Just now! A big surge, and the entire market rebounded!

【Introduction】Sentiment improves, and global markets rebound

Brothers and sisters, tonight global capital markets have warmed up and rebounded across the board—oil prices are falling!

Let’s see what happened.

In the evening of March 4, reports said that Iran has made indirect contact with the United States to begin negotiations on ending the Middle East wars, which boosted market hopes that the conflict could be shortened, and the stock market rebounded accordingly. The dollar stopped its two-day streak of gains.

As of now, European stock markets are collectively up by about 1%, and U.S. stocks are also rebounding in pre-market trading. The FTSE China A50 futures index is up by about 6%.

According to reports, one day after the U.S. and Israel launched attacks, personnel from Iran’s intelligence service contacted the Central Intelligence Agency (CIA) through a secret channel. The reports said that officials were skeptical about whether the Trump administration—or Iran—was ready to look for a “way down.” Israeli officials urged the United States not to pay attention to this proposal, and at present Washington is also not seriously considering it.

Crude oil prices fall.

Gold and silver rise.

Hong Kong stocks are also rising in the overnight session.

Bitcoin jumps to nearly $72,000, reflecting that some of the market’s risk appetite is starting to return.

European natural gas prices are down 10%.

The U.S.-Israel attack on Iran has led to turmoil in the Middle East, and it is still unclear when and how the war will end. As traffic through the Strait of Hormuz, a critical route for navigation, is almost at a standstill, traders are weighing President Donald Trump’s plan to provide insurance and escort services for past tankers, and the market focus remains on oil.