EUR/USD
1.17381
-0.070%
Gold
4321.63
0.447%
Oil
55.782
1.348%
USD/JPY
154.878
0.109%
GBP/USD
1.34093
-0.074%
GBP/JPY
207.686
0.043%
Real-time News
The US dollar rose above 1,480 against the South Korean won for the first time in eight months.December 17th - According to data from China Tungsten Online, tungsten powder prices rose by 10,000 yuan/ton today, reaching a new high of 1 million yuan/ton, a 216.5% increase compared to the beginning of the year. In addition, the latest price for 65% black tungsten concentrate is 420,000 yuan/standard ton, a 193.7% increase compared to the beginning of the year; the latest price for ammonium paratungstate (APT) is 620,000 yuan/ton, a 193.8% increase compared to the beginning of the year.December 17th - ING Senior Economist Min Joo Kang wrote in a report that the Bank of Japan is more likely to raise interest rates on Friday due to strong Japanese exports. Exports rose for the third consecutive month in November, and core machinery orders surged for the second consecutive month in October. The data suggests the economy is recovering from the contraction of the previous quarter. The market will be watching comments from Bank of Japan Governor Kazuo Ueda. Given growing concerns about rising market interest rates, we expect Ueda to refrain from delivering any hawkish messages at the press conference.Yaojie Ankang-B (02617.HK) saw its gains widen to 20%, with the share price currently at HK$176.1.December 17th - Analyst Eamonn Sheridan stated that todays Japanese trade and investment data reinforced expectations that the Bank of Japan will raise interest rates by 25 basis points this week. After contracting last quarter, signs of economic recovery continue to strengthen. Japans exports rose for the third consecutive month in November, increasing by 6.1% year-on-year, easily exceeding market expectations. Strong demand in the US and Europe, along with a recovery in global semiconductor demand following the US trade agreement, drove this rebound. Exports to the US grew by 8.8%, and exports to the EU increased by nearly 20%, highlighting improved external momentum.
