News

格隆汇 March 3rd丨Hyundai Motor released data showing that its global sales in February this year were 306,528 units, down 5.1% year-on-year. Among them, domestic sales in Korea were 47,008 units, a decrease of 17.8% year-on-year; overseas sales were 259,520 units, down 2.3% year-on-year.

格隆汇 March 3｜Affected by the Middle East conflict, London-listed mining stocks collectively declined in opening trading. Although gold prices rose in early trading, silver futures fell by 2.7% to $86.47 per ounce. Analysts from ANZ Bank pointed out that uncertainty caused by the conflict has weakened sentiment, resulting in a downward trend in basic metal prices. One exchange dropped 3.65%, another exchange fell 2.7%. Valterra Platinum declined by 5.2%, while copper miner Antofagasta's share price fell by 4.2%. Gold and silver miner Fresnillo dropped nearly 2.7%, and Hochschild Mining fell by 3.1%.

ChainCatcher news, according to Golden Ten Data, Saira Malik from Newmun Investment stated in a research report that the broad impact of Israel's attack on Iran remains to be seen. He believes that global markets may experience more volatility, and its far-reaching effects will become clearer over time. Although the surge in oil prices may push up inflation, Malik expects this will not affect the Federal Reserve's policy in the short term. He maintains his forecast that the Federal Reserve will cut interest rates twice this year and believes that the yield on 10-year US Treasury bonds will fluctuate around the 4% range.