More attention should be paid to oil prices, as today's pre-market weakness was caused by the rise in "oil prices". The International Atomic Energy Agency has warned that the Iran nuclear negotiation window is closing, which has triggered a rise in oil prices: increased geopolitical risks, rising oil prices, rising inflation expectations, and more difficult for the Federal Reserve to cut interest rates. Coincidentally, the minutes of the January meeting released by the Federal Reserve early this morning showed new concerns about inflation, and "several officials" began discussing the possibility of interest rate hikes. The combination of the two could have continued last night's rebound and started to turn around again. The weakening of the US stock market has weakened the risk sensitive pie. The oil price fell a lot last year and has exited the list of factors that have the greatest impact on inflation. However, it does not mean that it is no longer important. Once the oil price rises, it will have many impacts: 1) The cost is transmitted to the amplifier, and if it continues to rise, it can be transmitted downstream in about 1-3 months, which is also a leading indicator of inflation. More importantly, last year, oil prices fell too much, and the base decreased. So once it strengthens slightly, it will be reflected in both year-on-year and month on month comparisons. 2) The thermometer of geopolitical games is more sensitive to the impact of gold on geopolitical games; The market is concerned about the Iran issue, and one of the most important factors is its impact on the trend of oil prices. Bitget buys US stocks: instant entry, silky trading http://(bitget. com)/markets/stocks