Mideast risk eases; USD softens; gold up 3 days; oil down.

On Monday, the United States and Iran reached a memorandum of understanding to end hostilities, and the two sides will sign the text on Friday, when the Strait of Hormuz will reopen. The US dollar index opened lower and rebounded, recovering all intraday losses and ultimately closing up 0.006% at 99.67; The benchmark 10-year Treasury yield closed at 4.474%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 4.079%. Against the backdrop of a rapidly changing global geopolitical landscape, the gold market has once again demonstrated its unique sensitivity. On Monday (June 15th), spot gold rose strongly for the third consecutive trading day, reaching a high of $4369.07 per ounce during trading and closing at $4309.05, an increase of 2.2%. US gold futures surged 2.7%, settling at $4351.6. This breakthrough from a high of over a week not only marks a strong rebound of gold from recent volatility, but also reflects the profound reshaping of inflation pressure and interest rate expectations in the market after the US Iran ceasefire agreement. International crude oil opened lower and fluctuated horizontally, with both US and Brent crude reaching their lowest levels since March 10th. WTI crude oil briefly fell below the $80 mark and ultimately closed down 4.05% at $81.38 per barrel; Brent crude oil ultimately closed down 3.69% at $86.91 per barrel.