On July 12, Jin10 reported that Stephen Innes, managing partner at SPI Asset Management, stated that supported by ongoing geopolitical risks, the Malaysian exchange's derivation gold futures are expected to rise within a stable range of $3300 - $3350 next week. He mentioned that despite the rise in U.S. Treasury yields and a stronger dollar, gold prices remain robust, indicating that the geopolitical risk premium is once again affecting market sentiment. "A sudden breakthrough or collapse in trade negotiations, especially with the EU, could quickly change market sentiment."

Odaily Planet Daily News SPI Asset Management analyst Stephen Innes said that although market participants generally believe that further interest rate cuts and strong profit rise will coexist, these factors may not necessarily depend on each other. It is widely expected that the Federal Reserve will cut interest rates by 25 basis points, but the subsequent trend is still uncertain. Regardless, the future of the US dollar, stock market, and bond market will largely depend on the guidance to be released by the Federal Reserve rather than the rate cut itself. The key question is whether the Federal Reserve will continue to raise rates in January next year FOMC.