Abstract:On Thursday, US employment data fell short of expectations, and the US dollar index continued its downward trend, ultimately closing down 0.60% at 98.65; The benchmark 10-year Treasury yield ultimatel
On Thursday, US employment data fell short of expectations, and the US dollar index continued its downward trend, ultimately closing down 0.60% at 98.65; The benchmark 10-year Treasury yield ultimately closed at 4.1610%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.5510%. On Thursday (December 11th), as the Federal Reserve cut interest rates by 25 basis points for the third consecutive time, gold prices rebounded strongly, with spot gold rising 1.2% to reach a more than one month high of $4285.75 per ounce, while silver hit a historic high of $64.31 per ounce. The gold market is at a critical position, and if it can break through the $4300 mark, it may indicate the beginning of a new bull market. Under pressure from the potential peace agreement between Ukraine and Russia, international oil prices have fallen. WTI crude oil ultimately closed down 1.76% at $57.91 per barrel; Brent crude oil ultimately closed down 1.47% at $61.59 per barrel.