EUR/USD
1.16370
-0.030%
Gold
3385.17
-0.246%
Oil
63.069
-0.074%
USD/JPY
147.565
0.097%
GBP/USD
1.34740
-0.022%
GBP/JPY
198.832
0.080%
Real-time News
The Hang Seng Index in Hong Kong opened up 101.25 points, or 0.4%, at 25,626.17 points on Wednesday, August 27; the Hang Seng Tech Index opened up 32.09 points, or 0.55%, at 5,814.33 points on Wednesday, August 27; the CSI 300 Index opened up 33.2 points, or 0.36%, at 9,181.86 points on Wednesday, August 27; and the H-share Index opened up 15.96 points, or 0.37%, at 4,359.81 points on Wednesday, August 27.Faraday Future (FFIE.O) announced today that its founder and global co-CEO, Jia Yueting (YT Jia), and FF Global President, Jerry Wang, have made their first purchase of FF common stock under their previously signed 10b5-1 trading plan. On August 25, 2025, Jia Yueting increased his holdings of FF common stock by approximately $200,000 (including fees), and Jerry Wang purchased approximately $25,000 (including fees) of FF common stock. Both purchases were made in strict accordance with the previously signed 10b5-1 plan and after the expiration of the cooling-off period. Jia Yueting will complete the remaining purchases under the plan over the next three weeks, and Jerry Wangs next purchase is expected to occur one month later.Hang Seng Index futures opened up 0.3% at 25,650 points, 115 points higher than the previous session.Futures market news on August 27th: 1. Supply: Despite Ukraines attacks on Russian energy facilities, including refineries and gas stations, Russia still stated that exports would increase by 200,000 barrels per day next month, unaffected by the attacks. EIA data indicates a decline in US crude oil production. Elsewhere, Middle Eastern negotiations over Gaza remain stagnant. OPEC+ decided to increase production by 540,000 barrels per day in September, fully restoring the 2.2 million barrels per day of additional production cuts. The additional 1.66 million barrels per day of voluntary cuts will be considered after December. 2. Demand: Despite the US PMI exceeding expectations, the Federal Reserves dovish stance and EIA data indicating a significant rebound in US diesel prices, stronger than last year, suggest that US demand remains resilient. However, rising long-term bond yields in Europe and Japan are weighing on the economic outlook. 3. Inventories: As of August 22nd, API crude oil inventories fell by 970,000 barrels per day, gasoline inventories by 2.06 million barrels per day, and distillate inventories by 1.49 million barrels per day. 4. Viewpoint: Demand is suppressed by overseas long-term bond interest rates, and there is a high degree of certainty of oversupply. However, the uneven distribution of inventories has led to low visible inventories, and crude oil prices may fluctuate downward.Futures market data from August 27th indicated that Trumps dismissal of a Federal Reserve governor weakened the US dollar, benefiting gold. The market is gradually digesting the positive impact of Powells dovish speech at the 25th Jackson Hole Conference, leading to a decline in silver prices. Focus is on the upcoming PCE data, with gold and silver prices expected to remain volatile in the short term. In the medium term, the Federal Reserve will continue its rate cuts, the US Senate will pass the "Big, Big" bill, and the US debt ceiling will continue to rise, potentially leading to a further increase in the fiscal deficit, all of which will be positive for gold prices. In the long term, uncertainties in the global trade and inflation environment, global central bank gold and silver purchases, and the persistent supply and demand gap between global central banks and silver, contribute to a bullish outlook for precious metals.
