Weekly

On March 24

Today's range:

U.S. crude inventories fell last week and Russia said it would cut supply by up to 1 million barrels a day over the next two months due to damaged pipelines, sending international oil prices higher and renewing concerns about inflation

Exacerbating the problem, gold is expected to fluctuate between 1900 and 1950. Today's recommended range is $1925 to $1953

Chinese regulators are considering helping Chinese companies listed abroad, offering to allow US regulators to inspect individual Chinese companies that do not collect sensitive data to facilitate their audit and audit work

Meet the listing requirements. The Hang Seng Technology index rose as much as nearly 5 per cent to close at 22,154, up 264 points or 1.21 per cent. Market turnover increased to HK $177.3 billion, the hang Seng index is expected to be at 22,000 points upstairs in the short term

Most of it. The russia-Ukraine war is still stuck, and there is no progress in the talks between the two countries, but Russia suddenly accused, the United States behind Ukraine, blocked the progress of peace talks, making the situation more complicated; But no matter

In any case, much of the world remains on the affected side, and Russia will bear the risk of more sanctions.

But the continuing fighting has pushed oil prices higher again, exacerbating global inflation. The UK released its latest inflation figures last night, which beat expectations and hit a 30-year high of 6.2% on an annual basis. Markets worry

Fears of inflation forced the European Central Bank and the Bank of England to step up interest rates, the three major European stock markets fell, Germany's DAX index fell 1.34%; In Paris, the CAC index fell 1.17%; Britain's FTSE 100 index

Fell 0.26%. Russia because of the invasion of Ukraine and international sanctions, Russian crude oil exports are partly limited, and other oil group countries do not agree to increase production, so make supply and demand imbalance, from Russia's invasion of Ukraine that day, namely

Crude oil prices have risen by more than 20% since February 24th.

Just yesterday, Russia said its main oil pipeline had been damaged by storms and needed repairs. It said supplies would be reduced in the next two months. It expects a total reduction of 60 million barrels in the next two months

Oil prices rose more than 6 per cent yesterday, stoking fears of worsening inflation and sending Wall Street's three main indexes lower, with the Dow down 1.29 per cent. The STANDARD & Poor's 500 index fell 1.23%; The Nasdaq fell 1.32%.

U.S. crude oil inventories fell last week and Russia said it would cut supply by up to 1 million barrels a day over the next two months due to damaged pipelines.

Fed official James Bullard added that inflation was not a little too much, but a lot more. Gold regained investor interest, trading as low as $1,915.6 and as high as $1,948.4 before closing at 1,944.6

The dollar closed up $23.6.

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