Galaxy Futures: Signs of the U.S. withdrawing from the war, gold and silver rebound

Yesterday morning, the market began to trade a phased easing of the Middle East situation after Trump said the U.S. might end military operations against Iran “within two to three weeks.” Market risk sentiment rebounded, the U.S. Dollar Index fell, and gold and silver—whose earlier declines had been deeper—saw a restorative rebound. In addition, Powell’s disclosure the day before that the current interest-rate level is already sufficiently restrictive further eased pressure on gold and silver from rate hikes. However, it should be noted that the U.S. is still assembling more ground forces and aircraft carriers in the Middle East. There is a significant discrepancy between Trump’s statements and actual actions, as well as the earlier core demands, highlighting that U.S. strategy remains uncertain. Still, attention should be paid to tail-end risks of war and the impact of sudden developments in the news. ( Galaxy Futures )