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Guangda Futures: Escalation of Russia-Ukraine situation boosts gold prices due to safe-haven properties.
On November 20, comex gold fluctuated after falling first, closing at $2654.1 per ounce, up 0.88%. Domestic SHFE gold night trading fluctuated and rose, closing at 615.24 yuan/gram, up 0.67%. Geopolitically, British media reported that Ukraine used the "Shadow of the Storm" cruise missile provided by the united kingdom to attack targets within Russia for the first time, boosting safe-haven assets, gold rose for three consecutive days and hit a one-week high. However, Federal Reserve officials have made hawkish statements one after another. Federal Reserve hawkish board member Bauman said that inflation progress seems to have stalled, leaning towards cautiously proceeding with rate cuts. Federal Reserve board member Cook believes that if
Here's Why GEO Group (NYSE:GEO) Has A Meaningful Debt Burden
IMF lowers south korea's economic growth forecast for the next two years.
The International Monetary Fund (IMF) on Wednesday downgraded its expectations for south korea's economic growth, pointing out that this export-dependent country faces increasing adverse factors, echoing growing concerns among economists. Rahul Anand, head of the IMF delegation in south korea, announced in Seoul that the organization has cut its forecast for south korea's economic growth in 2025 from 2.2% to 2%. He stated, 'The uncertainty of the outlook remains high, and the risks are tilted to the downside.' The IMF also lowered its 2024 economic growth expectation for south korea from 2.5% to 2.2%. Anand was in Seoul.
10 Industrials Stocks Whale Activity In Today's Session
Guangda Futures: Geopolitical tensions causing disturbances, pay attention to whether gold is changing its style.
Last week, the price of gold on comex fell by 4.62% to $2567.40 per ounce, while the night trading of gold on the main board in Shanghai fell by 3.60% to 593.30 yuan per gram. In terms of geopolitics, the USA has allowed Ukraine to use weapons to attack targets within Russia, beware of the escalation of Russia-Ukraine tensions before Trump took office. On the interest rate front, Guerspé, the Federal Reserve, said: "We will consider interest rate cuts based on the Fed's September dot plot. Personally, I prefer not to move directly towards the neutral rate. When approaching the neutral rate, we should slow down our pace since the neutral rate is significantly lower than the current level of the Federal Reserve's policy rate."
U.S. stock market anomaly | Prison concept stocks rise, with the geo group inc (GEO.US) up more than 4%.
As of the time of writing, the stock has risen by over 4%, trading at 26.56 dollars.
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I Am 102927471 :
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