Fed steady; USD ↑ Europe; Gold ↓ $4800, Oil ↑ ~3%.

On Wednesday, the US dollar index began to rise in the European market and once again crossed the 100 mark, ultimately closing up 0.73% at 100.28; The benchmark 10-year Treasury yield closed at 4.265%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.779%. On Wednesday (March 18th), spot gold experienced severe volatility, approaching the $4800 mark at one point and closing at $4818.83 per ounce, a decrease of 3.73%, hitting the lowest level of $4807 per ounce in over a month during trading. On Thursday (March 19th) morning trading in the Asian market, spot gold was hovering at a low level, currently trading at $4838.75 per ounce. Due to the threat of the Iranian Revolutionary Guard to attack multiple energy facilities in the Middle East, crude oil prices have risen significantly. WTI crude oil rose sharply during the European trading session and crossed the $100 mark during the US trading session, but failed to stabilize here, ultimately closing up 3.97% at $99.57 per barrel; Brent crude oil remained stable above $100 and ultimately closed up 6.39% at $107.20 per barrel.