Express News | Iranian Official: If Attacked Again, Iran May Choose to Increase Uranium Enrichment to 90%
Gold Tests the 4700 Mark: With Inflation Returning Strongly, How Much Upside Momentum Remains for the Bulls?
On Tuesday, May 12, spot gold prices were trading near USD 4,700 per ounce during the North American session. After reaching an intraday high of USD 4,773.37 per ounce, prices retreated to around USD 4,693.83 per ounce. The middle Bollinger Band was located at USD 4,703.12 per ounce, with the upper band at USD 4,873.44 per ounce and the lower band at USD 4,532.80 per ounce. On the same day, a senior official of the Iranian Revolutionary Guard Navy announced a significant expansion of the defined operational area in the Strait of Hormuz. Meanwhile, the US Consumer Price Index (CPI) for April rose 3.8% year-over-year, surpassing market expectations. Coupled with the deadlock in US-Iran negotiations, risk-averse sentiment in the market intensified.
Nasdaq Opens Lower After April Data Shows Surge in Prices -- WSJ
Major Wall Street banks analyze the crude oil market: 'A race against time'! Whether oil prices will break records depends on June.
Oil Price 'June Judgment Day': If China and the US buffer runs out, Brent crude oil may surge to a historical high.
Oil price shocks and the 'K-shaped economy' drive up expectations for interest rate hikes! South Korea's 10-year government bond yield breaks 4% for the first time in three years.
Amid the inflationary impact triggered by the Middle East war-induced oil price shock and the growth-supporting boom in memory chip demand driven by artificial intelligence (AI) infrastructure development, the market is repricing the path of South Korea's monetary policy.
U.S. April CPI Rises 3.8% YoY; Major Futures Indices Fall Collectively | Tonight's Key Points
①The U.S. year-on-year growth in April reached 3.8%, the highest since May 2023, surpassing market expectations of 3.7%. ②OpenAI and Microsoft have set the revenue-sharing cap at $38 billion. ③International oil prices continued their upward trend.