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CICC Wealth Futures: US and Iran ceasefire for two weeks and upcoming negotiations, US stocks and gold surge significantly
Iran and the U.S. agree to a two-week ceasefire and will begin negotiations on the 10th. U.S. stocks surged significantly, and gold prices soared, surpassing $4,800. From the trends of U.S. stocks and gold, the market seems to have anticipated Trump’s TACO. Based on the ten-point proposal from Iran to end the war, these are almost terms of the victorious country. If the U.S. accepts, it is indeed astonishing. Regarding gold, the overseas market has already rebounded sharply. It is advised to be cautious when chasing the rally or to participate in short-term trades. (CICC Wealth Futures)