FPG ：The market's attention is currently centered on Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium. 1. [U.S. dollar index is hovering near two-month highs] The U.S. dollar index, which measures the greenback against a basket of major currencies, remains near two-month highs. This strength is partially attributed to expectations of a hawkish stance from the Federal Reserve, as well as concerns about the global economy. Higher U.S. interest rates tend to make the dollar more attractive to investors. Comments: The strength of the U.S. dollar is impacting various asset classes, including commodities like gold, which tend to move inversely to the dollar. It also reflects the market's anticipation of tighter monetary policy in the United States. 2. [China's property giant Evergrande faces further uncertainty] Troubled Chinese real estate giant Evergrande continues to face uncertainty as it navigates its financial troubles. Evergrande has sought protection in a U.S. bankruptcy court under Chapter 15 of the bankruptcy code, which shields non-U.S. companies undergoing restructuring from creditors. Comments: Evergrande's ongoing financial issues have raised concerns about potential spillover effects on the Chinese and global economies, particularly within the real estate sector. 3. [Tech stocks rebound as Treasury yields hit multi-year highs] Despite Treasury yields reaching multi-year highs, tech stocks experienced a rebound. The Nasdaq Composite, in particular, snapped a losing streak, gaining 1.6%. This is notable as rising yields can put pressure on growth stocks like those in the tech sector. Comments: The tech sector's performance amid rising yields indicates that investors are closely monitoring Fed Chair Jerome Powell's speech at the Jackson Hole symposium for potential insights into the future direction of interest rates and monetary policy. 4. **Biden's Potential Meeting with Saudi Crown Prince**: U.S. President Biden is reportedly considering a meeting with Saudi Crown Prince Mohammed bin Salman during the upcoming G20 summit in New Delhi. This comes amid strained relations between the U.S. and Saudi Arabia following the murder of journalist Jamal Khashoggi. Such a meeting could have implications for crude oil markets. 5. **Longevity of the Russian-Ukrainian Conflict**: Former Russian President and Vice Chairman of the Russian Federal Security Council, Dmitry Medvedev, suggested that the hostility between Russia and Ukraine could endure for many years, even decades. He characterized it as a "life-and-death conflict" and a battle for survival. 6. **Japanese Opposition to Nuclear Water Discharge**: Japanese fishery groups, represented by Masanobu Sakamoto, continue to oppose the discharge of nuclear-contaminated water from Fukushima into the sea. Despite assurances from Japanese Prime Minister Fumio Kishida that measures would be taken to support fishery practitioners, opposition to the discharge persists. These developments highlight ongoing geopolitical tensions and environmental concerns that can have significant implications for international relations and regional stability. They also underscore the importance of diplomatic efforts and environmental responsibility in addressing such issues. Thank you for sharing these insights from FPG special analysts. Here's a summary of their opinions: **Kina's Gold Analysis**: Kina notes that gold has been fluctuating within a range of $1885 to $1900. Despite a strong general account and surprising economic resilience, gold is facing pressure from the strengthening U.S. dollar. The market is closely watching Federal Reserve Chairman Powell's speech at the Jackson Hole seminar this week, as it could provide direction for the foreign exchange market and influence the short and medium-term trends in gold prices. **Dawson Daosheng's Dollar and Powell Outlook**: Dawson Daosheng highlights the uncertainty in the market as Federal Reserve Chairman Powell prepares to speak at the Jackson Hole Global Central Bank Annual Conference. After a five-week uptrend, the U.S. dollar index saw a respite on Monday. Powell's speech will be closely monitored for insights into the future path of monetary policy. **Dave's Crude Oil Perspective**: Dave notes a slight rise in U.S. crude oil prices during the Asian session but highlights ongoing concerns about the Asian economy and the strengthening U.S. dollar. These factors are seen as disadvantages for crude oil and other commodities. Crude oil futures have been trending slightly lower in recent weeks. **Yue Lin's Market Overview**: Yue Lin discusses investor attention on financial reports from retailers and technology stocks like Nvidia. Investors are also awaiting Federal Reserve Chairman Powell's speech at the Jackson Hole annual meeting, which has caused fluctuations in U.S. stocks. The U.S. bond market has experienced significant selling this month, erasing earlier gains. This week, the U.S. Treasury Department will auction 20-year bonds and 30-year general ledger-backed bonds (TIPS), with unpredictable demand that may require higher yields to attract investors. These insights provide a snapshot of the current market sentiment and the factors influencing various asset classes, including gold, the U.S. dollar, crude oil, and stocks. The upcoming Jackson Hole seminar is a key event being closely watched by investors. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex