Express News | UN Secretary-General: There is a need to establish more representative peace institutions.
Express News | gtja: Chemicals are determined as a repair direction for the economic late-cycle sector.
Everbright Futures: The easing of the situation in the Middle East has significantly reduced the safe-haven appeal of gold.
On November 25, comex gold experienced a significant decline, closing at $2,626.4 per ounce, down 3.16%. The domestic SHFE gold overnight trading fell to 608.20 yuan per gram, a decline of 2.80%. Geopolitically, Israel has agreed to indirect ceasefire negotiations with Hezbollah, and the ceasefire agreement will be implemented in three phases. According to CCTV news, media reports indicate that Israel and Hezbollah have reached an agreement on the ceasefire terms, and it is said that Israel's security cabinet will meet to approve the ceasefire agreement with Hezbollah. Consequently, the safe-haven properties of gold have decreased, previously having included risk premiums in prices for gold, crude oil products, and other commodities.
Express News | TrendForce: It is expected that the global notebook computer shipments will be 0.174 billion units in 2024, a year-on-year growth of 3.9%.
Everbright Futures: The probability of a Federal Reserve interest rate cut in December is low. Pay attention to the development of geopolitical situations.
Last week, the comex gold price rose by 6.85% to $2743.20 per ounce, while the Shanghai gold main contract increased by 5.46% to 627.88 yuan per gram. In terms of geopolitics, the commander of Russia's missile forces stated that the new missiles are capable of striking targets across europe. Regarding interest rate cuts, the Federal Reserve announced details of the forthcoming framework review, which will not include the 2% inflation target, focusing instead on strategic statements and communication tools. The review will include public 'Federal Reserve Listening' events held nationwide, and discussions among policymakers will begin at the January meeting. The latest CME 'FedWatch' data shows.
Express News | Why is the market adjusting? The latest interpretations from several funds.