7*24

Hot topic

Market

Activities

On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stockpiling, India's gold imports will remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which suppress fresh import demand. However, Citi has set a short-term gold price target of $4,500 for the next 0 to 3 months. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a less hawkish stance from the Federal Reserve. There are still numerous risks in the short term that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position. (Jin Shi)

[Citi: Short-term Gold Price Target Set at $4,500]On July 28, Citi stated that the baseline scenario indicates that, despite the third quarter historically being a peak season for seasonal stockpiling, India's gold imports will remain sluggish in the third quarter. This is due to ample scrap supply, cautious consumer sentiment, and local price discounts, which suppress fresh import demand. However, Citi has set a short-term gold price target of $4,500 for the next 0 to 3 months. The bank noted that this target assumes a de-escalation of tensions in the Strait of Hormuz and a less hawkish stance from the Federal Reserve. There are still numerous risks in the short term that could lead to a further decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position. (Jin Shi)

Citi: Short-term Gold Price Target Set at $4,500

On July 28, according to Yonhap News Agency, data released by the Bank of Korea on Tuesday showed that due to rising market interest rates, bank mortgage rates for households have increased for the second consecutive month, reaching the highest level in two years and seven months. The data indicated that the average interest rate for new loans from Korean banks was 4.31% last month, up 0.12 percentage points from the previous month. The average interest rate for corporate loans rose by 0.14 percentage points to 4.27%, while the interest rate for new household loans increased by 0.04 percentage points to 4.5%. In June, the average mortgage rate for households rose by 0.04 percentage points to 4.36%, marking the highest level since November 2023. The average interest rate for non-collateral household loans was 5.72%, up 0.23 percentage points from the previous month. The Bank of Korea stated that retail loan rates have continued to rise in recent months due to increasing market interest rates. Earlier this month, the Bank of Korea implemented its first interest rate hike in three and a half years.

[South Korea's Mortgage Rates Reach Highest Level in Over Two and a Half Years]On July 28, according to Yonhap News Agency, data released by the Bank of Korea on Tuesday showed that due to rising market interest rates, bank mortgage rates for households have increased for the second consecutive month, reaching the highest level in two years and seven months. The data indicated that the average interest rate for new loans from Korean banks was 4.31% last month, up 0.12 percentage points from the previous month. The average interest rate for corporate loans rose by 0.14 percentage points to 4.27%, while the interest rate for new household loans increased by 0.04 percentage points to 4.5%. In June, the average mortgage rate for households rose by 0.04 percentage points to 4.36%, marking the highest level since November 2023. The average interest rate for non-collateral household loans was 5.72%, up 0.23 percentage points from the previous month. The Bank of Korea stated that retail loan rates have continued to rise in recent months due to increasing market interest rates. Earlier this month, the Bank of Korea implemented its first interest rate hike in three and a half years.

South Korea's Mortgage Rates Reach Highest Level in Over Two and a Half Years

On July 28, the South Korean semiconductor sector experienced a significant decline. The Southern Double Long SK Hynix ETF (07709) fell by 27.08% during trading, closing at HKD 39.740; the Southern Double Long Samsung Electronics ETF (07747) dropped by 23.66%, closing at HKD 63.680.

[Southern Double Long ETFs for SK Hynix and Samsung Electronics Drop Over 20% in One Day]On July 28, the South Korean semiconductor sector experienced a significant decline. The Southern Double Long SK Hynix ETF (07709) fell by 27.08% during trading, closing at HKD 39.740; the Southern Double Long Samsung Electronics ETF (07747) dropped by 23.66%, closing at HKD 63.680.

Southern Double Long ETFs for SK Hynix and Samsung Electronics Drop Over 20% in One Day

Alex Vatanka, a senior fellow at the Middle East Institute in Washington, D.C., questioned President Trump's assertion that 'the recent two weeks of U.S. airstrikes forced Iran back to the negotiating table.' Vatanka stated that he does not believe Iran would simply concede due to U.S. military strikes. The message from Iran to the Trump administration has consistently been that time is on their side, and Iran can endure more suffering than the U.S. Therefore, they are willing to take risks. This is a dangerous gamble for Iran, but it has been their strategy in recent weeks, and no significant changes have been observed. Vatanka added that U.S. officials and sources in Washington are instead discussing the effectiveness of ongoing airstrikes against Iran, with most believing that these strikes are no longer effective. He suggested that this ceasefire appears more as a proactive move by the U.S. to see if there is still an opportunity for diplomacy.

[Analyst: Ceasefire is a U.S. Initiative, Not Iran Yielding to Airstrikes]Alex Vatanka, a senior fellow at the Middle East Institute in Washington, D.C., questioned President Trump's assertion that 'the recent two weeks of U.S. airstrikes forced Iran back to the negotiating table.' Vatanka stated that he does not believe Iran would simply concede due to U.S. military strikes. The message from Iran to the Trump administration has consistently been that time is on their side, and Iran can endure more suffering than the U.S. Therefore, they are willing to take risks. This is a dangerous gamble for Iran, but it has been their strategy in recent weeks, and no significant changes have been observed. Vatanka added that U.S. officials and sources in Washington are instead discussing the effectiveness of ongoing airstrikes against Iran, with most believing that these strikes are no longer effective. He suggested that this ceasefire appears more as a proactive move by the U.S. to see if there is still an opportunity for diplomacy.

Analyst: Ceasefire is a U.S. Initiative, Not Iran Yielding to Airstrikes

On July 28, trade.xyz announced that several core metrics on the platform have reached historical highs. The cumulative trading volume has reached $408.4 billion, with a cumulative weekend trading volume of $26.07 billion. Additionally, the platform's peak trading volume in 24 hours reached $5.6 billion, and the open interest size rose to $3.9 billion; the peak number of daily unique traders reached 60,600.

