Global markets experience intense volatility! Multiple risk factors drive shifts in investment strategies

Gold and Silver Surge Together, Precious Metals Market Continues to Heat Up

The precious metals market has recently performed remarkably. Gold prices once reached $4497 per ounce, while silver rose to $70 per ounce, with both commodities hitting new highs. Industry experts are optimistic about the future, with research firm Yardeni Research raising its gold target price, predicting it will climb to $6000 per ounce by the end of 2026, reflecting market confidence in precious metals.

Key Moment for US Economic Data, GDP Becomes Market Focus

Tonight at 21:30, the US will release its Q3 GDP data. The market generally expects an annualized growth rate of 3.3%, a slowdown from 3.8% in Q2. Economic data has a profound impact on the dollar outlook: if the data exceeds expectations, it will support a stronger dollar; otherwise, it may weaken the dollar. As of press time, the US dollar index has fallen by 0.30%, to 97.94, with subsequent volatility to watch.

Tech Stocks Lead the Rally, Futures Generally Rise in Early Trading

The three major US stock index futures generally rose at the opening. Dow, S&P 500, and Nasdaq 100 futures increased by 0.03%, 0.03%, and 0.06%, respectively. Popular tech stocks showed mixed performance, with Nvidia slightly up by 0.05%, while Tesla led with a 0.29% gain, with its stock price once again reaching $498, setting a new record.

Yen Reverses Course, Government Intervention Signals Clear

The Japanese government has recently shifted its stance on currency market volatility. Japanese Finance Minister Shunichi Suzuki and Deputy Finance Minister Masato Kanda both stated that the yen has experienced sharp unilateral fluctuations recently, and the government is prepared to take necessary action. Market expectations of intervention are close, with USD/JPY dropping over 0.70% to close at 155.90, marking the second consecutive trading day of decline.

Geopolitical Tensions Rise, Energy Supply Risks Emerge

The global energy landscape faces multiple tests. The US intercepting Venezuelan oil tankers, Ukraine striking Russian energy facilities, and Israel contemplating military action against Iran all ignite concerns over potential oil supply disruptions. As a result, oil prices have risen for two consecutive days, with WTI crude at $58.05 per barrel and Brent crude at $62.10 per barrel, currently showing oscillating trends.

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