Group 1 - The core viewpoint of the articles highlights that optimism surrounding a potential US-China trade agreement is reducing market risk aversion, leading to a sell-off in US Treasury bonds [1][4] - The 10-year benchmark US Treasury yield rose by 4 basis points to 4.04%, marking a new high in over a week, while 5-year and 2-year yields increased by 3 basis points [1] - Market volatility is heightened as traders closely monitor the Federal Reserve's policy decisions and the outcomes of US-China negotiations, with any significant developments potentially triggering renewed risk aversion [4] Group 2 - Analysts suggest that the recent decline in US Treasury yields is due to investors closing positions that were previously taken in response to deteriorating US-China trade relations [4] - The ongoing US government shutdown has reached the second-longest record in history, resulting in the absence of key economic data and amplifying interest rate positioning risks [4] - Market participants are currently focused on trade optimism as a significant theme, with the progress of trade negotiations being a key driver of risk appetite [4]

Group 1 - Despite optimism regarding the easing of global trade tensions and the upcoming restart of the U.S. government, gold prices remain at historically high levels, indicating strong ongoing demand for safe-haven assets [1] - On Monday, gold prices surged by 3.1% to reach $4,381.52 per ounce, setting a new record high [1] - Technical indicators such as the Relative Strength Index (RSI) suggest that the aggressive price increase since August may have peaked, making it difficult to sustain such fervent growth [1] Group 2 - Market focus is on the latest developments in U.S.-China relations, with President Trump stating a desire for friendly interactions before negotiations resume, while reiterating potential tariffs on Chinese goods if no agreement is reached by November 1 [4] - The precious metals market has seen significant gains this year, with gold rising for nine consecutive weeks and increasing over 65% year-to-date, driven by central bank purchases, ETF inflows, geopolitical risks, rising fiscal debt, and concerns over the independence of the Federal Reserve [4] - Silver has outperformed gold with a year-to-date increase of over 80%, supported by macroeconomic safe-haven logic and a historic supply shortage in the London market, leading to price increases [4]

Group 1 - Gold is trading around $3337.78 per ounce, with a brief dip to $3320 due to optimistic trade expectations following a trade agreement between the US and EU [1] - US crude oil is trading at approximately $65.18 per barrel, with geopolitical tensions from Houthi forces threatening maritime operations, which supports oil prices [1] - The Federal Reserve's upcoming meeting is under scrutiny as the White House pressures Chairman Powell to significantly lower interest rates, with current rates at 4.25%-4.5% [1] Group 2 - The last week of July is significant with the upcoming Federal Reserve interest rate decision, non-farm payroll data, and PCE price index data to be released [2] - The gold market is currently under pressure from short positions after a significant drop, making the weekly close crucial [2] Group 3 - Gold has encountered resistance around $3438 and has retreated to a support level near $3320, indicating a potential for short-term upward movement despite bearish signals on daily charts [4] - The operational strategy for gold suggests buying near $3330 with a stop loss at $3320 and targeting $3342-48, while also considering short positions around $3345 [4] Group 4 - Crude oil continues to show a weak and volatile trend, with daily movements indicating a lack of strong upward momentum [5] - The operational strategy for crude oil suggests selling near $66.10 with a stop loss at $67.00 and targeting $64.50 [5]