The US dollar and US bond yields have fallen, and gold prices have risen to over a week high Oil prices have fallen by over 1%, and demand concerns have overshadowed the impact of geopolitical tensions

On Tuesday (February 20th), the US dollar index broke through the 104 mark, hitting a new low in over a week. It then rebounded and ultimately closed down 0.181% at 104.06. The yield of US treasury bond bonds fell back, with the benchmark 10-year US bond yield closing at 4.275% and the two-year US bond, which is most sensitive to the policy interest rate of the Federal Reserve, closing at 4.613%.

On Tuesday (February 20th), gold prices climbed to their highest level in over a week, with spot gold hitting a peak of $2030.76 per ounce during trading. As the US dollar and bond yields fell, market focus shifted to the latest monetary policy meeting minutes of the Federal Reserve, seeking further clues on interest rate cuts.

Oil prices fell by over 1% on Tuesday (February 20th), as concerns about global demand offset the support of the Israel Hamas conflict for oil prices. Due to the US President's Day holiday on Monday, the API crude oil inventory series data originally scheduled for early Wednesday morning will be released this week on Thursday morning, and the EIA data scheduled for Wednesday evening will be released this week at midnight on Friday.