US stock futures fell, US bonds remained stable, US dollar index fell below 99, spot gold hit $3,370, setting a new record high

Source: Wall Street News

Following the US-Japan negotiations on Wednesday, Japan said that the two sides will not reach an agreement quickly. On Monday, April 21, US stock futures fell collectively, Asia-Pacific stock markets rose and fell mixed, the US dollar index fell in the short term, the US dollar/yen fell 0.5% during the day, spot gold rose rapidly, and continued to hit a record high during the session, and US bonds remained the same overall.

According to Xinhua News Agency, Japanese Economic Regeneration Minister Ryo Akazawa, who is responsible for negotiating tariffs with the United States, visited the United States from the 16th and started the first round of trade negotiations with the United States since April 2.

After meeting with Trump, Akasawa said at a press conference after returning home on Friday that Trump's presence showed that the US hopes to speed up the negotiation process. But Akazawa stressed that despite the high hopes of the president, it may take some time to reach any agreement.

However, according to a leak from Fox News senior reporter Charles Gasparino on the X platform on Monday, U.S. Treasury Secretary Bescent is about to announce a trade agreement with Japan.

The three major U.S. stock index futures fell collectively.

The Japanese and Korean stock markets fell, with the Nikkei 225 index opening 0.75% lower, and the decline has expanded to 0.89%, while the Seoul Composite Index in South Korea fell 0.09%.

The yield on the 10-year benchmark US Treasury bond is basically stable, now at 4.339%; the yield on the 30-year US Treasury bond has risen slightly by 3bp to 4.841%.

The US dollar index fell 0.46% in the short term and is now at 98.78, the first time in three years that it fell below 99 points.

The dollar/yen decline expanded to 0.5% to 141.45.

Spot gold rose more than 1%, setting a new record high of $3,370 per ounce.

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