EUR/USD
1.14694
0.430%
Gold
4060.98
0.204%
Oil
79.185
0.043%
USD/JPY
162.029
-0.143%
GBP/USD
1.35407
1.122%
GBP/JPY
219.404
0.976%
Real-time News
Three U.S. officials said the recent U.S. strikes against Iran are increasing the U.S.s options for further escalation.Market news: Apple (AAPL.O) has raised the price of its AppleCare+ service. The monthly plan for Mac and iPad will increase by 50 cents, and the annual plan will increase by $5. This only affects new users.July 16 - The Indian government announced adjustments to windfall profits taxes on petroleum products, effective July 16. Specifically, the windfall profits tax on diesel exports will increase from 8.5 rupees per liter to 15.5 rupees per liter, and the export tax on aviation turbine fuel will increase from 7.5 rupees per liter to 14.5 rupees per liter; while the export tax on gasoline will decrease from 4 rupees per liter to 2.5 rupees per liter.July 16th - The Federal Reserves Beige Book showed that overall U.S. price levels rose moderately. Of the 12 Fed districts, 9 reported moderate price increases, 2 reported stronger increases, and 1 reported a smaller increase, with the overall increase remaining flat or slowing compared to the previous period. The report stated that rising energy, transportation, and raw material costs pushed up business input costs, with some businesses attributing the pressure to the Middle East conflict and tariffs. Consumer prices continued to rise, squeezing the profit margins of some businesses. Market opinions are divided regarding future inflation trends; some expect inflation to remain at current levels, while others believe that declining fuel prices may alleviate the pressure.July 16th - The Federal Reserves Beige Book showed that the U.S. job market maintained overall growth. Of the 12 Fed districts, five saw modest, moderate, or significant job growth, while seven remained largely unchanged, an improvement from the previous period where only one district reported job growth. The report stated that employment increased in several sectors, including manufacturing, construction, and retail, but recruiting skilled workers and technicians remained difficult. Job losses occurred in some districts, but the declines were limited. Regarding wages, most districts saw modest to moderate wage growth, with some increases related to companies competing for skilled labor. Furthermore, a few districts saw companies increasingly utilizing artificial intelligence for recruitment screening or to improve employee productivity.
