[Next Week's Macro Outlook: Walsh Set to Take Over the Fed, Gold Awaits CPI 'Verdict'] According to Jinshi reports, this week, although the retaliatory strikes triggered by the U.S.-Iran conflict briefly heightened tensions, the announcement of a three-day ceasefire in the Russia-Ukraine conflict slightly eased geopolitical risks. The U.S. Dollar Index showed overall volatility this week, closing at 97.84 on Friday, marking its second consecutive week of decline. Gold closed at $4,715.49 per ounce on Friday, up 2.17%. This week saw sharp fluctuations in global commodities and forex markets. In the international crude oil market, geopolitical risk premiums experienced a significant "collapse." Brent crude oil, influenced by rising expectations of a U.S.-Iran ceasefire, saw market sentiment shift rapidly, falling below $95, while WTI crude oil also dipped toward the $90 mark.