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Golden Ten Data reported on March 17 that the Turkish Minister of Finance stated that oil price fluctuations triggered by the Iran war could temporarily hinder the government's plan to reduce inflation. Although he mentioned that the country has taken "active measures" to limit the impact of the war on the economy, such as establishing a fuel tax mechanism to protect consumers from rising oil prices and implementing regulatory measures to stabilize market volatility, these efforts have still failed to prevent its effects. Rising energy costs are spreading across all sectors of the Turkish economy, which may weaken previous monetary policies aimed at curbing consumer demand, stabilizing the lira exchange rate, and rebuilding investor confidence.

This statement highlights the supply bottleneck challenges faced by the aviation industry chain in responding to the surge in market demand.

On March 17, gold prices rose slightly today, but due to the continued weakening of energy prices, market expectations for further interest rate cuts have diminished, resulting in a cumulative decline of over 4% this week. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that although the release of emergency oil reserves helps to curb soaring prices, the rising inflation risks have lowered market expectations for a rate cut by the Federal Reserve, and rising interest rates typically suppress non-yielding assets like gold. (Jin Shi)