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1.15610
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Gold
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76.270
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157.556
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1.34972
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Real-time News
August 8th - The most important data release next week will be the US July CPI report on Wednesday, followed by PPI data on Thursday. Deutsche Banks US economists expect overall consumer prices to rise 0.15% month-on-month, compared to a 0.42% decline in June; core CPI is expected to rise 0.26% month-on-month, unchanged from June. For PPI data, overall PPI is expected to rise 0.22% month-on-month (previously 0.13%).Yemens Ministry of Defense: Launches military operation against Houthi rebels.On August 8th, Torsten Slok, chief economist at Apollo Global Management, stated, "Inflation is no longer just an economic issue; its about the credibility of the Federal Reserve. Inflation has been above target since 2021. For the worlds number one central bank, high inflation has persisted for a very, very long time."August 8th - At 9:00 AM on August 8th, the Ministry of Transport raised its typhoon defense response to Level II. The center of Typhoon Dolphin (strong typhoon), the 13th typhoon of this year, was located at 9:00 AM today (August 8th) in the southern part of the East China Sea, approximately 520 kilometers east of Wenzhou City, Zhejiang Province. It is expected to move westward at a speed of 10-15 kilometers per hour, with little change in intensity or a slight increase.August 8th - According to The Information, Nvidia (NVDA.O) has agreed to invest $2 billion in power infrastructure developer Lancium, with a commitment to invest an additional $1 billion if the company acquires more planned power resources. The deal reportedly values Lancium and its land and power connectivity assets at approximately $10 billion, including the investment amount and debt. Lancium is a power infrastructure company backed by Blackstone Group, developing power infrastructure projects in Texas, serving the OpenAI and Oracle AI campuses.
