[Today's Market Outlook] Gold price breaks through $3,500 to set a new high, Japanese yen exchange rate rises above 140

Today's Market Outlook: 1. The three major stock index futures are rising, and gold stocks are generally up. 2. Gold prices have broken through $3,500, reaching a new high, currently reported at $3,444/ounce. 3. The Japanese yen exchange rate has risen above 140, with USD/JPY briefly dropping to 139.88. 4. Bitcoin continues to rebound, reaching a high of $88,874. 5. U.S. stocks are actively traded, and investors need to pay attention to Tesla's earnings report

Investment Insights - Here are today's five major financial events:

Three major stock index futures rise, gold stocks generally higher!

Before the opening of the U.S. stock market on April 22, three major stock index futures rose. As of 5:34 AM Eastern Time, Dow Jones futures rose by 0.87%, S&P 500 futures rose by 1.01%, and Nasdaq 100 futures rose by 1.05%.

Popular stocks generally rose, with NVIDIA (NVDA) up 1.54% and Tesla (TSLA) up 0.80%. Gold stocks generally rose, with Gold Fields (GFI) up 4% in pre-market trading and Harmony Gold (HMY) up 3%.

After the U.S. stock market closes, Tesla will announce its financial report, and investors should pay attention.

Gold price breaks $3,500 to reach a new high! Analysts remain optimistic about gold prices

Today, the gold price broke $3,500 per ounce, reaching a new historical high, and as of the time of writing, it has retreated to $3,444 per ounce.

On the news front, U.S. President Trump has demanded that Federal Reserve Chairman Powell immediately cut interest rates, threatening the economy if rates are not lowered. OCBC Bank strategist Christopher Wong believes that if the credibility of the Federal Reserve is questioned, it could weaken confidence in the U.S. dollar and accelerate the flow of funds into safe havens, including gold.

Yen exchange rate rises above 140! Attention on U.S.-Japan finance ministers' talks

The USD/JPY exchange rate briefly fell to 139.88, hitting a seven-month low. On April 24, Japanese Finance Minister Kato Katsunobu and U.S. Treasury Secretary Yellen will hold talks, with the depreciation of the yen seen as a strong bargaining chip to avoid tariffs.

Goldman Sachs predicts that by the end of the year, the USD/JPY will reach 135. They also warned that if the yen continues to strengthen, approaching 130 yen per dollar, the Bank of Japan may have to consider pausing its interest rate hikes.

Bitcoin continues to rebound, indicators show hot money inflow

The price of Bitcoin (BTC) continues to rebound, approaching the resistance level of $90,000, reaching a high of $88,874, the highest since March.

Currently, multiple indicators show that hot money is flowing into Bitcoin, which is expected to stimulate further increases. Among them, the Value Days Destroyed (VDD) indicator has returned to 2022 lows, suggesting that whales are starting to accumulate coins. Additionally, Bitcoin balances on exchanges have continued to decline over the past month, indicating a decrease in selling willingness.

U.S. stock trading volume sluggish, JP Morgan tactically remains bearish

Trading volume in U.S. stocks has sharply shrunk, with liquidity nearing historical lows. Goldman Sachs pointed out that buyers are on strike in a weak market. JP Morgan analyst Andrew Tyler stated that they are tactically remaining bearish.

Bank of America believes that investors should sell U.S. stocks on rallies in the second quarter until the Federal Reserve begins to cut interest rates and Trump reduces tariffs