Friday, June 13, 

High-Level Voices: 
Xinhua commented on the first meeting of the China-US economic and trade consultation mechanism, stating that resolving the long-standing structural contradictions and deep-seated differences in China-US economic and trade relations cannot be achieved overnight.

Overall Sentiment: 
Yesterday, the US dollar index fell below 98, hitting a recent low. From a technical perspective, this is a critical support level to watch, and a break below could trigger a new round of dollar depreciation, leading to a broad rally in dollar-denominated commodities.
Additionally, the US ordered the evacuation of some embassy personnel and their families from Iraq, Bahrain, and Kuwait, raising market concerns about instability in the Middle East.
This drove significant gains in both oil and gold prices. US stocks also rose amid expectations of interest rate cuts.