报道称以色列报复伊朗的计划外泄，中东局势再度紧张，国际油价在上周暴跌8%后小幅反弹。"Trump trade" restarts to boost the US dollar and bitcoin. The Middle East situation is tense again, and international oil prices have rebounded slightly after plunging 8% last week.
On Monday, major stock indexes in the Asia-Pacific region showed mixed movements, with Japan and Vietnam's stock markets posting slight gains, while South Korea's stock market experienced a slight decline.
As the US presidential election approaches, expectations of Trump's victory are rising, reigniting the 'Trump trade' and boosting the US dollar and bitcoin. Bitcoin reached a three-month high in early trading, currently trading at $69,061 per coin. The US dollar index rose slightly; the yen against the US dollar briefly fell by nearly 0.2%.
Reports indicate that Israel's leaked plans for retaliation against Iran have once again increased tension in the Middle East, with international oil prices seeing a slight rebound after an 8% sharp decline last week.
Spot gold prices hit a new high at $2,730 per ounce in intraday trading, rising by nearly 0.4% within the day. BofA Securities' Chief Investment Strategist Hartnett is bullish, stating that gold will rise above $3,000.
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Major stock indexes in the Asia-Pacific region showed little volatility, with Japan and Vietnam's stock markets posting slight gains, while South Korea's stock market experienced a slight decline.
Recent polls show that former President Trump's chances of winning the November 5th election are increasing. Trump's attitude towards cryptocurrencies is relatively mild, boosting Bitcoin. Bitcoin briefly touched a three-month high in early trading, currently trading at $69,061 per coin.
The USD index slightly rose; the Japanese Yen against the USD once fell by nearly 0.2% to 149.26.
Brent crude oil prices rose to over $73 per barrel, while WTI crude oil prices remained around $69, up 0.5% intraday. According to CCTV News, on October 19, local time, three informed sources revealed that the U.S. is investigating a highly confidential intelligence leak related to Israel's retaliation plan against Iran. Apparently, these documents describe Israel's preparations to strike Iran.
Spot gold broke through the $2,730 per ounce level in intraday trading to reach a new high, up nearly 0.4%. Currently, gold is hovering around $2,730.
Chief strategist Michael Hartnett of Bank of America pointed out in the latest research report that the gold bull market is driven by policy and inflation. The Federal Reserve is determined to cut real interest rates in the coming quarters, with investors only needing to hedge against the threat of inflation and US dollar depreciation. The strategist concluded that gold will surpass $3000 per ounce.
Despite the global easing cycle boosting risk sentiment, Hartnett believes that the economic outlook remains uncertain, and the market needs to remain cautious of inflation risks. Gold is the best hedge asset, especially against the 3D indicators: Debt, Deficit, and Debasement.
