Pay attention to the situation of the international financial market:
At present, the theme of the US stock market is still optimistic about the expectation of interest rate cuts. The optimistic interest rate cut in December is 45 basis points. At the same time, with the profitability of the banking industry, the sentiment of the US stock market is good. Although there is a lack of important data this week, the Fed officials have spoken frequently. What kind of views will these officials express and what trend will the US stock market take?
After the rise of the US stock market last night, the S&P and the Nasdaq are about to hit the historical highs, and they are in a state of refreshing the historical height. The performance of technology stocks last night was also good. However, I personally think that the US stock market should not refresh the high in the near future, otherwise the overheated stock market will still cause the risk of excessive market bubbles. The speeches of the Fed officials this week may once again guide market opinion to adjust the trend of the US stock market, or boost or cool it down, depending on the natural sentiment trend of the US stock market.
The current pre-market trend of technology stocks is weak. Several of the seven technology giants that rose yesterday fell slightly before the market today, while Google and Apple rose before the market.
Asian stock markets, A shares, continue to rise. Many people have already felt the bull market of A shares, but combined with the global financial environment, it is still necessary to remain objective and calm. The Nikkei index closed higher, while the Hang Seng index fell slightly.
Although the US dollar index is falling, it is still stable around 105. The 10-year US Treasury yield has fallen again, and the price of US Treasury bonds continues to rise. This has further enhanced the ability of US Treasury bonds to attract money. Under the premise of unstable economic prospects, US Treasury bonds have a blood-sucking influence on the risk market.
The international situation is still complicated, with frequent actions in the Middle East and West Asia. However, before the geopolitical crisis is magnified again, the mood is relatively stable at present. Gold continues to remain around 2322, and crude oil prices have fallen slightly to around US$83.
CME Bitcoin futures are currently quoted at around 64,120, continuing to maintain a positive premium of 480 points with the spot price. The positive premium in the futures market has increased, and bullish sentiment is gradually accumulating.
Bitcoin continues to hover around the key mid-line position of the daily line. The 4-hour closing is imminent. Beware of short-term fluctuations after the opening of the US stock market tonight. Let's take a look at the Bitcoin market analysis later.