Trump signs reciprocal tariff memorandum; gold approaches $2930!

Hot spot tracking

• Trump signs reciprocal tariff memorandum. He said shipping goods through other countries to avoid tariffs would not be acceptable. This news is bearish for the US dollar.

• The U.S. PPI rose more than expected in January, but the market still expects the Fed to remain on hold until September. Bets on a rate cut in July are heating up. This news is bullish for the US dollar.

• Netanyahu denied earlier media reports that all parties had agreed to continue to implement the ceasefire agreement. This news is bullish for crude oil.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.77%1.046351.04666GBP/USD▲0.98%1.256481.25654AUD/USD▲0.62%0.631970.63189USD/JPY▼-1.02%152.801152.842GBP/CAD▲0.23%1.783161.78321NZD/CAD▼-0.12%0.805650.80593

• 📝 Review:On Thursday, although the PPI data was higher than expected, the sub-items indicated that the core PCE may be lower than expected. The US dollar index finally closed down 0.84% at 107.07. The benchmark 10-year U.S. Treasury yield closed at 4.5360%; the two-year U.S. Treasury yield closed at 4.3210%.

• 🕵️ Operation suggestion:USD/JPY 152.886 Sell Target Price 151.502

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.84%2928.382927.54Silver▲0.36%32.31632.26

• 📝 Review:Spot gold is approaching $2,930 as Trump unveiled plans to impose reciprocal tariffs on U.S. imports. It finally closed up 0.80% at $2,927.31 per ounce. Spot silver finally closed up 0.37% at $32.33 per ounce.

• 🕵️ Operation suggestion:Gold 2928.21 Buy Target Price 2942.88

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲0.43%71.35971.346Brent Crude Oil▲0.29%74.98474.783

• 📝 Review:The United States announced that the tariffs would be delayed until at least April, giving the world hope that a trade war could be avoided. Oil prices were basically flat, with WTI crude oil closing up 0.42% at $71.45 a barrel; Brent crude oil closed up 0.37% at $75.19 a barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 71.218 Sell Target Price 70.210

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲1.08%21992.7522005.45Dow Jones▲0.72%44695.744688.3S&P 500▲0.90%6111.956114.45US Dollar Index▼-0.83%106.88106.86

• 📝 Review:The Dow Jones Industrial Average closed up 0.77%, the S&P 500 rose 1%, and the Nasdaq rose 1.5%. Apple (AAPL.O) rose nearly 2% and Tesla (TSLA.O) rose 5.7%. The Nasdaq China Golden Dragon Index closed up 1.2%, Alibaba (BABA.N) rose 1%, and Baidu (BIDU.O) rose more than 3%.

• 🕵️ Operation suggestion:Nasdaq 100 21998.850 Buy Target Price 22143.514

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-1.38%96437.596353.2Ethereum▼-2.89%2664.32666.8Dogecoin▼-1.31%0.260990.26114

• 📝 Review:Judging from the overall market trend, the fierce game between bulls and bears in the Bitcoin market is still going on. As of the close, the price of Bitcoin hovered below 96,500 points. The recent market has been fluctuating around 96,000 points. For those investors who choose high leverage operations, whether they are bullish or bearish, they are very likely to suffer losses in such repeated fluctuations.

• 🕵️ Operation suggestion:BitCoin 96533.1 Sell Target Price 94152.0