Market overview

On Tuesday, the $Invesco QQQ Trust (QQQ.US)$ fell in early trading and then reversed. The $Nasdaq Composite Index (.IXIC.US)$ rose by more than 2% and led by small cap stocks by nearly 3%. U.S. stocks rose together, technology, chips and European stocks rose generally, and $Tuya Inc (TUYA.US)$, $XPeng (XPEV.US)$, $Bilibili (BILI.US)$ , $iQIYI (IQ.US)$ and $KE Holdings (BEKE.US)$ among the top gainers. Risk sentiment returned, international oil prices rose by more than 3%, US oil rose above US $71, and European natural gas soared by more than 20%. The prices of European and American Treasury bonds fell sharply, the yield of 10-year US bonds was forced to 1.50%, and British bonds rose by more than 10 basis points. The dollar fell, the Turkish Lira rose to a one month high, and bitcoin tested $49000 for the first time in five days. Gold fell below $1790, palladium rose more than 4%, London Metal Rose, and 'Dr. copper'Rose below $9500.