[trade.xyz Sets Multiple Historical Records with Cumulative Trading Volume of $408.4 Billion]On July 28, trade.xyz announced that several core metrics on the platform have reached historical highs. The cumulative trading volume has reached $408.4 billion, with a cumulative weekend trading volume of $26.07 billion. Additionally, the platform's peak trading volume in 24 hours reached $5.6 billion, and the open interest size rose to $3.9 billion; the peak number of daily unique traders reached 60,600.

trade.xyz Sets Multiple Historical Records with Cumulative Trading Volume of $408.4 Billion

On July 28, trade.xyz announced that several key metrics on the platform have reached historical highs. The total trading volume has reached $40.84 billion, with a cumulative weekend trading volume of $2.607 billion. Additionally, the platform's peak trading volume in 24 hours hit $5.6 billion, and the open interest rose to $3.9 billion; the peak number of daily unique traders reached 60,600.

[trade.xyz Sets Multiple Historical Records with Total Trading Volume Reaching $40.84 Billion]On July 28, trade.xyz announced that several key metrics on the platform have reached historical highs. The total trading volume has reached $40.84 billion, with a cumulative weekend trading volume of $2.607 billion. Additionally, the platform's peak trading volume in 24 hours hit $5.6 billion, and the open interest rose to $3.9 billion; the peak number of daily unique traders reached 60,600.

trade.xyz Sets Multiple Historical Records with Total Trading Volume Reaching $40.84 Billion

On July 28, Zhipu's stock price in the Hong Kong market plummeted by 20%, while MiniMax's stock price fell by over 11%. This decline came after the public release of the Kimi K3 model from the Dark Side of the Month.

[Hong Kong Stocks Plunge: Zhipu Falls 20%, MiniMax Drops Over 11%]On July 28, Zhipu's stock price in the Hong Kong market plummeted by 20%, while MiniMax's stock price fell by over 11%. This decline came after the public release of the Kimi K3 model from the Dark Side of the Month.

Hong Kong Stocks Plunge: Zhipu Falls 20%, MiniMax Drops Over 11%

On July 28, Steve Eisman, known for his role in 'The Big Short', issued a new warning that if any major tech giant cuts its artificial intelligence (AI) capital expenditures, the US stock market will 'plummet'. He pointed out that the current market has turned into a single trading environment that is completely reliant on the success or failure of AI. The market's perception of AI has changed dramatically compared to a year ago, when investors enthusiastically welcomed every increase in capital expenditure. 'The situation is now much more complicated. This doesn't mean it's all bad, but it is indeed much more complex.'

[The Big Short Prototype: Any Tech Giant Cutting AI Spending Will Cause US Stock Market to Plummet]On July 28, Steve Eisman, known for his role in 'The Big Short', issued a new warning that if any major tech giant cuts its artificial intelligence (AI) capital expenditures, the US stock market will 'plummet'. He pointed out that the current market has turned into a single trading environment that is completely reliant on the success or failure of AI. The market's perception of AI has changed dramatically compared to a year ago, when investors enthusiastically welcomed every increase in capital expenditure. 'The situation is now much more complicated. This doesn't mean it's all bad, but it is indeed much more complex.'

The Big Short Prototype: Any Tech Giant Cutting AI Spending Will Cause US Stock Market to Plummet

On July 28, Citi maintained its short-term gold price target of $4,500 per ounce for the next 0 to 3 months. This target assumes a de-escalation of tensions in the Strait of Hormuz and a shift to a less hawkish stance by the Federal Reserve. However, there are still numerous short-term risks that could lead to a decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position.

[Citi Maintains Short-Term Gold Price Target of $4,500]On July 28, Citi maintained its short-term gold price target of $4,500 per ounce for the next 0 to 3 months. This target assumes a de-escalation of tensions in the Strait of Hormuz and a shift to a less hawkish stance by the Federal Reserve. However, there are still numerous short-term risks that could lead to a decline in gold prices, including significant re-escalation, AI-driven de-risking operations, and the Fed's continued hawkish position.

Citi Maintains Short-Term Gold Price Target of $4,500

Y2KFinance, a stablecoin risk pricing protocol based on Arbitrum, will issue token Y2K via IFO, and users who provide initial liquidity to the protocol will be rewarded with Y2K tokens. The Y2K token allocation plan is as follows: 40% will be used for liquidity mining; 25% will be allocated to the treasury; 15% to the core team; 10% to the incubator; 5% will be allocated to investors; and the remaining 5% will be distributed in the IFO. Of these, the IFO will distribute 5% of the tokens to early stage liquidity providers over a 4 week period.

Detail

【Stablecoin risk pricing protocol Y2K Finance to issue token Y2K】Y2KFinance, a stablecoin risk pricing protocol based on Arbitrum, will issue token Y2K via IFO, and users who provide initial liquidity to the protocol will be rewarded with Y2K tokens. The Y2K token allocation plan is as follows: 40% will be used for liquidity mining; 25% will be allocated to the treasury; 15% to the core team; 10% to the incubator; 5% will be allocated to investors; and the remaining 5% will be distributed in the IFO. Of these, the IFO will distribute 5% of the tokens to early stage liquidity providers over a 4 week period.

Stablecoin risk pricing protocol Y2K Finance to issue token Y2K

Claude's Major New Feature: Screen Recording + Voice, Distilling Your Skills into AI Tasks in One Click

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

BUILDon loses 15% as Futures activity cools down — Another decline incoming?

Is Bitcoin nearing another accumulation zone? THIS signal says yes

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

Stablecoin risk pricing protocol Y2K Finance to issue token Y2K

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

Articles connexes

Tous les commentaires0RécentPopulaire

Sujets d'actualité

Articles connexes