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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6878.89
6878.89
6878.89
6879.49
6831.75
-29.97
-0.43%
--
DJI
Dow Jones Industrial Average
48977.91
48977.91
48977.91
49173.32
48678.78
-521.28
-1.05%
--
IXIC
NASDAQ Composite Index
22668.20
22668.20
22668.20
22735.78
22538.30
-210.17
-0.92%
--
USDX
US Dollar Index
97.750
97.750
97.830
98.020
97.710
+0.170
+ 0.17%
--
EURUSD
Euro / US Dollar
1.17893
1.17893
1.17904
1.17940
1.17557
-0.00265
-0.22%
--
GBPUSD
Pound Sterling / US Dollar
1.34475
1.34475
1.34487
1.34533
1.34001
-0.00383
-0.28%
--
XAUUSD
Gold / US Dollar
5333.16
5333.16
5335.83
5393.09
5301.70
+53.88
+ 1.02%
--
WTI
Light Sweet Crude Oil
69.680
69.680
69.760
72.719
69.220
+2.444
+ 3.63%
--

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Bank Of Japan Deputy Governor Himino: As A Whole, We Can Say Underlying Inflation Is Steadily Accelerating

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Bank Of Japan Deputy Governor Himino: Cannot Say Yet That Underlying Inflation Has Definitely Reached 2%

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Bank Of Japan Deputy Governor Himino: Bank Of Japan's Policy Remains Somewhat Accommodative, Though Should Gradually Shift To A More Neutral Stance Through Moderate Policy Rate Hikes

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Citi Says Only Prolonged, Effective Closure Of Strait Of Hormuz Would Justify A Materially Higher Aluminium Risk Premium

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Bank Of Japan Deputy Governor Himino: Inflation Gap Remains Slightly Negative At Present But Is Expected To Approach Zero In The Future

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Bank Of Japan Deputy Governor Himino: It Is Therefore More Prudent To Confirm Underlying Inflation When Responding To Supply Shocks

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Citi Maintains Constructive Short Term View On Aluminium, Keeps 0-3M $3400/T Price Target Unchanged

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Bank Of Japan Deputy Governor Himino: Responding To Inflation Driven By Supply Shocks Could Disrupt GDP

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Bank Of Japan Deputy Governor Himino: Bank Of Japan's Goal Is To Maintain Price Stability By Avoiding Both Excessive Inflation And Deflation, Thereby Keeping The Economy On A Sustainable Growth Path

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[Market Update] Spot Silver Fell More Than 1.00% Intraday, Currently Trading At $92.69 Per Ounce

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No Decision Has Been Made At This Time Regarding The Release Of Crude Oil Stockpiles

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China's CSI Defense Index Set To Open Up 2%

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Hong Kong Shares Of China Southern Airlines Set To Open Down 2.04% Amid US-Iran Conflict

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Hong Kong Shares Of China Eastern Airlines Set To Open Down 4.5% Amid US-Iran Conflict

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Spot Platinum Rises Over 3% To $2435.50/Oz

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Malaysia's Benchmark Stock Index Falls As Much As 1.9% To 1684.280

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Itochu: Itochu's Policy Is To Respond By Sourcing Supplies From Regions Outside Of The Middle East

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Japan's Nikkei Share Average Trims Loss, Last Down 1%

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Explosions Heard In Parts Of Tel Aviv Without Air Raid Siren Warning, Source Of Explosions Unclear - Witness

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Lebanon's Prime Minister Says Launching Projectiles From Southern Lebanon Is 'Irresponsible' And 'Suspicious Act' Jeopardizing Lebanon's Security

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New York Federal Reserve President Williams delivered a speech.
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Q&A with Experts
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    goldswingking flag
    that pull back taking us to 5400
    goldswingking flag
    gg any sellers
    Brendon Urie flag
    I'll Guide Good 👍
    Victor flag
    Brendon Urie
    @Brendon Urie Yes,But I haven't received any clear signals yet
    Visxa Benfica flag
    goldswingking
    gg any sellers
    @goldswingkingYeah, I agree with you
    Visxa Benfica flag
    If it were me, I wouldn't sell at this time
    Urek Mazino flag
    Brendon Urie
    I'll Guide Good 👍
    @Brendon UrieHow will you provide the instruction?
    Urek Mazino flag
    goldswingking
    that pull back taking us to 5400
    @goldswingking I still believe gold will continue to rise in the long term; this is just a correction bro
    Urek Mazino flag
    We need to wait a little longer
    Brendon Urie flag
    Brendon Urie
    gold buy now 5312/5310 target 5316 target 5320 target 5325 target 5330 target 5335 target 5345 target 5360 Open stop Loss 5300
    tp4 (5332) Hit Successfully running Profits +200 Pip's pro Entry Clean Execution ❤️‍🔥💥🙌🤝💗🫰
    Brendon Urie flag
    Kung Fu flag
    goldswingking
    that pull back taking us to 5400
    @goldswingkinggold is trying to fill the gap, I do not think that there's a pullback now
    Brendon Urie flag
    Brendon Urie
    gold buy now 5312/5310 target 5316 target 5320 target 5325 target 5330 target 5335 target 5345 target 5360 Open stop Loss 5300
    tp5 (5335) Hit Successfully running Profits +230 Pip's pro Entry Clean Execution ❤️‍🔥💥🙌🤝💗🤝
    Brendon Urie flag
    Brendon Urie flag
    Brendon Urie
    let's Close Half Set Be
    "Brendon Urie" was muted by "Chatroom Customer Service"
    goldswingking flag
    loooool
    goldswingking flag
    ready for rocket?
    Kung Fu flag
    goldswingking
    ready for rocket?
    @goldswingkingokay let's see how it'll fly. What's the price you're looking at
    NEWBIE flag
    Think it will be caught in another large range which will be a scalper's market again
    Type here...
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          The Middle East is a Tinderbox Ready to Explode

          Devin

          Political

          Summary:

          Ever since the attacks carried out by Hamas against Israel on Oct 7, 2023, and the subsequent Israeli retaliatory air and ground campaign, there have been...

