Trump eyes EU tariffs; USD nears 98.00, gold tops $3370 on safe-haven demand.

Last Friday, the US dollar index fluctuated within a range, hovering below the 98 level, and finally closed up 0.307% at 97.85, accumulating nearly 1% for the week and breaking away from the three-year low. The yield of US Treasury bonds has surged, with the benchmark 10-year bond yield closing at 4.412% and the 2-year bond yield closing at 3.91%. On Monday morning (July 14th) in the Asian market, spot gold slightly rose, reaching a high of $3372.65 per ounce as of 07:15, the highest since June 23rd. Trump announced last weekend that he would impose a 30% tariff on goods imported from the European Union starting from August 1st, further fueling market concerns about international trade and providing upward momentum for gold prices. As the focus of the oil market shifts to potential US sanctions against Russia, both oil stocks have risen. WTI crude oil reached the $67 mark and ultimately closed up 2.55% at $67.59 per barrel; Brent crude oil closed up 2.53% at $70.04 per barrel.