US–Iran MoU; USD weakens; gold breaks $4,300; oil near 2-month low.

Last Friday, there were multiple rumors that the US Iran memorandum of understanding was close to being signed, and the market was closely watching the progress of peace. The US dollar index fluctuated sideways and remained below the 100 mark, ultimately closing up 0.109% at 99.8, recording the largest weekly decline since early May for the week; The benchmark 10-year Treasury yield closed at 4.489%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 4.093%. On Monday morning (June 15th Beijing time) in the Asian market, spot gold trading opened over 1% higher, reaching a peak above $4300 per ounce. It is now trading around $4281 per ounce, benefiting from expectations of interest rate hikes, as the US Iran memorandum of understanding was completed and signed on June 19th. International crude oil continues its downward trend, with the third weekly decline in the past four weeks. WTI crude oil hit an intraday low since April 17th, closing down 2.7% at $84.82 per barrel; Brent crude oil ultimately closed down 2.76% at $86.09 per barrel.