Early in the Asian market on July 27, the dollar traded near 107.20, the International Monetary Fund cut global economic expectations, recession worries increased, the dollar reversed the downward trend on Tuesday; oil prices fell more than 1% on Tuesday.

1.Commodity closing, Brent crude oil futures fell 0.7% to close at $104.40 per barrel. U.S. crude oil futures fell 1.8% to $94.98 per barrel, while U.S. gold futures closed down 0.1% to settle at $1,717.70 per ounce.

2.U.S. stocks closed the situation, the Dow Jones Industrial Average fell 0.71% to 31,761.54 points; the S&P 500 index fell 1.15% to 3,921.05 points; the Nasdaq fell 1.87% to 11,562.58.

3.Gold prices were stuck in a narrow range on Tuesday as U.S. bond yields fell, offsetting the impact of a stronger dollar.

4.Oil prices reversed early gains and closed lower on Tuesday as investors worried about falling consumer confidence and prepared for the U.S. Strategic Petroleum Reserve to release another 20 million barrels of crude.

5.The euro also fell 0.87% against the safe-haven yen to 138.450 and 1.1% against the Swiss franc at 0.975. The dollar rose 0.07% against the yen to 136.78, while the pound ended the day at 1.2024 against the dollar, down 0.15%.

6.The Spanish government lowered its 2023 economic growth forecast to 2.7%.

7.The International Monetary Fund raised its economic growth forecast for Italy in 2022.

8.International Monetary Fund: 2022 global economic growth forecast lowered to 3.2%.