Trade progress lifts US outlook; dollar jumps, gold down 2%.

On Thursday, Trump announced a "breakthrough" trade agreement with the UK, and the US dollar index hit its highest reading since April 10th, closing up 0.76% at 99.86. The benchmark 10-year US Treasury yield closed at 4.2740%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.7870%. Bitcoin continued to rise, reaching $104000 per coin at one point, marking the first time since early February. It rose over $5000 during the day and is now trading at $102773 per coin; Ethereum surged 20.00% within the day, now trading at $2172 per coin. On May 9th Beijing time, spot gold traded around 3315.75, with gold prices falling nearly 2% on Thursday. US President Trump announced a trade agreement with the UK, raising hopes of reaching such agreements with other countries. Due to the trade agreement reached between the UK and the US, as well as the US announcement of sanctions on Iranian oil companies, international oil prices have surged by over 3%. WTI crude oil ultimately closed up 3.99% at $60.22 per barrel; Brent crude oil closed up 3.69% at $63.17 per barrel.