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⑴ The Standard Chartered Wealth Management Global Chief Investment Officer's Office has released its May global market outlook, maintaining an overweight rating on gold, but lowering the 3-month and 12-month target prices to $5,200 and $5,500 per ounce, respectively. ⑵ At the same time, considering that full capacity restoration will take time, Standard Chartered has raised its 3-month New York oil futures price forecast to $80-90 per barrel and its 12-month forecast to $70 per barrel.

```htmlGolden Ten Data April 29｜A certain exchange rose 5% before the opening, trading at $324.75. In terms of news, the exchange released its fiscal year 2026 second-quarter financial report after the US stock market closed on April 28. This was a comprehensive outperforming report: total revenue marked the largest increase since 2022, net profit rose 17% year-on-year, and adjusted earnings per share were $3.31, far exceeding market expectations. Based on optimistic forecasts for the future, management has significantly raised guidance for fiscal year 2026 and strengthened shareholder returns. Additionally, the company approved a new $20 billion stock buyback plan.```

According to Golden Ten Data on April 29, Capital Economics stated that the UAE's stance on the Iran war and its decision to exit OPEC may signal a shift towards deeper alignment with the US and Israel. Economists from the firm pointed out: “The UAE was an early signatory of the Abraham Accords and has already committed to large-scale AI-related investments in the US.” “Although speculative, the UAE’s withdrawal decision and the prospect of increased production can be seen as positive developments in US-UAE relations, as this helps to lower US energy prices.” Earlier this month, due to concerns about the economic impact of the Iran war, the UAE and the US launched negotiations on a potential currency swap line—this would allow the UAE’s central bank to obtain US dollars at a low cost to support its local currency or supplement foreign exchange reserves in the event of a liquidity crisis.