Year1
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- 15cm*20cm
- 规格：
- 20cm*30cm
- 规格：
- 30cm*40cm
International spot gold opened at USD 0.00 today (June 20) and rose slightly in early trading. Federal Reserve Chairman Yellen will give a speech this evening. Trading was cautious before. Spot gold's white trading fluctuations on Wednesday and Thursday were basically USD. It has been rare recently, and the price trend is still bearish. We currently maintain a high-altitude approach, but Yellen's speech today may cause violent fluctuations, and the operation will cause serious losses for short positions.
Fundamental Analysis
The friction between warships in the Strait of Hormuz between the United States and Iran boosted oil prices, and the Saudi Oil Minister did not need to intervene to limit the increase.
The electronic trading price of U.S. crude oil futures closed up .USD on Thursday (Month), or .%, at .USD/barrel. U.S. oil did not extend Wednesday's losses, but rose by more than % due to tensions between U.S. and Iranian warships in the Persian Gulf and market speculation that the Federal Reserve Chairman's speech on monetary policy will depress the dollar. However, Saudi Energy Minister Falih said there was no need for large-scale intervention in the market, which narrowed the rise in oil prices. The electronic trading price of Brent crude oil futures closed up .USD, or .%, at .USD/barrel.
A meeting with non-oil-producing countries and consuming countries will be held on the sidelines of the Global Energy Forum to be held in Algeria on October 1. Speculations that some form of production restriction agreement will be reached at the meeting have been rampant recently. However, the efforts of oil-producing countries to limit production this year ended in failure. Based on the lessons of the past, most institutions are still relatively pessimistic about the prospects of this production freeze.
According to CNN, a U.S. Navy official said that a Japanese Iranian Revolutionary Guard ship conducted a high-speed interception of the USS Nitze destroyer in the waters near the Strait of Hormuz. Two of the Iranian warships slowed down and turned away after approaching within yards of the US destroyer (approximately 300 feet), and at this time the US destroyer had sent them multiple warnings. The official emphasized that this incident once again highlighted the huge challenges faced by the United States in the Strait of Hormuz.
Saudi Energy Minister Falih said in an interview that he did not think the oil market needed any major intervention. His speech once again cast doubt on the prospects of OPEC's production freeze, and oil prices gave up some of their gains. Falih said that no specific and substantive discussions have been held on the production freeze and current production, and no decision has been made on limiting oil production. There is no need for large-scale intervention in the market, as global crude oil demand is rebounding well. Falih also said that Saudi Arabia’s current oil production is basically the same as last month. Global oil demand is currently increasing. If the childbirth is frozen, it will have a positive effect.
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