Abstract:On Tuesday, the US dollar index continued its upward trend, hitting a high of 106.182 during trading and ultimately closing up 0.404% at 105.93. The collective surge in US bond yields, with the benchm
On Tuesday, the US dollar index continued its upward trend, hitting a high of 106.182 during trading and ultimately closing up 0.404% at 105.93. The collective surge in US bond yields, with the benchmark 10-year US bond yield closing at 4.44%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.363%.
On Tuesday, spot gold continued to decline, hitting a low of $2589.61 at one point before closing down 0.81% at $2598.41 per ounce, a new low in nearly two months. Spot silver ultimately closed up 0.14% at $30.74 per ounce.
As investors digest OPEC's latest downward adjustment in demand growth, international crude oil is oscillating at a low level. WTI crude oil ultimately closed down 0.29% at $67.84 per barrel; Brent crude oil closed down 0.31% at $71.61 per barrel.