As the market generally expects the Federal Reserve to cut interest rates in September, investors are also paying attention to the upcoming US inflation data to be released this week; Gold prices continued to rise on Tuesday, hitting a new historical high during trading
On Tuesday, the US non farm payroll data was significantly revised downwards, and the US dollar index first fell and then rose
On Tuesday, the US non farm payroll data was significantly revised downwards, and the US dollar index first fell and then rose, showing resilience, ultimately closing up 0.33% at 97.77. US Treasury yields generally rose, with the benchmark 10-year Treasury yield closing at 4.0930% and the 2-year Treasury yield sensitive to the Federal Reserve policy rate closing at 3.5690%. The price of gold experienced a roller coaster ride on Tuesday, fluctuating and rising to new historical highs, and then giving up its gains. During the Asia Europe session, it fluctuated in the $3630-$3660 range, and during the New York session, it hit a new historical high of $3674.36 per ounce, but then fell below $3630 and finally closed at $3626.13 per ounce. On Wednesday (September 10th), in the morning session of the Asian market, gold prices fluctuated and rose, currently trading around $3636.88 per ounce. Israel's attack in Qatar reignites geopolitical risks in the Middle East, with international crude oil prices rising. WTI crude oil ultimately closed up 0.50% at $62.76 per barrel; Brent crude oil ultimately closed up 0.32% at $66.44 per barell.