          Ever since the attacks carried out by Hamas against Israel on Oct 7, 2023, and the subsequent Israeli retaliatory air and ground campaign, there have been fears that this latest confrontation between these two long-standing foes could escalate into a wider regional conflagration.
          While this has not happened yet, the longer history of the Israeli-Palestinian and Arab-Israeli conflicts highlights potential for escalation.
          With violence increasing across the wider Middle East, there are several potential pathways to escalation - via Iranian-sponsored terrorist groups, through worsening inter-state relations and by great powers being drawn into any of these conflicts.
          Instability In Lebanon
          First, Iranian proxies could increase their activities more significantly, including in what they might regard as a show of solidarity with Palestinians in general, and with Hamas and Palestinian Islamic Jihad, both of which are also sponsored by Iran as part of the so-called Axis of Resistance.
          In the case of Lebanon-based Hezbollah, this would open a second front in northern Israel. The situation there has been tense for months. Several flare-ups have brought this escalation scenario close to reality, including Israel’s targeted assassination of senior Hezbollah leaders in southern Lebanon.
          The United States' efforts to calm the situation have only been moderately successful, and indirect channels of communication appear to remain open between Israel and Hezbollah. This is particularly important as a more intense direct confrontation between Israel and Hezbollah could trigger another full-scale war as it did in 2006 - a grim prospect given Lebanon’s protracted political volatility and economic instability.
          Strikes In Syria, Iraq, Pakistan Fuel Hostilities
          US support for Israel may have become more equivocal over the past several months, but Washington is still seen as Tel-Aviv’s most important backer. This has exposed US military bases across the Middle East to a significant increase in attacks and prompted counter-strikes by US forces. Similar tit-for-tat escalations have now engulfed several other states across the region and beyond.
          Israel struck an Iran-linked target in the Syrian capital, Damascus, while Jordan carried out attacks against alleged drug smugglers in Syria.
          Adding to concerns over stability in Syria as a whole, Iran sent ballistic missiles against alleged Islamic State targets in Syria, in retaliation for an IS attack in Iran’s city of Kerman on Jan 3.
          The same reason was given for Iranian strikes against Erbil in northern Iraq, which also targeted an alleged Israeli spy facility there, prompting widespread condemnation because of the risk of further destabilisation of an already volatile Iraq.
          And in yet another demonstration of Iranian assertiveness, Tehran carried out air strikes against a base of Jaish al-Adl, a terrorist group operating in the Iran-Pakistan border area. This prompted retaliatory strikes from Pakistan two days later.
          None of these incidents have escalated into prolonged cross-border hostilities yet, indicating that political leaders are still able to show a minimum of restraint. At the same time, the pattern of attacks also demonstrates the pivotal role that Iran is playing in any potential further escalation.
          Flashpoints From the Israel-Hamas War
          This is nowhere more obvious than in the case of the attacks by Iran-backed Houthis in Yemen against shipping lanes in the Red Sea.
          These attacks pose a major threat to the global economy with about 12 per cent of international trade and more than US$1 trillion worth of goods passing through the Red Sea each year.
          To protect the around 17,000 ships annually making the journey through the Suez Canal, the US and UK have carried out several strikes against Houthi targets in Yemen.
          This instability off the coast of Yemen has also affected China’s export-oriented economy, and while Beijing has framed the situation in the Red Sea as a direct consequence of the Israel-Hamas war, it did not veto a United Nations Security Council resolution strongly condemning Houthi attacks.
          The crisis in the Red Sea, however, has potential to undermine efforts to end Yemen’s civil war, in which the country’s internationally recognised government, militarily backed by Saudi Arabia and the United Arab Emirates, has fought the Houthis since 2015.
          Because Saudi Arabia and Iran back different sides in this conflict, any further escalation could also derail further China-brokered rapprochement between these two regional rivals.
          This, in turn, also decreases the likelihood of a sustainable solution for the crisis in Gaza. Hamas receives most of its backing from Iran and Qatar and is also able to fund-raise in Qatar itself.
          In contrast, most other Arab states are keen to see Hamas defeated in Gaza, regardless of their support for the Palestinian cause.
          This hostility towards Iranian proxies is even more obvious in the case of Hezbollah: With both the political and military wings Hezbollah banned by all the members of the Gulf Co-operation Council and most other Arab countries in North Africa, there should be no illusion about the fact that Hezbollah is seen as a threat by rulers across the Arab world - a perception that extends to Iran as the main sponsor of Hamas, Hezbollah and a range of other terrorist groups.
          Amid these complex calculations by political leaders across the Middle East and beyond, Palestinian suffering in Gaza continues at an unprecedented level.
          With Israeli Prime Minister Benjamin Netanyahu again explicitly ruling out the creation of Palestinian state, a pathway towards a settlement that could be broadly supported across the region and at the UN, is nowhere in sight. Netanyahu’s dangerous stance also, and perhaps fatally, undermines prospects for the rapprochement between Saudi Arabia and Israel that would be critical for sustainable peace in the Middle East.
          With the Israel-Hamas war unlikely to end soon, let alone any prospects of a sustainable solution to the wider Arab-Israeli and Israeli-Palestinian conflict, the risk of escalation is likely to remain high and turn into reality – if not by design, then by miscalculation as the multiple crises engulfing the Middle East will eventually become unmanageable and spin out of control.

          Source: CNA

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