The United States continues to digest the negative effects of tariffs, and the US dollar fell on Thursday Next week, the US and Ukraine will hold talks in Saudi Arabia, and the market is waiting for the non farm payroll to come on stage

07 Mar, 2025

On Thursday, as the market remained concerned about the growth situation in the United States

On Thursday, as the market remained concerned about the growth situation in the United States, the US dollar index closed down for four consecutive trading days, falling below 104 at one point during the session and hitting a new low of 103.74, hitting a new low in nearly four months. However, it regained some lost ground in the late trading session and ultimately closed down 0.12% at 104.2. The yield of US Treasury bonds has declined, with the benchmark 10-year yield closing at 4.276%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.971%. Gold prices fell on Thursday, influenced by rising US Treasury yields and profit taking, while market attention shifted to Friday's non farm payroll data to understand the Federal Reserve's monetary policy movements. Under pressure from the US tariff war and OPEC+'s plan to increase production, the two oil companies have been in a state of oscillation. WTI crude oil hovered around $66, ultimately closing down 0.13% at $66.02 per barrel; Brent crude oil closed up 0.01% at $69.26 per barrel.

 

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