EUR/USD
1.15320
-0.064%
Gold
4996.22
-0.198%
Oil
93.382
-1.929%
USD/JPY
158.980
-0.008%
GBP/USD
1.33517
-0.025%
GBP/JPY
212.271
0.028%
Real-time News
On March 18, the Taiwan Affairs Office of the State Council held a regular press conference. According to Reuters, a large-scale US arms sale to Taiwan, including advanced interceptor missiles, is about to be submitted to President Trump for approval, and Trump may sign it after his visit to China. What is your comment on this? Chen Binhua, spokesperson for the Taiwan Affairs Office, stated that we firmly oppose relevant countries selling weapons to Taiwan, and this position is consistent and clear. The US should adhere to the one-China principle and the three Sino-US joint communiqués, handle the issue of arms sales to Taiwan prudently, and take concrete actions to safeguard the stability of Sino-US relations and peace across the Taiwan Strait.Futures Commentary by Everbright Futures: Overnight, international gold prices were mixed. London spot gold fluctuated narrowly, COMEX gold futures rose 0.18%, and SHFE gold fell 0.16%. The Federal Reserve will hold its March interest rate meeting early Thursday morning Beijing time. This meeting will focus on three key areas: 1. Whether monetary policy will shift. The meeting will release the latest dot plot. At the December meeting, officials were divided, with the median expectation being one rate cut (25 basis points) this year. The focus this time is whether further rate cuts are possible. 2. The Summary of Second Quarter Forecasts (SEP). Fed officials will make predictions on inflation and economic trends, especially the actual impact of the March oil price surge on inflation. 3. The Fed Chairmans post-meeting remarks. This is the first Fed meeting since the Middle East conflict. Facing rising oil prices, weak employment, and legal investigations, Chairman Powells statements at the press conference are worth watching, especially how he assesses the "two-way risk" of the oil price surge triggered by the Middle East conflict on inflation and growth. Gold may experience increased volatility after the meeting; cautious trading is advised. 4. Geopolitically, the US-Iran conflict remains unresolved. Trump stated that most NATO allies have indicated their unwillingness to be involved in US military action against Iran, and that the US "does not need anyones help." Israel stated that two senior Iranian officials have been "eliminated." 5. The US-Iran conflict remains the focus of gold trading. A buy-on-dips strategy is recommended. Regardless of future inflation or stagflation expectations, golds strategic allocation position will increase. Liquidity concerns have actually provided investors with an opportunity to buy and hold at lower prices. (This content and opinion are for reference only and do not constitute any investment advice.)According to NHK, the Japan-US summit will issue a joint statement agreeing to a second round of investment exceeding 11 trillion yen.S&P Global: Middle East wars will exacerbate volatility for South Korean oil refining companies.South Korean envoy: We have successfully avoided the worst-case scenario in the oil sector.
