Market attention to differences in monetary policy trends between European and American central banks The US dollar rose on Wednesday, while gold prices consolidated horizontally

On Wednesday (May 8th), the US dollar index fluctuated around 105.5 and ultimately closed up 0.13% at 105.51. The 10-year US Treasury yield has rebounded and closed at 4.501%. The yield on the 2-year US Treasury, which is most sensitive to the Federal Reserve's policy interest rates, ultimately closed at 4.845%.

Gold prices remained stable on Wednesday (May 8th) as investors waited for US data to provide clues for the possibility of interest rate cuts by the Federal Reserve. The geopolitical situation provided support for gold prices, but a slight rise in the US dollar limited the upward space for gold.

Due to data showing a decrease in US crude oil inventories last week, crude oil slightly rebounded. WTI crude oil rose to an intraday high of $78.91 on Wednesday (May 8th) and ultimately closed up 1% at $78.89 per barrel; Brent crude oil closed up 0.74% on Wednesday (May 8th) at $83.53 per barrel.