haktutscoinmaster2019| Shanghai Bank of China 2406 Contract: Federal Reserve officials 'dovish remarks boost silver prices, geopolitical risks in the Middle East add to volatility

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The main contract of Shanghai Bank rebounded by 2406.Haktutscoinmaster2019Fed officials took a dove stance to boost expectations of interest rate cuts, and geopolitical risks in the Middle East could support the Shanghai Bank.

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[silver price rebounded strongly after the holiday. Shanghai Bank's main contract rose by more than 2% at one time. Fed officials' comments on doves] Silver price rebounded strongly after the holiday. On Tuesday, Shanghai Bank's main contract 2406 once rose more than 2%, reaching as high as 7168 points. The Federal Reserve released its latest interest rate decision, in line with market expectations, keeping interest rates at 5.Haktutscoinmaster2019.25% Mutual 5Haktutscoinmaster2019.50%, Federal Reserve Chairman Colin Powell's statement of "not raising interest rates" eased.Haktutscoinmaster2019Worries about raising interest rates in the market. In addition, dovish remarks by Fed officials New York Fed Chairman Williams and Richmond Fed Chairman Barkin have heightened market expectations of interest rate cuts. A non-farm report in the United States in April showed that the unemployment rate rose more than expected to 3.90 percent, and non-farm payrolls rose by 175000, below expectations of 243000, the lowest since October 2023. After the release of the data, the market bet on interest rate cuts increased significantly, the number of interest rate cuts is expected to rise from once to twice, and the time window for interest rate cuts is expected to be advanced from November to September. On the geopolitical front, although Hamas has agreed to a cease-fire plan, Israel is dissatisfied with the draft agreement and chooses to use force to put pressure on it, which makes the cease-fire agreement full of uncertainties. Tensions in the Middle East supported silver prices and morale among bulls in Shanghai was boosted. Combined with the expected recovery of interest rate cuts and the impact of geopolitical risks in the Middle East, the Bank of Shanghai is expected to maintain a strong volatility trend in the short term. Investors need to pay close attention to the follow-up statements of Fed officials and the impact of geopolitical changes on the market.

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