Saudi Arabia's largest Red Sea oil port suspended shipping, and it was revealed that some European shipments were cancelled. The US oil market rose by more than 5%. The strong rise in oil prices has had a big impact on inflation expectations. US bond yields are rising, compounded by a rebound in the US dollar index in anticipation of interest rate hikes. Gold continues to be under pressure. Patiently wait for these suppressing factors to weaken; it is better to wait and see for the short term.

Saudi Arabia's largest Red Sea oil port suspended shipping, and it was revealed that some European shipments were cancelled. The US oil market rose by more than 5%. The strong rise in oil prices has had a big impact on inflation expectations. US bond yields are rising, compounded by a rebound in the US dollar index in anticipation of interest rate hikes. Gold continues to be under pressure. Patiently wait for these suppressing factors to weaken; it is better to wait and see for the short term.