Fed's Bostic Expects Two Rate Cuts This Year; Gold Hits $2954, New Record High!

TOPONE Markets | 2025-02-21 11:23

Sommario：Hot spot tracking The number of initial jobless claims in the United States for the week ending February 15 was slightly higher than expected, at 219,000, higher than the expected 215,000. The prev

Hot spot tracking

The number of initial jobless claims in the United States for the week ending February 15 was slightly higher than expected, at 219,000, higher than the expected 215,000. The previous value was revised from 213,000 to 214,000. The increase in the number of initial jobless claims indicates an increase in the number of newly unemployed people in the US, foreshadowing a deterioration in the US employment environment. This news is bearish for the US dollar.

US President Trump: Lumber tariffs may be announced around April 2. Timber tariffs will affect U.S. overseas timber trade and will also indirectly affect U.S. economic data. This news is bearish for the US dollar.

Musk's Grok tops the list of free apps on the US AppStore. This news is good news for Tesla's US stock.

Product Hot Comment

Forex
ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲0.73%1.050111.04974GBP/USD▲0.67%1.266811.26658AUD/USD▲0.86%0.640260.64019USD/JPY▼-1.14%149.666149.546GBP/CAD▲0.27%1.79551.79534NZD/CAD▲0.56%0.816510.81664
📝 Review:On Thursday, the U.S. dollar index fell unilaterally throughout the day due to "tariff fatigue". It eventually fell below the $107 mark and closed down 0.73% at 106.38. The benchmark 10-year U.S. Treasury yield closed at 4.5110%; the two-year U.S. Treasury yield closed at 4.2850%. The dollar fell below the 150 mark against the yen for the first time since December 9 last year, closing down 1.21%. The Russian ruble rose against the dollar, breaking above 90 for the first time since last summer.
🕵️ Operation suggestion:USD/JPY 149.421 Sell Target Price 148.769

Gold
ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.19%2939.12937.79Silver▲0.72%32.93932.92
📝 Review:Risk aversion was boosted again as Trump said lumber tariffs could be announced around April 2. Spot gold hit $2,954.93, its tenth high this year. But gold began to fall after U.S. Treasury Secretary Jeff Bessant said he had no intention of reassessing the value of gold reserves. It finally closed up 0.21% at $2,939 per ounce. Spot silver finally closed up 0.80% at $32.95 per ounce.
🕵️ Operation suggestion:Gold 2941.09 Buy Target Price 2955.60

Crude Oil
ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲0.63%72.52672.531Brent Crude Oil▲0.58%76.276.201
📝 Review:Oil prices rose for a third day as data showed a drop in U.S. gasoline and distillate inventories, while concerns about supply disruptions in Russia also supported prices. WTI crude oil finally closed up 0.64% at $72.53 per barrel; Brent crude oil closed up 0.70% at $76.57 per barrel.
🕵️ Operation suggestion:WTI Crude Oil 72.615 Buy Target Price 73.371

Indice
ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-0.46%22043.5522076.55Dow Jones▼-0.90%44165.644197.2S&P 500▼-0.40%6112.156117.95US Dollar Index▼-0.68%106.12106.23
📝 Review:The Dow Jones Industrial Average closed down 1%, the S&P 500 fell 0.4%, and the Nasdaq fell 0.47%. Walmart (WMT.N) fell 6.5%, while Tesla (TSLA.O) and Amazon (AMZN.O) both fell more than 1.5%. The Nasdaq China Golden Dragon Index closed up 1.6%, Alibaba (BABA.N) rose 8.1%, GDS (GDS.O) rose nearly 13%, and NetEase (NTES.O) fell more than 2%.
🕵️ Operation suggestion:Nasdaq 100 22090.250 Buy Target Price 22235.719

Crypto
ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲1.61%9802798057.5Ethereum▲0.17%2723.92725.9Dogecoin▼-0.81%0.25120.25209
📝 Review:Judging from the overall trend, Bitcoin's market currently shows a clear bullish advantage. As of the time of publication, the price of Bitcoin was below 97,500 points. At present, all technical indicators tend to be bullish, and it is expected that the market may usher in a wave of increases in the evening, so the current profit and loss ratio of bulls is relatively ideal.
🕵️ Operation suggestion:BitCoin 96487.0 Buy Target Price 100028.3