The recent financial markets are more volatile
US CNBC quoted Chicago Commodity Exchange (CME) Chairman and Chief Executive Officer Duffy as saying that its settlement company Ronin Capital was forced to quote emergency regulations because its capital failed to meet regulatory requirements. . However, CME emphasized that the company is only responsible for the exchange settlement business and does not involve third-party customers, so no customers have suffered losses in the incident. It is reported that the “Burst” incident may involve (CBOE) Volatility Index (VIX) futures-related product trading Relevant, reflecting the recent financial market turmoil has begun to affect the liquidity of some companies.
Last Friday, gold fell nearly 3%
The six major long-term coordinated actions to ensure US dollar liquidity, and the S & P 500 index fell to the lowest in three years, the largest weekly decline since the financial crisis, which caused gold to recover some of the decline. Scarcity of liquidity and weak demand for physical gold may continue to pressure the price of gold in a short period of time. But with more and more liquidity measures, risk aversion will once again become staggered. Data show that speculative USD positions in the most recent week have turned into net short positions for the first time since June 2018.
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