What new signals does the Federal Reserve have? FED Governor Michelle Bowman reiterates the risk of inflation!
Abstract：Fed Governor Bowman: There are upside risks to inflation, the labor market continues to strengthen, and a cautious attitude will be maintained at the September meeting. Boston Fed President Collins: If the data is as expected, it would be appropriate to start easing policy "soon". Inflationary pressure will slow down the pace of U.S. interest rate cuts, which will be bullish for the dollar.
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Fed Governor Bowman: There are upside risks to inflation, the labor market continues to strengthen, and a cautious attitude will be maintained at the September meeting. Boston Fed President Collins: If the data is as expected, it would be appropriate to start easing policy “soon”. Inflationary pressure will slow down the pace of U.S. interest rate cuts, which will be bullish for the dollar.
The Nasdaq Stock Exchange is taking steps to remove suspicious companies with share prices below $1 per share, according to a document released on its official website last Thursday. The move is bullish for the Nasdaq and small-cap stocks.
Product Hot Comment
Forex
📝 Review:Last Friday, the US dollar index fluctuated in a range, approaching the 103 mark during the session. It eventually rose slightly by 0.055% to 103.16, still near a one-week high. US Treasury yields rose and fell. The benchmark 10-year US Treasury yield ended a three-day rise and closed at 3.946%; the two-year US Treasury yield, which is more sensitive to monetary policy, rose slightly to 4.063%.
🕵️ Operation suggestion:
USD/JPY 146.903 Sell Target Price 145.616
Gold
📝 Review:Spot gold rose for the second consecutive trading day, reaching a high of $2,436.99 per ounce, and finally closed up 0.16% at $2,431.14 per ounce. Spot silver finally closed down 0.3% at $27.46 per ounce.
🕵️ Operation suggestion:
Gold 2427.94 Sell Target Price 2403.94
Crude Oil
📝 Review:International crude oil recorded three consecutive gains on the daily chart, as concerns about the US economic recession eased and the geopolitical situation in the Middle East continued. WTI crude oil finally closed up 1.28% at $77 per barrel, while Brent crude oil finally closed up 0.99% at $79.7 per barrel.
🕵️ Operation suggestion:
WTI Crude Oil 75.759 Buy Target Price 76.684
Indice
📝 Review:The three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.13%, the S&P 500 up 0.47%, and the Nasdaq up 0.51%. The weight loss drug sector led the gains, with Eli Lilly (LLY.N) up 5.5% and Novo Nordisk (NVO.N) up more than 4%. Apple (AAPL.O) rose 1.37%.
🕵️ Operation suggestion:
Nasdaq 100 18504.250 Buy Target Price 18741.875
Crypto
📝 Review:From the overall market trend, Bitcoin is currently showing a trend of bullish forces taking advantage. As of the latest trading session, the price of Bitcoin is below $61,000, and signs of rebound have begun to appear on the daily level. The market is currently only showing a unilateral upward trend, and there is no sign of a correction. In this context, the risk of shorting Bitcoin in the short term is relatively high.
🕵️ Operation suggestion:
BitCoin 58603.4 Sell Target Price 57072.5
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