Trade war fears, Fed rate cut likely; USD up, gold hits new high.

On Monday, the US dollar index rebounded above the 99 mark, ultimately closing up 0.43% at 99.261. US Treasury yields fluctuated sideways, with the benchmark 10-year yield closing at 4.055% and the 2-year yield, which is sensitive to the Federal Reserve's policy interest rate, closing at 3.522%. On Monday (October 13), the spot gold price broke through the $4,100 per ounce mark for the first time, reaching a record high of $4,116.87/oz. Currently, international trade tensions, geopolitical uncertainties, and expectations of loose monetary policy continue to provide upward momentum for gold prices. Due to Trump's restrained remarks over the weekend, which eased market risk aversion, international crude oil rebounded. WTI crude oil remained below the $60 mark, ultimately closing up 2.16% at $59.23/barrel; Brent crude oil ultimately closed up 1.9% at $63.18/barrel.