Overnight gold continues to rise and break through key resistance, today may be a calm day? Unless these situations occur
Hang Seng Index futures closed up 1.58% at 20,278 points and 352 points at a high level.
The FTSE China A50 index closed 1.02 per cent higher at 13,114 in overnight trading.
According to Weibo's trending topic list, "Trump's price skyrocketed by 400% overnight" was ranked 40th on Weibo's trending topic list. A related search on Weibo read "Cryptocurrency President Trump skyrocketed to $28 billion overnight, thanks to Trump's virtual currency'TRUMP ', which increased his estimated net worth by 400%."
On January 19, according to estimates by blockchain analysis platform Arkham Intelligence, the "cryptocurrency president" Trump's net worth skyrocketed to $28 billion overnight, thanks to Trump's issued virtual currency "TRUMP", which increased his estimated net worth by 400%. The token reached $28, and Trump's affiliates CIC Digital LLC and Fight Fight LLC controlled 80% of the supply. The value of his cryptocurrency holdings alone soared to $22.40 billion. As a background, Forbes valued Trump'...
The overnight repurchase rate on the Shanghai and Shenzhen exchanges rose to more than 6%, with the highest increase of more than 7% in the GC001 day.
Friday's overnight index swaps showed a 99 per cent chance of the BoJ taking action at its January 23-24 meeting, up sharply from 71 per cent on Wednesday. Kazuo Ueda, BoJ governor, reinforced market expectations on Wednesday, with his comments pushing the yen higher. He said the central bank would make a decision on rate hikes next week, adding that...
The Fed meeting notes released overnight were cautious in tone, but more "connotation" of the potential impact of Trump's policy. The market is waiting for the arrival of non-farm data, and the US index will maintain range volatility before the arrival of strong catalysts? > >
FTSE China A50 index futures rose in short-term overnight trading and are now up more than 1%.
Gold prices rallied along the trend line, but analysts believe that the overnight rally cannot confirm the momentum of gold to rise further, which may be a "fake move". But gold bulls are still dominant, and a break above this moving average is expected to rebound further > >
The November CPI released overnight helped gold break through the recent shock range, but the fall in today's opening seems to indicate that gold may return to the shock range.
Hang Seng Index futures closed up 3.43% at 21,359 points, with a high of 945 points.
The small non-farm data released overnight was lower than expected, but Federal Reserve Chairperson Powell's speech was relatively conservative. The expected interest rate cut in December did not change much, and gold maintained a volatile trend. Tomorrow's non-farm data is coming, can gold make a breakthrough? > >
Does the overnight rebound in oil prices mean that the bulls are sounding the horn of counterattack? Analysts say it is not to be taken lightly, and the major resistance above may still limit the rise in oil prices. A suitable trading strategy in the near future is... > >
The mixed economic data overnight failed to propel gold out of a breakthrough after Monday's slump. Analysts said gold may still be in a neutral bearish trend until it breaks through... > >