Weekly

Do the opposite.

2022-03-10

On March 10

Today's range:

The uae is likely to support Opec and its Allies in increasing production, and U.S. Energy Secretary Granholm has instructed U.S. refiners to ramp up production as quickly as possible to increase short-term supplies,

Gold closed below $2,000 after short-sellers took advantage of crude oil prices to recoup a more than 10% drop in global oil prices in an effort to stave off a surge in energy prices.

The sharp move in gold prices over the past two days amid the russia-Ukraine war is a reflection of this sentiment. If gold can find support at $1965, there is still a chance of another $2000. Today's recommended amplitude is 1970

Us $to $1,995.

Russia and Ukraine are locked in a war. Despite Russia's announcement that it will reopen humanitarian corridors to allow some residents to evacuate the heavily bombed city, Russian military shelling in the Ukrainian capital Kiev has not stopped.

Similarly, Hong Kong stocks affected by the epidemic, coupled with the external impact of the russia-Ukraine war, the decline continues. Hong Kong stocks opened higher yesterday, up nearly 200 points at most, but the rally did not last, and then fell back, down nearly 600 points at most,

The Hang Seng index closed down 138 points, or 0.67 percent, at 20, 627. President Joe Biden has formally announced that the United States will ban imports of Russian oil and energy in response to Russia's invasion of Ukraine

LAN's action; Russian President Vladimir Putin knows that sanctions on Russian oil exports will hit the Russian economy hard, but they will also affect crude supplies, lead to higher energy prices, and ultimately hurt the world economy,

Is the so-called annihilation of the enemy 1000 and self loss 800, so Putin also made verbal provocation, to the Western sanctions countries to make a threat, said that once the Russian oil embargo, crude oil prices will reach 300 DOLLARS a barrel!

But whether it was an invisible hand or a willing hand, international crude oil prices fell sharply yesterday and Europe's main stock markets surged, with Germany and France up more than 7 per cent. Germany's DAX index rose 7.92%;

In Paris, the CAC index rose 7.13%; Britain's FTSE 100 index rose 3.25 percent. Speculation that the UAE could support Opec and its Allies in increasing production, coupled with a directive from U.S. Energy Secretary Granholm, could lead to anything

Oil and gas companies that are increasing supply should ramp up production quickly and responsibly as much as possible in the short term to offset the energy price spike. Oil futures fell sharply in New York, down 12% per barrel in response

The money fell below $110. Equities rallied as commodity prices retreated, with the Dow up 2%; The S&P 500 rose 03.09%; The Nasdaq rose 3.95%. Gold had its second straight day of rallies,

Only two days completely contrary to the way, but one day the big rise and the day fell. Gold fell back to 2000 yesterday as gold bears took advantage of international crude oil prices to recover after a $52 rally

Closed below the dollar; It traded as low as $1976.2 and as high as $2059.2 before closing down $57.6 at $1992.5.

For detailed analysis and suggestions, please CLICK the link below to join the group and contact the administrator
https://t.me/mingtakchat



Previous Article Next Article