FPG：The U.S. dollar had a super week, but experts are cautious about the associated risks 1. On the evening of April 30th, the Sudanese Armed Forces announced in a statement that they have agreed to extend the ceasefire for 72 hours from the end of the previous ceasefire period. The statement also called for the Rapid Support Force to comply with the ceasefire agreement. 2. In Texas, USA, a shooting occurred on the 28th of April, resulting in the death of five people, including an 8-year-old boy. The suspect is still at large, according to the San Hassinto County Sheriff's Office. This year, there have been 176 mass shootings in the United States that have caused at least 4 casualties, and gun-related incidents have led to more than 13,700 deaths. 3. Myanmar has experienced record-breaking high temperatures, with at least four cities setting the highest temperature record in almost 60 years since April. The temperature in at least 10 cities has exceeded 40 degrees Celsius, with some regions experiencing temperatures as high as 44 degrees Celsius, breaking the highest temperature record in Myanmar. Meteorological experts predict that 2023 will be the hottest year on record in Myanmar. Unfortunately, more than 10 people in Myanmar have already died from heatstroke. 4. [An informal meeting of EU finance ministers was held in Stockholm, Sweden.] On April 29, local time, the finance ministers of many EU countries held an informal meeting in Stockholm, the capital of Sweden, according to Swedish TV. The governors of several European Union central banks and the finance ministers of Ukraine also attended the meeting. The meeting discussed the EU's economic problems and aid to Ukraine, but no clear decision was made. Comments: This meeting was held in the context of Sweden's rotating presidency of the European Union. It was presided over by the Swedish Chancellor of the Exchequer Elizabeth Svantesson. It mainly discussed the severe economic situation facing Europe, including inflation and the upcoming economic recession. 5. [Will Sudan become the next Somalia? The conflict that has lasted for many days has caused heavy casualties.] According to the latest data from the Sudanese Ministry of Health, at least 512 people, including armed men and civilians, have been killed, and about 4,200 injured in the conflict that has lasted for many days. The actual number of casualties may be higher. What is worrying is the internal contradictions in Sudan. Fu Complex Jian said that the two sides of the conflict are not ready for peace talks. The conflict may turn into a protracted war, and the poor and backward Sudan is likely to become the next Somalia. Comments: For decades, Sudan has been trapped in the vicious cycle of "from chaos to governance, from governance to chaos" and has been repeated. 6. [An agreement has been reached! The European five countries allow the resumption of Ukraine's grain export transit.] The European Commission said that Bulgaria, Hungary, Poland, Romania, and Slovakia have reached an agreement to allow Ukraine's grain export transit. The Ukrainian crisis has affected the traditional export channels of Ukrainian food through the Black Sea, so Ukraine must export by land through its neighbors. EU member states agree to allow imports from Ukraine. Some products are not limited in quantity and do not require customs and official inspection. Comments: The EU has previously insisted that any unilateral ban on Ukraine's exports is "unacceptable," and the formulation of trade policies is the exclusive authority of the EU. Sure, I can repeat the opinions of the FPG special analysts. King believes that the market is expecting a 25 basis point interest rate hike next week, and the success or failure of the decision will depend on the details and comments made by the Federal Reserve. The mention of issues like the banking system and the First Republic Bank by the Fed is worth noting. Dawson says that this week the market will closely watch the manufacturing PMI and non-manufacturing PMI data of China's National Bureau of Statistics. If the survey shows that China's business activities continue to expand, gold may gain a foothold. However, if one of the PM data unexpectedly falls below 50, the gold price may fall slightly in the short term. The release of several macro-economic data by the US this week and the fluctuation in the Federal Reserve's policy statement may make it a risky week for gold investors. Dave thinks that the price of gold is fluctuating in a narrow range, and investors are focusing on the Fed's interest rate decision. It is generally expected that the Fed will raise interest rates by 25 basis points, but if the market interprets it as a "hawkish pause", the gold price may start to rise again. Yue Lin believes that the Federal Reserve's data is lagging behind too much, and a moderate recession has come. She also mentioned that further interest rate hikes will lead to a severe economic recession in the US. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex