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Topic of Israeli-Palestinian conflict

The conflict between Israel-Palestine has shocked the global financial market

2023-11-13

The conflict between Israel-Palestine stirred the global market. As the new round of Israel-Palestine's conflict continued to upgrade, international oil prices fluctuated violently, and the price of insurance assets had risen.

The Israeli National Defense Force issued a statement on the evening of November 9 that the Israeli Army's operation in the Gaza Strip performed "tactical local suspension"; Palestine Jehad announced that he was preparing to release two detainees.

Before the Israeli and Palestinian conflicts were properly resolved, crude oil was likely to operate at a high level. It is considered to be "anchor of global asset pricing" and also has a ten -year -old US debt price with risk aversion attributes.

This conflict brought new uncertainty to global stability that was impacted by the Ukrainian crisis upgrade. The increase in US debt yields was limited, and its fluctuations would intensify. In addition, the fluctuation of international oil prices also reflects violent. In this context, the heating of risk aversion and spreading has produced a huge support for precious metal prices. In addition, geopolitical factors are continuously upgraded and promoted. The historical high is a good time to invest in gold. We will continue to pay attention to market information for everyone.

(The above content only represents my personal views and does not represent the company’s position)

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