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After CME opening, the three major U.S. stock index futures are rising, with S&P and Nasdaq both up over 1%, indicating that Asian partners are not significantly impacted by geopolitical conflicts, and oil prices ($UKOL) have not changed much. I do not understand war well enough and will not rashly place orders, but will wait and see.
However, there are many events this week, such as Japanese interest rates (unlikely to change), retail data, monetary policy meeting (dot plot). With China-U.S. trade and Middle East geopolitical conflicts, being cautious does no harm.
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As long as the Strait of Hormuz is not blocked, the impact on the stock market will not be too great
Yeah, I heard it is
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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