Since the Fed announced that it would lower interest rates in 2024, the dollar has started to fall significantly. That's because when interest rates go down, the incentive to save money also goes down. So, the market is expecting the dollar to weaken further next year, which is great news for commodities.Plus, China recently decided to increase its bond purchases by $137 billion, which will help boost the domestic economy. China is the world's largest consumer of commodities, and the electric vehicle revolution and energy transition are also good for certain commodities. In particular, these three commodities are expected to get a boost in 2024.1.Copper $Copper - main 2403(HGmain)$ Copper is widely used in many industries, including transporta
NGmain (Natural Gas - main 2501)
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Natural Gas Price Forecast：Wait for a dip and go long？
For a long time, natural gas supply and demand have always been closely related to winter demand, showing seasonal characteristics. Historically, as homes and industries have increased their heating needs during the colder months, the demand for natural gas has surged, driving its price soaring. However, recent market dynamics suggest that volatility in natural gas is no longer limited to winter. As summer approaches, a number of factors are beginning to influence the market, suggesting that our view of natural gas seasonality needs to be changed.Demand patterns are changingIncreased power generation consumptionThe increase in natural gas for power generation is an important driver of demand during the summer months. As the world shifts to cleaner energy sources, natural gas is often seen
Silver, Copper and Natural gas will get a boost in 2024
Silver, Copper and Natural gas will get a boost in 2024
Natural Gas: Reversal Yet to Get Confirmation
$Natural Gas - main 2402(NGmain)$
Natural Gas: Reversal Yet to Get Confirmation
🎁2023 Recap:Tiger Community Top 10 Futures Market Predictions
Investment Year Rewind![Miser]2023's market rollercoaster is over, and it's time to assess gains (hopefully)[Cool], losses (ouch)[Cry], and most importantly, lessons learned.But before we dive into our own portfolios, let's crown the prophet of profits!We're awarding a prize for the most accurate asset prediction among articles from our top community accounts.Did their insights guide your investments?Which predictions surprised you the most?Join the discussion and share your own 2023 investing wisdom!1. @AlexPoonFOTrading: We might expect gold to hit a record high this yearHe pointed out on January 8 that the combination of several factors – dollar weakness, the end of F
🎁2023 Recap:Tiger Community Top 10 Futures Market Predictions
Inflation rises for second straight month,What the key indicators mean for the market?
While oil prices rebounded sharply, the CPI growth rate in the United States rebounded for the second consecutive month in August, and hit the biggest month-on-month increase in 14 months. The year-on-year growth rate of core CPI continued to slow down, but the month-on-month increase accelerated for the first time in six months, and the growth rate was higher than expected, highlighting the price pressure.According to the data released by the US Bureau of Labor Statistics, the year-on-year increase of CPI in the United States rebounded from 3.2% in July to 3.7% in August, which was the second consecutive month that the year-on-year growth rate rebounded, exceeding the expected 3.6%. In August, the month-on-month growth rate of CPI also accelerated from 0.2% in July to 0.6%, which was in l
Inflation rises for second straight month,What the key indicators mean for the market?
Oil Soars To New 2023 High After This Major Event Happened,$100 Oil Price May Not Be Far
At about 21:00 Beijing time, WTI crude oil price suddenly soared, with an increase of more than 1.35% within a few minutes, while Brent crude oil hit the $90/barrel mark for the first time since November last year. Affected by this, some domestic futures varieties continued to rise after opening at night, with the main contracts of feed oil and low-sulfur fuel oil (LU) rising by over 2% and SC crude oil rising by nearly 2%.PictureSaudis announced that it would extend the voluntary production reduction of 1 million barrels per day for three months.Russia announced that it will continue to voluntarily reduce the oil supply by 300,000 barrels per day until the end of December 2023.In addition, Saudi Arabia also indicated that it will review the voluntary production reduction decision every mo
Oil Soars To New 2023 High After This Major Event Happened,$100 Oil Price May Not Be Far
Fitch cuts US credit rating to AA+,Here is what it means for the market
Fitch Ratings, an international rating agency, downgraded the Long-Term Rating from "AAA" to "AA +", and its outlook changed from negative to stable. The reason is that the fiscal situation is expected to deteriorate in the next three years, and the government debt burden is high and increasing.PictureIn response, US Treasury Secretary Yellen immediately refuted it as "arbitrary and out of date".Former US Treasury Secretary Summers said: "There is no doubt about the solvency of the United States."The White House then issued a special statement saying, "At a time when President Biden achieved the strongest recovery of any major economy in the world,Downgrading the U.S. is Contrary to reality. "Indeed, if you just look at the small non-agricultural ADP data released tonight, you really have
Fitch cuts US credit rating to AA+,Here is what it means for the market
Hedge funds increase bets dollar will decline further, 3 opportunities ahead.
