2024.9.17:
On Monday, as traders believed that the probability of a 50 basis point rate cut by the Federal Reserve in September was more than 25 basis points, the US dollar index continued to fall and lost the 101 mark, and finally closed down 0.45% at 100.66. US Treasury yields also fell, with the benchmark 10-year US Treasury yield closing at 3.623%; the two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.561%. The yen rose above 140 against the US dollar for the first time since 2023.
Spot gold set a record high of $2,588.95 per ounce on Monday, and then fluctuated at a high level, and finally closed up 0.15% at $2,582.37 per ounce. Spot silver once stood above the $31 mark, but failed to stand firm here, and finally closed up 0.07% at $30.72 per ounce.
International oil prices rebounded as the impact of Hurricane Francine on oil production in the Gulf of Mexico overshadowed the market's continued concerns about demand. WTI crude oil rose rapidly before the US market and once approached the $70 mark, and finally closed up 1.44% at $69.35 per barrel; Brent crude oil closed up 1.1% at $72.52 per barrel.
Account status: yield of about 300%, position 0.68, and maintain long position.
