Macro data differentiation, the US dollar fell significantly on Tuesday Gold stabilizes after hitting its lowest point in over two weeks Expecting US economic data

On Tuesday (April 23), the US dollar index maintained a downward trend, with the US market accelerating its decline due to an unexpected cooling in April manufacturing PMI data. It ultimately closed down 0.43% at 105.69. The 10-year US Treasury yield ultimately closed at 4.606%. The yield on the 2-year US Treasury, which is most sensitive to the Federal Reserve's policy interest rates, ultimately closed at 4.933%.

Due to weakened concerns about escalating tensions in the Middle East, gold prices rebounded on Tuesday (April 23) after hitting a new low of over two weeks after briefly falling below the 2300 mark. Investors are waiting for key economic data to obtain more clues about the US interest rate cut schedule.

Due to the continued assessment of the impact of the Middle East situation by the market, WTI crude oil rebounded on Tuesday (April 23) and ultimately closed up 1.52% at $83.33 per barrel; Brent crude oil closed up 1.48% on Tuesday (April 23) at $88.42 per barrel.