Hassett's Fed bid fades, USD up, EU tariffs, gold $4700.

Last Friday, Trump expressed his hope to keep Hassett in his original position. The market speculated that Hassett's chances of becoming the chairman of the Federal Reserve would decrease, and the US dollar index reversed its downward trend, ultimately closing up 0.02% at 99.38 points; The benchmark 10-year Treasury yield ultimately closed at 4.227%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.592%. Against the backdrop of ongoing global geopolitical tensions, the tariff strategy launched by US President Trump last Saturday (January 17) has caused significant fluctuations in the international market. This strategy aims to force European countries to negotiate control of Greenland through economic pressure, resulting in a sharp rise of nearly $100 in spot gold prices at the opening on Monday, once again breaking historical highs. As of 07:35, the highest reached $4690 per ounce. Although the possibility of the United States striking Iran has declined, the potential political risks in Iran have not been eliminated. WTI crude oil ultimately closed up 0.12% at $59.23 per barrel; Brent crude oil ultimately closed up 0.52% at $64.21 per barrel.