Trump announced on Monday to stop attacks on Iran 5 minutes ago, multiple orders for $1.5 billion S & P 500 futures appeared on the market with nearly $200 million short orders for crude oil

On March 24, before the U.S. stock market opened on Monday, Trump suddenly announced on social platforms that he would suspend attacks on Iran's energy facilities for five days, and said that he had a fruitful dialogue with Iran. After these remarks were made, European and American stock markets immediately rose, international oil prices fell, and precious metals rebounded quickly. However, when the market suddenly turned, some people warned of insider trading again. About 6200 Brent crude oil and West Texas Intermediate (WTI) futures contracts changed hands between 6:49 and 6:50 a.m. New York time on Monday, just 15 minutes before Trump issued a statement. After rough estimates, the nominal value of these crude oil transactions is about US$580 million. While the trading volume of Bulgarian oil and WTI crude oil soared, futures prices tracking the S & P 500 index rose rapidly and trading volume also increased significantly. Five minutes before Trump announced the end of attacks on Iran, someone oversold $1.5 billion in S & P 500 futures and sold $192 million in oil futures. The number of such orders placed during this period was 4 to 6 times that of other orders. (Cailian)