According to the Commodity Futures Trading Commission (CFTC),Hedge funds became net sellers of dollars last week for the first time since March, which means that the market has started voting with real money .This is why I want to remind you earlier that commodities should transition from rebound to reversal, and one of the main factors contributing to the rebound of Big A share is the break of the US Dollar Index.PictureThe US Dollar Index fell 2.24% last week, with the dollar losing the most against the Swedish kronor, Swiss franc and Japanese yen. The contribution of the euro, which has the highest weight, to the US Dollar Index's depreciation is basically close to its weight.In Europe, the reason for the higher euro/US dollar is the poor monetary policy expectations between the two cen
Hedge funds increase bets dollar will decline further, 3 opportunities ahead.
This round of Fed rate hike is coming to an end, what can we expect from it?
At 20:30 Beijing time, the data released by the US Bureau of Labor Statistics showed that the year-on-year increase of CPI in June in the United States continued to fall from 4% in May to 3%, which was lower than expected by 3.1%.It declined for the 12th consecutive month and was the lowest since March 2021;CPI rose by 0.2% month-on-month, higher than the previous value of 0.1%, but lower than the expected 0.3%.PictureSimultaneously, the core CPI-excluding food and energy-which economists believe is a better measure of potential inflation-rose 4.8% year-on-year, which was lower than the expected 5% and the previous value of 5.3%.It is the lowest since October 2021, but it is still far higher than the target of the Federal Reserve; The core CPI rose by 0.2% month-on-month, which was also lo
This round of Fed rate hike is coming to an end, what can we expect from it?
Two More Rate Hikes ahead this year？What Does it mean For Gold?
before the interest rate meeting here, there were four combinations of the Federal Reserve's interest rate meeting in June:First, rate hike 25 basis points + doves press conference;Second, rate hike 25 basis points + hawkish press conference;Third, stay put + doves press conference;Fourth, stay put + hawkish press conference.Obviously, if the Fed chooses 3, then precious metals will soar, and if it chooses 2, then precious metals will plummet. Both of them are actually small probabilities, and the final cash should be 1 and 4, while I firmly believes that it is 4,That is, before the interest rate meeting, bulls have an advantage, but the press conference is likely to be hawkish and market will dive.It's a pity that the volatility of gold price is limited in the end, and it didn't reach aro
Two More Rate Hikes ahead this year？What Does it mean For Gold?
Will the Fed cut interest rates after the inflation data is released?
At 20:30 on May 10th, Beijing time, the United States released inflation data for March.According to the U.S. Bureau of Labor Statistics,In April, the CPI of the United States increased by 4.9% year-on-year, falling for the tenth consecutive time, the smallest year-on-year increase since April 2021, expected 5%, previous value 5%; CPI rose by 0.4% month-on-month, with an expected value of 0.4% and a previous value of 0.1%.PictureThe core CPI excluding energy and food slowed down slightly from last month, up 5.5% year-on-year, which was the same as expected and the previous value was 5.6%; It increased by 0.4% month-on-month, expected to be 0.4%, and the previous value was 0.4%.In addition, the Federal Reserve loves "super core inflation", and the CPI of core services except housing slowed
Will the Fed cut interest rates after the inflation data is released?