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格隆汇3月3日｜Bank of America stated that, thanks to rising metal prices and the strengthening of the South African rand, the South African stock market's 12-month winning streak still has further growth potential. The bank's South Africa strategist John Morris noted that the country's market is benefiting from a rare favorable combination of global and domestic factors, especially the rise in metal prices and expectations of a weaker US dollar. "We are in a sweet spot; this combination is uncommon and there is still room for further upside." The FTSE/JSE Africa All Share Index has risen 44% over the past year, with metals and mining stocks leading the gains. The index has risen for 12 consecutive months, marking the longest winning streak since 1995. In February, the index rose 7%, the largest monthly increase in more than two years. Morris stated that the commodity cycle may support the market for the next 12 to 15 months. He also believes that the South African rand is undervalued and may appreciate further, which would help lower bond yields and support banks and other domestic industries.

BlockBeats news, on March 3, Peter Thiel filed a SEC Form 144 to plan the sale of up to 2 million shares of a certain exchange (PLTR) Class A stock, valued at approximately 280 millions USD. Analysis points out that despite the large scale of this sale, Peter Thiel will still hold about 229 millions shares, accounting for the majority of his total holdings; the stock price of the exchange has recently risen significantly due to defense contracts and AI demand, and this news may trigger short-term volatility. According to Bitget market information, as of press time, the exchange's pre-market price is down 0.99%, currently quoted at 143.74 USD.

(1) XS analyst Rania Gule pointed out that a gold price breakthrough above $5,300 may signal a new phase in global risk pricing. If geopolitical tensions ease rapidly, a decline in risk premium could trigger profit-taking, causing gold prices to fall below $5,200. However, she expects that any significant drop will attract new buyers, especially given the uncertain outlook for inflation and interest rates. (2) Gule believes that as long as US-Iran tensions persist, the resulting rise in oil prices will further intensify inflation concerns, thereby continuously supporting gold's safe-haven demand. She also reminded that the market may experience sharp fluctuations around the Federal Reserve's interest rate decision, but overall, gold will maintain its upward trend and is expected to challenge recent highs. She concluded: "In this uncertain environment, gold remains the clearest indicator of global market anxiety."