Focus on the situation of an international market:
Currently, with the support of data, the optimistic expectations of the Federal Reserve's interest rate cut have increased, and the US stock market has also reached a record high. However, under the enthusiasm of the stock market, the risks themselves will also be magnified, so under the stimulation of data, the US stock market tonight should go through a wave of correction and cooling. If the risk market is too optimistic at present, the Fed's speech this week should also be "cooled down".
The risk market is trying to find more "evidence" to help consolidate the market's optimism. Once again, after the release of positive emotions, there must be some decline after the high emotions.
Currently, technology stocks have mixed gains and losses before the market opens, with mixed results, and the mood has obviously declined. Cion MSTR's stock price has fallen slightly.
Asian stock markets continued the gains of US stocks last night. A shares, Nikkei, and Hang Seng Index all closed higher during the day.
The US dollar index rebounded significantly after falling rapidly to 104. The US dollar rebounded after weakening against the Japanese yen during the day, and the US dollar weakened slightly against the RMB.
The 10-year US Treasury yield fluctuated greatly today and currently remains at 4.353%. The US Treasury price continues to strengthen.
In terms of international bulk commodities, international crude oil rebounded quickly after falling to US$81 yesterday. It has now rebounded to around US$83.33. International gold continued to be strong, reaching 2400 during the day and then fell back. It is currently quoted at US$2377.
The CME Bitcoin futures index is currently quoted at 66,545, continuing to maintain a positive premium of 700 points with the spot, and the bullish power in the futures market has increased significantly.
Bitcoin started a volatile sideways trend after breaking through and stabilizing at 65,700 yesterday. Stimulated by favorable data, the previously squeezed bullish sentiment has exploded, but how the price continues to stabilize and maintain an effective breakthrough still depends on the subsequent strength of market sentiment.
Let's pay attention to the Bitcoin market later.
