News

(1) Analysis: The Federal Reserve has kept interest rates unchanged but signaled a possible rate hike later this year. The rebound in the US Dollar Index and US Treasury yields is putting pressure on gold. Meanwhile, the easing of tensions in the Middle East has reduced safe-haven demand, causing market expectations for a December rate hike to heat up significantly. However, after a consecutive decline, gold is now approaching an important support area. In the short term, attention should be paid to whether low-level buying can trigger a technical rebound. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation, US initial jobless claims data (3) Resistance: 4350, 4380, 4400 (4) Support: 4300, 4260, 4200;

(1) Analysis: The expected signing of a peace agreement between the US and Iran continues to intensify, and the reopening of the Strait of Hormuz to navigation has eased supply concerns, leading to a further decline in market risk premiums. Meanwhile, the International Energy Agency predicts that global crude oil supply growth will significantly outpace demand growth in the coming years, and expectations of a loose supply-demand balance are suppressing oil prices. However, after a consecutive decline in the early stage, there is technical demand for a correction, so prices may maintain a short-term volatile and slightly weak trend.(2) Key focus: Geopolitical situation, inventory data, US Dollar Index, OPEC+ production policy(3) Resistance: 75.00, 76.50, 77.00(4) Support: 74.30, 74.00, 72.00

BlockBeats News, June 18th, according to Securities Times, SK Hynix announced on the 18th that the company has supplied 12-layer HBM4E samples to key customers. This product is the next-generation ultra-high-performance DRAM for Artificial Intelligence (AI). It has a pin speed of up to 16Gbps, improving energy efficiency by over 20% and enhancing the data processing capabilities required for AI training and inference.