EUR/USD
1.17729
-0.217%
Gold
4807.13
0.344%
Oil
89.374
1.258%
USD/JPY
159.091
0.074%
GBP/USD
1.35323
-0.210%
GBP/JPY
215.292
-0.103%
Real-time News
On April 16th, the Nikkei reported on April 15th that Tesla revealed on the 14th that it is considering producing humanoid robots at its Shanghai Gigafactory. The Shanghai factory has been producing electric vehicles since 2019 and will begin producing large-scale energy storage batteries in 2025. This plan to further expand manufacturing to humanoid robots aims to maintain its growth momentum in the Chinese market. Wang Hao, Vice President of Tesla and President of Tesla China, stated on the 14th that with the arrival of the robotics era, the Shanghai Gigafactory, like other Tesla factories, will shoulder an extremely important role as a production base, making significant contributions in areas such as robotics. The report stated that Tesla has not yet released details regarding the specific timing and scale of production. However, according to reports from some Chinese securities companies, its goal is to achieve an annual production capacity of 100,000 units by the end of 2026.The governor of the Polish central bank stated that the likelihood of further interest rate cuts has decreased due to the risk of an energy shock. The probability of holding rates steady or raising them is greater than cutting them.On April 16th, BlackRock believes that the markets mispricing of European Central Bank (ECB) rate hikes presents an opportunity to buy short-term Eurozone bonds. BlackRock executive Turner stated that he does not expect the ECB to raise rates three or even two times this year. BlackRocks view aligns with the ECB policymakers preference to keep rates unchanged at the end of April meeting. As a result, European government bonds rose slightly, and the money market reduced its bets on future rate hikes. Although the swap market still expects two rate hikes in 2026, the reduced likelihood of a rate hike this month is boosting short-term bonds. Two-year German bonds have fallen by about 10 basis points this week, on track for their biggest weekly drop in a year. Turner believes short-term bonds offer the greatest opportunity, but long-term bonds are less attractive due to "decreased government security."Meta Platforms (META.O): Starting today, users in Europe and the UK can opt into Facebook’s new feature that showcases photos and videos and offers suggestions for editing and compositing images.Market news: Starting in May, Russia plans to allocate excess revenue generated from oil prices above $59 per barrel to the National Welfare Fund, in accordance with its budget rules.
