Weakening US Treasury bonds coupled with increased repurchase operations supported a rise in gold prices.

Crude oil trading alert: Crude oil's rebound is weak, and it is expected to maintain a slight fluctuation in the short term.

Federal Reserve July Meeting Minutes: Inflation Risks Remain, Plans to Reduce Policy Meeting Frequency

Top Macroeconomic policies and overseas disturbances intertwined, leading to increased market volatility: August 20th [Non-ferrous Metals] Viewpoint Summary

Top A chart summarizing the "pivot points + long/short position signals" for gold, crude oil, forex, and stock indices on August 20, 2026.

Record exports, yet a widening trade deficit! The yen's "willingness is matched by its weakness."

Trump expresses dissatisfaction with interest rate policy and publicly criticizes the Federal Reserve.

After the pound rose above 1.3600, it fluctuated at a high level. Will the expectation of an interest rate hike at the end of the year give it another boost?

Unemployment hit a near four-year high, and the Australian dollar fell from its June peak, but the jobs report wasn't as dire as it seemed.

The Fed's hawkish stance failed to stem the dollar's decline, and the Treasury's buyback program further exacerbated the situation, propelling the euro to its highest level since the end of May.

The US Treasury increased the size of its Treasury bond repurchase program, putting the Federal Reserve's independence to the test.

The combined increase in debt during Trump and Biden's terms exceeded $20 trillion, with interest costs becoming the second-largest federal expenditure. Bessant urgently expanded its long-term debt repurchase program to stabilize the situation.

Weakening US Treasury bonds coupled with increased repurchase operations supported a rise in gold prices.

Popular Markets

XAU 4479.75

-43.03 -0.95%

Update Time ：13:40:37

XAG 66.708

-0.270 -0.40%

Update Time ：13:40:36

CONC 84.48

0.09 0.11%

Update Time ：13:40:36

OILC 91.72

0.18 0.20%

Update Time ：13:39:41

USD 98.883

0.100 0.10%

Update Time ：13:40:35

EURUSD 1.1670

-0.0006 -0.05%

Update Time ：13:40:37

GBPUSD 1.3602

-0.0003 -0.02%

Update Time ：13:40:37

USDCNH 6.7252

-0.0056 -0.08%

Update Time ：13:40:37

Latest News

Gold

Forex

Crude Oil

The combined increase in debt during Trump and Biden's terms exceeded $20 trillion, with interest costs becoming the second-largest federal expenditure. Bessant urgently expanded its long-term debt repurchase program to stabilize the situation.

2026-08-20 10:17:01

Weakening US Treasury bonds coupled with increased repurchase operations supported a rise in gold prices.

2026-08-20 10:00:59

August 20th Financial Breakfast: US Treasury repurchase "black swan" event triggers precious metals surge, gold jumps 4% to test $4527, Trump's further sanctions on Iran support oil prices.

2026-08-20 07:56:58

Gold strengthened as a weaker dollar offset yield pressures from rising oil prices.

2026-08-19 22:24:57

Why did gold suddenly fluctuate by $100? Long-term bond repurchase agreements suddenly doubled.

2026-08-19 21:37:00

The US stimulus package eased pressure on long-term bond yields, prompting a reversal and upward movement in gold prices.

2026-08-19 21:16:59

Market Analysis

Spot prices drive futures prices as LME copper inventories shift.

2026-08-14 20:44:58

Strait of Hormuz negotiations: What do the new conditions proposed by the US and Iran signify?

2026-08-11 23:28:57

Oil prices plummeted due to expectations of an agreement with Iran, the yen strengthened significantly, and the US chip sector experienced renewed volatility.

2026-08-03 19:56:55

Federal Reserve dissenting officials interpret their stance on interest rate hikes: High inflation may become entrenched, and the risks of waiting out outweigh the risks of gradual rate hikes.

2026-08-01 01:52:50

Iran confronts US military, destroying its aircraft; oil prices rise accordingly.

2026-07-17 18:24:13

Eight common misconceptions about the Producer Price Index (PPI)

2026-06-12 01:51:16

Central Bank Rates

Central Bank	Current Rate	Next Forecast	Last (Non-zero) Change (Basis Points)	Historical High	Historical Low	Latest CPI
Federal Reserve	3.5-3.75 2026-07-29	待预测 2026-09-16	-25 2025-10-30	20 1980-03-04	0-0.25 2008-12-27	3.4
European Central Bank	2.4 2026-07-23	待预测 2026-09-10	25 2026-06-11	4.75 2000-10-05	0.00 2016-03-16	2.9
Bank of Japan	1 2026-07-31	待预测 2026-09-18	25 2026-06-16	9.00 2008-10-31	-0.10 2016-01-29	1.7
Bank of England	3.75 2026-07-30	待预测 2026-09-17	-25 2025-12-18	17 1979-11-15	0.1 2020-03-26	2.9
Swiss National Bank	0 2026-06-18	待预测 2026-09-24	-25 2025-06-19	3.5 2000-02-03	-0.75 2015-01-15	0.4
Reserve Bank of Australia	4.35 2026-08-11	待预测	25 2026-05-05	17.00 1990-01-22	0.75 2019-10-01	4
Bank of Canada	2.25 2026-07-15	待预测 2026-09-02	-25 2025-10-29	8.06 1995-02-23	0.25 2009-04-21	3
Reserve Bank of New Zealand	2.5 2026-07-08	2.5 2026-09-02	+25 2026-07-08	8.25 2007-07-26	0.25 2020-03-16	4.1

CFTC Positions

ETF Holdings

Commercial Positions

Non-Commercial Positions

Long Position

Download App

Popular Markets

Latest News

The combined increase in debt during Trump and Biden's terms exceeded $20 trillion, with interest costs becoming the second-largest federal expenditure. Bessant urgently expanded its long-term debt repurchase program to stabilize the situation.

Weakening US Treasury bonds coupled with increased repurchase operations supported a rise in gold prices.

August 20th Financial Breakfast: US Treasury repurchase "black swan" event triggers precious metals surge, gold jumps 4% to test $4527, Trump's further sanctions on Iran support oil prices.

Gold strengthened as a weaker dollar offset yield pressures from rising oil prices.

Why did gold suddenly fluctuate by $100? Long-term bond repurchase agreements suddenly doubled.

The US stimulus package eased pressure on long-term bond yields, prompting a reversal and upward movement in gold prices.

Market Analysis

Spot prices drive futures prices as LME copper inventories shift.

Strait of Hormuz negotiations: What do the new conditions proposed by the US and Iran signify?

Oil prices plummeted due to expectations of an agreement with Iran, the yen strengthened significantly, and the US chip sector experienced renewed volatility.

Federal Reserve dissenting officials interpret their stance on interest rate hikes: High inflation may become entrenched, and the risks of waiting out outweigh the risks of gradual rate hikes.

Iran confronts US military, destroying its aircraft; oil prices rise accordingly.

Eight common misconceptions about the Producer Price Index (PPI)

Central Bank Rates

CFTC Positions

ETF Holdings

Today’s News

Today’s Calendar

Today’s Events

Popular Indicators

USAFederal Funds Rate Target Upper Limit

USASeasonally adjusted changes in non-farm payrolls

USAunemployment rate

USAInitial jobless claims

USACore PCE Price Index Annual Rate

USAADP Employment Changes

USAAPI Crude Oil Inventory Changes

USAEIA Crude Oil Inventory Changes