US-Iran fail; USD down, gold $4750+, oil +4%.

On Monday, after rejecting Iran's latest peace plan, Trump stated that the US Iran ceasefire is still in a "life sustaining" state, but it was also revealed that he is considering resuming military action against Iran. Affected by the news that the US and Iran failed to reach an agreement on a peace agreement, the US dollar index opened short and then wiped out most of the gains of the day, ultimately closing up 0.09% at 97.92; The benchmark 10-year Treasury yield closed at 4.413%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.966%. On Tuesday morning (May 12th Beijing time), spot gold traded around $4753 per ounce in the Asian market. Gold prices rose slightly on Monday as investors digested the latest developments in the US Iran situation and waited for key inflation data in the US. At the same time, the market saw buying on dips The ongoing tension between the United States and Iran has left energy supply risks lingering, and international oil prices have maintained their upward trend after opening high. WTI crude oil briefly returned above $100 and ultimately closed up 3.4% at $98.62 per barrel; Brent crude oil ultimately closed up 3.74% at $102.51 per barrel.