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Jinse Finance reported that U.S. storage concept stocks moved lower in premarket trading. Western Digital fell 0.5%, SanDisk dropped 2.48%, Micron Technology declined 0.99%, and Seagate Technology was down 0.37%.

BlockBeats News, April 17th, Investinglive analyst Giuseppe Dellamotta stated that despite the decline in real yields, easing financial conditions, a weakening US dollar, and other bullish factors, the recent upward momentum of gold has weakened. Since the sharp drop at the end of January, gold's performance has indeed been lackluster, with the main difference being that the Federal Reserve has shifted from its previous dovish stance to a neutral one. However, with the optimistic expectation of a US-Iran agreement, gold should still find support, and the downside should be limited. Now everything depends on the US-Iran negotiations. If the negotiations break down again, the gold price may experience a larger pullback, but as long as the ceasefire agreement is maintained, the decline should be limited. On the other hand, if a peace agreement is reached, gold may receive a new boost, continue its rally, and reach new highs. To drive gold to a larger extent, a shift back to a dovish stance by the Federal Reserve is needed. (Golden Finance News APP)

Golden Ten Data reported on April 17 that a senior economist at DBS Bank indicated that, in the short term, Singapore's electronics exports are likely to outperform non-electronics exports. The momentum in electronics exports should continue to benefit from current favorable global artificial intelligence developments and strong demand for memory chips and server products. However, given the industry's reliance on helium (with Qatar being the main supplier), the global artificial intelligence and electronics cycle has been partially affected by disruptions in the Middle East.