Trump hopes to reverse the "three lows" situation, with oil prices and the dollar both rising.

Before the outbreak of conflict with Iran, US President Donald Trump - whether intentionally or by coincidence - had seemingly achieved the desired results in three key financial markets: a drop in oil prices, a decrease in US Treasury yields, and a weakening of the US dollar. However, the airstrikes launched by the US and Israel over the weekend, as well as Iran's retaliation, are disrupting this situation. With war engulfing the Middle East, crude oil prices are soaring, exacerbating inflation concerns and making the path for the Federal Reserve to cut interest rates again more complicated. As a result, US Treasury yields are rising, going against the government's previous hopes of lowering the 10-year US Treasury yield. This rate serves as the benchmark for corporate loans and mortgages. Meanwhile, the US dollar is regaining its status as the ultimate safe haven asset, strengthening against almost all currencies globally. If this trend continues, it could weaken the competitiveness of US exports and damage Trump's policy agenda to boost manufacturing.