Blinken claimed that Israel has accepted the ceasefire agreement; crude oil fell more than 2%, and the US dollar index hit a new low in 7 months!

Hot spot tracking

• Middle East situation-Blinken said Netanyahu has accepted the latest ceasefire agreement. Hamas responded: “No agreement will be reached unless Hamas' conditions are met and the content of previous UN resolutions is complied with.” An end to the war will be bad for crude oil and gold.

• Minneapolis Fed President Kashkari: The weak job market should open the door to a rate cut in September, and there is no reason to cut more than 25 basis points. Bullish for the US dollar.

• ECB board member Rehn: The recent increase in the risk of negative growth in the euro zone further strengthens the case for the ECB to cut interest rates at its next monetary policy meeting in September. Bullish for the euro.

Product Hot Comment

• Forex

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  EUR/USD	▲0.54%	1.10847	1.10849
  GBP/USD	▲0.37%	1.29909	1.29889
  AUD/USD	▲0.97%	0.67346	0.67332
  USD/JPY	▼-0.73%	146.602	146.581
  GBP/CAD	▲0.05%	1.7709	1.77034
  NZD/CAD	▲0.72%	0.8334	0.83301

  📝 Review:On Monday, the US dollar index continued to fall, falling below 102 for the first time since January this year. It finally closed down 0.537% at 101.86. US Treasury yields were almost flat, with the benchmark 10-year US Treasury yield closing at 3.876%; the two-year US Treasury yield finally closed at 4.07%. EUR/USD rose to a new high for the year, boosted by a lower dollar.

  🕵️ Operation suggestion:

  USD/JPY 146.509  Sell  Target Price  144.393

  
  

• Gold

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Gold	▼-0.18%	2504.23	2503.71
  Silver	▲1.53%	29.428	29.42

  📝 Review:Spot gold fluctuated at a high level, falling below the 2490 mark during the session. But then it quickly rose, almost recovering all the losses during the day. It finally closed down 0.14% at $2504.31 per ounce. Spot silver finally closed up 1.48% at $29.45 per ounce.

  🕵️ Operation suggestion:

  Gold 2504.48  Buy  Target Price  2513.49

  
  

• Crude Oil

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  WTI Crude Oil	▼-2.12%	73.737	73.733
  Brent Crude Oil	▼-1.78%	77.375	77.365

  📝 Review:International oil prices continued to fall as the prospect of Gaza peace talks reduced supply risks and the economic weakness of major oil importing countries may curb demand. WTI crude oil fell further in the US market, hitting a low of $73.37 per barrel, and finally closed down 2.2% at $73.74 per barrel; Brent crude oil finally closed down 2.14% at $77.38 per barrel.

  🕵️ Operation suggestion:

  WTI Crude Oil 73.536  Buy  Target Price  75.528

  
  

• Indice

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  Nasdaq 100	▲1.11%	19754.35	19779.75
  Dow Jones	▲0.44%	40869.4	40909.3
  S&P 500	▲0.72%	5601.15	5608.25
  	▼0.00%	17559.3	17559.3
  US Dollar Index	▼-0.42%	101.7	101.63

  📝 Review:The three major U.S. stock indexes closed up collectively, with the Dow Jones Industrial Average up 0.58%, the S&P 500 up 0.97%, and the Nasdaq up 1.39%. Tesla (TSLA.O) rose 3%, Nvidia (NVDA.O) rose 4.3%, and Google (GOOG.O) rose 2%. The Nasdaq China Golden Dragon Index closed up 1.38%, Alibaba (BABA.N) rose nearly 1%, and Li Auto (LI.O) and Xpeng Motors (XPEV.N) rose by around 4%.

  🕵️ Operation suggestion:

  Nasdaq 100 19762.850  Buy  Target Price  19945.174

  
  

• Crypto

  Product	Yesterday's Change	Yesterday's Close	Today's Open
  BitCoin	▼-0.57%	59100.5	58940.7
  Ethereum	▼-1.01%	2616.8	2615.3
  Dogecoin	▼-0.67%	0.10044	0.10027

  📝 Review:From the overall trend, the current Bitcoin market shows a clear short-side advantage. As of today's opening, the Bitcoin price has fallen below 59,000 points, and today it has further dropped below 58,000 points, reaching a low of 57,750 points. However, the price encountered strong support around 57,600 points and began to rebound. Therefore, around 57,600 points is still considered a favorable time for long investors to increase holdings.

  🕵️ Operation suggestion:

  BitCoin 59383.5  Sell  Target Price  57637.1