On March 21, escalating Middle East tensions combined with a sudden surge in Federal Reserve rate hike expectations, triggering systemic shocks across global markets. US stocks fell for the fourth consecutive week, marking the longest decline in a year, with the Nasdaq dropping over 2% in a single day and technology stocks under broad pressure; global bond yields surged sharply, with US, UK, and German bonds all hitting multi-year highs, as funds engaged in large-scale deleveraging.
Commodities showed sharp divergence, with gold plunging below the $4,500 mark, collapsing over 10% in a single week and marking its largest weekly decline since 1983, casting doubt on its safe-haven properties; crude oil surged due to Middle East supply risks, with Brent crude oil rebounding above $110 per barrel, and Dubai crude oil futures soaring over 16% in a single day. Meanwhile, Bitcoin found support near $70,000, outperforming gold for three consecutive weeks.
Market analysts believe geopolitical conflicts are pushing up energy prices and intensifying inflation expectations, forcing a repricing of monetary policy paths, with global financial conditions tightening rapidly, and risk assets still undergoing downward repricing processes. #Gate13周年全球庆典
On March 21, escalating Middle East tensions combined with a sudden surge in Federal Reserve rate hike expectations, triggering systemic shocks across global markets. US stocks fell for the fourth consecutive week, marking the longest decline in a year, with the Nasdaq dropping over 2% in a single day and technology stocks under broad pressure; global bond yields surged sharply, with US, UK, and German bonds all hitting multi-year highs, as funds engaged in large-scale deleveraging.
Commodities showed sharp divergence, with gold plunging below the $4,500 mark, collapsing over 10% in a single week and marking its largest weekly decline since 1983, casting doubt on its safe-haven properties; crude oil surged due to Middle East supply risks, with Brent crude oil rebounding above $110 per barrel, and Dubai crude oil futures soaring over 16% in a single day. Meanwhile, Bitcoin found support near $70,000, outperforming gold for three consecutive weeks.
Market analysts believe geopolitical conflicts are pushing up energy prices and intensifying inflation expectations, forcing a repricing of monetary policy paths, with global financial conditions tightening rapidly, and risk assets still undergoing downward repricing processes. #Gate13周年全球庆典