CCB precious metals deferred account opening process

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Basic analysis
Tuesday (Month) The U.S. market returns from the holiday. The overall good performance of a series of U.S. economic data that the market is paying attention to before this week's heavy non-farm data further supports the expectation that the Federal Reserve will raise interest rates in the summer. This boosted the dollar and continued its upward trend. Yellen said on Friday that it would be appropriate to raise interest rates in the coming months if the economy and job market continue to improve. Oil prices were earlier boosted by increased demand for crude oil and the monthly report. However, oil prices were once again suppressed by the strong resistance of the U.S. dollar during the New York session. Coupled with the strength of the U.S. dollar and the sharp decline in U.S. stocks, oil prices finally closed down % on Tuesday. Gold prices rose slightly, supported by falling stock markets, and recorded their largest monthly decline in six months this month. However, the market has already digested the hawkish speech of Federal Reserve Chairman Yellen last week. According to the Federal Reserve funds rate futures, the probability of the Federal Reserve raising interest rates this month is still only %. This still leaves an opportunity for gold prices to rebound. Get more guidance after farm employment report.