Market concerns about the European political situation eased, and the US dollar fell on Monday The hawkish speech of the Federal Reserve helped boost the rebound of US bond yields, with gold prices slightly falling. Pay attention to "terrifying data"

18 Jun, 2024

On Monday (June 17th), the US dollar index fell slightly during the US market, but remained near its highest point in nearly a month, ultimately closing down 0.16% at 105.33.

On Monday (June 17th), the US dollar index fell slightly during the US market, but remained near its highest point in nearly a month, ultimately closing down 0.16% at 105.33. The 10-year US Treasury yield has rebounded and ultimately closed at 4.286%. The yield on the 2-year US Treasury, which is most sensitive to the Federal Reserve's policy interest rates, ultimately closed at 4.774%.

 

Gold prices fell 0.6% on Monday (June 17) to close at $2318.82/ounce, because Federal Reserve officials continued to make hawkish speeches to help the yield of US treasury bond bonds rise, because. Investors are waiting for more US data and statements from Federal Reserve officials this week to gain more clues about the outlook for monetary policy. Traders are currently closely monitoring the later statements of New York Fed Chairman Williams and Federal Reserve Director Cook. Investors also need to pay close attention to the US retail sales data (commonly known as "terrorist data") released on Tuesday.

 

As investors become increasingly optimistic about the demand outlook, international oil prices continued to rise on Monday (June 17th) and reached a new high in nearly a month. WTI crude oil once approached the $80 mark, but did not reach this level, ultimately closing up 2.39% at $79.91 per barrel; Brent crude oil rose 2.15% to $83.97 per barrel. The settlement price of oil futures in the United States and Brazil increased by about 2%, with the former reaching the $80 mark for the first time in a month.

x

WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.