US-Iran talks heat up; USD swings, gold $4600?, oil 96.

On Thursday, Iran stated that the latest plan proposed by the United States has to some extent narrowed the differences between the warring parties. However, the dispute over the toll system in the Strait of Hormuz has hindered the prospects for a breakthrough in the situation. The US dollar index rose and fell, almost giving up all the gains of the day, and finally closed up 0.02% at 99.20 points; The benchmark 10-year Treasury yield closed at 4.577%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 4.092%. On Thursday (May 21st), spot gold stubbornly stabilized after a 1% drop during trading, and finally closed almost flat at $4543 per ounce. Meanwhile, US gold futures fell slightly by 0.04% to close at $4542.50. International oil prices have fallen due to investors' optimism about the possibility of progress in the Middle East war and peace negotiations. WTI crude oil ultimately closed down 1.11% at $101.99 per barrel; Brent crude oil closed down 0.57% at $104.89 per barrel.