Group 1: U.S. Military Action - The U.S. conducted a significant military operation against Iran on June 21, targeting three nuclear facilities, marking the most severe action since the 1979 Iranian Revolution [1][10] - President Trump announced the completion of the strikes, claiming that Iran's Fordow nuclear facility "no longer exists" and indicated that further targets could be struck if peace is not achieved [10][12] Group 2: Market Reactions - Despite the escalating conflict, global asset markets showed resilience, with major stock indices like Israel's TA35 and South Korea's KOSPI200 recording gains of over 3% from June 13 to June 20 [2][3] - Oil prices initially surged due to the conflict, with Brent crude rising by 11.48% and WTI by 8.82% during the same period, although they later stabilized [6][12] Group 3: Energy Market Implications - Analysts predict that the U.S. strikes may lead to increased oil prices and a potential panic in global markets, with concerns about the strategic importance of the Strait of Hormuz for energy transport [13][15] - The market consensus suggests that any military action by the U.S. will be short-lived, as President Trump aims to keep gasoline prices manageable [16][17] Group 4: Gold Market Dynamics - The gold market experienced a rare decline during the conflict, with spot gold prices dropping below $3,370, despite initial spikes above $3,400 [6][22] - Analysts from Deutsche Bank and Citigroup anticipate that geopolitical risk premiums for gold may re-emerge, with predictions of gold prices peaking between $3,100 and $3,500 in Q3 2023 before declining [26]

Core Viewpoint - The article discusses President Trump's recent Middle East visit, highlighting the signing of over $1 trillion in commercial agreements with Saudi Arabia, Qatar, and the UAE, aimed at strengthening economic cooperation and attracting investments to the U.S. [1][4] Group 1: Investment Commitments - Saudi Arabia committed to investing $600 billion in the U.S. over the next four years, although Trump sought to increase this to $1 trillion [4] - Qatar signed agreements worth over $243.5 billion, including a $96 billion deal for Boeing aircraft [4] - The UAE reached agreements exceeding $200 billion, covering aircraft purchases and energy projects [4] Group 2: Strategic Goals - Trump's visit aimed to enhance U.S.-Gulf relations and alleviate domestic political pressures by showcasing significant investment commitments [1][5] - The agreements are seen as a response to Trump's personality and political needs, reflecting Gulf leaders' understanding of his character [1][5] Group 3: Skepticism on Implementation - Analysts express doubts about the actual realization of the announced investment figures, suggesting they may be inflated or based on prior commitments [7][8] - Historical context indicates that previous agreements, such as the $350 billion deal from Trump's 2017 visit, have not been fully realized [7][8] - Economic data shows that U.S. exports to Saudi Arabia from 2017 to 2020 totaled only $92 billion, raising questions about the feasibility of the $600 billion commitment [8]

Group 1 - The Chinese government is accelerating the opening of the service industry amid rising unilateralism and protectionism globally, with a new comprehensive pilot work plan that includes 155 pilot tasks [1] - The work plan encourages the integration of advanced manufacturing and modern service industries to enhance international competitiveness, particularly through innovations in trading models such as capacity pre-sale and order transactions [1] - The establishment of a trading settlement system that aligns with international norms and promotes RMB-denominated products is emphasized to facilitate the efficient integration of manufacturing and services [1] Group 2 - Recent innovations in capacity pre-sale and order trading models on commodity trading platforms have addressed many challenges faced by enterprises and positively impacted the integration of manufacturing and services [2] - The Shanghai Steel Trading Center showcases how production capacities can be auctioned online, allowing sellers to secure customers and buyers to lock in prices, thus enhancing operational efficiency [2] - The "LNG Order Pass," set to launch in June 2024, represents a new order trading model in the oil and gas sector, aimed at improving market transparency and flexibility [2] Group 3 - The "LNG Order Pass" features characteristics such as price locking, dual fulfillment assurance, transparency, and competitive flexibility, which help enterprises manage market uncertainties and efficiently allocate resources [3] - By driving precise matching along the supply chain and embedding services into manufacturing, the integration efficiency of manufacturing and services can be significantly improved [3] - Innovations in trading models and enhanced service levels on commodity trading platforms can strengthen China's resource allocation influence in the global value chain, providing new infrastructure support for service industry expansion [3]