EUR/USD
1.17420
-0.106%
Gold
3427.17
-0.128%
Oil
65.285
-0.035%
USD/JPY
146.663
0.034%
GBP/USD
1.35455
0.095%
GBP/JPY
198.667
0.126%
Real-time News
July 23, the yen weakened after an initial rise after US President Trump announced a trade agreement with Japan. The United States will impose a 15% tariff on Japanese goods, lower than the previously threatened 25% tariff. ING analyst Chris Turne pointed out that the agreement boosted risk appetite and weakened the safe-haven demand for the yen. He analyzed that as the ruling coalition led by Japanese Prime Minister Shigeru Ishiba lost its majority in the Senate election on Sunday, the market speculated that he might resign, which triggered political uncertainty - including how the new prime minister will cooperate with the opposition and what policy pressure the Bank of Japan will face.Statoil CEO: Global gas demand will grow in the long term.Futures July 23 news, the latest data from the UAE Fujairah Oil Industry Zone showed that as of the week of July 21, the total inventory of refined oil at the UAE Fujairah Port was 20.525 million barrels, an increase of 971,000 barrels from a week ago. Among them, light distillate oil inventories increased by 597,000 barrels to 7.985 million barrels, medium distillate oil inventories decreased by 393,000 barrels to 2.2 million barrels, and heavy residual fuel oil inventories increased by 767,000 barrels to 10.34 million barrels.On July 23, JD.com explained the difference between Seven Fresh Kitchen and other takeaway stores launched by other platforms through its official Weibo account, saying that Seven Fresh Kitchen is not a takeaway store, but a joint catering production platform. Seven Fresh Kitchens exploration of the supply chain has taken a step forward to participate in the food supply chain, and a step further to open stores and operate in a dish partnership. JD.com emphasized, "Seven Fresh Kitchens dish partnership model, rent, manpower, and operating costs are all funded by JD.com, and the partner merchants will never lose money. Catering merchants only need to be responsible for dish research and development. We believe that this model is more in line with the social responsibility that large enterprises should have."July 23, driven by the rise in U.S. and Japanese bond yields, eurozone government bond yields also rose. However, the markets focus is gradually shifting to the ECBs interest rate meeting held on Thursday. Although the market generally expects the ECB to remain on hold, Geoff Yu, a strategist at Bank of New York Mellon, said that the ECBs room for further easing policy will reopen. He pointed out that the unexpectedly low inflation rate in Nordic countries and the uncertainty surrounding tariffs and trade negotiations mean that from the ECBs perspective, there may be negative surprises in future economic growth. Despite this, Bank of New York Mellon expects that the ECB may not start cutting interest rates until September at the earliest.
