Investors remain cautious, the US dollar slightly fell on Tuesday Gold prices soar nearly $30, Federal Reserve's decision is coming

On Tuesday (July 30th), the US dollar index hit a nearly half month high of 104.79 before the US market, but then gave up all the gains of the day and turned downwards, ultimately closing down 0.09% at 104.47. The yield of US Treasury bonds has declined, with the benchmark 10-year yield closing at 4.1390% and the two-year yield closing at 4.369%.

Gold prices rose nearly $30 on Tuesday (July 30th) as Israeli airstrikes on the southern outskirts of the Lebanese capital reignited tensions in the Middle East. In addition, investors remain optimistic about the possibility of the Federal Reserve revealing a September rate cut at the end of this week's policy meeting.

On Tuesday (July 30th), crude oil continued to decline due to concerns about weakened oil demand and considering that Israel's attack on Lebanon may only be a “one-time” move. WTI crude oil fell below $75 and ultimately closed down 0.89% at $74.84 per barrel; Brent crude oil ultimately closed down 0.81% at 78.44 yuan/barrel.