On Tuesday (March 19th), due to US economic data indicating high inflation stickiness and suppressed expectations of interest rate cuts, the US dollar index opened lower and rose higher, ultimately closing up 0.22% at 103.80. The benchmark 10-year Treasury yield closed at 4.2910%, while the 2-year Treasury yield, which is most sensitive to the Federal Reserve's policy rate, closed at 4.6970%.

Gold prices fell slightly on Tuesday (March 19), with spot gold closing 0.13% lower at $2,157.40 per ounce. The lowest point in the session was $2,147.03 per ounce, as the US single family housing construction rebounded significantly in February, reaching a nearly two-year high. The US dollar strengthened, and the market was concerned about the interest rate stance signal issued by the Federal Reserve at the end of its two-day policy meeting.

Oil prices rose to a multi month high for the second consecutive trading day on Tuesday (March 19), as traders assessed how Ukraine's recent attack on Russian refineries will affect global oil supply. Ukraine has intensified its attacks on Russia's oil infrastructure this year, with at least seven refineries targeted by drone attacks this month alone. Calculations show that these attacks have led to a 7% shutdown of Russia's refining capacity, which is approximately 370,500 barrels per day.