US-Iran tensions eyed; USD rebounds, gold hits $4,500, oil surges.

On Tuesday, despite numerous reports in the market about the US Iran negotiations, investors remained cautious about the progress in ending the US Israel war with Iran. The US dollar index first fell and then rose, but still remained stable above the 99 level, ultimately closing up 0.01% at 99.20; The benchmark 10-year Treasury yield closed at 4.446%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 4.051%. On Wednesday (June 3, Beijing time), spot gold traded around $4490 per ounce in the Asian market. The market closely monitored the situation in the Middle East and US economic data. It is reported that Iran is considering the ceasefire agreement proposed by the United States, but has not communicated with Washington for several days. Meanwhile, US President Trump stated that negotiations are still continuing. WTI crude oil fell first and then rose, and began to rise during the US trading session, ultimately closing up 0.86% at $95.23 per barrel; Brent crude oil ultimately closed up 0.26% at $95.21 per barrel.