EUR/USD
1.17181
0.305%
Gold
4716.92
0.481%
Oil
93.244
-2.505%
USD/JPY
159.415
-0.194%
GBP/USD
1.35321
0.490%
GBP/JPY
215.732
0.299%
Real-time News
April 27th - As tensions in the Middle East push up oil prices, U.S. Treasury market traders are closely watching this weeks Federal Reserve meeting to assess officials views on the inflation outlook. The market widely expects the Fed to keep interest rates unchanged on Wednesday, but traders tend to believe a rate cut is still possible before the end of the year. Swap market data from Friday showed the probability of a rate cut before the end of the year has risen to around 40%. This development could pave the way for Kevin Warsh, Trumps nominee, to lead the Fed and implement more accommodative policies. Against this backdrop, traders will be listening closely for incumbent Chairman Powells remarks at the post-meeting press conference for an update on his plans after his term ends next May. Meanwhile, this week will also see a series of Treasury auctions, including 2-year and 5-year notes, to test market demand at current yield levels.According to a recent article by tech journalist Marc Gurman, Apples successor CEO John Tenus will officially take office on September 1st, followed by the release of the first foldable iPhone. This arrangement aims to establish Tenus as the face of this product line. The device focuses on durability and micro-crease technology, and is expected to cost over $2,000. In addition to the phone, Cook has also left behind approximately 10 new product pipelines, including AI smart home devices, AR glasses, and touchscreen Macs, to help him drive Apple into an unprecedented product expansion cycle during his new term.Tanker tracking data shows that Iran has loaded 4.6 million barrels of crude oil at its crude oil terminals, and another 4 million barrels of oil appear to have broken through the US blockade.According to NBC News: The FBI is knocking on doors near the suspects home.Buckingham Palace has stated that King Charles and Queen Camillas trip to the United States will proceed as planned.
