• 🕵️ Operation suggestion:Gold 2866.61 Buy Target Price 2885.70

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲0.63%70.77370.71Brent Crude Oil▲0.52%74.44174.78

• 📝 Review:Oil prices closed higher on Friday after the United States imposed new sanctions on Iranian crude exports. WTI crude oil finally closed up 0.70% at $70.97 per barrel; Brent crude oil closed up 0.62% at $74.65 per barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 70.952 Sell Target Price 70.170

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-1.21%21460.0421346.2Dow Jones▼-0.95%44261.944146.8S&P 500▼-0.83%6026.256006.25US Dollar Index▲0.52%108.09108.17

• 📝 Review:The three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 0.99%, the Nasdaq down 1.36% and the S&P 500 down 0.95%. The Nasdaq Golden Dragon China Index closed up 1.3%, with a cumulative increase of 3.8% last week. Amazon (AMZN.O) fell 4%, Tesla (TSLA.O) and Google A fell 3.3%, and Apple (AAPL.O) fell 2.3%.

• 🕵️ Operation suggestion:Nasdaq 100 21533.050 Buy Target Price 21648.344

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-1.27%9516695757.3Ethereum▼-2.80%2557.42613.7Dogecoin▼-4.06%0.242060.24556

• 📝 Review:Judging from the overall trend, the bears currently have a slight advantage in the Bitcoin market. As of the time of publication, the price of Bitcoin was below 97,000 points. The last waterfall market in the cryptocurrency circle will not lead to another unilateral decline in the market, and the probability of an upward breakthrough is greater than a downward breakthrough. But everything still depends on whether the market trend in the next two days can effectively break through 98,000 points.

• 🕵️ Operation suggestion:BitCoin 97002.8 Sell Target Price 94505.0