EUR/USD
1.14770
0.219%
Gold
4838.50
0.418%
Oil
97.436
-1.442%
USD/JPY
159.672
-0.114%
GBP/USD
1.32872
0.232%
GBP/JPY
212.164
0.178%
Real-time News
The Peoples Bank of China (PBOC) announced today that it conducted 13 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 13 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.The main Shanghai silver futures contract plunged 6.00% intraday, currently trading at 18,852.00 yuan/kg.Japanese Chief Cabinet Secretary Minoru Kihara: I hope the Bank of Japan will work closely with the government to formulate appropriate monetary policies to achieve the 2% inflation target in a stable and sustainable manner, and that inflation should not be driven by cost-push factors but by wage growth.The US dollar was last up 1.2% against the South Korean won, trading at 1501.25.On March 19th, the Reserve Bank of Australia (RBA) warned on Thursday that the Middle East conflict could trigger a severe international shock, but that Australian banks are well-positioned to support the economy should a significant downturn occur. In its semi-annual Financial Stability Review, the RBA listed a range of global vulnerabilities, including a potential collapse in financial markets, cyberattacks, and the spread of unconventional policies. This implies that the risk of a significant adverse shock to the domestic economy has increased in recent weeks. The RBA stated, "The Middle East conflict could trigger a larger shock, thereby disrupting the global economy, particularly given the continued supply disruptions in oil and other commodity markets… Given the significant increase in leverage and concentration in key global asset markets in recent years under low-risk premiums, this increases the likelihood of disorderly asset repricing in the event of further adverse developments." The RBA also stated that investments related to artificial intelligence could face a significant sell-off risk if productivity fails to improve as expected.
