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On January 27, the Federal Reserve announced that due to inclement weather, the federal government offices in Washington, D.C., will be closed on Tuesday, January 27. The Fed plans to release all announcements, including statistical data, as scheduled. The Federal Open Market Committee (FOMC) will hold its monetary policy meeting as planned on Tuesday, January 27, and Wednesday, January 28. The FOMC statement will be released at 2:00 p.m. Eastern Time on January 28 (3:00 a.m. Beijing Time on Thursday), and the Fed Presidents press conference will begin at 2:30 p.m. (3:30 a.m. Beijing Time on Thursday).On January 27th, at a recent internal strategy meeting, Baidu Smart Cloud executives set the tone, raising the 2026 AI-related revenue growth target from 100% to 200%, with all employees striving for high growth and aiming to become number one in the AI cloud market.Gold prices rose in early Asian trading on January 27th, driven by tariff concerns. US President Trump announced on Monday that the US would raise tariffs on imported cars, pharmaceuticals, and timber from South Korea from 15% to 25% because the South Korean parliament has not yet approved a trade agreement with the US. “Gold continues to attract safe-haven inflows amid ongoing trade and geopolitical tensions,” said Nikos Zabras of Tradu.com in an email. However, the senior market analyst added that the precious metal “remains vulnerable to profit-taking and price volatility, especially given the increasing speculative positions.”The UK is set to cap land rents on existing properties. Sources familiar with the matter say British officials will announce on Tuesday morning that the cap will be £250 per property.Japans corporate services price index rose 0% month-on-month in December, compared with 0.4% in the previous month.

At market close, Israeli equities dropped; the TA 35 index declined 0.64 percent

Aria Thomas

Jul 05, 2022 11:10


The Israel stock market declined on Monday evening, with losses in the Banking, Insurance, and Financials sectors leading the slide.


At the market's close in Tel Aviv, the TA 35 fell 0.64 percent.


During the session, Energix (TASE:ENRG) had the best performance on the TA 35, collecting 5.27 percent of 61.00 points to end at 1,218.00. Strauss Group (TASE:STRS) jumped 2.07 percent, or 180 points, to $8,859.00 at the conclusion of trade, while Azrieli Group Ltd (TASE:AZRG) advanced 1.08 percent, or 270 points, to $25,300.00 in late trading.


Israel Corp (TASE:ILCO) ended the day with the worst performance, sliding 3.96 percent, or 6,240.00 points, to 151,260.00. ICL Israel Chemicals Ltd (TASE:ICL) closed the day at 3,097.00, down 3.07 percent, or 98.00 points, while Kenon Holdings Ltd (TASE:KEN) down 2.28 percent, or 310.00 points, to 13,310.00.


On the Tel Aviv Stock Exchange, decreasing stocks outnumbered rising stocks by a ratio of 276 to 201, with 39 remaining unchanged.


The August delivery price per barrel of crude oil increased 1.82 percent, or $1.97, to $110.40. Brent oil for September delivery rose 1.75 percent, or $1.95, to $113.58 per barrel, while the August Gold Futures contract rose 0.28 percent, or $5.00, to $1,802.50 per troy ounce.


The USD/ILS exchange rate fell 0.60 percent to 3.50, while the EUR/ILS exchange rate fell 0.64 percent to 3.65.


The US Dollar Index Futures climbed 0.07 percent to 104.98.


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