Hot spot tracking

  • US PMI data showed a rebound in economic growth in the third quarter. The S&P Global Services PMI rose to 56.5 in August from 54.6, lower than the initial reading of 56.8, but still recorded a significant increase, reaching its highest level since December 2024. This news is bullish for the US dollar and US stocks, but bearish for gold.
  • Federal Reserve Governor Waller stated that if August inflation data is higher than expected, a rate hike will be considered; if inflation improves, the Fed will likely maintain current interest rates. This news is positive for the US dollar.
  • US diesel prices rose to their highest level since mid-2022, nearing record highs. This news is bullish for crude oil.

Product Hot Comment

  • Forex
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  • Gold
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  • Crude Oil
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  • Indice
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