1:On Tuesday, as CPI data came in below expectations, it lowered market expectations for an imminent Fed rate hike. The US Dollar Index saw choppy movement lower during the Asia and Europe sessions, then suddenly plunged before the US trading session. During the day, it fell to an intraday low of 100.58 at one point, before rebounding. It ultimately closed down 0.35%, at 100.93. The benchmark 10-year US Treasury yield finished at 4.592%, while the 2-year US Treasury yield, which is sensitive to Federal Reserve policy rates, finished at 4.210%.

2:Spot gold rebounded sharply, rising above $4,100 at one point during the session, but it failed to hold above that level. It ultimately closed up 1.27%, at $4,052.70 per ounce. Spot silver finally closed up 1.79%, at $58.69 per ounce.

3:With the market waiting for the US to blockade Iran, international oil prices continued to fluctuate. WTI crude stayed near the $80 level and ultimately closed up 1.75%, at $79.16 per barrel. Brent crude ultimately closed up 2.14%, at $84.55 per barrel.

4:The three major US stock indexes all closed higher. The Dow rose 0.02%, the S&P 500 index rose 0.38%, and the Nasdaq rose 0.9%.

5:In the US, the June CPI year-over-year growth rate for CPI (not seasonally adjusted) slowed to 3.5%. In June, the seasonally adjusted CPI month-over-month recorded a decline of 0.4%, marking the first drop in six years. As of early this morning, interest-rate futures priced the total amount of Fed rate hikes by the end of the year at about 30 basis points, down 9 basis points from yesterday.

6:Federal Reserve Chair Powell’s testimony before the House of Representatives: He pledged to end the era of high inflation and said he would closely monitor the impact of AI. If the balance sheet is adjusted, the market will receive adequate advance notice.

7:US President Trump: The US will only blockade Iran’s maritime shipping and replace it with the trade and investment agreements reached between Gulf countries and the US, to substitute for the 20% transit fees the US would otherwise charge. He held talks with Iran; if no agreement is reached, the US will strike Iran’s power plants next week. #BTC反弹触及65000美元