Rising oil prices drive up returns, bitcoin resists, gold weakens

AS A RESULT OF THE MILITARY CONFLICT BETWEEN IRAQ AND THE UNITED STATES, BRENT CRUDE OIL WAS APPROXIMATELY USD 90.49 AND WTI USD 85.76 AT THE TIME OF THE SETTLEMENT ON MONDAY. AT THE SAME TIME, THE 10-YEAR NATIONAL DEBT RETURN IN THE UNITED STATES CLIMBED TO 4.768 PER CENT, THE HIGHEST LEVEL SINCE JANUARY 2025. THIS CHANGE COULD LEAD TO HIGH INFLATION AND FORCE THE FED TO MAINTAIN AUSTERITY, WITH THE MARKET PREDICTING A RATE INCREASE OF ABOUT 65 PER CENT IN SEPTEMBER. NASDAK FUTURES REMAIN BELOW THE CRITICAL RECEIVING AREA OF 29,540-29,590 AND NEAR THE TEST OF 29,385. BITCOIN REBOUNDED FROM ABOUT US$77,165 TO US$78,600, AND DESPITE RISING YIELDS AND WEAK STOCK MARKETS, BITCOIN IS STILL RESISTING PRESSURE FOR RISK AVERSION. GOLD FUTURES RECEIVED $4,481 AFTER A DECLINE OF ABOUT 1.1 PER CENT, SPOT GOLD NEARED A TWO-WEEK LOW, AND RISING OIL PRICES EXACERBATED INFLATION AND AUSTERITY CONCERNS, LEADING TO HIGHER OPPORTUNITY COSTS FOR GOLD。