1. The main focus this week remains on changes in US Treasury yields, with market news over the weekend showing Trump's tax bill failed in a House subcommittee amid Republican divisions over costs.
Moody'sThe credit rating of the United States was downgraded, which had a great impact on the market. In the late trading of the United States on Friday, the yield of U.S. bonds rose significantly due to this impact, which also stimulated the previous
Precious metalsThe upward long-term logic "U.S. debt credit" has rebounded.
2. The market will react more heavily to the news on Monday, andPrecious metalsIn particular, gold as a safe-haven asset has some room for recovery, especially in the case of a significant correction of the risk premium in the early stage, but the yield of U.S. bonds andthe US Dollar IndexThe high level puts the market under pressure. When the market opens next week, we need to pay attention to the market's feedback on the news level. The volatility of the market is still high. After the ratio of gold to silver experiences a certain correction, silver will follow the trend of gold again.
(Article source: Chaos Tiancheng Futures)
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